LONDON: The Panoply Holdings has acquired the entire issued and to be issued share capital of Keep IT Simple LTD (KITS), a provider of high value IT support and transformation services to public and private sector clients for £26 million. KITS has built a reputation in the public sector for transforming and running live and…
FRP Advisory Group acquires Spectrum Corporate Finance for upto £12.4 million
LONDON: FRP Advisory Group announced the acquisition of Spectrum Corporate Finance Limited, a leading Corporate Finance and Debt Advisory boutique to UK mid-market clients and their funders. The consideration comprises cash of £9.4 million plus a further payment contingent on the net assets at completion of up to circa £3 million. The five key selling…
Macfarlane Group acquires GWP Holdings for upto £15.1 million
LONDON: Macfarlane Group PLC announced the acquisition of GWP Holdings Limited the owner of GWP Group Limited, a protective packaging manufacturing and distribution business based in Wiltshire. The acquisition is in line with Macfarlane’s declared strategy of building its protective packaging business through a combination of organic and acquisitive growth. Macfarlane’s wholly-owned subsidiary, Macfarlane Group…
Instem plc acquires The Edge Software Consultancy for £8.5 million
LONDON: Instem plc, a leading provider of IT solutions, has acquired the entire issued share capital of The Edge Software Consultancy Ltd for a total consideration of up to £8.5 million, a news release said. The consideration will be satisfied by a combination of cash and new ordinary shares in the Company. The Edge Software…
Solid State plc acquires Active Silicon Limited for initial consideration of £6.3 million
LONDON: Solid State plc announced the acquisition of Active Silicon Limited and its subsidiaries for an initial consideration of £6.3 million, which, when adjusted for the cash on the balance sheet, results in an effective net initial consideration of approximately £2.7 million. Highlights of the Acquisition include: · Active Silicon is an industry leading expert…
Oasmia acquires global development and commercialization rights for Cantrixil
UPPSALA: Oasmia Pharmaceutical AB has signed an agreement with Kazia Therapeutics, an Australian oncology-focused biotechnology company, to acquire exclusive global development rights for Cantrixil, a product candidate in development intended for the treatment of ovarian cancer. The agreement is the first in a series of planned in-licensing deals and acquisitions to expand Oasmia’s oncology portfolio,…
Centuria Capital announces NZ $178m acquisition of Visy Glass Plant
SYDNEY: Centuria Capital Group’s New Zealand subsidiary, Augusta Capital, has settled the acquisition of the NZ$178 million Visy Glass manufacturing plant in Penrose, Auckland. The property was acquired by a new single-asset unlisted fund –Augusta Penrose Limited (the Fund). The Fund had a total equity requirement of NZ$109.3million.The Fund is forecast to provide investors an…
Solteq Plc acquires Partiture’s professional services business
HELSINKI: Solteq Plc has signed an agreement to acquire Partiture Oy’s professional services business, along with its current employees and customers. The agreement is effective as of March 1, 2021. Partiture Oy is Finland’s leading consulting and project management company in the energy sector. Utilities sector is one of the Solteq’s key drivers for growth…
Mike Bartels appointed CEO of Sparc Technologies
SYDNEY: Sparc Technologies Limited announced the appointment of Mr. Mike Bartels as Chief Executive Officer (CEO) effective March 1st, to fast track the technical and commercial business units and workstreams currently underway. Mike holds a Bachelor of Science in Applied Chemistry and has a wealth of experience in sales and marketing with major multinational coatings…
Sparc Technologies Limited (ASX:SPN)
Click Here Sparc Technologies Limited (ASX:SPN) Share price Sparc Technologies Limited (ASX: SPN) is a South Australian based company that is focusing on the development of innovative technology solutions using the unique properties of graphene. Graphene, which can be extracted from graphite, is a 2-dimensional nano material made of carbon atoms arranged in a hexagonal…
EPCL’s new PVC plant commences commercial operations
KARACHI: Engro Polymer and Chemicals Limited (EPCL) announced that commercial operation date of the new PVC plant of 100,000 tons capacity has been achieved. Engro Polymer and Chemicals Ltd (EPCL) had secured $35 million from the International Finance Corporation (IFC) to fund the expansion plans for its PVC production plant. The IFC financing is a…
Hexagon Agility gets $6.8 million additional order for CNG trucks
OSLO: Hexagon Agility, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. The first order received related to this customer in 2021 represents an estimated total value of USD $6.8 million (approx. NOK 58 million). As a low…