OSLO: BEWI ASA has acquired 51 percent of the Danish paper packaging company Honeycomb Cellpack A/S, a news release said. Honeycomb provides protective packaging solutions, including design, development and manufacturing of sustainable packaging which is both recyclable and biodegradable. “Through this acquisition, we are broadening our product offering within protective packaging, in line with our…
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.
Dev Clever to acquire Veative Labs Pte Ltd for approximately £54.75 million
LONDON: Dev Clever Holdings has entered into a comprehensive agreement to acquire entire shareholding of Veative Labs Pte Ltd (VLPL), a wholly owned Indian subsidiary of Veative. The consideration for the acquisition of Veative Labs Pte Ltd (VLPL) is to be settled through the issuance of 150 million new ordinary shares in the Company. Based…
Croda International’s Iberchem to acquire Parfex S.A. for €45 million
LONDON: Croda International Plc announced that its fragrances and flavours subsidiary, Iberchem, has agreed to acquire Parfex S.A., a fine fragrance business based in Grasse, France, for a total enterprise value of €45 million. Established in 1985 and now employing 75 people, Parfex creates fragrances principally for premium personal care and fine perfumery markets, leveraging…
The GO2 People Ltd to acquire employment services provider, Skill Hire Australia
SYDNEY: The GO2 People Ltd has entered into a Share Purchase Agreement to acquire all of the shares in leading WA-based Employment Services provider Skill Hire Australia Pty Ltd. The transaction aligns with the Company’s previously stated strategic plan to add high quality businesses to its portfolio under the GO2 umbrella, and its continued focus…
Mill Point Capital’s affiliate acquires Reel Telecommunications
DEERFIELD BEACH: Reel Telecommunications, a communications construction services firm, has been acquired by Full Circle Fiber Partners, an affiliate of Mill Point Capital. Reel will continue to operate independently under its new name, Reel Broadband LLC. Reel is a fast-growing business that will continue to expand its leadership in telecommunications infrastructure services within the Full…
IM Cannabis Corp. to acquire MYM Nutraceuticals Inc. in a share exchange deal
TORONTO: IM Cannabis Corp. has entered into a definitive agreement to acquire MYM Nutraceuticals Inc. and its licensed producer subsidiary Highland Grow Inc. Under the terms of the transaction, the shareholders of MYM will receive 0.022 common shares of IMC for each common share of MYM. Based on the 20-day volume-weighted average price (VWAP) of…
Macfarlane Group acquires Carters Packaging in Cornwall for £4.5 million
LONDON: Macfarlane Group announced the acquisition of Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited, for a maximum cash consideration of £4.5 million. Carters is a well-established business, based in Redruth, Cornwall, and is the leading distributor of protective packaging in the South-West of England. The acquisition is in line with Macfarlane’s declared…
Altona Rare Earths to acquire 70% interest in Leadway Group
LONDON: Altona Rare Earths has signed an Option Deed to acquire a 70% legal and beneficial interest in Leadway Group Ltd, a Ugandan registered company, which is the owner of the Nankoma Rare Earths Project in Uganda. The Nankoma Project is held under Exploration Licence EL00115 and covers an area of 67.5 km2 and is…
MasMovil launches tender offer to acquire Euskaltel S.A. for €11.17 per share
LONDON: Zegona Communications plc announced that a wholly-owned subsidiary of MasMovil Ibercom, has launched a tender offer to acquire its 100% of Euskaltel S.A. for €11.17 per share in cash. Euskaltel is Zegona’s Spanish telecoms investment and its main asset. Zegona is the lead shareholder in Euskaltel, owning 21.4% of the company (38.3 million shares)….
Renew Holdings to acquire J Browne Group Holdings for £29.5 million
LONDON: Renew Holdings has agreed to acquire the entire issued share capital of J Browne Group Holdings Limited for a cash consideration of £29.5 million, a news release said. J Browne is a water focused engineering services business based in Enfield, North London, operating throughout the South of England for Thames Water, Southern Water, Affinity…
Saga Pure to acquire 33% stake in IC Technologies
OSLO: Saga Pure ASA has committed to subscribe for NOK 30 million in a private placement of new shares in IC Technologies AS (ICT), which is developing a novel storage solution for liquid hydrogen and LNG. “One of the crucial elements in the hydrogen value chain is storage, distribution and transportation. Liquid hydrogen is the…
Apax X Fund to acquire majority stake in Rodenstock Group
LONDON: Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake in Rodenstock Group, a leading manufacturer of premium ophthalmic lenses. The transaction is expected to close by Q3 2021, subject to applicable regulatory requirements, a news release said. On a…