LONDON, UK: Foresight Group Holdings, a leading infrastructure and private equity investment manager, announced its appointment as sub-adviser to the Cromwell Foresight Global Sustainable Infrastructure Fund, which launched on 31 January 2023. This new mandate represents an expansion of the Group’s geographic footprint into the attractive US asset management market. This US Mutual Fund is…
Aurrigo International wins Innovate UK grant award for Auto-Shuttle project
LONDON, UK: Aurrigo International plc, a leading international provider of transport technology solutions, has been awarded a grant for approximately £0.7m through Innovate UK and the Centre for Connected and Autonomous Vehicles’ (CCAV) Commercialising Connected and Automated Mobility (CAM) competition. As part of the Sunderland Advanced Mobility Shuttle (“SAMS”) project, Aurrigo is being funded to…
Halma Plc has acquired Thermocable for £22 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has acquired Thermocable (Flexible Elements) Ltd (Thermocable) for its Safety sector fire detection company, Apollo Fire Detectors Limited (Apollo). Thermocable is based in Bradford, UK, and is a leading developer and manufacturer of Linear Heat Detectors (LHDs). LHDs are temperature sensitive cables, installed in…
Keywords acquires US-based PR and communications agency, 47 Communications
LONDON, UK: Keywords Studios has acquired 47 Communications LLC, a leading US-based PR and communications agency with expertise in the video game, technology, entertainment and digital lifestyle sectors. Sibel Sunar, the CEO and vendor, established 47 Communications in 2006. The Company’s talented team of 55 professionals delivers high quality PR, strategic communications and media advice…
NORBIT has completed acquisition of IoT start-up CPS
TRONDHEIM, NORWAY: NORBIT it has completed acquisition of the IoT start-up CPS AS. CPS will be included in the Connectivity segment. The transaction values CPS at an enterprise value of NOK 13 million, implying an equity value of NOK 12.6 million. The acquisition will be financed by the issuance of consideration shares at a price…
Mutares successfully completes acquisition of Peugeot Motocycles
MUNICH: Mutares SE & Co. has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motocycles (PMTC) from Mahindra & Mahindra (M&M). M&M will remain a co-shareholder to support new product launches and the strong growth expected in the coming years. Peugeot Motocycles designs and manufactures two-and three-wheelers, which…
Splitit Payments has signed a partnership agreement with Ingenico
SYDNEY, AUSTRALIA: Splitit Payments Limited has signed a three-year partnership agreement with Ingenico, a global leader in payments acceptance solutions. The partnership could revolutionise the physical point-of-sale experience, integrating Splitit’s white-label Instalment-as-a-Service solution within Ingenico’s innovative, cloud-based Payments-Platform-as-a-Service (PPaaS) to deliver the first one-touch, pay-later functionality on a POS terminal. This innovative solution takes out…
Vection Technologies signs agreement for development of VR gaming, educational and scientific content
SYDNEY, AUSTRALIA: Vection Technologies announced the execution of a first revenue generative agreement for the development of Virtual Reality (VR) gaming, educational and scientific content to promote the space travel market and educate the next generation: a VR interactive exhibition and a VR game. This agreement follows on from the memorandum of understanding executed with…
Dubai Financial Market 41.7% jump in net profit for 2022
DUBAI, UAE: Dubai Financial Market Company announced its consolidated results for the fiscal year ending on 31st December 2022, registering a jump of 41.7% in net profit to AED 147.1 million compared to AED 103.8 million in 2021. With a total revenue of AED 351.2 million, up 19% compared to last year’s AED 294.6 million,…
Opened up shop? Here’s how to make the most of your floor space
When you open new premises for your business, it’s imperative to make the most of your money. By starting with your interior, you can truly transform a space. And with the British high street thriving despite speculation, 2023 could be a brilliant time to invest. Whether you’re buying or renting, you’ll be able to change…
World Aquatics announces Centre of Excellence at the University of Technology Bahrain
MANAMA, BAHRAIN: World Aquatics and the Bahrain Olympic Committee today announced plans to create a centre of excellence and regional office for aquatic sports in the Kingdom of Bahrain, in partnership with GFH Financial Group and the Bahrain Swimming Federation. This partnership will see World Aquatics establish its centre at The University of Technology Bahrain…
Financial Aspects of Hiring a Lawyer: The Top Facts You Need to Know
Hiring a lawyer can be an intimidating prospect, but it doesn’t have to be. Knowing the financial aspects of hiring a lawyer can help you make the right decision for your situation and budget. From understanding how fees are charged to knowing what services are included in those fees, understanding these details is key to…