Bob Martin tames Seven Seas

By Mark Dunne on September 30 2008

Done deals:

Intertek, a provider of quality and safety services, has bought US company HP White Laboratory, a personal protective equipment testing specialist, for an initial £20 million
Industrial chains manufacturer Renold has bought 75 per cent of Indian group LG Balakrishnan & Bros for an undisclosed sum
Investment company Ninety Plc has completed the acquisition of rival firm Honour Field for as much as £15 million
Schroders has received regulatory approval for its acquisition of E Sun Securities Investment Trust in Taiwan for some £8.8 million in cash
Manchester’s water additives business BWA has been sold by private equity firm Close Brothers to Bahrain-based United International Bank for £100 million
Entrepreneurs Kate Little and John Cavanagh have spent an undisclosed six-figure sum on buying Edinburgh-based media company Channel 6

In the pipeline:

Engineering specialist Redhall Group is to expand its oil and gas services operations after tabling an £18.6 million cash bid for Chieftain
Equity Special Situations has agreed to buy 41 per cent of TransSend, the pre-paid card division of Conister Financial, as part of its strategy to invest in financial services businesses