Abbey Vale Bakery of Devon has been bought out of administration by Averda, and the 75-strong workforce is expected to increase as Averda develops new ideas for the food-to-go market.... [more]

Silkjet, the Leicester-based manufacturer of plastic injection moulded products with 75 staff, has undergone a management buy-out following parent company Webgrove's move into administration.... [more]

Torex has acquired the laboratory, radiology, oncology, mental health and primary care operations of InHealth Solutions for £3.5m, in order to strengthen its market position for hospital IT systems.... [more]

Corus, the Anglo-Dutch steelmaker, risks being broken up if it cannot soon convince its banks that it has a viable future. The group must convince its lenders to refinance a £1.2bn syndicated loan af... [more]

AWG, the owners of Anglian Water, has come under pressure from shareholders to seek further talks with suitor WestLB or to break up the business. Management has already rejected a 510p per share propo... [more]

The Asset Management Company (AMC) of Zurich Mutual Fund, is up for sale. The Zurich group of Switzerland wants to get out of India after recording losses of nearly $2bn in its financial operations ov... [more]

Finsbury Food Group is to acquire Nicholas & Harris for up to £5m, and will transfer N&H's cake manufacture from Basingstoke to Cardiff and concentrate all speciality bread production at the N&H site ... [more]

Talbot & Muir has merged with Southall Asset Management, creating an enlarged Nottingham-based financial services group with 20 staff.... [more]

TGenus, the cattle breeding company, has acquired RAB Australia for £3.6m, and has also announced plans to sell or close its market research division.... [more]

Cordiant, the advertising and marketing group, which includes the Bates Worldwide advertising network, is to be broken up under plans being prepared by the board. The break up plan is to pare Cordian... [more]

Associated British Foods is preparing a bid for Aviagen, the world's leading chicken breeding business which has been put up for sale by its venture capital owners, BC Partners, for about £300m. The ... [more]

Altair Filter Technology, the Alton-based filter equipment supplier with 100 staff, has undergone a £24m management buy-out backed by Gresham.... [more]

Delta has acquired Webforge Group, the manufacturer of gratings for industrial flooring with 11 plants in Asia and Australia, from Pacifica Group for £19m.... [more]

Radamec Group has sold Radamec Broadcast Systems, the developer of robotic camera controls and virtual reality systems, to The Vitec Group for £4.6m.... [more]

Cosalt has acquired Sea Dog Life Saving Appliances, the supplier of marine life saving and fire protection equipment from sites in Aberdeen and Edinburgh, for £2.5m.... [more]

Team Valley Brush Company, the Tyneside-based paint brush manufacturer with 100 staff, has been acquired by Delbanco Meyer of London for undisclosed terms.... [more]

Smart & Cook has acquired Oughtred & Harrison of Yorkshire in a £20m deal, adding seven new branches to its insurance broking network.... [more]

CB Richard Ellis is planning a £259m merger with Insignia Financial to create a worldwide commercial property group with 16,000 staff, prompting speculation about the future of some of the 750 UK-base... [more]

Heatbusters, the portable air conditioning supplier, has been acquired by Rapid for undisclosed terms.... [more]

BAe Systems is to acquire Advanced Power Technologies, the US surveillance and information processing company, for about £18m.... [more]