LONDON, UK: Volex Plc (AIM: VLX), the specialist integrated manufacturer of critical power and data transmission products, has agreed to acquire the entire issued share capital of Murat Ticaret Kablo Sanayi A.Ş. (Murat Ticaret), a leading manufacturer of complex wire harnesses headquartered in Turkey for a total consideration of up to approximately €178.1 million. Volex…
Good Energy expands its solar installation business with Wessex EcoEnergy acquisition
LONDON, UK: Good Energy Group, the 100% renewable electricity and energy services provider, has acquired the entire issued share capital of Wessex EcoEnergy Limited, an established UK based solar installation business, on a debt free, cash free basis for an initial consideration of £2.5 million. Building on its acquisition of Igloo Works in December 2022,…
Powerhouse Energy Group acquires engineering consultancy Engsolve
LONDON,UK: Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, has announced that it has completed the acquisition of the entire outstanding shareholding of the engineering consultancy company, Engsolve Ltd for a cash consideration of £572,000. The acquisition will strengthen PHE’s capabilities in the development…
Exchange rates for GBP against major currencies on June 22, 2023
LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1608 Pounds to Euros GBP-USD 1.2755 Pounds to Dollars GBP-NZD 2.0607 Pounds to New Zealand Dollars GBP-AUD 1.8861 Pounds to Australian…
Volaris makes unsolicited offer to acquire EROAD Limited at $1.30/share
SYDNEY, AUSTRALIA: EROAD Limited has today received an unsolicited, non-binding indicative proposal (NBIO) from Brillian APAC Pty Ltd, part of the Volaris Group. The Volaris Group is an operating group of Toronto Stock Exchange-listed Constellation Software Inc. (TSX:CSU). The NBIO from Volaris is seeking to acquire 100% of EROAD’s shares at a proposed price of…
SunRice Group signs deal to acquire 100% of Trukai Industries
SYDNEY, AUSTRALIA: Ricegrowers Ltd (SunRice) announces that it has today entered into a Share Buy-Back Agreement under which it will become the sole shareholder in Trukai Industries Ltd (Trukai). SunRice currently holds 66.23% of the shares issued in Trukai, a company which was incorporated in Papua New Guinea (PNG) in 1970 and which is now…
Mighty Craft CEO & MD Mark Haysman resigns
SYDNEY, AUSTRALIA: Mighty Craft Limited (ASX:MCL) notified that Mr Mark Haysman has tendered his resignation as CEO and Managing Director effective on 3 July 2023 and as Director of the Company effective immediately. Mr Mark Haysman said: “Mighty Craft has made significant progress on its expansion and diversification strategy over the past few years. This…
Beston Global Food to discontinue, divest non core businesses
SYDNEY, AUSTRALIA: Beston Global Food Company (ASX:BFC) intends to discontinue and divest its Provincial Food Group (PFG) meat and plant-based meats secondary process business, its Aqua-Essence water assets and business and its Technology business. The sudden and dramatic escalation in inflationary pressures in Australia over recent months (particularly around energy prices, insurance costs and interest…
Helloworld Travel to acquire Express Travel Group for $70 million
SYDNEY, AUSTRALIA: Helloworld Travel Limited (ASX: HLO) has agreed to acquire 100% of Express Travel Group (ETG) in Australia and New Zealand from current owners Tom Manwaring and Sintack Pty Ltd for $70 million. Founded as Orient Express Travel Group in 1983, Tom Manwaring joined in 2000 after 29 years with Cathay Pacific and took…
How Are Robots Making Workspaces More Efficient And Worker-Friendly
Robots have revolutionized various industries, and their impact on workspaces is undeniable. From manufacturing to healthcare and beyond, robots are making workspaces more efficient and worker-friendly. Let’s delve into six key points that highlight how robots are transforming the modern workplace. Streamlining Repetitive Tasks One of the most significant advantages of Robotic Process Automation (RPA)…
Go Over These 8 Things Before Starting a Business
Starting a business can be thrilling and intimidating, but if you plan correctly, you can make sure your venture takes off on the right foot. Planning is essential in ensuring future success for any business, big or small. Considering all the components involved – from finances to marketing strategies – aspiring entrepreneurs should consider many…
TotalEnergies and VNG join forces on green hydrogen to decarbonize the Leuna Refinery
PARIS, FRANCE: TotalEnergies and VNG, a German natural gas distribution company, have signed an agreement to initiate the future supply of green hydrogen to the Leuna refinery operated by TotalEnergies. Under the agreement, green hydrogen will be produced from renewable electricity with a 30 MW electrolyzer in Bad Lauchstädt, built and operated by VNG with…