LONDON: Sosandar Plc, the online women’s fashion brand, is pleased to announce that it has entered into an agreement to sell a curated collection of its products through Marks & Spencer as a third-party online retailer. Through the consignment agreement, a selected range will begin to be sold on M&S’ online platform from late March,…
HeiQ Viroblock signs partnership with Berger Paints India
LONDON: HeiQ Plc has signed an agreement with global luxury paint provider Berger Paints India Ltd., a news release said. Berger will produce an innovative antiviral paint, Silk Breathe Easy, which will be powered by HeiQ Viroblock, proven to destroy over 99.99% of infectious viruses and bacteria. The agreement will deliver US$600,000 of revenue to…
WANdisco signs LiveData partnership with Snowflake
LONDON: WANdisco Plc, the LiveData company, announced a partnership with Snowflake, the Data Cloud company, to automate, accelerate and simplify the migration of on-premises Hadoop analytics workloads to Snowflake’s data platform. The partnership opens a new distribution channel for WANdisco with Snowflake’s c.4000 customers and significant market share of Fortune 500 customers, a news release…
WANdisco Plc (Cirata plc)
WANdisco Plc (LON: WAND) is the LiveData company. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco’s products keep geographically dispersed data…
X5 Retail Group launches import hub in Novorossiysk
MOSCOW: X5 Retail Group, a leading Russian food retailer operating the Pyaterochka, Perekrestok, and Karusel chains, has launched a logistics hub in Novorossiysk to handle the Company’s imports and ensure their smooth delivery to X5 distribution centres. The 18,000 sq. m hub has eight storage chambers coupled with two quality control and repackaging zones. Each…
Tandem Group acquires land in Birmingham to construct warehouse and distribution facility
LONDON: Tandem Group plc announced the acquisition of freehold land adjacent to its Birmingham headquarters, where the company plans to construct a warehouse and distribution facility which will link to its existing premises. The Company has exchanged contracts on the Acquisition of the freehold on approximately 3.23 acres of land adjacent to its existing site…
CEO of Marston’s Plc , Ralph Findlay stepping down
LONDON: Ralph Findlay will step down from the office of Chief Executive Officer (CEO) of Marston’s Plc at the end of the current financial year ending 30 September 2021, a news release said. The process to appoint his successor is underway and a further announcement will be made in due course. William Rucker, Chairman of…
Ofgem sets out plan to boost investment for Britain’s electric car and local power revolution
LONDON: Ofgem has set out its working assumptions on the financial package that will be applied for the next round of price controls for local electricity networks (DNOs) starting in April 2023. Ofgem has confirmed ambitious plans to boost investment in local electricity grids needed to support the growth in electric cars, small scale renewables,…
Mutares SE & Co. signs agreement to divest STS Group AG to Adler Pelzer Group
MUNICH: Mutares SE & Co. KGaA signed an agreement to divest its stake in STS Group AG to Adler Pelzer Group following its best owner principle. The transaction includes the shares and the full business operations of Plastics and Materials in Europe, China and the US. The company will be part of the Adler Pelzer…
Sumo Logic signs agreement to acquire DFLabs
REDWOOD CITY: Sumo Logic has entered into an agreement to acquire DF Labs S.p.A., a provider of security orchestration, automation and response (SOAR) software. The acquisition will extend Sumo Logic’s cloud-native SIEM solution to help reduce or eliminate tedious and error-prone manual tasks and empower SOC teams to accelerate threat detection, analysis, incident response and forensic…
EROAD appoints Casey Ellis as President North America
WELLINGTON: Transportation technology services company EROAD Limited has appointed Casey Ellis to the role of President, North America. Casey has held significant senior leadership positions in the Transport and Logistics sector in North America, including 13 years at Uni-Group Ltd, where he was instrumental in their transformation to an agile, customer focused organisation. As President…
Rallye to sell Groupe Go Sport to Financière Immobilière Bordelaise EUR 1.0
PARIS: Rallye has entered into exclusive negotiations with Financière Immobilière Bordelaise for the sale of the entire share capital of Groupe Go Sport for a price of EUR 1 without any representation and warranties given by Rallye. Completion of the sale is notably subject to the consultation of Go Sport Group employee representative bodies (instances…