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…
Gram Car Carriers to acquire the truck carrier for $49 million
OSLO, NORWAY: Gram Car Carriers ASA signed an agreement to acquire the Pure Car Truck Carrier “Paglia” (5,000 CEU) from F. Laeisz GmbH (the “Seller”) for a total consideration of USD 49 million. The Transaction is expected to facilitate increased dividend distributions over time and adheres to the Company’s strategic aim of pursuing accretive growth…
Mowi ASA to acquire 51.28% shares in Arctic Fish for EUR 181 million
OSLO, NORWAY: Mowi ASA has entered into a share purchase agreement to acquire 51.28% of the shares in Arctic Fish. Arctic Fish is one of the leading salmon farmers in Iceland, situated in the West Fjords with favorable conditions for salmon farming. The company is listed on Euronext Growth Oslo and the acquisition price is…
Fingrid has sold its ownership in Nord Pool to Litgrid Ab
LONDON, UK: Fingrid Oyj has sold its shareholding in TSO Holding AS to Litgrid Ab through a share transaction closed on 31 October 2022. Litgrid acquired the shares from Fingrid and Energinet for approximately 135 million Norwegian kroner (approx. 13.5 million euros). TSO Holding owns 34 per cent of the shares in Nord Pool Holding…
Vicinity Centres CEO and MD, Grant Kelley to retire
SYDNEY, AUSTRALIA: Vicinity Centres announced the retirement plan of its CEO and Managing Director, Mr Grant Kelley. After more than five years in the role, Mr Kelley will retire from Vicinity by 30 June 2023, to facilitate a smooth and coordinated transition to his successor. Vicinity will commence a search for Mr Kelley’s replacement which…
Arkema announces divestment of phosphorus derivatives business, Febex
PARIS, FRANCE: Arkema S.A., specialty chemicals and advanced materials company, announced the proposed divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosphite and derivatives), used primarily in electronics and in the pharmaceuticals industry. Part of the Performance…