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…
Swoop Holdings completes $24 million acquisition of Moose Mobile
SYDNEY, AUSTRALIA: Swoop Holdings Limited (ASX:SWP) (Swoop) refers to its’ announcement of 1 July 2022 and announced the transaction to acquire Telco Pay trading as Moose Mobile has been completed. Transaction highlights • Swoop has completed the acquisition of Queensland-based national mobile virtual network operator Moose Mobile. • Moose Mobile provides over 97,000 mobile services…
Superloop completes $35 million acquisition of VostroNet
SYDNEY, AUSTRALIA: Superloop Limited (ASX:SLC) has completed the acquisition of VostroNet Holdings Pty Ltd that was announced on 26 September 2022. VostroNet is a leading infrastructure owner and internet provider delivering high speed Fibre to the Premises (FTTP) and intelligent WiFi networks for Multi-Dwelling Units (MDU) and broadacre developments serviced with VostroNet fibre networks. Key…