DUBLIN: Greencoat Renewables Plc has acquired Glencarbry wind farm from John Laing Group, a news release said. Glencarbry is located in County Tipperary, Ireland and consists of 12 Nordex turbines that have been operational since July 2017. The wind farm’s revenues are contracted under the REFIT 2 scheme, providing a long-term guaranteed minimum floor price…
Tribal Group acquires Semestry Limited for upto £6.0 million
LONDON: Tribal Group Plc, a provider of software and services to the international education market, has agreed to acquire the entire issued share capital of Semestry Limited, a supplier of cloud based scheduling and timetabling software to the higher education market. The acquisition if for an initial cash consideration of £4.5 million with a further…
Macfarlane Group acquires Carters Packaging in Cornwall for £4.5 million
LONDON: Macfarlane Group announced the acquisition of Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited, for a maximum cash consideration of £4.5 million. Carters is a well-established business, based in Redruth, Cornwall, and is the leading distributor of protective packaging in the South-West of England. The acquisition is in line with Macfarlane’s declared…
Macfarlane Group PLC (LSE: MACF)
Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70 years’ experience in the UK packaging industry. Through its two divisions Macfarlane Group services a broad range of business customers supplying them high quality protective packaging and labels which…
Mastercard to invest $100 million in Airtel Africa’s mobile money business
LONDON: Airtel Africa announced the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV, a wholly owned subsidiary of Airtel Africa plc. AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations and…
Quilter PLC to sell Quilter International to Utmost Group for £483 million
LONDON: Quilter Plc has entered into an agreement with Utmost Holdings Isle of Man Limited, a subsidiary of Utmost Group Limited with respect to the sale of Quilter International, which is comprised of Quilter’s entire shareholding in Quilter International Holdings Limited and Quilter International Ireland dac. TRANSACTION HIGHLIGHTS: · Proposed sale of Quilter International to…
Van Elle Holdings acquires ScrewFast Foundations Limited for upto £3.68 million
LONDON: Van Elle Holdings has acquired 100% of the share capital of ScrewFast Foundations Limited, an innovative helical piling and steel modular foundations company for a maximum consideration of £3.68 million. An initial consideration of £1.76m is payable in cash on completion, with up to a further £1.92m of deferred and performance-based cash consideration payable…
AERIF expands its Portuguese solar portfolio with the acquisition of Ourique
LONDON: Aquila European Renewables Income Fund plc (AERIF), the London-listed investment company advised by Aquila Capital, has entered into a Sale and Purchase Agreement (SPA) to acquire 50% of the equity in an unlevered Portuguese solar operating asset (Ourique). Closing of the transaction is expected to occur in April 2021. Ourique is located in Alentejo,…
Aquila European Renewables Income Fund plc (AERIF)
Aquila European Renewables Income Fund plc (AERIF) is a London-listed renewable energy infrastructure investment company with the aim to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of hydropower, onshore wind and solar PV investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production…
LafargeHolcim acquires Firestone Building Products
PARIS: LafargeHolcim announced that its Holcim Participations (US) Inc. subsidiary has successfully completed the acquisition of Firestone Building Products, following all regulatory approvals. The transaction closed earlier than expected due to smooth collaboration with Bridgestone and all 1,900 employees will be joining LafargeHolcim. Jan Jenisch, LafargeHolcim CEO: “I warmly welcome the Firestone Building Products team…
Mutares SE & Co. completes acquisition of Primetals Technologies France and Ericsson Services Italia
MUNICH: Mutares SE & Co. KGaA has completed the acquisition of Primetals Technologies France from Primetals Technologies, Ltd. The company will from now on operate under the new name Clecim France. Clecim France is a leading global supplier of high-end steel processing line solutions based in Savigneux, France. With close to 250 employees, efficient production…
Universal Biosensors signs Canadian distribution deal
SYDNEY: Universal Biosensors Inc. has entered into a non-exclusive Distribution Agreement with Vines to Vintages Inc for the distribution of its wine testing platform device “Sentia” in Canada. The Distribution Agreement is for a three-year term and contains standard renewal and termination options available to both parties. John Sharman, CEO of UBI said; “The launch…