ROSEVILLE: Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, announced Tuesday it has completed the acquisition of PhillTech, LLC, an Alabama-based manufacturer of coagulants and corrosion control products for water treatment. The acquisition aligns with Hawkins’ strategy to expand its water treatment business. PhillTech has been a long-standing strategic partner of Hawkins,…
Limbach acquires Pioneer Power in $66.1 million deal to expand upper Midwest footprint
PITTSBURGH: Limbach Holdings, Inc. (Nasdaq: LMB), a provider of building systems solutions, announced Tuesday it has acquired Minnesota-based Pioneer Power, Inc. for $66.1 million in a strategic move to strengthen its position in the Upper Midwest market. The acquisition was funded through a combination of cash on hand and borrowings under Limbach’s recently expanded revolving…
CVC DIF, Tabreed to acquire PAL Cooling from Multiply Group in AED 3.8 billion deal
ABU DHABI: CVC DIF, the infrastructure investment strategy of global private markets manager CVC, and National Central Cooling Company PJSC (Tabreed) have announced a strategic partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group, in a deal valued at approximately AED 3.8 billion. The transaction—subject to customary regulatory approvals—includes eight long-term concessions currently…
AppLovin sells mobile gaming business to Tripledot Studios for $400 million
PALO ALTO: AppLovin Corp. (NASDAQ: APP), a leading marketing platform, has completed the sale of its mobile gaming division to Tripledot Studios in a deal valued at $400 million in cash and an equity stake of approximately 20% in Tripledot’s fully diluted shares. The transaction, initially announced May 7, closed June 30 after meeting all…
Rapid Critical Metals sells Tin Mountain project to Iris Metals
SYDNEY: Rapid Critical Metals Limited (ASX: RCM) announced Tuesday it has agreed to sell its Tin Mountain property in South Dakota, U.S., to a subsidiary of Iris Metals Limited (ASX: IR1) in a deal involving shares, cash and royalties. The transaction, outlined in a Sale Purchase Agreement, includes 93 federal mining claims covering 752 hectares….
Downer sells stake in Keolis Downer JV for $132 million amid portfolio overhaul
SYDNEY: Downer EDI Limited said Tuesday it has agreed to sell its 49% stake in the Keolis Downer joint venture to French transport operator Keolis Group, in a move that sharpens Downer’s strategic focus and simplifies its portfolio. The transaction values the joint venture at $132 million on an enterprise basis. Downer is set to…
MISSION Group plc appoints John Carey as new chief executive officer
LONDON: MISSION Group plc (AIM:TMG) announced that following an external process, John Carey has been appointed to the Board as Chief Executive Officer with effect from 1 September 2025. John draws on over 30 years of extensive experience in leading global businesses, most recently holding executive positions at Castrol, BP plc and Abu Dhabi National…
Objective Corporation to acquire Isovist, expanding e-planning capabilities
SYDNEY: Objective Corporation (ASX:OCL), a leading provider of GovTech software, announced today it has signed a definitive agreement to acquire Isovist, a specialist in GIS-based e-planning solutions for local governments in Australia and New Zealand. The acquisition, valued at NZ$5 million, aims to enhance Objective’s capabilities in the planning and building sector while accelerating digital…
Swedbank acquires Stabelo
LONDON: In order to continue to develop the mortgage business and customer offering, Swedbank acquires the mortgage credit institution Stabelo. Through access to a complementary brand, new technology and new channels for mortgages, the acquisition will help Swedbank reach more customers in the mortgage market. Stabelo is an established actor in the mortgage market that…
Oakley Capital Invests in Heritage Brands Smythson, Fornasetti and FPM
LONDON: Oakley Capital Investments Limited announced Tuesday that its Iconic BrandCo platform is expanding with investments in three premium lifestyle brands: Smythson of Bond Street, Fornasetti and Fabbrica Pelletterie Milano (FPM). The move strengthens Oakley’s portfolio of luxury heritage brands under Iconic BrandCo, a vehicle established in 2020 under Oakley Capital Fund III. Oakley Capital Investments’…
MotorCycle Holdings to acquire Peter Stevens and Harley-Heaven dealership
SYDNEY: MotorCycle Holdings Ltd. (ASX: MTO) has announced a strategic acquisition of select dealership assets from Peter Stevens Motorcycles Pty Ltd and Harley Heaven Pty Ltd, both currently under administration. The deal, valued between $7 million and $9 million, will be funded through MTO’s existing cash reserves and bailment facilities. Under the binding asset sale…
Trafalgar acquires 10% stake in Manchester Property
LONDON: Trafalgar Property Group PLC (AIM: TRAF) said Tuesday it has acquired a 10% equity interest in Hilton House, a commercial property in central Stockport, Manchester, for £350,000, marking a substantial transaction under AIM Rule 12. The interest was purchased from Trafalgar director Paul Elliott. Payment will be made through a mix of newly issued…