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Deal Round-up (20.05.2008)

Engineering and construction firm Balfour Beatty has acquired German engineer Schreck-Mieves GmbH for €36 million (£28.4 million) and Travelzest has purchased Canadian cruise specialist The Cruise Professionals.

Done deals:

Engineering and construction firm Balfour Beatty plc has acquired German engineer Schreck-Mieves a for €36 million (£28.4 million)

Travelzest plc, a travel group offering specialist travel programmes, has purchased the Canadian luxury cruise retailer The Cruise Professionals for up to CAD 14.5 million (£7.25 million)

Aegis Group plc, a marketing communications group, has bought marketing consultancy Globlet in Thailand for £100,000

Windmill Housing Association and Manchester Methodist Housing Association have merged to create a combined housing management group (Source: Blackpool Gazette)

Private equity house 3i has bought the UK arm of Finnish pipe manufacturer Uponor Corporation, Radius, for £100 million, including Radius Plastics in Northern Ireland (Source: The Business Desk)

HGS in Leighton Buzzard, One Stop Supplies based in London and Birmingham, and Origin in Bristol have merged to create a logistics business worth some £12 million (Source: channelinfo.net)

Dubai-based global investor Economic Zones World has acquired Milton Keynes logistics company Gazeley in a deal reportedly worth between £299 million and £398.5 million (Source: Business Weekly)

For more VC and AIM deals, click here.

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