 |
|
Italian’s drink to BevEx deal
An Italian insulation materials specialist has expanded its operations in the European beverage dispensing equipment market after buying a company in Leicester.
L’Isolante K-Flex Insulation, which provides insulation materials for refrigeration, air conditioning, chemical and industrial uses, has bought BevEx.
The manufacturer of beverage dispensing products for the UK and European markets was bought by L’Isolante’s Lancashire division for an undisclosed sum.
This is the first acquisition by the group in this market and is part of its strategic development plans to reach more customers.
L’Isolante has more than 1,000 employees providing its products and services across India, Turkey, Russia, the US and Iran. Its UK business operates from Lytham St Annes.
BevEx was created in 2003 and currently has annual sales of more than £1.5 million from clients such as Daniel Thwaites and InBev.
Other M&A Deals
- British team buys TelecomFM Oct 24 2008
- Resaca returns to Texas
with AIM cash Jul 17 2008 - Destiny gets £4.8m injection Dec 03 2008
- Commoditrade takes control of AMCO Dec 01 2008
Special Offers
- 2008 AIM Guide: Jul 17 2007
- Growth Company Investor Magazine: Jul 17 2007
- Cash Shells 2007 - Research report Jul 17 2007
- Venture Capital Trusts Jul 04 2007
M&A News
- YFM backs training programme for golfers Dec 04 2008
- Biomonitor buys Neutekbio gene technology firm Dec 04 2008
- UK top EU dealmaker by volume Dec 03 2008
- Marfin Investment buys Flight Ambulance stake Dec 03 2008
- Corporates idealistic about M&A Dec 02 2008
M & A Events
- Quoted Company Awards 2009 28th January
- The Canaccord Adams Media Magnate Awards 26th March
- Rosenblatt New Energy Awards 2009 27th February
- M&A Awards 2009 18th February
Business Diary
- M&A Expanding internationally 27th November
- Rosenblatt New Energy Awards 2009 25th February