AMSTERDAM: Unibail-Rodamco-Westfield (URW) announced an agreement for the sale of Solna Centrum, in Stockholm, for an agreed total acquisition cost of SEK 2.8 billion (c. €272 Mn), which represents a premium to the last appraised value. The purchaser is Alecta Fastigheter, a wholly owned subsidiary of the major Swedish pension fund Alecta, and the transaction…
Alexander Woxen appointed CEO of Huddly AS
OSLO, NORWAY: Alexander Woxen has been appointed CEO of Huddly AS and will start in his new position on February 1, 2022. Alexander Woxen will work alongside Co-founder Stein Ove Eriksen and Chairman Graham Williams to accelerate the scaling of the company and drive value creation. With increased capacity and focus, Eriksen will continue working…
Chill Brands partners with U.S. Major Arena Soccer League
LONDON, UK: Chill Brands, the international consumer packaged goods company, has partnered with the U.S. Major Arena Soccer League (MASL), to offer the Company’s CBD products to the league and member teams. The partners will also create the Chill Athlete’s Lab which is designed to explore and implement the use of CBD to help athletes…
Marlowe has acquired Skill Boosters for £8.0mn
LONDON, UK: Marlowe plc has acquired Skill Boosters, incorporated as Inclusive Learning Limited (Skill Boosters), a leading equality, diversity and inclusion eLearning provider, for an initial consideration of £5.5m with a growth-based contingent consideration expected to be c.£2.5m. Skill Boosters, established in 1999, is based in Kent and provides equality, diversity, workplace behaviour and compliance…
NetScientific acquires 75% stake in Cetromed Limited
LONDON, UK: NetScientific plc (LON: NSCI) has acquired 75% of the issued share capital of Cetromed Limited, a life sciences holding company with several portfolio companies spun out of the University of Leuven, Belgium. The acquisition of the majority stake in Cetromed will result in further internationalisation of NetScientific’s portfolio and exposure to a key…
Rolls-Royce, Qatar Investment Authority agree to invest in nuclear power business
LONDON, UK: Rolls-Royce Group has reached agreement with Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, to invest GBP 85 million in Rolls-Royce SMR Limited (Rolls-Royce SMR). Rolls-Royce SMR is building a new technology solution to deliver affordable, low carbon, nuclear power. A single power station will occupy around one…
Sopheon has acquired business and assets of ROI Blueprints
LONDON, UK: Sopheon Plc has acquired the business and assets of ROI Blueprints LLC (ROIB), a cloud-based solution focused on detailed enterprise planning and execution. The Group is also providing a trading update for the current year ending 31 December 2021. The transaction is structured as an asset purchase. Initial consideration of US$1.5m is payable…
Voyager acquires Cannafull and Ascend Skincare
LONDON, UK: Voyager, the health and wellness company, has acquired the brands and assets of Cannafull, a specialist manufacturer of CBD skincare and face serum products. Based in Perth, Scotland, Cannafull has manufactured an extensive range of CBD skincare products for 17 customers over the past two years, several of whom are high profile and…
Pioneer Media acquires Singapore based Roundhouse Media
VANCOUVER, BC: Pioneer Media Holdings has completed the acquisition of Roundhouse Media Pte Ltd, a media studio based in Singapore, developing and publishing popular NFT (or non-fungible token) games. Roundhouse’s current focus is “Stonks: Tycoon,” which will be a “play to earn” NFT game, where users can generate an income stream through playing and are…
Icade Santé buys three new nursing home properties in Germany
PARIS, FRANCE: Icade Santé has signed preliminary agreements with ORPEA, a global leader in long-term care, to acquire three new nursing home properties in Germany for around €57m (including duties). The portfolio includes three outstanding assets that meet the highest standards and a total of 254 nursing home beds and 95 assisted-living apartments for an aggregate…
OFX Group agrees to buy Firma Foreign Exchange for CAD 90 million
SYDNEY, AUSTRALIA: OFX Group Limited has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation for a total consideration of C$90 million (A$98 million). Based in Edmonton, Canada and founded in 1998, Firma Foreign Exchange is a global foreign exchange service provider servicing corporate clients. As at 30 September 2021, Firma had…
Euro Manganese Inc. appoints Dr. Matthew James as CEO
VANCOUVER, BRITISH COLUMBIA: Euro Manganese Inc. has appointed Dr. Matthew James as Chief Executive Officer effective December 20, 2021. Dr. James’ appointment is the result of a robust process, assisted by the global executive search firm Korn Ferry. Dr. Matthew James is a highly experienced corporate executive in both established global industrials and small growth…