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News

Publisher agrees
Witherbys merger

Scottish marine publisher Seamanship International has merged with Witherbys, a seventh-generation publishing business, to create Witherby Seamanship International, combining more than 400 titles and generating initial turnover of around £3.5million.

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New World Gaming acquires Gateway

New World Gaming Partners, a joint venture owned by Australia’s Macquarie Group and Crown (formerly Publishing and Broadcasting), has acquired all of the units of Gateway Casinos Income Fund.

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JG Ross completes Jack Cooper deal

JG Ross has acquired Jack Cooper to create a combined bakery with turnover of some £9 million.

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SAL taken over by management

SAL Abrasive Technologies Group, an industrial manufacturer, has been subject to a management buy-out backed by Royal Bank of Scotland.

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Weir Group buys Mesa Manufacturing

Scottish engineering group Weir Group Plc has bought US company Mesa Manufacturing in a cash deal worth $40 million (£20 million).

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Holidaybreak buys
education business

A provider of specialist European holidays has cemented its position in the educational travel market after making a seven-figure acquisition.

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VCT millions await growth opportunities

Venture capital trusts (VCTs) still have more than £1 billion to invest in fast-growing companies, according to research from GrowthBusiness sister title Business XL.

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Nokia acquires social platform

Plazes, a Swiss-based developer of a platform that helps people coordinate social activities online, has been acquired by Finnish mobile giant Nokia.

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VCT millions await growth opportunities

Venture capital trusts (VCTs) still have more than £1 billion to invest in fast-growing companies, according to research from GrowthBusiness sister title Business XL.

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Nokia acquires social platform

Plazes, a Swiss-based developer of a platform that helps people coordinate social activities online, has been acquired by Finnish mobile giant Nokia.

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Darwen drives forward
£16m buy

Darwen plc is set to expand its Lancashire bus and coach-building operations after agreeing to buy Optare for some £16 million.

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Even more room at the inn

GuestInvest, a buy-to-let hotel company, has acquired two more central London properties in a deal worth £120 million.

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Ethos buys Tiger Automotive

Ethos Private Equity has bought JSE-listed Tiger Automotive, a retail and wholesale after-market wheel and tyre company, in a public-to-private deal.

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Ventizz Fund switched on
to lighting deal

Advised by Germany-based Ventizz Capital Partners, Ventizz Capital Fund IV LP has acquired Zett Optics, a supplier of medical and laboratory lighting, from private equity house Allegra Capital.