i3 buys Fibre Associates

i3 Group, a Merseyside-based connectivity provider, has acquired Fibre Associates, a manufacturer of fibre optic connectivity products based in Colwyn Bay, for an undisclosed sum.

Done Deals

  • Runcorn-based Phoenix Medical Supplies has acquired Computer Systems for Distribution of Stafford for an undisclosed sum. Source: Crain’s Manchester Business
  • Cambridge-based CSR has acquired SiRF, the US manufacturer of microchips for GPS systems, in an all-share deal worth £91 million. Following completion, SiRF shareholders will own some 27 per cent of the enlarged CSR group.
  • Morse Plc, the IT services and technology company, has disposed of its loss-making UK and Jersey investment management consultancy business to Navigant Consulting, an intenational management consultancy listed on the NYSE, in a deal worth up to £1.7 million.
  • Bachy Soletanche has bought Simplex Foundations, the North East-based piling contractor, from Norwest Holst for undisclosed terms.
  • PR company Paver Smith, with operations in Liverpool and Manchester, has scooped Pazang PR, the Wilmslow-based public relations agency.
  • Bath-based printing firm Ralph Allen Press has been bought by its management for an undisclosed sum. Source: UK Business Activity Report

Deal in the Pipeline

  • Patsystems, which provides software derivatives and other electronic trading, is scouting acquisitions after lifting annual profits 23 per cent.

Nick Britton

Lexus Ernser

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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