LONDON, UK: Lords Group Trading, a leading distributor of building materials in the UK, has acquired the business and assets of the Malton Road, London W10 branch of Nu-line Builders Merchants Limited (Nu-Line) for a consideration of £0.6 million. Nu-Line, established in 1965, is an independent builders merchant specialising in the supply of general building…
Tavistock Investments complete sale of Tavistock Wealth
LONDON, UK: Tavistock Investments has completed the sale of Tavistock Wealth Limited (TWL) to Titan Wealth Holdings Limited. Company announced on 14 June 2021 that it had entered a 10-year strategic partnership with Titan Wealth. As a part of these arrangements Titan Wealth has acquired TWL for a consideration of up to £40 million in…
Bunzl Plc makes safety acquisitions in Spain
LONDON, UK: Bunzl plc, the specialist international distribution and services Group, has recently completed two further acquisitions. In July the Company completed the acquisition of Proin Pinilla, the largest independent safety distributor to end-users in Spain, with a focus on personal protection equipment (PPE) and specialising in workwear. The business generated £15 million of revenue…
Olvi acquires Danish brewing company Bryggeriet Vestfyen
HELSINKI, FINLAND: Olvi Plc confirms acquisition of Danish brewing company Bryggeriet Vestfyen. The acquisition will be completed according to the previously announced schedule. On May 12, 2021, Olvi plc announced a conditional acquisition agreement in a stock exchange release. The main condition for the completion of the acquisition was that Olvi Plc would be able…
Rutherford Health to acquire Proton Partners International Health Care Investments
LONDON, UK: Rutherford Health Plc has entered into agreement with The First Investor LLC (TFI) to acquire all the shares in Proton Partners International Health Care Investments LLC, UAE Company (PPI UAE) in consideration for the issue of 64 million new shares in the company. Under the Share Swap Deed TFI has agreed to procure…
Responsible Housing REIT plans £250 million IPO on LSE
LONDON, UK: Responsible Housing REIT announced its intention to launch an initial public offering (IPO) and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc. The Company is seeking to raise up to £250…
Velocys collaboration with Toyo advances to commercial stage
LONDON, UK: Velocys plc (VLS.L), the sustainable fuels technology company, is pleased to announce that its collaboration partner, Toyo Engineering Corporation (TOYO) is starting the advanced engineering and design phase of a commercial scale biofuel refinery in Japan. TOYO’s engineering study will start to establish commercial-scale production of Sustainable Aviation Fuel (SAF) in Japan. During…
Physiomics hires Hayley Close as Head of Business Development
LONDON, UK: Physiomics plc, the consultancy using mathematical models to support the development of drug treatment regimens and personalised medicine solutions, announced that Hayley Close has today joined the Company as Head of Business Development. Hayley holds a degree in Biomedical Science from University College London and joins us from Fusion Antibodies plc where she…
New Genedrive system readied for Antibiotic Induced Hearing Loss launch
LONDON, UK: genedrive plc, the near patient molecular diagnostics company, provides an update on a new Genedrive® system platform which has been designed for the upcoming launch of the Genedrive® MT-RNR1 assay, used for the detection of Antibiotic Induced Hearing Loss (“AIHL”) in newborns. The Genedrive® MT-RNR1 assay targets the m.1555A>G mutation genotype. If a…
Belluscura supports rationale for wider oxygen use
LONDON, U.K: Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, welcomes the recent statement issued by the American College of Chest Physicians (CHEST) on the rationale for home use of oxygen coverage beyond cluser headacheds. In response to the US Centers for Medicare & Medicaid Services (CMS) proposed decision on the appropriate…
Alytic and Arctic Securities enter green energy partnership
ARENDAL, NORWAY: Alytic AS, a subsidiary of Arendals Fossekompani ASA has acquired a majority stake in Greenfact AS, a European company within green energy data and analysis. In a transaction recently signed, Alytic AS has secured 60 per cent of the shares in Greenfact AS. The remaining 40 per cent are owned by Arctic Securities…
Blackfinch Renewable evaluates £300mn IPO on London Stock Exchange
LONDON, UK: Blackfinch Renewable European Income Trust plc (BRET), a new closed-end investment trust established to invest in a diversified portfolio of mixed renewable energy infrastructure assets in Europe, announced its intention to launch an initial public offering (IPO) on London Stock Exchange to raise up to £300 million by way of a placing, offer…