Acquisitions in Norfolk, United Kingdom

One Equity Partners, with co-investor Buckthorn Partners, has acquired U.K.-based Acteon Group, a specialist provider of engineering and data-driven services for offshore energy infrastructure. The investors plan to invest in and reposition Acteon to expand its capabilities across survey, foundations, moorings, decommissioning and consulting engineering, with a particular focus on offshore renewables (wind); financial terms were not disclosed.

Lotus Technology Inc. completed a business combination with L Catterton Asia Acquisition Corp (LCAA), and its American depositary shares began trading on Nasdaq under the ticker LOT on February 23, 2024. The transaction, approved by LCAA shareholders, included more than $880 million in pre-closing and PIPE financing commitments and positions Lotus to accelerate its global expansion and Vision80 electrification strategy.

Aggreko has acquired the UK and South African businesses of RenEnergy, a specialist provider of commercial and industrial solar PV, energy storage and EV charging/carport solutions. The deal expands Aggreko's renewable energy capabilities and presence in key markets, with RenEnergy continuing to operate under its brand and management teams retained.

Appello, the UK leader in digital Technology-Enabled Care Services (TECS), has acquired Lifeline24, a national provider of telecare alarms and monitoring based in Norwich. The deal increases Appello's scale and geographic presence across the UK, strengthens its telecare monitoring capabilities, and enables further investment in digital products and sustainability initiatives.