LONDON, UK: Pittards plc has acquired the brand and assets of Hill & Friends Limited, a contemporary luxury fashion brand founded by Emma Hill CBE and Georgia Fendley, based in London. Pittards plc is the specialist producer of technically advanced leather and luxury leather goods for global brands, manufacturers, and distributors. The acquisition enables Pittards…
Alimak Group to acquire Tractel for EUR 500mn
STOCKHOLM, SWEDEN: Alimak Group AB has entered into an agreement to acquire Tractel, a world leading height safety specialist, providing reliable, innovative and cost-effective working-at-height solutions and services. The acquisition is transformational, accelerating Alimak Group’s profitable growth strategy, creating a highly profitable global provider of safe and sustainable premium height solutions with an annual revenue…
Alexium International appoints Billy Blackburn as CEO and Managing Director
SYDNEY, AUSTRALIA: Alexium International Group Limited announced that Billy Blackburn has been appointed CEO and Managing Director of Alexium, effective 1 September 2022. In this transition, Dr. Bob Brookins has been appointed Chief Technology Officer (CTO) and will remain an executive director on the Board. The Board is excited about the impact this appointment has…
Ventia Services Group awarded New Zealand road maintenance contract
SYDNEY, AUSTRALIA: Ventia Services Group has been awarded a road maintenance contract by Auckland Transport (AT) for the Auckland West region. The five-year contract has a five-year extension option and will commence 1 September. It is expected to generate a base contracted value of NZ$220m over the initial term. Ventia will provide reactive, routine and…
How Companies Respond After Experiencing a Cyberattack
Hard times create strong people, and strong people create good businesses. The entrepreneurial world is filled with challenges, and you must be ready for everything. Your competition is on the lookout for new strategies to steal your clients. Inflation is rampaging, and prices are increasing everywhere. What’s more, hackers are targeting big and small businesses,…
Nederman acquires RoboVent
STOCKHOLM, SWEDEN: The environmental technology company Nederman has acquired a leading industrial air filtration company RoboVent significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment. RoboVent, founded in 1989, is a North American clean air technology leader in air pollution control solutions for industrial fume,…
Supernet and Trend Micro win Rs450mn Threat Protection System Project
KARACHI, PAKISTAN: Supernet Limited in conjunction with their Japanese technology partner Trend Micro Incorporated have been awarded a new multi-year project for the acclaimed “Tipping Point” Threat Protection System (TPS) by a major Pakistani customer valued at over Rs450 million. Trend Micro’s Tipping Point Threat Protection System (TPS) is a powerful network security platform that…
Sale of LDAP’s fleet of bulk vessels
PARIS, FRANCE: The Louis Dreyfus Armateurs Group (LDA) and its partners, Groupe Roullier and Peugeot Invest, have reached an agreement with institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group and the shipowner MUR Shipping BV, for the sale of a fleet of 13 Handysize and Supramax bulk carriers. In 2013, Peugeot Invest…
VINCI Airports to purchase 29.99% of Grupo Aeroportuario del Centro Norte
PARIS, FRANCE: VINCI Airports signed an agreement to purchase 29.99% of OMA (Grupo Aeroportuario del Centro Norte). This transaction allows VINCI Airports to add 13 airports to its portfolio – located in Northern and Central Mexico – which handled a total of 23 million passengers in 2019 (18 million in 2021). Monterrey International airport, serving…
FSF acquires three afforestation sites in Scotland and signs £30 million Revolving Credit Facility
LONDON, UK: Foresight Sustainable Forestry Company Plc, an investment company that invests in UK forestry and afforestation assets, today announces the acquisition of a further three afforestation sites in Scotland (deploying £3.8m, inclusive of tax and other transaction costs) and the signing of a £30m Revolving Credit Facility agreement. Acquisitions On 15 July 2022, FSF…
Speedy Hire Plc appoints Dan Evans as Chief Executive
LONDON, UK: Speedy Hire Plc announced that Dan Evans will join the Board as Chief Executive with effect from 1 October 2022. On 11 May 2022 Speedy announced that, after seven years with the Company, Russell Down would be retiring as Chief Executive. Dan Evans is currently Chief Operating Officer and has been with Speedy…
JD Sports sells Footasylum Limited for £37.5 million
LONDON, UK: JD Sports Fashion has exchanged contracts to sell Footasylum Limited and its associated subsidiaries to AURELIUS Group for £37.5 million. The sale has been agreed in accordance with the final undertakings issued by the Competition and Markets Authority (‘CMA’) on 14 January 2022, following its decision to prohibit JD’s acquisition of Footasylum last…