SAL taken over by management

SAL Abrasive Technologies Group, an industrial manufacturer, has been subject to a management buy-out backed by Royal Bank of Scotland.

Other done deals

  • Environmental services firm SLR Consulting has bought civil and structural engineer FMH Consulting Engineers
  • Palm oil and rubber cultivator Anglo-Eastern Plantations Plc has acquired 30,000 hectares of land in South Sumatra, Indonesia, for $7.7 million (£3.9 million)
  • Holiday and travel operator Holidaybreak has bought Hertford Travel Group, the holding company of educational tour operator European Study Tours, for more than £4 million
  • Industrial manufacturer the Weir Group Plc has bought Texan oil and gas products manufacturer Mesa Manufacturing for $40 million (£20.3 million)

Deals in the pipeline

  • Defence group Chemring has agreed to acquire Martin Electronics, a US manufacturer of decoy countermeasures and energetic materials, for $70 million (£35.5 million)

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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