LONDON, UK: FirstGroup plc announced that its wholly-owned subsidiary, First South West Limited, has acquired the remaining 50% shareholding in its Somerset Passenger Solutions Ltd (SPS) joint venture. The shares have been acquired from JJP Holdings (South West) Limited (‘JJPH’), giving FirstGroup control over the business going forward. The consideration, being funded from FirstGroup’s existing…
Småkraft acquires twelve power plants in Sweden
OSLO, NORWAY: Småkraft announced the acquisitions of twelve power plants generating 40 GWh in Mälardalen and in Hälsingland, Sweden. The acquisitions were finalized Friday 1st of October. Småkraft’s entry into Sweden extends Småkraft’s ambitious and successful strategy in the consolidation of small hydro operations. Sweden and Norway are part of the same power market, Nordpool,…
Saint-Gobain acquires RABONI Normandie in France
LONDON, UK: Saint-Gobain has completed its acquisition of RABONI Normandie, a multi-specialist distributor of construction materials on the dynamic residential renovation and energy efficiency market in France. RABONI Normandie had sales of approximately €30 million in 2020, around 12 points-of-sale, and more than 100 employees. These points-of-sale will enhance Point.P’s geographical presence in Normandy, where…
Adani Green Energy buys 5GW renewable portfolio of SB Energy India
PARIS, FRANCE: Following the completion of Adani Green Energy’s (AGEL) acquisition of 100% interest in SB Energy India from SoftBank Group Corp (80%) and Bharti Group (20%) announced on 19th May 2021, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), which holds a 20% interest in AGEL adds a net capacity of 1.4 GWp1 of projects in operation and…
discoverIE sells South African distribution business, Vertec Scientific
LONDON, UK: discoverIE Group plc announced the sale of its 100% owned South African distribution business, Vertec Scientific SA Proprietary Limited. discoverIE is a leading international designer, manufacturer and supplier of customised electronics to industry. Vertec SA, which is part of the Custom Supply division, is an importer and supplier of medical equipment and related…
Flutter appoints Amy Howe as CEO of FanDuel
LONDON, UK: Flutter Entertainment Group has appointed Amy Howe as CEO of FanDuel. Amy joined FanDuel in February 2021 as President with responsibility for leading the company’s core commercial functions across its Sportsbook, Casino, Racing, and Daily Fantasy businesses. She was appointed Interim CEO in July. Prior to joining FanDuel, Amy Howe was Global Chief…
Segun Ogunsanya begins new role as CEO
LAGOS: Airtel Africa plc, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that further to the Company’s appointment of Olusegun “Segun” Ogunsanya, as Managing Director and Chief Executive Officer, Segun has begun his new role as at 1 October 2021 and joined the Board of…
Marlowe acquires VinciWorks and Hydro-X for £84 million
LONDON, UK: Marlowe plc announced two acquisitions across its Governance Risk & Compliance (GRC) and Testing, Inspection & Certification (TIC) divisions for a combined consideration of up to £84 million, a bourse filing said. Consistent with its clearly defined strategy focused on regulated compliance service and software sectors, Marlowe is significantly advancing its Digital offering by acquiring…
Yooma Wellness acquires Japanese wellness business for $12mn
LONDON, UK: Yooma Wellness Inc. has completed the acquisition of Tokyo-based Vertex Co. Ltd. The transaction is valued at US$12million and was completed after market close on Friday, October 1. Vertex sells a range of proprietary wellness products in Japan through various home shopping networks; including QVC, Fuji TV, Nihon TV and others; as well…
Great Southern Copper plans IPO on London Stock Exchange
LONDON, UK: Great Southern Copper (GSC), the company focused on copper-gold exploration in Chile, announced its intention to float its ordinary shares on the main market of the London Stock Exchange. SI Capital Limited is acting as Financial Adviser and Broker to the Company in relation to Admission. The Company is seeking Admission with the…
John McKinstry appointed CEO of Catalyst Metals Limited
SYDNEY, AUSTRALIA: Catalyst Metals Limited announced that Mr John McKinstry, who commenced with the Company as General Manager Technical Services and Development in early September 2021, will assume the role of Chief Executive Officer effective immediately. Mr McKinstry holds a Bachelor of Engineering from University of Queensland and a Graduate Certificate in Business Administration from…
CGG completes $95mn sale of Geo Software Business
PARIS, FRANCE: CGG S.A. announced Monday the completion of the previously announced sale of CGG’s Geo Software business to Topicus.com Inc. and Vela Software for the total cash consideration of US$95 million. This transaction was effective October 1, 2021. CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a…