PARIS, FRANCE: Air Liquide (Paris: AI) has announced the sale of its operations in twelve African nations to Adenia Partners Ltd. The divestiture encompasses the group’s activities in Benin, Burkina Faso, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Madagascar, Mali, Democratic Republic of Congo, Senegal, and Togo, which collectively generate annual sales of approximately 60 million…
Rocscience expands software portfolio with acquisition of 3GSM
Toronto-based Rocscience Inc. has acquired 3GSM, an Austrian company renowned for its geologic mapping and analysis software. This acquisition is in line with Rocscience’s growth trajectory, closely following its acquisition of DIANA FEA. 3GSM is celebrated for its user-friendly 3D software that serves the tunneling, mining, and civil engineering sectors by providing detailed evaluations of…
FluidOne’s Cyber Security Associates (CSA) has acquired SureCloud Cyber Services
FluidOne’s cyber division, Cyber Security Associates (CSA), has acquired SureCloud Cyber Services. This acquisition positions CSA to offer a more robust suite of cyber security solutions, integrating SureCloud’s expertise in CREST and NCSC CHECK certified penetration testing and cyber risk consulting. SureCloud, a cloud-born company since 2006, brings a team of 28 specialists and a…
MCS has acquired Five Brothers Asset Management Solutions
MCS, a leading national property services company established in 1986, has announced the acquisition of Five Brothers Asset Management Solutions. This strategic move unites two of the foremost companies in the property preservation sector. The merger is set to create a powerhouse in the national property preservation and services market, offering a comprehensive suite of…
ProAmpac acquires Gelpac to expand packaging capabilities
ProAmpac, a leader in flexible packaging and material science, has announced its acquisition of Gelpac, a top producer of multiwall paper and poly-woven packaging products. The acquisition, facilitated by an investor group led by NAMAKOR Holdings, W Investments, and CDPQ, is set to enhance ProAmpac’s capacity and diversify its product offerings across North America. Gelpac,…
Turtle Beach Corporation announces strategic acquisitions and executive appointments
In a significant move to bolster its market presence, Turtle Beach Corporation (Nasdaq: HEAR), a prominent player in the gaming accessories domain, has announced a series of strategic decisions following the establishment of a Value Enhancement Committee in 2023. The Board of Directors has sanctioned comprehensive changes aimed at enhancing business value, optimizing capital allocation,…
Saint-Gobain boosts construction chemicals business, advances innovative decarbonization
LONDON: Saint-Gobain Construction Chemicals is expanding its efforts to deploy new additives for low-carbon cement and concrete. These low-carbon technologies open up tremendous opportunities for co-development with new partners in fast-growing markets and to accelerate Saint-Gobain’s profitable growth in construction chemicals. Two partnerships illustrate this move: – Saint-Gobain has participated in the fund raising of…
Mercia completes syndicated funding rounds into three existing direct investments
LONDON: Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£1.5billion of assets under management, has recently completed syndicated funding rounds into three of its existing direct investments, an AIM news announcement stated. The investments comprised: Dr Mark Payton, CEO of Mercia Asset Management PLC, said: “We continue to be…
Sign In Solutions offers to acquire SmartSpace Software for £28.35 million
LONDON: Sign In Solutions Inc. (SIS) and SmartSpace Software have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of SmartSpace by Sign In Solutions’s subsidiary, Welcome UK Bidco Limited. Under the terms, each SmartSpace shareholder will be entitled to 90 pence in cash/share….
AstraZeneca enters definitive agreement to acquire Amolyt Pharma for $1.05 billion
AstraZeneca announced that it has entered into a definitive agreement to acquire Amolyt Pharma, a clinical-stage biotechnology company focused on developing novel treatments for rare endocrine diseases. Under the terms of the agreement, AstraZeneca will acquire all of Amolyt Pharma’s outstanding shares for a total consideration of up to $1.05 billion, on a cash and debt free basis….
SBM Offshore and Technip Energies to jointly create EkWiL, a floating offshore wind company
AMSTERDAM: SBM Offshore and Technip Energies have signed a Memorandum of Understanding for the creation of a joint venture entity, EkWiL. The new company will be a Floating Offshore Wind (FOW) pure player, capable of proposing a wide range of solutions to clients. EkWiL will combine the people expertise, engineering and delivery capabilities, and complementary…
Vmoto acquires remaining 50% of Vmoto Soco Italy, appoints new executives
SYDNEY: Vmoto Limited has announced the full acquisition of Vmoto Soco Italy (VSI), purchasing the remaining 50% stake from European entrepreneurs Giovanni Castiglioni and Graziano Milone. This move increases Vmoto’s share to 100% and aligns with strategic objectives to enhance Italian operations, streamline distribution, and achieve cost savings. Established in 2018, VSI has become a…