UK - Bridgepoint eats up Prêt for £345m and divests Concentric

Bridgepoint has confirmed that it has acquired sandwich chain PrУЊt A Manger in a deal reported to weigh in at ТЃ345m. The investor has also announced that it has sold Concentric, an engineering company it has owned for ten years. Concentric has been acquired by Sweden-based Haldex, a quoted provider of technology solutions to the global vehicle industry, for an undisclosed sum. Concentric, headquartered in Birmingham, is a supplier of oil, water and fuel pumps for medium and heavy duty diesel engines. It was the subject of a ТЃ122m Bridgepoint-backed management buyout and de-listing in September 1998.