AMSTERDAM: HEINEKEN has sold its shareholding in Brasseries, Limonaderies et Malteries S.A. (“Bralima”) its operating company in the Democratic Republic of Congo (“DRC”) to ELNA Holdings Ltd. The new owner will assume full responsibility for Bralima’s operations, including production, distribution,…
LONDON: The Board of Eleco plc (AIM: ELCO), the specialist software provider for the built environment, has sold its wholly owned subsidiary Veeuze GmbH, a German-based visualisation business, to 3A Consult UG via a management buy-out. The Board believe that…
KARACHI: Pakistan’s oil marketing companies (OMCs) are poised to report a sharp jump in third-quarter earnings on the back of forced inventory gains from a dramatic spike in global petroleum prices, according to a research note by Insight Securities (ISL)…
BERLIN: Warburg Pincus, the pioneer of private equity global growth investing, today announced the commencement of a dedicated European defence investment platform, reflecting the firm’s view that the sector is benefiting from sustained structural tailwinds and long-term policy support across…
BOSTON: Wasabi Technologies, the hot cloud storage company, today announced it has acquired the Lyve Cloud business from Seagate Technology (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate received equity in Wasabi…
STOCKHOLM: After 15 years as CEO of engcon, Krister Blomgren has agreed, after discussions with the company’s board, to leave the role as CEO. engcon’s board has also decided to appoint Stig Engström, engcon’s founder, as the company’s new CEO….
Stockholm: Karnell Group AB (publ) has acquired flex7 Ltd, a UK-based designer and manufacturer of modular lighting connection and control systems for commercial and public buildings. The company generates annual revenues of approximately GBP 9 million with strong profitability. Founded…
NEW YORK: Hawkeye Systems Inc. (OTC: HWKE), a technology holding company, said that an investment group led by crypto industry veteran David Wachsman has acquired a controlling interest in the firm, setting the stage for a strategic overhaul into a…
ROCHESTER: Transcat Inc. (Nasdaq: TRNS), a leading provider of test measurement, control and calibration, today announced the acquisition of SCM Metrology and Laboratories S.A. (SCM), a privately-held calibration services provider based in Costa Rica. The transaction closed effective April 9,…
CHICAGO: Pello Companies LLC, an open finance innovation firm, has agreed to acquire ByAllAccounts, a financial data aggregation technology provider, from Morningstar Inc. (Nasdaq: MORN). Financial terms were not disclosed. The deal, expected to close in the first half of…
LAKE FOREST: Assertio Holdings, a drug company, has agreed to be bought by another company called Garda Therapeutics. Under the deal, Garda will pay $18 per share in cash. That adds up to a total of $125.1 million. Shareholders will…
BOSTON: A company called Dynatrace, which helps businesses monitor their computer systems, says it is buying another company named Bindplane. The deal is meant to help companies deal with a modern problem: too much data. As more businesses use cloud…