LONDON, UK: ThomasLloyd Energy Impact Trust, the renewable energy investment trust providing direct access to sustainable energy infrastructure in fast-growing and emerging economies in Asia, has successfully completed the acquisition of the remaining 57% economic interest in SolarArise India Projects Private Limited, taking its total ownership to 100%. The consideration of US$38.5 million was funded…
Invinity Energy Systems signs MoU with Dawsongroup to develop UK battery rental offering
LONDON, UK: Invinity Energy Systems (AIM: IES), a leading global manufacturer of utility-grade energy storage, has signed a non-binding Memorandum of Understanding (MoU) with Dawsongroup Power Solutions Limited with the intention of appointing Dawsongroup as Invinity’s exclusive partner for the UK equipment rental market. Dawsongroup has also purchased a 0.22 MWh Invinity VS3 battery which…
Knights Group to acquire Bristol based Meade King for £2.1 million
LONDON, UK: Knights Group has agreed to acquire Meade King LLP, an established, independent law firm in Bristol. Tracing its origins to 1790, Meade King is a long-established independent law firm serving Bristol and the South West. Well-positioned in a significant and competitive market, the firm has strong real estate and corporate offerings, with smaller…
Anthony Reilly appointed Managing Director and CEO of Felix Gold Limited
SYDNEY, AUSTRALIA: Felix Gold Limited (ASX: FXG) announced the appointment of experienced resources industry executive, Mr Anthony Reilly, as Managing Director and CEO. Anthony Reilly has 35 years’ experience across both mineral exploration and development businesses and the global finance industry. He was most recently an Executive Director and CEO of Venturex Resources Limited (now…
Australian Pacific Coal Limited CEO and Executive Chairman David Conry retires
SYDNEY, AUSTRALIA: Australian Pacific Coal Limited (ASX: AQC) announced that the Chief Executive Officer Mr David Conry AM is retiring from his role and has resigned as Executive Chairman, with effect immediately. AQC’s Independent Director Mr Mike Ryan has been appointed as the Interim Chairman. Mr Ryan joined the Board in November 2022 and has…
8 European Countries To Try And Build Your Company
Are you looking for a place to start or expand your business? Europe is an ideal location, with its diverse culture and advanced infrastructure. With so many countries to choose from in the region, it can be difficult to decide which one would be best suited for your company’s needs. To help narrow down your…
RHI Magnesita to acquire a 65% shares in Jinan New Emei for €40 million
LONDON, UK: RHI Magnesita has agreed to acquire a 65% shareholding in Jinan New Emei for a cash consideration of ¥293 million (€40 million). Jinan New Emei Industries Co. Ltd. is a leading producer of refractory slide gate plates and systems, nozzles and mixes for use in steel flow control, employing over 1,300 people and…
Vista Equity Partners signs agreement to acquire Duck Creek Technologies for $19/share
LONDON, UK: Vista Equity Partners has entered into a definitive agreement to acquire Duck Creek Technologies, a software provider to property and casualty insurers, for $19 per share in an all-cash transaction. Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in…
Semtech Corporation completes $1.2bn acquisition of Sierra Wireless
VANCOUVER, BRITISH COLUMBIA: Semtech Corporation (Nasdaq: SMTC) has completed the acquisition of Sierra Wireless Inc. (Nasdaq: SWIR) in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately US$100 million of high-margin IoT Cloud services recurring revenues. Semtech expects the acquisition to be…
Dynamic Metals IPO raises $7 million
SYDNEY, AUSTRALIA: Jindalee Resources Limited has successfully completed the spin-out and Initial Public Offering (IPO) of Dynamic Metals Limited (ASX: DYM). The IPO received strong support from Jindalee shareholders and new investors, with the offers to raise up to a maximum of $7 million closing oversubscribed. Dynamic shares allotted under the IPO were issued on…
Merit Group announces disposal of Le Trombinoscope
LONDON, UK: Merit Group Plc (AIM:MRIT), the data and intelligence business, announced that it has today completed the disposal of the trade and assets of Le Trombinoscope, a French language directory service publication focused on the French political landscape. The business was the only media title excluded from the Group’s recent disposal of its Media,…
The dangers of working in construction
While the COVID-19 pandemic served as a crucial reminder of the importance of overall health and safety practices in the workplace, construction industry workers have always faced a relatively high level of risk when carrying out their everyday jobs. Construction business owners must take the necessary steps to keep their employees safe and ensure that…