1. News
January 12, 2018updated 11 Jan 2018 3:57pm

M&As this week: Investindustrial Advisors, Mayborn Group, Live Ventures

Investindustrial Advisors has acquired OKA Direct for an estimated £40m ($53.57m).

Investindustrial Advisors has acquired OKA Direct for an estimated £40m ($53.57m).

Based in Italy, Investindustrial Advisors is a private equity firm, while the target company is a UK-based multichannel home furnishing products retailer.

Cavendish Corporate Finance served as the financial adviser to OKA Direct for the deal.

Mayborn Group has acquired UK-based baby products retailer Gro-Group Holdings Limited for £22m ($29.77m).

Based in the UK, Mayborn Group is involved in manufacturing and supplying baby hygiene products.

The deal will enable Mayborn to extend and develop its product range.

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Live Ventures has entered an agreement to purchase ApplianceSmart by acquiring 100% equity in the latter.

Based in the US, Live Ventures is a marketing solutions provider that expects the acquisition to enable business development in new markets.

“The deal will enable Mayborn to extend and develop its product range.”

Mydin Mohamed Holdings intends to divest in SAM’S Groceria, a Malaysian provider of groceries and fresh food, for an undisclosed sum.

Also based in Malaysia, Mydin Mohamed owns and operates hypermarkets, emporiums, bazaars, mini-markets, convenience shops, supermarkets, restaurants and franchise stores.

The sale is a part of Mydin Holdings’ strategy to sell loss-making businesses.

The Nature’s Bounty has acquired Best Bar Ever, a US-based producer and seller of gluten-free protein bars.

Also based in the US, The Nature’s Bounty is a producer, distributor and retailer of nutritional products.

The acquirer aims to expand its suite of sports and nutrition products with the addition of real-food nutrition bars, through the acquisition.