PARIS: Prodways Group, specialist in digital design and manufacturing, announced major successes in the field of medical applications for its 3D Materials division. In the continuity of a very successful year 2020 and despite the Covid-19 crisis, Prodways Group’s materials division, DeltaMed, recorded outstanding successes in its dental products division by i/ signing an agreement…
Lleida.net receives its fourth patent from Chinese Intellectual Property Administration
MADRID: The Chinese Intellectual Property Administration (CNIPA) has granted a new patent to Spanis digital signature company Lleida.net, for its method for producing electronic contracts certified by a user of telecommunications operator. This patent is the fourth that the listed company receives from the authorities of the People’s Republic of China and it is valid…
Skanska signs new tenant lease for office tower in downtown Houston, Texas
HELSINKI: Skanska has signed a 15-year lease with the international law firm Norton Rose Fulbright for its planned 28 floor office development in downtown Houston, Texas, USA. The law firm will rent 32 percent of the total space. The project is located in Houston’s Central Business District, adjacent to Discovery Green and close to Bank…
Al Ramz Capital and Foodco National Foodstuff sign liquidity providing agreement
DUBAI: Foodco National Foodstuff PJSC, a subsidiary of Foodco Holding PJSC, appointed Al Ramz Capital LLC as a liquidity provider for its shares following the approval of Abu Dhabi Securities Exchange. Al Ramz will trade independently of Foodco within defined parameters of a mandate and in accordance with regulatory requirements commencing 13 January 2021. A…
Tabreed Energy Services signs strategic partnership with ADCP to promote energy conservation
ABU DHABI: Tabreed Energy Services, a wholly owned subsidiary of Tabreed, established a strategic partnership with Abu Dhabi Commercial Properties (ADCP) to increase energy efficiency across a number of their buildings, a news release said. Under the terms of the partnership, Tabreed Energy Services will provide its expertise in energy efficiency and sustainable cooling operations…
Cloudberry Clean Energy acquires Selselva Kraft AS
OSLO: Cloudberry Clean Energy AS has today completed a transaction for the acquisition of 100% of Selselva hydropower plant, a news release said. Reference is made to the stock exchange announcement dated 21 December 2020 regarding Cloudberry Clean Energy AS` share purchase agreement for the acquisition of 100% of the shares in Selselva Kraft AS….
CAMS acquires Solar O&M company Belectric
HOUSTON: Consolidated Asset Management Services (CAMS) has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc., a news release said. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its existing offerings. With this acquisition, CAMS continues to execute…
Tinicum L.P. acquires controlling interest in Robert Family Holdings
ST. LOUIS: Tinicum L.P., and affiliated funds managed by Tinicum Incorporated announced that they have acquired a controlling interest in Robert Family Holdings, LLC. Following the acquisition, Robert Family Holdings changed its name to TSL Engineered Products LLC (TSL). TSL, through its three wholly owned operating subsidiaries—Advantek, LLC, Continental Disc, LLC, and Dexter Magnetic Technologies,…
Johnson Matthey appoints Stephen Oxley as Chief Financial Officer
LONDON: Johnson Matthey announced that Stephen Oxley will join the company’s board on 1st April 2021 as Chief Financial Officer (CFO). On the same date, Karen Hayzen-Smith will step down as interim CFO and continue in her role as Group Financial Controller. Stephen joins us from KPMG, where he is a Partner. He brings experience…
LondonMetric Property acquires two new urban logistics warehouses for £39 million
LONDON: LondonMetric Property announced the acquisition of two urban logistics warehouses in Manchester and Birmingham for £39 million, reflecting a blended yield on cost of 4.25%. The newly built warehouses are let for 15 years at an average rent of £6.60 psf and benefit from RPI linked rent reviews. In Manchester, a 137,000 sq ft…
Restore Plc acquires Computer Disposals Ltd
LONDON: Restore plc announced that it acquired 100% of the share capital of Computer Disposals Ltd (CDL), a leading IT recycling and asset disposition (ITAD) business based in Runcorn, UK, on 8 January 2021. Following this acquisition, Restore Technology becomes the number one IT recycling business in the UK market which is large, growing and…
BATM enters option agreement to sell NGSoft for $33 million
LONDON: BATM Advanced Communications has entered into an option agreement to sell NGSoft Ltd., a subsidiary of the Group, for NIS 105.1m (approximately $33m) in cash to Aztek Technologies (1984) Ltd., a provider of ICT cloud services in Israel and a portfolio company of SKY Fund. BATM is focused on core areas of activity, underpinned…