SYDNEY, AUSTRALIA: carsales.com Limited (ASX: CAR) has completed the acquisition of the remaining 51% of leading US digital marketplace business Trader Interactive. The acquisition was funded via a successful A$1,207 million accelerated non-renounceable entitlement offer. carsales also successfully refinanced its debt facilities, materially enhancing the size and structure of its debt facilities by upsizing it…
De.mem acquires remaining 25% stake in German De.mem-Geutec GmbH
SYDNEY, AUSTRALIA: De.mem (ASX:DEM) has signed a binding agreement to acquire the remaining 25% stake in its German subsidiary De.mem-Geutec GmbH, Velbert, Germany. Subject to the pending completion of the acquisition, De.mem will own 100% in De.mem-Geutec GmbH. De.mem acquired the initial 75% in De.mem-Geutec on 17 October 2019. De.mem-Geutec supplies waste water treatment products…
Pioneer Media launches MetaKit, its proprietary web3 gaming platform
VANCOUVER, BRITISH COLUMBIA: Pioneer Media Holdings, a web3 gaming and infrastructure company, announced that it recently launched MetaKit, its proprietary web3 gaming infrastructure and conversion technology suite of products to assist game developers run play-to-earn (“P2E”) on the blockchain. In March 2022, Pioneer acquired Crowdform, a digital product and venture activation studio which has been…
Halma Plc has acquired IZI Medical Products for $153.5 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone every day, has acquired IZI Medical Products LLC (IZI). Headquartered in Maryland, USA, IZI is a designer, manufacturer and distributor of medical consumable devices which are mainly used by interventional radiologists and surgeons…
PPHC acquires California Lobbying firm, KP Public Affairs for $35mn
LONDON, UK: Public Policy Holding Company (AIM: PPHC), a leading bi-partisan, full-service US government affairs business, announced the acquisition of KP Public Affairs, one of the largest advocacy and public relations firms in California, for a total maximum consideration of $35.0 million. KP Public Affairs is a leading California lobbying, government affairs and public relations…
Idox plc has acquired UK-based LandHawk Software Services
LONDON, UK: Idox plc (AIM: IDOX), a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors, announced the acquisition of LandHawk Software Services Limited, a UK based, cloud-native land mapping software and geospatial information services (GIS) data business. Highlights LandHawk has a growing presence in the commercial sector in…
OMV Petrom and Complexul Energetic Oltenia invest in the electricity production from solar PVs
LONDON, UK: OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power capacity of ~450 MW. In December 2021, OMV Petrom was designated as selected investor for these projects, following a selection procedure organized by CE Oltenia….
Essentra sold Essentra Filter Holdings to Frank Acquisition Four for £220 million
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…