BRISBANE, AUSTRALIA: Universal Store Holdings Limited (ASX:UNI) has entered into a binding agreement to acquire 100% of Cheap THRILLS Cycles Pty Limited (CTC), trading as THRILLS, a designer, wholesaler and retailer of casual youth fashion apparel. Universal Store has agreed to acquire 100% of THRILLS for an initial notional Enterprise Value of $50 million (on…
Inventis Limited to acquire furniture manufacturer, Open Projects Group
SYDNEY, AUSTRALIA: Inventis Limited, through a 100% owned subsidiary, has entered into a Heads of Agreement to purchase 80% of the Open Projects Group (OPG) with rights to acquire up to 100% in five years. Under the agreement Inventis Limited will pay $3.4 million in cash over 24 months and issue $200,000 of IVT Group…
Stephanie Tully appointed as new Chief Executive Officer of Jetstar
SYDNEY, AUSTRALIA: The Qantas Group has appointed Stephanie Tully as the new Chief Executive Officer of Jetstar Airways. This follows the announcement in June that current Jetstar CEO, Gareth Evans, will leave his role by the end of calendar 2022. Stephanie Tully joined the national carrier in 2004 and has worked across operational, commercial, marketing…
AML3D Limited appoints Ryan Millar as new CEO
SYDNEY, AUSTRALIA: The Board of AML3D Limited (ASX:AL3), a global provider of large-scale metal additive manufacturing technology and solutions, announced the appointment of Mr Ryan Millar as new CEO, with immediate effect. The addition of Mr Millar to the Company’s leadership as CEO, is in line with AML3D’s plans of expanding its executive capabilities as…
Jayex Technology appoints Robert Hadley as Chief Executive Officer
MELBOURNE, AUSTRALIA: Jayex Technology Limited (ASX: JTL) announced Mr Robert Hadley has been appointed as Chief Executive Officer (CEO) effective 3 October 2022. The appointment follows a search process which identified Mr Hadley as the candidate with the demonstrated experience and most suitable skill set to advance the Company’s growth and strategy. Mr Hadley holds…
Eurofins divests its Digital Testing business to Stirling Square for €220 million
PARIS, FRANCE: Eurofins Scientific, the global leader in food testing and a global scientific leader in bioanalytical testing, announces the signing of an agreement to divest its Digital Testing business to Stirling Square Capital Partners for €220m on a cash and debt free basis. This business contributes approximately 1 percent of the Group’s sales and…
Guild’s largest sponsorship deal to date signed with Sky UK
LONDON, UK: Guild Esports (LSE: GILD), a global team organisation and lifestyle brand, announced the signing of a three-year global sponsorship agreement with Sky UK Ltd. (“Sky”), one of Europe’s leading media and entertainment companies. This deal is Guild’s largest to date and is payable exclusively in cash via instalments over the period of the…
Cellular Goods agrees to acquire Cannaray Brands Ltd and Love CBD Health
LONDON, UK: Cellular Goods (LSE: CBX) has signed a letter of intent (LOI) with Cannaray Limited, the owner of Cannaray Brands Ltd & Love CBD Health Ltd (Cannaray Subsidiaries) pursuant to which Cellular Goods will acquire 100% of the issued share capital of the Cannaray Subsidiaries. Discussions over the transaction are at an advanced stage…
Gerard Kisbey Green appointed Non-Executive Chairman of Goldplat Plc
LONDON, UK: Goldplat plc, the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana, announces the appointment of Gerard Kisbey Green, a Non-Executive Director of the Company, as Non-Executive Chairman of the Company with immediate effect, succeeding Matthew Robinson who now stands down as Chairman of the Company as…
Grafintec signs new MoU for establishing anode materials Hub in Europe
LONDON, UK: Grafintec Oy has signed a new Memorandum of Understanding (MoU) with Qingdao Hensen Graphite Ltd, that includes an agreed framework and key terms on which both companies are collaborating with regards to establishing an anode materials hub in Vaasa, Finland. Hensen Formed in 1985, Hensen has been operating in the graphite industry for…
SuperSeed Fund leads $3.4mn investment round into Garvis AI Ltd
LONDON, UK: SuperSeed Capital, a company established as a Venture Capital fund of funds for early-stage technology investing, announced its primary holding, SuperSeed Fund II, has led an investment round into Garvis AI Ltd, the bionic demand forecasting startup aiming to radically transform enterprise supply chain management. Garvis uses AI to rapidly respond to global…
CML Microsystems plans new state of the art business hub at Oval Park
LONDON, UK: CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, announced plans to create significant and sustainable employment opportunities at its current 29-acre site located at Oval Park, Maldon. On 5 July 2022, the Company announced in its final results that its Oval Park site is designated employment land…