LONDON: Oakley Capital Investments’ Oakley Capital Origin Fund 2 has acquired a majority stake in 7NXT GmbH, the leading online fitness and nutrition platform in the German speaking region, from founder and CEO Markan Karajica and Crosslantic Capital. Mr Karajica will continue in his role as CEO and will retain a significant minority stake in…
Immotion launches Let’s Explore Oceans
LONDON: Immotion Group, the UK-based immersive entertainment group, has launched its brand new ‘in-home’ product, the ‘Let’s Explore Oceans’ Mega Pack. The new offering comes as a complete boxed solution, including VR Goggles, carry case, holographic cube, hardback colour fact book, plus ten VR movies and four Augmented Reality (AR) experiences. Retailing at £59.99, $59.99…
McCarthy & Stone and Anchor Hanover partner to increase housing supply for older
LONDON: McCarthy & Stone and Anchor Hanover announce a development partnership which will see the England’s two leading retirement providers deliver a range of ‘affordable for all’ later living communities across the country. Providing high-quality housing across all tenures, this unique partnership, unmatched in the marketplace, will address the diverse needs of England’s growing ageing…
Britvic completes sale of its juice assets in France to Refresco
LONDON: Britvic Plc, one of the leading branded soft drinks businesses in Europe, has confirmed that Britvic has now completed the sale of its juice assets in France to Refresco. The sale, following approval by the French Competition Authority in July, includes the three juice manufacturing sites, related private label juice business and the Fruité brand….
PureTech Health appoints Kiran Mazumdar-Shaw to its Board of Directors
LONDON: PureTech Health plc announced the appointment of biotech entrepreneur Kiran Mazumdar-Shaw to its board of directors. Kiran Mazumdar-Shaw is an industry trailblazer who has spent her career surpassing societal expectations as the founder and chairperson of India’s largest and a leading global biopharmaceutical company, Biocon Limited. Driven by a commitment to provide access to…
Windar Photonics signs distribution and exclusivity agreement for the Chinese retro-fit market
LONDON: Windar Photonics plc has signed a new distribution and exclusivity agreement with a distributor in China and has received an initial order under the Agreement for 50 WindEye systems to be delivered in 2020, a news release said. Windar Photonics is the technology group that has developed a cost efficient and innovative LiDAR wind…
Sydbank to acquire Alm. Brand Bank for DKK 1.833 billion
LONDON: Sydbank will acquire Alm. Brand Bank and consequently take over all the bank’s employees and the bank’s customers, a news release said. Sydbank A/S and Alm. Brand A/S have concluded an agreement to this effect. The provisionally calculated purchase price totals DKK 1.833 billion. Moreover the agreement involves the establishment of a partnership to…
Colman Deegan becomes new CEO of Vodafone Spain
LONDON: On 1 November Colman Deegan will become the new CEO of Vodafone Spain and will join the Vodafone Group Executive Committee. Vodafone announced today that Antonio Coimbra will step down from his current executive role as CEO of Vodafone Spain effective 1 November. On the same day, he will be appointed as Non-Executive Chairman…
Conga appoints Noel Goggin as Chief Executive Officer
SAN MATEO: Conga, the leader in digital transformation for business processes, announced the appointment of Noel Goggin as its Chief Executive Officer with immediate effect. Digital transformation is more important than ever, yet many organizations struggle to effectively digitize the most important elements of their businesses – the documents, contracts and processes for customer engagement,…
Six One Commodities expanding its power and gas business to Europe
NEW YORK: Six One Commodities (61C) announced that it is expanding its power and gas business to Europe with the addition of a power team out of Berlin lead by Ingo Klause. Mr. Klause has over 20 years of experience in the CWE region for power trading. He worked for the Swedish utility Vattenfall acting…
Mitsui & Co. signs strategic alliance agreement with SRJ Technologies
PERTH: SRJ Technologies has signed a non-binding Strategic Alliance Agreement (SAA) with Mitsui & Co. (Australia) Ltd, a news release said. The deal provides for SRJ and Mitsui to work together to cross promote their products across each other’s networks. For SRJ, it provides a qualified pathway to promote its range of engineering services and…
Emriya to help commercialise and regulatory acceptance of Zelira’s medicinal cannabis products
PERTH: Emyria Limited has signed an agreement with Zelira Therapeutics to collect data from patients treated with insomnia drug Zenivol through Emyria’s specialist clinical services. Zelira is Perth-based company specialising in the development of cannabinoid-based medicines for the treatment of a variety of medical conditions including insomnia, autism and chronic non-cancer pain. Under the partnership,…