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Electric Business

A brief summary of business news to keep you informed on company start-ups, corporate downsizing and mergers and acquisitions. Electric Marketing provides this service as free to access here, or it can be emailed to you monthly. Just Sign Up

Wed, 26/08/2020
Albyn Medical, a Spanish medical products manufacturer, has been taken over by Creo Medical. Albyn specialises in gastroenterology, urology and endoscopy products. The £22m deal enables Creo to enter the urology market.
Wed, 26/08/2020
Scott Group has increased its pallet capacity with the acquisition of Direct Pallets. Established in 1997 and based in Bedfordshire, Direct Pallets supplies around 30,000 reconditioned pallets per week.
Wed, 26/08/2020
Commercial Maintenance Services has acquired Radisoft, a developer of ‘internet-of-things’ technology for heating systems.
Wed, 26/08/2020
Arden Software, a developer of packaging design software, has acquired the American software company Cimex. Established in 1987, Cimex’s products are used in the print, packaging and die-making sectors.
Wed, 26/08/2020
The fuel management, data and audit company TMC has bought Vertivia. The deal strengthens TMC’s position as a market leader in the fuel data management sector.
Wed, 26/08/2020
The kitchen suppliers Rixonway Kitchens and Magnet Contract Kitchen Solutions are to operate under one brand, Magnet CKS, following the announcement they are merging.
Wed, 26/08/2020
The digital group Inc & Co has acquired Wood for Trees, a data specialist which helps charities raise money.
Wed, 26/08/2020
CJN Insurance Services has been acquired by The County Group, the insurance broker owned by GRP Group.
Wed, 26/08/2020
Assets relating to the fitness and gym business of Dave Whelan Sports have been bought by Frasers Group, the retail group formerly known as Sports Direct, for £37m. The deal excludes the DW business names and IP. The gym and fitness assets acquired will be integrated into the group’s existing Everlast brand.
Wed, 26/08/2020
Babble, the private-equity owned cloud communications specialist, has acquired Corporate Management Telecom (CMT). Established in 1998, CMT specialises in business telephony and cloud-based services.