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Glynwed is to sell its core pipes division to Etex Group of Belgium for £786m, and also plans to change its name to Aga Foodservice Group and focus on kitchen equipment.

Glynwed has acquired Mono, the Swansea-based bakery equipment manufacturer, in a deal thought to be worth more than £11m.

Glynwed International has acquired Victory Refrigeration Company, the US refrigeration equipment company, for £16m.

Glynwed International has acquired Ipex, the plastic pipes company, from Canada's Ivaco and Sceptor Holdings for £220m.

Glynwed International has sold its three remaining metal processing businesses to Niagara Corporation of the US for £21m, in order to focus on pipe systems and food services.

Glynwed is to sell most of its metals-processing business to Tyco International for £145m, and the proceeds will be used to acquire pipe distribution and commercial kitchen equipment companies.

Glynwed is selling Amari Plastics and Port Plastics to an unnamed US company for £19m, as part of a strategy to focus on its pipe systems and food services divisions.

Glynwed has acquired Friatac, the German plastic pipes company, for £174m, which will give it a leading position in the world market as well as access to eastern Europe, Brazil and the US.

Glynwed International has acquired Williams Refrigeration for £44m, which will give it a leading position in the market for commercial catering equipment.

Kingston Metals is acquiring Glynwed's metals distribution business for £100m, leaving Glynwed free to focus on pipe systems and its consumer and food service products business.

Glynwed has acquired Straub Holding, the Swiss stainless steel couplings concern, for £34m and will integrate the business with its pipe-systems division.

Glynwed has sold three businesses serving the construction markets for a total £3.3m - Leavlite Electropaint, IsoSystems and PTFE Fabricators.

Glynwed International has sold its foundry business, which makes cast iron pipes, to Saint Gobain of France for £37m.

Glynwed International has sold Wednesbury Tube, the copper tube maker, to Mueller Industries of the US for about £12m.