SYDNEY: Skyfii Limited, an omni data intelligence company, has acquired the business and assets of Blix, an Australian headquartered customer insights technology platform, largely servicing the retail and automotive sector, a news release said. Established in 2013, Blix sells and manages an analytics technology platform that combines sophisticated WiFi and people counting technology. Blix’s technology…
FRP Advisory Group acquires JDC Group for a total of £5.3 million
LONDON: FRP Advisory Group plc, a leading UK professional services firm specialising in restructuring advice, has acquired JDC Group, a news release said. Consideration compromises cash, founder deferred consideration and the issue of new ordinary shares for a total of £5.3 million plus a further payment contingent on the net assets of the JDC Group…
IGas acquires geothermal energy generator GT Energy UK
LONDON: IGas Energy has entered into a share purchase agreement (SPA) to acquire GT Energy UK Limited, a developer of deep geothermal heat projects onshore in the UK. Under the terms of the SPA, IGas will make an initial payment of £500,000 to the sellers to be satisfied in 2.22 million IGas ordinary shares on…
Inspiration Healthcare’s ventilator deliveries total £7 million
LONDON: Inspiration Healthcare Group, the global medical technology company is pleased to provide a final update on the status of ventilator deliveries to the UK National Health Service (NHS) following the most recent announcement made on 20th August 2020. In the past few weeks, further deliveries have been made with a value of £2 million…
IM Cannabis Corp completes first import into Germany; distribution further strengthened
TORONTO: IM Cannabis Corp., a multi-country operator in the medical cannabis sector with operations in Israel and across Europe, announced the first shipment from its EU-GMP supply partner into Germany. IM Cannabis Corp. also announcing three new distribution agreements signed by its German subsidiary Adjupharm GmbH, bringing the total number of distributors in its German…
Farmako GmbH signs agreement to distribute Zenabis cultivated EU-GMP cannabis in Germany
VANCOUVER: AgraFlora Organics International’s wholly owned subsidiary Farmako GmbH has executed the binding supply agreement with ZenPharm Ltd, a subsidiary of Zenabis Global Inc, a news release said. Pursuant to the Supply Agreement, ZenPharm will supply EU-GMP quality medical cannabis flower cultivated by Zenabis to Farmako for distribution to medical cannabis patients in Germany. The…
Mydecine forms special committee for the spin out of US related assets
DENVER: Mydecine Innovations Group Inc. has formed a special committee to evaluate a number of options to increase shareholders value, a news release said. Topics that the special committee will discuss include, but limited to, a potential spin out of certain company assets. Currently, the company owns and operates a number of growing US assets…
Fenestration Digital has chosen InfernoAR for five virtual trade show events in 2020/21
VANCOUVER: NexTech AR Solutions announced that Fenestration Digital, one the UK’s leading construction & media platforms, has chosen InfernoAR for five virtual trade show events in 2020/21 contracted at over $280,000. The events will have sponsorship opportunities with virtual booths and AR, potentially increasing the value of the deal significantly. Fenestration Digital is the leading…
Glitre Energi and Agder Energi explore possible merger
OSLO: In recent years, Glitre Energi and Agder Energi have developed a close, good partnership across a number of areas. The boards of the two groups have given their respective CEOs the authority to explore a possible merger. A potential merger would increase the competitiveness and profitability of the groups, and would create jobs and support value creation in…
Wilhelmsen acquires 25% of Østensjø’s growing offshore wind company, Edda Wind
OSLO: Wilhelmsen Group acquires 25% of Østensjø Group’s growing offshore wind company, Edda Wind. Wilhelmsen has also secured an option to buy another 25% before June 2021, a news release said. Launched in 2018, Edda Wind owns and operates service vessels supporting the maintenance work conducted during the commissioning and operation of offshore wind parks….
Nestlé Pakistan launches cuisine book ‘Dining Along The Indus’
KARACHI: Nestlé Pakistan recently launched a cuisine book – Dining Along The Indus. The book was earlier unveiled in 2019 in collaboration with Pakistan Mission to the United Nations at UN Headquarters in New York. Dining Along The Indus is an accolade to Nestlé’s purpose of Good food, Good life, and is a reflection of…
Pakistani consumers go cashless as trust in digital payments surges amid COVID-19
KARACHI: Visa, the world leader in digital payments, released results of a survey on the impact of the COVID-19 pandemic on payment behavior of consumers in Pakistan, which are going cashless. Visa’s Stay Secure survey also looks at consumers’ general views, preferences and concerns related to digital payments and offers key insights for merchants. The…