SAN DIEGO: Relation Insurance Services (“Relation”) announced Wednesday that it has acquired the assets of Bridlewood Insurance Services, Inc. (“Bridlewood”), a fast-growing Medicare-focused agency based in San Diego. The transaction, effective Aug. 1, 2025, expands Relation’s national footprint and deepens its Medicare expertise. Terms of the deal were not disclosed. Founded by Jeff Wetzel to…
Balmoral Funds acquires Wilbur-Ellis Nutrition, rebrands as Rangen
LOS ANGELES: Balmoral Funds LLC has acquired Wilbur-Ellis Nutrition, LLC, a leading provider of custom nutrition products for the Pet, Aquaculture and Livestock markets, from Wilbur-Ellis Holdings II, LLC. The newly independent company will operate under the historic brand name Rangen. The acquisition includes the full Nutrition business of Wilbur-Ellis, encompassing product lines such as…
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…
Zenith Energy expands Italian solar portfolio with second agrivoltaic acquisition in Lazio
LONDON: Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA) announced Wednesday the acquisition of a second agrivoltaic solar energy development project in Italy’s Lazio region, strengthening its footprint in one of the country’s most strategic areas for renewable energy. The acquisition includes 10 hectares of farmland designated for a 5-megawatt peak (MWp) agrivoltaic installation. The €650,000…
Hydropulse and ABO Energy partner to accelerate green hydrogen deployment in Europe
LONDON: Hydropulse, the newly launched build-own-operate subsidiary of ITM Power plc, has entered into a strategic partnership with ABO Energy, a global renewable energy developer, to fast-track green hydrogen projects across Europe. The collaboration aims to combine ABO Energy’s industrial offtaker network and international development pipeline with Hydropulse’s modular hydrogen production capabilities, powered by ITM’s…
Vulcan Steel to acquire Roofing Industries in NZ$88 million deal
The company reported FY25 revenue of NZ$948 million, down 10.9% SYDNEY: Vulcan Steel Ltd (ASX/NZX: VSL) said on Tuesday it will acquire New Zealand-based Roofing Industries Ltd for NZ$88 million, marking its twelfth acquisition since 1995 and expanding its footprint into the steel roofing and cladding segment. The deal, which includes associated businesses Ribline Steel,…
Story-I to acquire LIT Energy in $8 million deal amid ASX delisting
PERTH: Story-I Ltd (ASX: SRY) announced Monday it has entered into a binding heads of agreement to acquire LIT Energy Network Australia Pty Ltd for AUD $8 million, marking a strategic pivot into electric mobility as the company prepares to delist from the Australian Securities Exchange. Under the proposed acquisition, 60% of the consideration will…
MTI Wireless Edge reports strong H1 2025 performance, driven by defence and 5G growth
The company posted an 8% rise in revenue to $24.1 million, up from $22.3 million in H1 2024 LONDON: MTI Wireless Edge Ltd (AIM: MWE), a leading provider of communication and radio frequency solutions, reported robust financial results for the six months ended June 30, 2025, with growth across all core divisions. The company posted…
Checkit plc narrows losses, boosts margins in H1 FY26 amid cost cuts and AI-driven efficiency
Annual Recurring Revenue (ARR) grew 3% to £14.0 million on a constant currency basis LONDON: Checkit plc (AIM: CKT), a provider of automated operational monitoring solutions, reported a significantly improved financial performance for the six months ended July 31, 2025, driven by cost reductions and increased use of artificial intelligence in product development. The company…
Halma acquires Brownline for €150 million to bolster infrastructure technology portfolio
LONDON: Halma Plc (HLMA.L), the global group of life-saving technology companies, announced on Tuesday that it has acquired Brownline, a Netherlands-based provider of gyroscopic locating systems, for €150 million (approximately £129 million) in cash. The acquisition, funded from Halma’s existing facilities on a cash- and debt-free basis, is a strategic move to expand the company’s…
Bunzl expands global footprint with four strategic acquisitions across Spain, Mexico, Brazil, and Chile
LONDON: Bunzl plc, the specialist international distribution and services group, announced Tuesday the completion of four acquisitions, including two previously disclosed deals, as part of its ongoing global expansion strategy. In July, Bunzl finalized the acquisition of Quindesur, a Spanish distributor of foodservice and cleaning & hygiene products with a strong presence in Southern Spain….
Pilbara Minerals posts $196 million loss amid lithium price slump, maintains strong operational output
PERTH: Pilbara Minerals Ltd. (ASX: PLS) reported a statutory loss of A$196 million for the fiscal year ended June 30, 2025, as lithium prices fell sharply, eroding margins despite record production and sales volumes. Revenue dropped 39% to A$769 million, driven by a 43% decline in the average realised price of spodumene concentrate, the company…