LONDON, UK: CMO Group PLC, the UK’s largest online-only retailer of building materials, announced the acquisition of Whiteholme Limited, a specialist bathroom basin e-commerce company which trades as clickbasin.co.uk. Founded in 2010 and based in Preston, clickbasin.co.uk currently has a range of c. 320 SKUs comprising bathroom vanity units, bathroom cabinets, wall hung basins, bathroom…
Author: Ali Mirza
Frasers Group acquires online women’s fashion retailer, Missguided
LONDON, UK: Frasers Group plc has acquired certain intellectual property of the online women’s fashion retailer, Missguided Limited (in administration), Mennace Limited (in administration) and Missguided (IP) Limited for a cash consideration of £20 million. Following completion, the business will be operated by the administrator under a transitional agreement for a period of approximately 8…
David King appointed CEO of XLMedia
LONDON, UK: XLMedia (AIM: XLM), a leading global digital performance publisher, announced the appointment of David King as Chief Executive Officer and as a member of the Board of Directors. He is expected to join the Group on 1 July 2022. David brings extensive leadership and financial expertise. Stuart Simms, the Company’s existing Chief Executive…
Marlowe plc acquires Cedrec Information Systems for £3.0mn
LONDON, UK: Marlowe plc has acquired Cedrec Information Systems Limited, a leading digital platform providing Environmental, Health and Safety (EHS) data & information, for an enterprise value of up to £3.0 million. Headquartered in Gateshead and established in 1994, Cedrec Information Systems provides data, information and legislative insights to approximately 1,000 customers who subscribe to…
S4Capital announces merger between TheoremOne and Media.Monks
LONDON, UK: S4Capital plc (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, announced a merger between TheoremOne and Media.Monks, which significantly expands the capabilities of its Technology Services practice. The merger augments its technology services and consulting capabilities and expands its client base. TheoremOne is a leader in agile, full-stack, innovation,…
Kate Davidson appointed Chief Executive Officer of Dignity Plc
LONDON, UK: Dignity plc, the UK’s only listed provider of funeral and end of life services, announced the appointment of Kate Davidson as Chief Executive Officer, effective from 10th June 2022. The Company also confirms that Gary Channon’s final day as CEO will be 9th June, when he will also step down from the Board…
Manx Financial Group to acquire 50.1% stake in UK focused, Payment Assist Limited
LONDON, UK: Manx Financial Group PLC announced that Manx Ventures Limited has agreed to acquire a 50.1% interest in UK focused, point of sale lender Payment Assist Limited for a total initial consideration of £4 million payable in cash. Manx Financial Group has been working with Payment Assist since 2015, the company’s wholly owned subsidiary…
REACT Group acquires LaddersFree Ltd for £8.5mn
LONDON, UK: REACT Group Plc (AIM: REAT) has completed the acquisition of LaddersFree Ltd., an established nationwide commercial window, gutter and cladding cleaning business, for a total consideration of up to £8.5 million on a debt-free and cash-free basis. This is REACT Group’s second acquisition and represents a further step in the company’s ambition to…
TEAM plc agrees to acquire Concentric Group Limited
LONDON, UK: TEAM plc has conditionally agreed to acquire the entire issued and to be issued share capital of Concentric Group Limited. Concentric is a Jersey based financial planning and investment consultancy business, delivering market-leading investment performance and analysis for high net worth individuals and institutional investors in Jersey and internationally. An initial consideration of…
Norcros Plc agrees to acquire Granfit Westfield for upto £92 million
LONDON, UK: Norcros Plc, a market leading supplier of high quality and innovative bathroom and kitchen products, has conditionally agreed to acquire Granfit Westfield for an enterprise value of £80 million with an additional potential earnout of up to £12 million based on certain performance criteria. Grant Westfield is a market leading designer, manufacturer and…
Arqiva Group appoints Shuja Khan to succeed Paul Donovan as Chief Executive Officer
LONDON, UK: Arqiva Group announced that Shuja Khan will succeed Paul Donovan as Chief Executive Officer with effect from 01 June 2022. Shuja has been Arqiva’s Chief Commercial Officer since January 2020, responsible for our revenue generating activities across all business areas including strategy, customer experience and regulatory affairs. Since joining he has been instrumental…
Wizz Air announces potential expansion in The Kingdom of Saudi Arabia
GENEVA: Wizz Air Holdings Plc, Europe’s fastest growing and most sustainable airline, has signed a Memorandum of Understanding (MoU) together with the Ministry of Investment of the Kingdom of Saudi Arabia, supported by the Saudi National Air Connectivity Programme (a Ministry of Tourism initiative to support the development of the Saudi Tourism Sector). The purpose…