Saltire the distributor of electronic components is to undergo a £25m management buy-out... [more]

Smith & Nephew is to sell a majority stake in its medical bracing business to Chase Capital Partners for £124m and the proceeds will be used to expand its core orthopaedic wound management and endosco... [more]

Lex Service is to acquire RAC Motoring Services for £437m and will use the RAC brand on its Autocentre servicing outlets and its Autosales used car chain... [more]

Marconi Communications has acquired Tetrel the Llantrisant-based payphones manufacturer for undisclosed terms and has promised to invest in the company to expand international sales... [more]

Glynwed is to sell most of its metals-processing business to Tyco International for £145m and the proceeds will be used to acquire pipe distribution and commercial kitchen equipment companies... [more]

Williams has acquired FPD Guardforce the Hong Kong security and fire protection business for £75m... [more]

Ashtead the industrial hire company has acquired UK Plant for £20m... [more]

Brownhills Garage the Newark-based motorhomes dealer has been acquired by a management team for £15m and is now seeking to grow both organically and by acquisition... [more]

Pemberstone the residential property company is to undergo a £32m management buyout... [more]

Wilmslow Group is acquiring Media Content the sports media advisory concern in a £10m reverse takeover... [more]

Karrimor the outdoor clothing firm has been bought by South African leisure group Cullinan Holdings for £9m and production at the Clayton-le-Moors site is expected to close with the loss of 80 jobs... [more]

First Technology is acquiring Control Devices the US supplier of circuit breakers and sensors to the motor industry for £89m... [more]

Pearson is selling the Extel name and financial research business to Primark of the US for £19m... [more]

CMG has acquired Partner Consult the German systems consultancy for £8.2m as part of its strategy to expand across Europe... [more]

Thornton Precision Components and seven other engineering companies have been acquired by a management buyout with the backing of 3i from National Industries of Kuwait for £154m and the new company wi... [more]

Nomura has dropped plans to float its William Hill betting business in favour of a trade sale to the venture capital groups CVC and Cinven for £825m... [more]

Corby Windows has bought Janus Windows of the West Midlands out of receivership and the 48 workers will be re-employed to make windows and doors... [more]

Granada Food Services has acquired Summit Catering the contract catering company for £6.5m... [more]

Shorterm Group the engineering contract employment agency is being acquired for £17m by a group of institutions led by 3i and the business will be expanded nationally... [more]

Macfarlane Group has acquired Orion Flexo the Malvern-based packaging company for £1.6m as part of a strategy to provide a complete range of products in the industrial film sector... [more]