News

Kitwave acquires Alpine Fine Foods

Mon, 18 Nov 2019 | BUSINESS SALE
Independent wholesaler Kitwave has acquired Alpine Fine Foods Ltd. for an undisclosed sum, in a deal that sees it continue its expansion. Alpine Fine Foods has a turnover of around £13 million and specialises in the supply... continue reading

Carpetright agrees to shareholder takeover deal

Fri, 15 Nov 2019 | BUSINESS SALE
Carpetright has agreed a deal to be taken over by its largest shareholder, Meditor Fund. The deal values Carpetright’s issued share capital at £15.2 million and sees the company be acquired by Meditor Holdings, a newly... continue reading

Scale manufacturer taken over in MBO

Thu, 14 Nov 2019 | MBO/MBI
Weighing scale manufacturer Marsden Weighing Group has been taken over in an MBO. The buyout team was headed by managing director Richard Black and was also backed by private equity firm Alcuin Capital Partners. Law firm EMW pro... continue reading

Brighton energy firm appoints administrators

Wed, 13 Nov 2019 | ADMINISTRATION
Brighton-based utilities company Toto Energy has gone into administration, appointing KPMG. Toto’s 134,000 customers have automatically been transferred to EDF Energy by Ofgem. EDF will now work to ensure that all of the ... continue reading

MBO at Gloucestershire bricklayers

Tue, 12 Nov 2019 | MBO/MBI
Gloucestershire building services firm Cavendish Park Bricklayers has been taken over in an MBO. The company, based in Drybrook, has been acquired by Cavendish Park Holdings, a newly incorporated venture controlled by its manageme... continue reading

Successful MBO at Homefair Blinds

Thu, 07 Nov 2019 | MBO/MBI
Homefair Blinds has been acquired in an MBO led by a trio of directors. Steve Ellithron, Claire Ripley and Shaun Welsh have successfully acquired the company, which is headquartered in Seaham, County Durham and Manchester, from re... continue reading

SKS completes four acquisitions

Wed, 06 Nov 2019 | BUSINESS SALE
SKS Business Services has announced the acquisition of four companies, with the help of a £10 million financing from Shard Credit Partners. SKS is a firm of chartered-accountants that provides accounting, bookkeeping, tax,... continue reading

Mothercare to appoint administrators

Tue, 05 Nov 2019 | ADMINISTRATION
Baby products retailer Mothercare has announced that it will file notices of intent to appoint administrators to its UK retail arm. The notices, relating to Mothercare UK Ltd and Mothercare Business Services Ltd, are said to for... continue reading

YFM back MBO of music retailer

Fri, 01 Nov 2019 | MBO/MBI
YFM Equity Partners has funded the MBO of UK music retailer Professional Music Technology (PMT). PMT is one of the UK’s leading retailers of music instruments and professional audio products. The MBO has been led by David ... continue reading

Fiat and Groupe PSA plan to join forces

Thu, 31 Oct 2019 | MERGER
Fiat Chrysler Automobile (FCA) and Groupe PSA have confirmed plans to pursue a merger, creating a business that would have a combined revenue of nearly €170 billion. Announcing the plans, the two groups said the merger foll... continue reading

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Iconic tea brand Typhoo Tea has crashed into administration ...

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