Zeus Packaging Group strikes £8m deal

Dublin-based Zeus Packaging Group has purchased All Purpose Packaging for £8 million to improve its industrial and retail packaging services.

Other done deals

  • Glen Group Plc, a provider of telecoms services to the SME market, has acquired Colloquium, a public telecoms operator and Internet Service Provider (ISP), in a cash deal worth £100,000
  • European buy-out house Candover has taken a 40 per cent stake in Technogym, a producer of fitness equipment and “wellness products” for corporate customers and consumers
  • Private debt and insolvency firm Brightside Group Plc has bought personal claims assistant to solicitors and claimants, Injury QED and Aust Holdings, the latter owns insurance-focused financial services company Group Direct
  • Daft Media has acquired rival Irish housing website Property.ie
  • Buy-out and turnaround fund Endless has bought 50 per cent of discount book-seller The Works. Entrepreneurs Anthony Solomon and David Luper have acquired the remaining 50 per cent
  • Shoots has added to its garden centre portfolio with the purchase of Seymours Garden Centre
  • Telecoms market data provider Analysys Mason has bought rival company OSS Observer
  • Automotive parts manufacturer Universal Components has acquired its competitor Polland Beaumont

Deals in the pipeline:

  • PSPI Plc, a Guernsey-based real estate investment and financing company, is set to acquire a portfolio of six care homes in Germany, which will be leased for €36.3 million (£28.7 million)
  • Maxima Holdings Plc, an integrated IT solutions and managed services provider, has agreed to acquire DXI Networks for up to £8.5 million in a bid to strengthen its services. Barclays Bank Plc is backing the deal

Marc Barber

Raven Connelly

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.

Related Topics

Venture capital funding