Premier Foods sells French bakeries

Premier Foods has completed the sale of Martine Spécialités SAS and Le Pain Croustillant for £44 million.

Other Done Deals

  • Ensembli, a Sheffield-based news service provider, has received further funding from private equity investor Enterprise Ventures, taking the total investment in the company to £850,000.
  • Exosect, a supplier of intelligent pest management services, has secured further funding from European venture capitalists Oxford Capital Partners, WHEB Ventures and the Entrepreneurs Fund. Exosect has secured over £5 million in the last two years.
  • Veterinary services provider CVS has acquired Beechwood Veterinary Hospital, a small animal surgery based in Doncaster in a move that will complement the company’s existing practices in the Yorkshire area. The financial terms of the deal have not been revealed.
  • Axis-Shield Plc, an international in vitro diagnostics (IVD) company, has acquired the German distribution rights for its point-of-care (PoC) IVD products from Progen Biotechnik GmbH for 1.2 million in cash.
  • Capita Group Plc, a business process outsourcing (BPO) and professional support services provider, has acquired Hero Insurance Services from insurance and investment group LV= (formerly Liverpool Victoria) for £15 million.
  • Accounting software giant Iris has acquired reseller ATW Information Technology Systems for an undisclosed sum.

Deals in the Pipeline

  • Guy Carpenter & Company, LLC, a global risk and reinsurance specialist, has agreed to acquire John B Collins Associates, Inc., the seventh-largest reinsurance intermediary in the world. The terms of the deal have not been disclosed.
  • Veris Plc, a provider of support services, has agreed to dispose of its moving and storage division to Capstar for 74,304 (£65,900).

Nick Britton

Lexus Ernser

Nick was the Managing Editor for 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...

Related Topics

Venture capital funding