MUNICH: Mutares SE & Co. has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l. STF was acquired in 2018 as add-on investment to the Balcke-Dürr Group. The company is active in the development, design, production and on-site assembly of heat exchanger components, titanium…
Horisont Energi and Koole Terminals collaborate to develop a logistic value chain for clean ammonia
SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. announced a collaboration agreement to develop a logistic value chain for clean ammonia. In the fall of 2021, the two companies signed a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. The terminal will receive clean…
Huddlestock Fintech partners a Northern European investment bank to create a digital self-service brokerage functionality
OSLO, NORWAY: Huddlestock Fintech has entered into an agreement with a Northern European investment bank to create a digital self-service brokerage functionality to supplement its more traditional brokerage and investment businesses for high-net-worth individuals. In choosing the digital trading and investment solutions offered by Huddlestock Trader and Huddlestock Investor Services, the investment bank will be…
Bens Creek Group announces proposed sale of highwall miner to Civil LLC
LONDON, UK: Bens Creek Group (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces the proposed sale of its own highwall miner (#20) to Civil LLC for a total cash consideration of $3.6 million. Civil LLC is a Georgia limited liability company, authorised to conduct mining business in…
VPC Specialty Lending Investments proposes managed wind-down
LONDON, UK: The Board of VPC Specialty Lending Investments (VSL) has for some time been reviewing options for reducing the continuing deep discount of the Company’s share price to Net Asset Value. The Board has taken professional advice and has also consulted the Company’s major Shareholders. Given the current level of the Discount, the Board…
discoverIE Group acquired Magnasphere Corporation for $22 million
LONDON, UK: discoverIE Group (LSE: DSCV), a leading international designer and manufacturer of customised electronics to industry, has announced the acquisition of Magnasphere Corporation. Magnasphere Corporation, a US-based designer and manufacturer of magnetic sensors and switches for industrial electronic applications, is being acquired, for a cash consideration of $22m (£19.1m) on a debt free, cash…
Journeo plc to acquire IGL Limited for £8.7 million
LONDON, UK: Journeo plc (AIM: JNEO) has entered into a conditional agreement to acquire the entire issued share capital of IGL Limited for an aggregate consideration of approximately £8.7 million. IGL Limited, together with its subsidiaries, is a leading provider of innovative display solutions and is the UK’s leading rail passenger information equipment provider, with…
How Should a Startup Hire iOS Developers?
The number of iOS developers has increased in the past few years due to the increasing demand for apps in the market. However, this has also led to a shortage of iOS developers. To hire iOS developers you need to have a clear idea of what your app is going to do and what skills…
Mighty Buildings, a 3D-printing construction technology company, appoints of Scott Gebicke as CEO
OAKLAND, CALIFORNIA: Mighty Buildings, a 3D-printing construction technology company, announced the appointment of Scott Gebicke as Chief Executive Officer. As Mighty Buildings advances from proof of product market fit to scaleup acceleration, Gebicke joins the company with a strong track record of manufacturing innovation, most recently in several leadership roles at Jabil over the past…
Sterling Infrastructure has acquired Concrete Construction Services of Arizona for $22 million
THE WOODLANDS, TEXAS: Sterling Infrastructure Inc. has acquired Concrete Construction Services of Arizona LLC and its affiliated company at a purchase price of $22 million, consisting of a combination of cash and Sterling Infrastructure common stock. Concrete Construction Services of Arizona (CCS) provides residential single-family home concrete foundations, including the preparation, pouring and finishing of…
Arizona Lithium to acquire Prairie Lithium for C$70.6 million
EMERALD PARK: Arizona Lithium Limited (AZL) has agreed to acquire, directly or indirectly through a subsidiary, all of the issued and outstanding common shares of Prairie Lithium for total consideration of approximately C$70.6 million, consisting of C$40.0 million in cash and 500 million common shares of AZL at a deemed price of C$0.0612 per share….
Kuwait Oil Company awards Worley FEED and PMC services contract
SYDNEY, AUSTRALIA: Kuwait Oil Company (KOC) has awarded Worley a five-year agreement for front-end engineering design (FEED) and project management consultancy (PMC) services. Under the agreement, Worley will provide traditional services and sustainability related services to develop new solar, power and water projects that will further improve efficiency and increase the capacity of KOC’s facilities….