Done Deals

• French broadband products developer Sagem Communications has acquired the broadband and WiMAX business of Gigaset Communications, a subsidiary of Arques Industries and Siemens. The details of the deal remain undisclosed.

• Wine warehouse chain Majestic Wine Plc has acquired fine wine specialist and family-run business Law & Wheeler for up to £6 million. Read More

• Braemar, the AIM-quoted real estate fund, has acquired Manchester Ground Rent Company for £410,000, including the assumption of debt.

• Circor International has acquired French aerospace company Bodet Aero for an undisclosed sum.

• Private equity firm Blackstreet Capital Partners has acquired the assets of medical devices distributor Professional Appearances, and renamed the company Scrubs AC. The details of the deal were not disclosed.

• Insurance and wealth management business RK Shipman has acquired Bovey Tracey-based C&M Financial Services (C&MFS) for an undisclosed sum.

• Energy company Drax Group Plc has acquired Haven Power, an electricity supply business, from Welsh Power for £10.75 million. Read More

• Genesis Communications has acquired Increase CRM – the customer relationship management arm of Surrey-based software company Increase for an undisclosed sum.  

In the Pipeline

• French company Mangas Gaming has agreed to acquire bet-at-home.com from founders Franz Omer and Jochen Dickinger for an undisclosed sum.

• Triumph Group, a US aircraft manufacturer, has agreed to acquire the Essex and Germany-based aviation business of Kongsberg Automotive for £18 million. Read More