ODENSE, DENMARK: Universal Robots and Mobile Industrial Robots (MiR) have inaugurated their expansive new headquarters in Odense, Denmark. The 215,000 square-foot facility is poised to become a central hub for robotics innovation. The grand opening event was attended by partners from the global ecosystems of both companies, including tech giants NVIDIA and Siemens. These partnerships…
SMTC Corporation appoints Mike Buseman as its new President and CEO
MELBOURNE, Fla.: SMTC Corporation, a North American leader in electronics manufacturing services, has appointed Mike Buseman as its new President and CEO, effective May 13, 2024. Buseman, with over three decades of industry experience, succeeds Ed Smith, who will take on the role of Executive Chairman of the Board. Buseman’s extensive background includes leadership roles…
ABL Group to acquire Ross Offshore in a NOK 100 million deal
OSLO, NORWAY: ABL Group has entered into an agreement to acquire 100 percent of the shares of specialist energy consultancy Ross Offshore from Moreld Group. The transaction values Ross Offshore at NOK 100 million (equivalent to USD 9.2 million at current FX rates) on a cash and debt free basis, based on locked box accounts…
Abingdon Health launches Saliva Pregnancy self-test in Boots
YORK, U.K.: Abingdon Health plc (AIM: ABDX), a leading international lateral flow Contract Development and Manufacturing Organisation (CDMO), announced the launch of Boots own-brand, saliva pregnancy self-test across the UK and online, in partnership with Salignostics and Crest Medical. On 20th March 2024, Abingdon Health announced the launch of the first two Boots branded self-tests…
Tritax EuroBox signs lease agreements and solar power deal in Belgium
LONDON: Tritax EuroBox plc, a prominent investor in Continental European logistics real estate assets, has announced a significant advancement in its portfolio management. The company has successfully negotiated a lease re-gear and a new lease agreement, coupled with a solar PV Power Purchase Agreement (PPA), at the Logistics Park Bornem in Belgium. This strategic move…
Lycia Therapeutics completes $106.6 million Series C financing
LONDON: RTW Biotech Opportunities Ltd, a London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, noted the announcement by portfolio company, Lycia Therapeutics, of its completion of a $106.6 million Series C financing round. The company, alongside other investment vehicles managed by RTW Investments, LP…
Raspberry Pi Ltd announces potential IPO on London Stock Exchange
LONDON: Raspberry Pi Ltd, a leader in low-cost, high-performance computing, is considering an initial public offering (IPO) and intends to applying for admission of its ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. Raspberry Pi is a…
Kohlberg Kravis Roberts & Co. agrees to buy IQGeo Group for £333 million
kkr share price – Search (bing.com) LONDON: Geologist Bidco Limited, a newly formed company wholly-owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. (KKR) reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of IQGeo Group Plc at the rate of…
Diversio acquires CCDI Consulting
Diversio, a leader in fostering inclusive and equitable work environments, has announced the acquisition of CCDI Consulting, a prominent DEI consultancy. This acquisition was facilitated by CCDI Consulting’s parent entity, the Canadian Centre for Diversity and Inclusion (CCDI), which remains dedicated to providing educational resources to its extensive network of Employer Partners. The integration of…
Hochschild commences commercial production at Mara Rosa gold mine in Brazil
LONDON: Hochschild Mining PLC announced that commercial production has been achieved at the Company’s Mara Rosa gold mine in Brazil, effective 13 May 2024. During May, the Mara Rosa processing plant has operated at an average throughput of approximately 90% of its name-plate capacity of 7,000 tonnes per day and exceeded 80% average recoveries. The…
Tritax Eurobox sells warehouse asset in Gothenburg for SEK 385 million
LONDON: Tritax EuroBox plc has exchanged contracts for the disposal of its warehouse asset in Gothenburg, Sweden for a price of SEK 385 million to a leading pan-European real estate investment manager. The sale price is broadly in line with the valuation as at 30 September 2023 and supports the Company’s planned disposal programme primarily…
Caspian Sunrise nears $83 million asset sale to Absolute Resources
LONDON: Caspian Sunrise PLC is set to selling its MJF and South Yelemes structures within the BNG Contract Area to Absolute Resources LLP for $83 million. The exclusivity agreement, valid until 8 August 2024, could lead to a conditional sale and purchase agreement subject to regulatory and shareholder approval. The proposed sale would not include…