Acquisitions News: 2003

Wed, 26 Nov 2003: Flamgard Engineering of Pontypool has undergone a management buy-out, securing the future of 21 jobs....
[more: Flamgard Engineering of Pontypool has un...]

Wed, 26 Nov 2003: Pipeway,the Sussex-based utility contractor with 450 staff, has undergone a management buy-out from Bouygues....
[more: Pipeway,the Sussex-based utility contrac...]

Tue, 25 Nov 2003: Troubled gaming group Wembley has received a number of bid approaches which could lead to it being broken up.The company, which no longer owns the epo...
[more: Troubled gaming group Wembley has receiv...]

Tue, 25 Nov 2003: The owners of MG Rover have said they would be willing to use the company's property assets to shore up the car business if it fell into financia...
[more: The owners of MG Rover have said they wo...]

Tue, 25 Nov 2003: CVC Capital Partners, the private equity group, is close to appointing bankers to advise on a possible sale, merger or flotation of Halfords, the car parts and bicycle retailer. The company is understood to have spoken to a number of advisers, including Deutsche Bank and Merrill Lynch. The decision will take the retail sector by surprise as it comes just 16 months after the private equity group acquired the firm from Boots for £...
[more: CVC Capital Partners, the private equity...]

Tue, 25 Nov 2003: Having survived a difficult 12 months in the media spotlight, National Grid's immediate task is to get a good price for its eight regional gas ne...
[more: Having survived a difficult 12 months in...]

Tue, 25 Nov 2003: Nedcor, the South African bank, is planning to sell Chiswell Associates, the London-based fund manager that specialises in charities, following a str...
[more: Nedcor, the South African bank, is plann...]

Tue, 25 Nov 2003: Misys has sold its UK-based back office software products business to a management buy-out backed by Primary Capital, and the new company will have 15...
[more: Misys has sold its UK-based back office ...]

Tue, 25 Nov 2003: CeNes Pharmaceuticals has acquired TheraSci, the developer of drugs for the central nervous system, for up to £3.7m....
[more: CeNes Pharmaceuticals has acquired Thera...]

Tue, 25 Nov 2003: Brady Corporation of the US has acquired BIG, the Ipswich-based online business card provider with annual sales of £5m, for undisclosed terms....
[more: Brady Corporation of the US has acquired...]

Tue, 25 Nov 2003: Securistyle, the Cheltenham-based manufacturer of window hinges and other hardware with 334 staff, has undergone a £35m management buy-out backe...
[more: Securistyle, the Cheltenham-based manufa...]

Tue, 25 Nov 2003: Le Meridien's international hotel business has been put up for sale following a breakdown in restructuring talks between Lehman Brothers, one of ...
[more: Le Meridien's international hotel busine...]

Tue, 25 Nov 2003: Citigroup has emerged as a third bidder for Koram Bank, the South Korean lender being sold by the private equity group Carlyle and JP Morgan. People c...
[more: Citigroup has emerged as a third bidder ...]

Mon, 24 Nov 2003: Norwich & Peterborough Insurance Brokers has acquired TS Reeder & Sons, the Cromer-based general insurance firm....
[more: Norwich & Peterborough Insurance Brokers...]

Mon, 24 Nov 2003: Duke Street Capital has acquired Accantia, the Birmingham-based toiletries manufacturer, from ABN Amro Capital for £225m....
[more: Duke Street Capital has acquired Accanti...]

Mon, 24 Nov 2003: East Surrey Holdings is to acquire full ownership of Phoenix Natural Gas, the Belfast-based gas distributor, for £178m....
[more: East Surrey Holdings is to acquire full ...]

Mon, 24 Nov 2003: Avon Rubber has sold Avon Spencer Moulton, the French manufacturer of rubber tracks for construction equipment, to Nova Participations for £3.2m...
[more: Avon Rubber has sold Avon Spencer Moulto...]

Mon, 24 Nov 2003: J&J Haslett, the Northern Ireland-based wholesaler with 470 staff, is to undergo a management buy-out from BWG....
[more: J&J Haslett, the Northern Ireland-based ...]

Mon, 24 Nov 2003: GVA Grimley has acquired Second London Wall, the London-based project management firm with 20 staff, for undisclosed terms....
[more: GVA Grimley has acquired Second London W...]

Mon, 24 Nov 2003: Sovereign Capital has acquired DC leisure Management, the operator of more than 100 local authority leisure centres with 6800 staff, for £14m....
[more: Sovereign Capital has acquired DC leisur...]