LONDON, UK: Anglo American plc, a global mining company, has announced a deal with Vale SA, the world’s largest iron ore producer, to acquire and integrate a massive iron ore resource adjacent to its Minas-Rio mine in Brazil. The deal, valued at US$157.5 million, will give Vale a 15% stake in the enlarged Minas-Rio, which…
Marlowe sells GRC software and services assets for £430 million
LONDON, UK: Marlowe plc, the UK leader in business-critical services and software which assure regulatory compliance, has agreed to sell some of its Governance, Risk & Compliance (GRC) software and services assets to Inflexion Private Equity for £430 million. The deal includes the following business lines: WorkNest, Vinciworks, William Martin, Elogbooks, Barbour, IMSM & Corestream….
MYCELX Technologies sells Saudi Arabia operations for up to $7.125 million
LONDON, UK: MYCELX Technologies Corporation, a company that provides clean water and clean air solutions for various industries, has announced the sale of its Saudi Arabia business operations to Twarid Water Treatment LLC, a company owned by a Saudi Arabian consortium of investors. The deal, which is worth up to $7.125 million, includes the transfer…
Coca-Cola HBC acquires BDS Vending in Ireland
ZUG, SWITZERLAND: Coca-Cola HBC AG announced that its wholly-owned subsidiary, Coca-Cola HBC Northern Ireland Limited, has reached an agreement to acquire 100% of BDS Vending Solutions Ltd. BDS Vending, founded in 1993, is a well-established food and drink vending services business in Ireland, with a fleet of approximately 2,000 vending machines. The two founders, David…
Chris Walker appointed Chief Executive Officer of Bens Creek Operations LLC
LONDON, UK: Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announced that Chris Walker has been appointed as Chief Executive Officer of Bens Creek Operations LLC, a wholly owned operating subsidiary of the Group. Chris will commence his employment with BC Operations on 6…
Visum Technologies to acquire Socrates Imaging B.V. and Socrates Imaging Ltd
LONDON, UK: Visum Technologies Plc has entered into exclusive non-binding Heads of Terms (HoT) to acquire the entire share capital of Socrates Imaging B.V., a company based in the Netherlands, and Socrates Imaging Ltd, a company based in the United Kingdom, for a combination of cash payment and new ordinary shares in Visum totaling €2…
Zaptec appoints Kurt Østrem as new CEO
OSLO, NORWAY: Zaptec ASA, the leading electric vehicle charging company, has announced that Kurt Østrem will be its new CEO, effective from 22nd February 2024. Østrem, who has been the CFO and Acting CEO of Zaptec for the third time, has been selected after a thorough and wide-ranging recruitment process. Stig H. Christiansen, Chair of…
Objective Corporation reports strong first half results and outlook for FY2024
SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual recurring revenue (ARR), profitability and customer value. The company’s ARR increased by 15% year-on-year to $82.6 million, driven by strong demand for its cloud-based content…
Agilent Technologies names Padraig McDonnell as next CEO
Agilent Technologies Inc. (NYSE: A) announced today that Padraig McDonnell, the current president of the Agilent CrossLab Group (ACG) and chief commercial officer, will succeed Mike McMullen as the company’s president and CEO on May 1. McMullen, who has been Agilent’s CEO since 2015 and has led the company’s transformation into a market leader in…
NTWRK acquires Complex to create a new platform for superfans of culture, music, and fashion
NTWRK, the live-video shopping platform and marketplace for sneakers, streetwear, and collectibles, has announced its acquisition of Complex, the publisher of culture, trends, and style. The deal will create a new company that will combine e-commerce, content, and music to cater to the superfans of convergence culture. The new company will be led by Aaron…
Enterprise Products Partners acquires Pipeline and Fractionator from Western Midstream for $400m
Enterprise Products Partners L.P. (NYSE: EPD), a leading North American provider of midstream energy services, announced on Tuesday that it has acquired pipeline and fractionator interests from Western Midstream Partners, LP (NYSE: WES) for $400 million in cash. The deal includes a 20 percent stake in Whitethorn Pipeline Company LLC, which owns a 620,000 barrel…
Torpedo7 sold for $1 to Tahua Partners Limited
AUCKLAND: The Warehouse Group has sold its outdoor brand Torpedo7 to Tahua Partners Limited, a 100% Kiwi owned and operated business, for $1. The deal will allow The Warehouse Group to focus on its core brands and improve its financial performance. Torpedo7, which represents only 5% of The Warehouse Group’s sales, has faced challenges due…