LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire a majority stake in Alerce, a leading Spanish provider of transport and logistics software solutions. Origin will invest alongside Alerce’s founding family, including CEO Pablo Pardo Garcia, who will retain a significant stake in the business, underscoring their continued commitment to the company’s success….
Category: London Stock Exchange
News and updates from London Stock Exchange
Frasers Group divests Missguided IP to SHEIN
LONDON, UK: Frasers Group has divested the IP of Missguided to SHEIN, in line with its disciplined approach to managing its portfolio of brands. Under the terms of the transaction, SHEIN will acquire the IP and trademarks of Missguided, whilst the Group will retain Missguided’s real estate and employees which have now been integrated into…
Premier Foods has acquired FUEL10K for upto £34 million
LONDON, UK: Premier Foods has acquired FUEL10K, a vibrant Breakfast brand, with a portfolio of granola, oats and drinks products, as the Group significantly expands its presence in the breakfast meal occasion. FUEL10K is a differentiated, protein enriched Breakfast brand. The acquisition substantially increases Group’s position in the breakfast category, building on success of Ambrosia…
Ascential plc to sell its Digital Commerce and Product Design businesses for £1.4 billion
LONDON, UK: Ascential plc has entered into agreements to sell its Digital Commerce business to Omnicom Group Inc., and its product design business (WGSN) to Wind UK Bidco 3 Limited, a newly-formed company established by funds advised by Apax Partners LLP for a combined enterprise value of £1.4 billion and cash proceeds of £1.2 billion….
Intuitive Investments Group agrees to acquire Hui10 Inc. at a valuation of $365 million
LOPNDON, UK: Intuitive Investments Group plc (IIG) has agreed, at a valuation of $365 million, to acquire in the entire issued share capital of Hui10 Inc. in exchange for the issue of 1.911 billion new ordinary shares in Intuitive Investments Group to vendor shareholders of Hui10, a statement said. This investment is in accordance with…
Apax Funds acquire GAN Integrity
LONDON, UK: On 26 October 2023, the Apax Global Impact Fund (AGI), in which AGA is a limited partner, announced that it had acquired GAN Integrity, a leading provider of technology that enables proactive, integrated, real-time management and monitoring of third-party and employee risk, ethics and compliance. Founded in Denmark in 2004, GAN Integrity provides…
Intelligent Safety Electronics offers to acquire FireAngel Safety Technology for £27.68 million
LONDON, UK: Intelligent Safety Electronics (ISE) has agreed to acquire all shares of FireAngel Safety Technology Group not already owned or controlled by ISE at the rate of 7.40 pence per FireAngel Share. The offer values the total issued and to be issued share capital of FireAngel at approximately £27.68 million. ISE is a company…
Renew Holdings has acquired T.I.S. Cumbria for £4.7 million
LONDON, UK: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that it has acquired the entire issued share capital of T.I.S. Cumbria Ltd (“TIS”), for a total cash consideration of £4.7 million. Based in Cumbria, TIS is a leading nuclear manufacturing and fabrication specialist….
Van Elle Holdings to acquire Rock and Alluvium Limited for £3.8 million
LONDON, UK: Van Elle Holdings plc (AIM: VANL), the UK’s largest ground engineering contractor, has agreed to acquire the entire issued share capital of Rock and Alluvium Limited, a leading UK based piling specialist, for a total consideration of up to £3.8m on a cash-free, debt-free basis, subject to completion accounts. Based in Leatherhead, Rock…
Pizza Express eyes rival bid for Wagamama owner, The Restaurant Group
LONDON: Pizza Express, the debt-laden restaurant chain, has asked for due diligence from The Restaurant Group PLC (TRG), the owner of Wagamama and other brands. This could lead to a rival offer for TRG, which has already agreed to a £500 million takeover by Apollo Global Management. Wheel Topco, the entity that controls Pizza Express,…
Lorna Blaisse appointed CEO of Helium One Global
LONDON, UK: Helium One Global (AIM: HE1) announced the appointment of Lorna Blaisse, currently Principal Geologist at Helium One, as CEO of the Company with immediate effect and, following completion of the required AIM regulatory due diligence, it is intended that Lorna be appointed as a Director of the Company. The primary helium explorer in…
SatoshiPay’s Pendulum raises $5 million
LONDON, UK: SatoshiPay has announced that Pendulum, its smart contract network dedicated to connecting fiat payment networks to decentralised finance (DeFi) networks, has raised $5 million in an oversubscribed private sale round of its upcoming PEN token from strategic partners. The funds raised will be used to continue the development of Pendulum. Pendulum is an open-source…