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Carpetright buys northeastern rival

A national carpet and floorings retailer has expanded its operations in the northeast after buying a chain of carpet shops.

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Video Arts bought by Welsh producer

Television and new media production company Tinopolis has bought Video Arts, a video-based learning provider, for £2.4 million in cash.

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BakeSense rescues Oakdale sites

BakeSense, a provider of support services to bakeries, has acquired two sites in Doncaster and Wigan owned by food distributor Oakdale Bakeries, which entered administration in January.

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ECI backs CliniSys buy-out

A developer of software designed to support healthcare professionals has been bought by its chief executive. CliniSys, which specialises in laboratory information management systems, was sold to a team led by Fiona Pearson.

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Motherwell Bridge sells subsidiaries

A Lanarkshire-based engineering contractor has sold its aerospace systems and mechanical design consultancy businesses to a management buy-out team.

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Electra backs Nuaire’s management

Nuaire, a manufacturer of domestic, commercial and industrial fans, has been bought by its management for the second time in three years. The Caerphilly-based company has been sold to a team led by chief executive Alan Wright for an undisclosed sum.

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LDC backs Penn buy-out from Gresham

A company that helps pharmaceutical and biotech firms bring new products to market has been bought by its management team.

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Mine removal firm joins PLUS

Mine removal and demilitarisation specialist Applied Engineering Products Holdings (AEPH) has listed on PLUS Markets. The company placed more than 1 million shares at 0.01p each and is expected to list about 58.4 million further shares in the next 60 days.

News

LDC backs Penn buy-out from Gresham

A company that helps pharmaceutical and biotech firms bring new products to market has been bought by its management team.

News

Mine removal firm joins PLUS

Mine removal and demilitarisation specialist Applied Engineering Products Holdings (AEPH) has listed on PLUS Markets. The company placed more than 1 million shares at 0.01p each and is expected to list about 58.4 million further shares in the next 60 days.

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When greed gets in the way

Exiting a business can do strange things to business owners as the prospect of unprecedented riches comes close to reality. ‘The greed is phenomenal,' says Mark Duffin, a director at global services provider Rentokil Initial.

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Bifold in £35 million buy-out

Bifold Fluid Power, a manufacturer of control valves and hydraulic pumps for the oil and gas industry, has undergone a £35 million secondary buy-out.

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Dechra buys Leeds business

Dechra Pharmaceuticals, a veterinary products and services business, has expanded its operations by acquiring Leeds Veterinary Laboratories (LVL) for £750,000.

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Recycling plant wins £12 million funding

Closed Loop London, which aims to run the UK's first waste plastic processing plant, has raised £12 million in a debt and equity deal.

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