LONDON, UK: Block Energy plc has signed an MoU with Baker Hughes, a global energy technology company. The MoU envisages multiple service awards for advanced oil and gas technology across a production-led, multi-well drilling programme. The initial project will drill a horizontal well targeting a recoverable volume estimated to be 2.1 MMboe at the WR-BA…
Apollon Formularies secures cancer treatment facility in Jamaica
LONDON, UK: Apollon Formularies plc, a fully licensed medical cannabis company with its operations in Jamaica, announced that Apollon Formularies Jamaica has signed a long-term lease for its first International Cancer Institute in the Jamaican capital, Kingston. The new facility will specialise in Complementary and Alternative Medical treatments (“CAM”), for cancer patients. These treatments will…
Elisa Markula appointed President and CEO of Oriola Corporation
HELSINKI, FINLAND: Oriola’s Board of Directors has appointed Elisa Markula as Oriola Corporation’s President and CEO. Elisa Markula will join Oriola from Tikkurila Group where she has been working since 2018 as President and CEO. She will start in her new position during the autumn 2021 on a date to be confirmed later. “Oriola’s performance…
Mode Global partners with THG plc for payments launch
LONDON, UK: Mode Global Holdings has signed an MoU with THG Plc, the proprietary technology platform specialising in taking brands direct to consumers globally, which will see THG brands offering Mode as an additional payment option for customers. Through this partnership, Mode will leverage the power of Bitcoin and Open Banking to bring an innovative…
Apax X Fund to acquire a majority ownership stake in Infogain
LONDON, UK: Apax X Fund, in which AGA is a limited partner, has signed a definitive agreement to acquire a majority ownership stake in Infogain, a Silicon Valley-based leader in digital platforms and software engineering services. The transaction is expected to close in Q3 2021, subject to customary closing conditions. On a look through basis,…
SulNOx Group signs collaboration agreement with The Hythe Group
LONDON, UK: The board of directors of SulNOx Group announced a collaboration agreement with The Hythe Group, a UK-based group specialising in the provision of premium mechanical, building, design and engineering services. This far-reaching arrangement is to bring together the unique environmental science of SulNOx and the maritime engineering skills of Hythe Marine Services (a…
Scirocco plans investment into Energy Acquisitions Group and entrance into biogas market
LONDON, UK: Scirocco Energy announced proposed investment into Energy Acquisitions Group Ltd (EAG), a specialist acquisition and operating vehicle in the sustainable energy sector. This investment of £1.2 million will be funded from current cash resources and signals the Company’s first investment as part of the Company’s revised strategy that targets opportunities within the energy…
Titan Wealth Holdings to acquire Tavistock Wealth Limited for £40 million in cash
LONDON, UK: Tavistock Investments Plc has entered a 10-year strategic partnership with Titan Wealth Holdings Limited (Titan). In addition, as a part of the arrangements Titan has agreed to acquire Tavistock Wealth Limited (TWL), Tavistock’s multi-asset manager with over £1 billion of funds under management (FUM), for a consideration of up to £40 million in…
LINK Mobility to acquire a leading US based CPaaS provider for $260 million
OSLO, NORWAY: LINK Mobility is in exclusive negotiations to acquire a leading US based CPaaS provider, to accelerate LINK’s strategic expansion into the rapidly growing CPaaS market in North America. The proposed acquisition will add an estimated NOK 232 million and NOK 143 million to LTM pro forma 1Q21 gross profit and cash EBITDA respectively….
VH Global Sustainable Energy Opportunities completes $4m acquisition in Brazil
LONDON, UK: VH Global Sustainable Energy Opportunities plc – a £243m London-listed Investment company advised by Victory Hill Capital Advisors LLP – is pleased to announce the completion of its acquisition of the first $4m tranche out of its $63m commitment. The initial tranche will fund the construction of four projects across Rio de Janeiro,…
Sound Energy signs agreement to acquire Schlumberger Silk Route Services Limited in a profit sharing deal
LONDON, UK: Sound Energy plc has entered into a sale and purchase agreement with Schlumberger Holdings II Limitedto acquire the entire issued share capital of Schlumberger Silk Route Services Limited (SSRS). Schlumberger Silk Route Services Limited (SSRS) holds a 27.5% participating interest in the Anoual and Greater Tendrara exploration permits in Eastern Morocco together with…
JLEN acquires Cramlington Renewable Energy Developments Ltd
LONDON, UK: JLEN Environmental Assets Group Limited announced the acquisition of a 100% equity stake in Cramlington Renewable Energy Developments Ltd (CRED), which owns a Biomass Combined Heat and Power plant and its underlying contracts. The acquisition of CRED, for an undisclosed amount, was made on a debt-free basis and represents JLEN’s first investment into…