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Founder sells jewellery specialist to son

The founder of a diamond and platinum specialising in bespoke one-off pieces has sold the business to his son.

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BA to fly away with French airline

Aviation giant British Airways has boosted the services offered by one of its subsidiaries after agreeing to buy a French airline.

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Domain name rush 2.0?

Last week's decision to allow companies to buy their own top-level domains (TLDs) has led to press forecasts of a land-grab similar to that of the late 1990s. Nora Nanayakkara, director of business development at domain marketplace SEDO, believes this prospect may be exaggerated.

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Portuguese group buys salad supplier

A grower of watercress and other salad ingredients in the UK and Portugal is set to be acquired by RAR Group, a Portuguese private company.

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Biofuel business secures £1.75 million

Foresight, an asset management firm that runs five VCTs, has invested £1.75 million in biomass fuel producer Silvigen.

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Novacom deal sparks growth

Advanced Power Components plc, a specialist distributor and manufacturers' representative of electronic components, has acquired Novacom Microwave.

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SOS undergoes executive MBO

Solicitors Own Software (SOS), providers of legal practice and case management software and services, has undergone a management buy-out by the current executive team following the planned retirement of founder Michael Platt. The financial details of the MBO were undisclosed.

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Trio buy ServiceSource

IT professionals George Buchan, Mark Hesketh and James Bruce have completed the management buy-out of ServiceSource Europe’s multi-vendor division in a deal backed by RBS Invoice Finance.

News

SOS undergoes executive MBO

Solicitors Own Software (SOS), providers of legal practice and case management software and services, has undergone a management buy-out by the current executive team following the planned retirement of founder Michael Platt. The financial details of the MBO were undisclosed.

News

Trio buy ServiceSource

IT professionals George Buchan, Mark Hesketh and James Bruce have completed the management buy-out of ServiceSource Europe’s multi-vendor division in a deal backed by RBS Invoice Finance.

News

Crane firm buys James Jack

Ainscough Crane Hire has acquired Aberdeen-based James Jack Lifting Services for an undisclosed sum. The purchase of James Jack, which also has operations in Invergordon, Dundee and Grangemouth, was backed by Bank of Scotland.

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Emerging markets offer alternative

Buy-out levels in the UK have dropped to their lowest for four years according to Centre for Management Buyout Research, indicative of the global slowdown, but emerging markets could provide some respite.

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Stobart’s cool head for business

Stobart Group, a Warrington-based transport and logistics provider, has acquired Innovate Logistics’ chilled distribution operations from its administrator, BDO Stoy Hayward.

News

Smiths heads Down Under

A London-based technology group has expanded its expertise in the wireless communications market after buying an Australian electronics firm.

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