SYDNEY: Breville Group Limited has completed the acquisition of Seattle based coffee grinding company, Baratza LLC, effective 2 October 2020. Established in 1999, Baratza designs and markets premium coffee grinders for North American and international markets. The acquisition will be complementary to Breville Group’s existing premium coffee business and brings together two of the world’s…
Over the Wire Holdings to acquire Digital Sense Hosting in a $27mn deal
PERTH: Over the Wire Holdings Limited has entered into a binding agreement to acquire all of the shares in Digital Sense Hosting Pty Ltd, a news release said. Completion is expected to take place on 30 October 2020 and is subject to a limited number of customary conditions precedent. Headquartered in Brisbane and employing approximately…
Pure Foods Tasmania Limited has acquired Daily Potato Co
PERTH: Pure Foods Tasmania Limited (PFT) announced the acquisition of Daily Potato Co Pty Ltd’s assets and business was finalised on 2 October 2020. The Managing Director of PFT, Michael Cooper, commented: “We have a lot going on, but with this being such an important project we have ensured that all resources were applied to…
Despegar completes acquisition of Mexico’s Best Day Travel Group
BRITISH VIRGIN ISLANDS: Despegar.com Corp., the leading online travel company in Latin America, announced that on October 1, 2020 it completed the previously announced acquisition of Best Day Travel Group, one of the leading travel agencies in Mexico. Best Day is expected to represent a key asset for Despegar, given its strong presence and leading…
20 Tech Startups taking their next steps in Platform Calgary’s Junction program
CALGARY: Platform Calgary announced that 20 companies are participating in the Junction program. Junction is a nine-week full-time residency that helps entrepreneurs (Tech Startups) establish a strong foundation and clear path forward to next step and grow their technology-driven businesses. Going on its fifth cohort, the program has helped grow 46 innovative companies either based…
Frontier Communications prices $1.150 billion offering
NORWALK: Frontier Communications Corporation has priced its previously announced offering of $1.150 billion aggregate principal amount of First Lien Secured Notes due 2027 in a private transaction, a news release said. The First Lien Secured Notes will bear interest at 5.875% per year and will be sold at a price equal to 100% of the…
Kit Check and Sandoz to launch RFID-tagged generic injectables in October 2020
WASHINGTON: Kit Check in collaboration with Sandoz announced that two Radio Frequency Identification (RFID)-tagged injectable generic Sandoz products will be available in United States hospitals in October 2020. The first two medicines include Anectine 200 mg/10mL and Rocuronium 50mg/5mL and 10mg/5mL. Several more Sandoz medicines are expected to be made available pre-tagged with DoseID compliant…
Advised by Sixpoint Partners, Brand Velocity Partners finalizes acquisition of BBQGuys
NEW YORK: Brand Velocity Partners (BVP) has finalized the acquisition of BBQGuys, the largest e-commerce platform of higher-end barbeque grills, grilling accessories, and outdoor kitchen products, a news release said. Sixpoint Partners served as exclusive global equity placement advisor. Sixpoint raised an undisclosed amount in equity and debt capital, resulting in oversubscribed demand for participation…
Conrad Energy Acquires Viridis Power bringing its operational portfolio to over 440MW
ABINGDON: Conrad Energy has agreed to acquire Viridis Power, more than doubling its share of flexible generation for the UK power market, and bringing its operational portfolio to over 440MW at 28 sites across the UK and equivalent to the average hourly electricity needs of one million homes, a news release said. The acquisition further…
Dimitris Psillakis to advance Mercedes-Benz Cars North American operations
ATLANTA: The Daimler Board of Management has appointed Dimitris Psillakis as Head of Marketing and Sales, Mercedes-Benz Cars North America and CEO of MBUSA, effective January 1, 2021. The announcement was made by Britta Seeger, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Marketing and Sales, to whom Psillakis…
Naveen Rajkumar joins ISOutsource as CEO and President
BOTHELL: ISOutsource announced that Naveen Rajkumar will be joining ISOutsource as Chief Executive Officer and President, effective October 1, 2020. Naveen will be joining ISOutsource from iLink Digital, where he was the Executive Vice President and Chief Business Officer for the past three years. Prior to iLink Systems, Naveen was SVP and Chief Information Officer…
American Expediting Company appoints Kerry Anne Carter as Chief Executive Officer
FOLCROFT: American Expediting Company announced that Kerry Anne Carter has been named as Chief Executive Officer. Carter is a strategic and innovative leader with a track record of building high performing teams and driving growth in multiple distribution businesses. Most recently Carter served as the Executive Leader of Staples’ B2B furniture division, the largest contract…