Sunlight Financial Holdings Inc., a leading point-of-sale finance company for clean energy and home improvement projects, has announced Timothy Parsons as its new CEO. Parsons, who was previously the COO of Sunlight, will succeed Matt Potere, who will become a strategic advisor to the company. The appointment follows the acquisition of and investment into Sunlight…
JDE Peet’s completes the acquisition of Maratá’s coffee & tea business in Brazil
AMSTERDAM: JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, has completed the acquisition of the Brazilian coffee & tea business from JAV Group for an undisclosed amount in cash, which was first announced on 24 July 2023. Maratá’s coffee & tea business is predominantly present in the northern part of Brazil…
Woodbois Ltd announces leadership change and restructuring plan
LONDON: Woodbois Ltd (AIM: WBI), a prominent player in the global timber industry, today reveals a major shift in its leadership and a comprehensive overhaul of its organisational structure to boost operational performance. BOARD CHANGE Mr. David Rothschild, the incumbent Chief Executive Officer, will relinquish his role as CEO and director of the Company with…
Ithaca Energy’s Chief Executive Officer, Alan Bruce to step down
LONDON, UK: Ithaca Energy, a leading independent oil and gas operator in the North Sea announced that Alan Bruce, Chief Executive Officer, having led the Company through a successful IPO and first year as a listed company, has agreed with the Board that he will step down from his role as Chief Executive Officer to…
Omnia Metals Group has acquired Dixie Gold Inc.
SYDNEY, AUSTRALIA: Omnia Metals Group announced the acquisition of Canadian lithium, gold and uranium exploration company Dixie Gold Inc. (TSXV:DG), which will increase Omnia’s lithium focussed footprint in Canada to more than 625km2. The acquisition outlines prospective lithium asset growth with a clear pathway to development and planning for future drilling campaigns at the new…
Calima Energy signs deal to Blackspur Oil Corp. for A$83.3 million
SYDNEY, CANADA: Calima Energy Limited has entered into a binding definitive agreement with Astara Energy Corp. to sell 100% of its ownership in its wholly owned Canadian subsidiary, Blackspur Oil Corp., the owner of Brooks and Thorsby production assets (Alberta Assets) for a cash consideration of A$83.3 million. The Board of Directors has recommended the…
TotalEnergies completes €3.1 billion deal with Couche-Tard
PARIS, FRANCE: TotalEnergies, a global multi-energy company, announced today that it has completed the sale of its retail networks in Germany, the Netherlands, Belgium and Luxembourg to Alimentation Couche-Tard, a Canadian convenience store operator. The deal, which was signed in March 2023, was based on an enterprise value of €3.1 billion (equivalent to more than…
The Artisanal Spirits Company acquire trade and assets of Single Cask Nation
LONDON, UK: The Artisanal Spirits Company (AIM: ART), owner of The Scotch Malt Whisky Society (SMWS), has acquired the trade and assets of US-based business, Single Cask Nation, effective 3 January 2024. Founded in 2011 by Jason Johnstone-Yellin and Joshua Hatton, Single Cask Nation is an independent bottling brand which sources, curates and bottles rare…
LPA Group has acquired Red Box International Holdings
LONDON, UK: LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, announced the acquisition of Red Box International Holdings, a UK manufacturer of aviation ground power equipment. The total consideration for the acquisition is expected to be approximately £1.1m, of which £275,000 is being satisfied on completion, and £825,000 payable…
Inspiration Healthcare acquires Airon Corporation for $2.5 million
LONDON, UK: Inspiration Healthcare (AIM: IHC) announced the acquisition of Airon Corporation, a specialist respiratory device company based in Florida, USA for a maximum consideration of $2.5m.The consideration includes an initial upfront cash payment of $1.5m plus an earn out of up to $1.0m dependent on the delivery of future revenues.Airon Corporation is a leading…
Arbor Wood Co. acquires EcoVantage LLC
Arbor Wood Co., a leading US manufacturer of thermally modified wood products, has announced the acquisition of EcoVantage LLC, another major player in the same industry. The deal aims to increase the capacity and leadership of Arbor Wood Co. in the domestic market, as well as to offer more options for customers who seek sustainable…
Komar Industries acquires NexGen Municipal to boost waste and recycling solutions
Komar Industries, a leading designer and manufacturer of industrial waste and recycling processing systems, announced that it has acquired NexGen Municipal Inc., a leading provider of municipal equipment solutions and systems. The acquisition is the result of a long-term strategic partnership between the two companies, which share a vision of delivering value and efficiencies to…