The cybersecurity company Nebulas has been acquired by SecureLink Group, a market leader in the Benelux and Nordics markets.
The independent coffee roaster Matthew Algie has been taken over by the German coffee company Tchibo, which plans to expand its own operations in the UK and Ireland. Tchibo moved forward with the deal claiming to have a high regard for Matthew Algie’s “ethical trading” approach, its training operations and technical customer support, and the Espresso Warehouse brand, which Tchibo believes it can grow and develop across Europe.
Lookers has expanded its dealership network with the acquisition of Mercedes-Benz retailer Drayton Group. The £55.4m deal includes seven dealerships, which takes the number controlled by Lookers across the UK to 160. Lookers sold its parts division last month and has immediately reinvested the money in strengthening its motor division. Lookers and Mercedes-Benz are hoping the motor car manufacturer’s share of the UK market will continue to increase in 2017, with launches planned including the 2017 Mercedes-AMG GLC43, Mercedes-AMG GT R and 2017 CLA.
Cofunds, one of the UK’s largest independent investment platforms, has been acquired by Aegon. The £140m deal includes ownership of the Legal & General branded Investor Portfolio Service platform and enables Aegon to upgrade its platform technology.
James Fisher and Sons has acquired Hughes Sub Surface Engineering. The deal enables James Fisher to offer a comprehensive portfolio of subsea services to the oil and gas, marine renewables, power generation and marine civil engineering sectors.
Ministry of Sound Recordings has been bought by Sony Music Entertainment. The deal includes Ministry of Sound Recordings’ artists (including London Grammar, DJ Fresh and Sigala), back catalogue and compilations business.
The data marketing services company Ingenium IDS has been acquired by BiP Solutions.
The motor car dealer Lookers has agreed to sell its parts business to Alliance Automotive. The £120m deal gives Alliance ownership of a distributor of automotive parts which includes brands such as BTN Turbo, FPS and Apec Braking. Lookers is to use the money generated to make acquisitions which add to the group’s motor division.
Fleet Hire, a provider of contract hire, short-term rental and fleet management services, has been taken over by the Australian company SG Fleet Group for £26m.
Motor Fuel Group has expanded its operations with the acquisition of the forecourt operators Synergie Holdings and Roadside Group. Synergie operates a network of 19 forecourts across the North West of England. Roadside runs ten forecourts across the North East of England, with a flagship site at Newcastle Airport. The deals bring the total number of stations managed by Motor Fuel Group in the UK to 405.