Oshkosh Corporation, a leading maker of purpose-built vehicles and equipment, has announced its investment in Eatron Technologies, a developer of intelligent software for batteries. The investment supports Oshkosh’s vision to use advanced analytics and predictive modeling for its electric vehicles. Eatron’s software adds a smart layer on top of existing battery control platforms, enabling accurate…
CMA CGM acquires Bolloré Logistics for 4.85 billion euros
PARIS: CMA CGM, a global leader in maritime transport, announced today that it has completed the purchase of Bolloré Logistics, a leading transport and logistics company in France and worldwide. The deal, worth 4.85 billion euros, is based on the estimated debt and cash on the closing date. It also includes the transfer of Bolloré…
Summit Partners invests in Insurcomm, a leading restoration services provider
Insurcomm, a provider of commercial and residential restoration services, has received a majority growth investment from Summit Partners, a global alternative investment firm. The investment will help Insurcomm expand its operations and acquire other providers who share its mission of delivering high-quality service to clients facing property loss events. Insurcomm offers a range of property…
EasyKnock raises $28M to expand home equity solutions platform
EasyKnock, the first home equity solutions platform in the U.S., announced a $28 million Series D funding round led by Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual. The round also included new and existing investors. The company will use the new capital to enhance its platform, which offers consumers alternative ways…
T-Mobile Brings 5G Home Internet to Puerto Rico
T-Mobile (NASDAQ: TMUS) has launched its 5G Home Internet service in Puerto Rico, offering customers a new option for fast, reliable and affordable broadband. The service uses the Un-carrier’s 5G network, which is the largest and fastest in the island, and costs $50 a month with AutoPay and a voice line. Customers who sign up…
CSS acquires R|L to enhance revenue performance solutions
The Center for Sales Strategy (CSS), a total revenue performance company, has announced the acquisition of Robertson Lowstuter (R|L), an industry-leading executive coaching firm. The deal, which was finalized on February 26, 2024, will enable CSS to offer a wider range of solutions to help organizations improve their revenue performance, from sales consultancy and lead…
Fore Biotherapeutics appoints Bill Hinshaw as new CEO
Fore Biotherapeutics, a biotech company developing novel cancer therapies, announced today that it has appointed Bill Hinshaw as its new Chief Executive Officer and Board member, effective immediately. Mr. Hinshaw succeeds Dr. Shawn M. Leland, who served as Advisor and Interim CEO during the transition period and will continue to support the company as a…
GXO makes £762 million cash offer for Wincanton
LONDON: GXO Logistics, Inc. (“GXO”) has announced a cash offer for Wincanton Plc (“Wincanton”), a leading UK provider of supply chain solutions, valuing the company at £762 million. Wincanton shareholders will receive 605 pence in cash for each share they hold, a 26 per cent. premium over the final offer from CEVA, a rival bidder,…
Power Metal to acquire 75% stake in GSAe
LONDON: Power Metal Resources PLC, a London-listed exploration company, has announced a deal to buy 75% of GSAe, a UK-based engineering technology provider that specialises in extracting strategic metals from waste sources. GSAe’s technology enables the production of high-purity metals such as scandium, yttrium, rare earth elements, vanadium, nickel and niobium, which are used in…
Technip Energies announces €100 million share buy-back program
PARIS: Technip Energies, a leading Engineering & Technology company for the Energy Transition, has launched a share buy-back program of up to €100 million, with the aim of returning capital to shareholders and fulfilling its obligations under equity compensation plans, a company announcement noted. The program, which will run until December 31, 2024, will allow…
BSF and Amelie Pichard to create first lab-grown leather fashion accessories
LONDON: BSF, a biotech company that owns tissue engineering firms 3DBT and Kerato, has signed a memorandum of understanding with Maison Amelie Pichard, a fashion company that uses eco-friendly materials, to develop and sell fashion accessories that incorporate lab-grown leather. This is the first time that real lab-grown leather, which mimics the structure of traditional…
Getech and East Star Resources join forces to explore copper in Kazakhstan
LONDON: Getech, a world-leading locator of subsurface resources, has entered into a joint venture agreement with East Star Resources plc, a London listed Kazakhstan focused copper exploration company, to pursue copper exploration in Kazakhstan. The joint venture will be conducted through a subsidiary established specifically for this purpose. Utilising its proprietary data, enhanced by in-house…