LONDON: Wincanton plc, the largest British third-party logistics company, has successfully extended its relationship with Morrison Supermarkets PLC. Morrisons has awarded Wincanton the management of their transport and VMU operations at Willow Green, Bridgwater, which will commence later this year. This substantial contract extension will involve the TUPE transfer of over 250 colleagues from the…
Superdry takes back full control of its brand in China
LONDON: Superdry Plc announced that following a review of its long-term business plan for its operations in China, it will be taking back full control of the Superdry brand in China. It has reached an amicable agreement with its current local partner Trendy International to exit their joint venture, Trendy and Superdry Holding Limited. This…
Federated Wireless partners with AWS to enable new edge computing and data transfer
SEATTLE: Amazon Web Services Inc. (AWS), an Amazon.com company, announced AWS Snowcone, a new small, ultra-portable, rugged, and secure edge computing and data transfer device. AWS Snowcone is the smallest member of the AWS Snow Family of devices, enabling customers to collect data, process it locally, and move it to AWS either offline (by shipping…
Tesco agrees sale of business in Poland for £181m
LONDON: Tesco Plc announced the sale of its business in Poland to Salling Group A/S. The transaction, which is subject to antitrust approval, includes the sale of 301 stores together with the associated distribution centres and head office. Commenting on the sale, Dave Lewis, Chief Executive of Tesco, said: “We have seen significant progress in…
Euronext launches suite of ESG products and services to empower sustainable growth
PARIS, FRANCE: Euronext has announced the launch of a new suite of ESG-focused products, services and initiatives, designed to provide a robust framework of tools for European capital markets to fuel sustainable growth. Euronext has partnered with Vigeo Eiris Moody’s to design a new ESG index, the Euronext Eurozone ESG Large 80, which tracks the Eurozone’s…
TransCanna expands distribution into the Los Angeles market
VANCOUVER: TransCanna Holdings Inc. announced through its wholly-owned subsidiary Lyfted Farms Inc. an Inventory and Product Agreement with Cali Plug UHCC for its highly anticipated inaugural retail location. Cali Plug was founded in 2006 and is a significant influencer in the cannabis space, with approximately 200,000 Instagram followers. July 2020 is the target date for…
Weekend Unlimited announces record volume purchase order of Orchard Heights Vape carts in Oklahoma
VANCOUVER: Weekend Unlimited Industries has received two record volume sized purchase orders in aggregate totaling 20,000 Orchard Heights vape cartridges in Oklahoma from both a new and existing customer. Combined these orders will generate CAD $112,452 in revenue for the WKND! with a 22% gross profit . These revenues are in addition to the record…
Generation Mining begins MT surveys on the Marathon Palladium Property
TORONTO: Generation Mining Limited announced the engagement of Quantec Geoscience Limited to complete a Spartan Magnetotelluric (MT) geophysical survey over portions of the Company’s Marathon Property. The survey will be targeting down dip extensions to palladium enrichment zones at the W-Horizon as well as the large, high velocity seismic anomaly near the Sally Deposit. MT…
Norwegian Air Shuttle to reopen 76 routes and add 12 aircraft to operations
OSLO, NORWAY: Norwegian Air Shuttle announced that due to customer demand the airline will reopen 76 routes from 1 July, 2020. The network will include both domestic routes and flights to other European countries. The re-opening of flights is the result of recent increased demand from customers and is also in line with other airlines…
Biotec Pharmacon changes name to ArcticZymes Technologies
TROMSØ: Biotec Pharmacon announced it has officially rebranded to ArcticZymes Technologies. As previously announced and decided by the Annual General Meeting, Biotec Pharmacon ASA has formally changed its name to ArcticZymes Technologies ASA. The new name is formally registered with Brønnøysundregistrene and will trade under the new ticker “AZT” over the next days. The company…
Investcorp’s Calligo Limited acquires Itomic Voice & Data Ltd
BAHRAIN: Investcorp’s portfolio company Calligo Limited, the world’s first end-to-end managed data services provider, has acquired Itomic Voice & Data Ltd. Itomic is a Cork and Dublin-based IT managed services provider, specializing in IT solutions and maintenance and managed Microsoft 365 and Azure services. Founded in 2012, Jersey-based Calligo puts data and its privacy at…
Sungas Holding contemplates sale of shares in Avance Gas Holding
OSLO: Arctic Securities AS has been engaged by Sungas Holding Ltd. to explore the sale of up to 3.0 million existing shares in Avance Gas Holding Ltd., representing approximately 4.65 percent of the share capital and voting rights in the Company. The Transaction is to be conducted by way of an accelerated bookbuilding process. The…