PARIS, FRANCE: ID Logistics, one of the European leaders in contract logistics, announced the acquisition of 100% of GVT Transport & Logistics. The transaction is based on a purchase price with an enterprise value of €80 million and will be…
SYDNEY, AUSTRALIA: Nitro Software Limited has entered into a binding agreement to acquire Connective NV for an enterprise value of €70 million, cementing Nitro’s position as a global eSign and document productivity SaaS platform. Connective NV is Belgium’s leading eSign…
SYDNEY, AUSTRALIA: Chairman of Codan Limited, David Simmons, announced that Alf Ianniello has been appointed Managing Director and Chief Executive Officer of Codan. Alf Ianniello will assume the role on 4 January 2022, replacing Donald McGurk, who will retire from…
OSLO, NORWAY: Otovo AS has resolved to launch an offer to acquire all the shares in European Distributed Energy Assets Holding AS (EDEA). The offer will be a share-for-share exchange offer, where eligible shareholders in EDEA will be offered 1.7…
AMSTERDAM: MPC Energy Solutions (MPCES) has entered the Mexican renewable energies market with the acquisition of Los Santos Solar I. The solar photovoltaic (PV) project, located in Ahumada, Chihuahua, in the North of Mexico, is fully operational since 2017 and…
LONDON, UK: Beximco Pharmaceuticals Limited announced the launch of the world’s first generic molnupiravir, an oral antiviral drug for symptomatic COVID-19 recently developed by Merck, Sharp & Dohme (MSD) and Ridgeback Biotherapeutics. The announcement comes following Emergency Use Authorisation by…
LONDON, UK: discoverIE Group announced the sale of Acal BFi, the Group’s electronic component distribution business for £50 million, a bourse filing said on Tuesday. The company has agreed to sell Acal BFi to H2 Equity Partners, for a total…
LONDON, UK: Ideagen PLC announced the acquisition of Compliance Technology Holdings (CompliSpace) for an upfront consideration of AUD $105 million (c. £57.7 million) plus a deferred conditional earnout payment of up to AUD $5 million (c. £2.7 million). Founded in…
LONDON, UK: The Apax IX Fund, in which AGA is a limited partner, has agreed to an offer from Viasat for the entire ordinary share capital of Inmarsat, a leading provider of global mobile satellite communications services. The Apax IX…
PARIS, FRANCE: Carrefour aims to triple its e-commerce GMV (Gross Merchandise Value) by 2026, to reach €10 billion, a news release said on Tuesday. Carrefour also expects that digital will contribute an additional €600 million to recurring operating income (ROI) in 2026 vs 2021. To this end, Carrefour…
OSLO, NORWAY: Tomra Systems has entered into an agreement for the sale of its 49 % stake in UltrePET LLC to Evergreen Recycling LLC. The sales price of $11 million is expected to generate a gain of $5 million and…
OSLO, NORWAY: David Wells, CEO of AqualisBraemar LOC ASA, has announced that he wishes to retire at year-end and step down as CEO of the group. The board of directors has appointed Wells’ co-founder and current COO of AqualisBraemar LOC,…