LONDON, UK: Graft Polymer (UK) plc (LSE:GPL), the specialty chemicals company, has signed a 12-month R&D and Supply agreement with Vilher, a Mexican company that works with Wood Plastic Composite, Plastic Recycling, and High-Performance Compounds. The two companies have been collaborating on various modified polymer projects using Graft’s GRAFTABOND product, which is leading the field…
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Venatus and Bidstack join forces to offer exclusive in-game advertising across six markets
LONDON, UK: Venatus Media Limited (“Venatus”), the leading gaming & entertainment publisher monetisation and advertising platform, and Bidstack Group Plc (AIM: BIDS), the in-game advertising and video game monetisation platform, today announce a commercial partnership that will grant Venatus exclusive access to Bidstack’s vast video game advertising inventory across six key global markets. Venatus is…
Smiths Group acquires US-based Heating & Cooling Products (HCP) for $82 million
LONDON, UK: Smiths Group plc, a leading industrial technology company, has acquired Heating & Cooling Products (HCP), a US-based manufacturer of Heating, Ventilation & Air Conditioning (HVAC) solutions. The addition of HCP will further expand Smiths Group’s presence in the North American HVAC market, enabling Smiths to serve customers with an even broader product range,…
ARCHIMED SAS offers to acquire Instem plc for £203 million
LONDON, UK: Ichor Management Limited, controlled by ARCHIMED SAS, has made an offer to acquire Instem plc at the rate of 833 pence in cash valuing the entire issued and to be issued ordinary share capital of Instem at approximately £203 million. Instem is a market leading provider of workflow, data and IT solutions across…
Direct Line Group appoints Adam Winslow as Chief Executive Officer
LONDON, UK: Direct Line Group announced that Adam Winslow is to be appointed as Chief Executive Officer of the Company, subject to regulatory approval. It is expected that he will take up the role as Direct Line Group Chief Executive Officer in Q1 2024 succeeding Jon Greenwood who has been Acting CEO since January 2023….
Manawa Energy CEO Dr. David Prentice resigns, interim replacement appointed
SYDNEY, AUSTRALIA: Manawa Energy, New Zealand’s largest independent power producer, has announced the resignation of its Chief Executive Dr David Prentice, effective from 8th September 2023. Dr Prentice has led the company through the sale of the Trustpower retail business in 2022 and the subsequent rebranding to Manawa Energy, as well as the development of…
Bunzl plc announces two acquisitions in Europe
LONDON, UK: Bunzl plc, the specialist international distribution and services Group, has announced two acquisitions in Europe, expanding its presence in Poland and the Benelux region. The Group has signed an agreement to acquire Safety First, one of the largest distributors of Personal Protective Equipment products in Poland, and also acquired EcoTools.nl, a Netherlands based…
Belvoir Group expands financial services portfolio with strategic acquisitions
LONDON, UK: Belvoir Group, a prominent UK property franchise and financial services Group, continues its growth trajectory with the acquisition of MAB (South West) Ltd (“MAB SW”), a financial services business, as part of its ongoing expansion strategy. This follows the earlier acquisition of BMA Bristol Limited (“BMA”) in June 2023, solidifying the Group’s commitment…
Literacy Capital achieves impressive return with successful investment sale
LONDON, UK: Literacy Capital has achieved a major milestone by divesting a significant investment, delivering substantial gains for shareholders and boosting its cash reserves for future ventures. The successful transaction has generated a remarkable return for shareholders, exceeding 10 times the initial capital investment. Valuing Literacy’s stake at over a 50% premium compared to the…
Star Energy acquires majority stake in A14 Energy, expanding into geothermal sector
LONDON, UK: Star Energy has successfully acquired a 51% controlling stake in A14 Energy Limited, a notable player in the geothermal energy field. This acquisition aligns with Star Energy’s strategy to transform into a geothermal developer, owner, and operator, while also providing entry into the electricity generation sector. A14 Energy, via its Croatian subsidiary IGeoPen,…
Standard Chartered to sell global aviation finance leasing business for $0.7 billion to AviLease
LONDON, UK: Standard Chartered Group has signed agreements dated 28 August 2023 for the sale of its global aviation finance leasing business (through the sale of shares in relevant subsidiaries and minority equity interests held by the Standard Chartered Group engaged in such business) for an initial total cash consideration of US$0.7 billion to Aircraft…
Zenith Energy has acquired control of Cyber Apps World Inc.
LONDON, UK: Zenith Energy Ltd. has acquired control of Cyber Apps World Inc. (CYAP) by way of a Securities Purchase Agreement (SPA) signed with Janbella Group LLC. Zenith has acquired 100,000 Series A Preferred Shares in CYAP from the Seller, representing 99.87% of its current total voting rights. The purchase price agreed under the terms…