LONDON: Restore plc (AIM: RST), the UK’s leading provider of secure and sustainable business services for data, information, communications and assets, today announced the acquisition of Synertec (Holdings) Ltd, a document management business, for an initial cash consideration of £22 million plus deferred cash consideration based on Synertec’s future profits. Synertec was founded in 1999 and is…
Category: London Stock Exchange
News and updates from London Stock Exchange
Sirius Real Estate acquires Chalcroft Business Park for £36.5 million
LONDON: Sirius Real Estate, a leading owner and operator of branded business and industrial parks in Germany and the U.K., has acquired Chalcroft Business Park in Southampton for £36.5 million. This acquisition follows their £152 million capital raise last July. Chalcroft Business Park spans 56 acres and includes 267,073 sq ft of warehousing space, 126,511 sq…
Investor increases stake in Zimbabwe’s Muchesu Coal Project
LONDON: Contango Holdings Plc, a company committed to maximizing the value of the +2 billion tonne Muchesu coal project in Zimbabwe, announced that an entity controlled by a director of Huo Investments (Pvt) Limited has acquired a 6.502% stake in Monaf Investments (Private) Limited from a local minority shareholder. This transaction does not affect Contango’s interest in…
All Things Considered Group expands holdings with acquisitions of Brighton Venues
LONDON: The Board of All Things Considered Group plc (AQSE: ATC), an independent music company, has announced the acquisition of majority interests in two prominent Brighton-based music venues, Concorde 2 and Volks, along with associated festival amenities company JTR Productions Ltd. The acquisitions, made through ATC’s subsidiary Joy Entertainment Group Ltd, include an 80% stake in Concorde…
Cake Box Holdings to acquire Ambala Foods in £22 million deal
LONDON: Cake Box (AIM:CBOX), the UK’s largest retailer of fresh cream celebration cakes, has conditionally agreed to acquire Ambala Foods Limited for a total consideration of £22 million. The acquisition includes £16 million for Ambala and £6 million for Ambala’s manufacturing facility in Welwyn Garden City. To partially finance the acquisition, Cake Box plans a placing…
IP Group’s Hinge Health to go public: Files IPO prospectus with SEC
LONDON: IP Group plc, which invests in breakthrough science and innovation companies, announced that its portfolio company Hinge Health Inc. has filed its IPO prospectus with the US Securities and Exchange Commission. IP Group, the founding investor in Hinge Health, holds a 1.8% stake in the company, valued at £34.2m as of 30 June 2024. Hinge…
Domino’s Pizza Group appoints Ian Bull as Chair
LONDON: Domino’s Pizza Group Plc announced the appointment of Ian Bull as Chair. Ian replaces Matt Shattock who has informed the Board of his wish to step down from the role. Matt will step down following the Annual General Meeting on 24 April 2025, at which point Ian will become Chair. Ian is currently Senior Independent Director…
Rotork plc agrees to acquire Noah Actuation for £44 million
LONDON: Rotork plc, the market-leading global provider of mission-critical intelligent flow control solutions, announced that it has agreed to acquire Noah Actuation for an enterprise value of £44 million. Noah is a leading South Korean manufacturer of electric actuators. Headquartered in Seoul, Noah employs around 80 people and aligns with Rotork’s end markets and key target…
CareTrust REIT to acquire CRT plc in a £448 million deal
CareTrust REIT Inc and CRT plc have reached an agreement, wherein CareTrust will acquire CRT Plc at approximately £448 million, representing a premium of 32.8% to the closing price per CRT plc share of 81.3 pence on March 10, 2025. Under the acquisition terms, CRT plc shareholders registered at the Scheme Record Time, excluding Sanctions Disqualified…
NWF Group has acquired Northern Energy Oil Limited
LONDON: NWF Group plc, the specialist distributor, announces it has acquired 100 per cent of the issued share capital of Northern Energy Oil Limited. This is in line with the Group’s strategy to grow its fuels distribution business through consolidation, which represents the third largest operation in the United Kingdom. Northern Energy Oil is a…
Zotefoams announces expansion plans in Asia
LONDON: Zotefoams, a global leader in supercritical fluid foam technology, has unveiled plans to expand its manufacturing and innovation capabilities with new facilities in Vietnam and South Korea. This strategic investment aims to bolster its presence in the athletic footwear market, where the company has built a strong partnership with Nike, contributing to annual revenues…
Smarttech247 and Sure Ventures agree to sell Getvisibility
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, has agreed to sell its entire unquoted minority position in Visibility Blockchain Limited to Forcepoint, a global leader in data and cloud security. The disposal is expected to generate a gross cash…