Mergers and acquisitions

Nottinghamshire packaging firm Surepak has entered administration after growing overheads – including a 425% hike in its electricity bill – cut into its cashflow.

Property market tech firm Iamproperty has bought hybrid marketing firm Information Works.

A dozen ‘active’ businesses where PFI Group CEO Darren McMurray is listed as a director are now flagged as having overdue filings at Companies House.

Acquisitive delivery start-up Shift has snapped up Yodel in a rescue deal just days after rumours spread that it might be put into administration.

Global healthcare packaging manufacturer Sanner Group has acquired Cambridge-based Springboard, which specialises in the design and development of medical devices for regulated markets.

Data, document and mailing house Millnet has undergone an MBO, with managing director Steve Chadd taking up ownership.

The Barclay family, owners of The Daily Telegraph, have accelerated efforts to sell Yodel, according to reports.

Riso has agreed to take over Toshiba Tec’s inkjet head business in a deal that is set to complete over the summer.

Packaging and paper manufacturer Mondi has completed the acquisition of Hinton Pulp mill in Alberta, Canada, from West Fraser Timber for a total consideration of $5m USD (£3.98m).

Independent corrugated packaging supplier The Logson Group has acquired Sussex-based corrugated cardboard packaging manufacturer Challenge Packaging.