LONDON, UK: The Panoply Holdings has acquired entire issued and to be issued ordinary share capital of Nudge Digital Limited, a news release said. Nudge digital is a digital services agency which delivers strategy-led services primarily to the pharmaceutical industry, health sector and, more recently, to local authorities, with a particular focus around care pathways….
Supreme plc acquires brands of SCI-MX Limited
LONDON, UK: Supreme Plc announced the acquisition of the brands of SCI-MX Nutrition Limited, a leading sports nutrition and supplements business. As part of the Acquisition, Supreme has purchased £1.3 million of stock of SCI-MX and PRO2GO products. The Acquisition will be funded from the Group’s existing cash resources. The Acquisition adds a number of…
Drax Group acquires 20% stake in Alabama Pellets for $29.7 million
LONDON, UK: Drax Group has agreed to acquire a 20% minority interest in Alabama Pellets LLC – the joint venture which owns the Demopolis and Aliceville pellet plants – from The Westervelt Company for $29.7 million cash consideration, a news release said. The acquisition will increase the Group’s interest in Alabama Pellets to 90% and…
DP World acquires syncreon for an enterprise value of $1.2 billion
DUBAI, UAE: DP World announced the acquisition of 100 per cent of syncreon for an enterprise value of $1.2 billion. This transaction is subject to customary completion conditions and is expected to close in 2H2021. syncreon is a US based global logistics provider that specializes in the design and operation of complex supply chain solutions…
Fitch revises Platform Housing Group’s outlook to stable
LONDON, UK: Fitch Ratings has revised Platform Housing Group’s outlook to stable, a news release said. Platform Housing Group has experienced a favourable ratings change. The new rating, A+ (stable outlook) (formerly A+ (negative outlook), reflects a similar amendment to the UK Sovereign rating. The revision to the Sovereign rating reflects the stronger resilience of…
Clinigen Group signs agreement to divest its UK compounding business for £7.75 million
LONDON, UK: Clinigen Group plc announced the disposal of its non-core UK Specials manufacturing and Aseptic compounding business to Target Healthcare Ltd for a total consideration of up to £7.75 million. The compounding business sourced and manufactured specific unlicensed medicines referred to as ‘specials’ in a range of formulations for supply across the UK market…
Bermele Plc agrees to acquire New Zealand based East Imperial for £24.45 million
LONDON, UK: Bermele Plc has conditionally agreed to acquire East Imperial for an aggregate consideration of £24.45 million, a news release said. East Imperial, founded in New Zealand in 2012, produces and markets a line of ultra-premium beverages that are currently sold throughout the Asia-Pacific and the United States of America. East Imperial’s range utilises…
Nemesis Asset Management announces launch of Nemesis Cyber One
LONDON, UK: Nemesis Asset Management LLP announced the launch of Nemesis Cyber One an actively managed certificate focused exclusively on cyber security companies. This project is the result of a partnership and advisory agreement between Nemesis Asset Management and Mr. Mihai Ivascu, CEO of Modex. The global cyber warfare is playing an increasingly important role in the current…
MobilePay, Vipps and Pivo merge to create Europe’s most comprehensive digital wallet
OSLO, NORWAY: Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo. The banks behind Vipps will own 65% of the new parent company, Vipps AS, Danske Bank will own 25%…
CSAM Health Group acquires Optima Corporation for $2.75 million
OSLO, NORWAY: CSAM Health Group AS has signed a deal to acquire eHealth player Optima Corporation Ltd from USA-based R1 RCM in a $2.75 million cash deal, a news release said. With the acquisition of Optima Corporation, CSAM Health Group will bring market-leading Optima products, impressive customer base and skilled teams in Auckland, New Zealand,…
Norway’s new airline Flyr makes debut flight
OSLO, NORWAY: The airline Flyr’s first ever commercial flight took off from Oslo Airport on Wednesday at 11:30am, headed to the city of Tromsø. Minister of Transport Knut Arild Hareide took part in the celebration, a news release said. “We have been looking forward to this day for months now. Today’s milestone would not have…
Bergen Carbon Solutions signs cooperation and supplier with Jackon AS
BERGEN, NORWAY: Bergen Carbon Solutions AS announced a Letter Of Intent (LOI) with Jackon AS (Jackon) for a carbon nano-fiber cooperation and a potential EcoNano supplier agreement, a news release said. “We´re excited to announce an LOI with Jackon, highlighting the strong interest for Bergen Carbon Solutions’ green carbon-nanofiber product across industries. Under the LOI…