LONDON: Yü Group PLC, the independent supplier of gas, electricity and water to the UK business sector is delighted to announce the acquisition of the business customer book of a Midlands-based energy group. The customer book has been acquired from a Midlands-based group, which is divesting its mains gas supply book to focus on its…
Walker Greenbank’s Sanderson and Morris & Co sign licensing agreement with NEXT
LONDON: Walker Greenbank announced that its Sanderson, Sanderson Home and Morris & Co brands have signed a licensing agreement with major retailer NEXT for an extensive range of clothing, homeware and accessories for an initial term of two and a half years. This agreement follows the successful collaboration between NEXT and the Company’s Scion brand…
Glanbia launches €50 million share buy-back programme
LONDON: Glanbia plc has commenced a share buy-back programme of up to €50 million in total value in Glanbia plc ordinary shares, a news release said. The purpose of the share buyback programme is to reduce the share capital of the Company. The Company has entered into an agreement with J&E Davy to act as…
Urban Logistics REIT acquires five logistics assets for a total of £33.1 million
LONDON: Urban Logistics REIT announced the acquisition of five high-quality logistics assets for a total consideration of £33.1 million at a blended 6.4% NIY in Ripon, Braintree, Oxford, Exeter and Warrington. These urban logistics sites support a diverse customer base. Richard Moffitt, Chief Executive, commented: “These acquisitions were sourced off-market and are in line with…
K3 Capital completes integration of randd and Quantuma
LONDON: K3 Capital Group plc, a multi-disciplinary professional services firm providing advisory services to SMEs, has successfully completed the integrations of randd and Quantuma in line with management’s 100-day integration plan. As part of this process, management have streamlined and consolidated certain Group functions such as finance, human resources and marketing, creating certain expected cost…
Imaging Biometrics and Mayo Clinic enter into an agreement to develop IB Trax
LONDON: Imaging Biometrics LLC (IB), has entered into an agreement with Mayo Clinic to develop a brain lesion tracking platform, IB Trax, a news release said. The collaboration’s objective is the development of an innovative AI technology to track metastatic and primary brain tumours. IB’s proven quantitative technologies will form the foundation of IB Trax…
Bunzl to acquire Brazil based safety business and completes acquisition in Denmark
LONDON, UK: Bunzl plc has recently entered into an agreement to purchase SP Equipamentos, a leading personal protection equipment distributor based in Sao Paulo, Brazil, with revenue in 2019 of BRL143 million (c.£22 million). SP Equipamentos supplies a broad range of safety products to customers across a number of markets, including the mining, steel, construction…
OTAQ Plc acquires ROS Technology Limited
LONDON: OTAQ Plc, the marine technology products and solutions group for the global aquaculture and offshore oil and gas industries, has acquired the trade and assets of ROS Technology Limited, a news release said. OTAQ has acquired the trade and assets of ROS Technology for a consideration of up to £300,000 to be satisfied from…
HSC Technology signs licensing agreement for CSIRO’s Smarter Safer Homes technology
SYDNEY: HSC Technology Group has signed an exclusive six year licensing agreement with CSIRO, Australia’s national science agency, to utilise its Activities of Daily Living algorithm for HSC’s TALIUS platform, a news release said. The technology was developed at CSIRO’s Australian e-Health Research Centre as part of the Smarter Safer Homes (SSH) project. The aim…
SRJ Technologies signs global aerial gas detection technology deal with John Crane
SYDNEY: SRJ Technologies Group has signed a global collaboration agreement with John Crane, a US subsidiary of Smiths Group, to detect and mitigate fugitive methane emissions, a news release said. The deal will see both companies collaborate to offer an end-to-end service to detect, evaluate and mitigate sources of fugitive methane emissions from process plants …
AstraZeneca selects ImpediMed’s SOZO devices for upcoming clinical trials
BRISBANE: ImpediMed Limited announced a second contract valued at over $2.0 million for its SOZO Digital Health Platform to be used in a clinical trial being conducted for AstraZeneca, a global pharmaceutical company. The Phase II trial will use the SOZO devices to track patient fluid volume in an upcoming pharmaceutical study focused on chronic…
Dr Tony McKenna resigns from Wattle Health Australia
SYDNEY: Wattle Health Australia announced the Managing Director and Chief Executive Officer Dr Tony McKenna has resigned from the Company and Board of Wattle Health effective 6 November 2020. Dr McKenna joined the Company and the Board in January in order to lead the execution of its vertically-integrated supply chain strategy and has provided valuable…