SYDNEY, AUSTRALIA: Ridley Corporation announced that its wholly owned subsidiaries CSF Australia Subsidiary and CSF Protein NZ Limited have entered into an agreement to acquire Oceania Meat Processors NZ LP for NZ$57.0 million. Oceania Meat Processors (OMP) is a premium producer of mechanically deboned meat frozen block products (MDM Products) and other raw materials for…
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
HeadFirst Global B.V. offers to acquire Impellam Group plc in a £483.2 million deal
LONDON, UK: Heather Global plc, a subsidiary of HeadFirst Global B.V., and Impellam Group plc have reached agreement on the terms of a recommended offer to which Heather Global will acquire the entire issued and to be issued share capital of Impellam Group. The cash consideration of 557.2 pence, the Loan Note Consideration of 392.8…
Foley Products Company acquires Coastal Precast of Florida
Foley Products Company, LLC, a leading manufacturer of concrete pipe and precast products, announced on December 8, 2023, that it has acquired Coastal Precast of Florida, Inc., a producer of sewer pipe and precast concrete products in Fort Myers, FL. The acquisition will enable Foley to offer a full range of storm, sanitary, retention, and…
Asbury Automotive acquires Jim Koons Automotive for $1.2 billion
Asbury Automotive Group, Inc., one of the U.S.’ largest automotive retail and service companies, has acquired Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S., for approximately $1.2 billion. The deal, which was completed on Tuesday, adds 20 dealerships, 29 franchises, six collision centers and one of the highest volume Toyota…
TEAM plc has acquired Neba Wealth and Neba Singapore
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Neba Wealth and Neba Singapore from the 100% shareholder, John Beverley. Neba Financial Solutions Limited (Neba Wealth) is a Labuan, Malaysia regulated network of financial advisers operating in Asian, South and Central…
Begbies Traynor Group has acquired SDL Property Auctions
LONDON, UK: Begbies Traynor Group has completed the acquisition of SDL Auctions Limited, which trades as SDL Property Auctions (SDL). SDL will integrate with Eddisons, the group’s property advisory and transactional services division. SDL is a national firm of property auctioneers, headquartered in Nottingham and employing 46 staff who will all join the group following…
4DMedical signs deal to acquire Imbio for an initial $25 million
MELBOURNE, AUSTRALIA: Respiratory imaging technology company 4DMedical Limited has signed a binding agreement for the acquisition of Imbio, a U.S.-based medical technology company that uses artificial intelligence (AI) to turn standard-of-care CT scans into personalised medicine for transforming the way patients are diagnosed, treated, and managed. Imbio will be acquired for an upfront purchase price…
Honeywell to buy Carrier’s security unit for $4.95 billion
Honeywell, a U.S. industrial giant, announced on Friday that it would acquire the security unit of Carrier, a leading air conditioner maker, for $4.95 billion in cash. The deal, which is the largest for Honeywell’s new CEO Vimal Kapur, will expand its building safety business and give it access to popular security brands such as…
Permira Funds agrees to acquire GGW Group, a European insurance brokerage platform
FRANKFURT, GERMANY: Permira, the global private equity firm, announced that a company backed by the Permira funds has agreed to acquire GGW Group. GGW Group is one of the leading European insurance brokerage platforms for small and medium-sized enterprises (Mittelstand) currently owned by Hg, a leading investor in European and transatlantic software and services businesses….
Roche signs deal to acquire Schroders’s Carmot Therapeutics for upto $3.1 billion
LONDON, UK: Schroders Capital’s portfolio company Carmot Therapeutics Inc. has entered into a definitive agreement to be acquired by Roche, a global pharmaceutical company, at a purchase price of $2.7 billion upfront and the potential for $400 million in milestone payments, a bourse filing noted. The agreement is expected to close in the first quarter…
KKR offers to acquire Smart Metering Systems plc for £1.3 billion
LONDON, UK: Kohlberg Kravis Roberts & Co. L.P. (KKR), through a newly formed Sienna Bidco, reached agreement on the terms of a recommended all cash acquisition of Smart Metering Systems plc (SMS) at the rate of 955 pence in cash per share valuing SMS at £1.3 billion on a fully diluted basis, and this implies…
Woodings Industrial acquires Superior Machine Company, expands melt shop capabilities
PITTSBURGH: Woodings Industrial Corporation and affiliated companies have announced the acquisition of Superior Machine Company of South Carolina, Inc., a leading provider of electric arc furnace and continuous casting equipment and services. The acquisition will strengthen Woodings Industrial’s position in the North American market for melt shop engineering, design, maintenance, and repair. Superior Machine, founded…