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CareTech buys Valeo for £15.3m

 
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Done deals:
 

  • CareTech plc, a provider of learning disability care services, has bought its competitor Valeo for up to £15.3 million

 
Deals in the pipeline:
 

  • STM Group plc, a Manx cross border financial services provider, is set to acquire Jersey-based St George Financial Services and its associated companies, for up to £600,000 in cash and shares
  • Swedish investor Peter Gyllenhammar has increased his stake in fibres and coating firm Chapelthorpe plc to 15.7 per cent. The business is valued at £4.64 million