Acquisitions News | may | 2002

Fri, 31 May 2002: Cable & Wireless has won approval from the Guernsey parliament to acquire Guernsey Telecom for £30m, and will invest £5m in the island...
[more: Cable & Wireless has won approval from t...]

Fri, 31 May 2002: Provident Financial has sold its Colonade Insurance Brokers subsidiary, which includes 88 high street outlets, to Swinton Group for £27m....
[more: Provident Financial has sold its Colonad...]

Fri, 31 May 2002: Pressac is to sell 51% of its Interconnect wiring and circuit board business to management for £4.6m....
[more: Pressac is to sell 51% of its Interconne...]

Fri, 31 May 2002: Evolution has agreed to merge with Beeson Gregory in a £92m reverse takeover, creating one of the largest independent retail stockbroking groups...
[more: Evolution has agreed to merge with Beeso...]

Thu, 30 May 2002: Country & Metropolitan is to undergo a £15m reverse takeover by an unnamed private house builder....
[more: ]

Thu, 30 May 2002: Metnor has acquired Keynor, the Newcastle-based commercial and leisure contractor with 60 staff, for undisclosed terms....
[more: Metnor has acquired Keynor, the Newcastl...]

Thu, 30 May 2002: De La Rue has acquired an 85% stake in Sequoia, the US supplier of voting equipment, from Jefferson Smurfit for £24m....
[more: De La Rue has acquired an 85% stake in S...]

Thu, 30 May 2002: Hanson is to acquire Choctaw, the US concrete pipes company, from Amatek for £92m....
[more: Hanson is to acquire Choctaw, the US con...]

Thu, 30 May 2002: Cleanright Environmental Services has been bought out of receivership by the DBI Group, securing the future of 150 jobs....
[more: Cleanright Environmental Services has be...]

Thu, 30 May 2002: Joloda International has bought the assets of Transpotech, the Anglesey- based pneumatic roller systems manufacturer, out of receivership, saving abou...
[more: Joloda International has bought the asse...]

Thu, 30 May 2002: JV Group has merged with Howells Group to create JVH Group, a combined Bridgend-based facilities management and business outsourcing group with 235 st...
[more: JV Group has merged with Howells Group t...]

Thu, 30 May 2002: IFG Group has acquired Trade Credit Brokers, the Irish independent credit insurance brokerage, for an initial £1m....
[more: IFG Group has acquired Trade Credit Brok...]

Wed, 29 May 2002: Kewill Systems is selling its enterprise resource planning software business to Exact of the Netherlands for £13m, and the proceeds will be used...
[more: Kewill Systems is selling its enterprise...]

Wed, 29 May 2002: Tornado is to acquire Virtue Broadcasting, the provider of online broadcasting services, for £5m, and will change its name to Tornado Virtue....
[more: Tornado is to acquire Virtue Broadcastin...]

Wed, 29 May 2002: Glen Dimplex has acquired two distributors of electrical equipment - Brownbrook of Craigavon and Dimco of Dublin, which together employ around 100 peo...
[more: Glen Dimplex has acquired two distributo...]

Wed, 29 May 2002: Solid State Supplies has acquired Steatite, the distributor of electronic components, for £1.4m....
[more: Solid State Supplies has acquired Steati...]

Wed, 29 May 2002: Springwood has acquired Victorian Leisure, the Barnsley-based nightclub operator, for £3.2m....
[more: Springwood has acquired Victorian Leisur...]

Wed, 29 May 2002: Tribal Group has acquired Nightingale, the healthcare architectural practice with offices in Oxford, London and Brighton and more than 100 staff, for ...
[more: Tribal Group has acquired Nightingale, t...]

Wed, 29 May 2002: European Telecom has been bought out of receivership, with the UK distribution business going to Global Telecoms Distribution and the phone repair bus...
[more: European Telecom has been bought out of ...]

Tue, 28 May 2002: Golden Wonder, the snacks manufacturer, is being sold by Bridgepoint Capital to The Snack Factory of Skelmersdale for undisclosed terms,while the Wots...
[more: Golden Wonder, the snacks manufacturer, ...]

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Acquisitions News: May 2002

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