LONDON, UK: Alien Metals Ltd, a global minerals exploration and development Company, has given notice to exercise its option to acquire an additional 39% interest in the Hancock and Brockman direct shipping iron ore projects from Windfield Metals Pty Ltd. Once concluded the Company’s direct ownership of the licences will therefore move to 90%. Roderick…
Frontier Developments acquires Complex Games for up to CAD18.16 million
LONDON, UK: Frontier Developments plc (AIM: FDEV), a leading developer and publisher of videogames based in Cambridge – UK, announced the acquisition of experienced game development studio Complex Games Inc. The acquisition follows the successful collaboration between Complex and Frontier Foundry (‘Foundry’), Frontier’s games label for third-party publishing, on the development and publication of turn-based…
Verallia agrees to acquire Allied Gas for £315 million
PARIS, FRANCE: Verallia has signed a binding agreement with an affiliate of Sun European Partners LLP for the acquisition of Allied Glass, a market leader in the UK premium glass packaging segment. Verallia will acquire 100% of the capital of Allied Glass for approximately £315 million (enterprise value) and will be financed by Verallia’s existing…
APM completes acquisition of Equus Workforce Solutions
SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM) has completed the acquisition of Equus Workforce Solutions and certain affiliates (Equus), a wholly owned company of BrightSpring Health Services for A$239.8 million (US$153.5 million). In FY22, Equus Workforce Solutions reported total revenue of A$454.7 million (US$291 million), Underlying EBITDA and NPATA pre-financing costs of A$50…
Mutares SE & Co. has acquired Siemens Energy Engines
MUNICH, GERMANY: A vehicle owned and managed by Mutares SE & Co. KGaA has successfully completed the acquisition of Siemens Energy Engines S.A.U. and related assets. This new platform acquisition strengthens the Engineering & Technology segment and will operate under the new name Guascor Energy. Headquartered in the Spanish Basque Country, Guascor Energy is a…
Cokal Limited announces acquisition of a fleet of coal barges
SYDNEY, AUSTRALIA: Cokal Limited (ASX: CKA) has taken an important step to secure capacity for coal transport via the acquisition of a fleet of coal barges. PT Barito Samudera Nusantara (PT BSN), a newly incorporated company established for the purpose of acquiring the barges and tugboats, has been used to effect the acquisition. Cokal Limited…
VEON conducting sales process for its Russian operations
AMSTERDAM: VEON Ltd., a global digital operator that provides converged connectivity and online services, announced that it is conducting a competitive sales process in relation to its Russian operations. VEON’s management is currently exploring options in an effort to ensure that an optimal outcome is achieved for all relevant stakeholders, including VEON, its Russian operations,…
Epiroc to develop a low-cost, sustainable mining operation in Germany
LONDON, UK: Zinnwald Lithium plc, the German focused lithium development company, has signed a Memorandum of Understanding (MOU) with Epiroc Rock Drills AB to collaborate in the development of a state-of-the-art mine at its 100% owned Zinnwald Lithium Project in Germany. Sweden based Epiroc is a leading productivity and sustainability partner for the mining and…
Partnership between Ocado Solutions and Lotte Shopping
LONDON, UK: A partnership is signed between Ocado Solutions and Lotte Shopping to develop Lotte’s online business in South Korea with the Ocado Smart Platform (OSP). Lotte Group is one of the largest business conglomerates in South Korea, with interests spanning retail, food, hotels and chemicals, with a total annual revenue of 75 trillion KRW…
AssetCo completes £11.2 million acquisition of SVM Asset Management Holdings
LONDON, UK: AssetCo has completed the acquisition of the entire issued share capital of SVM Asset Management Holdings Limited, the holding company of SVM Asset Management Limited. The consideration payable under the terms of the acquisition was, after balance sheet adjustments, £11.2 million satisfied by the issue of £9 million nominal of 1% fixed rate…
Vertu Motors has acquired BMW Motorrad outlets in Yorkshire
LONDON, UK: Vertu Motors, the UK Automotive retailer with a network of 164 sales and aftersales outlets across the UK and a sector leading online presence, has acquired the business and assets of two BMW Motorrad outlets in Yorkshire. The Business has been acquired from Saltaire Motor Company Limited, which trades as Allan Jefferies. Allan…
The Manufacturing Process Behind Your Medication
When you take medication, do you ever stop to think about where it comes from? How it is made? Chances are, you probably don’t give it much thought. But the process of manufacturing medication is actually quite complex and requires a lot of precision and expertise. In this article, we will discuss the manufacturing process…