LONDON: Nexus Infrastructure Plc (AIM: NEXS), a leading provider of essential infrastructure solutions, announced the acquisition of Coleman Construction & Utilities Limited, a civil engineering & construction business with experience in several key sectors including water, rail, highways, and rivers & marine, for a total consideration of up to £5.38m. The Group also provides an update…
Bridgepoint Advisers offers to acquire Eckoh Plc for £169.3 million
LONDON: Bridgepoint Advisers and Eckoh have agreed on terms for a recommended cash acquisition of Eckoh’s entire share capital by Bridgepoint’s Bidco. Eckoh shareholders will receive 54 pence per share, valuing the company at approximately £169.3 million. This offer represents a premium of 11.34% to the closing price on August 21, 2024, and higher percentages…
Thor Energy signs deal to acquire 80.2% of Australia-based explorer, Go Exploration Pty Ltd
LONDON: Thor Energy Plc (AIM, ASX: THR, OTCQB: THORF) has entered into a binding acquisition agreement to acquire 80.2% of the issued share capital of Go Exploration Pty Ltd, an Australian-based natural hydrogen and helium explorer. The acquisition will be satisfied by issuing 466,462,584 new ordinary shares in Thor Energy, with 70% of these shares…
Gooch & Housego has acquired UK-based Phoenix Optical for £6.75 million
LONDON: Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical components & systems, has acquired UK-based Phoenix Optical for a total consideration of up to £6.75 million. This acquisition extends G&H’s precision optics capabilities in its Aerospace & Defence markets and creates new opportunities for the cross selling of the combined capabilities. From…
SDI Group has acquired InspecVision Ltd for a net consideration of £6.1 million
LONDON: SDI Group plc has announced the acquisition of InspecVision Ltd, a designer and manufacturer of computer vision-based measurement systems for industrial applications, for a net consideration of £6.1m. Highlights · Profitable business in the metrology market · Blue chip customer base, international revenues and strong US market exposure · Provides intra-group cross selling opportunities · Delivering against Group’s stated…
Zinc Media Group has acquired Raw Cut Ventures Ltd for £1.0 million
LONDON: Zinc Media Group plc (AIM: ZIN) has announced the acquisition of Raw Cut Ventures Ltd, which owns Raw Cut Television, Raw Cut Distribution, and Tomas TV a leading independent television production and distribution company for an initial net consideration of £1.0m to be satisfied by the issue of 1,541,622 Zinc new ordinary shares. Application…
Venture Life has acquired Health & Her Limited for an upfront £7.5 million
LONDON: Venture Life (AIM: VLG), a leader in developing, manufacturing and commercialising products for the international self-care market, announced the acquisition of the entire issued share capital of Health & Her Limited (“H&H”), a specialist female health business from its founders, Kate Bache and Gervase Fay and other shareholders, for an upfront cash consideration of…
Signature Holdings acquires Signature Fabrics, parent of Friedman’s Ltd and Milano International
LONDON: CEPS Plc announced that Signature Fabrics Limited, a 55% indirectly held subsidiary of CEPS, has been acquired by Signature Fabrics Holdings Limited, a company incorporated in June 2024 being used to acquire 100 per cent of the issued share capital of Signature Fabrics, for a total consideration of £4.0 million. Signature Fabrics is the…
Foxtons Group acquires Haslams Estate Agents and Imagine Property Group Limited
LONDON: Foxtons Group plc (LSE:FOXT) announced the acquisitions of two estate agents, Haslams Estate Agents (Thames Valley) Limited and Imagine Property Group Limited. Total initial consideration is £12.6m, with £3.4m of total deferred consideration contingent on the delivery of performance targets. Haslams’ initial consideration is £7.6m, with £2.4m deferred, and Imagine’s initial consideration is £5.0m,…
IQE plc CEO Americo Lemos has left the company
LONDON: IQE plc, the leading global supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, today announced that Americo Lemos, Chief Executive Officer, has left the company with immediate effect. Mark Cubitt, who joined the IQE Board earlier this month as Chair-elect, will become the Executive Chair of IQE….
Van Elle Holdings has acquired Albion Drilling Holdings for £3.5 million
LONDON: Van Elle Holdings plc (AIM: VANL), the UK’s largest ground engineering contractor, has acquired the entire issued ordinary share capital of Albion Drilling Holdings Limited, a market leading specialist piling and drilling business, for total consideration of up to £3.5m, of which £0.5m is net cash acquired. Based in Stirling, Albion is a leading…
The Original Juice Company to acquires SPC Global, creating leading Australian food and beverage giant
SYDNEY: The Original Juice Company (OJC) has entered into a binding agreement to acquire SPC Global Limited (SPC), creating a leading Australian and global food and beverage company. As part of the transaction, OJC will conduct a 10:1 share consolidation and issue new shares to SPC shareholders. This will result in existing OJC and SPC…