LONDON, UK: Future plc (LSE: FUTR), the global platform for specialist media, announced the acquisition of WhoWhatWear, a leading digital-only women’s lifestyle publisher based in the US from Clique Brands Inc. WhoWhatWear is a brand highly-regarded by both consumers and advertisers with a strong social presence and diverse revenue streams ranging from digital advertising to…
Author: Ali Mirza
Green Lithium & Trafigura agree to develop commercial lithium refinery in Europe
GENEVA: Lithium processing company Green Lithium has agreed terms with Trafigura to support the development of one of the first centralised commercial lithium refineries in Europe. The new refinery will supply European electric vehicle and battery manufacturers with battery-grade lithium chemicals. Under the newly-established relationship, Trafigura plans to supply lithium feedstock required for the planned…
NCC Group appoints Mike Maddison as Chief Executive Officer
LONDON, UK: NCC Group plc (LSE: NCC), a leading independent global cyber security and resilience adviser, announced the appointment of Mike Maddison as Chief Executive Officer following Adam Palser’s decision to step down after more than four and a half years in the role. As global experts in cyber security and risk mitigation, NCC Group…
Coral Products acquires Film & Foil Solutions for £3.0 million
MANCHESTER, UK: Coral Products plc has acquired the entire issued share capital of Film & Foil Solutions Limited (F&F) from two private individuals for a consideration of £3.0 million. Coral Products plc is a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester. Film & Foil Solutions are a leading…
Federated Wireless secures $14mn in Series D Funding for Private 5G
ARLINGTON: Federated Wireless, the leader in shared spectrum and CBRS technology, has closed on an additional $14 million in Series D funding bringing the total raised in the round to $72 million. With the additional funding, the company added affiliates of Fortress Investment Group, Giantleap Capital, and LightShed Ventures to its list of investors. Existing…
Brave Bison buys Best Response Media Limited
LONDON, UK: Brave Bison, the social and digital media company, announced the acquisition of Best Response Media Limited, a leading digital commerce company. Best Response Media is a specialist ecommerce and mobile development company focused exclusively on the Adobe Commerce platform. BRM was acquired for a total purchase price of approximately £1.0m and an enterprise…
Saint-Gobain & Dalsan to merge their plaster and plasterboard activities in Turkey
LONDON, UK: Saint-Gobain and the Turkish group Dalsan have entered into a joint-venture agreement pursuant to which they will merge their plaster and plasterboard activities in Turkey. Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €100 million in 2021. They will benefit from a leadership position with an annual production capacity of…
SSE to acquire Siemens Gamesa’s European RE development platform for €580mn
LONDON, UK: SSE Renewables has entered into an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy (RE) development platform for a consideration of €580 million. The SGRE portfolio includes c.3.9GW of onshore wind development projects – around half of which is located in Spain with the remainder across France,…
Marlowe plc buys TP Health for £14.9 million
LONDON, UK: Marlowe plc, the leader in business-critical services and software which assure safety and regulatory compliance, announces that it has acquired TP Health, a leading provider of technology-enabled Occupational Health services in the UK, for an expected enterprise value of £14.9 million. TP Health, established in 2006, is headquartered in Northampton and employs approximately…
CTS Ceramics Denmark buys Meggit A/s for £59 million
LONDON, UK: Meggitt Plc, a leading international engineering company specialising in high performance components and sub-systems for the aerospace, defence and selected energy markets, announced the disposal of Meggitt A/S to CTS Ceramics Denmark A/S for cash consideration of £59 million (DKK525million) subject to net debt and working capital adjustments. Meggitt A/S is a manufacturer…
Dubai Investments divests 50% stake in EMICOOL to Actis for $1.0bn
DUBAI, UAE: Dubai Investments has entered a deal to divest a 50% stake in Emirates District Cooling Company (EMICOOL) to Actis – a leading global investor in sustainable infrastructure, at a corporate valuation of AED 3.7bn (US$1bn) and equity valuation of AED 2.4 billion (US$ 653mn). With an extensive network in multiple geographies, the JV…
Weir Group acquires Carriere Industrial Supply Limited
LONDON, UK: The Weir Group has completed the acquisition of Carriere Industrial Supply Limited (CIS), a premier manufacturer and distributor of highly engineered wear parts and aftermarket service provider to the Canadian mining industry. Its products, which include mining buckets and lip systems, help customers increase productivity through reduced downtime and improved safety. The enterprise…