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Mayborn Group, the Cramlington-based Tommee Tippee baby products firm, has been sold by 3i to Shanghai Jahwa of China for undisclosed terms.
Mayborn, the supplier of baby products, is to be acquired by Jake Acquisitions for £116m.
Mayborn Group has acquired Tube Plastics, the Stourport-on-Severn-based supplier of children's outdoor play equipment, for an initial £10m.
Mayborn Group has acquired Cotton Bottoms, the Sussex-based supplier of reusable cotton nappies, out of receivership for £0.2m.
Mayborn is relocating its babycare and household products factory to a larger site in Mansfield, and capital expenditure will rise from £1.3m to £3m this year.