LONDON, UK: Ultimate Products, the owner, manager, designer and developer of an extensive range of value‑focused consumer goods brands, has completed the acquisition of Salter Brands Limited from FKA Brands Limited. Salter is believed by the Directors to be the UK’s oldest housewares brand. It dates back to 1760, when Richard Salter, a spring maker,…
Chapel Down completion fundraising of £6.876 million
LONDON: Chapel Down Group, the market leader in English wines, announced the completion of the fundraising announced on 4 June 2021. The £6.876 million was secured in just 33 days with over 4,000 investors subscribing for a total of 11,555,972 new ordinary shares of £0.05p each in the Company (“Ordinary Shares”) at a price of…
SEGRO sells portfolio of warehouses in Italy for €127.5 million
LONDON, UK: SEGRO plc has agreed the sale of a portfolio of six Italian urban warehouses for €127.5 million to AXA IM Alts, on behalf of clients. The warehouses were developed by SEGRO-Vailog for a global online retail company to support the growth of its distribution network in Italy. The portfolio has a total floor…
Ascential acquire 51% stake in digital content optimisation business, ASR Group for $122 million
LONDON, UK: Ascential plc has acquired a 51% majority stake in ASR Group Holdings LLC, a digital content optimisation business that enables brands to grow sales through eCommerce marketplaces, a news release said. The acquisition is for an initial cash consideration of $122 million. Ascential also has an option to acquire two further 24.5% stakes…
Glantus Holdings acquires Technology Insight Corporation for up to $9.3million
LONDON, UK: Glantus Holdings, the provider of Accounts Payable automation and analytics solutions, has acquired Technology Insight Corporation and the business and certain assets of Technology Insight Europe Limited, for a total consideration of up to $9.3million, a news release said. This earnings-accretive acquisition will provide an immediate boost to the company’s earnings per share,…
DS Smith announces sale of De Hoop paper mill in the Netherlands for €50 million
LONDON, UK: DS Smith has proposed sale of its De Hoop paper mill in the Netherlands to De Jong Packaging for a cash consideration of €50 million (c. £43 million). The mill produces c.370k tonnes of mainly heavier grades of recycled paper per annum. The sale supports our strategy to have a “short paper” position…
ION announces preliminary second quarter 2021 revenues of $20 million
HOUSTON: ION Geophysical Corporation expects second quarter 2021 revenues to be approximately $20 million, an improvement of approximately 40% sequentially or a decrease of 13% from the prior period. At quarter end, the Company’s total liquidity of approximately $33 million consisted of $27 million of cash (including net revolver borrowings of $20 million) and approximately…
Cannasouth Limited announces $6 million shares sale to retail investors
AUCKLAND, NEW ZEALAND: Cannasouth Limited is today opening a non-underwritten $6 million offer to retail investors in New Zealand with right reserved to accept oversubscriptions up to $2 million. The offer comprises: a priority offer, which is only available to clients of CM Partners Limited – the Lead Manager of the Offer; an offer to…
Hawkins Inc. to announce quarterly financial results on July 29, 2021
ROSEVILLE: Hawkins Inc. announced today that it expects to release its financial results for its first quarter ended June 27, 2021 after the market closes on July 29, 2021 at approximately 4:10 p.m. Eastern Time. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical company that distributes, blends and manufactures chemicals and…
AXT Inc. to announce 2nd quarter financial results on July 27, 2021
FREMONT: AXT Inc., a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 2021 in a press release immediately following the close of market on July 27, 2021. The company will also host a conference call to discuss these results on July 27, 2021 at 1:30 p.m. PT. The…
Auckland Airport passenger traffic increases 747.1pc in May 2021
AUCKLAND, NEW ZEALAND: Auckland Airport passenger volumes increased by 747.1% in May 2021 versus last year. International passengers (excl. transits) were up 778.0%, transit passengers were down 73.3% and domestic passengers were up by 755.7%. Key Points: • International arrivals in May last year (2020) were significantly impacted by the closure of the New Zealand…
Emirat to transport 247 horses from Liege to Tokyo equestrian events
DUBAI: UAE: Emirates SkyCargo, the freight division of Emirates, is operating eight charter flights to fly 247 horses from Liege to Tokyo. The first flight with 36 dressage horses has already landed at Haneda airport, Tokyo. Emirates will be operating an additional eight flights for the return journey from Tokyo to Liege. The carrier is…