LONDON: Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, has sold Graniser, the Group’s ceramic tile manufacturer based in Izmir, Turkey. Total consideration paid by the buyer, Mr Hasan Akgün, was €36.8 million (£30.9m) paid as to €10.0 million (£8.4 m) cash on completion, plus the assumption of €26.8 million…
SysGroup has acquired trade and assets of Crossword Consulting Limited
LONDON: SysGroup plc (AIM:SYS), the technology partner for delivery and management of cloud, data, and security services to power Artificial Intelligence (AI) and Machine Learning (ML) transformation, announced its acquisition of the trade and assets of Crossword Consulting Limited (CCL), the consulting arm of Crossword Cybersecurity plc. The Group announced the acquisition for cash consideration…
Acuity Risk Management Ltd has acquired the Rizikon
LONDON: Acuity RM Group plc (AIM: ACRM), the risk management software group delivering GRC SaaS solutions, announced its wholly owned subsidiary Acuity Risk Management Ltd has acquired the Rizikon product including software, IP and customer lists from Crossword Cybersecurity plc for a cash consideration of £15,000. Rizikon is an automated Third Party GRC software product…
Kering appoints Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga
Kering today announced the appointment of Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga, effective January 2, 2025. Both will report to Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, who from then on will be entirely dedicated to the development of all Kering Fashion, Leather Goods…
Azelis has agreed to acquire Haarla Oy based in Finland
ANTWERP: Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire 100% of the shares of Haarla Oy, a specialty distributor of food ingredients and industrial chemicals based in Finland. Haarla Oy has a well-established position in the food ingredients market and across various industrial…
Amanda Larnder appointed CEO of Synectics plc
LONDON: Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announce the appointment of Amanda Larnder, currently interim Chief Executive Officer and Chief Financial Officer, as its Chief Executive Officer with immediate effect. Following the sudden passing of Paul Webb, the Company’s former Chief Executive Officer, in late August 2024, Amanda has…
Corcel Plc expands into Brazilian onshore gas market
LONDON: Corcel Plc, a London AIM-listed energy company with a focus on Angola and Brazil, has announced that its wholly-owned subsidiary, CRCL Brazil Ltd, has entered into a binding option agreement with Petroborn Óleo e Gás S.A. This agreement includes acquiring a 20% interest in the IRAI gas field, a Right-of-First Refusal (ROFR) over the…
Halma Plc has acquired Lamidey Noury Medical for €50 million
LONDON: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today announces that it has acquired Lamidey Noury Medical. Founded in 1947 and headquartered close to Paris, Lamidey Noury manufactures advanced electrosurgical and associated energy devices which are used in minimally invasive urology,…
Elders Limited acquires Delta Agribusiness for $475 million
SYDNEY: Elders Limited has announced it will acquire 100% of the shares in Delta Agribusiness Pty Ltd for an enterprise value of $475 million. Delta is an Australian agribusiness offering rural products and advisory services through 68 locations and around 40 independent wholesale customers. In the last twelve months leading up to June 30, 2024,…
EQ Resources acquires Tungsten Metals Group for strategic growth
SYDNEY: EQ Resources Limited (EQR) has announced a binding Heads of Agreement (HoA) to acquire 100% of the shares in Tungsten Metals Group Limited (TMG) and its subsidiaries, as well as Mr. George Chen’s shares in Asia Tungsten Products Co Ltd (ATC). Together, TMG and ATC form TMG Group. TMG Group owns and operates the…
Apple’s Busy Week: New Features and Future Products
This week, Apple made headlines with several interesting updates and rumours. Here’s a quick roundup: iPhone Reboot Code: Apple has quietly introduced a new reboot code for iPhones. This code is reportedly causing some difficulties for law enforcement as it locks them out of devices. Find My Enhancements: The Find My app now allows users…
Tesla Roundup: Crypto Endorsements, Political Backlash, and Charging Innovations
Elon Musk’s Crypto Endorsement and Political Moves Elon Musk, the Tesla billionaire, has recently endorsed bitcoin and backed Howard Lutnick for Trump’s Treasury secretary. This move comes amid Musk’s warnings about U.S. government spending and potential financial emergencies. His endorsement of Donald Trump has sparked anger among some Tesla owners, leading them to buy anti-Musk…