AUCKLAND, NEW ZEALAND: The Warehouse Group has become a cornerstone shareholder in ZOOM Health Limited, news release said. ZOOM is a health technology company and shareholder in ZOOM Care Limited, an online pharmacy delivering prescription medicine to patients. The Warehouse Group CEO Nick Grayston says that such a service is crucial for New Zealanders, particularly…
AMPD Ventures forms European subsidiary, engages with Equinix Inc.
VANCOUVER, BRITISH COLUMBIA: AMPD Ventures Inc. has formally established a European subsidiary, AMPD Technologies (Europe) Limited, and has entered into an agreement with Equinix Inc (NASDAQ: EQIX), the world’s largest data centre and colocation infrastructure, in anticipation of the global rollout of its AMPD Virtual Studio offering. AMPD specializes in providing high-performance computing and cloud…
AI/ML Innovations announces listing on Frankfurt Stock Exchange
FRANKFURT, GERMANY: AI/ML Innovations Inc., a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is now listed for trading on the Frankfurt Stock Exchange. AI/ML Innovations Inc. is now listed on the Frankfurt Stock Exchange (also known as the Deutsche Boerse AG), one of the largest stock exchanges…
Serrala secures strategic investment from Hg
HAMBURG, GERMANY: Serrala, a fast-growing global financial automation and B2B payments software company, has secured a majority investment from Hg, a leading global software and services investor. Following the transaction, Serrala’s CEO Sven Lindemann and existing investor, Waterland, will continue to support the business and remain as significant minority shareholders in the business. Founded in…
LINK Arkitektur to design construction city in Norway
OSLO, NORWAY: Multiconsult subsidiary LINK Arkitektur has entered into an agreement with Construction City Bygg AS to design the business cluster Construction City in Oslo, Norway. Total contract value for LINK Arkitektur is NOK 63 million. The contract is the continuation of a process that started in 2017 with a design competition and the completion…
Aker & SalMar to create world leading offshore aquaculture operations
OSLO, NORWAY: Aker ASA has entered into a strategic partnership with SalMar ASA to establish a global offshore aquaculture company, a news release said. The new joint company, SalMar Aker Ocean AS, will operate within offshore fish farming, including offshore and semi-offshore, combining Aker and SalMar’s industry experience, leading competence in salmon production, software, and…
ContextVision likely to spin-off digital pathology business
STOCKHOLM, SWEDEN: ContextVision AB, a medical technology software company, is conducting a review of the company’s structure, and has initiated work assessing a spin-off of the Digital Pathology unit with a goal of listing the new entity on the Euronext Growth on the Oslo Stock Exchange. The review is expected to be concluded by the…
Stenprop continues MLI transition with £15.9mn double acquisition
LONDON, UK: Stenprop Limited has acquired, in two separate transactions, Whitacre Industrial Park in Huddersfield and a portfolio of five MLI estates located across the UK, for a total consideration of £15.9 million. The combined purchase price reflects a net initial yield of 7.2% and a capital value of £64 per sq ft. Comprising five…
Graham Ritchie appointed new CEO of Ricardo Plc
LONDON, UK: Ricardo plc announced the appointment of Graham Ritchie as its new CEO, replacing Dave Shemmans who is stepping down from the Board after 16 years as CEO on 30 September 2021. Graham will join Ricardo on 1 October 2021. Ricardo plc is a world-class environmental, engineering and strategic consulting company listed on the…
Tomco Energy acquires Valkor’s 50% interest in Greenfield Energy
LONDON, UK: TomCo Energy plc, the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, has acquired from Valkor LLC its 50% interest in Greenfield Energy LLC, the 50/50 joint venture company established by TomCo and Valkor in mid 2020, for wholly deferred equity consideration. Details of the Acquisition…
Volex Plc to acquire Irvine Electronics for $16.4 million
LONDON, UK: Volex plc has signed a share purchase agreement for the acquisition of the entire issued share capital of Irvine Electronics Inc. for a total consideration of $16.4 million. Volex Plc is the global supplier of integrated manufacturing services and power products. The acquisition will be satisfied in cash at completion from the Company’s…
Appen to acquire Quadrant for up to $45 million
SYDNEY, AUSTRALIA: Appen Limited announced the acquisition of Quadrant, a global leader in mobile location and Point-of-Interest (POI) data, a news release said. To acquire 100% of the share capital of Quadrant, Appen will make an upfront cash payment of US$25 million and a potential additional payment of up to US$20 million in Appen shares…