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Top story
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EKF moves to Penarth and buys in US
EKF Diagnostics, the medical test company, has made its first big foray into the US market by agreeing to buy Stanbio Laboratory for £16m. EKF chief executive Julian Baines told Insider the company had secured its place in Wales by setting up its head office in his home town of Penarth. The group plans to seek further acquisitions.
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Deals
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Q Chip raises funds for Dutch plant
Q Chip, a pharmaceutical technology company based in Cardiff, has completed a £3.6m funding round and unveiled plans to manufacture in the Netherlands.
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MBO at 60-year-old Triumph
The Triumph Furniture Company has been bought out of administration by its management team, securing more than 200 jobs.
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Companies
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Customer confidence boosts Ryder Court
Pre-tax profit at Ryder Court Investments almost doubled to £906,000 in the year to 31 December 2010, according to the Monmouth-based castings manufacturer.
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Spectrum adds to WRU tactical options
The Welsh Rugby Union has chosen Spectrum Internet to be its official provider of high-speed internet services.
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Meatier profits at Dawn
Dawn Meats (UK), which incorporates Dawn Group Cross Hands in Llanelli, has posted a 943 per cent increase in pre-tax profit to £7.2m for the year to 31 December 2010.
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Property and construction
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Henderson buys Dunleavy Drive for £5.4m
Dunleavy Drive retail and leisure scheme in south Cardiff has been bought for £5.4m by Henderson Global Investors. The deal was brokered by DTZ on behalf of Swansea-based property company Compton Group.
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RWE hopes to rebuild Taff Ely wind farm
RWE NPower, the electricity company, is planning to rebuild its Taff Ely wind farm near Tonyrefail, South Wales, to double its capacity.
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Jelf moves to Langdon House
Insurance company Jelf has relocated to its Swansea office to London & Wharfedale's Langdon House building at the SA1 development.
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