LONDON, UK: Westminster Group, the AIM listed supplier of managed security services and technology-based security solutions to governments and government agencies, non-governmental organisations (NGOs) and blue-chip commercial organisations worldwide, announced that Westminster Aviation Security Services Ltd, Westminster Group’s aviation specialists have recently been awarded a contract for aviation security training contract within the UK. The…
RS Group agrees to acquire Mexico based Risoul for US$275 million in cash
LONDON, UK: RS Group signed an agreement to acquire Risoul y Cia, S.A. de C.V. (Risoul), a family-owned distributor of industrial and automation product and service solutions in Mexico, for a cash consideration of US$275 million. The consideration represents an acquisition multiple of c. 12x adjusted EBIT on a 12-month basis to 30 June 2022,…
Accenture has acquired YSC Consulting
LONDON, UK: Accenture (NYSE: ACN) has acquired YSC Consulting, a CEO advisory and leadership consultancy that helps organizations align leadership strategies with their business goals to achieve transformational change. The acquisition strengthens Accenture’s capabilities to advise the CEO, C-Suite, and Board with solutions to boost performance and build leadership teams for the future. Terms of…
Catalent Inc to acquire Metrics Contract Services for $475 million
SOMERSET, N.J.: Catalent Inc. (NYSE: CTLT) has reached an agreement to acquire Metrics Contract Services, a full-service specialty Contract Development and Manufacturing Organization (CDMO) with a facility in Greenville, North Carolina, for $475 million from Mayne Pharma Group Limited (ASX: MYX). Upon completion, the acquisition will strengthen Catalent’s capabilities in integrated oral solid formulation development,…
Genex Power acquires 2GW battery development project
SYDNEY, AUSTRALIA: Genex Power Limited (ASX:GNX) has entered into the transaction documents with Solar Choice Pty Ltd to acquire a 100% interest in the development rights for the up to 2GW multi-stage Bulli Creek Clean Energy Project located approximately 100km south-west of Toowoomba in south east Queensland. The first stage of the Project is anticipated…
DEWA invests in AI & machine learning to improve efficiency, reduce costs
DUBAI, UAE: Dubai Electricity and Water Authority (DEWA)’s R&D Centre employs Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning (DL) to promote DEWA’s efforts to enrich the experience of customers, employees, and stakeholders. This also aims to reduce costs and carbon emissions in addition to promoting energy efficiency, smart grid integration and improving the…
How Large Is The Biopharmaceutical Industry?
The biopharmaceutical industry’s business models are anticipated to be altered during the next two decades by five forces, both within and outside the sector, which will necessitate that current participants assess altering markets and choose how they will compete. A wide spectrum of diseases will continue to be treated or cured by biopharmaceutical businesses in…
CBRE Investment Management acquires CapMan Infra’s stake in Norled
LONDON, UK: CBRE Investment Management (CBRE IM) and CapMan Infra, which each acquired a 50 per cent stake in leading Norwegian ferry and express boat operator Norled AS in 2019, have now entered into an agreement for CBRE IM to acquire the entire stake managed by CapMan. CBRE Investment Management is making the investment on…
OZ Minerals funds Kapunda Copper Project Australia
SYDNEY, AUSTRALIA: The directors of Thor Mining Plc announced that OZ Minerals Limited will provide funding support for technical investigations into In Situ Recovery (ISR) technology at the EnviroCopper Ltd (ECL), Kapunda copper-gold ISR Project, in South Australia. Thor owns 30% equity in ECL. Project highlights: OZL has committed AUD$2.5 million over 18 months to…
Kongsberg Automotive divests part of Shawinigan operations for EUR 104mn
ZURICH: Kongsberg Automotive ASA and its subsidiary Kongsberg Inc have entered into a definitive agreement for the sale of a part of its Shawinigan operations in Canada to BRP for a total enterprise value of CAD 136 million (EUR 104 million). Kongsberg Automotive (KA) provides cutting-edge technology and engineering to the global vehicle industry. KA…
Global Ports Holding adds Canary Islands ports to network
LONDON, UK: Global Ports Holding Plc (GPH), the world’s largest independent cruise port operator, announced that Global Ports Canary Islands S.L. (GPCI), an 80:20 joint venture between GPH and local partner Sepcan S.L., has successfully completed the competitive RFP process for certain Canary Island cruise ports having received final acceptance for the concessions for three…
WSP Group to acquire RPS Group for £591.1 million
LONDON, UK: WSP Holdings, or another wholly-owned subsidiary of WSP Global, will acquire the entire issued and to be issued share capital of RPS Group, a global professional services firm of consultants and service providers, headquartered in Abingdon, Oxfordshire. Under the terms of the acquisition, RPS shareholders will be entitled to receive 206 pence in…