Accenture has agreed to purchase a 62% stake in the German digital marketing and advertising agency SinnerSchrader AG. Accenture will use the acquisition to strengthen the customer experience capabilities of Accenture Interactive in Germany, with current SinnerSchrader CEO Matthias Schrader coming to head the digital agency in Germany, Austria and Switzerland. Accenture has also announced that it will bid for the remaining 38% of shares not covered in this deal.
Mat manufacturer Kleen-Tex Industries has announced that it has added The Turtle Mat Company to its portfolio of businesses. Turtle Mat is a leading brand for residential doormats in the UK, supplying to over 300 trade customers including retail giants John Lewis, Countrywide and Lakeland.
Private equity firm Livingbridge has acquired Stowe Family Law, the UK’s largest family law firm. SFL currently owns 10 offices nationwide and plans to use capital from Livingbridge to open up to 30 more offices in the next 5 years, as well as invest in the company’s IT infrastructure and management. Stowe Family Law was founded by Marilyn Stowe, one of the country’s leading divorce lawyers who is known for her work in uncovering the medical evidence that freed Sally Clark, the mother of two wrongly accused of murdering her sons in 1999.
OBG Pharmaceuticals has acquired Richard Baker Harrison, a distributor of functional mineral fillers and additives. RBH will be incorporated into OBG’s Plastics Division and will sit alongside Hubron Speciality Limited, a subsidiary of OBG that supplies functional additives and speciality modifiers to the wider polymers sector.
Marketing consultancy The Wrapped Agency has acquired Space Creative for an undisclosed sum. Both firms are based in York, although Wrapped’s 15 strong team also uses an office in London and has plans to establish another in Leeds. The acquisition will allow Wrapped to offer a more complete suite of brand, digital and PR services.
Kohler Power, a leading manufacturer of power generation systems and engines, has acquired Clarke Energy. Clarke Energy specialises in the engineering, construction, installation and maintenance of engine-based power plants, and is the largest authorised distributor and service provider for GE’s reciprocating engines. Clarke Energy’s offering covers both diesel-fuelled and gas-fuelled technology; the latter is widely considered a clean power source and is a new addition to Kohler’s product portfolio. Based in Liverpool, Clarke Energy employs more than 1,100 people and operates in 20 countries worldwide.
Keywords Studios has acquired the Hackney-based animator Spov for a cash consideration of up to £1.2m. Spov is a creative development, cinematics, UI, visual effects and motion graphics services provider that has produced footage for titles such as Mission Impossible: Rogue Nation, Call of Duty: Advanced Warfare and Marvel’s Doctor Strange. The studio will be incorporated into Keywords’ Art Services division.
Nasdaq-listed food company The Hain Celestial Group has agreed to acquire the premium soup maker Yorkshire Provender. Hain Celestial is the company behind food brands such as Ella’s Kitchen, New Covent Garden Soup and Linda McCartney. Yorkshire Provender took in approximately £6m in net sales in 2016.
Blackstone has acquired a majority stake in Cloudreach, a cloud enabler and operations business that caters to mid-market and large enterprises. With offices in seven countries across Europe and North America, Cloudreach’s clients have included some of the world’s largest companies, such as BP, Pearson and Hearst.
The Italian company Safo Group has acquired a 75% stake in TR Fleet, a fleet management and software provider. The deal revolves around TR Fleet’s DriveSecure software package, which Safo hopes to develop and market to mainland Europe.