Talbot Hughes McKillop’s Kroll MBO

The partners of London-based Talbot Hughes McKillop LLP have announced the completion of an MBO of the UK-based restructuring business of Kroll Talbot Hughes from Kroll.

The buy-out involves the London-based team and the business will revert back to its original name, Talbot Hughes McKillop. The terms of the deal were undisclosed.

Other Done Deals

  • Wincanton, a European supply chain provider, has agreed to merge its chilled consolidation activities in the UK with Culina Logistics, a provider of chilled logistics services to the food and drink industry, which has nine distribution centres across the UK. The terms of the deal were undisclosed.
  • Amino Technologies, a Cambridge-based broadband network software and systems group, has signed a sales and purchase agreement for the acquisition of Sweden-based Tilgin AB’s IPTV set-top box division for an initial consideration of SEK30 million (£2.5 million) in cash.
  • Terex Corp, a US maker of capital equipment for construction and infrastructure development, has acquired Fantuzzi Group, a Luxembourg/Italian maker of container-handling equipment, for undisclosed terms.
  • Cheshire-based Delamere Dairy has secured £3.5 million from GE Commercial Finance’s Business Finance unit to help strengthen its European offering.
  • Indian Packaging firm Ess Dee Aluminium has acquired a majority stake in ailing India Foils, a Vedanta Group firm, for an undisclosed sum.

Deals in the pipeline

  • British private equity fund BC Funds, managed by CIE Management II and active across Europe, will acquire Germany’s Starkstrom Geratebau, a manufacturer of electrical power transformers. The terms of the deal were undisclosed.
  • Ardeshir Naghshineh, an Iranian developer with a 10 per cent stake in Woolworths, has announced his opposition to retail restructuring chain Hilco’s £1 offer for the 800-store retail division and the group’s debt.
  • IBM plans to acquire Transitive Corporation, a private technology company headquartered in Los Gatos, California, with a research and development team in Manchester, UK. The financial terms were not disclosed.
  • Britain’s Business Post has announced that it would be “open” to consolidating the delivery industry if its smaller rivals struggle in the downturn.
  • German solar energy company SolarWorld has made an offer to General Motors for its German unit Adam Opel.

Oli Haill

Oliver Haill

Oliver worked for Vitesse Media, the original publisher of GrowthBusiness, from 2003 to 2010, as a writer, editor, and Head of Research for the editorial team.

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