LONDON, UK: Franchise Brands plc may acquire Hydraulic Authority I Limited, the owner of Pirtek Europe, for a consideration of £200 million. Franchise Brands will also pay £12.2 million for cash, debt and working capital adjustments. In line with Franchise…
PARIS, FRANCE: Groupe Berkem announced the completion of the acquisition of Biopress, a French producer of 100% natural vegetable oils and proteins. Olivier FAHY, Chairman and CEO of Groupe Berkem stated: “Raw material sourcing has always been a real know-how…
PARIS, FRANCE: Delfingen has announced acquisition of Reiku GmbH in Germany and AHN Chem Co. in Korea in the strategic industrial cabling and textile protection markets for Mobility and Industry. Delfingen acquired 85% of Reiku GmbH, a German family-owned company…
LONDON, UK: Lords Group Trading Plc has acquired Chiltern Timber Supplies Limited for a total consideration of up to £1.65 million on a net cash free/debt free basis. The acquisition is in line with the Group’s stated IPO strategy, due…
LONDON, UK: Ironveld Energy has signed a Letter of Intent (LOI) with BurnStar Technologies (Pty) Limited to proceed towards a binding Legal Agreement under which BurnStar will, implement its patent-pending ‘Guilt-Free Hydrogen technology, to process Liquefied Natural Gas (LNG) on…
LONDON, UK: Intertek Group, a Total Quality Assurance provider to a range of industries worldwide, has agreed to acquire Controle Analítico Análises Técnicas Ltda (Controle Analítico), a leading provider of environmental analysis, with a focus on water testing, based in…
LONDON, UK: Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen concentrator (POC) technology, has commenced manufacturing in China of its X-PLOR portable oxygen concentrator. This follows the manufacturing agreement announced in March 2022 with InnoMax…
LONDON, UK: Hammerson Plc has completed the disposal of its 25% stake in Italie Deux, a 62,000m2 shopping centre in central Paris, and 100% of the 6,500m2 Italik extension for cash consideration of €164m to Ingka Centres via a simultaneous…
LONDON, UK: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, announces that it has acquired 100% of the issued share capital of Henniker Scientific Limited, a company specialising in deposition and plasma technology…
American automaker Tesla reported 36% increase in deliveries in the first quarter of 2023 ended March 30 to 422,875 vehicles, compared to the 310,048 deliveries posted during the same period a year earlier, and 4% sequential growth against 405,278 units…
The U.S. government has notified electric vehicle tax rules that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new requirements take effect. According to Reuters, the Treasury Department rules are…
Huawei Technologies is teaming up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded electric vehicles, “Huawei, which has already a partnership with Seres Group to make Aito cars, plans a series of…