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Litorina takes Pahlen stake

Private equity firm Litorina Kapital has bought a majority shareholding in a swimming pool products manufacturer Pahlen, which is based in its native Sweden.

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Maria Mallaband seeks growth with Lloyds cash

Leeds-based care home group Maria Mallaband hopes to double in size by 2010 after securing a property finance deal with Lloyds TSB Corporate Markets.

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UBM adds exhibitions to portfolio

United Business Media (UBM), a business news distributor and events organiser, has completed its 15th acquisition this year.

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Cullum Capital Ventures buys Alker Brothers and all today’s headlines

In today's headlines Greatfleet has bought Qualitas for £4.4 million and Standard Chartered bank looks to acquire Pembroke for an undisclosed fee.

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Next Big Thing: Contactless cash cards

For coins and notes, it could be the beginning of the end. This autumn high-street banks will issue credit and debit cards with a new contactless payment facility, allowing cardholders to pay for items under £10 by simply swiping the cards over a reader.

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Heritage House raises £2.8 million

Foresight Venture Partners has completed a £2.8 million management buy-in of Heritage House, a newly formed media company focused on the heritage sector, including stately homes, castles, gardens, museums, galleries and other historical institutions.

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Management take control of plastics firm

Maynard & Harris Plastics, a plastic packaging supplier, has been bought by its management for undisclosed terms.

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Sage buys French software company

Management software specialist The Sage Group plc has enhanced its product offering after buying a majority shareholding in a French company.

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Management take control of plastics firm

Maynard & Harris Plastics, a plastic packaging supplier, has been bought by its management for undisclosed terms.

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Sage buys French software company

Management software specialist The Sage Group plc has enhanced its product offering after buying a majority shareholding in a French company.

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Pure Telecom buys NewTel Communications and all today’s headlines

In today's headlines Glisten has bought Dormen Foods for euro3 million and Concateno looks to bag Cozart for £64 million.

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Story time for Mission Marketing

The Mission Marketing Group (TTM), a communications and advertising company, has expanded its expertise after buying direct and digital marketing specialist Story UK. The deal could be worth £13.5 million if all performance targets are achieved.

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Polaris makes Skamol investment

Polaris Private Equity, which invests in mature small and medium-sized businesses in Denmark and Sweden, has bought Skamol, which develops, manufactures and markets thermal insulating materials for heat-intensive and passive fire protection industries.

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Immune Targeting secures £3.5 million

A company that develops synthetic vaccines for mutating viruses has recruited a new team of scientists and re-located to dedicated premises after completing a seven-figure investment round.