Cavli Wireless, a leading innovator in the Internet of Things (IoT) sector, is gearing up to introduce its groundbreaking 5G RedCap CQM220 Cellular IoT Module at the prestigious Embedded World 2024. The event, which is the pinnacle for embedded technology enthusiasts, will take place at NürnbergMesse GmbH in Nuremberg, Germany, from April 9 to 11….
Carrefour buybacks 25 million shares from Galfa
PARIS: Retail giant Carrefour has announced a significant share buyback, acquiring 25 million of its own shares from Galfa, a subsidiary of the Motier group. This transaction, representing approximately 3.5% of Carrefour’s capital, will see Galfa’s remaining stake in the company adjust to 7.71% of the capital and 13.3% of the voting rights. This buyback…
Eurowag reports 34.4% increase in net revenue during 2023
LONDON, UK: W.A.G payment solutions plc, known as Eurowag, a leader in the pan-European payments and mobility sector for commercial road transport, has announced its preliminary financial results for the year ending December 31, 2023. The Group reported a strong performance with a significant increase in net revenue and sustained growth across its business-critical products…
AIREA plc reports 14.1% increase in group revenue during 2023
LONDON, UK: AIREA plc, a leading UK-based specialist in design-led flooring, has reported a significant increase in its annual financial results for the year ending December 31, 2023. The company, known for its innovative approach to flooring solutions, has seen a 14.1% surge in group revenue, reaching £21.1m, up from £18.5m the previous year. The…
CPP Group posts 14% increase in revenue during 2023
LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products that alleviate disruptions to everyday life for millions worldwide, announced its annual financial results for the year ending December 31, 2023. The company has seen a commendable increase in group revenue, which rose by 14% to £193.0 million, up from £169.8…
Smiths Group reports 3.9% increase in organic revenue in 2023
LONDON, UK: Smiths Group PLC, a leader in engineering innovation, has announced a solid half-year performance with a notable 3.9% increase in organic revenue and a 16.5% surge in orders for the first half of the fiscal year ending January 31, 2024. The company remains confident in achieving its full-year organic revenue growth target of…
TruFin plc finalizes sale of Interact Platform to VCI Global Ltd
LONDON, UK: TruFin plc has announced the finalization of its deal to sell the intellectual property and assets of its augmented reality and gamification AdTech platform, Interact, to VCI Global Ltd (VCIG). The transaction, which was initially disclosed on November 21, 2023, is set to complete on March 28, 2024. Under the terms of the…
Zotefoams Plc appoints Ronan Cox as new Group CEO to lead global expansion
LONDON, UK: Zotefoams, a pioneer in cellular materials technology, has announced the appointment of Ronan Cox as the Group CEO designate. The announcement follows the company’s earlier statement on 7 November 2023. Cox, who brings a wealth of international leadership experience, will join Zotefoams on 2 April 2024 and take his place on the Board…
Edenred will acquire the energy cards business of IP Gruppo api (IP)
PARIS, FRANCE: Edenred, a global leader in B2B Mobility solutions will fully acquire the energy cards business of IP Gruppo api (IP), Italy’s leading private fuel and mobility company. The energy cards business of IP Gruppo api (IP) encompasses a portfolio of around 50,000 B2B clients. The scope of the transaction also includes a long-term…
Fintel Plc acquires majority stakes in ifaDASH, Mortgage Brain
LONDON, UK: Fintel Plc (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, announced acquisition of 70% of ifaDASH, a reg-tech solution that assists intermediaries with running an efficient, compliant business. Company also announced a new distribution agreement with Mortgage Brain together with a minority investment by…
Core & Main Inc. acquires EGW Utilities
Core & Main Inc. (NYSE: CNM), a prominent player in the infrastructure industry, has announced the signing of a definitive agreement to acquire the majority of assets belonging to EGW Utilities, Inc., a Texas-based distributor renowned for its high-quality products and services. Steve LeClair, the chairman and CEO of Core & Main, expressed enthusiasm about…
Germany approves the legalisation of recreational cannabis
SYDNEY, AUSTRALIA: Althea Group Holdings Limited (ASX:AGH) (‘AGH’, or ‘the Company’), a global leader in the manufacturing, sales, and distribution of cannabis-based medicines and recreational cannabis products, is delighted to share pivotal developments in Germany’s approach to cannabis. Overview of Legislation Approval The Federal Council of Germany has given its approval to the bill legalising…