Acquisitions News: March 2009

Tue, 31 Mar 2009: Pontardawe Refrigeration Products has been acquired by its former managing director, securing 19 of the 35 jobs at its site in the Swansea Valley....
[more: Pontardawe Refrigeration Products has be...]

Tue, 31 Mar 2009: Eurocell Profiles has acquired Merritt Plastics, the Ilkeston-based plastic window frames recycling firm, for undisclosed terms....
[more: Eurocell Profiles has acquired Merritt P...]

Tue, 31 Mar 2009: FW Thorpe has acquired Solite Europe, the Manchester-based manufacturer of cleanroom lighting equipment for laboratories with 14 staff....
[more: FW Thorpe has acquired Solite Europe, th...]

Tue, 31 Mar 2009: Nationwide Building Society is to acquire Dunfermline Building Society, securing the future of 300 jobs at 34 branches, but further jobs could be lost...
[more: Nationwide Building Society is to acquir...]

Tue, 31 Mar 2009: Lloyds is considering selling some of its insurance businesses it inherited from HBOS. Deutsche Bank has been hired to examine its insurance operations. The Financial Institutions Group (FIG) has also been brought in to advise on which aspects of its insurance portfolio would be most suitable to be sold. There is speculation that Clerical Medical and Halifax Life, the businesses it took on as part of its takeover of HBOS, are to be lined up for a sale. The disposals would help towards the streamlining of the enlarged banking group....
[more: Lloyds is considering selling some of it...]

Thu, 26 Mar 2009: JJB Sports has sold its chain of 52 fitness clubs back to its founder, and they will be rebranded as DW Sports Fitness....
[more: JJB Sports has sold its chain of 52 fitn...]

Thu, 26 Mar 2009: Premier Oil is to buy the North Sea oil operations of Oilexco out of administration for £349m....
[more: Premier Oil is to buy the North Sea oil ...]

Thu, 26 Mar 2009: Phase CRS, the Morley-based IT services firm with 24 staff, has been acquired by Concorde Excel Holdings of Brighouse for undisclosed terms....
[more: Phase CRS, the Morley-based IT services ...]

Thu, 26 Mar 2009: Arjo Wiggins is planning to sell its carbonless paper division, which had revenue of £183m in 2008, to a management buyout....
[more: Arjo Wiggins is planning to sell its car...]

Thu, 26 Mar 2009: Genesis Communications is to acquire Thus Mobile, the Sheffield-based provider of mobile phone services with 85 staff, from Cable & Wireless for u...
[more: Genesis Communications is to acquire Thu...]

Thu, 26 Mar 2009: Skykon of Denmark is to acquire the Vestas wind turbine factory at Machrihanish, Kintyre, securing 92 jobs, and the site could be expanded with the cr...
[more: Skykon of Denmark is to acquire the Vest...]

Thu, 26 Mar 2009: Fuller Smith & Turner is to acquire six freehold London pubs from Punch Taverns for £21m....
[more: Fuller Smith & Turner is to acquire six ...]

Thu, 26 Mar 2009: The Britain-based division of Polaroid has been put into administration. Trading has ceased, and the appointed administrators at Zolfo Cooper are exam...
[more: The Britain-based division of Polaroid h...]

Thu, 26 Mar 2009: A1 GP (UK), the firm that runs Team GBR for the A1GP international motor racing tournament, has been placed into administration due to problems with cashflow. The administrators, Mercer & Hole, are currently in discussions with the series manager to ascertain who will be in charge of Team GBR's cars for its next race in Portugal. The administrators are also looking into the options for the business which is not related to the A1GP (A1 Grand Prix). No further information is currently a...
[more: A1 GP (UK), the firm that runs Team GBR ...]

Thu, 26 Mar 2009: Greencycle, a recycling collection service contractor for several UK councils, has gone into administration after operating at a loss for months. The business has stopped operating, and 220 out of 228 employees have been made redundant. The remaining eight staff are assisting the administrators at KPMG with winding the business down....
[more: Greencycle, a recycling collection servi...]

Wed, 25 Mar 2009: Nimans has acquired Rocom, the Wetherby-based telecoms equipment distributor, for £12m, creating a combined group with more than 400 staff....
[more: Nimans has acquired Rocom, the Wetherby-...]

Wed, 25 Mar 2009: Supporta is to sell its architectural and engineering consultancy operations, including Supporta Professional Services and Bay Associates Consulting, ...
[more: Supporta is to sell its architectural an...]

Wed, 25 Mar 2009: Amec is to acquire the assets and ongoing operations of Philips Engineering, the Canadian civil engineering consultancy with 70 staff, for £4.8m...
[more: Amec is to acquire the assets and ongoin...]

Tue, 24 Mar 2009: BG Group has agreed to acquire a 70% stake in Pure Energy, in a deal that values the Australian coal-bed methane producer at £497m....
[more: BG Group has agreed to acquire a 70% sta...]

Tue, 24 Mar 2009: Highland Spring has bought Speyside Glenlivet Water, the Moray-based bottled water company with 13 staff, out of administration for undisclosed terms....
[more: Highland Spring has bought Speyside Glen...]