SYDNEY, AUSTRALIA: Trajan Group Holdings (ASX: TRJ) has entered into a binding agreement to acquire the business of LEAP PAL Parts and Consumables LLC (LPP), based in USA for $7.7 million, with a planned Completion date of 30th December 2021. LPP is expected to achieve calendar year 2021 revenues of $7.4 million and a normalized…
Valneva SE to supply one million Covid vaccine VLA2001 to Bahrain
SAINT-HERBLAIN, FRANCE: Valneva SE (Nasdaq: VALN) signed an advance purchase agreement with the Kingdom of Bahrain for the supply of one million doses of the company’s inactivated COVID-19 vaccine candidate VLA2001. This is the second purchase agreement Valneva has secured for VLA2001 since reporting positive data for its Phase 3 clinical trial Cov-Compare. VLA2001 is…
TotalEnergies to install and operate 800 new EV charge points Belgium
PARIS, FRANCE: TotalEnergies has won a call for tenders from the municipality of Ghent, Belgium’s third largest city, for the installation and operation of electric vehicles public charging stations, with 800 new public charge points by 2025. With this agreement, the city of Ghent will enhance its public network for EV. These new charging stations,…
Yngve Slyngstad appointed CEO of Aker Asset Management
OSLO, NORWAY: Aker ASA has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management (AAM), a news release said. Yngve Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company’s industrial holdings. “Aker and Aker Horizons have worked…
Liontrust to acquire Majedie Asset Management for £120mn
LONDON, UK: Liontrust Asset Management has entered into a conditional sale and purchase agreement to acquire the entire issued share capital of Majedie Asset Management Limited for a total consideration of up to £120 million. Majedie is a well-established, UK-based asset management firm with a long-term pedigree in Institutional fund management, an area of increasing…
Worldline acquires 80% stakes in Eurobank Merchant Acquiring
BEZONS, FRANCE: Worldline has signed a binding agreement for the acquisition of 80% of Eurobank Merchant Acquiring activities, one of the main acquirers in Greece with a c. 20% market share. Worldline is the European leader in the payments and transactional services industry. Gilles Grapinet, CEO of Worldline, said: “I am very proud to announce…
Tesserent buys Pearson Corporation and Claricent for a total of $24.3mn
MELBOURNE, AUSTRALIA: Tesserent Limited (ASX: TNT) announced the strategic acquisition of Pearson Corporation Pty Ltd and Claricent Pty Ltd with the signing of two separate Share Purchase Agreements with the respective vendors. Enterprise value of Pearson Corporation is $21.5 million, and $2.8 million for Claricent. These acquired businesses will immediately integrate into Tesserent’s North Security…
Close the Loop acquires seafood packaging firm, Oceanic for $4.0mn
MELBOURNE, AUSTRALIA: Close the Loop Limited (ASX: CLG) has acquired leading seafood bulk commercial packaging provider, Oceanic Agencies Pty Ltd. Oceanic Agencies is a Queensland-based business and a major Australian supplier providing both packaging and materials handling for the aquaculture, wild caught and post-harvest sectors of the seafood industry. Oceanic supplies some of the largest…
Alcidion Group to acquire Silverlink PCS Software for £33mn
MELBOURNE, AUSTRALIA: Alcidion Group Limited has signed a binding share purchase agreement (SPA) to acquire 100% of the issued capital in Silverlink PCS Software Ltd. The acquisition price for Silverlink is £30 million (A$55.5m) upfront in cash, with a further £3 million (A$5.5m) subject to earn-out based on successful renewal of select customers prior to…
IMCD China acquires Syntec
ROTTERDAM, THE NETHERLANDS: IMCD China has signed an agreement to acquire 100% of the shares of Shanghai Syntec Additive Limited and Shanghai Weike Additive Limited (jointly Syntec). “The personal care market is an integral part of IMCD China’s growth strategy,” remarked Andreas Igerl, Managing Director of IMCD China. “With this acquisition, we now can accelerate…
Austin Engineering wins 5-year contract with Rio Tinto
SYDNEY, AUSTRALIA: Austin Engineering Limited (ASX: ANG) signed a five-year mining products and service supply contract with Rio Tinto Services Ltd (Rio Tinto). Austin Engineering is a global leader in mining equipment, design and manufacture. The contract is for the supply of dump bodies, lightweight trays for ore trucks, heavy machinery buckets, water bodies and…
Ashley Jones appointed CEO of Bryah Resources
SYDNEY, AUSTRALIA: Bryah Resources Limited (ASX: BYH) announced Mr Ashley Jones has been appointed as Chief Executive Officer (CEO) of Bryah Resources Limited, effective immediately. Mr Brian Davis has been appointed to the Board as Non-Executive Director, joining existing directors Mr Ian Stuart and Mr Leslie Ingraham. Ashley Jones has been responsible for the technical…