Pumptools has acquired Strata Oil Tools, the Aberdeen-based supplier of downhole systems and tools, for undisclosed terms.... [more]

Cadbury Schweppes is to sell its European drinks division, which has 3,000 staff in 30 countries, to private equity firms Blackstone Group and Lion Capital for £1.27bn.... [more]

Aspen Clean Fuels is to merge with Shield Capital in a £14m deal, creating a new group called Aspen Clean Energy.... [more]

The Port of Dover, Port of Tyne, Port of Milford Haven and Port of Aberdeen are among as many as 50 UK cargo and passenger terminals that may be sold by the UK government. The government is working on... [more]

Blackstone Group is preparing to sell the majority of its European hotels portfolio. The US-based buyout group is believed to be nearing a sale of its Munich Marriott hotels and its London Grosvenor S... [more]

GKN has acquired QDS Henschen, the US manufacturer of wheel hubs with 110 staff, from the Lakin Manufacturing Corporation for £6m.... [more]

Vickers Pressings Tolwood Automotive has sold its Newton Aycliffe-based car parts business out of administration, securing 125 jobs, and it will now trade as Tolwood Technologies.... [more]

Finsbury Food Group is to acquire Glasgow-based cake manufacturers California Cake and Campbell's Cake for £7.4m, as well as United Central Bakeries of Edinburgh for £2.5m.... [more]

Bank Restaurant Group is to acquire five Zinc restaurants from Conran Holdings for about £4m, and is now seeking a more substantial acquisition.... [more]

Marylebone Warwick Balfour is to sell a five-star hotel on Glasgow's Argyle Street to WG Mitchell Group for £52m.... [more]

Vernalis is to acquire Cita NeuroPharmaceuticals, the Canadian neurology and central nervous system disorders specialist, for up to £37m.... [more]

Red Bee Media is to acquire Australian Caption Centre, the subtitling and video services company, for £3.2m.... [more]

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PNC Telecom is to acquire SIM4Travel, the supplier of mobile phone SIM cards to travellers, in a £2.4m reverse takeover.... [more]

ArmorGroup International has acquired Phoenix CP, the Hereford-based provider of close-protection training courses, for £4.2m.... [more]

MCG Graphics, the package printing company with 105 staff in Hull, London and Cumbria, has been acquired by Southern Graphic Systems of the US for undisclosed terms.... [more]

Shore To Shore has acquired John Hampden Packaging, the folding carton company, and Shore to Shore will transfer its own Nottingham division to the JHP site in Derbyshire.... [more]

EndX, the Oldham-based supplier of gaming management software with 35 staff, has been acquired by Progressive Gaming of the US for £15m.... [more]

Cavendish Grant is to merge with Chartwell to create a combined Bath-based financial services group with 60 staff.... [more]

Captain Birdseye and Findus are being eyed by Blackstone, one of the world's largest private-equity houses. Blackstone is aiming to build a £2bn frozen-food empire, and it has lodged its interest in b... [more]