Fairline sold for £4.5m The sale of the motor yacht builder will allow production to remain in the UK, based out of the east Midlands. Fairline was acquired in 2011 by private equity group Better Capital, and was sold in September to Wessex Bristol, a group of luxury brands. Read more.
Gudmundssons and Baupost Group buy out Bakkavor The Icelandic brothers and original founders of the ingredients company have teamed up with the Boston-based hedge fund to buy 89% of the shares in the Bakkavor Group. Both brothers will maintain their executive-level positions within the company. Read more.
Boparan Restaurant Holdings acquires the Cinnamon Club The Harry Ramsden backer has acquired all three locations, including The Cinnamon Club, Cinnamon Kitchen and Cinnamon Soho. The group is looking to build its restaurant portfolio, while expanding the Cinnamon Collection throughout the UK and overseas. Read more.