PARIS, FRANCE: SMCP, the parent company of the Sandro, Maje, Claudie Pierlot and Fursac brands, announced the appointment of Olivier Germain as Claudie Pierlot’s CEO, effective from November 2, 2022. In this role, he will join the SMCP Executive Committee. Isabelle Guichot, CEO of SMCP, stated: “I am very pleased to welcome Olivier to the…
ThomasLloyd Energy Impact Trust expands into Vietnam with $30mn investment
LONDON, UK: ThomasLloyd Energy Impact Trust, the renewable energy investment trust, announced its expansion into Vietnam, via a new local partnership with an investment agreement for an initial US$30m with Solar Electric Vietnam (SEV). As the first transaction in this new partnership, the Company is also pleased to announce that, subject to normal regulatory and…
Caledonia Mining has purchased Motapa Mining Company UK Limited
LONDON, UK: Caledonia Mining Corporation has purchased Motapa Mining Company UK Limited, the parent company of a Zimbabwe subsidiary which holds a registered mining lease over the Motapa gold exploration property in Southern Zimbabwe. Caledonia Mining has made the purchase from Bulawayo Mining Company Limited, a privately owned UK company. The purchase price is undisclosed…
Sovereign Metals to supply 20,000 tonnes of natural rutile/annum to US-based Chemours
LONDON, UK: Sovereign Metals Limited (ASX:SVM) has entered into a non-binding Memorandum of Understanding (MOU) with The Chemours Company for the potential supply of 20,000 tonnes of natural rutile per annum from the Company’s Kasiya Rutile Project. Upon signing the MOU, Sovereign’s Managing Director Dr Julian Stephens commented: “To have signed an MOU for the…
Alien Metals to acquire another 39% interest in Hancock and Brockman
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…