LONDON, UK: Supreme Plc (AIM: SUP) announced the acquisition of Liberty Flights Holdings Limited, a leading UK vaping manufacturer best known for their Liberty Flights vaping brand and the market-leading Dot Pro device, for an initial consideration of £7.75 million plus deferred consideration of £2 million, in addition to a performance related earn-out. Supreme Plc…
Planning To Ship A Car Overseas? Here Are Some Helpful Tips
Are you in the process of planning to ship a car overseas? If so, you’re likely wondering what the best way to go about it is. There are a few things you need to take into account when making this decision, and luckily, we’re here to help. In this post, we’ll outline everything you need…
REC Silicon and Ferroglobe announce MOU for solar supply chain expansion
MOSES LAKE, WASHINGTON: Hanwha Group investment and potential passage of SEMA legislation provides spark to expand U.S. production of polysilicon and metallurgical grade silicon. REC Silicon and Ferroglobe today announce a Memorandum of Understanding committing the companies to negotiate a raw material supply agreement and establish a low-carbon and fully traceable U.S.-based solar supply chain….
Make Your Business Successful With These Useful Tips
Are you looking for ways to make your business successful? If so, you’re in luck! This blog post will discuss a few tips that should help you achieve your goals. Keep in mind that there is no one-size-fits-all solution when it comes to business success. However, following these tips should give you a good starting…
6 Things You Need To Know About Affiliate Marketing
Affiliate marketing can be a great way to make money online. By partnering with merchants and promoting their products, you can earn a commission for every sale. Depending on the merchant’s affiliate program, affiliates can also receive payment for leads or clicks. However, before you get started with affiliate marketing, there are a few things…
Tower to sell Papua New Guinea subsidiary to Alpha Insurance for AUD 7.9mn
AUCKLAND, NZ: Tower Insurance announced the conditional sale of all of its shares in its Papua New Guinea subsidiary to Alpha Insurance Limited. The sale price is AUD $7.9m, subject to settlement adjustments. The sale is expected to occur in FY22. In the financial year to 30 September 2021, Tower Insurance (PNG) Limited generated gross…
SmartCraft ASA acquires Elverdi Norge AS for NOK 16.5mn
OSLO, NORWAY: SmartCraft ASA has today entered into an agreement and completed the acquisition of all the shares of Elverdi Norge AS, adding valuable competence and specialist digital sales tools for electricians to SmartCraft’s portfolio. The purchase price for the shares is NOK 16.5 million which was paid in cash. The acquisition was made through…
Sarah Lewthwaite appointed CEO of Movio
SYDNEY, AUSTRALIA: Vista Group International Limited (ASX:VGL) announced that Sarah Lewthwaite, Movio’s Chief Client Officer, has been appointed CEO of Movio, and Matthew Liebmann, Movio’s Chief Operating Officer, has been appointed Vista Group’s Chief Innovation and Data Officer. The appointments will take effect from 1 July 2022. Vista Group CEO, Kimbal Riley, noted: “Both Sarah…
Tufton Oceanic Assets Limited buys Product Tanker, Marvelous
LONDON, UK: The Board of Tufton Oceanic Assets Limited announced the Company has agreed to acquire a Product Tanker for $31.5 million. The Product Tanker, Marvelous, is being acquired at approximately 90% of depreciated replacement cost. Initially the vessel will be employed in a leading product tanker pool where current net unlevered yield is in…
AEW UK REIT acquires Railway Station Retail Park, Dewsbury
LONDON, UK: AEW UK REIT plc (LSE: AEWU) announced the acquisition of the 6.04 acre Railway Station Retail Park in Dewsbury for a price of £4.7 million. The purchase price reflects a low capital value of only £82 per sq ft and provides an attractive net initial yield of 9.4%. The park is fully let…
Apax Partners sell controlling stake in MyCase
LONDON, UK: The Apax X Fund has closed the sale of a controlling stake of portfolio company MyCase, a leading provider of cloud-based legal practice management software and payment services, to AffiniPay. The purchase consideration for MyCase consists of cash and stock and following the transaction, the Apax Funds remain a minority shareholder in the…
Wind Catching Systems completes Series A financing
OSLO, NORWAY: North Energy ASA announced that Wind Catching Systems AS (WCS), the developer of floating offshore wind technology has completed a Series A investment round of up to USD 10 million led by the venture capital arm of an undisclosed global industrial company. The proceeds from the Series A financing will be used to…