PARIS, FRANCE: Bpifrance, through Lac1 Fund has acquired 5% shares of SPIE’s capital. SPIE is the independent European leader in multi-technical services in the areas of energy and communications. This represents BPI France’s 4th investment since its inception, late 2020. The investment in SPIE, which plays a key role in the energy transition and digital…
Bapcor Limited appoints Noel Meehan as new Chief Executive Officer
SYDNEY, AUSTRALIA: Bapcor Limited (ASX: BAP) has appointed Noel Meehan as its new Chief Executive Officer (CEO), effective immediately. Most recently, Mr Meehan has been the Company’s Acting Chief Executive Officer since 6 December 2021 and before that, Chief Financial Officer since joining the company in 2020. Executive Chair of Bapcor, Margaret Haseltine said: “The…
Anteris Technologies considers merger with Medicus Sciences Acquisition Corp
BRISBANE, AUSTRALIA: Anteris Technologies Ltd (ASX: AVR) is considering to merge with NASDAQ-listed special purpose acquisition company Medicus Sciences Acquisition Corp. (MSAC). MSAC currently has no commercial operations and was established as a blank cheque company for the purpose of, amongst other things, effecting a merger, share exchange or business combination with one or more…
iCandy to acquire 51% stake in Digital Games International (Storms)
SYDNEY, AUSTRALIA: iCandy Interactive Limited (ASX: ICI) has entered into a Share Purchase Agreement to acquire 51% of Southeast Asia-based games development, polishing and licensing company, Digital Games International Pte. Ltd. (Storms). iCandy is acquiring 51% of Stor ms for a total consideration of AUD 8 million, which will be settled via the issuance of…
Aquis partners with Investre, exchange for value-driven investment funds
LONDON, UK: Aquis Technologies, the exchange software licensing arm of Aquis Exchange PLC, announced a partnership with the neo-exchange for value-driven investment funds, Investre. Investre is building an exchange where retail customers can buy and sell values-driven investment funds-either direct from the asset manager on the primary market, or by trading with other users through…
ATOME Mobility to commence business in 2023
LONDON, UK: ATOME Energy (AIM: ATOM) has created a new division within the company, ATOME Mobility, with the objective to commence transport operations, initially in Paraguay, in 2023. ATOME is the international company focused on green hydrogen and ammonia production, sales and marketing with current projects in Iceland and Paraguay. ATOME has created a new…
TwentyFour Income Fund and UK Mortgages Limited agree on merger
LONDON, UK: The Boards of TwentyFour Income Fund Limited (TFIF) and UK Mortgages Limited (UKML) have agreed the terms of a proposed merger of the two companies, a bourse filing said. The merger will be effected by way of a scheme of reconstruction of UKML, consisting of the winding-up of UKML, the transfer of UKML’s…
Midwich Group agrees to acquire Nimans Limited for £27.5mn
LONDON, UK: Midwich Group (AIM: MIDW), a global specialist audio visual distributor to the trade market,t has entered a binding agreement to acquire Nimans Limited and its subsidiaries from Nycomm Holdings Limited. The aggregate consideration of £27.5 million will be paid in cash. The initial consideration of £16.5 million payable upon completion of the acquisition…
Technip Energies acquires a 16.3% stake in X1 Wind
PARIS, FRANCE: Technip Energies (PARIS:TE) has acquired a 16.3% stake in X1 Wind, a renewable energy startup that has designed an innovative and disruptive offshore wind turbine floater with major environmental and operational benefits. Technip Energies is the lead investor in this funding round, which also counts with the participation of the European Commission-owned European…
Vattenfall and Seagust join forces in Norwegian offshore wind bid
OSLO, NORWAY: Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market. The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North…
Aker Solutions to acquire electrical power systems consultant Unitech
OSLO, NORWAY: Aker Solutions has agreed to acquire Unitech Power Systems, a leading electrical power systems consultant. The all-cash transaction is expected to be completed during the first quarter of 2022, at an undisclosed value. The acquisition is an important step towards Aker Solutions creating an engineering consultancy business driving the energy transition. Kjetel Digre,…
Embron CEO Trond K. Johannessen will join Pexip Holdings in May 2022
OSLO, NORWAY: Board of Directors of Pexip Holding ASA announced the appointment of Trond K. Johannessen, currently the CEO of Embron Group, a global IT and technology corporation, as Chief Executive Officer (CEO), following an extensive international search process. Johannessen will join Pexip in May 2022. Øystein Hem, who is currently Interim CEO and CFO,…