HELSINKI: Revenio Group has signed an agreement to purchase the entire share capital of the Australian CERA Technologies Pty Ltd (Oculo), a company specialized in developing software designed to share clinical imaging, referrals, and other clinical correspondence securely and instantly between health care professionals. The sellers are several Australian investors and the company’s shareholding employees….
Everfuel announces plan for Norwegian hydrogen fueling network
HERNING: Everfuel A/S announced the company’s H2 station roll-out plan for southern Norway with an ambition of having up to 15 strategically positioned fueling sites for zero-emission transport of goods and people operational by end of 2023. The plan is part of the Everfuel’s Scandinavian green hydrogen fueling strategy for trucks, buses and cars connecting…
HeiQ Viroblock signs agreement with ICP
LONDON: HeiQ has signed an Exclusive Licence and Chemicals Supply Agreement with ICP Industrial Inc, a division of ICP Group. The two companies have signed a five year contract (US$8m in the first two years, at which point the contract is subject to renewal) which is expected to deliver US$30m of royalty revenue to the…
Halfords Group to acquire Universal Tyre and Autocentres for £15 million
LONDON: Halfords Group has reached agreement to acquire Universal Tyre and Autocentres, a well-established motoring services provider in the South East of the UK, for consideration of £15 million, a news release said. Approximately £9 million of the purchase price relates to the acquisition of real-estate and the net cash position of the business, with…
ldox selling its Netherland based Grants Consultancy business €8.14 million
LONDON: ldox plc has agreed to the disposal of its Netherlands based Grants Consultancy and databases business, to an affiliate of SilverTree Equity Partners, a leading software and technology focused private equity firm. The deal is expected to complete by 6 April 2021, and total consideration of up to €8.14 million comprises an initial €4.25m…
AVEVA completes acquisition of OSIsoft
LONDON: AVEVA, a global leader in engineering and industrial software, announced successful completion of the acquisition of OSIsoft. The acquisition enhances AVEVA’s ability to accelerate the digital transformation of the industrial world. In connection with Completion, 13,655,570 ordinary shares of 3 5/9 pence each in the capital of the Company (the ‘Consideration Shares’) were allotted…
Xcovery appoint Giovanni Selvaggi as Chief Executive Officer
PALM BEACH GARDENS: Xcovery Holdings Inc. announced that Giovanni Selvaggi, M.D., has been appointed as the Chief Executive Officer (CEO), replacing Li Mao, M.D., who is leaving for personal reasons. Dr. Selvaggi will also continue as Xcovery’s Chief Medical Officer (CMO). “Giovanni is the right leader for Xcovery,” said Lieming Ding, M.D., Chairman of the…
Starbreeze enters co-publishing agreement with Koch Media for 2023 PAYDAY 3 launch
STOCKHOLM: Starbreeze AB announced a global co-publishing deal with the leading European publishing partner Koch Media GmbH for the highly anticipated PAYDAY 3. The agreement provides for an estimated total investment exceeding 50 MEUR for both development and marketing of PAYDAY 3 including more than 18 months of post-launch “Games as a service”, meaning continuous…
Recticel acquires thermal insulation board business of Gór-Stal for EUR 30 million
BRUSSELS: Recticel has entered into preliminary agreements with the owners of the private Polish company Gór-Stal Sp. z o.o. to acquire Gór-Stal’s thermal polyisocyanurate-based (PIR) insulation board business. The acquisition will be made in cash for an enterprise value of EUR 30 million, of which EUR 27.25 million will be payable at closing and EUR2.75…
Medusa Mining appoints MD and Chairman
SYDNEY: Medusa Mining Limited announced the appointment of Andrew Teo as Managing Director and Jeffery McGlinn as Non-Executive Chairman, effective 19 March 2021. Mr Teo has been the Chairman of Medusa since November 2013 and a Board member since February 2010. Mr Teo has served as the Interim CEO since June 2020 after the resignation…
Schlumberger New Energy to setup lithium extraction pilot plant in Nevada
PARIS: Schlumberger New Energy announced the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while…
Groupe Renault, Veolia and Solvay partner to recycle EV battery metals in a closed loop
PARIS: Groupe Renault, Veolia and Solvay announced their partnership to enable the circular economy of EV battery metals in Europe through closed-loop recycling. The existing Veolia and Solvay consortium, created in September 2020, is thus reinforced with Groupe Renault’s pioneering position and experience in circular economy and in the life cycle of EV batteries, leading…