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Acquisitions News: April 2003

Wed, 02 Apr 2003: Wilson Bowden is to acquire the homes division of Henry Boot for £48m, gaining access to 1,800 plots of land....
[more: Wilson Bowden is to acquire the homes di...]
Wed, 02 Apr 2003: Hawtin is to sell Ultrabronz America, its US-based sunbed distribution business, to a former managing director for £0.6m....
[more: Hawtin is to sell Ultrabronz America, it...]
Wed, 02 Apr 2003: ReNeuron, the biotechnology company, has agreed terms for a £3.6m management buy-out backed by private equity vehicle St James's....
[more: ReNeuron, the biotechnology company, has...]
Wed, 02 Apr 2003: BAA has sold its stakes in designer outlets in York, Ashford, Mansfield and Livingston to Mayfair Limited Partnership for £165m....
[more: BAA has sold its stakes in designer outl...]
Wed, 02 Apr 2003: Modern Tyre Group has announced the acquisition of the nine Motorway Tyres' depots in Northern Ireland....
[more: Modern Tyre Group has announced the acqu...]
Wed, 02 Apr 2003: Hitachi Credit has acquired part of the business of SVM for £12m, in order to expand its Fleetlease contract hire and fleet management division....
[more: Hitachi Credit has acquired part of the ...]
Wed, 02 Apr 2003: HR Owen has acquired the Heathrow BMW dealership in west London for £4.6m....
[more: HR Owen has acquired the Heathrow BMW de...]
Wed, 02 Apr 2003: Sparrows Offshore International, the Aberdeen-based provider of crane service to the oil industry, has been acquired by LMS Capital for £26m....
[more: Sparrows Offshore International, the Abe...]
Wed, 02 Apr 2003: Ryland has sold its Mercedes-Benz van operations in Stockton-on-Tees and Spennymoor to Bell Truck Sales for £0.6m....
[more: Ryland has sold its Mercedes-Benz van op...]
Wed, 02 Apr 2003: FKI, the engineering group, said that it would cut its final dividend. The move came after FKI was struggling with at least £440m of debt. The...
[more: FKI, the engineering group, said that it...]
Wed, 02 Apr 2003: WS Atkins, the support services group, is expected to pull out of a flagship £200m education services contract in Southwark. Some analysts have...
[more: WS Atkins, the support services group, i...]
Wed, 02 Apr 2003: Sherwood Group, the lace designer and manufacturer has proposed its first dividend since 1999. After 5 years of decline, sales are picking up again. ...
[more: Sherwood Group, the lace designer and ma...]
Tue, 01 Apr 2003: XL Timbalex, the manufacturer of plastic car components, has been bought out of administration by management, but 123 jobs will be lost at the Biceste...
[more: XL Timbalex, the manufacturer of plastic...]
Tue, 01 Apr 2003: British Vita has acquired Synco, the Italian colour and additive masterbatch producer, from Cognis for £1.3m....
[more: British Vita has acquired Synco, the Ita...]
Tue, 01 Apr 2003: Henry Boot, the Sheffield-based contractor and housebuilder, is to announce the sale of its housebuilding arm. Wilson Bowden, the housebuilder and co...
[more: Henry Boot, the Sheffield-based contract...]
Tue, 01 Apr 2003: Shares in SSL International have dropped to a 12 year low as the maker of Scholl footcare products and Durex condoms reported flagging sales, adding t...
[more: Shares in SSL International have dropped...]
Tue, 01 Apr 2003: Royal Sun Alliance has promised to cut by a third its underperforming UK personal lines business, such as motor and household by a combination of clos...
[more: Royal Sun Alliance has promised to cut b...]
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