Done Deals

• Manchester City FC, has been taken over by the Abu Dhabi United Group for Development and Investment for an undisclosed sum

• Essentially Group has bought Arundel Promotions, a cricket and football sports personality and event management business, for £325,000

• Securita’s subsidiary in Switzerland, Protectas has acquired the alarm systems company SH Safe Homes for, an undisclosed sum

• 3M has completed the acquisition of Ligacon, a Swiss-based manufacturer and supplier of filtration systems for an undisclosed sum

• Digital security firm Gemalto has completed the takeover of Keycorp’s smart card business for 15 million (£12.2 million)

• Yorkshire-based provider of European coach holidays Leger Holidays has acquired rival firm Consort Travel for an undisclosed sum

• 3i has sold its minority stake in renewable energy firm Electrawinds to the majority shareholders. In 2006, 3i injected 30 million (£24.4 million) into the firm

• Abraaj Capital has acquired a 50 per cent stake in Turkish luxury-yacht manufacturer Numarine for an undisclosed sum

• Close Brothers Private Equity has backed the £129 million MBO of chemical company Warwick International from its US parent company Sequa Corporation

• Sky High has acquired Halifax Computer Services for £194,000

• Acetec has sold its two core operations that make up its steel reinforcing business. Deals worth £25 million saw the company sell the steel reinforcement operations of its subsidiary company BRC and agree to sell its 50 per cent interest in BRC McMahon Reinforcements to UK steel group Celsa

In the pipeline

• Gameking has said it will buy Orb Holdings, the second largest operator of amusement machines, in a reverse takeover

• Change Capital Partners has agreed to sell fashion brand Jill Sander Group to Onward Holdings and its European subsidiary, GIBO for 167 million (£135 million)

• Luxury lifestyle brands company Smallbone has announced that it will acquire Christopher Peacock Cabinetry for up to £8.3 million