Acquisitions News: June 2009

Tue, 30 Jun 2009: Local Radio Company has sold Arrow FM of Hastings and Sovereign Radio of Eastbourne to Media Sound Holdings for £0.1m....
[more: Local Radio Company has sold Arrow FM of...]

Tue, 30 Jun 2009: Watson Wyatt is to merge with Towers Perrin to create the world's largest benefits consultancy with 14,000 staff, including almost 3,000 in the U...
[more: Watson Wyatt is to merge with Towers Per...]

Tue, 30 Jun 2009: 92 jobs have been lost after plumbing and electrical contractor Simpson & Gregg went into administration recen...
[more: 92 jobs have been lost after plumbing an...]

Tue, 30 Jun 2009: Leonard Curtis has been called into Fonehouse Holdings, a division to Retailer Fonehouse, in order to shake off four of the shop leases, which would allow it to focus on its franchise under a new subsidiary....
[more: Leonard Curtis has been called into Fone...]

Mon, 29 Jun 2009: The Croydon-based Addington Palace Hotel is in fixed charge receivership amidst concerns it could not keep up with payments to creditors. The Hanley Economic Building Society, with which it has a mortgage, appointed a receiver from Begbies Traynor to the hotel. Hanley also submitted a winding up petition in March....
[more: The Croydon-based Addington Palace Hotel...]

Mon, 29 Jun 2009: The former City head offices of Midland bank has been placed on the market by administrators Grant Thornton. The vaults of the bank featured in the 19...
[more: The former City head offices of Midland ...]

Thu, 25 Jun 2009: Busy Bees, the Lichfield-based chain of 131 children's nurseries, has been acquired by Knowledge Universe Education of Singapore for undisclosed ...
[more: Busy Bees, the Lichfield-based chain of ...]

Thu, 25 Jun 2009: Hemcore has been bought out of administration by Lime Technology for undisclosed terms, securing ten jobs at its Halesworth-based hemp processing fact...
[more: Hemcore has been bought out of administr...]

Thu, 25 Jun 2009: McCambridge Group has sold five bakeries in Oxford, Thatcham, Newton Abbot, Plympton and Ilkeston to D&G Foods for undisclosed terms....
[more: McCambridge Group has sold five bakeries...]

Thu, 25 Jun 2009: Clinton Cards has bought 196 Birthdays greetings card stores out of administration for £3.5m, securing the future of 1,450 jobs, but the remaini...
[more: Clinton Cards has bought 196 Birthdays g...]

Wed, 24 Jun 2009: Gregory Distribution has acquired Kay Transport for undisclosed terms, with the transfer of 140 staff at depots in Plymouth, Newton Abbot and Gloucest...
[more: Gregory Distribution has acquired Kay Tr...]

Wed, 24 Jun 2009: Lufthansa is to increase its stake in BMI, the UK-based airline with 4,500 staff, to 80%, in a deal worth £223m....
[more: Lufthansa is to increase its stake in BM...]

Wed, 24 Jun 2009: Telford Homes is to acquire Clifford Contracting, the supplier of contracting services to residential developers, from Puma Venture Capital for £...
[more: Telford Homes is to acquire Clifford Con...]

Tue, 23 Jun 2009: Team Precision Pipework has been sold out of administration by James Cowper Insolvency Services to a group of Oxford-based investors, securing 90 jobs...
[more: Team Precision Pipework has been sold ou...]

Tue, 23 Jun 2009: Ask4 has bought W2, the Sheffield-based broadband and IT services firm, out of administration....
[more: Ask4 has bought W2, the Sheffield-based ...]

Tue, 23 Jun 2009: Aviva is to sell its Australian insurance and pension operations to National Australia Bank for £452m, in order to fund acquisitions in India an...
[more: Aviva is to sell its Australian insuranc...]

Tue, 23 Jun 2009: Segro has agreed to acquire Brixton, the industrial property firm, in a £107m deal....
[more: Segro has agreed to acquire Brixton, the...]

Tue, 23 Jun 2009: TEG Group has acquired Banham Compost, the Norfolk-based commercial composting firm, for £3.1m....
[more: TEG Group has acquired Banham Compost, t...]

Tue, 23 Jun 2009: London Welsh Rugby Football Club has been placed into administration as it is running out of funds. The club's Chairman Kelvin Byron has announce...
[more: London Welsh Rugby Football Club has bee...]

Mon, 22 Jun 2009: Birmingham-based healthcare firm, Binding Site is near a sale of its auto-immune business. The division, which develops tests for problems including c...
[more: Birmingham-based healthcare firm, Bindin...]