LONDON: Vp plc, the specialist equipment rental business, today announced the acquisition of a majority interest in Charleville Hire and Platform Ltd (CPH). CPH is one of Ireland’s leading, specialist powered access companies principally servicing the growing pharma, renewables, technology and food ingredient sectors. It is a family owned and run business with a strong…
Top FinTech Fraud Prevention Services for Securing Digital Financial Systems
The rapid growth of digital financial systems has made them prime targets for fraud, which underscores the critical need for advanced fraud prevention solutions. The fraud detection and prevention (FDP) market, valued at approximately $19.5 billion in 2017, which surged to over $63 billion by 2023, reflects the escalating demand for security measures. Top FinTech…
Sustainability in packaging: why glass is an eco-friendly alternative to plastic
The world is facing a massive challenge when it comes to reducing plastic waste. Every year, millions of tons of plastic end up in our oceans and landfills, which is not only harmful to the environment but also to the health of humans and animals. In this context, glass is increasingly being seen as a…
Green Lithium and Rio Tinto to develop lithium supply chain commercial partnership
LONDON: Green Lithium, the UK-based, low-carbon lithium refinery developer, has today announced the signing of a memorandum of understanding to develop a lithium supply chain commercial partnership with Rio Tinto, the global metals processing and mining company. This agreement marks another step for both parties as they look to play a crucial role across the…
Tavistock selling subsidiary businesses to The Saltus Partnership for up to £37.75 million
LONDON: The Board of Tavistock Investments has confirmed an agreement to sell two of its subsidiary businesses, Tavistock Partners Limited (TPL) and Tavistock Estate Planning Services Limited (TEPS), to The Saltus Partnership Holdings LLP (Saltus) for up to £37.75 million. Tavistock will sell 100% of the issued share capital of TPL and TEPS to Saltus…
Mpac Group to acquire Elstar International B.V. (CSi Palletising) for €56 million
LONDON: Mpac Group plc (AIM: MPAC) announced that its indirectly wholly owned subsidiary Mpac Bidco B.V., has entered into an acquisition agreement with the sellers to conditionally acquire the entire issued share capital of Elstar International B.V. a private limited liability company incorporated under the laws of the Netherlands that operates under the name CSi…
Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion
LONDON: Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion Partners Group, the Investment Manager of Partners Group Private Equity (PGPE), has agreed to sell its majority stake in Techem, an international provider of digitally enabled solutions for the building ecosystem, to TPG and GIC, on behalf of its clients. The…
Vestis to sell 39% equity stake in Aramark Uniform Services Japan to Mitsui & Co.
Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced an agreement to sell its 39% equity stake in Aramark Uniform Services Japan Corporation (AUSJ) to majority owner Mitsui & Co., Ltd. for approximately $37 million. The company will use the proceeds from the transaction toward debt repayment. AUSJ, a uniform rental…
Pakistan lifts minimum export price on rice amid global market shifts
Pakistan has removed the minimum export price (MEP) on all rice varieties. This decision follows India’s recent move to lift its MEP on rice, signaling a potential shift in the global rice market dynamics. The removal of the MEP is expected to sustain the volumetric growth of Pakistan’s rice exports into FY25, although earnings from…
Versarien plc to sell wholly owned subsidiary, AAC Cyroma Limited to Harper Bennett Limited
LONDON: Versarien plc, the advanced materials engineering group, has completed a binding agreement for the sale of the company’s wholly owned subsidiary, AAC Cyroma Limited to Harper Bennett Limited for a total consideration of £550,000, subject to any adjustments arising from completion accounts. The consideration of £550,000 is payable in cash, in 16 equal quarterly…
Anpario Plc has acquired Bio-Vet Inc. for $7.3 million
LONDON: Anpario Plc (AIM: ANP), the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, has completed the acquisition of Bio-Vet Inc., including the land and buildings at its production facility in Barneveld, Wisconsin, United States for a total net cash consideration of up to US$7.3m. Bio-Vet is a leading producer…
Luceco plc has acquired CMD Limited for £30 million
LONDON: Luceco plc, the supplier of wiring accessories, EV chargers, LED lighting, and portable power products, has acquired CMD Limited (CMD), the market-leading manufacturer of wiring accessories for the workplace, through the acquisition of its ultimate parent company, Baltic Topco Limited, from Rubicon Partners and management for cash consideration of £30.0m, on a cash and…