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US firm’s $26.2m Massana buy

Done deals:
 

  • US company Agere Systems has acquired rival electronic circuits company Ireland-based Massana for $26.2 million (£13.3 million)
  • Brand management company Charteredbrands has been bought in a buy-in management buy-out led by marketing specialist Philip Craig, and has been renamed Three Sixty Brands
  • Associated Dental Practices has bought rival dental services company MediMatch
  • Nasmyth Group has purchased JS Chinn Holdings out of administration in order to bolster its design and manufacturing services to the aerospace, automotive and medical sectors. Lloyds TSB backed the £20 million deal
  • Salamander Energy Plc, an oil and gas exploration and production company focused on Asia, has acquired interests in certain Indonesian assets from Serica Energy Plc for $52.75 million (£26.7 million)