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Moog Controls buys Fernau Avionics

Mid-market private equity house Dunedin has sold Fernau Avionics, a designer and manufacturer of navigational aids for aeroplanes, for £32 million.

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AIM brokers in £16m merger

As foreshadowed in December, brokers WH Ireland and Blue Oar have agreed terms of a "possible" £16.2 million merger.

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OmPrompt secures £1m

OmPrompt, the messaging connectivity company, has secured £1 million from existing investor Shackleton Ventures.

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Moberg Derma in pharma deal

Moberg Derma, a Swedish developer of patented medical products for skin disorders, has acquired two pharmaceutical projects in pre-clinical phase from Zelmic also based in Sweden.

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KME buys Metalbuyer

Milan-listed KME, a maker of copper and alloy products, has halted its share buyback programme to make new investments.

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Dragons’ Den has helped UK economy, says James Caan

Star of Dragons' Den and multimillionaire entrepreneur James Caan says the TV programme has helped to create a more entrepreneurial culture in Britain.

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US Leaf Clean in biomass deal

Leaf Clean Energy Company, an AIM-listed venture established to invest in clean energy companies and projects in North America, has made a $12.2 million investment in Telogia.

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Enara closes two bolt-on deals

August Equity-backed Enara Group, a provider of private and social services-based home care in London and the home counties, has acquired County Care and certain assets from The Home Service Group.

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US Leaf Clean in biomass deal

Leaf Clean Energy Company, an AIM-listed venture established to invest in clean energy companies and projects in North America, has made a $12.2 million investment in Telogia.

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Enara closes two bolt-on deals

August Equity-backed Enara Group, a provider of private and social services-based home care in London and the home counties, has acquired County Care and certain assets from The Home Service Group.

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Westminster Group Plc acquires Longmoor Services

Westminster Group Plc, the AIM-listed supplier of system services and products to the security, defence, fire protection and safety markets, has announced that it has acquired Longmoor Services for up to £2.4 million.

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VAT cut not helpful, say SMEs 

The vast majority of SMEs believe the Chancellor’s VAT cut was a bad idea, according to a survey conducted by Access Accounting.

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Diagnostic software firm in BIMBO

A buy-in management buy-out (BIMBO) team has acquired Diagnos, a developer of diagnostic software for the car servicing industry, for an undisclosed sum.

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UME in takeover talks

Uruguay Mineral Exploration says it is in discussions which "may or may not" lead to an offer. Based in the Uruguayan capital of Montevideo and quoted on AIM and the Toronto Venture Exchange, UME operates Uruguay’s only producing gold mine.

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