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Metals Exploration acquires Philippines mining concern

Metals Exploration, an investor in the precious and base metals sector, has acquired the remaining 15% of Philippines-based FCF Mining Corporation for A$9.1 million (£3.87 million).

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American Leisure Group begins trading on AIM

A holiday resort company which plans to develop 516 acres of land close to the Disney theme parks in Orlando, Florida has floated on AIM.

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Consortium buys ferry operator

A consortium of European investors has bought Scandlines Group, a ferry operator in the Baltic region.

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CapMan buys Swedish healthcare specialist

Nordic private equity group CapMan has bought a majority shareholding in a Swedish healthcare provider.

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EAG joins AIM

EAG, a provider of micro-analytical surface testing and materials characterisation services, has joined AIM.

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Management buys Fernau Avionics

Fernau Avionics, a designer and manufacturer of navigational aids to the civil and military aviation markets, has been bought by its management.

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Cash injection for Glide Pharma

Pharmaceutical outfit Glide Pharma has raised £2.3 million. The funding involved existing shareholders, such as Oxford Technology 4 VCT, as well as new investors including Oxford Capital Partners.

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Travelzest heads to Cuba

Captivating Cuba, a UK-based company offering holidays to the Caribbean island, has been bought by AIM-listed tour operator Travelzest for £10,000.

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Cash injection for Glide Pharma

Pharmaceutical outfit Glide Pharma has raised £2.3 million. The funding involved existing shareholders, such as Oxford Technology 4 VCT, as well as new investors including Oxford Capital Partners.

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Travelzest heads to Cuba

Captivating Cuba, a UK-based company offering holidays to the Caribbean island, has been bought by AIM-listed tour operator Travelzest for £10,000.

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NEL Power bought out of administration and all today’s headlines

Power station builder NEL Power has been bought by one of its competitors. Carron Energy acquired the company from its administrator for an undisclosed sum.

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Mirifice raises South West investment

Mirifice has secured £250,000 from YFM Group managed South West Ventures Fund (SWVF).

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IMI completes Swiss water deal

Engineering group IMI is set to complete its third acquisition in a year with the purchase of a majority stake in Swiss indoor water conditioning manufacturer Pneumatex.

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Modus makes £11.4 million investment and all today’s headlines

Today's headlines include Modus Private Equity's £11.4 million investment in Fish Administration and marketing specialist Twenty buying Ominor for some £7.9 million.

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