PARIS, FRANCE: ABEO and Jiangsu Jinling Sports Equipment Co. Ltd. signed an agreement to create a joint venture. The new company will exclusively market in mainland China ABEO’s sports and leisure equipment, covering ten brands of ABEO. This joint venture will benefit from Jinling Sports’ strong local knowledge and client network in the Chinese sports…
Kistos plc commences 2021 drilling campaign
LONDON, UK: Kistos Plc, the low carbon intensity gas producer pursuing a strategy to acquire assets with a role in energy transition, announced that Borr Drilling’s Prospector-1 jack-up drilling rig has arrived on location at the Q10-A field (Kistos 60%) and that the Company’s 2021 drilling campaign is underway. The work programme is scheduled to…
Arena Events announces Commonwealth Games contract win
LONDON, UK: Arena Events Group has been awarded a multi-million pound contract to deliver one of the venue clusters at the XXII Commonwealth Games, to be held in Birmingham in 2022. At a high level, this contract award includes the planning, design, schedule management, building control services, supply, installation, maintenance and removal of a range…
Uniphar plc acquire CoRRect Medical GmbH
LONDON, UK: Uniphar plc announced the acquisition of CoRRect Medical GmbH. CoRRect Medical is a Germany-headquartered company that specialise in the commercialisation and distribution of medical device products in the interventional cardiology sector across Germany & Switzerland. The acquisition represents a key strategic milestone for the Group, as it continues to build out its pan-European…
L3Harris Technologies appoints new country leader in Australia
MELBOURNE, AUSTRALIA: L3Harris Technologies has announced that Alan Clements, a retired Air Vice Marshal, will lead L3Harris Australia as the new Corporate Vice President. In addition to serving as Country Executive for the region, he will oversee L3Harris’ Australian Advisory Board, composed of non-executive directors and local company business leadership. Clements joins L3Harris after serving…
Salim Nathoo to resign from TietoEVRY’s Board of Directors
OSLO, NORWAY: Salim Nathoo, a member of TietoEVRY Corporation’s Board of Directors, has announced that he resigns from the Board of Directors as of 20 July 2021. After the merger of Tieto Corporation and EVRY ASA in December 2019, Apax Partners LLP, acting through Lyngen Holdco S.A.R.L., became the biggest shareholder of TietoEVRY. Due to…
Rapid7 acquires IntSights Cyber Intelligence for $335 million
BOSTON: Rapid7 Inc. has acquired IntSights Cyber Intelligence Ltd., a leader in contextualized external threat intelligence and proactive threat remediation, a news release said. Under the terms of the agreement, Rapid7 will pay approximately $335 million in cash and stock to acquire IntSights, subject to adjustments. With digital transformation, the attack surface has increased exponentially…
Coor acquires Veolia Technical Management
STOCKHOLM, SWEDEN: Coor Service Management today signed an agreement relating to the acquisition of the assets in the business area Veolia Technical Management, part of Veolia Sverige AB, which is divesting its operations in Sweden and Norway. The business area has some 250 employees and annual sales of some SEK 500 M. The acquisition further…
Ipsos appoints Nathalie Roos as CEO
PARIS, FRANCE: Ipsos announced the appointment of Nathalie Roos as Chief Executive Officer (CEO). The recruitment of Nathalie Roos is the culmination of a rigorous selection process carried out since mid-2019 by the Nomination and Remuneration Committee and the Board of Directors of Ipsos with a view to separating the functions of Chairman and Chief…
Stockland acquires Halcyon Group for $620 million
SYDNEY, AUSTRALIA: Stockland Corporation has entered into binding agreements to acquire Queensland based Halcyon Group’s land lease communities business for $620 million plus transaction costs and subject to certain adjustments at completion, a news release said. The transaction includes the acquisition of 3,800 sites across13 land lease communities, made up of six established land lease…
EV revolution in UK: Green Lithium produces first battery-grade lithium
LONDON, UK: Green Lithium announced the successful production of its first battery-grade lithium hydroxide product. This will enable Green Lithium to support the manufacture of batteries for more than a million electric vehicles a year from its refinery, the UK’s first large-scale merchant lithium refinery. This is a significant development in the company’s journey, it…
Digital Wine Ventures Limited to acquire Parton Wine Group
SYDNEY, AUSTRALIA: Digital Wine Ventures Limited has entered into an agreement to acquire 100% of the Parton Wine Group (PWG), a news release said. Established in 2007PWG has grown organically over the last 14 years to become one of Australia’s largest specialist wine and beverage logistics providers. With operations in Sydney, Melbourne and Perth, PWG…