Inverness Graham’s Green Light strategy, known for its commitment to environmental sustainability, has taken a significant step forward with the acquisition of BioTek Ag by its subsidiary, Custom Agronomics. This strategic move not only broadens Custom Agronomics’ offerings in eco-friendly plant nutrients and soil health solutions but also strengthens its market presence across the Midwest…
Origin Energy has acquired 1.5GW Yanco Delta Wind Farm
SYDNEY: Origin Energy Limited has taken a significant step in its renewable energy strategy by entering into an agreement with Virya Energy. This deal involves the acquisition of the Yanco Delta Wind Farm, a prominent wind and energy storage project in New South Wales. The Yanco Delta project is situated within the South West Renewable…
An Ultimate Guide to Enterprise Resource Planning for Business
Are you a growing business organization looking for 360° software that can solve all your problems? If yes, then this article is for you. Here, we will discuss enterprise resource planning and how it has helped grow businesses at every stage. So stay tuned. What is ERP? Enterprise resource planning or ERP, is a new-age…
Getlink has acquired ChannelPorts Ltd, a British customs intermediary
Getlink (Paris:GET) has announced the strategic acquisition of ChannelPorts Ltd, a foremost British customs intermediary. With a history dating back to 1974 and situated in Folkestone, Kent, ChannelPorts boasts a dedicated workforce of 44 and reported revenues of approximately £10M in 2023. This acquisition is poised to address critical transportation challenges and simplify the complexities…
Anrok secures $30 Million in Series B Funding
Anrok, a leading global sales tax platform tailored for software companies, has successfully closed a $30 million Series B funding round. The round was spearheaded by Khosla Ventures and saw contributions from heavyweight investors such as Sequoia Capital and Index Ventures. Notably, the round also attracted individual investments from industry veterans like Karen Peacock, David…
Contentful appoints Karthik Rau as new CEO
Contentful, a leader in composable content platforms, has announced the appointment of Karthik Rau as its new Chief Executive Officer. Rau, succeeding Steve Sloan, brings over two decades of leadership and innovation to the role, having previously founded SignalFx and played a pivotal role in VMware’s early success. Rau’s vision for Contentful aligns with the…
Syncona to sell Clade Therapeutics to Century Therapeutics for $45 million
LONDON: Syncona Ltd has signed an agreement for the sale of its portfolio company Clade Therapeutics to Century Therapeutics for $45 million. Century is a biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies. Syncona committed $30 million to Clade in August 2021 alongside a syndicate of specialist investors as part of a $87…
Animalcare Group to sell it’s stake in STEM Animal Health for $4.7m
LONDON, UK: Animalcare Group plc (AIM: ANCR) has reached agreement in principle to sell its 33.34% equity stake in STEM Animal Health Inc. (STEM) to Dechra Pharmaceuticals Limited for a total cash payment of US$4.7m. STEM is currently owned by Animalcare and Canada-based Kane Biotech Inc. Other items covered by the agreement will bring the…
Captura secures $45.3 million in expanded Series A round
Captura has successfully expanded its Series A funding round, amassing a total of $45.3 million. This infusion of capital is a testament to the company’s dynamic growth and its commitment to advancing its Direct Ocean Capture (DOC) technology—a promising solution that leverages the ocean’s inherent carbon absorption capabilities. The latest funding round welcomed National Grid…
Societe Generale to divest equipment financing business to Groupe BPCE for €1.1 billion
PARIS, FRANCE: Societe Generale’s Board of Directors has approved the signing of a Memorandum of Understanding with Groupe BPCE for the divestment of the professional equipment financing businesses operated by Societe Generale Equipment Finance (SGEF). Groupe BPCE would take over most of Societe Generale Equipment Finance activities, which offer tailor-made financing and leasing solutions for…
M&C Saatchi appoints of Rob Doubal and Laurence Thomson as new joint Global CCOs
LONDON, UK: M&C Saatchi announced the appointment of Rob Doubal and Laurence (Lolly) Thomson as the new joint Global Chief Creative Officers (CCOs). Rob and Lolly join M&C Saatchi from McCann London, where they held the position of joint CCOs of McCann UK and co-presidents McCann London. This is a newly created role and will…
Shurgard Self Storage offers to acquire Lok’nStore in a £378 million deal
LONDON, UK: Shurgard Self Storage Ltd has reached agreement on the terms of a recommended cash offer to acquire Lok’nStore Group. Under the terms of the acquisition, Lok’nStore shareholders will be entitled to receive 1,110 pence in cash for each share valuing the entire issued and to be issued share capital of Lok’nStore at approximately…