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Another sale for Southern Cross

Care home operator Southern Cross has continued its disposal programme by agreeing to sell its freehold interest in a property in Somerset. 

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ThirtyThree to expand with new funding

ThirtyThree, a recruitment communications agency with 140 staff in London and Bristol, has secured a £4 million funding package from Royal Bank of Scotland (RBS) to finance its ambitious expansion plans.

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AD technology firm Biogen acquires Greenfinch

Two of the firms to pioneer the use of anaerobic digestion (AD) technology for the treatment of municipal solid waste in the UK, Biogen and Greenfinch, have combined forces.

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Albatross Travel undergoes MBO

Albatross Travel Group, a wholesale travel firm with some 100 staff at offices in Kent and Derbyshire, has undergone a management buy-out for undisclosed terms.

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One in, one out for Griffin

Investment banking and financial services group Griffin has agreed to buy stockbroker Alexander David Holdings, while simultaneously authorising the sale of one of its subsidiaries.

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Wealthy close in on PE and property deals

Despite challenging financial markets, private investors have shown a healthy appetite for private equity and commercial property deals, says UK private investor syndicator, Hotbed.

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Genelabs deal boosts GSK’s anti-virus research

GlaxoSmithKline has acquired Genelabs Technologies, a biopharmaceutical company focused on the discovery and development of compounds for infectious diseases, for some $57 million (£35 million) in a $1.30 per share cash offer.

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Financial and energy deals remain strong

M&A activity in Europe may have declined by 37 per cent on last year, but there are still deals to be made in the financial and energy sectors, according to data from Thomson Reuters.

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Genelabs deal boosts GSK’s anti-virus research

GlaxoSmithKline has acquired Genelabs Technologies, a biopharmaceutical company focused on the discovery and development of compounds for infectious diseases, for some $57 million (£35 million) in a $1.30 per share cash offer.

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Financial and energy deals remain strong

M&A activity in Europe may have declined by 37 per cent on last year, but there are still deals to be made in the financial and energy sectors, according to data from Thomson Reuters.

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Syngenta Flowers to grow with US deal

Syngenta Flowers, a global leader in the pot and bedding plant industry, has acquired the pot and garden Chrysanthemum and Aster business from US flower company Yoder Brothers.

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MPS Global LLC acquires Talascend Group

MPS Global LLC, a provider of high-tech engineering, design and IT talent, has acquired the Talascend Group, including EPCglobal, an international engineering staffing company operating in the engineering and construction industries.

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York Pharma seals wound care deal 

A dermatology-focused pharmaceutical company has completed its second deal in a month as part of its plan to strengthen its position in the chronic wound care market. 

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Willowbrook Healthcare receives injection of funds

Care home group Willowbrook Healthcare has secured £53 million to fund its expansion plans, which include opening new and acquiring established care homes across the UK.

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