Marlowe continues acquisitions spree to buy £17.2m healthcare company June 10, 2021 Marlowe, a specialist health and safety company, this morning announced the £17.2m acquisition of occupational health company Healthwork, marking it’s twelfth acquisition this year. The news swiftly follows Marlowe’s most recent acquisition just last week of fire safety and security service provider ACL for £7.3m. Marlowe said acquiring Healthwork, which employs over 80 clinical professionals, [...]
US healthcare data giants Datavant and Ciox strike $7bn merger deal June 9, 2021 Datavant and Ciox Health today announced they have agreed to merge. In a deal valued at $7bn, the combined company will become largest health data network in the US. The new company, named Datavant, will allow a secure exchange of data among its network of more than 2,000 US hospitals and 15,000 clinics. It will [...]
Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero June 1, 2021 Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero
Ranked: S&P Global’s $44bn mega-deal tops list of biggest 2020 acquisitions May 27, 2021 In what was a tough year for businesses across the world, it was a fruitful one for 6,000 mergers and acquisitions. While the pandemic threatened companies of all sizes, some managed not just to survive but to continue growing in the last 12 months. After a year unlike any other, which acquisitions were the biggest [...]
Blackstone to buy FTSE listed property developer St Modwen for £1.2bn May 20, 2021 Blackstone to buy FTSE listed property developer St Modwen for £1.2bn
Private equity firm buys Gü pudding brand May 17, 2021 Private equity firm Exponent has secured a deal to buy dessert brand Gü from Noble Foods for an undisclosed fee. Gü said the deal will provide investment for the business to expand its current UK production site. Sky News reported last week that Exponent had offered £150m to buy the pudding brand. The company was [...]
Posh paint brand Farrow & Ball bought by Danish company in €500m deal May 11, 2021 Luxury paint and wallpaper company Farrow & Ball has been bought by Danish coatings manufacturer Hempel, in a deal that values the paint retailer at around €500m. Hempel bought Farrow & Ball from American private equity group Ares Management Corporation, which reportedly paid £275m for the company in 2014. Today The Financial Times first reported [...]
Former MP Luciana Berger joins Cazoo’s ESG board May 4, 2021 Online used-car retailer Cazoo has appointed former MP Luciana Berger to its board, once its $7bn merger with AJAX has been completed. Joining as a non-executive director, Berger’s political career last saw her as the Liberal Democrat shadow spokesperson for health, social care and wellbeing in 2019. Currently managing director of advocacy and public affairs [...]
Toyota pushes the pedal on self-driving tech with $550m Lyft deal April 27, 2021 Toyota is set to acquire Lyft’s self-driving technology unit for $550m, both companies confirmed today, as the Japanese firm pushes the pedal on its automation ambitions. The carmaker will pay $200m cash upfront, with the remaining $350m paid over five years, gaining access to the US ride-hailing firm’s more than 300 employees. The acquisition will [...]
In tune: Synth makers Sequential snapped up by Focusrite for £18m as revenues grow April 27, 2021 High-end synthesizer firm Sequential boasted revenues of $18.3m last year, which hit all the right notes for audio products company Focusrite to buy it for $24m today. The existing management and team will stay with the California based Sequential post-acquisition. Meanwhile, the company could receive up to $4m more, depending on its performance. Focusrite’s board [...]
