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…
SDI Group has acquired LTE Scientific Limited
LONDON, UK: SDI Group plc, the AIM quoted Group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, announced the acquisition of LTE Scientific Limited, a UK manufacturer of sterilizers and decontamination equipment. Total consideration is forecast to be approximately £4.2 million, net…
JLEN investment in a controlled environment aquaculture project
LONDON, UK: JLEN, the listed environmental infrastructure fund, has reached financial close on a minority equity investment in a controlled environment aquaculture project. The equity investment will be made alongside other Foresight funds, as well as the developer and operator of the facility, Hima Seafood AS. JLEN’s total investment is expected to be up to…
Eric Lookhoff, CEO of QuickFee Limited, resigns
SYDNEY, AUSTRALIA: Eric Lookhoff, current Chief Executive Officer, has today provided his resignation to QuickFee Limited (ASX: QFE) for personal and family reasons. Eric has agreed to continue to work during his four months’ notice period to ensure a stable and comprehensive handover. Whilst CEO, Eric has better positioned QuickFee to benefit from increasing scale,…
Lindian to acquire Kangankunde Rare Earths Project for $30mn
SYDNEY, AUSTRALIA: Lindian Resources Limited (ASX: LIN) has agreed terms to acquire a 100% interest in Rift Valley Resource Developments Limited, a Malawi company that owns the globally significant Kangankunde Rare Earths Project. Under the terms of the transaction, Lindian has agreed to acquire all of the shares in Rift Valley from its existing shareholders…
BW LPG acquires LPG Trading Operations from Vilma Oil
SINGAPORE: BW LPG Limited has entered into an agreement to acquire the LPG trading operations from Vilma Oil, to expand BW LPG’s Product Services division. The Product Services division was established in February 2019 to offer customers a low-risk and fully integrated product delivery service, and support BW LPG’s core shipping business. This acquisition will…
Avoid Costly Trials By Introducing These 6 Safety Measures
It’s no secret that product trials can be costly for businesses. Not only do you have to invest in the products themselves, but you also have to factor in the cost of shipping and handling. And if the product isn’t a hit with customers, you’re stuck with all of those expenses and no sales to…