LONDON, UK: Diversified Energy Company has acquired the well services and plugging assets and operations of Contractor Services Inc. of West Virginia, representing the Company’s third acquisition of an Appalachian asset retirement operator during 2022. Located in Spencer, West Virginia, ConServ is a privately held business led by David and Scott Freshwater that was formed…
Close the Loop acquires Alliance Paper
MELBOURNE, AUSTRALIA: Close the Loop Limited (ASX: CLG) announces acquisition of 100% of thermal paper supplier and sustainable paper products group, Alliance Paper Pty Ltd. for a total purchase price of $1 and an investment in working capital of approximately $4.5 million. Alliance is a leading Australian supplier of thermal paper and associated paper products…
Origin Energy increases investment in Octopus Energy
SYDNEY, AUSTRALIA: Origin Energy Limited will invest an additional £94 million ($163 million) in Octopus Energy Group to maintain its 20 per cent equity interest and support the UK technology and energy company to continue its rapid expansion. Since Origin’s last investment in September 2021, Octopus has made significant progress across its retail, renewable energy,…
Anagenics to divest Advangen Inc to TK Holdings
SYDNEY, AUSTRALIA: Anagenics Limited (AN1) has agreed to divest its wholly-owned subsidiary Advangen Inc to TK Holdings LLC, an entity owned by ADV Japan’s local management. AN1 will retain an earn-out arrangement to benefit from ADV Japan performance over a 15 year period. In recent years, ADV Japan has faced a challenging trading environment due…
Brad Rogers appointed MD & CEO of Jupiter Mines Limited
SYDNEY, AUSTRALIA: Manganese producer Jupiter Mines Limited (ASX:JMS) announced the appointment of highly experienced mining sector executive Brad Rogers as Managing Director and Chief Executive Officer (CEO) with effect on 1 August 2022. Mr Rogers will be based in Jupiter’s Perth head office. Mr Rogers will join Jupiter from leading mining logistics company Bis Industries…
Revasum appoints Scott Jewler as President & CEO
SAN LUIS OBISPO, CALIFORNIA: Global semiconductor technology and equipment firm, Revasum Inc. (ASX: RVS) announced that Scott Jewler will join the Company as President and Chief Executive Officer and become a member of the Company’s Board of Directors on 2 August 2022. He will replace interim CEO Bill Kalenian, who will resume his duties as…
Challenger Limited appoints Victor Rodriguez as Chief Executive, Funds
SYDNEY, AUSTRALIA: Challenger Limited (ASX: CGF) announced the appointment of Victor Rodriguez to the role of Chief Executive, Funds Management, effective 1 August 2022. Challenger’s Funds Management division encompasses Challenger’s multi-affiliate platform, Fidante and Challenger Investment Management, an alternative investment manager covering Fixed Income and Real Estate investments. Mr Rodriguez has been Challenger’s Head of…
Common machines in a wooden furniture factory
Wooden furniture factories rely on a number of machines to help construct vast quantities of furniture throughout the day. Without these machines, the factory wouldn’t operate nearly as efficiently. Below, we explore the common machines that operate in the factory and how you can maintain them effectively. CNC router machine Cutting through wood is a…
Describe a database
A database is often a large collection of data kept on computers. It is a regulated organization of structured data that the database management system manages (DBMS). This means that the database system, which is short for database, is made up of the data, the DBMS, and the application connected to it. Different methods referred…
Macau Property Fund sells units in The Waterside Macau
HONG KONG: Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, today announces the sale of four units located in its flagship property, The Waterside Macau, for a combined HK$113.4 million (c.US$14.4 million). On 25 July 2022, the sale of two units was completed in full for a gross consideration of HK$70.9 million (c.US$9.03…
Apax signs deal to acquire Pickles Auctions
LONDON, UK: Apax X Fund has signed a definitive agreement to acquire Pickles Auctions, a leading auction marketplace in Australia. The transaction is expected to close by Q4 2022, subject to customary closing conditions. Privately owned since 1964, Pickles Auctions is one of Australia’s leading marketplaces for transport, construction, mining, aviation, vehicles, general goods and…
Custodian REIT buys high-yielding long lease industrial asset in Derbyshire
LONDON, UK: Custodian REIT (LSE: CREI), the UK property investment company focused on smaller lot-sizes, has acquired a 47,882 sq ft high-yielding long lease industrial facility, The asset is fully let to Container Components Limited with 20 years remaining on the lease for £3.5 million. The property produces an index linked passing rent of £227,440…