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LDC backs Eve Trakway

Done deals:

  • Mid-market buy-out house LDC has acquired a minority interest in Eve Trakway, a temporary fencing specialist for outdoor music events, such as Glastonbury
  • Chess Technologies, a subsystem supplier to the defence market, has received £1.5 million of expansion capital from Beringea, which manages the ProVen VCTs
  • Barclays Bank has acquired major Russian retail and commercial bank Expobank. The deal will see Expobank join Barclays Global Retail and Commercial Banking Emerging Markets business. The terms of the deal remain undisclosed
  • Aegis Group Plc, a marketing communications group, has bought Steadman Group, the largest independent African research agencywith gross assets of $3.3 million (£1.7 million)
  • High street bookmaker William Hill Plc and Grupo Codere SA have sold their Italian joint venture William Hill Codere Italia to Intralot Italia for $5.5 million (£4.4 million)
  • British American Tobacco has bought the cigarette businesses of Skandinavisk Tobakskompagni A/S for undisclosed terms. Completion follows approval by the European Commission on 27 June
  • Silvigen, a UK producer and supplier of biomass fuels for use in the power industry, has secured £1.75 million from Foresight Group, an alternative asset manager. The deal will fund the development of Silvigen’s biomass processing plant in Goole, North Humberside, as well as provide working capital to support future growth plans
  • Online luxury jewellery retailer AstleyClarke.com has received £2.75 million funding from venture firm Index Ventures
  • The stationery business of Communisis Plc, a print and direct mail producer, has been bought by its management with the backing of Investec Growth & Acquisition Finance. The Investec team provided asset-based lending, including receivables financing, inventory financing, plant and machinery loans and acquisition finance
  • Aviation giant British Airways has boosted the services offered by one of its subsidiaries after agreeing to buy a French airline