SYDNEY, AUSTRALIA: Lynch Group Holdings Limited has completed the acquisition of Queensland-based flower wholesaler company, Market Flowers Brisbane in Rocklea (MFB). Lynch Group is Australia and China’s leading vertically integrated wholesaler and grower of flowers and potted plants. Operating for…
SYDNEY, AUSTRALIA: Metcash Limited notified that Group CEO Jeff Adams has notified the Board of his intention to retire from the role and that Doug Jones, currently CEO and Senior Vice President of South African-based Massmart Wholesale, will succeed him….
HELSINKI, FINLAND: Valoe Oyj and ICON Advanced Co. Ltd, have agreed on establishing a joint venture company in Saudi Arabia. Valoe shall own 40 percent and ICON 60 percent of the joint venture company. The joint venture company is planning…
COPENHAGEN, DENMARK: Netcompany Group A/S has entered into an agreement with Intracom Technologies – ultimately owned by Athens listed Intracom S.A. Holdings, and certain management shareholders to acquire Intrasoft International S.A., a leading European IT solutions and services group with…
OSLO, NORWAY: Cloudberry Clean Energy ASA, a leading independent renewable power developer and producer in the Nordics, has recruited Charlotte Bergqvist to head a new business area dedicated to pursuing investment and development opportunities within shallow water wind energy in…
SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. announced the signing of a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. According to the agreement, Horisont Energi and Koole…
LONDON, UK: Royal Mail’s subsidiary, General Logistics Systems (GLS), has agreed to acquire Canadian logistics company Mid-Nite Sun Transportation Ltd, one of the largest independent freight carriers in Western Canada that operates as ‘Rosenau Transport’. The total consideration is C$360.0…
LONDON, UK: Volex plc, the global supplier of integrated manufacturing services and power products, has signed a share purchase agreement for the acquisition of the entire issued share capital of Prodamex SA de CV and Terminal & Cable TC Inc.,…
HIDD, KINGDOM OF BAHRAIN: SULB, a major steel producer serving international markets, inaugurated the newly constructed Wharf. The new private port facility, located at Salman Industrial City in Hidd, is set to significantly enhance the company’s supply chain and deliver…
PARIS, FRANCE: Air Liquide has announced the acquisition of Betamed S.A., a major home healthcare provider in Poland. Betamed specialises in the care of patients with severe pathologies, either at home or in its specialised clinic in Chorzów in Silesia….
JERSEY, CHANNEL ISLANDS: Serinus Energy plc has incorporated a new gas trading subsidiary, Serinus Energy Romania Trading S.r.l. The gas trading subsidiary will initially trade the company’s Romanian gas production not committed under its marketing agreement with Vitol into the…
LONDON, UK: Marlowe plc has acquired water treatment and compliance services provider Sterling Hydrotech Holdings Limited for an enterprise value of £1.75 million. Founded in 1988, Sterling Hydrotech is based in Derbyshire and employs approximately 40 staff. The acquisition provides…