LONDON, UK: Samarkand Group plc (AQSE:SMK) announced the acquisition of the entire share capital of Optimised Energetics Ltd. Optimised Energetics Ltd owns natural health and healing brands Natures Greatest Secret and BeNatural and manufactures premium skincare on a contract basis for Napiers the Herbalist. This acquisition brings new on-profile, high growth and high potential brands…
Author: Ali Mirza
Admiral Acquisition Limited signs deal to acquire ASP Acuren Holdings for $1.85 billion
LONDON, UK: Admiral Acquisition Limited (LSE: ADMR) has entered into a definitive agreement with ASP Acuren Investco LP, an affiliate of funds managed by American Securities LLC, to acquire 100% of ASP Acuren Holdings Inc., the ultimate parent company of Acuren, a leading North American provider of critical asset integrity services, from American Securities, in…
Victorian Plumbing has acquired AHK Designs (Victoria Plum) for £22.5m
LONDON, UK: Victorian Plumbing (AIM: VIC), the UK’s leading bathroom retailer, announced the acquisition of the entire issued share capital of AHK Designs Ltd, trading as Victoria Plum on 17 May 2024, by Victorian Plumbing Limited, a subsidiary of the Company. Victoria Plum is an online only UK bathroom retailer, headquartered in Doncaster, UK. The…
Oakley Capital has agreed to acquire vitroconnect in Germany
LONDON: Oakley Capital Investments Limited (OCI) announced that Oakley Capital Origin II2 (Origin II) has agreed to acquire vitroconnect, a leading broadband open access platform business in Germany. This will be the first platform investment made by Origin II. OCI’s indirect contribution to Origin II is anticipated to be up to £19 million, which relates…
Serica Energy plc appoints Chris Cox as Chief Executive Officer
LONDON: Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company, announced the appointment of Chris Cox as Chief Executive Officer (“CEO”). This will take effect on 1 July 2024, with David Latin (Chairman of Serica) ceasing his temporary role as Interim CEO at the same time. Chris Cox has over forty…
FRP Advisory Group acquires Hilton-Baird Group for initial £7 million
LONDON, UK: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of commercial finance and risk management specialists Hilton-Baird Group for a consideration of £7 million plus an amount for the net assets acquired on completion which we estimate to be c. £1.4 million and a three-year performance based earn-out…
Watches of Switzerland Group has acquired Roberto Coin Inc. for $130 million
LONDON: On 8 May 2024, the Watches of Switzerland Group (WOSG) signed and completed the acquisition of the entire share capital of Roberto Coin Inc., an associate company of Roberto Coin S.p.A. from Roberto Coin S.p.A., Pilar Coin and Peter Webster, Co-Founder and President of Roberto Coin Inc., for a total consideration of $130 million….
Touchstone Exploration to acquire Trinity Exploration and Production for £24.1 million
LONDON: Touchstone Exploration has agreed to acquire Trinity Exploration and Production, with the boards of both companies expressing their satisfaction over the terms of the all-share offer. The acquisition, structured as a scheme of arrangement under the Companies Act, will result in Trinity shareholders receiving 1.5 new Touchstone shares for each share they hold. Upon…
Northamber Plc acquired Tempura Technology and Tempura Communications for £6.02 million
LONDON: Northamber Plc (AIM:NAR), a leading value-add AV & IT distributor, has acquired Tempura Technology Limited (TTL) and Tempura Communications Limited (TCL) together with their respective subsidiaries. Tempura is a value-add distributor of unified communications including VoIP, connectivity, audio visual and video conferencing solutions in the UK, Ireland and the BeNeLux. The total consideration for…
COMAC secures order for 100 C919 Aircraft from a major airline
LONDON: A major airline company has entered into a significant agreement with the Commercial Aircraft Corporation of China (COMAC) to purchase 100 of the much-anticipated C919 aircraft (Extended-ranged Version). This transaction is set to reshape the future of aviation with the C919 being a direct competitor to the likes of Boeing and Airbus. The deal,…
Thoma Bravo L.P. agrees to acquire Darktrace Plc for $5.315 billion
LONDON: Thoma Bravo L.P. through Luke Bidco Limited has agreed to acquire entire issued, and to be issued, ordinary share capital of Darktrace Plc. The acquisition will be implemented by way of a Court-sanctioned scheme of arrangement. Under the terms of the acquisition, each Darktrace shareholder will be entitled to receive: $7.75 in cash/share. The…
Norcros plc to sell Johnson Tiles UK for £1 million
LONDON, UK: Norcros plc, a market-leading designer and supplier of high quality bathroom and kitchen products in the UK, Europe and South African markets, announced that following a strategic review, it has entered into an agreement to sell Johnson Tiles UK to its existing management team. Johnson Tiles UK, based in Stoke-on-Trent UK, designs, manufactures…