LONDON: Pri0r1ty Intelligence Group (AIM: PR1), an AI-driven professional growth services provider for small and medium-sized enterprises, has entered into a share purchase agreement to acquire Halfspace Limited, a London-based sports data and marketing business. The acquisition, first outlined in a term sheet on June 3, 2025, is pending shareholder approval. A circular detailing the…
LHV Group names Mihkel Torim as new CEO
TALLINN: The supervisory board of AS LHV Group has elected Mihkel Torim as chairman of the management board and CEO, effective July 22. Torim, currently head of investment banking at LHV Bank, will succeed Madis Toomsalu, who announced his departure earlier this year after leading the company since 2016. Torim brings over 20 years of…
Comvita appoints Karl Gradon as CEO
TAUPO: Comvita Limited (NZX:CVT) announced Monday the appointment of Karl Gradon as its new chief executive officer, effective Aug. 1. Gradon brings extensive global leadership experience in the primary industry, including senior roles at Fonterra and Kerry Ingredients. After returning to New Zealand, he served as CEO of New Zealand Manuka Group, driving growth in…
Hydrogen Utopia signs deal to bring waste-to-hydrogen tech to MENA region
LONDON: Hydrogen Utopia International (HUI), a company that converts non-recyclable plastic waste into hydrogen and other clean fuels, has signed a preliminary agreement with U.S.-based InEnTec Inc. to secure exclusive licenses for its waste-to-hydrogen technology across the Middle East and North Africa (MENA). The deal, outlined in a heads of terms agreement, grants HUI access…
N4 Pharma reports 2024 financial results
LONDON: N4 Pharma plc (AIM: N4P), a UK-based biotechnology company developing its proprietary Nuvec® gene delivery system for advanced cancer and disease therapies, announced its audited financial results for the year ended Dec. 31, 2024. The company’s annual report and notice of its annual general meeting (AGM) have been distributed to shareholders. The AGM will…
Bango reports strong revenue growth in FY24, expands digital vending machine reach
LONDON: Bango (AIM: BGO), a global platform for data-driven commerce, announced its full-year results for the 12 months ended Dec. 31, 2024, highlighting double-digit revenue growth and an expanded customer base for its Digital Vending Machine® (DVM) technology. Financial Performance Total revenue rose 16% year-over-year to $53.4 million, up from $46.1 million in 2023. Transactional…
Amirose London Holdings begins trading on Aquis Stock Exchange following acquisition
LONDON: File Forge Technology PLC, soon to be renamed Amirose London Holdings PLC, announced Friday the completion of its acquisition of Amirose London Ltd. and the admission of its enlarged share capital to trading on the Aquis Stock Exchange. The company’s 117,483,865 ordinary shares, priced at £0.05 each, began trading at 8 a.m. under the…
IIG sees major growth in China’s digital lottery market with Hui10 expansion
LONDON: Intuitive Investments Group plc (IIG), a closed-end investment company focused on high-growth opportunities, announced its half-year financial results for the six months ending March 31, 2025, emphasizing progress in its key asset, Hui10, a leader in China’s digital lottery transformation. Chairman Optimistic on Growth Sir Nigel Rudd, IIG’s chairman, said the company’s primary driver of…
Rosebank acquires Electrical Components International in £1.14 billion deal
LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully underwritten institutional capital raise of approximately £1.14 billion ($1.45 billion). The acquisition, Rosebank’s first under its “Buy, Improve, Sell” strategy, aims to enhance shareholder value…
Apax Global Alpha to invest additional €3M in WGSN following IWSR acquisition
LONDON: Apax Global Alpha (AGA), the closed-ended investment company linked to the Apax Private Equity Funds, announced Friday that it expects to invest an additional approximately €3 million in WGSN after the trend forecaster’s acquisition of IWSR, a leading provider of beverage alcohol market insights. WGSN, a portfolio company of the Apax XI Fund, disclosed…
SDI Group Acquires Severn Thermal Solutions for £4.75M
CAMBRIDGE: SDI Group plc, a buy-and-build company specializing in lab equipment, industrial sensors and scientific products, has acquired Severn Thermal Solutions Ltd., a designer and manufacturer of high-temperature furnace systems and environmental chambers, for a net consideration of £4.75 million ($6.1 million). Severn, based in Dursley, U.K., produces advanced material testing and processing systems used…
Pinewood.AI to acquire Lithia’s stake in North American JV in $76.5 million deal
LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million, the company announced today. The deal, structured through the issuance of 14,560,691 new ordinary shares in Pinewood.AI at 386.5 pence per share, values the joint…