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Universe Group

Universe Group has acquired Spedinorcon, the Surrey-based supplier of retail software, for undisclosed terms.

Universe Group has bought the trade and assets of Retail Service Team, the provider of EPOS services with 40 staff, for under £0.2m.

Universe Group has acquired Indigo Retail Holdings, the Bromsgrove-based developer of retail management systems for £1.6m.

Universe Group is to raise £3.4m in a rights issue to fund the expansion of its loyalty cards and payment systems business.