LONDON, UK: Essentra plc announced the disposal of Essentra Filter Holdings Limited to Frank Acquisition Four Limited. The top holding company of Frank Acquisition Four Limited is Centaury Management Limited, which is owned and controlled by the investment office of the Markus family. The consideration is comprised of approximately £200 million initial consideration due on…
The Ince Group agrees to sell Ince Gibraltar
LONDON, UK: The Ince Group plc (AIM: Ince) has agreed conditional heads of terms for the sale of two subsidiaries in Gibraltar, Ince Gibraltar Limited and Ince Consultancy Gibraltar Limited (together, Ince Gibraltar). The Ince Group plc (AIM: Ince) provides legal, financial services, consulting, and pension advice services. Whilst the heads of terms are binding,…
Scott Fawcett appointed CEO of Essentra plc
LONDON, UK: Essentra plc announced that Paul Forman has decided to step down from his role as Chief Executive of the Company at the end of the current financial year on 31 December 2022. Paul will be succeeded by Scott Fawcett who is currently the Managing Director of Essentra’s Components division. Scott will join the…
QinetiQ Group acquires Air Affairs Australia, disposes of QinetiQ Space NV
LONDON, UK: QinetiQ Group plc has reached an agreement to acquire Air Affairs (Australia) Pty Ltd for a cash consideration of A$53 million. QinetiQ also agreed to sell QinetiQ Space NV in Belgium to Redwire Space Europe for a cash consideration of €32 million. QinetiQ has set out a clear strategy to focus on its…
Brickability Group has acquired ET Clay Products for £11.6 million
LONDON, UK: Brickability Group plc (AIM: BRCK), the leading construction materials distributor, has acquired ET Clay Products for a consideration of £11.6 million through the acquisition of 100 per cent of the share capital of E.T. Clay Products Limited and Heritage Clay Tiles Limited. Established over 25 years ago, ET Clay Products is a specialist…
Pro-Pac Packaging appoints John Cerini as Chief Executive Officer
SYDNEY, AUSTRALIA: Pro-Pac Packaging Limited (ASX:PPG) announced that Mr John Cerini has been appointed Chief Executive Officer and will join the Board as Managing Director effective today. John Cerini is a seasoned executive with extensive industry and manufacturing experience, and is well known to the Company having been CEO of Integrated Packaging for 12 years…
Paymob signs up with integrated virtual care platform, medIQ
ISLAMABAD, PAKISTAN: Paymob has signed a memorandum of understanding (MoU) with medIQ Smart Healthcare, Pakistan’s first integrated virtual care platform, to drive financial inclusion and lead the way for swift payment acceptance. Paymob is the leading financial services enabler delivering the latest technologies to customers in the Middle East, North Africa and Pakistan (MENAP) region….
Visa launches new version of the educational video game, Financial Soccer
SAN FRANCISCO: Visa (NYSE: V), the Official Payment Technology Partner of FIFA, invites soccer fans to sharpen their financial skills on the virtual pitch with the new version of the educational video game, Financial Soccer. Gamers can suit up as the country of their choice and take their best shot for the coveted trophy by…
Ignitis Group acquires onshore wind farm in Poland
LONDON, UK: Ignitis Group through its subsidiary Ignitis Renewables signed an agreement to acquire 100% of shares of the company developing an onshore wind farm in Poland. The total capacity of the wind farm (Silesia 2) is up to 137 MW. The project is currently at an advanced stage of development with an estimated COD…
Foresight Solar buys a 50% equity stake in Gigabox No 4 Limited
LONDON, UK: Foresight Solar, a fund investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally, announced the acquisition of a 50% equity stake in Gigabox No 4 Limited, which holds the development rights to construct a 49.9MW lithium-ion battery energy storage plant in Angus, Scotland. The…
Milton Capital announces IPO on London Stock Exchange
LONDON, UK: Milton Capital Plc (LSE:MII), a new type of special purpose acquisition company, announced its intention to apply for admission of its shares to the standard listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. Admission is expected to take place on or around…
UK based livestreaming business Driift has acquired Dreamstage
LONDON, UK: All Things Considered Group Plc (AQSE: ATC) announced that Driift, a leading UK based livestreaming business which ATC co-founded, has acquired Dreamstage, a technology and commerce platform that allows artists to engage their fanbase in highly interactive live streaming events. As part of this transaction, Driift will be further strengthened by an additional…