Electrabel, a subsidiary of French utility Suez, and merger partner Gaz de France (GdF) have jointly acquired a power plant in England from Goldman Sachs and Cargill for an undisclosed amount.
Increasing pressures to work overtime and a falling number of available partnerships are driving young lawyers to leave their firms, according to a recent survey.
Swiss private equity firm Capvis has acquired leather furniture maker de Sede. The target company, also based in Switzerland, was bought from Hans-Peter Fässler and Bernhard Schüler for an undisclosed sum.
Mid-market private equity house Graphite Capital has backed a management buy-out of shoe retailer Kurt Geiger from its current owner, Barclays Private Equity.
Swedish technology group Indutrade has acquired Precision Products, a Chesterfield-based supplier of piston rings to the marine engine industry. The deal marks Indutrade’s second UK acquisition, following last year’s acquisition of Newcastle-based technical sales business International Plastic Systems.
Swedish technology group Indutrade has acquired Precision Products, a Chesterfield-based supplier of piston rings to the marine engine industry. The deal marks Indutrade’s second UK acquisition, following last year’s acquisition of Newcastle-based technical sales business International Plastic Systems.
A London-based intellectual property company has continued its plan to expand its presence in China’s interactive TV market by completing a deal worth at least £2 million.
Almost two-thirds of independent financial advisers (IFAs) believe that established VCTs will be most popular with investors this year, according to research from Noble Fund Managers.
The £4.5 million acquisition of software company Solcara by e-commerce group ArgentVive has led to a ‘highly profitable’ exit for The Capital Fund, which originally invested £250,000 in 2003.
Mobile communications company Palringo has secured funding of £2.4 million from five venture capital (VC) firms to help launch its platform for next-generation mobile messaging globally.
