SYDNEY, AUSTRALIA: Surefire Resources NL (ASX:SRN) announced the appointment of Mr Jan De Jager as Chief Executive Officer (CEO) effective as of today. Jan is a highly experienced mining executive with a proven track record in listed international mining companies. He has more than 25 years’ experience across operational, finance, commercial, strategy, and business development…
Southern Cross Electrical Engineering to acquire MDE Group for $10.55m
SYDNEY, AUSTRALIA: Southern Cross Electrical Engineering Limited (SCEE Group) has executed a Share Purchase Agreement to acquire 100% of MDE Group Pty Ltd (“MDE”) for an enterprise value of up to $10.55m. Completion is expected to occur by the end of May 2024. Founded in 2006 and based in Sydney, MDE Group provides communications, data,…
Tenaris commences $300 million tranche of $1.2 billion buy back
Tenaris S.A., a global leader in steel tube manufacturing, has initiated the third tranche of its Share Buyback Program. The company, listed on multiple stock exchanges including NYSE, Mexico, and Italy, has confirmed the commencement of a $300 million buyback phase, starting May 13, 2024. This strategic financial maneuver is part of a broader $1.2…
Zinzino has acquired Luxembourg-based direct sales company Xelliss for EUR 2 million
Scandinavian health and wellness giant Zinzino has announced the acquisition of Luxembourg-based direct sales company Xelliss. The deal, which includes the rights to Xelliss’s distributor database, customer register, inventory, and intellectual property, marks a pivotal step in Zinzino’s ambitious growth strategy aimed at enhancing personal health and well-being worldwide. Xelliss, renowned for its natural wellness,…
U.S. celebrates launch of first American-built offshore wind service vessel
In a landmark achievement for the U.S. offshore wind energy sector, the nation witnessed the christening of the ECO EDISON, the first-ever offshore wind service operations vessel (SOV) constructed in America, owned by Americans, and operated by an American crew. This vessel is set to play a pivotal role in fostering domestic energy production and…
Xponential Fitness appoints Brenda Morris as interim CEO
Xponential Fitness, Inc. (NYSE: XPOF), a leading health and wellness franchise, has announced a major reshuffle in its top management. Brenda Morris, a seasoned executive with a substantial track record, has been appointed as the interim Chief Executive Officer with immediate effect. Brenda Morris, who has been a part of Xponential’s Board of Directors since…
Wipro Limited appoints Vinay Firake as CEO of APMEA Strategic Market Unit
Wipro Limited, a global leader in technology services and consulting, has announced the immediate appointment of Vinay Firake as the new Chief Executive Officer for its APMEA (Asia Pacific, India, Middle East & Africa) Strategic Market Unit. Firake, a Wipro veteran of 26 years, will also serve on the Wipro Executive Board. Firake’s tenure at…
GeoPark signs new offtake agreement with Vitol in Colombia
GeoPark Limited, a prominent independent explorer and operator, has inked a pivotal offtake and prepayment agreement with Vitol, the global energy and commodity powerhouse. According to a press release, Under the terms of the agreement, GeoPark will supply Vitol with a minimum of 20,000 barrels of oil per day from the prolific Llanos 34 Block,…
Associated Terminals has acquired S.H. Bell Company
Associated Terminals, a premier provider of stevedoring and marine services, has announced the acquisition of the esteemed S.H. Bell Company and its subsidiaries. The move is set to bolster the global supply chain by integrating the strengths of both entities, a press release noted. S.H. Bell Company, recognized for its exceptional handling, storage, processing, packaging,…
Builders FirstSource has acquired Schoeneman’s Building Materials Center
1stWEST Mergers and Acquisitions, a premier investment bank specializing in M&A advisory, has successfully overseen the acquisition of its client, Schoeneman’s Building Materials Center, by the industry giant Builders FirstSource (NYSE: BLDR). The transaction, marked by 1stWEST M&A’s expert guidance, reached completion within a mere 45 days following the signing of the letter of intent,…
CoreWeave commits £1 billion to UK’s AI sector
CoreWeave, a leading provider of specialized cloud services for AI, has announced the establishment of its European headquarters in London. This move is part of the company’s wider strategy to expand across the European continent. The new office in London represents a substantial investment of £1 billion, aimed at enhancing the UK’s capabilities in AI….
The Access Group agrees to acquire Lightyear, a provider of finance automation solutions
LOUGHBOROUGH, England: The Access Group, a leading provider of business management software to mid-market organisations in the UK, Ireland, the US and Asia Pacific, has entered into an agreement to acquire Lightyear, a leading provider of finance automation solutions. This latest acquisition will extend the Group’s offering in ERP software globally and transform the purchasing…