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Wyko is to close the FPT ball bearings factory in Blackburn later this year with the loss of up to 150 jobs, and the business will be relocated to its Halesowen site.

Wyko Industrial Services has sold its Tufthane and PPL polyurethane product operations in Coventry and Retford to management for £3.5m.

Wyko is to acquire Lilleshall, the distributor of fasteners, for about £20m.

Wyko Group has acquired ESL Group, the Aberdeen-based supplier of electrical and mechanical services to industry, for £5.5m.

Wyko is acquiring Swan Bearing Factors, the distributor of power transmission components, for up to £4.2m.

Wyko Group has bought Aberdeen Bearing Group for £2.5m in an expansion of its power transmission business.