A New Door to Knowledge Books have always been a bridge between worlds yet millions of people still stand on the wrong side of that bridge. Printed works cost money to publish and ship and in many regions even basic bookshops remain scarce. The growth of e-libraries changes this balance. A single digital space can…
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ProAmpac to acquire PAC Worldwide, expanding global packaging capabilities
REDMOND: ProAmpac, a global leader in flexible packaging and material science, announced Wednesday it has signed a definitive agreement to acquire PAC Worldwide, a provider of innovative packaging solutions. Financial terms of the deal were not disclosed. The acquisition marks a strategic move to create a fully integrated packaging platform, combining ProAmpac’s material science expertise…
CLS Holdings reports half-year 2025 results amid strategic reshaping and leasing momentum
LONDON: CLS Holdings PLC (LSE: CLI), a leading office space specialist with a £1.75 billion portfolio across the UK, Germany, and France, announced its half-year financial results for the six months ended June 30, 2025, highlighting strategic progress in lettings, asset sales, and refinancing. The Group reported a net rental income of £53.3 million, down…
Xaar Plc reports 7% revenue growth in H1 2025, driven by jewellery wax and printhead expansion
CAMBRIDGE: Xaar plc, a leading inkjet printing technology group, reported a 7% increase in revenue for the first half of 2025, reaching £27.2 million, up from £25.5 million in the same period last year. The growth was led by a surge in printhead sales, particularly in the jewellery wax segment. Printhead revenue rose 20% to…
Software Circle reports solid FY25 growth amid AI expansion
LONDON: Software Circle plc (AIM: SFT) on Wednesday reported preliminary results for the year ended March 31, 2025, with strong revenue growth and improved adjusted EBITDA, bolstered by acquisitions and expanding use of artificial intelligence across its operations. The Group posted full-year revenue of £18.3 million, up from £16.2 million in FY24, while adjusted EBITDA…
Aurora Labs signs MoU with Mayman Aerospace to develop 3D-printed propulsion systems
CANBERRA: Aurora Labs Limited (ASX: A3D), an Australian industrial 3D printing company, announced Wednesday it has entered a Memorandum of Understanding (MoU) with U.S.-based Mayman Aerospace to explore collaborative opportunities in advanced propulsion systems for vertical take-off and landing (VTOL) aircraft. The two-year agreement focuses on developing 3D-printed micro gas turbines for integration into Mayman…
My Business That’s Always “In the Making” – Why Ideas Aren’t Enough
For over a decade, I’ve told myself (and anyone who’d listen) that my business is in the making. I own a domain. I have a long list of ideas. But here’s the hard truth: An idea isn’t a business—it’s an excuse. So what’s the real hurdle? Execution. My Business: The Dream vs. The Reality My…
Atlas FRM’s bidco offers to acquire De La Rue in £263 million deal
LONDON: ACR Bidco, a company wholly owned by Atlas FRM LLC, has agreed to acquire British banknote printer De La Rue in a recommended all-cash deal worth approximately £263 million ($330 million). Under the terms of the agreement, De La Rue shareholders will receive 130 pence per share. The acquisition will be implemented through a…
De La Rue moves forward with sale of Authentication Division
LONDON: De La Rue plc announced Monday that all conditions for the sale of its Authentication division to Crane NXT have been satisfied, finalizing a deal first proposed in October 2024. The British security printing company said its subsidiary, De La Rue Holdings Limited, has entered into a share purchase agreement with Crane NXT, a…
CLS sells Spring Mews Student for £101.1 million
LONDON: CLS Holdings Plc announced that it has unconditionally exchanged on the sale of its student accommodation asset, Spring Mews Student, located in Vauxhall, London, to Rosethorn Capital Partners and Barings for £101.1 million in net cash consideration. The transaction, which aligns with the December 31, 2024, valuation, represents an 8.1% increase from the 2023 year-end valuation….
Spectra Systems to manufacture sensors for an existing central bank customer
LONDON: Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, security printing and gaming security software, entered into a contract worth $37.9 million to manufacture sensors for an existing central bank customer. A second tranche of consideration of $1.7 million is expected later this year upon signature of the related…
ME Group divests Sempa in strategic shift to core operations
LONDON, UK: ME Group, a leader in instant-service equipment, has announced the divestiture of its subsidiary, Sempa, to Food Machine Invest, a French entity. The transaction, completed on May 20, 2024, saw ME Group GSS relinquish its entire stake in Sempa for a cash sum of €4.6 million. The decision to sell comes after a…