LONDON: Intertek Group plc, a leading Total Quality Assurance provider to industries worldwide, announced the acquisition of Aerial PV Inspection GmbH (“AePVI”), a leading provider of high-speed TEK-powered inspection and diagnostic solutions for solar PV systems. Solar photovoltaic is the fastest growing form of renewable energy worldwide and accelerating global investment2 is driving demand from large scale…
Chesnara plc to acquire Scottish Widows Europe SA for €110 million
LONDON: Chesnara plc has entered into an agreement to acquire 100% of the issued share capital of Scottish Widows Europe SA (“Scottish Widows Europe”), a Luxembourg based closed life insurance business, from Scottish Widows Limited (“Scottish Widows”) (a subsidiary of Lloyds Banking Group plc (“Lloyds Banking Group”)) for total cash consideration of €110 million (the “Acquisition”)….
Centrepoint Alliance boosts earnings, sells lending unit to Astute
SYDNEY – Centrepoint Alliance Ltd. (ASX: CAF) said Tuesday its first-half normalized earnings rose 17%, and it struck a deal to sell its lending aggregation business to Astute Financial Management Pty Ltd. in a transaction that will increase annual earnings starting next fiscal year. The financial services firm reported unaudited normalized EBITDA of $6.2 million…
Optima Health to buy PAM Healthcare for £100 mln, boosting market position
LONDON: Optima Health (AIM: OPT), a UK provider of technology-enabled corporate health and wellbeing solutions, said on Monday it has agreed to acquire occupational health and wellness service provider PAM Healthcare Limited for approximately £100 million, in a move that cements its position as the market leader. The acquisition, funded through a combination of new…
Coral Products plc to purchase the assets of AAC Cyroma Ltd
LONDON: Coral Products plc, a group of specialist businesses in the design, UK manufacture and omni-channel supply of a wide range of bespoke plastic products based in Wythenshawe, Manchester, has agreed to purchase the assets of AAC Cyroma Ltd (“AAC Cyroma”) from its liquidators for a total consideration of £95,000 in cash, through its wholly…
SDI Group announces acquisition of PRP Optoelectronics for £9.3 million
LONDON : SDI Group plc, the buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products, announced the acquisition of PRP Optoelectronics Ltd (“PRP”) for a net consideration of £9.3m. Highlights · PRP designs and manufactures custom high performance microLEDs, LED light engines and monolithic…
Aeris Resources to acquire Peel Mining in landmark copper deal
Sydney – Aeris Resources Limited has announced a major strategic move with the acquisition of Peel Mining Limited, a deal set to reshape the copper landscape in Australia’s Cobar region. The transaction, structured as an all-scrip Scheme of Arrangement, will see Aeris absorb Peel’s South Cobar Copper Project, including the advanced Mallee Bull and Wirlong…
Nuveen’s Pantheon unit to acquire Schroders in £9.9 bln cash deal
LONDON – Nuveen LLC, the investment arm of Teachers Insurance and Annuity Association of America (TIAA), said on Thursday its newly formed subsidiary Pantheon LLC will acquire UK asset manager Schroders plc in a recommended cash deal valuing the company at up to £9.9 billion. Under the terms of the agreement, Schroders shareholders will receive…
Truespeed Communications and Freedom Fibre sign an agreement to merge
LONDON – Truespeed Communications and Freedom Fibre have signed an agreement to combine their businesses, creating a scaled, capital-efficient full fibre platform. The combined entity will play a leading role in the ongoing consolidation of the UK alternative network (altnet) sector. This merger brings together two highly complementary, effectively unlevered, businesses with a combined footprint…
SPIE announces the acquisition of INVIZO in Slovakia
CERGY – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the acquisition of INVIZO s.r.o., a Slovak company specialising in building security systems and smart technical solutions. Established in 1997, INVIZO s.r.o. is a recognised provider of technical solutions for building security and smart installations. The company…
Domino’s names Andrew Gregory as new global CEO and MD
BRISBANE: Domino’s Pizza Enterprises Ltd. announced Tuesday the appointment of Andrew Gregory, a longtime quick-service restaurant executive, as its next Group Chief Executive Officer and Managing Director. Gregory will assume the role no later than Aug. 5, following the conclusion of his obligations with his current employer. Gregory brings more than three decades of experience…
Aussie Broadband deal with AGL seen boosting earnings, market share
MELBOURNE: Aussie Broadband Ltd. said Wednesday it will acquire AGL Energy Ltd.’s telecommunications business in a $115 million share‑based deal that will make AGL a substantial shareholder and expand Aussie Broadband’s market position. The agreement, announced Feb. 11, will add about 350,000 broadband and mobile connections to Aussie Broadband’s customer base. The company expects the…