LONDON, UK: Green Lithium has appointed Dominic Kieran as Chair of the board. The appointment comes as Green Lithium raises capital in a series A funding round to support development phase activity, which will be followed by a construction project finance funding round. The company’s initial private funding round was four-times oversubscribed. Dominic Kieran is an experienced…
Hikma Launches New 503B Sterile Compounding Business
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, announced the launch of Hikma 503B – a new outsourced sterile compounding business focused on providing high quality, ready-to-administer injectable medications that are customized to the specific needs of patients in the United States. Sterile compounding – the process of combining, mixing, or altering ingredients to create…
Frenkel Topping acquires Cardinal Management Limited for £10mn
LONDON, UK: Frenkel Topping has acquired the entire issued share capital of Cardinal Management Limited. The total maximum possible consideration for the acquisition is £10.0 million in cash, of which an initial £5.0m (which is subject to adjustment following a completion accounts process) will be paid on completion. The additional consideration of up to £5.0m…
Begbies Traynor Group buys Daniells Harrison Surveyors for £2.0mn
LONDON, UK: Begbies Traynor Group has completed the acquisition of Daniells Harrison Surveyors LLP. The acquisition is for consideration of £2.0m based on current levels of financial performance, on a cash free, debt free basis. Daniells Harrison is a firm of chartered surveyors employing 27 staff who will integrate with Eddisons, the group’s property advisory…
Taylor Maritime completes sale of one Handysize vessel
LONDON, UK: Taylor Maritime Investments Limited, the specialist dry bulk shipping company, completed the sale of one of the two vessels committed for sale as announced on 13 December 2021. The vessel is a Chinese built, Handysize vessel (38k dwt) which comprised part of the IPO seed portfolio. The sale of the second vessel is…
Neoen and Prokon sign 30MW wind energy PPA with Equinix in Finland
PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, announced the signing at the end of December 2021 of a new power purchase agreement (PPA) for at least 30 MW of green energy in Finland. The PPA was awarded as a result of the competitive tender run by Equinix, a world…
Eco Atlantic signs MoU to acquire Azinam Group with all offshore assets
LONDON, UK: Eco Atlantic Oil & Gas has signed a Memorandum of Understanding (MOU) to acquire 100% of Azinam Group Limited including Azinam’s entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition. Azinam Group is a wholly owned subsidiary of Azinam Holdings Limited (“Vendor”),…
TT Electronics buys Power and Control business of Ferranti P&C
LONDON, UK: TT Electronics, a global provider of engineered electronics for performance critical applications, has acquired the Power and Control business of Ferranti P&C, from Elbit System UK Ltd for £9.0 million in cash. Ferranti P&C, based in Greater Manchester, designs and manufactures mission-critical complex power and control sub-assemblies for blue chip customers in high-reliability…
SuperSeed Capital plans listing on AQSE Growth Market
LONDON, UK: SuperSeed Capital Limited expressed intention to list its ordinary shares to trading on the Access Segment of the Aquis Stock Exchange Growth Market (AQSE Growth Market). Admission is targeted for January 2022. SuperSeed Capital will be a feeder fund, investing as a limited partner of SuperSeed Ventures second fund, SuperSeed II LP (“Fund…
Gateley Holdings acquires Adamson Jones Holdings for £2.5mn
LONDON, UK: Gateley Holdings, the legal and professional services group, has acquired Adamson Jones Holdings Limited for a total consideration of £2.5 million. Under the terms of the Acquisition agreement, Gateley will pay consideration of £2.5 million, which will be paid in full on completion, will be satisfied as to 50% in cash and as to 50% by…
Longevity biotechnology firm, Genflow Biosciences announces IPO on LSE
LONDON, UK: Genflow Biosciences, a UK-based biotechnology company focused on longevity and the development of therapies to counteract the effects of aging and diseases associated with advanced age, has announced intention to seek a listing of its ordinary shares to the Standard Listing segment of the London Stock Exchange. The company will become the first…
Kiet Huynh appointed CEO of Rotork plc
LONDON, UK: Rotork plc announced the appointment of Kiet Huynh as Chief Executive Officer (CEO). Kiet is currently Managing Director of the Group’s Water & Power and Chemical, Process & Industrial (CPI) divisions. He joins the Rotork Board and assumes the role of CEO with immediate effect. In August 2021, the Company announced that Kevin…