OSLO: Nordic Credit Rating has today assigned a first-time long-term issuer rating of A- with a stable outlook to SalMar ASA. “The credit rating reflects SalMar’s strong profitability relative to its peer group, which is due to its cost-efficient production and excellent farming locations. The rating further reflects the company’s strong cash flow and moderate…
DFDS opens new unaccompanied freight route between Calais and Sheerness
COPENHAGEN: DFDS A/S is opening a new route between Calais and Sheerness in response to increasing demand for additional ferry capacity for unaccompanied freight (trailers) between France and the UK, a news release said. The first departure is planned for 1 June 2021. The new route will have one daily round trip operating 7 days…
Be ys Pay to bring biometric payment cards in France and Benelux
PARIS: French payment solutions provider be ys Pay, a fintech dedicated to payment technologies, is partnering with Zwipe to offer biometric payment cards to the French, Belgian, Luxembourg and Dutch markets, a news release said. Biometric payment cards allow consumers to conduct contactless transactions securely through authentication with their fingerprints. The innovation offered by Zwipe…
Kongsberg Gruppen assigned “A-“ rating from Nordic Credit Rating
OSLO: Nordic Credit Rating (NCR) has on 7 April 2021 assigned an “A-“ long-term issuer credit rating on Kongsberg Gruppen ASA with a “stable outlook”. The issuer credit rating confirms KONGSBERG’s financial policy of having a solid balance sheet, and should contribute to ensuring access to debt financing at competitive terms also going forward. The…
Elliptic Labs expands collaboration with Qualcomm for Windows laptops and tablets
OSLO: Elliptic Labs expands its collaboration with Qualcomm Technologies Inc. to make available Elliptic’s AI Virtual Smart Sensor Platform for Windows based Always Connected PCs powered by Qualcomm Snapdragon compute platforms. As a result, Elliptic Labs’ AI Virtual Smart Sensor Platform is available to OEMs designing laptop and tablet devices powered by the latest Snapdragon…
Nekkar receives funding from Innovation Norway for disruptive wind turbine installation solution
OSLO: Nekkar ASA has received NOK 21 million grant from Innovation Norway to progress with the development of a disruptive installation technology that could significantly reduce the cost and environmental footprint associated with wind turbine installations. The solution – called SkyWalker – uses active heave compensation derived from offshore lifting systems combined with digital solutions…
Kahoot! acquires Motimate to strengthen offerings in employee engagement and corporate learning
OSLO: Kahoot! announced the acquisition of Motimate, an employee engagement and learning app provider for organizations of all sizes. This acquisition will allow Kahoot! to accelerate the building of the next generation of tools for employee learning, engagement and corporate culture, while strengthening its position in the corporate learning market. With this acquisition, Kahoot! continues…
Jersey Oil & Gas completes acquisition of CIECO V&C (UK) Limited
LONDON: Jersey Oil & Gas has completed its acquisition of the entire issued share capital of CIECO V&C (UK) Limited, owned by ITOCHU Corporationand Japan Oil, Gas and Metals National Corporation. As previously announced on 26 November 2020, the consideration for the acquisition consists of a completion payment of £150,000 and two contingent payments based…
Synectics Plc secures major City of London project as part of Secure City Programme
Pl LONDON: Synectics plc has been awarded a multi-million-pound project by the City of London Corporation and the City of London Police as part of their Secure City Programme. The Secure City Programme is a joint initiative between the City of London Corporation and City of London Police to significantly improve the safety of Square…
Artios collaborates with Novartis to create next generation DDR cancer therapies
LONDON: Arix Bioscience’s portfolio company Artios Pharma Limited announced a global research collaboration with Novartis to discover and validate next generation DDR targets to enhance Novartis’ Radioligand Therapies (RLT). Under the three-year collaboration, Artios and Novartis will perform target discovery and validation, and Novartis will select up to three exclusive DDR targets, and receive worldwide…
Sigmaroc acquires B-Mix Beton and Casters Beton for a total consideration of €13 million
LONDON: Sigmaroc Plc has completed the acquisitions of B-Mix Beton NV, J&G Overslag en Kraanbedrijf BV and TOP POMPING NV (collectively ‘B-Mix’), as well as Casters Beton NV (‘Casters’) from Groep Janssens N.V. for a combined cash consideration of €13m. B-Mix, located in Tessenderloo, and Casters, located in Genk, operate four concrete plants, producing around…
HSS Hire Group announces €11.2 million sale of Laois Hire Services Limited
LONDON: HSS Hire Group has entered into an unconditional agreement to sell Laois Hire Services Limited, the Group’s Irish large plant hire business, to Briggs Equipment Ireland Limited for a cash consideration of €11.2 million. The proceeds will be used to invest in the core Tool Hire business in line with the Group’s strategy. With…