PARIS, FRANCE: TotalEnergies is doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive Manufacturer (Auto OEM) and the construction industry. TotalEnergies has inaugurated the extension of Synova in Normandy, the French leader in recycled polypropylene production. Moving the circular economy forward Plastics are…
Orano acquires Daher’s nuclear activities in Germany and United States
PARIS, FRANCE: Orano Nuclear Packages and Services (Orano NPS) has acquired Daher group’s German nuclear activities, Daher Nuclear Technologies Gmbh (DNT) and its United States subsidiary TLI Inc. The planned acquisition, which was the subject of an agreement signed on March 4, 20211, has been pending the usual authorizations, in particular with regard to foreign…
Riikka Kivimäki, CEO of Oscar Software resigns
HELSINKI, FINLAND: Riikka Kivimäki, the current CEO of Panostaja´s investment target Oscar Software, has resigned from her position and will move to other position outside the company. The Company’s Board of Directors has launched the application process for a new CEO. Riikka Kivimäki will continue in her work until the start of the new CEO,…
Akobo Minerals receives large scale gold mining license
OSLO, NORWAY: At a signing ceremony on the 30th of September 2021, Akobo Minerals received its large scale mining license from His Excellency Eng. Takele Uma – Minister for Mines and Petroleum. The award allows the company to begin mine development activities leading to eventual gold production. The ceremony at the ministry offices involved the…
DigitalX completes $1.89mn acquisition of Sell My Shares
SYDNEY, AUSTRALIA: DigitalX Limited has finalised the acquisition of Sell My Shares (www.sellmyshares.com.au), a leading online share trade execution business as announced on 16 September 2021. The company has made the upfront cash consideration payment of $1.64 million to the vendor and the deferred consideration payment of $250,000 has been transferred to a trust account…
Energy trading software provider to acquire EGSSIS for €4.25mn
SYDNEY, AUSTRALIA: Energy One, global supplier of Energy Trading and Risk Management (ETRM) software systems and services, has signed a share purchase agreement to acquire 100% of EGSSIS. The cost of acquisition is €4.25 million over 18 months. Based in Belgium, EGSSIS is an established, profitable company. The acquisition will be funded using existing facilities,…
Kalera completes &ever acquisition and remaining JV interest from Nox
OSLO, NORWAY: Kalera AS has completed the acquisition of &ever GmbH and announced the acquisition of the remaining 50% of &ever GmbH’s Kuwait joint venture. Reference is made to the announcement made by Kalera on 11 August 2021 in which the Company announced the acquisition of &ever GmbH to form a global leader in the…
Exscientia IPO priced at $304.7mn, notifies $160mn placements
LONDON, UK: Frontier IP’s portfolio company Exscientia plc has announced today the pricing of its initial public offering (IPO) of 13.85 million American Depositary Shares (ADSs) at a public offering price of $22 per ADS. Exscientia has raised gross proceeds of approximately $304.7 million. In addition, Exscientia announced the concurrent sale of an additional 7.272…
Gresham House completes acquisition of Mobeus VCT business
LONDON, UK: Gresham House, the specialist alternative asset manager, announces the completion of the acquisition of the Venture Capital Trust (VCT) business of Mobeus Equity Partners LLP, announced on 10 September 2021. Mobeus is a UK-based investment firm managing assets across two distinct client groups, one of which is the VCT business being acquired by…
David Kiddie appointed Chairman of Mattioli Woods
LONDON, UK: Mattioli Woods plc, the specialist wealth and asset management business, announced the appointment of David Kiddie as Chairman, succeeding Joanne Lake, effective from the conclusion of the handover period and receipt of regulatory approval, expected no later than 21 January 2022. David Kiddie joined the Board as a Non-Executive Director in January 2021….
Group of MNCs launch world’s largest clean hydrogen infrastructure fund
PARIS, FRANCE: TotalEnergies, Air Liquide, and VINCI, are combining forces with other large international companies to launch the world’s largest clean hydrogen infrastructure fund, a news release said. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of the…
Eddisons acquires team from Fernie Greaves Chartered Surveyors
LONDON, UK: Eddisons, the property services consultancy division of Begbies Traynor Group plc, announced the expansion of its operations in Sheffield through the acquisition of the team from Fernie Greaves Chartered Surveyors. The acquisition will expand Eddisons’ presence in South Yorkshire, which provides real estate consultancy services through its existing team headed by Adrian Lunn….