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Trilogy Logistics bags CM Lane

UK distributor Trilogy Logistics has acquired rival logistics company CM Lane. Read on for more deal headlines.

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Ethel Austin gets face lift

Elaine McPherson has rescued more than 2,500 jobs at Merseyside retailer Ethel Austin.

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Retec closes digital deal

A marketing services company that lists Tesco, Asda and Sainsbury’s among its clients has added a screen communications business to its operations.

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Cityspace announces Kizoom acquisition

A transport information company is to develop new products to support public transport users after buying one of its rivals.

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White Nile expands into Nigeria

Guernsey-based oil and gas exploration company White Nile is set to acquire PA Energy Africa, a private oil company in Nigeria, for $1.8 million (£919,000) and 3.1 million shares.

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Smiths Group in
oil & gas lift

Smiths Group plc, a global technology business listed on London’s main market, has acquired Texan oilfield equipment specialist Fiber Composite Company to complement a business it purchased last year.

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Aria Networks gets £2 million boost

Telecommunications software provider Aria Networks is earmarked for expansion after raising £2 million from venture capitalist Seraphim Capital.

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Innovation to buy garage network

A provider of business process outsourcing services to insurance companies is on the verge of expanding its offering after agreeing to buy a vehicle maintenance and repair company.

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Aria Networks gets £2 million boost

Telecommunications software provider Aria Networks is earmarked for expansion after raising £2 million from venture capitalist Seraphim Capital.

News

Innovation to buy garage network

A provider of business process outsourcing services to insurance companies is on the verge of expanding its offering after agreeing to buy a vehicle maintenance and repair company.

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Antisoma buys into the US

A London-headquartered biotechnology company focused on the development of cancer drugs will enlarge its offering with the agreed acquisition of a US oncology company.

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T123 in debt-funded buy-out

A Lancashire-based supplier of ground support equipment to airports has completed a management buy-out (MBO).

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Glubble secures follow-on angel funding

A developer of web browser software that allows parents to control their children's use of the internet has secured additional funding.

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European VCs faring better than US

Disclosed venture capital (VC) investment in European companies totalled €1.4 billion (£1.1 billion) in the first quarter of 2008, rebounding from a weak fourth quarter.

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