OSLO, NORWAY: Elkem ASA has entered into an agreement to acquire KeyVest Belgium S.A, a specialist company in the sourcing of materials and production of metal powders to the refractory industry and other segments including advanced ceramics, a bourse filing noted. This will expand Elkem’s product portfolio and create a platform for further growth. KeyVest…
Atea acquires IT consulting operations in southern and western Sweden
STOCKHOLM, SWEDEN: Atea Sweden has announced that it will acquire the IT consulting operations of Human IT Sverige AB in southern and western Sweden. Consultants within the acquired operations have previously worked as subcontractors for Atea Sweden on a number of projects. The consultants are specialists in “DevOps” – practices which combine software development and…
Smart Metering Systems acquires n3rgy Data Ltd, Clenergy EV Limited,
LONDON, UK: Smart Metering Systems, a fully integrated energy infrastructure company owning and managing meter assets, energy data, grid scale batteries and other carbon reduction (CaRe) assets, is pleased to announce two strategic investments, accelerating the Group’s capabilities in the electric vehicle (EV) charging infrastructure asset class and further expanding its service offering in energy…
B90 Holdings acquires T4U Marketing
LONDON, UK: B90 Holdings plc (AIM: B90), the online marketing and operating company for the gaming industry, has entered into an agreement to acquire, through a wholly owned subsidiary, the remaining 49% of T4U Marketing Ltd, which operates the website tippen4you.com. B90 currently holds a 51% equity interest in T4U, acquired in April 2017, and…
AssetCo agrees to acquire SVM Asset Management for £10.7mn
LONDON, UK: AssetCo (AIM: ASTO), the agile asset and wealth management company, has reached agreement to acquire the entire issued share capital of SVM Asset Management Holdings Limited, the holding company to SVM Asset Management Limited for a total consideration of approximately £10.7 million, a bourse filing noted. The consideration will be satisfied by the…
Ken Gilmartin appointed CEO of John Wood Group
LONDON, UK: John Wood Group announced the appointment of Ken Gilmartin as Chief Executive Officer (CEO), effective from 1 July 2022. Ken’s appointment follows an extensive selection process that considered both internal and external candidates. Following 15 years with Jacobs, Ken joined Wood as Chief Operating Officer in August 2021. In his time at Jacobs,…
Fenix acquires 100% ownership of mid-west haulage business, Fenix-Newhaul
SYDNEY, AUSTRALIA: Fenix Resources (ASX: FEX) has signed definitive agreements with Newhaul Pty Ltd to acquire Newhaul’s 50% interest in Fenix-Newhaul, resulting in the consolidation of 100% ownership of the haulage business into Fenix. Factoring in the cash and equity consideration of the Transaction, the additional cash flows generated from the consolidation of the Company’s…
CountPlus acquires CDC Partners
SYDNEY, AUSTRALIA: CountPlus Limited (ASX: CUP) has announced that subsidiary firm CountPlus One has acquired the business of CDC Partners Pty Ltd, a Sydney-based firm that has provided accounting services since 1987. CDC generated recurring revenues of $500,000 in 2021. As part of the transaction, Gregory Diment, founder of CDC, is expected to remain with…
Mark Heine appointed as EROAD’s new Chief Executive Officer
AUCKLAND, NZ: Transportation technology services company EROAD (NZX/ASX: ERD), confirmed the appointment of Mark Heine as EROAD’s new Chief Executive Officer. The Board began a global search process in late 2021 for a new Chief Executive Officer to allow Steven Newman to step back from the day-to-day responsibility of leading the company. With Steven’s resignation…
Demand for used EVs skyrockets
The market for used electric vehicles (EVs) is rapidly increasing. Indeed, so far in 2022, transactions including used battery EVs have more than doubled: 6,625 to 14,586, a rise of 120.2 per cent. But why is this happening? Below, we explore the growing demand for used EVs and what might be behind this surge. Out…
Mutares acquires heat transfer technology from Siemens Energy B.V.
MUNICH: Mutares SE & Co KGaA has signed an agreement to acquire Heat Transfer Technology from Siemens Energy B.V. This acquisition will strengthen the Engineering & Technology segment as a new platform investment. The closing of the transaction, expected in the 4th quarter this year, is subject to the fulfilment of information and consultation rights…
Best Stocks To Buy As A Student in 2022
College students often deal with major financial challenges to pay for college studies. Not all are able to secure full scholarships or financial aid. Many have to look for student jobs and freelance work opportunities to pay their loans, debt, and current expenses. Some choose to buy stocks to live off dividends. In fact, it…