Sika, a global specialty chemicals company, has announced the acquisition of Cromar Building Products, a prominent supplier of roofing systems in the United Kingdom. The acquisition is expected to open up significant cross-selling opportunities and support Sika’s continued expansion in the UK roofing sector. Cromar is well-known for its innovative product offerings, technical expertise, and exceptional…
ING acquires another 17.6% stake in Van Lanschot Kempen
AMSTERDAM: ING announced today that it has reached an agreement with Reggeborgh Groep B.V. on the acquisition of a 17.6% stake in Van Lanschot Kempen N.V., a specialist wealth manager serving Private, Institutional and Investment banking clients, operating predominantly in the Netherlands and Belgium. Together with an existing 2.7% stake, ING will hold a 20.3% stake in…
HighCom Limited appoints Todd Ashurst, DSM, as Group Chief Executive Officer
SYDNEY: HighCom Limited (ASX: HCL) has appointed Todd Ashurst, DSM, as Group Chief Executive Officer, following an extensive recruitment process. Mr. Ashurst brings to HighCom 32 years of distinguished military service with the Australian Army, where he ascended to the rank of Brigadier. His career includes senior command and executive appointments within the Australian Defence…
Metrics Income Opportunities Trust acquires BC Investment Group
SYDNEY: The Metrics Income Opportunities Trust (ASX: MOT) announced on Monday that it has agreed to increase its stake in BC Investment Group (BCI), a non-bank financial services group specializing in consumer lending for residential real estate, from 29.8% to 100%. The acquisition, facilitated by the MCP Credit Trust, in which MOT holds a 15.8%…
Weir to acquire mining software firm Micromine in £657 million deal
LONDON: The Weir Group announced Friday its binding agreement to acquire Micromine, a leading mining software provider headquartered in Perth, Australia. The deal, valued at £657 million (A$1.31 billion), is expected to close in the second quarter of 2025, subject to regulatory approval. Micromine, which specializes in digital solutions spanning the mining value chain—from exploration…
Eurazeo enters exclusive negotiations for majority stake in Mapal
PARIS: Eurazeo, through its Mid-large buyout team and affiliates, has entered into exclusive negotiations to acquire a majority stake in Mapal, a leading provider of AI-powered operational management software for the food service and hospitality industries. The deal includes the participation of PSG Equity, which will retain a minority stake, and Mapal’s management team and employees….
Apax Funds announce €35m investment in CohnReznick
LONDON: Apax Global Alpha Limited (“AGA”), the closed-ended investment company providing access to the Apax Private Equity Funds, today announces that it expects to invest approximately €35m in CohnReznick LLP on a look-through basis. On 26 February 2025, the Apax XI Fund (“Apax XI”) announced it has agreed to invest in CohnReznick, one of the…
Science Group acquires shareholding in Ricardo Plc
LONDON: Science Group, the international science & technology consultancy and systems organisation, has acquired a material shareholding in Ricardo plc. At market close on 27 February 2025, Science Group owns approx. 5.26 million shares in Ricardo, equivalent to 8.46% of the voting rights. The Ricardo shares were acquired through open market purchases between 16 and…
Bekaert sells steel wire businesses in Costa Rica, Ecuador, Venezuela for $73 million
BRUSSELS: Bekaert has reached an agreement to sell its Steel Wire Solutions businesses in Costa Rica, Ecuador, and Venezuela to Grupo AG, the company announced today. The transaction values the entities at approximately $73 million and is expected to yield net proceeds of about $37 million for Bekaert. The deal is slated to close in…
Spark New Zealand completes sale of remaining stake in Connexa
AUCKLAND: Spark New Zealand has finalized the sale of its remaining 17% stake in Connexa, New Zealand’s leading mobile tower infrastructure business, to global investment group CDPQ for approximately $311 million. The transaction, which was contingent on regulatory approvals, has now been completed. The deal values Connexa consistently with previous New Zealand mobile tower EBITDAI…
Kingsrose Mining acquires Jakon Nickel-Copper-Cobalt Project in Finland
HELSINKI: Kingsrose Mining Limited (ASX: KRM) announced today that it has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy. The acquisition is part of Kingsrose’s strategic expansion under its Exploration Alliance with BHP in the region. The Jakon project spans 205 square kilometers, bringing Kingsrose’s total controlled area in…
Altech Batteries to acquire additional stakes in CERENERGY and Silumina Anodes
SUBIACO: Altech Batteries Limited (ASX: ATC) has announced a binding agreement to acquire additional stakes in the CERENERGY® and Silumina Anodes™ projects from Altech Advanced Materials AG (AAM). The deal, valued at approximately A$23.3 million, will see Altech increase its ownership to 75% in the CERENERGY® project and 100% in the Silumina Anodes™ project. Under…