SYDNEY, AUSTRALIA: Ambertech Limited (ASX:AMO) has reached an agreement to acquire the distribution business of Convoy International. The acquisition represents another important step in executing Ambertech’s strategic growth plan. The consideration for the acquisition is anticipated to be, net cash, in the order of $2.8m-$3.0m, and includes inventory and accounts receivable dependant on valuation at…
ScS Group acquires brand, domain, intellectual property and stock of Snugsofa.com
LONDON, UK: ScS Group, one of the UK’s largest retailers of upholstered furniture and floorings, has acquired the brand, domain names, website, intellectual property and stock of Snugsofa.com (Snug) from the administrators of Snug Shack Limited for consideration of £875,000. Snug is an innovative digital-first sofa and sofa-bed business specialising in modular and re-configurable sofas….
What resolution do most CS: GO pros use – 2023 Guide
Counter-Strike: Global Offensive (CS: GO) is one of the most popular esports titles in the world. Professional players put in thousands of hours of practice and there’s no question that their gaming setup plays a major role in their performance. One of the most important components, which affects everything from aiming accuracy to screen clutter,…
What you need to know before setting up a dog kennel business
Since the start of the Covid-19 pandemic, dog ownership has skyrocketed. There are now over 13 million pet dogs living in the UK – an increase of at least 44% since 2019. With more dogs to care for, there’s a competitive market for services aimed at helping these pets and their owners. If you’re considering…
Housing prices take a downward trajectory
Mortgage rates are still double compared to a year ago, but housing prices are easing since June. A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still lower than it was a year ago and just slightly off its record low set in October and November….
UK’s cost of living crisis will cut Households’ income by over £2,000
LONDON, UK: According to a renowned thinktank, Resolution Foundation, UK households are only halfway through a two-year cost of living crisis, and average salaries are set to drop by more than £2,000 as a result. The cost of living crisis which, when combined with a tough recession, will leave households worse off than they were…
Benjamin Kristoffer Golding appointed CEO of Arendals Fossekompani
OSLO, NORWAY: Benjamin Kristoffer Golding has been appointed Chief Executive Officer of Arendals Fossekompani. “We are very pleased to welcome Golding to Arendals Fossekompani. With great insights into technology and a solid all-round industrial and financial background, Golding is well equipped to take Arendals Fossekompani to the next level,” says Trond Westlie, Chairman of the…
Archer Limited acquires Romar-Abrado at an enterprise value of $8 million
HAMILTON, BERMUDA: Archer Limited has closed the acquisition of Romar-Abrado. The acquisition is based on an enterprise value of USD 8 million, plus earn-out pending trading performance over 2023 to 2025. The acquisition is conducted on a debt free basis and financed by available cash at hand. Romar-Abrado offers advanced milling and SWARF handling services…
Benefits of SEO for Startups
Understanding the game In order to succeed in the SEO world, you need to not only get on top of the game, but learn how it really works. If you don’t gain a sufficient understanding of search engines’ intricacies, you will inevitably find yourself wondering why you fell in the rankings eventually (or why you…
Mutares signs an agreement to sell Lacroix + Kress GmbH to Superior Essex
MUNICH: Mutares SE & Co. has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC. The closing of the transaction is expected in the first quarter of 2023. Lacroix + Kress is the leading oxygen free copper drawing manufacturer in Europe. The Germany based company employs approximately…
First Graphene and Suvo Strategic Minerals to develop low-emission cement and concrete
SYDNEY, AUSTRALIA: First Graphene Limited (ASX: FGR) has entered into a joint development agreement (JDA) with Suvo Strategic Minerals (ASX:SUV) to research and develop low-emission cement and concrete products. The agreement aims to investigate the potential for further improvements in CO2 emission reductions by combining the already successful outcomes achieved from the addition of graphene…
Catalyst Metals to offer a bid to acquire Vango Mining
SYDNEY, AUSTRALIA: Catalyst Metals Limited (ASX: CYL) entered into a Bid Implementation Agreement to offer a bid to acquire Vango Mining Limited (ASX:VAN). The offer is consistent with Catalyst Metal’s strategy to control high-grade gold belts in Australia, with Vango’s highly prospective Marymia Gold Project having +40 kilometres of under-explored strike along the world-class Marymia-Plutonic…