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Low & Bonar

Low & Bonar is to sell its Bonar Floors contract flooring business to Forbo Holding of Switzerland for £123m, with the transfer of up to 760 staff.

Low & Bonar is to acquire Westbond, the Barnsley-based flooring and fibres manufacturer, from Cambrosa Holdings for up to £11m.

Low & Bonar is to acquire MTX Group, the German manufacturer of technical coated fabrics with 600 staff, for £119m.

Low & Bonar is to acquire Colbond Investments, the Dutch non-woven textiles manufacturer, for £72m.

Low & Bonar has acquired Geo-Tipptex, the Hungarian manufacturer of non-woven geotextiles, for £10m.

Low & Bonar has bought assets of Threshold Floorings, the manufacturer of flooring products, out of administration for £0.1m.

Low & Bonar is to sell its Bonar Plastics division, which has a network of 12 rotational moulding plants, to the Promens subsidiary of Atorka Group of Iceland for £26m.

Low & Bonar has acquired Xirion, the Belgian manufacturer of artificial grass, for £9.4m.

Low & Bonar has acquired LCM Construction Products, the polypropylene fibre manufacturer, for £13m.

Low & Bonar has sold Spila, its loss-making Italian plastics subsidiary, to Albanova, for a nominal sum.

Low & Bonar is to invest £1m expanding the capacity at its carpet yarns and artificial grass factory in Dundee.

Low & Bonar is planning to expand its speciality materials business by spending up to £100m on a series of acquisitions this year.

Low & Bonar has sold its polymers business to Ineco Acrylics, the former ICI subsidiary, for £11m.

Low & Bonar has sold its European cartons business to Malbak of South Africa for £80m.

Low & Bonar is planning to relocate its head office from Dundee to London, and sell off its European packaging business for about £60m.

Low & Bonar is to sell eight North American industrial packaging plants to Hood Companies of the US for £80m.

Low & Bonar has acquired two rotational moulding companies in the US - PDM Molding of Colorado and PDM Molding NW of Washington - for an initial £10m.

Low & Bonar is selling its European polyethylene film business to British Polythene Industries for £7.7m, and also announced a £13m restructuring of its UK carton and North American plastic sack businesses.

Low & Bonar, the packaging company, has acquired Nuway, the flooring business, from BTR for £11m, and plans to make further acquisitions over the next year.

Low & Bonar has acquired two Belgian makers of polypropylene yarns and fabrics - UCO Technical Fabrics and UCO Ostend Netting - for £9m.

Low & Bonar has acquired Ex-Press Plastics, the Norwich maker of glass fibre reinforced plastics, for £4.3m.