Avingtrans is to acquire B&D Patterns, the Hinckley-based manufacturer of jet engine components with 155 staff, for up to £10m. Payment will be made in cash and shares, with a deferred consideration o... [more]

CTC Marine Projects, the Darlington-based marine trenching contractor, is to be acquired by DeepOcean ASA of Norway for £76m. The purchase price (excluding debt) consists of an initial consideration o... [more]