LONDON, UK: Porvair plc, on 4 December 2023, acquired 100% of the share capital of Acquisition of European Filter Corporation NV (EFC), a filtration business based in Lummen, Belgium. Acquisition of European Filter Corporation NV (EFC) has expertise in the manufacture of mist elimination filters used in the production of industrial feedstocks and well established…
iomart Group signs deal to acquire Accesspoint Group for upto £6.4 million
LONDON, UK: iomart Group plc (AIM: IOM), the cloud computing company, has agreed to acquire the entire issued share capital of Accesspoint Group Holdings Limited, the holding company of Accesspoint Technologies Limited. Based in North East London, Accesspoint is an IT hosting partner focused on the UK legal industry since 2009. Accesspoint Group provides a…
Fintel Plc agrees to acquire Synaptic Software for £3.5 million
LONDON, UK: Fintel Plc (AIM: FNTL), the leading provider of fintech and support services to the UK retail financial services sector, has agreed to acquire Synaptic Software, an independent provider of financial adviser planning and research software. Synaptic services over 1,600 financial advisers, providing due diligence research, compliance tools and software which streamlines customers’ journeys….
THG Plc agrees to acquire Biossance for a maximum $20 million
LONDON, UK: THG Plc has agreed to acquire prestige skincare brand Biossance for a maximum consideration of $20 million. Since inception in 2015, Biossance has generated global revenues of c. $300m and is currently stocked in over 1,600 stores globally including Sephora, Harrods, Space NK, Douglas and Selfridges plus online through www.biossance.com, Lookfantastic and Cult…
Gfinity plc disposed of remaining of its former Esports Solutions Division
LONDON, UK: Gfinity plc (AIM:GFIN) has today disposed of the remaining business and assets of its former Esports Solutions Division. As previously announced in February 2023, given the inconsistent nature of service delivery work, and also the high cost to the Company of delivering a true end-to-end esports solution and the resources required to support…
Lightrock and Carbon Direct Capital led consortium to acquire Velocys Plc
LONDON, UK: A consortium led by Lightrock and Carbon Direct Capital has reached agreement on the terms and conditions of a recommended cash acquisition of Velocys Plc at the rate of 0.25 pence in cash per Velocys share. The consortium – Madison Bidco Limited – is a newly formed company indirectly owned by (i) a…
Novvia Group acquires Ocean State Packaging
Novvia Group, a company backed by Kelso & Company, has bought Ocean State Packaging, Inc., a Rhode Island based provider of plastic bottles and other rigid packaging products. The financial details of the private deal were not revealed. Ocean State, established in 1990, is a reliable provider of stock and custom packaging solutions to a…
Reward Minerals to buy Beyondie SOP Project for A$20 million
PERTH, AUSTRALIA: Reward Minerals Limited (ASX: RIND), a potash exploration and development company, has announced that it has entered into a binding agreement to acquire the Beyondie Sulphate of Potash (SOP) Project from the receivers of Kalium Lakes Limited. The Beyondie Project is a high-grade SOP project located in Western Australia, with a projected annual…
Acquisition of Abcam by Danaher approved by the High Court of Justice of England and Wales
LONDON: Abcam plc (Nasdaq: ABCM), a company that provides research tools for life sciences, agreed to be acquired by Danaher Corporation (NYSE: DHR) for $24.00 per share in cash on August 26, 2023. The acquisition will be done through a Court-approved arrangement under the Companies Act 2006, called the Scheme. The Scheme Circular, which explains…
NewMarket Corporation to acquire AMPAC Intermediate Holdings for $700 million
RICHMOND: NewMarket Corporation (NYSE: NEU), a leading developer and manufacturer of chemical additives for petroleum products, announced today that it has signed a definitive agreement to buy AMPAC Intermediate Holdings, LLC, the parent company of American Pacific Corporation (AMPAC), for about $700 million. AMPAC is the top North American producer of critical performance additives for…
Lenovo launches Chromebox Micro media player during the Digital Signage Experience (DSE)
Lenovo has announced its new Chromebox Micro media player during the Digital Signage Experience (DSE). The Lenovo Chromebox Micro is a new breed of Chromebox: an ultra-thin and affordable media player offering high performance, proven data security, and easier remote control and device management with ChromeOS. Signs Point Towards Growth The global digital signage market…
Arco Platform shareholders approve merger with Achieve Holdings
Arco Platform Limited, a leading operating system for K-12 schools, announced that its shareholders have voted in favor of the merger with Achieve Holdings, a private company that operates in the education sector. The merger will result in Arco becoming a wholly-owned subsidiary of Achieve and its common shares being delisted from the Nasdaq Global…