We Help Companies Find New Sales Opportunities
Engineering - 2003
Benji & Co is considering plans to relocate its garden machinery supply business away from Wales, after the Welsh Development Agency blocked its planned move into the former KTH factory in Llanidloes.
Invest NI has assisted negotiations for a £4m management buy-out at Carpets International, which will involve the creation of 116 jobs in County Down and the purchase of its Donaghadee and Killinchy factories by a property consortium.
Elektron has acquired Arcolectric, the Surrey-based manufacturer of electromechanical components with 170 staff, out of receivership.
PPE Services, the power electronics company, is planning to expand its workforce from 16 to 32 next year and relocate to a new headquarters in Stokesley.
Brammer is to sell its calibration and equipment management services business in continental Europe to Air Liquide for £22m.
Raytheon is to create up to 200 jobs at its plant in Glenrothes and at subcontractor sites, having won a £140m defence systems contract from the Ministry of Defence.
Blick, the Swindon-based supplier of security systems, has accepted a £95m takeover offer from The Stanley Works.
Derbyshire County Council has secured a £2.5m government grant to develop new recycling schemes, and a kitchen waste composting facility will be built.
Harry Dalby Engineering, the manufacturer of units for spray-painting vehicles, is looking to expand the 80-strong workforce at its Leicestershire factory with ten extra staff.
Filtronic is to sell parts of its US-based electronic warfare business to Teledyne for £7m.
Johnson Service has acquired Jongor North, the catering equipment hire company, for £2.4m.
Intertek has acquired Amtac Certification Services, the Manchester-based provider of quality and management systems audits and certification services to medical device manufacturers, for £1.4m.
Marco Cable Management Systems is to create 40 new jobs at the Welsh Development Agency's Llangefni Industrial Park in Anglesey.
Davis Service is to sell its HSS tool hire business to a management buy-in backed by 3i for £145m.
KPMG has sold the Loks Plasma stainless steel profiling division of Vernon Stainless out of administration to Metals UK Group of Bolton, securing 35 jobs.
Isoclad, the North Shields-based manufacturer of panels for the refrigeration and other industries, has been bought out of receivership by a management team backed by One NorthEast, securing 23 jobs.
Anglian Water is to sell its PURAC process engineering business in Sweden to Lackeby Water for a nominal sum.
Sondex has acquired Computer Sonics Systems, the Canadian manufacturer of wireline logging equipment for the oil industry, for £1.6m.
MacLellan Group has acquired Attlaw Security & Protection for an initial £5m.
Hampson Industries has won a £200m contract to manufacture aircraft wing parts for Eclipse Aviation of the US, which will create up to 300 jobs at factories in Wigan and Birmingham.
Gillette is to close its razor blade factory in Isleworth in 2007 and a warehouse in Hemel Hempstead in 2005, with the loss of 400 jobs, while 600 staff will be relocated from Isleworth to a new site.
Cobham has sold Westwind Air Bearings Group, the Poole-based supplier of air bearing spindles with 350 staff, to GSI Lumonics for £21m.
Devon County Council has sold Devon Waste Management, the Exeter-based waste disposal operation with 64 staff, to a team of managers and Viridor for £7.5m.
Elequip, the Leicestershire-based manufacturer of electrical control products, has been bought out of receivership by Allenwest Integrated Solutions of Brighton, securing the future of 100 jobs.
CNH is planning to expand production at its tractor factory in Basildon by 20% to 25,000 units next year.
RPS Group has acquired Woods Warren, the Milton Keynes-based provider of infrastructure advice with 49 staff, for up to £2.9m.
Consafe Engineering is to create 50 new jobs in Aberdeen, having won a contract to manufacture 90 shelter buildings for the Tengiz oil-field development in Kazakhstan.
Vitec is to sell ALU, the manufacturer of retail fixture systems, to Manfrotto of Italy for £12m.
Winstanley & Co, the Pershore-based engineering company with 64 staff, has undergone a management buy-out for undisclosed terms.
Finning UK has announced plans for the multi-million pound expansion of its materials handling business in Cannock by May 2004, including 60,000 sq ft of additional office space and 30 new jobs.
AEA Technology is planning to create about 100 jobs at its battery plant in Thurso over the next three years.
Asfare is planning to raise £2.4m in a flotation on Aim to fund the expansion of its Southampton-based specialist ladders business.
Comeleon is to acquire Tanfield Holdings, the Durham-based provider of manufacturing solutions with 178 staff, for £4.7m.
Hawtin is to sell Spaform, the Portsmouth-based manufacturer of spa baths with 142 staff, to GW 745 for £4m.
TT Electronics has acquired Optek Technology, the US-based sensor manufacturer, from The Dyson-Kissner-Moran Corporation for £30m.
Orion Electric is to set up a new flat-screen television production line at its Margam plant near Port Talbot, with the creation of 200 jobs.
Nobia of Sweden has acquired Gower Group, the Yorkshire-based supplier of self-assembly kitchens with 475 staff, for about £68m.
The Defence Science & Technology Laboratory is planning to relocate up to 500 jobs to its Portsmouth site by 2007, as part of a rationalisation of sites throughout the country.
Wolseley has acquired Tobler Management Holding, the Swiss supplier of heating and ventilation products with 600 staff and 21 branches, for £52m.
Corus is to shed more than 50 jobs at its steel operation in Blackburn, due to the closure of the Strip Products business and the relocation of the Multi Products business to a recently-refurbished unit nearby.
GKN is soon to decide whether to build a new £10m aerospace materials research centre in the UK or the US, and the Isle of Wight is thought to be a likely location.
Mercury Recycling is to acquire Simister Engineering Services, the recycler of fluorescent tubes and street lighting, for £0.9m.
Lloyds Beal has acquired Enviroquip, the Cardiff-based supplier of waste compactors and handling equipment, and is also planning to move its own Cardiff-based operation to a 55,000 sq ft site in Bedwas.
Allerton Engineering is to set up a new £3m production facility for its structural engineering business in Northallerton, with the creation of dozens of jobs over the next three years.
Flamgard Engineering of Pontypool has undergone a management buy-out, securing the future of 21 jobs.
Duraflex, the manufacturer of mouldings for windows and doors, is to set up a new headquarters and production complex at Tewkesbury Business Park, and existing operations will be relocated from Cheltenham, Quedgley and Toddington.
The North West Development Agency is helping Koito Aerospace of Japan with its plans to establish an airline seats factory in Speke, with the creation of 21 jobs.
Lancashire County Council has secured £75m of government funding for the development of nine waste management facilities, which will process up to 900,000 tons of waste a year.
Securistyle, the Cheltenham-based manufacturer of window hinges and other hardware with 334 staff, has undergone a £35m management buy-out backed by Kleinwort Capital.
Trans-Siberian Gold is to raise £16m in a flotation on Aim, in order to fund the development of two gold projects in Russia.
Avon Rubber has sold Avon Spencer Moulton, the French manufacturer of rubber tracks for construction equipment, to Nova Participations for £3.2m.
Yorkshire Forward is to assist Metalysis relocate from Cambridge to Sheffield, where it will create up to 100 jobs at a new plant to produce non-ferrous metals using a new extraction process.
Neyr UK is planning a £2m expansion at its automotive plastics factory in Peterlee, with an increase to the 105-strong workforce.
Anderson Electrical is to set up a new £1.4m headquarters for its commercial cleaning equipment business at Pride Park in Derby next year.
Laird has acquired Intron, the manufacturer of composite doors, for an initial £9m, in order to expand its security systems division.
Diploma has acquired Filcon Electronic, the German supplier of specialist connectors to the defence and aerospace markets, for £4.3m.
Sigma 3 is to invest £1m in the expansion of its kitchens factory in Llantrisant over the next three years, and recently gained three new showrooms in Surrey with the acquisition of County Kitchens.
Wood Group has sold Enterprise Engineering Services, which employs 100 staff in Aberdeen, to Dales 2003 of Peterhead for undisclosed terms.
Pentagon Protection has acquired FilmTek, the solar and security window film supplier, for £1.5m.
Syltone, the Yorkshire-based transport engineering company, is to be acquired by Gardener Denver of the US for £47m.
Bohlin Instruments, the Cirencester-based manufacturer of rheometers, has been acquired by Malvern Instruments, the Malvern-based subsidiary of Spectris.
Epwin Group has sold DJ Profiles, the Telford-based manufacturer of rubber seals and tubing, to Trelleborg of Sweden for undisclosed terms.
Porvair is planning to sell Porvair International, the manufacturer of microporous materials, and Porvair Ceramics, the supplier of ceramic moulds, to management for up to £4.8m.
Carter Environmental Engineers has acquired JB Thorne of Leicester and Visco of Croydon, in order to expand its services in dust and fume filtration as well as water cooling tower systems.
Corus has announced plans to invest £71m at its Port Talbot plant by March 2005, in order to increase production of steel slabs.
Staffordshire County Council is considering plans from Simpro to set up a green waste composting plant at Iverley Park Farm near Stourbridge.
VT Group, the shipbuilding company, is seeking acquisitions to expand its support services business in the US.
Midland Mechanical Developments, the Tipton-based manufacturer of cabling assemblies with 28 staff, has undergone a management buy-out backed by Cattles Invoice Finance.
CSE-Servelec has acquired TTC, the Slovakian developer of oil and gas pipeline control systems with 70 staff.
RD Industries is looking to invest £3m in the development of a new larger stationery factory in Saltash over the next two years.
Chemring has sold Kembrey Wiring Systems, the manufacturer of wiring harnesses for the aerospace industry, to Time 24 for £1.9m.
Thumbs Up is to set up a new £7.5m distribution centre for its plastic household products business in Bury by next May, with the creation of about 150 jobs.
IMI has sold its Brighouse-based air conditioning division, which has 84 staff, to management for undisclosed terms, and the business will be renamed Marstair.
Lapmaster International, the Devon-based manufacturer of precision finishing machines, has undergone a management buy-out from Smiths Group for undisclosed terms.
Elster Metering Systems is seeking permission to relocate its entire business and 200 staff from Stone to a new factory at Tollgate Park in Stafford.
AWG is to sell its water and wastewater holdings in the Czech Republic to local investment firm Penta for £51m.
Meggitt is to acquire the US-based Howden Airdynamics and Western Design Howden defence subsidiaries of Charter for £27m.
Pandrol, the manufacturer of rail track fastening systems with 663 staff in 11 countries, has been sold by Candover to Delachaux of France for £165m.
PricewaterhouseCoopers has sold the South Wales factory of Carpets International out of receivership to a management buy-out for undisclosed terms, securing 300 jobs.
Scott Tod Developments, the supplier of cash machines, is to reverse into Aim-listed investment company Darwen Capital.
Headlam Group has acquired Manx Carpets, the supplier of wool-rich carpets, for £0.5m.
SSL International has sold its Marigold industrial gloves business to Comasec SAS of France for up to £22m, but retains the consumer gloves business.
British Wool Marketing Board is planning to set up a new laboratory to test wool quality in Caernarfon by next May, with the creation of up to 20 jobs.
Henry Bath Group, the metals company, is to relocate its head office from Knowsley Industrial Park to Princes Dock in Liverpool.
Newmark Security is to sell Drion Security, its Belgium-based asset protection business, to a former executive for £0.3m.
Armour Group has acquired four companies for £12.5m - QED Audio Products of Woking, Goldring Products of Bury St Edmunds, Veda Products of Bishops Stortford and Integrated Medi Installations of Aldershot.
LEC Marine has gone into administration following the closure of Appledore Shipbuilders in north Devon, casting doubt on the future of 200 jobs in its electrical installation business.
Grant Thornton has sold Unit Press, the Preston-based office chair components company, out of receivership to one of its founders, securing the future of 130 jobs.
Alucast, the Wednesbury-based aluminium foundry, has undergone a £3m management buy-in.
Collis Engineering, the Alfreton-based manufacturer of railway signals, and sister company Signal House of Leighton Buzzard have undergone a £3m management buy-out backed by Yorkshire Bank.
Defabs Engineering Systems, the Derby-based supplier of stainless steel equipment with 40 staff, has undergone a management buy-out for undisclosed terms.
Flex Connectors, the London-based commercial lighting company, has undergone a £0.8m management buy-out backed by Balfour Corporate Finance.
Roneo Systems Furniture is planning to relocate its office furniture business and about 20 of the 50 staff from Newmarket to Dunstable, following a merger with President Office Furniture.
The Ministry of Defence has awarded a £2.5bn contract to EADS to operate and maintain communications satellites, which will create about 500 jobs at sites in Portsmouth and Stevenage.
Terberg Matec UK is to create 44 new jobs through the expansion of its waste processing site in Worksop.
Invensys is to sell its utility metering business, which includes 13 manufacturing facilities in the US and elsewhere, to IMS Meters Holdings for £388m.
Adam Fire Surrounds is creating 12 new jobs for machine operators, assemblers, packers, labourers and spray finishers at its factory in Huddersfield.
Romag is to raise £8m in a flotation on Aim, in order to fund the development of a production line for photovoltaic glass.
British United Shoe Machinery has acquired Shoemat of Northamptonshire, creating a combined footwear components group with 89 staff in the UK and more than 100 in Taiwan.
OMS Safety & Quality has merged with Paramode Consultants to create a combined health and safety consultancy with offices in Derby, Leicester and London.
Power Electrics, the supplier of generators with 60 staff, is to relocate its Bristol headquarters to a larger site in Warmley next year.
Axminster Carpets is considering plans to build a new factory at Millwey Rise in East Devon to produce a new range of domestic and contract carpets.
Sembutilities Solutions of Singapore has opened a new regional office in Grimsby and hopes to create at least 100 new engineering jobs in the area over the next two years, serving the needs of chemical and utility companies.
Rolls-Royce has secured government funding for a £38m project to develop new aerospace technologies in partnership with eight universities, which will involve several hundred engineers at its factories in Derby and Bristol.
PBK Micron, the Coventry-based manufacturer of engineering components with annual turnover of £1.5m, has undergone a management buy-out.
Parker Plant, the Leicester-based manufacturer of stone-crushing equipment, has been bought out of receivership by the executive chairman of Universal Conveyors.
Yeoman has sold its Brooks & Gatehouse yacht navigation subsidiary to Kongsberg Maritime of Norway for £2.7m.
Hoover is to close its vacuum cleaners plant at Cambuslang near Glasgow with the loss of up to 260 jobs, but 70 jobs will relocate to Merthyr Tydfil.
IMI has acquired Artform International, the Loughborough-based supplier of merchandising systems with 425 staff, for £47m.
QC Supplies has acquired Wheatley Dyson, the Huddersfield-based office equipment supplier with 20 staff, and transferred the business to its Halifax headquarters.
County Durham Development Company is supporting a £1.5m investment by Trinity Cable in a new cable production factory at West Auckland, which will create 37 jobs.
AEA Technology Battery Systems is to set up a £2m battery recycling plant at Golspie, Sutherland, with the creation of 30 jobs.
Express Site Services, the Llandarcy-based pipework company with 20 staff, has undergone a management buy-out.
Cobham has acquired Harrison, the US manufacturer of fluid connectors for aircraft, from Sierracin for £6m.
Crown Wallcoverings is considering plans to relocate wallpaper production from its recently-acquired factory in Darwen to Morecambe, with the creation of 46 jobs.
Epwin has acquired HIS, the Rhymney-based window manufacturer with 40 staff, out of receivership.
Brockington & Scott, the Pontarddulais-based bellows manufacturer with more than 70 staff, has been bought out of administration by a management team, and will move to a new factory unit in nearby Dafen Park by the end of the year.
Airsprung Furniture has sold Sprung Slumber, the Okehampton-based bed manufacturer, to Reylon for £5.4m.
South East Water has been sold by Bouygues of France to Macquarie Bank of Australia for £386m, and Macquarie is now seeking additional investments in infrastructure assets across Europe.
Booth Industries has sold its Oakland Elevators subsidiary to Otis for £7.7m.
Intertek has acquired Fastech International, the Manchester-based textile testing company, for £5.1m.
Walters Hexagon, the fastener supply company with nine UK branches and 270 staff, has been sold by Bridgepoint to Anixter International of the US for £25m.
Tutbury Crystal Glass is planning to relocate its factory and 28 staff, and East Staffordshire Borough Council is supporting its search for new premises.
Invensys, the automation and controls group, is considering plans to relocate its headquarters from London to Boston in the US.
Arvato is to create 400 new jobs at its call centre in Liverpool by the end of the year, having won a customer service outsourcing contract from German domestic appliance manufacturer Miele.
Kangol Headwear Europe is to invest £1m to buy and upgrade its headquarters in Cleator, Cumbria, securing the future of 50 jobs.
Dynamic Europe is relocating its control systems supply business from Kidderminster to the Stonebridge Cross Business Park in Droitwich.
Microturbo is to seeking permission to build a new 36,000 sq ft base next to its existing aerospace plant near Fareham, which would create 140 jobs.
Glen Dimplex has acquired Siemens Electrical Heating of Norway for undisclosed terms.
Smiths Group is looking to spend up to £1.5bn on acquisitions to expand its aerospace, detection and medical divisions.
Rexquote is to double the production capacity at its road-rail equipment factory in Somerset, with the creation of up to 50 jobs.
VA Tech is seeking planning permission to build a new headquarters for 300 office staff in South Tyneside, having secured a £2m regional selective assistance grant.
Billington Structures has acquired Tube Engineering, the Bristol-based tubular fabricator, creating a new division called Tubecon.
PM Group has acquired MDT Holland and MDT Germany for £0.6m, in order to expand its on board vehicle weighing systems business for the bulk haulage and waste management industries.
KMF Precision is creating 20 extra jobs at its new sheet metal factory in North Staffordshire.
Frayling Furniture of Stoke-on-Trent has been acquired by private investors for undisclosed terms, prompting speculation about the future of 100 jobs.
Stirling Group, the lingerie supplier, is to undergo a £19m management buy-out backed by Lloyds TSB Development Capital.
David Fabb Holdings' administrators have sold most of its steel processing operations to Revelan Group for undisclosed terms, including Servosteel, Stourbridge Stockholders, Fairmile Fencing, Phoenix Metal Products and Hornsey Gates.
BSS Group has acquired Pegler & Louden, the valve distributor with assets valued at £1.9m, from FCX International.
Nordam Europe is to invest £8.4m in the expansion of its aerospace factory in Blackwood, with the creation of 170 jobs over the next few years.
Britax is to expand its aircraft seating factory in Cwmbran with the creation of 200 jobs.
Morris Material Handling is to create ten new jobs at its crane manufacturing plant in Loughborough, following a recent rise in sales.
Cobham has acquired Sea Tel, the US manufacturer of shipboard stabilised antenna platforms, for £16m, as well as ERA Technology, the technology design and testing company, for £20m.
Macalloy, the Sheffield-based manufacturer of steel products for the construction industry, has undergone a management buy-out backed by UK Steel Enterprise.
Laird Technologies has acquired Magnes Corporation of Seoul for £1.4m, in order to establish a direct sales, engineering and customer support operation in South Korea.
Ilpea is investing £1m in the expansion of its gasket manufacturing operation at Skelton on Teesside, with the creation of 44 new jobs by the end of the year.
Pilkington is planning to invest £21m in the construction of a float glass plant in Russia.
Austin Taylor is to shed a further 42 jobs at its cabling installation products factory in Bethesda, in order to transfer some production to the Far East.
Rockwool is to invest £24m in a new insulation materials production line for its plant in Bridgend by 2005, with the creation of 60 jobs.
Emess is to sell its Poole Lighting and Creswell Lighting operations to National Lighting Company for £11m.
Arco has announced plans for the multi-million pound expansion of its safety equipment distribution centre in Hull, with the creation of an unspecified number of new jobs.
British Vita has acquired Polytex SAS, the French thermoplastic elastomer compounding company with 10 staff, for £0.4m.
UWG Group has acquired MENCK, the German offshore engineering company with 70 staff, for undisclosed terms.
Aga Foodservice has acquired Northland-Marvel, the US manufacturer of refrigerators, for £13m.
Morgan Crucible has sold its Compressor Technology division to Hoerbiger Compression of the US for £6.6m.
JW Bonser, the Walsall-based zinc alloy castings company with 55 staff, has been acquired by Dalby Holdings of Leicester.
The National Assembly for Wales is to invest £22m in projects that will encourage recycling and cut down on waste, in order to help councils meet recycling targets.
Dimensions Holdings has secured £5m from Bank of Scotland Corporate Banking to finance the expansion of its Castle Donington-based industrial clothing business.
BBA Group has acquired Tecnofibra, the Italian manufacturer of non-woven materials, for £22m.
Walker Greenbank has bought the assets of wallpaper supplier Sanderson & Sons out of receivership for £5.5m, saving 236 jobs.
Avingtrans has acquired Boneham & Turner Spindles, the industrial spindles division of Mansfield-based Boneham & Turner.
Newsome Tools is relocating its tool distribution business and 15 staff to a larger site at Harleston Street in Sheffield.
Cogne UK has acquired George H Cook, the steel supplier with sites in Sheffield and Coventry, for undisclosed terms.
Rentokil Initial is seeking acquisitions to expand its pest control and hygiene business across continental Europe.
JCB, the construction equipment company, is to develop and build a new range of engines at its plant in Staffordshire, with the creation of 200 jobs.
ADT Fire & Security is to relocate its Cardiff branch to a 10,000 sq ft building at the Cardiff Gate Business Park.
E2V Technologies has acquired the microwave sensors business of Dynex Semiconductor, which will involve a number of staff relocating from one Lincoln factory to another.
Fosbel, the Tamworth-based ceramic welding and furnace repair company with 350 staff, has undergone a £24m management buy-out backed by Barclays Private Equity.
South Gloucestershire Council has approved plans for the development of a £1m waste and recycling centre in Kingswood, and SITA will oversee the work.
Science Workshops, the Carmarthenshire-based electrical company, has undergone a management buy-out backed by the Wales Co-operative Centre.
Mussett Engineering, the Norfolk-based manufacturer of metal and plastic components with 80 staff, is being bought out of a Company Voluntary Arrangement by a group of investors.
Tyco Thermal Controls is relocating its trace-heating systems factory and up to 30 staff from Swindon to Washington.
Powrmatic is to buy Selkirks Manufacturing, the Barnstaple-based manufacturer of chimneys and exhausts, out of receivership for £2.7m, and some of the 180 jobs are expected to be saved.
Schmitz Cargobull is to expand its 300-strong workforce in Stanley over the next two years, due to rising demand for its truck trailers.
Rolls-Royce is to close its Main Works in Nightingale Road, Derby, and relocate 500 staff to a new site on Sinfin Lane in 2005, with the loss of 200 jobs.
Ferrograph is to create about 20 new jobs in Newcastle, having won a contract to provide passenger information screens to Manchester Airport.
Headlam is setting up purpose-built distribution centres for its floorcoverings business, including a new site due to open in Leeds this month.
Watershed Plastics of Durham has acquired HydroFlow Solutions, in order to expand its drainage equipment business into Ireland.
David Fabb Holdings' administrators have sold the Brockway Conveyors division in Stourbridge to an undisclosed buyer, securing 20 jobs.
Eden Industries, the Aberdare-based shelving manufacturer with 200 staff, has undergone a £5m management buy-out backed by NMB-Heller.
Sovereign, the Manchester-based manufacturer of shower screens, has undergone a £5m management buy-out along with sister company Woodmet Anodising, and the new group will be called SW.
Westinghouse Brakes is to close its factory in Chippenham by 2005, and relocate up to 350 jobs to a new site in either Melksham or Swindon.
Ifor Williams Trailers is planning to open a new trailers factory at its site on Deeside over the next three months, with the creation of about 80 jobs.
Triplex Components has sold its iron castings business, which employs more than 200 staff at each of its sites in Tipton and Cardiff, to a management buy-out for undisclosed terms.
Corus has announced plans to expand its steel plant in Port Talbot with the creation of 35 jobs, but the project is dependent on the company securing finance.
PHS has acquired the washroom services division of Johnson Service for £14m.
Rolls-Royce has acquired the electrical controls business of VT Group for £11m, in order to offer integrated power solutions.
Sims Recycling Solutions is to double the capacity of its fridge recycling centre in Newport in October, with the creation of 25 jobs.
Bodycote International has acquired five laboratories in the United Arab Emirates and Oman from Carillion for £1.3m, in order to expand its materials testing division.
Lydney, the manufacturer of steel security units with 80 staff at a factory on Merseyside and 140 in Gloucestershire, has undergone a management buy-out from Peterhouse for undisclosed terms.
Amec has acquired Wrights Engineering, the Ellesmere Port-based provider of repair services for bulk storage tanks with 130 staff, for undisclosed terms.
Bosch, the German power tool manufacturer, is to open its first UK call centre in Liverpool this summer, with the creation of 90 jobs.
Mouchel has acquired GEL Group, the Leicestershire-based gas engineering consultancy with 60 staff, for £3m.
Tomkins has started recruiting 200 extra staff for its Schrader Electronics business in Antrim, in order to increase production of tyre pressure detectors.
Tellermate has secured £11m to fund the expansion of its Cardiff-based automated money-counting machines business.
Ultra Electronics is to acquire Radamec Defence Systems, the Surrey-based supplier of surveillance and weapon control systems with about 70 staff, for £6m.
Moncaster Wire Products is investing £1.5m in a new 50,000sq ft factory on the Fairfield Industrial Estate in Louth.
Diploma has acquired HA Wainwright, the distributor of temperature and pressure control instruments, for £7.8m.
Donisthorpe & Company is seeking a new site in the Leicester area for its industrial sewing thread business, and up to 120 staff will be relocated over the next two years.
Reading Borough Council is considering plans from four waste companies to build a major recycling and composting plant.
GKN has acquired Pilkington Aerospace, the manufacturer of military aircraft canopies, for £42m.
Kidde is to acquire IFTE, the supplier of fire training and safety equipment, for £10m.
Smiths Group is to sell its polymers division to Trelleborg of Sweden for £495m, in order to reduce debt and focus on detection, aerospace and medical equipment.
Equip Outdoor Technologies has acquired Rab Carrington, the supplier of outdoor equipment with 40 staff at a factory in Sheffield.
Parkman Group has acquired Atkins Odlin Consulting Engineers, the provider of traffic control and engineering design services with offices in London, Coventry, Liverpool, Leeds and Stockport, for an initial £4.1m.
ICI has sold its waste management business to the Impetus arm of Thornaby-based Scott Bros Group, and more than £1m will be invested in new equipment at the Teesport site.
Manganese Bronze is to sell its components division to BSA Holdings for £8m, including Deans Powered Doors of Beverley, Advanced Sintering of Ipswich, Metal Powders of Birmingham and Precision Castings of Redditch.
Rhinobath is planning to invest up to £3m in a new factory to make injection moulded baths on Merseyside.
WH Boddington, the Tonbridge-based injection moulder, has been sold by Helix Industries to private equity firm Rubicon Partners, along with four other engineering businesses.
Easibathe is planning to increase the workforce at its disability supplies factory in Gateshead from 45 to 60 over the next 12 months.
Waste Recycling Group has submitted plans to set up a £25m household waste landfill and recycling site in Haslington, Cheshire.
Bridon Ropes is to create up to 50 jobs at its rope factories in Newcastle and Doncaster, but its Retford factory in Nottinghamshire will close.
Norfolk County Council is to look at proposals for the development of a waste treatment plant at a cost of up to £100m, but no potential sites have yet been identified.
Invensys has sold Teccor Electronics, its US semiconductor subsidiary, to Littelfuse for £27m.
Regency Group is to create 40 new jobs in Weston-super-Mare over the next few months, in order to expand its Regency@Home furniture and carpet repair service.
Epm Technology is to create 70 new jobs in Leicester, having won contracts to make 150 main body compartments for ambulances, and a second factory will be established on the Hermitage Industrial Estate by September.
Drummond Parkland is to merge its textile finishing operation with Bradford-based cloth finisher Armitage, creating a new independent company called Indygo with 50 staff.
T Clarke has acquired two electrical and mechanical engineering contractors in Cambridgeshire - AG Aylward Electrical & Mechanical and AG Aylward EMS - for up to £3.4m.
Start-rite is to close its remaining shoemaking operation in Norwich in September with the loss of 28 jobs, while 150 sales and design staff will relocate to a new site at the Broadland Business Park in November.
Waterman Group has acquired Technical Computer Applications, the Belgium-based consulting engineer with 37 staff, for £0.7m.
Bonlea, the Stockton-based manufacturer of door frames with 52 staff, has been acquired by Masonite International of Canada for undisclosed terms.
Stafford Borough Council is to consider plans from Rosemound Developments for the construction of a warehouse in Stone, which will create 85 jobs in the assembly and distribution of industrial components.
Ingenico is to create 20 new jobs in Fife having won a £60m contract to supply payment terminals to Barclaycard.
Campmuir is to expand production at its machinery factory in Forfar, adding 20 new jobs to the 110-strong workforce.
Balmer Lindley is to take over the former Sanyo factory in Newton Aycliffe to manufacture street lighting and other safety products, with the creation of 120 jobs.
Bridgedale has bought John Partridge, the Staffordshire-based coat manufacturer, out of administration for undisclosed terms.
Avent Engineering is creating 120 new jobs in Wiltshire, Somerset and Devon, having won a gas mains replacement contract from Transco.
Severn Trent has acquired Hales, the landfill company, from RMC for £141m, in order to expand its Biffa waste business.
Newlands Scientific is planning to raise £1.5m in a share offer to fund the development of its Whispering Windows technology, which transforms any flat surface into a loud speaker.
Stretchline is to close its textile factory in Loughborough, in order to relocate production and up to 75 jobs to its site in Long Eaton.
Loughborough University is to set up a £60m centre for engineering expertise in Charnwood with the creation of 100 jobs, in partnership with the East Midlands Development Agency and BAe Systems.
Emblem Group, the aircraft weapons rack manufacturer, has been acquired by US defence contractor EDO Corp for £15m.
Monitron International is planning to create dozens of jobs in Kidderminster having won government approval for its latest digital roadside traffic camera.
Cubic Transportation Systems, the developer of automated fare collecting systems, is to centralise its UK operations onto its new site at Salfords in Surrey, where the 200-strong workforce could double over the next few years.
Chubb, the security services group, is to be acquired United Technologies Corp of the US for £622m, and UTC is now seeking further acquisitions.
Walk Off Mats is to close its dust control products factory in Leighton Buzzard with the loss of 150 jobs, in order to relocate production to Manchester.
Bourne Tools is to close its toolmaking factory in Brownhills this autumn, and some of the 40 staff will relocate to sister company Bourne Technical Mouldings.
Merloni of Italy is to invest £60m at its domestic appliance factories in Peterborough, Bristol, North Wales and the Midlands, in order to increase output by at least 10% by 2005.
Waste Recycling Group, the operator of 59 landfill sites, is to be acquired by investment group Terra Firma Capital Partners in a £530m deal.
Clyde Marine is to close its production site in Cambuslang in September with the loss of 28 jobs, in order to relocate the manufacture of windlass sail-hoisting products to its plant in Havant.
Sondex is planning to raise £25m in a flotation in order to reduce debt and expand its oilfield equipment business.
Kidde is to acquire Briton Fire Company, the Norfolk-based supplier of fire extinguishers, for £4.7m.
Supreme Imports, the supplier of batteries and photographic products, has undergone a £16m management buy-out backed by private equity group Sand Aire.
RJ Sheet Metal is relocating its metal fabrication business to a new 50,000 sq ft factory in Merthyr, where it expects to double its 50-strong workforce.
Pennon has acquired Churngold Holdings, the operator of waste recycling sites in Bristol, Glasgow and Edinburgh, for £20m, in order to expand its Viridor Waste division.
Celsa of Spain is to re-open the former ASW steel plant in Cardiff, taking on about 400 workers who lost their jobs last year.
Scottish Water has won permission to build a £5.5m sewage plant on the outskirts of Aviemore.
PHS has acquired Airstream Services, the Manchester-based washroom services company, for £25m.
Scottish Water is to relocate its customer management call centres from Dundee and Glasgow to a single site in Edinburgh.
Cobham has reached agreement with Northrop Grumman of the US to acquire Litton Life Support, the Iowa-based manufacturer of air separation systems, for about £50m.
Beran Instruments is to expand its engineering components factory at Great Torrington in Devon, with the creation of 25 jobs.
Roxboro is to sell its Weston aerospace sensors division to Esterline Technologies for £55m.
Pickerings is looking to relocate its lift factory and up to 150 staff to another site in Stockton, with its existing town centre site being used for a supermarket.
Walker Greenbank is to sell the fabric weaving operations of Weavestyle and Contract Fabrics to Project Riverside OPCO for £2.8m.
Remploy is to set up a £10m household products factory at the Lea Green Industrial Estate in St Helens, with the creation of 120 jobs.
Newcastle Mining, the Washington-based drilling and concrete repair company, is planning to increase its workforce from nine to 18 by the end of the year following a recent buy-out.
H&B Rail Engineering is to expand the 40-strong workforce at its train track manufacturing plant in Durham with 12 additional staff this year, following a recent investment in new machinery.
Northumbrian Water has been sold by Suez of France to a consortium of financial institutions led by Deutsche Bank and Ecofin, in a £2.2bn deal.
Goodrich is to invest £9m in a new maintenance facility at Prestwick International Aerospace Park, with the creation of 120 jobs.
James Walker, the seal and gasket manufacturer, is to relocate its head office and factory from Woking to Cockermouth next year with the creation of at least 40 jobs.
EJ Badekabiner of Denmark is to set up a sanitary ware factory in Cramlington over the next few months, with the creation of 150 jobs.
Teignbridge Propellers is to shed 28 jobs at its underwater gear systems factory in Newton Abbot, while its US parent has approved plans for a multi-million pound investment in new equipment.
Comyn Ching is relocating its Solray heater panel factory from London to Gorseinon in Swansea, with the creation of up to 50 jobs.
Bullough, the office furniture and heating company, has been acquired by Montpellier for £7.4m.
Meggitt has sold its petroleum systems business to a management buy-in operating under the name of VBi for £3.5m.
Hattersley Newman Hender is to close its valves factory in Ormskirk later this year with the loss of 240 jobs, although 60 staff may relocate to its Doncaster site.
Babtie Group is to create an unspecified number of jobs at its engineering consultancy in Newcastle-upon-Tyne, to work on new contracts for international road safety research projects.
Saft is to create 70 new jobs at its battery equipment factory in South Shields.
Spice Holdings has acquired H2O Water Services, the Leeds-based installer of water meters and pipes with 350 staff, in a multi-million pound deal.
Kenwood Turned Parts Engineering of the Isle of Wight has been bought out of receivership by a former director, saving 50 jobs.
Vale Brothers has acquired Equus Polymer, the Willenhall-based manufacturer of equestrian products, for undisclosed terms.
Rafiki, the Cwmbran-based fire alarm manufacturer, is planning to double its 25-strong workforce over the next two years following a £1m investment in bringing production in-house.
Tomkins is to acquire Stackpole, the Canadian manufacturer of power train components, for £143m.
Aker Kvaerner is planning to create 700 new jobs by 2005, including 140 at the new Teesside-based headquarters for its engineering services business.
Alstom is to sell its industrial turbines business to Siemens of Germany for £760m.
MF Sealing Systems has acquired Allen Gwynnes, the process pump repair business of Teesside-based Marske Machine Company.
Greenham, the supplier of industrial safety equipment, is to set up a distribution centre at the former Dewhirst factory in Swansea, with the creation of 90 jobs.
BBA Group has acquired the Premier Turbines aircraft engine repair business in the US from Sabreliner Corporation for £22m, and has also announced the sale of its Luton engineering business to Gulfstream Aerospace Corporation.
Day & Zimmermann has set up a new office for up to 40 staff in the grounds of the DuPont site at Brockworth near Gloucester, in order to expand its engineering services into the Swindon area.
Strainstall Group has acquired Prolec, the Dorset-based manufacturer of safety equipment with 24 staff.
Aga Foodservice has shed 14 jobs at its recently-acquired HC Troldahl refrigeration business in Gateshead, in order to relocate the accounts department to Stevenage.
Shanks has won permission from Milton Keynes Council to build a multi-million pound waste treatment facility in Newton Longville.
EHS International has secured a £1.1m funding package from NatWest to expand its Manchester-based air conditioning business.
Leicester Circuits, the manufacturer of printed circuit boards, has been bought out of administration by a management buy-out, saving 65 jobs.
The Department for International Development in Northern Ireland is seeking expressions of interest in a £57m deal to build two water treatment works, including a site in Culmore and four pumping stations.
Liverpool City Council is looking at options for the development of a £200m recycling plant on the outskirts of the city, and talks are taking place with Shanks Waste Services.
Lair International of Bridgend has acquired Talisman, the Essex-based manufacturer of nylon handcuffs, for £1m.
Showpla Mouldings, the Cannock-based plastics company, has been bought out of receivership by a management buy-in, saving more than 100 jobs.
Blick has acquired ISGUS International, the distributor of time recording and production management systems produced by ISGUS Schlenker-Grusen of Germany.
The Rutherford Appleton laboratory in Oxfordshire is to receive a £100m government investment to expand its neutron research centre.
Spirax-Sarco Engineering has acquired Watson-Marlow Bredel, the peristaltic pump distributor, from Walter Becker South Africa for £1.3m.
Barkston, the Leeds-based plastics company with more than 100 staff, has undergone a management buy-out for undisclosed terms.
Xstrata is to acquire MIM, the Australian coal, zinc and copper producer, for £1.9bn, partly funded by a £900m rights issue.
Enodis is to relocate its chief executive's office from the UK to the US, as part of a restructuring of its catering equipment business.
Birkby's Plastics, the injection moulder with 500 staff in Yorkshire and Detroit, has undergone a management buy-out from Japanese trading house Marubeni.
Ineos Chlor is seeking permission to build a treatment plant in Runcorn to deal with CFC gases recovered from refrigeration and air conditioning units.
CJ Vander, the Sheffield-based manufacturer of silverware, has undergone a management buy-out from US parent Syratech Corporation, and sister company International Silver is also part of the deal.
Ceramic Tile Distributors has been acquired by Saint Gobain of France, securing the future of 124 jobs at sites in Newcastle, Hull, Sunderland and Darlington.
The Waste & Resources Action Programme is helping fund the development of a £1.9m construction waste recycling centre at Wath-upon-Dearne in South Yorkshire, built by TK Lynskey Excavations.
Ulster Weavers Apparel is planning a £6.2m expansion of its linen clothing and textile operations in Northern Ireland, with the creation of 33 jobs.
Brambles Industries has sold the Serviceteam repair and maintenance business of its Cleanaway waste management division to AWG Facilities Services for an initial £7.6m.
Burostat is to relocate its gift manufacturing business to Glossop, with the loss of up to 90 jobs at its existing site in Ipswich.
Vivid Retail is creating 80 new jobs at its Walsall factory, having won a contract to make new-style National Lottery booths.
The Welsh Development Agency has received an extra £8m from the Welsh Assembly to fund the acquisition of land for a 500-acre aerospace centre of excellence at St Athan in the Vale of Glamorgan, which could create thousands of jobs.
Morgan Crucible is to sell six of its US-based Engineered Soft Coatings facilities to a subsidiary of Curtiss-Wright for £13m.
Aga Foodservice is looking to spend up to £130m on acquisitions to expand its catering equipment business in the US and continental Europe over the next two years.
Cobham has acquired Orion Electronics, the Canadian supplier of GPS tracking equipment for £6m, and Xybion Sensor Positioning Systems of the US for £0.9m.
L Gardner's aerospace business has been bought out of receivership by a management team for £21m, saving 1,000 jobs.
Enesco is to acquire Bilston & Battersea Enamels of the West Midlands for £2.5m, in order to expand its giftware business.
Leods Contracts has acquired Architectural Veneering Company, the Wakefield-based manufacturer of fire doors with 15 staff, for undisclosed terms.
TT Electronics has acquired Demo, the French manufacturer of electromechanical control panels for heating systems, for £2.5m.
North Lanarkshire Council is considering plans from Healthcare Environmental Services for the development of a clinical waste transfer station in Shotts, with the creation of ten jobs.
Plastic Technologies is planning to create between 15 and 20 new jobs at its plastic products factory in Smethwick.
Finlay has sold a 40% stake in its Tyrone-based engineering business to Sandik of Sweden, and 20 jobs will be created when the two companies develop a new range of mobile crushing and screening equipment.
Hydro Polymers is investing £2m in the acquisition of PVC granule production equipment for its plastics factory in Newton Aycliffe, securing the future of 48 jobs.
Leeds Group has sold Nemesis, its Italian textile manufacturing subsidiary, to a management buy-out for a nominal sum.
BOC Group is to acquire the Canadian packaged gas and related welding equipment business of Air Products for about £25m, including four filling plants and 25 branch locations.
Apex Cables is investing £2m in a new cable manufacturing facility in Durham, which will create 80 jobs over the next two years.
IMI is looking to spend up to £300m on acquisitions to expand its engineering business.
Northumbrian Water has won approval to build a new sewage treatment plant at Seahouses.
Point Source has announced plans to expand its Hampshire-based fibre optics business, with the creation of 100 jobs over the next 30 months.
Coats Viyella, the thread manufacturer, has accepted a £414m takeover offer from Guinness Peat Group.
Meggitt is to acquire Caswell International, the US supplier of fire training equipment, for £18m.
Top Knobs of Newton Abbot has been sold out of receivership to Staffordshire-based Grosvenor Ceramics Hardware, while the St Helens side of the business has undergone a management buy-out and will be known as Express Handles of Golborne.
Carr's Milling Industries is to shed 20 jobs at its Keytor engineering business in Cumbria, as part of a reorganisation that will see its Hinds commercial vehicle body building business relocate to the Keytor site in Carlisle.
South Staffordshire Group has acquired Servotomic, the provider of home assistance policies for domestic boiler breakdowns, for £2.4m, in order to expand its HomeServe subsidiary.
Legrand Electric is to close its sockets and light fittings factory in Birmingham later this year with the loss of about 200 jobs, while some staff will relocate to sites in Wednesbury and West Bromwich.
Cronimet has acquired Rotherham-based Tinico Alloys for undisclosed terms, creating a combined scrap metal merchant with annual turnover of £22m.
Fugro Group, the Dutch geosciences company, is planning to build a 50,000 sq ft headquarters in Wallingford, Oxfordshire.
Hill & Smith has sold the pressure measurement and calibration activities of its SI Pressure Instruments subsidiary to GE Druck for £3m.
Bell Group has acquired Maas Systems, which includes hi-tech security operations in London and the Netherlands, from Maas International Europe for £1.3m.
Scottish Water has won approval from East Dunbartonshire Council to build a water filtration plant at Mugdock reservoir near Glasgow.
Imperial Tobacco is to set up a new headquarters for its sales and marketing operation at a 17,000 sq ft office in Farnham Royal, Slough.
Rayware Group has bought the former Ravenhead Glass site in St Helens in order to store houseware products, which could lead to the creation of up to 200 jobs.
Tanfield Group has 20 vacancies at its machine manufacturing plant in Stanley, County Durham, and a further 30 jobs will created over the next 12 months.
Hills Industries is to invest £2.2m at its rotary clothes drier factory at Pontygwindy, Caerphilly, with the creation of 78 jobs.
BSS is to acquire Tricom Group, the Bedford-based distributor of heating and plumbing products, from Isis Equity Partners for £16m.
Altair Filter Technology, the Alton-based filter equipment supplier with 100 staff, has undergone a £24m management buy-out backed by Gresham.
Delta has acquired Webforge Group, the manufacturer of gratings for industrial flooring with 11 plants in Asia and Australia, from Pacifica Group for £19m.
Radamec Group has sold Radamec Broadcast Systems, the developer of robotic camera controls and virtual reality systems, to The Vitec Group for £4.6m.
Cosalt has acquired Sea Dog Life Saving Appliances, the supplier of marine life saving and fire protection equipment from sites in Aberdeen and Edinburgh, for £2.5m.
Team Valley Brush Company, the Tyneside-based paint brush manufacturer with 100 staff, has been acquired by Delbanco Meyer of London for undisclosed terms.
Heatbusters, the portable air conditioning supplier, has been acquired by Rapid for undisclosed terms.
BAe Systems is to acquire Advanced Power Technologies, the US surveillance and information processing company, for about £18m.
Coils UK, the Ebbw Vale-based manufacturer of electromagnetic devices with 60 staff, has undergone a £1m management buy-out, and will be renamed Electro Magnetic Technology.
Halma has acquired Radcom, the Hampshire-based manufacturer of pipe monitoring equipment, for £2.9m.
Boosey & Hawkes is to sell its musical instruments division to Rutland Fund Management for £20m, and is now looking to sell its music publishing business.
AvestaPolarit is to close its stainless steel site in Oldbury next year with the loss of 125 jobs, although up to 100 staff could be relocated to a new £10m service centre in Sheffield.
ERA Technology has sold its water and gas pipes testing business to Building Investigation & Testing Services.
SR Gent International has been acquired by a Singapore-based businessman, but will proceed with plans to close clothing factories in Mexborough and South Kirkby with the loss of 150 jobs.
Nottinghamshire County Council is planning to set up a £9m recycling plant on the Crown Farm Industrial Estate in Mansfield, with the creation of 60 jobs.
Laird has expanded its security systems business in the US with the £4.3m acquisition of Omega International, Omega Spring Technology and Omega Balance.
London & Boston Investments has acquired Audiotel International, the supplier of covert surveillance equipment, for £1.4m.
Unitech Industries, the Brownhills-based manufacturer of stainless steel kitchen equipment, is seeking permission to relocate about 70 jobs to a former Burntwood Engineering unit in Prospect Road.
John Fredericks Plastics has acquired S&J Marketing, the Northampton-based conservatory roof manufacturer, for £3m.
Gaskell is to sell its tile division, including sites in Lancashire and London, to Low & Bonar for £17m, while its carpet factory in Kidderminster is expected to close with the loss of 70 jobs.
RB Farquhar, the manufacturer of prefabricated bathrooms, is to build a new factory in the Czech Republic this year, as part of a £3m investment programme.
Walker Greenbank is to sell Textile Wallcoverings International, the US distributor of wallcoverings, to Thybony for £0.9m.
Tomkins has sold Milliken Valve, the US-based valve manufacturer, to the Henry Pratt Company for about £5m.
Acordis is investing £11m in new machinery at its Spondon plant, in order to increase the production of fibres for cigarette filters.
Entec, the environmental and engineering consultancy with 10 offices and 630 staff, is planning to create more than 200 new jobs over the next three years.
TW Kempton, the Leicester-based supplier of business and military clothing, has undergone a management buy-out for undisclosed terms, securing the future of 135 jobs.
Stadium Group has sold its plastic injection moulding division, including sites in Hartlepool, Hinckley and Newton Abbot, to a management team in a deal worth more than £10m.
Abbot Group has sold its OIS International inspection business to Oceaneering International Services for £17m.
IMI has acquired Fluid Kinetics, the US supplier of industrial silencers, for £5m.
Blyth & Blyth, the Edinburgh-based consulting engineer, has been bought out of receivership by a management team for undisclosed terms, securing the future of 95 jobs.
Morley's of Bicester has acquired Bristol-based Duncan Roberts, creating a combined furniture supply business with turnover of £10m.
Isoclad Group, the Tyneside-based composite panel manufacturer, has undergone a management buy-out backed by Bank of Scotland for undisclosed terms.
Candover is to sell Airtechnology Holdings, the supplier of motors, fans and environmental control systems, to Ametek of the US.
Fila is planning to close its sportswear site in Gateshead with the loss of 80 jobs, with the office being relocated to Manchester and the warehousing operation transferred to a contractor in Telford.
Swindon Borough Council has announced proposals for a new municipal waste disposal depot on a 25-acre site at the Cheney Manor Industrial Estate.
Hotpoint, the electrical goods manufacturer, is said to be planning to centralise its call centres in Peterborough, with the creation of up to 400 jobs.
Morgan Crucible is to create up to 70 jobs at its Morganite Electrical Carbon plant in Swansea, with work being relocated from a sister facility in Hampshire.
AC Haines Engineering of Plymouth has been bought out of receivership by a team of former managers, securing the future of 20 jobs.
Elektron has sold Powertron, the manufacturer of power supplies for the rail and other industries, to a new company called Powertron Converters for £0.1m.
Oshkosh is to create up to 180 jobs at its factory in Llantrisant, having won a £160m Ministry of Defence contract to produce wheeled tankers.
IMI, the engineering group, is to relocate its head office to the Birmingham Business Park in April, having sold its 95-acre industrial site in Witton to Prudential for £27m.
AEA Technology has acquired Lexware International, the East Kilbride-based provider of environment management services with 30 staff.
ASW's assets in Wales are being bought out of receivership by Celsa of Spain, saving up to 600 jobs, and steel production in Cardiff will be restarted.
Defence Aviation Repair Agency has awarded a £70m contract to Laing to build a superhangar at St Athan in South Wales, which will be used to maintain Tornado fighter aircraft.
Cobham is spending £50m on three acquisitions, including the Blackburn-based land platforms communications division of BAe Systems, SAAB's Applied Composites Division and Drager Aerospace of Germany.
Cogent Defence & Security Networks is creating 200 jobs in Newport, having won a number of new contracts, and a new headquarters and research centre is due to open at the Cleppa 4 business park in May.
Extec, the manufacturer of crushing equipment, has undergone a £56m management buy-out backed by 3i.
Vivid Imaginations, the toy company, has undergone a £62m management buy-out backed by Phoenix Equity Partners.
Spirax-Sarco Engineering has acquired AMPE, the Italian manufacturer of pneumatic and electronic instrumentation, for about £1m.