LONDON, UK: Marlowe plc has acquired IMSM Holdings Limited and International Management Systems Marketing Limited, a leading ISO certification and quality management provider, for an expected enterprise value of £17.4 million. Established in 2004 and headquartered in Wiltshire, UK, IMSM provides ISO auditing and certification services to approximately 5,000 UK and international clients. This acquisition…
Author: Bernice Miles
888 Holdings appoints Per Widerström as new CEO
LONDON, UK: 888 Holdings, one of the world’s leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, today announces the appointment of Per Widerström as Chief Executive Officer (“CEO”), with effect from 16 October 2023. Per has more than 17 years of experience in the online gaming industry,…
3i Infrastructure to sell its 25% stake in Attero for €215 million
LONDON, UK: 3i Infrastructure plc intends to sell its c.25% stake in Attero, one of the largest waste treatment and recycling companies in the Netherlands, to Ardian Infrastructure. Ardian Infrastructure intends to purchase 100% of Attero from 3i Infrastructure and its co-investors (funds managed by DWS (c.50%), and other funds managed by 3i Investments plc…
Ørsted divests its remaining 25 % share of London Array for GBP 717 million
LONDON, UK: Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25 % minority interest in the London Array Offshore Wind Farm in the UK. The total value of the transaction is GBP 717 million (DKK 6.17 billion)….
Ariana Resources announces IPO plans for its copper-gold subsidiary Venus Minerals
LONDON, UK: Ariana Resources plc has announced that its subsidiary Venus Minerals Limited, which holds a portfolio of copper-gold assets in Cyprus, is preparing to list on AIM in the third quarter of 2023. Venus, in which Ariana currently has a 58% stake, is planning to raise up to £3 million from new investors as…
GSTechnologies to buy Canadian MSB licence holder PAYPT Finance
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into a legally binding sale and purchase agreement to acquire the entire issued share capital of PAYPT Finance Ltd, a Canadian company holding a Canadian Money Services Business (MSB) licence, a statement noted. The acquisition is subject to approval by the Financial Transactions and Reports Analysis Centre…
NWF Group buys Kent fuel distributor,Geoff Boorman Fuels, for £2.6 million
LONDON, UK: NWF Group plc, the specialist distributor of fuel, food, and feed across the UK, has announced that it has bought Geoff Boorman Fuels, a fuel distributor based in Edenbridge, Kent, for £2.6 million in cash. The deal is the second fuels acquisition by NWF in the last 12 months, following the purchase of…
National Grid sells UK gas business to Macquarie-led consortium for £0.7 billion
LONDON, UK: National Grid has agreed to sell another 20% stake in its UK gas transmission and metering business (National Gas) to a group of long-term infrastructure investors led by Macquarie Asset Management (the “Consortium”). The deal is worth about £0.7 billion and is on the same financial terms as the original 60% sale, which…
Kingspan acquires majority stake in Steico, the world leader in natural insulation
LONDON, UK: Kingspan Group plc, the global leader in high performance insulation and building envelope solutions, announced today that it has agreed to buy c.51% of the shares of Steico SE, the world leader in natural insulation and wood-based building envelope products, for EUR35 per share, with an option to buy a further c.10% of…
Entain plc has acquired Angstrom Sports in a £122 million deal
LONDON, UK: Entain plc (LSE: ENT) announced the acquisition of Angstrom Sports for a total consideration of £81 million plus contingent payments totalling a maximum of £122 million, payable over three years. Angstrom Sports is a specialist provider of next generation sports modelling, forecasting and data analytics. Its simulation-based predictive modelling creates highly sophisticated pricing…
Aukett Swanke acquires smart workplace systems distributor Anders+Kern
LONDON,UK: Aukett Swanke (AIM: AUK), the group providing Smart Buildings, Architectural and Design Services, has announced the acquisition of Anders+Kern, a distributor of smart workplace systems, for up to £560,000. The acquisition is part of Aukett Swanke’s strategy to expand its expertise and revenues in the Smart Buildings sector, which uses technology to improve the…
XPS Pensions Group sells National Pensions Trust to SEI for £42.5 million
LONDON, UK: XPS Pensions Group plc, a leading UK pensions consultancy and administration firm, has announced that it has agreed to sell its National Pensions Trust (NPT) business to SEI, a global provider of investment management and technology solutions, for up to £42.5m. The deal, which is subject to regulatory approval, will create a strategic…