Fairfields Farm Crisps buys successful exporter Ten Acre

Fairfields Farm Crisps has agreed to buy UK brand Ten Acre Crisps from Yumsh Snacks. Based in Colchester, Ten Acre houses a number of small premium brands focused on high quality and ‘free-from’ attributes. The company has had particular success exporting its products, which now have a presence in around 40 markets. Fairfields has created a range of snacks that include kettle chips, vegetable crisps and ‘Heat & Eat’, a new microwaveable potato chips and dip product.

Veritas Petroleum Services (VPS) has announced the acquisition of Manchester’s Transoil Laboratory for an undisclosed sum. The deal adds transformer and insulating oils to VPS’s fuels and lubricants portfolio, allowing it to to extend its testing and advisory service offering into power industries.

Diversified Communications has acquired Tent Exhibitions, the organiser of the London Design Fair, Tent London and Super Brands London events. The most recent London Design Fair attracted around 500 exhibitors and a total audience of 28,000. Diversified Communications is a trade event organiser and publisher with bases in Brighton, Peterborough and Nailsworth.

Transport data software provider Tracsis has announced a double acquisition of Travel Compensation Services (TCS) and its holding company S Dalby Consulting, and Delay Repay Sniper (DRS). TCS is a software provider of enterprise delay repay solutions to the UK rail industry. DRS is a consumer facing web portal that enables rail passengers to quickly and easily submit valid claims under the delay repay scheme. These acquisitions are highly complementary to Tracsis’ existing rail offering as the industry seeks to supplant manual delay repay methods that have led to slow response times, incorrect refunds and a material exposure to consumer fraud. The directors of Tracsis believe this market is set for significant growth in the coming years.

A £60m deal sees Aimia sell its Nectar loyalty program and related assets to Sainsbury’s. The acquisition enables the supermarket chain to continue its long term strategy of “knowing its customers better than anyone else”.

LSL Property Services has bought Personal Touch Financial Services (PTFS) and Personal Touch Administration Services (PTAS) from Personal Touch Holdings. PTFS is a financial services business specialising in the provision of mortgage and other financial services products via a network of intermediaries. The companies have cost £4.8m plus an acquired intercompany debt of £0.6m.

German company TAKKT has acquired Equip4Work, a Dumfries-headquartered etailer of office furniture and business equipment. Under its brands Equip4Work and OfficeFurnitureOnline, the company generated sales of just under £40m in the 2016-17 financial year. The acquisition has been agreed for £35m with a further £10m payable on the condition of meeting certain targets by 2021. TAKKT is a b2b direct marketing specialist in business equipment in Europe and North America.

Neoss, a designer, producer and supplier of dental implants based in Harrogate, has acquired Swedish business Arc Solutions. Arc Solutions is an industrial manufacturer of customised small components for metal and medical products. Leveraging Arc’s expertise in computer aided design (CAD), the deal signals the company’s plans for expansion in digital dentistry.

DW3 Products, a manufacturer of high quality door and window products, has been sold by NorthEdge Capital to US business Masonite International. The £70m sale represents a 3.5x return for NorthEdge, which acquired DW3 in October 2014. In this time the company has expanded its facilities in Stoke and Gloucester and made three acquisitions. DW3’s brands include Solidor, Residor, Nicedor, and Residence. The company recorded net sales of around £45m in 2017.

Markerstudy has agreed to sell its Gibraltar-based insurance businesses to Qatar Insurance Company. Markerstudy, Zenith, St Julians and Ultimate Insurance will all join, seeing the transfer of annual premiums totaling approximately £750m. The transaction provides Qatar Reinsurance with a greater share of low volatility business as well as enabling it to write UK business under any post-Brexit scenario.

Fairfields Farm Crisps buys successful exporter Ten Acre

Fairfields Farm Crisps has agreed to buy UK brand Ten Acre Crisps from Yumsh Snacks. Based in Colchester, Ten Acre houses a number of small premium brands focused on high quality and ‘free-from’ attributes. The company has had particular success exporting its products, which now have a presence in around 40 markets. Fairfields has created a range of snacks that include kettle chips, vegetable crisps and ‘Heat & Eat’, a new microwaveable potato chips and dip product.

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VPS acquires Transoil Laboratory

Veritas Petroleum Services (VPS) has announced the acquisition of Manchester’s Transoil Laboratory for an undisclosed sum. The deal adds transformer and insulating oils to VPS’s fuels and lubricants portfolio, allowing it to to extend its testing and advisory service offering into power industries.

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Diversified Communications acquires the London Design Fair

Diversified Communications has acquired Tent Exhibitions, the organiser of the London Design Fair, Tent London and Super Brands London events. The most recent London Design Fair attracted around 500 exhibitors and a total audience of 28,000. Diversified Communications is a trade event organiser and publisher with bases in Brighton, Peterborough and Nailsworth.

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Tracsis makes double swoop for delay repay innovators

Transport data software provider Tracsis has announced a double acquisition of Travel Compensation Services (TCS) and its holding company S Dalby Consulting, and Delay Repay Sniper (DRS). TCS is a software provider of enterprise delay repay solutions to the UK rail industry. DRS is a consumer facing web portal that enables rail passengers to quickly and easily submit valid claims under the delay repay scheme. These acquisitions are highly complementary to Tracsis’ existing rail offering as the industry seeks to supplant manual delay repay methods that have led to slow response times, incorrect refunds and a material exposure to consumer fraud. The directors of Tracsis believe this market is set for significant growth in the coming years.

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Sainsbury’s buys Nectar for £60m

A £60m deal sees Aimia sell its Nectar loyalty program and related assets to Sainsbury’s. The acquisition enables the supermarket chain to continue its long term strategy of “knowing its customers better than anyone else”.

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LSL Property Services buys Personal Touch for £4.8m

LSL Property Services has bought Personal Touch Financial Services (PTFS) and Personal Touch Administration Services (PTAS) from Personal Touch Holdings. PTFS is a financial services business specialising in the provision of mortgage and other financial services products via a network of intermediaries. The companies have cost £4.8m plus an acquired intercompany debt of £0.6m.

Leave a Reply

Equip4Work acquired by German group TAKKT

German company TAKKT has acquired Equip4Work, a Dumfries-headquartered etailer of office furniture and business equipment. Under its brands Equip4Work and OfficeFurnitureOnline, the company generated sales of just under £40m in the 2016-17 financial year. The acquisition has been agreed for £35m with a further £10m payable on the condition of meeting certain targets by 2021. TAKKT is a b2b direct marketing specialist in business equipment in Europe and North America.

Leave a Reply

Dental implant specialist Neoss buys Arc Solutions

Neoss, a designer, producer and supplier of dental implants based in Harrogate, has acquired Swedish business Arc Solutions. Arc Solutions is an industrial manufacturer of customised small components for metal and medical products. Leveraging Arc’s expertise in computer aided design (CAD), the deal signals the company’s plans for expansion in digital dentistry.

Leave a Reply

NorthEdge Capital sells DW3 Products for £70m

DW3 Products, a manufacturer of high quality door and window products, has been sold by NorthEdge Capital to US business Masonite International. The £70m sale represents a 3.5x return for NorthEdge, which acquired DW3 in October 2014. In this time the company has expanded its facilities in Stoke and Gloucester and made three acquisitions. DW3’s brands include Solidor, Residor, Nicedor, and Residence. The company recorded net sales of around £45m in 2017.

Leave a Reply

Markerstudy sells insurance businesses to Qatar Re

Markerstudy has agreed to sell its Gibraltar-based insurance businesses to Qatar Insurance Company. Markerstudy, Zenith, St Julians and Ultimate Insurance will all join, seeing the transfer of annual premiums totaling approximately £750m. The transaction provides Qatar Reinsurance with a greater share of low volatility business as well as enabling it to write UK business under any post-Brexit scenario.

Leave a Reply