Sagem acquires Gigaset assets

French broadband products developer Sagem Communications has acquired the broadband and WiMAX business of Gigaset Communications, a subsidiary of Arques Industries and Siemens.

Other Done Deals

  • Wine warehouse chain Majestic Wine Plc has acquired fine wine specialist and family-run business Law & Wheeler for up to £6 million.
  • Braemar, the AIM-quoted real estate fund, has acquired Manchester Ground Rent Company for £410,000, including the assumption of debt.
  • Circor International has acquired French aerospace company Bodet Aero for an undisclosed sum.
  • Private equity firm Blackstreet Capital Partners has acquired the assets of medical devices distributor Professional Appearances, and renamed the company Scrubs AC. The details of the deal were not disclosed.
  • Insurance and wealth management business RK Shipman has acquired Bovey Tracey-based C&M Financial Services (C&MFS) for an undisclosed sum.
  • Energy company Drax Group Plc has acquired Haven Power, an electricity supply business, from Welsh Power for £10.75 million.
  • Genesis Communications has acquired Increase CRM – the customer relationship management arm of Surrey-based software company Increase for an undisclosed sum.  

Deals in the Pipeline

  • French company Mangas Gaming has agreed to acquire from founders Franz Omer and Jochen Dickinger for an undisclosed sum.
  • Triumph Group, a US aircraft manufacturer, has agreed to acquire the Essex and Germany-based aviation business of Kongsberg Automotive for £18 million.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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