LONDON: Vp plc, the specialist equipment rental business, today announced the acquisition of a majority interest in Charleville Hire and Platform Ltd (CPH). CPH is one of Ireland’s leading, specialist powered access companies principally servicing the growing pharma, renewables, technology and food ingredient sectors. It is a family owned and run business with a strong…
Category: London Stock Exchange
News and updates from London Stock Exchange
Green Lithium and Rio Tinto to develop lithium supply chain commercial partnership
LONDON: Green Lithium, the UK-based, low-carbon lithium refinery developer, has today announced the signing of a memorandum of understanding to develop a lithium supply chain commercial partnership with Rio Tinto, the global metals processing and mining company. This agreement marks another step for both parties as they look to play a crucial role across the…
Tavistock selling subsidiary businesses to The Saltus Partnership for up to £37.75 million
LONDON: The Board of Tavistock Investments has confirmed an agreement to sell two of its subsidiary businesses, Tavistock Partners Limited (TPL) and Tavistock Estate Planning Services Limited (TEPS), to The Saltus Partnership Holdings LLP (Saltus) for up to £37.75 million. Tavistock will sell 100% of the issued share capital of TPL and TEPS to Saltus…
Mpac Group to acquire Elstar International B.V. (CSi Palletising) for €56 million
LONDON: Mpac Group plc (AIM: MPAC) announced that its indirectly wholly owned subsidiary Mpac Bidco B.V., has entered into an acquisition agreement with the sellers to conditionally acquire the entire issued share capital of Elstar International B.V. a private limited liability company incorporated under the laws of the Netherlands that operates under the name CSi…
Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion
LONDON: Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion Partners Group, the Investment Manager of Partners Group Private Equity (PGPE), has agreed to sell its majority stake in Techem, an international provider of digitally enabled solutions for the building ecosystem, to TPG and GIC, on behalf of its clients. The…
Versarien plc to sell wholly owned subsidiary, AAC Cyroma Limited to Harper Bennett Limited
LONDON: Versarien plc, the advanced materials engineering group, has completed a binding agreement for the sale of the company’s wholly owned subsidiary, AAC Cyroma Limited to Harper Bennett Limited for a total consideration of £550,000, subject to any adjustments arising from completion accounts. The consideration of £550,000 is payable in cash, in 16 equal quarterly…
Anpario Plc has acquired Bio-Vet Inc. for $7.3 million
LONDON: Anpario Plc (AIM: ANP), the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, has completed the acquisition of Bio-Vet Inc., including the land and buildings at its production facility in Barneveld, Wisconsin, United States for a total net cash consideration of up to US$7.3m. Bio-Vet is a leading producer…
Luceco plc has acquired CMD Limited for £30 million
LONDON: Luceco plc, the supplier of wiring accessories, EV chargers, LED lighting, and portable power products, has acquired CMD Limited (CMD), the market-leading manufacturer of wiring accessories for the workplace, through the acquisition of its ultimate parent company, Baltic Topco Limited, from Rubicon Partners and management for cash consideration of £30.0m, on a cash and…
TotalEnergies to acquire dry gas producing assets from Lewis Energy Group
PARIS: TotalEnergies (Paris:TTE) has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas. The acquisition of these low cost and long plateau assets further strengthens TotalEnergies’ integration across the gas value chain in…
abrdn Property Income Trust to sell abrdn Property Holdings to Golden Tree for £351 million
LONDON: abrdn Property Income Trust Limited (API) has entered into a significant agreement with GoldenTree Asset Management LP for the sale of its wholly-owned subsidiary, abrdn Property Holdings Limited (APH). This transaction includes the sale of 39 assets, representing API’s entire investment property portfolio, except for its interest in the land at Far Ralia. The…
International Public Partnerships Limited announces £30 million disposal of FHSP Investment
LONDON: International Public Partnerships Limited (INPP), a prominent infrastructure investment company, has successfully completed a partial disposal of its Family Housing for Service Personnel (FHSP) investment, generating approximately £30 million. The sale price aligns with the company’s valuation as of June 30, 2024. The FHSP investments, structured as mezzanine debt, are secured against seven operational…
Valereum Plc announces launch of VLRM Capital Management
LONDON: Valereum Plc (AQSE: VLRM) announced the launch of VLRM Capital Management Limited (VCM). VCM was incorporated in Gibraltar on the 4th of July 2024 as a 100% subsidiary of Valereum Plc and will act as director of VLRM Capital Management VSA Private Fund Limited. The fund was incorporated in Gibraltar on the 4th of…