LONDON, UK: Thor Explorations Ltd. has successfully expanded its mining portfolio in Senegal by acquiring significant interests in two key licenses. The company now holds up to an 85% stake in the Douta-West License and up to 80% in the Sofita License, both pivotal to the advancement of the Douta Gold Project. Key Developments: Acquisition…
Author: Bernice Miles
Nyetimber Wines and Spirits to acquire The Lakes Distillery in £46.1 million deal
LONDON: Nyetimber Wines and Spirits Group Limited has proposed a cash offer to acquire The Lakes Distillery Company plc, valuing the latter’s share capital at approximately £46.1 million. Shareholders of The Lakes Distillery are to receive 116 pence per share, with the total enterprise value estimated at £71.0 million, accounting for The Lakes’ net financial…
Fintel Plc acquires majority stakes in ifaDASH, Mortgage Brain
LONDON, UK: Fintel Plc (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, announced acquisition of 70% of ifaDASH, a reg-tech solution that assists intermediaries with running an efficient, compliant business. Company also announced a new distribution agreement with Mortgage Brain together with a minority investment by…
Aston Martin appoints Adrian Hallmark as its new Chief Executive Officer
LONDON: The Board of Aston Martin today announced the appointment of ultra-luxury automotive leader Adrian Hallmark, who will join Aston Martin as an Executive Director of the Company and its Chief Executive Officer no later than 1 October 2024. Hallmark, aged 61, will join Aston Martin from his recent position as Chairman and Chief Executive…
Johnson Matthey to sell Medical Device Components business to Montagu for $700 million
LONDON, UK: Johnson Matthey Plc (JM) has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity for cash consideration of US$700 million (£550 million) on a cash free debt free basis. The Medical Device Components business produces components for medical device manufacturers globally with a focus…
Team Internet Group agrees to acquire Shinez I.O. for $41.8 million
COMPLETION OF ACQUISITION OF SHINEZ I.O. LTD LONDON, UK: Team Internet Group (AIM: TIG) has entered into a definitive agreement to acquire the entire issued share capital of a leading online marketing business, Shinez I.O. Ltd and its subsidiaries from its current shareholders. Shinez specialises in the production and promotion of highly engaging content across…
Wickes Group to acquire 51% Gas Fast Limited, parent of Solar Fast
LONDON, UK: Wickes Group plc has agreed to acquire 51% of the issued share capital of Gas Fast Limited, the parent company of leading solar installations company Solar Fast. The Business focuses on solar panels installations, alongside a smaller business installing gas boilers. The acquisition will enable Wickes to expand its offering into the fast-growing…
Oakley Capital agrees to acquire Horizons Optical
LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire Horizons Optical, a provider of medical software used to make premium spectacle lenses. Oakley Capital Origin Fund is acquiring a majority stake in the business alongside CEO Santiago Soler, who will retain a significant share in the business and will continue to lead Horizons….
Supernova Digital Assets has acquired Hyperslot in a share exchange deal
LONDON, UK: Supernova Digital Assets (AQSE: SOL), a company specialising in the Solana ecosystem, has acquired the entire issued share capital of Hyperslot PTE Limited for a total consideration of £225,000, which is to be satisfied with the issue of 150,000,000 new Supernova Shares of £0.001 each in the company at an issue price of…
Mustang Energy signs terms to acquire Cykel AI in a share exchange deal
LONDON, UK: Mustang Energy plc and Cykel AI plc have entered into a non-binding heads of terms for Mustang to acquire the entire issued share capital of Cykel, a company incorporated in England and Wales, which is listed on the Aquis Stock Exchange Growth Market (AQSE: CYK). According to the terms, Mustang Energy will pay…
Macfarlane Group has acquired Allpack Packaging Supplies Limited
LONDON: Macfarlane Group announced the acquisition of Allpack Packaging Supplies Limited (Allpack). This earnings-enhancing acquisition further progresses Macfarlane’s strategy to build its protective packaging business through a combination of organic and acquisitive growth. A well-established business based in East Anglia, supplying protective packaging products to customers across a wide range of sectors, from its warehouse…
Advanced Medical Solutions Group signs deal to acquire Peters Surgical for €141.4 million
CLOSING OF PETERS SURGICAL ACQUISITION WINSFORD, UK: Advanced Medical Solutions Group plc (AIM: AMS), a premier innovator in the field of tissue-healing solutions, signed a deal for the intended purchase of Peters Surgical, a foremost international supplier of specialty surgical sutures, mechanical haemostasis, and internal cyanoacrylate devices. The aggregate maximum monetary compensation is set at…