OSLO, NORWAY: Philippe Kavafyan has been appointed Chief Executive Officer of Aker Offshore Wind to deploy his vast experience from the wind industry to accelerate the deepwater wind developer’s growth ambitions across projects in Asia, Europe and North America, a news release said. Kavafyan’s career spans more than 30 years, including over 15 years in…
Elopak AS plans EUR 50 million IPO on the Oslo Stock Exchange
OSLO, NORWAY: Elopak AS announced its intention to launch an initial public offering of its shares and to apply for a listing on the Oslo Stock Exchange. The Board of Directors, along with Ferd, who founded and have owned Elopak for 64 years, believe that a listing of the Company’s shares on the Oslo Stock…
Lectra gets regulatory approvals for Gerber Technology acquisition project
PARIS, FRANCE: Following the expiration of the review period by the American regulatory authority, Lectra SA now has all the regulatory approvals required to finalize the acquisition project of Gerber Technology, a news release said. The shareholders will be invited to vote on the resolutions related to the transaction at the June 1, 2021 Shareholders’…
Capgemini and Orange to provide ‘Cloud de Confiance’ service
PARIS, FRANCE: Capgemini and Orange announced their plan to set up a new company named “Bleu” that will intend to provide a ”Cloud de Confiance” service which will meet sovereignty requirements of the French State, public administrations and critical infrastructure companies with unique privacy, security and resiliency needs as determined by the French State, a…
Colin Rutherford appointed Chairman of Hawthorn
LONDON, UK: NewRiver REIT Plc announced the appointment of Colin Rutherford as Chairman of Hawthorn, its community pub business, with immediate effect. Colin Rutherford currently serves on the Audit, Remuneration and Nomination Committees of NewRiver’s Board and is the Audit Committee Chairman. Colin is also Non-Executive Director and Chairman of the Audit Committee at Mitchells…
TRIG acquires two onshore wind farms in Sweden
LONDON, UK: The Board of The Renewables Infrastructure Group Limited (TRIG) has exchanged contracts to acquire a 50% interest in two onshore pre-construction wind farms, Ranasjö and Salsjö. The projects are located in central Sweden and together are referred to as Twin Peaks, with a combined capacity of 242MW. The acquisition is subject to certain…
Marlowe plc acquires Musketeer Services Limited for £3.75 million
LONDON: Marlowe plc has acquired Musketeer Services Limited, a provider of water hygiene, treatment and compliance services, for an enterprise value of £3.75 million. Founded in 1996, Musketeer is based in Surrey and employs approximately 40 staff. The acquisition provides attractive synergies with WCS Group, Marlowe’s water & air hygiene platform. For the year ended…
Amino Technologies buys Nordija for €5.3 million
CAMBRIDGE, UK: Amino Technologies plc (LON: AMO) has acquired Nordija, a Danish streaming and Pay TV platform specialist, for a total consideration of €5.3 million, a news release said. Nordija will be integrated into the Group’s 24i business. This will enhance and scale the Group’s end-to-end video streaming portfolio. Nordija brings high quality customers to…
Coro Energy sells its Italian portfolio to Dubai Energy Partners
LONDON, UK: Coro Energy plc, the South East Asian energy company, has entered into a conditional Sale and Purchase Agreement (SPA) with Dubai Energy Partners Inc. (DEPI) to dispose of the Company’s Italian portfolio for cash consideration of €300,000. Dubai Energy Partners Inc. (DEPI) is incorporated in the United States of America and is focused…
Engenco Limited acquires Eureka 4WD Training for $4.5 million
SYDNEY, AUSTRALIA: Engenco Limited (ASX: EGN) has executed an agreement to acquire all of the shares of Eureka 4WD Pty Ltd for a consideration of $4.5 million, a news release said. The acquisition is subject to standard conditions precedent for transactions of this nature and is expected to complete on 1 July 2021. Eureka is…
Seadrill Limited appoints Chief Operating Officer and Chief Financial Officer
HAMILTON, BERMUDA: Seadrill Limited announced the appointment of Grant Creed as Chief Financial Officer and Leif Nelson as Chief Operating Officer, both effective immediately. Grant is an experienced senior finance executive who joined Seadrill in 2013 and, prior to his appointment as Chief Financial Officer, was Chief Restructuring Officer leading Seadrill’s capital restructuring. During his…
Air New Zealand gets 5 more months of government assistance on cargo flights
AUCKLAND, NZ: Air New Zealand has been awarded an additional five months of cargo flights under the Government’s Maintaining International Air Connectivity (MIAC) scheme, a news release said. The MIAC scheme was announced by the Government in March 2021, following the success of the International Air Freight capacity (IAFC) scheme, to ensure a predictable and…