LONDON: Restore plc has acquired 100% of the share capital of Big Data Management Ltd (1 Big Data), a leading high quality records management business based in Tilbury, London. Established in 1994, 1 Big Data has been securely managing corporate clients’ records for over 25 years and is recognised as one of the highest quality…
Acquisition of Tulip Oil Netherlands B.V. for €222.75 million
LONDON: Kistos Plc has provided further information in respect of its proposed acquisition of the entire issued and outstanding share capital of Tulip Oil Netherlands B.V. (“TON”) from Tulip Oil Holding B.V., as announced by the Company on 12 March 2021. The Acquisition constitutes a reverse takeover for the purposes of Rule 14 of the…
Esken Limited sells of Stobart Air and Carlisle Lake District Airport to Ettyl Limited
LONDON: Esken Limited has signed an agreement for the sale of its entire shareholdings in Stobart Air Unlimited Company (SA) (which operates regional flights under a franchise agreement for Aer Lingus) and Stobart Air (UK) Limited, the owner of Carlisle Lake District Airport (‘CLDA’) to Ettyl Limited. The sale is subject to certain change of…
RBG Holdings acquires Memery Crystal LLP for £30 million
LONDON: RBG Holdings plc announced the acquisition of the business of Memery Crystal LLP, a leading legal provider, for a total consideration of £30.0 million. The acquisition is in line with the Group’s M&A strategy set out in its Admission Document. This strategy aims to focus on high-margin professional companies, like Memery Crystal, which also…
Voltalia begins construction of a 32MW battery storage power plant in the UK
PARIS: Voltalia announced the launch of the construction of the Hallen Battery Energy Storage System (BESS), a 32-megawatt /32 megawatt-hour storage power plant located near the city of Bristol in the Avonmouth aera. Hallen BESS will contribute to the stability of the UK’s electricity grid, in a context of an increasing transition to the use…
Arribatec awarded 5 year software contract with major European cruise liner
OSLO: IB (Arribatec Marine Solutions), a subsidiary of Arribatec Solutions ASA, has been awarded a five-year Software-as-a-Service (SaaS) contract with a major European based Cruise Liner for a total of 17 cruise ships. “We´re pleased to announce that our state-of-the-art marine solutions are gaining traction in the market, now selected by one of the largest…
Zoom Video Communications sets up $100 million venture fund
SAN JOSE: Zoom Video Communications announced the Zoom Apps Fund, a new $100 million venture fund created to stimulate growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform, and hardware. Portfolio companies will receive initial investments between $250,000 and $2.5 million to build solutions that will become core to how Zoom customers meet, communicate,…
Blockchain Foundry appoints Fulvio Ciano and Peter Jubb
TORONTO: Blockchain Foundry Inc. (BCF), a leading North American blockchain development firm, has expanded its leadership team with two key management hires who joined the company today. Fulvio Ciano is joining the Company as Director of Software Development Consulting & Delivery and will be responsible for all aspects of BCF’s consulting practice and associated software…
Jushi Holdings agrees to acquire Nature’s Remedy of Massachusetts for $110 million
BOCA RATON: Jushi Holdings Inc. has reached a definitive binding agreement to acquire Nature’s Remedy of Massachusetts Inc. and certain of its affiliates, a vertically-integrated single state operator in Massachusetts, for total consideration of up to US$110 million. Nature’s Remedy currently operates two retail dispensaries, in Millbury, MA and Tyngsborough, MA, and a 50,000 sq….
Victoria’s Gaz du Cameroun signs $5 million settlement with Eneo
LONDON: Victoria Oil & Gas’s whose wholly owned subsidiary, Gaz du Cameroun S.A. (GDC) has signed a settlement agreement with Eneo which will result in the payment of the gross amount to GDC, within 30 days of the signing, of approximately 2.74 billion FCFA (Central African CFA franc) (circa US$5 million). GDC is the onshore…
Glamox has signed an agreement to acquire Luminell
OSLO: Glamox, a Norwegian industrial group, has signed an agreement to acquire 100% of the shares in the Norwegian company Luminell Group AS, a news release said. Established in 2010, Luminell has achieved a strong position as a high-quality developer and supplier of floodlights, searchlights, and lighting controls in the marine and offshore lighting market….
Pfizer and BioNTech to supply European Union with 100 million additional doses
NEW YORK: Pfizer Inc. and BioNTech SE announced they will supply an additional 100 million doses of COMIRNATY, the companies’ COVID-19 vaccine, to the 27 European Union (EU) member states in 2021. This announcement is a result of the European Commission’s (EC) decision to exercise its option to purchase an additional 100 million doses under its expanded Advanced Purchase…