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Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1.9m.

Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.

Shares in financial services consultancy Alpha FMC soared nearly 40% on Wednesday after the company confirmed rumours that it has been approached by two parties about a possible takeover.

Chip supplier Sondrel announced the successful completion of a significant milestone in its material turnkey ASIC engagement for a tier-one OEM automotive customer on Monday.

Security and industrial screening specialist Image Scan announced an initial order worth £0.3m from a partner on Monday, for the supply of ‘ThreatScan-AS1’ portable x-ray systems as part of a framework contract secured by the partner with a European Ministry of Defence organisation.