º The private equity fund Compass Partners is selling the Swiss-based fan and air-handling business Fläkt Woods to Sagard Private Equity Partners for an undisclosed sum. Fläkt Woods employs more than 3,000 staff and has sales worth around €550m.
º The US industrial communications specialist Sixnet has bought the Canadian machine-to-machine cellular data developer, Bluetree Wireless Data. The companies have been working together for some time and the first jointly developed products will be launched later this year.