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Manchester fashion tech PLC K3 sells subsidiary for £36m

RetailDeals NexSys, a SYSPRO elite partner in the UK, will become part of SYSPRO’s wider global business, expanding its presence in the UK and Europe K3 Business Technology Group has reached an agreement to sell its NexSys Solutions subsidiary to global ERP software provider SYSPRO for £36 million in cash. …

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Advent-backed Polish parcel locker group bets on UK

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. InPost, a Polish parcel locker company backed by buyout firm Advent International, is betting on booming demand for out-of-home deliveries in the UK to drive its European expansion. Rafał Brzoska, …

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Biotangents funding targets £20bn cow problem

Investment Biotangents has raised £2.3 million to revolutionise the dairy farming industry with its on-farm diagnostic device to address disease in cows. Bovine mastitis alone is estimated to cost the global dairy farming industry around £20 billion every year, costing the average UK dairy farm up to £25,000 per annum. …

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