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Alamo Group Europe’s €15m French buy

Done deals:
 
 

  • Infrastructure maintenance equipment supplier Alamo Group Europe has acquired Rivard Developpement, a French manufacturer of vacuum trucks and jetting equipment, for some €15 million (£11.9 million)
  • Everbuild Building Products has purchased the Kwikgrip brand of DIY tapes and flooring products in a bid to bolster its offering
  • Bakery chain Sayers has been bought out of administration by its management, led by chairman Sandy Birnie, and renamed Sayers the Bakers
  • Engineering firm Kanban Group has purchased metal pressing company Indmar Sheet Metal out of administration for £250,000
  • Gambling units manufacturer and support services group IGT-UK has acquired mobile phone gaming company Million 2-1

Deals in the pipeline:
 

  • The Chelsea building society is in talks to acquire the Catholic Building Society
  • Dubai World, the investment arm of the Dubai government, is looking to buy industrial property developer and manger Gazeley
  • Thomas Cook has agreed to purchase French tour operator Jet Tours for €70 million (£55.5 million)