SYDNEY, AUSTRALIA: Alloggio Group Limited, a leading operator of short-term rental accommodation (STRA) in Australia, has executed a binding agreement to acquire holiday property management business Accom Noosa and the management rights to Fairshore and Noosa International Resort for $4.5 million. The strategic acquisitions relate to: Accom Noosa, established in 1973 and managing over 50…
Category: Australian Exchange
Finance, Insurance, Banking, Forex, Equity Markets, Australian Exchange (ASX)
Jumbo Interactive to acquire UK’s lottery manager, StarVale
SYDNEY, AUSTRALIA: Jumbo Interactive Limited (ASX:JIN) has entered into an agreement to acquire StarVale Group, through a newly incorporated wholly-owned entity, Jumbo Interactive UK Ltd. StarVale is a leading UK External Lottery Manager (ELM) and digital payments company, and the acquisition aligns with Jumbo’s strategy to build scale in its Managed Services and Software-as-a-Service (SaaS)…
Australia’s 1st Group to acquire Visionflex Limited
SYDNEY, AUSTRALIA: 1st Group, the Australian digital health group, announced its proposed acquisition of Visionflex Limited, a rapidly growing Australian-based international provider of integrated proprietary telehealth software and diagnostic devices that interface with most existing Medical Record and Medical Practice systems. Klaus Bartosch, Managing Director for 1st Group said today, “our vision is to simplify…
Steven Michael appointed MD & CEO of Vimy Resources Limited
SYDNEY, AUSTRALIA: Vimy Resources Limited announced the appointment of Steven Michael to the position of Managing Director and Chief Executive Officer (CEO). Mr Michael has served as the Company’s Interim CEO since August 2021 and was instrumental in achieving substantial commencement of the Mulga Rock Project (MRP). Mr Michael joined the Vimy Board as an…
MCS Services acquires traffic management firm, Highways Traffic
SYDNEY, AUSTRALIA: MCS Services Limited has signed a Binding Terms Sheet for the acquisition of 100% of the share capital of Highways Traffic Pty Ltd, a premier provider of trained Traffic Management manpower and assets in Western Australia. The acquisition allows MCS Services to bring to bear its core management strengths into a separate market…
Fortescue Metals to acquire Williams Advanced Engineering for £164mn
PERTH, AUSTRALIA: Fortescue Metals Group has entered into a share sale and purchase agreement to acquire 100 per cent of Williams Advanced Engineering Limited (WAE) from private equity firm EMK Capital and Williams Grand Prix Engineering Limited for £164 million. The transaction is expected to conclude by the end of March 2022, subject to the…
Group 6 Metals appoints Keith McKnight as Chief Executive Officer
SYDNEY, AUSTRALIA: Group 6 Metals announced appointment of Keith McKnight as Chief Executive Officer, through a consultancy agreement with Dara Advisory Pty Limited (Consultant) effective 24 January 2022. Mr McKnight joins Group 6 Metals with over 22 years of mining and resources project delivery and company management experience in Australia and overseas in the areas…
ABx Group appoints Dr Mark Cooksey as CEO
SYDNEY, AUSTRALIA: ABx Group Limited has appointed Dr Mark Cooksey as its new CEO to lead the company through major transformations in 2022. ABx Group is an emerging hi-technology and explorer-developer company that commenced a series of transformative developments in late 2021 that have been strongly supported by shareholders in recent capital raisings in late…
Tony McKenna appointed MD & CEO of Midway Limited
SYDNEY, AUSTRALIA: Midway Limited announced its new Managing Director and Chief Executive Officer, Tony McKenna, has commenced work with the company. Mr McKenna’s appointment follows the decision of the previous Managing Director and Chief Executive Officer, Mr Tony Price, to step down after six years in the role so that he can pursue non-executive roles….
BetMakers appoints Christian Stuart as CEO of North America
SYDNEY, AUSTRALIA: BetMakers Technology Group announced the appointment of Christian Stuart in the key role of Chief Executive Officer of North America. For the past 16 years, Christian has been a frontrunner in the US gaming industry, holding executive leadership positions with Caesars Entertainment Inc., the largest gaming company in the U.S. Christian’s previous roles…