The Board and shareholders of ATG (AT Group Ltd) announced Thursday they had agreed to the sale of the entire share capital of the Company to Bilfinger Berger Industrial Services (UK) Ltd, with effect from 4th January 2011. Going forward, the Company will shortly change its name to trade as BIS ATG.

The Midwich Group, made up of several UK and European distribution companies, has acquired Ubiqz Limited, a distributor of security systems.

Anand Subbiah, Ubiqz's general manager reiterated that he was excited at the prospect of developing the firm’s business with the support of such a large group. As a specialist distributor, Midwich will continue to focus on the security sector but the acquisition will significantly improve customer service, product choice, stock availability and performance across all aspects of its business.

Dollar Financial announced that its wholly owned subsidiary, Dollar Financial U.K., has entered into an agreement to acquire Purpose U.K. Holdings Limited, a provider of online payday loans in the United Kingdom operating under the brand name PaydayUK. The anticipated purchase price of the acquisition is $195 million. The trailing twelve months EBITDA for Purpose is currently approximately $32 million.

An IBM Global Business report has placed London as the globally preferred destination for foreign direct investments. The report means London continues to be the world’s top destination city measured by number of projects, the BRIC countries (Brazil-Russia-India-China) are represented by 8 of the world’s top 20 cities, 5 being in India.

Kelway, the ICT solutions and services provider, announced it acquired managed services specialist ISC Computers plc, including all brands and companies operating under ISC Computers plc.  The acquisition augments Kelway's existing portfolio of managed services and complements Kelway's strengths in ICT strategy and delivery of complex, end-to-end infrastructure solutions, said the firm.

US based Smith Electric Vehicles Corporation last week signed an agreement that will see it acquire the Smith Electric Vehicles business in the UK. Smith Electric Vehicles US Corporation will acquire the UK based business from its owner Tanfield Group for US$15 million.

Viridor announced it has acquired the north-west independent integrated recycling and waste management operator Adapt Recycling Ltd.  The acquisition is in line with Viridor’s parent company; Pennon Group’s, stated strategy of expanding its waste management activities, particularly in the areas of recycling, waste treatment and disposal.

Tata Chemicals Limited announced the acquisition of UK based British Salt Ltd. The investment was made by Tata Chemicals Ltd’s wholly owned UK subsidiary Brunner Mond (BMUK). Brunner Mond acquired the UK-based British Salt Limited for $144 million (around Rs.656.48 Crore).

Silverfleet Capital has acquired UK footwear business Office from Sir Tom Hunter's West Coast Capital (WCC). The financial terms were undisclosed, but reports value the deal at around £150 million. Silverfeet Capital is a European private equity firm.

Camlin Fine Chemicals Ltd has acquired UK-based Borregaard Industries Ltd's subsidiary, Borregaard Italy. The acquisition is part of Camlin Fine Chemicals backward integration strategy. Borregaard, Italy manufactures Hydroquinone, which is a petrochemical based product, the basic starting material required for Camlin Fine’s major product range of food antioxidant and products like TBHQ, BHA.

John Wood Group PLC Tuesday announced it had entered an agreement to acquire PSN Limited. John Wood is an international energy services company and the acquisition is for a consideration of a total enterprise value of US$955 million. PSN will merge with Wood Group’s Production Facilities business to create the leading global brownfield production services provider, Wood Group PSN.