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Ultra acquires Siemens Radmon

Defence systems company Ultra has acquired Siemens Radmon, the radiation monitoring business of the German engineering giant, for about £5 million.

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OrganOx secures funding to develop prototype

A spin-out from Oxford University has rasied £1.5 million to help it develop a device for sustaining human organs outside the body.

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Sweet deal for Associated British Foods

Associated British Foods unit British Sugar has agreed to acquire Ebro Puleva SA’s Spanish sugar business Azucarera Ebro SL for €385 million (£346 million).

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Chemring acquires NIITEK

Chemring Group Plc, a UK specialist manufacturer of decoy countermeasures and materials for the defence, security and safety markets, has acquired Non-Intrusive Inspection Technology, Inc. (NIITEK) for $30 million (£20 million).

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TWM engineers bespoke Doig deal

Buckinghamshire-based Turner Workflow Manufacturing (TWM) has acquired Berkshire and Scotland-based engineering group Doig S&E for £300,000.

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Slimma tries on double deal for size

Slimma, an international women’s wear supplier, has acquired event wear brands Michel Ambers, which serves some 350 independent shop customers; and Claudia Stevens, a collection of event wear for the outsize market.

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Management announce Omega deal

The management of a kitchen furniture manufacturer has cooked up a buy-out of the business after securing the funding to take the company private.

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Severstal mines African iron ore stake

OAO Severstal (Severstal), a metals and mining company with assets in Russia and in North America, has announced that its Severstal Resources mining division has acquired a 61.5 per cent stake in African Iron Ore Group (AIOG).

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