LONDON: Mpac Group plc, a global leader in high-speed packaging and automation solutions, has acquired the trade and certain assets of SIGA Vision Ltd, a UK-based provider of machine vision solutions to the food, beverage and healthcare markets. SIGA, founded in 2007, is a leading designer of automated visual inspection systems, providing customers with solutions for…
Tungsten West appoints Jeffery Court as Chief Executive Officer
LONDON: Tungsten West (LON:TUN) announced the appointment of Mr Jeffery Court as Chief Executive Officer (“CEO”) of the Company. The appointment is intended to be effective no later than 1 November 2024. David Cather, Chairman of Tungsten West, said: “On behalf of the Board, I am delighted to welcome Jeff as the CEO of Tungsten…
Capital Limited sold Predictive Discovery Limited to Perseus Mining for A$47.3 million
LONDON: Capital Limited (LSE: CAPD), a leading mining services company, announced the sale of its entire shareholding in Predictive Discovery Limited to Perseus Mining Limited for total cash consideration of A$47.3 million (US$31.2 million) today. The agreement with Perseus includes a profit share arrangement whereby Capital and Perseus have agreed to share (on a 50/50 basis)…
Ferguson Enterprises acquired Gerster Equipment Co. and United Water Works
Ferguson Enterprises Inc. (NYSE: FERG) has acquired Gerster Equipment Co. and United Water Works Inc. The company closed on ten acquisitions last fiscal year, which ended July 31, 2024. Headquartered in Buffalo, NY, with a second location in Syracuse, NY, Gerster Equipment is a distributor of Trane and Mitsubishi HVAC brands. This acquisition allows Ferguson…
Keywords Studios has acquired Wushu Studios Limited
LONDON: Keywords Studios has announce the acquisition of Wushu Studios Limited, a leading game development studio headquartered in Liverpool, United Kingdom. Wushu was founded in 2017, initially as an original IP studio, before transitioning to a work-for-hire model, providing a range of services to high-profile publishers and developers on co-development and full development projects as…
Vinyl Group acquires Mediaweek for $1 million
Melbourne, Australia: Vinyl Group (ASX: VNL), Australia’s only ASX-listed music company, has executed a binding Heads of Agreement to acquire Mediaweek from Chattr Pty Ltd. Mediaweek is a leading media trade publication in Australia in both readership and industry respect. The company was founded in 1990 and has a monthly average readership of 300,000 unique…
CVC Advisors led consortium offers to acquire Hargreaves Lansdown for £5.443 billion
CVC Advisors Limited led consortium through indirectly owned Harp Bidco Limited, has made final cash offer to acquire Hargreaves Lansdown plc (HL) at the rate of 1,140 pence in cash/share. The cash offer values HL’s entire issued, and to be issued, ordinary share capital at approximately £5.443 billion on a fully diluted basis. Hargreaves Lansdown plc (HL) is…
Hill & Smith acquires Trident Industries for upto $46 million
LONDON: Hill & Smith plc, the international provider of sustainable infrastructure products and services, announced the acquisition of Trident Industries LLC. The group has completed the acquisition of the business and assets of Trident for an initial cash consideration of $13.5m (c.£10.6m), on a debt and cash free basis. Further cash consideration of up to $32.5m…
Nokia and Swisscom Broadcast to deploy largest Drones-as-a-Service network in Switzerland
Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-a-Service network across Switzerland. 300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe. This will be the second nationwide Nokia Drone Networks project after Belgium’s Citymesh deployment. It will support…
Genuit Group has acquired Sky Garden Limited, Omnie and Timoleon for a total £5.0 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, announced the acquisition of Sky Garden Limited, Omnie and Timoleon. Sky Garden Limited is a leader in green roof technologies providing design, supply, installation and maintenance services for green and bio-solar roofs, podium decks and green…
Assura to acquire Northwest Healthcare’s UK private hospitals for £500 million
LONDON: Assura plc has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares. Assura believes there is significant opportunity in the structurally-supported private hospital market with strong growth potential and attractive…
Zimmer Biomet agrees to acquire OrthoGrid Systems
WARSAW: Zimmer Biomet Holdings Inc. (NYSE: ZBH), a global medical technology leader, signed a definitive agreement to acquire OrthoGrid Systems Inc., a privately-held medical technology company focused on artificial intelligence (AI)-driven surgical guidance systems for total hip replacement. The acquisition includes OrthoGrid’s AI-powered, fluoroscopy-based surgical assistance platform Hip AI, as well as two additional FDA-cleared…