OSLO, NORWAY: Multiconsult ASA has entered into an agreement to purchase 100% of the shares of Erichsen & Horgen AS, a leading Norwegian engineering consultancy with a strong market position within buildings construction, HVAC, WWT, energy, environment and sustainability, a news release said. The enterprise value (EV) of Erichsen & Horgen is agreed at NOK…
Seeka Limited announces an equity investment in Fruitometry
AUCKLAND, NEW ZEALAND: Seeka Limited announced an equity investment in Fruitometry an innovative horticultural agritech. In its first year Fruitometry successfully delivering a new commercial Digital Crop Estimation (DCE) service to kiwifruit growers, managers and packhouses in the North Island. Fruitometry’s exclusive technology enables the $3 billion kiwifruit industry by growers being able to measure…
Beter Bed Holding sells its Swedish business Sängjätten to Sengespecialisten
AMSTERDAM, NETHERLANDS: Beter Bed Holding (BBH) has completed the sale of its Swedish business Sängjätten to Sengespecialisten, a Danish subsidiary of the Lars Larsen Group. The business will be operated through a Swedish entity. The completed divestment is an important step in the implementation of the new strategic direction for focused and accelerated growth. Following…
HeiQ acquires Life Material Technologies in a share exchange deal
LONDON, UK: HeiQ Plc (LSE: HEIQ) has acquired 100% of the share capital and voting rights of Life Material Technologies Limited, a materials technology company that has developed a strong portfolio of smart ingredients. The acquisition strengthens HeiQ’s presence in the bio-based antimicrobial and textile odor control market and further diversifies and innovates its product…
Veris Limited signs agreement to acquire 49% stake in Wumara Group
SYDNEY, AUSTRALIA: Veris Limited (VRS: ASX) has entered into a share sale and purchase agreement with shareholders of 100% indigenous owned EMFOX Pty Ltd trading as Wumara Group, a land and construction surveying company, to acquire a 49% stake. As consideration for the acquisition Veris will pay $180,000 in cash and issue $20,000 in shares…
Parkmead Group announces acquisition of Netherlands gas royalty
LONDON, UK: Parkmead Group, the independent energy group focused on growth through gas, oil and renewable energy projects, has agreed to purchase a historic royalty associated with the Group’s existing interests in the Drenthe IV, Drenthe V and Andel Va licenses in the Netherlands from Vermilion Energy. These licences contain the Grolloo, Geesbrug and Brakel…
Bidstack secures exclusive partnership with Nordeus
LONDON, UK: Bidstack Group Plc announced an exclusive partnership with Belgrade-based Nordeus, best known for its flagship game, Top Eleven, which is now part of Nasdaq listed Take-Two Interactive Software Inc. (NASDAQ: TTWO). Top Eleven was first released in 2010 and is now one of the longest running mobile games as it celebrated its eleventh…
Philip Morris International to acquire Vectura Group for £1.045 billion
LONDON, UK: Tobacco giant Philip Morris International (PMI) will buy all of the issued and to be issued ordinary shares of Vectura at the rate of 150 pence in cash for each share. The acquisition values the entire issued and to be issued ordinary share capital of Vectura at approximately £1.045 billion. On 26 May…
SmartCraft buys all the shares of Kvalitetskontroll AS
OSLO, NORWAY: SmartCraft ASA has today entered into an agreement and completed the acquisition of all the shares of Kvalitetskontroll AS, adding almost 2,000 SaaS customers within quality assurance and environment, health and safety for the construction industry in Norway. The transaction is based on an enterprise value of NOK 58.6 million. The purchase price…
President Energy’s Atome acquires 75% of Northern European based green hydrogen and ammonia company
LONDON, UK: President Energy’s subsidiary Atome has acquired a 75% interest in a Northern European based green hydrogen and ammonia company for nominal share value. Peter Levine, Chairman, commented: “The announcement today further reinforces the determination of President’s subsidiary, Atome, to fulfil its strategic objective to geographically expand its green hydrogen and ammonia portfolio to…
New and alarming findings on the rise of cryptocurrency-related scams
LONDON, UK: : BrandShield Systems, an online threat hunting company specialised in monitoring, detecting, and removing online threats, announced new and alarming findings on the rise of cryptocurrency-related scams, with Dogecoin domain registrations up by more than 700%. The findings come as cryptocurrency has exploded in popularity with retail investors, driving hundreds of billions of…
Kongsberg to supply Norway and Germany with NOK 8.2bn worth of ORCCA combat system and missiles
OSLO, NORWAY: Kongsberg Defence & Aerospace AS has entered into contracts with Norway and Germany to deliver ORCCA combat system elements to the six new 212CD submarines, and the Naval Strike Missile (NSM) to the two nations’ navies, a news release said. “The deliveries will last way into the 2030s and is an important and…