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Cosalt has sold its Ballyclare workwear division out of administration, including sites in Stockport and Barnsley.

Cosalt, the Grimsby-based safety and workwear supplier, is expected to be acquired by a new company called Oval in a £0.4m deal.

Cosalt has sold its marine safety equipment business to Survitec Group for £31m.

Cosalt is to raise up to £20m in a share placing to fund the expansion of its marine safety business.

Cosalt is to sell its Cosalt Holiday Homes division in Hull to Endless Group for a nominal sum, in order to focus on the marine safety sector.

Cosalt has acquired Myhre-Maritime, the Norwegian marine equipment supplier, for £12m.

Cosalt has acquired Safety At Height Services, the Aberdeen-based fall arrest protection business, for £0.3m, and sold its Banner school uniforms business to IDP Holdings for £4.5m.

Cosalt is to acquire GTC, the Aberdeen-based supplier of marine lifting equipment, for up to £30m.

Cosalt has acquired Marine Safety Systems of Spain for £2m, in order to expand its marine safety equipment business.

Cosalt is to acquire the Maritime Safety Division of the Bofort Group for £8m, including operations in Belgium, Germany, the Netherlands and Italy.

Cosalt has sold its Knox Fibres carpet yarns business to management for £3.3m, as part of a strategy to focus on workwear, safety equipment and holiday homes.

Cosalt has acquired Sea Dog Life Saving Appliances, the supplier of marine life saving and fire protection equipment from sites in Aberdeen and Edinburgh, for £2.5m.