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Today’s deal headlines

In today’s headlines, Irvine Energy Plc has completed its acquisition of Metro Energy and Bridge Insurance Brokers has enlarged its offering with the acquisition of Chartwell Insurance Brokers

 

Done deals:

 

  • CVS, a UK-based veterinary services provider, has acquired Axiom Lab, provider of diagnostic laboratory services to third party veterinary practices, for £4.04 million in a bid to strengthen its biochemistry and allergy testing capacity

  • AIM-listed oil and gas exploration and production company Irvine Energy Plc has completed its purchase of oil and gas assets from its US partner Metro Energy, announced in July

  • William Sinclair Holdings Plc, a UK producer of commercial horticulture and garden products, has bought Joseph Metcalf, a horticultural products company based in the northwest of England, for £2.95 million

  • Bridge Insurance Brokers, a Manchester-based independent commercial insurer, has bought neighbouring firm Chartwell Insurance Brokers based in Warrington

 

Deals in the pipeline:

 

  • York-based Wallis Business Services is to merge with Central Stationers in Darlington in a bid to create a combined stationary group

  • In line with the its strategy to develop its packaging distribution businesses, Glasgow-based packaging solutions group Macfarlane has agreed to acquire Online Packaging for some £5.1 million

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