LONDON, UK: DeepVerge plc (AIM: DVRG), announces a significant reorganisation of the Group. As from 7 June 2022 the Health / Life Science (Labskin) and Environmental Divisions have been separated and now run independently of each other. The Board notes recent interest and increased discussions with Tier 1 skincare corporations, US drugstores and venture capital backed…
Botswana Diamonds announces acquisition of Maibwe
LONDON, UK: Botswana Diamonds, the London AIM and BSE listed diamond explorer, announced the acquisition of an additional stake in the prospective Maibwe joint venture in Botswana. Highlights · Siseko Minerals Pty Ltd has increased its stake in the prospective Maibwe JV from 29% to 50%. Chairman, John Teeling commented: “We are delighted that after several…
Shepherd Neame acquires seaside bar and restaurant, Urban Reef
LONDON, UK: Shepherd Neame has acquired contemporary Bournemouth seaside bar and restaurant Urban Reef. Located next to the beach on Boscombe Promenade, Urban Reef opened in 2009 and is a stylish two-storey venue comprising a bar, café, deli and restaurant, boasting stunning panoramic views of Bournemouth Bay, from the Isle of Wight to the Purbecks…
Armour Energy appoints Christian Lange as CEO
SYDNEY, AUSTRALIA: Armour Energy Limited (ASX: AJQ) has appointed Mr Christian Lange as CEO of the Company. Mr Lange will commence in his role on 25 July 2022. Mr Lange is a highly experienced executive within both the Australian and International resources industries, having spent over 30 years in executive and operational roles globally. Christian…
Why is it Important to Hold Regular Skills Gap Analysis?
Do you know what skills your current team is lacking? If not, you could be holding your business back from success and could find yourself in a difficult situation in the short and long term. In order for a business to succeed, improve and grow, it is important that you have a team of workers…
How to Use a Digital Wallet
They say that cash is king, but consumers don’t seem to use it anymore to pay for goods and services. More than 80% of American consumers used contactless payments in 2021. Contactless payments aren’t just trending in the United States, either. The contactless payment market is going to quadruple globally over the next four years….
Babcock to sell part of its aerial emergency services business for €136.2mn
LONDON, UK: Babcock International Group has entered into an agreement with funds managed by Ancala Partners, a mid-market infrastructure investor, for the sale of certain of its aerial emergency services businesses for a gross cash consideration of €136.2 million (which equates to around £115 million), subject to closing adjustments and before transaction costs. These businesses…
Infinity Group and AFC buy Lekela Power at an enterprise value of $1.5bn
OSLO, NORWAY: Mainstream Renewable Power and Actis have signed an agreement to sell Lekela Power, Africa’s largest pure-play renewable energy independent power producer, to Infinity Group and Africa Finance Corporation (AFC). This planned exit reflects the successful culmination of Mainstream and Actis’ partnership strategy for Lekela, with the platform consisting of a leading management team,…
Johnson Matthey building £80mn hydrogen fuel cell gigafactory in UK
LONDON, UK: Johnson Matthey (JM), a global leader in sustainable technologies, is building an £80 million gigafactory at its existing site in Royston, UK, to scale up the manufacture of hydrogen fuel cell components. Earlier this year, JM announced a refreshed strategy, with an ambition to be the “market leader in performance components for fuel…
Atrato Onsite Energy acquires Hylton Plantation Solar Farm Limited
LONDON, UK: Atrato Onsite Energy, the renewables investment trust focusing on UK commercial onsite energy, has acquired 100% of the shares of Hylton Plantation Solar Farm Limited, a company set up to develop a 20MWp solar PV system for Nissan Motor Manufacturing UK Limited. The £10.6m transaction sees the Company take on the ownership of…
WPP is acquiring Latin American ecommerce agency, Corebiz
LONDON, UK: WPP Plc is acquiring Corebiz, a leading Latin American ecommerce agency specialising in VTEX implementation, one of the largest enterprise digital commerce platforms in the region, a statement noted. Founded in 2013, Corebiz employs over 600 people across Latin America, with the majority of its headcount based in its São Paulo and Franca…
GSTechnologies announces disposal of EMS Wiring Systems
LONDON, UK: GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, entered into a binding agreement to sell its subsidiary, EMS Wiring Systems Pte. Ltd, to Teo Chiah Chiu Raphael, the Chairman of EMS. Highlights · Disposal of EMS Wiring Systems to a member of its management team · Consideration for the Disposal comprises the…