LONDON, UK: International Public Partnerships Limited (INPP) has agreed to acquire a small portfolio of UK PPP investments comprising initially interests in Townlands Community Hospital in Henley, Eltham Community Hospital and minority interests in the Building Schools for the Future (BSF) projects STaG 1 and 2 (‘STaG’). The interests will be acquired from an affiliate…
Arxada AG acquires Enviro Tech Chemical Services
BASEL, SWITZERLAND: Arxada AG has completed the acquisition of Enviro Tech Chemical Services, effective 22 December 2021. Financial details of the deal have not been disclosed. Enviro Tech Chemical Services is a category-leading manufacturer of proprietary and high-efficacy antimicrobial and biocidal products. The acquisition represents the second strategic deal by Arxada, formerly known as Lonza…
Flutter Entertainment acquires Italy’s online gaming operator Sisal
LONDON, UK: Flutter Entertainment announced the acquisition of Sisal, Italy’s leading online gaming operator, from CVC Capital Partners Fund VI for a consideration of €1.913bn (£1.62bn). This acquisition fully aligns with the Group’s strategy of investing to build leadership positions in regulated markets globally. The transaction is likely to complete during Q2 2022 and is…
Uniphar acquires E4H, Devonshire Healthcare and Navi Group
DUBLIN: Uniphar plc announced the acquisitions of UK-based brand commercialisation and pharmaceutical marketing agency, E4H, UK-based pharmaceutical distributor Devonshire Healthcare Services and Irish-headquartered pharmacy services group, Navi Group. E4H offers a wide range of digital and communications solutions to the pharmaceutical industry, including brand and strategy commercialisation, digital development, omnichannel delivery, engagement and data analysis….
XPS Pensions acquires Manchester based MJFCA for £3.75mn
LONDON, UK: XPS Pensions Group has agreed to acquire the business and certain assets of Michael J Field Consulting Actuaries (MJFCA), a SIPP and SSAS provider for a total consideration of up to £3.75 million, comprising of up to £2.25 million upon completion and contingent consideration of up to £1.5 million. The Acquisition is being…
Inspecs acquires Ego Eyewear for £6.175mn
LONDON, UK: Inspecs Group plc has acquired 100% of Ego Eyewear Limited and its operating subsidiaries in Sweden and Hong Kong for an initial consideration of £6.175m and a deferred consideration partly based on performance over the next 3 years. Ego is expected to have revenue of £8.9m for the year to 31 December 2021…
Xero Limited to buy Calgary based TaxCycle for CAD 75mn
WELLINGTON: Xero Limited (ASX: XRO) is acquiring TaxCycle (Trilogy Software Inc) to support Xero’s strategy for growth in this strategically important market. Total consideration for the purchase of TaxCycle and subsequent employee incentive payments will be CA$75 million. On completion, which is expected to take place by 31 December 2021, consideration for TaxCycle of CA$70…
IMCD N.V. signs agreement to acquire POLYchem
ROTTERDAM: IMCD N.V. has signed an agreement to acquire 100% of the shares of Polychem Handelsges.m.b.H. (POLYchem), Established in 1978, POLYchem started trading raw materials, machinery, and additives for the GRP industry. Their diverse product offering and expanded coverage across Southeast Europe has made them a distribution partner to leading speciality chemical manufacturers in the…
BikeExchange acquires US-based Kitzuma for $3.37mn
SYDNEY, AUSTRALIA: BikeExchange Limited (ASX:BEX) has acquired 100% of the US-based ‘Ready to Ride’ bike delivery and logistics business, Kitzuma, for US$3.375 million. The acquisition is aligned with BikeExchange’s overall e-Commerce first strategy and pursuing M&A opportunities which enhance the customer journey for purchasing everything bike. The acquisition of Kitzuma provides a key and unique…
WAM Capital and Westoz Investment set to merge
SYDNEY, AUSTRALIA: WAM Capital Limited (ASX: WAM) and Westoz Investment Company (ASX: WIC) have entered into a Scheme Implementation Agreement to merge the two entities. Under the Proposed Transaction, WAM Capital will acquire 100% of the shares in Westoz that it does not currently own through a scheme of arrangement (Scheme). Under the Scheme, Westoz…
Lisa Wade appointed CEO of DigitalX Limited
SYDNEY, AUSTRALIA: DigitalX Limited (ASX: DCC) has appointed highly experienced finance industry executive Lisa Wade as Chief Executive Officer. Lisa Wade has nearly 30 years of finance and financial markets experience working in organisations such as Citigroup, Bendigo Bank and most recently as Head of Digital Innovation and Sustainability at National Australia Bank (NAB). She…
The Reasons Why It Is Important To Trademark The Name of Your Business
A trademark is a word, phrase, symbol, or design that identifies and distinguishes the source of goods from those manufactured by others. A trademark may signify regional affiliation, sponsorship, or endorsement. The purpose of a trademark is to prevent confusion as to the source of goods and services. By identifying one’s goods as originating from…