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Tangent’s Lateral thinking

PR firm Tangent Communications has acquired digital communications company Lateral for an undisclosed sum. 

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Stardoll merges with Piczo

US teen social networking websites Stardoll and Piczo have merged. The details of the deal remain undisclosed. 

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Sagem acquires Gigaset assets

French broadband products developer Sagem Communications has acquired the broadband and WiMAX business of Gigaset Communications, a subsidiary of Arques Industries and Siemens.

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Majestic Wine acquires Lay & Wheeler

Wine warehouse chain Majestic Wine Plc, has acquired fine wine specialist and family-run business Law & Wheeler for up to £6 million. The deal is being funded by a new term loan arranged with Barclays Bank.

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Drax finds a Haven

Energy company Drax Group Plc has acquired Haven Power, an electricity supply business, from Welsh Power for £10.75 million.

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Triumph for Kongsberg in aviation deal

Triumph Group, a US aircraft manufacturer, has agreed to acquire the Essex and Germany-based aviation business of Kongsberg Automotive for £18 million.

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Advent sells Snell & Wilcox stake

Broadcasting technology companies Snell & Wilcox and Pro-Bel have merged in a £72 million deal, providing a partial exit for Snell’s VC backer.

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Garantum Fondkomissionen seals deal

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Advent sells Snell & Wilcox stake

Broadcasting technology companies Snell & Wilcox and Pro-Bel have merged in a £72 million deal, providing a partial exit for Snell’s VC backer.

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Garantum Fondkomissionen seals deal

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Trinet acquires Gevity

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Merseyside accountants merge

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Broadpoint purchases Gleacher

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Eidos in Japanese takeover

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