LONDON, UK: Applied Graphene Materials (LSE: AGM), the producer of specialty graphene nanoplatelet dispersions, has signed an exclusive distribution agreement with Rayoung Chemtech Inc. (Headquarters, Taipei, Taiwan). The partnership will extend AGM’s commercial reach directly into the region’s liquid resins, coatings, composites and polymers sectors. Founded in 2008, Rayoung Chemtech Inc. has always been committed…
Atea Denmark acquires KMD’s hardware and software business
OSLO, NORWAY: Atea Denmark has entered an agreement to acquire KMD’s hardware and infrastructure software business. The acquired business sells hardware and standard software to customers primarily in the Danish market. The business has 24 employees across three office locations in Denmark. KMD’s hardware and software business portfolio has three-digit million in sales and is…
Gresham House acquires Ireland-based Burlington Real Estate
LONDON, UK: Gresham House (AIM: GHE) has acquired Burlington RE Property Management Limited (Burlington Real Estate), one of Ireland’s premier independent commercial property asset and development management companies, for an initial consideration of €1.8 million. Based in Dublin, Republic of Ireland, Burlington Real Estate was established in 2012 by John Bruder and Niall Kavanagh, who…
PCI-PAL forms strategic partnership driving open banking operations
LONDON, UK: PCI-PAL Plc (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, to announced a partnership with TrueLayer, the international fintech provider of open banking solutions. Over time the partnership will see PCI Pal make a range of open banking services available to its partner ecosystem and direct customer-base. Through…
Jason Oakley, CEO of Recognise Bank resigns
LONDON, UK: City Of London Group announced the departure of Jason Oakley, Chief Executive Officer of Recognise Bank Limited, company’s principal operating subsidiary. Jason was Co-Founder of Recognise Bank, alongside Deputy CEO, Bryce Glover. Bryce has been appointed interim CEO with immediate effect, while the Board begins the process of selecting a new CEO. The…
Redcentric acquires security consultant, 7 Elements
LONDON, UK: Redcentric plc announced the acquisition of the entire issued share capital of 7 Elements Limited, an industry leading provider of security testing, incident response management and bespoke security consultancy services. Under the terms of the agreement in relation to the acquisition, £1.95m initial consideration was paid in cash on completion, with a further…
Solvay to split into two independent publicly traded companies
BRUSSELS, BELGIUM: Solvay,a Belgian multinational chemical company, is reviewing plans to separate the company into two independent publicly traded companies to unlock value. EssentialCo would comprise leading mono-technology businesses including Soda Ash, Peroxides, Silica and Coatis, which are reported as the Company’s Chemicals segment, as well as the Special Chem business. These businesses generated approximately…
Semiconductor industry veteran Kenneth Hurley appointed CEO & MD of 4DS Memory
SYDNEY, AUSTRALIA: 4DS Memory Limited (ASX: 4DS) (4DS) announced the appointment of Mr Kenneth Hurley as the company’s new Chief Executive Officer and Managing Director. Kenneth Hurley is a 40+ year veteran of the semiconductor industry with key executive roles at Hitachi America Semiconductor and Nanya Technology Corporation Inc, a major Taiwanese maker of dynamic…
Ramón Jiménez Serrano appointed CEO of Extremadura New Energies
SYDNEY, AUSTRALIA: Infinity Lithium Corporation announced the appointment of highly experienced Spanish executive Mr Ramón Jiménez Serrano as CEO of the company’s wholly owned Spanish subsidiary Extremadura New Energies. Ramón brings a wealth of experience in leadership and management in the industrial and services sectors, with CEO and Managing Director roles leading major Spanish companies….
RAK Ceramics signs deal to acquire Germany based KLUDI Group
ABU DHABI, UAE: RAK Ceramics announced the signing of a Share Purchase Agreement for the acquisition of 100% stake in KLUDI Group. KLUDI Group includes KLUDI GmbH & Co KG, Scheffer Beteiligungs GmbH, KLUDI Armaturen GmbH & Co KG, KLUDI Armaturen GmbH, Austria, KLUDI Management GmbH and KLUDi RAK, UAE. KLUDI Group is an established…
WT Financial to acquire Australia’s financial adviser group, Synchron
SYDNEY, AUSTRALIA: WT Financial Group Limited (ASX: WTL) has entered a Sale and Purchase Agreement to acquire 100% of the issued capital of Australia’s largest privately-owned financial adviser group, Synchronised Business Services (Synchron). The total vendor consideration for the acquisition is up to $7.96 million, payable over two-years in a combination of cash and shares,…
Oman Insurance reports highest net profit in last 7 years
DUBAI, UAE: Oman Insurance released its 2021 Integrated Report yesterday which includes full-year financial results along with Environmental, Social and Corporate Governance reports. The report re-emphasizes the strong financial results for 2021. The company reported a net profit of AED 206.1 million which is a growth of 5% compared to the prior year. This result…