LONDON, UK: Pennon Group plc has acquired 100% of the issued capital of Sumisho Osaka Gas Water UK Limited (SOGWUK), the holding company of Sutton and East Surrey Water plc (SES Water) and certain other ancillary businesses, for £89 million from Sumitomo Corporation and Osaka Gas, with a total enterprise value of £380 million. Pennon…
Oxford Instruments plc has acquired First Light Imaging SAS for €18.7 million
LONDON, UK: Oxford Instruments plc today announced the acquisition of First Light Imaging SAS, a scientific camera specialist. Based near Aix-en-Provence, France, and founded in 2011, First Light specialises in the design and manufacture of high-speed, low-noise scientific cameras for infrared and visible imaging, with applications in astronomy and life sciences. It will become part…
Smith+Nephew has acquired CartiHeal, developer of Agili-C
LONDON: Smith+Nephew, the global medical technology company, announced that it has completed the acquisition of CartiHeal, developer of Agili-C, a novel sports medicine technology for cartilage regeneration in the knee. Agili-C is an off-the-shelf one-step treatment for osteochondral (bone and cartilage) lesions with a broader indication than existing treatments. It is indicated to treat a…
IMCD N.V. has acquired 70% of Valuetree Ingredients Private Limited
ROTTERDAM: IMCD N.V. announced the acquisition of 70% of Valuetree Ingredients Private Limited to expand its beauty and personal care footprint in India. Founded in 2005, Valuetree, is a prominent ingredient supplier to the beauty and personal care market. It provides an extensive portfolio of specialty ingredients and through an in-house application laboratory, offers formulation…
Dubai Investments launches first mixed-use project in Africa
DUBAI: Dubai Investments, a leading investment company in the UAE, has announced its first flagship mixed-use development in Africa – the Dubai Investments Park (DIP) Angola. The project, spanning 2,000 hectares, is a unique integrated residential, commercial and industrial hub in Angola, with 3 kilometers of coastline and a 2-kilometer sandy beach. DIP Angola aims…
Is Individual Security a Myth? Embracing Interdependence for a Thriving World
As Maria clutched the eviction notice, her heart pounded a frantic rhythm against her ribs. The meager savings she’d hoarded, her “hedge” against life’s uncertainties, had evaporated in the face of a single medical emergency. This wasn’t just her story; it echoed across communities, a stark testament to the fragility of individual security in a…
Sony unveils a stunning mixed reality headset at CES 2024
Sony has always been a pioneer in the field of immersive technology, and its latest product is no exception. At the Consumer Electronics Show (CES) 2024, the company revealed a new head-mounted display that combines virtual and augmented reality in a sleek and powerful device. The headset, which has not been given an official name…
10 Excellent Concepts for Celebrating Your Business’s Anniversary
Marking your business anniversary is an important occasion that allows you to celebrate your achievements and connect with your customers and employees. It’s an opportunity to reflect on your journey, appreciate the milestones, and set the stage for continued success. Let’s delve deeper into ten creative and impactful ways to make your business anniversary celebration…
Great Places Housing Group CEO Matt Harrison to step down after 10 years
LONDON, UK: Matt Harrison, the Chief Executive Officer of Great Places Housing Group, has announced his decision to step down from his role by the end of June 2024. Harrison has been the CEO of the housing association since 2013, after serving as the Executive Director of Development for 20 years. Under Matt Harrison, leadership,…
Caroline Corby appointed new Chair of Peabody Group
LONDON, UK: Caroline Corby has been appointed as the new Chair of the Peabody Group following a competitive recruitment process. She will take up the role on 1 April 2024 with current interim Chair David Hardy becoming Vice-Chair of the Group. Caroline Corby has a professional background in finance and investment, and extensive public sector…
Ferguson plc acquires Yorkwest Plumbing Supply, Grove Supply, and Harway Appliances
WOKINGHAM, ENGLAND: Ferguson plc has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply Inc. and Grove Supply, Inc., and closed on the acquisition of Harway Appliances. These acquisitions have aggregate annualized revenues of approximately $220 million. Yorkwest Plumbing Supply Inc. Yorkwest is a leading distributor of plumbing, municipal, hydronics, institutional, HVAC and industrial products…
Microlise Group acquires K-Safe Limited, parent of Flare and Flare Aware
LONDON: Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, announced the acquisition of the assets of K-Safe Limited, parent company to the road safety products Flare and Flare Aware. Microlise has acquired all assets and the IP from K-Safe, which includes their two products Flare and Flare…