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.
NEW YORK: Global Tech Industries Group (GTII) has executed a Letter of Intent to acquire Gold Transactions International (GTI), a Utah corporation. The expected closing date of the final, binding acquisition agreement, defining the terms of the acquisition of GTI by GTII, including an assessment its assets and operations going forward, is anticipated to be…
STOCKHOLM: Dometic Group AB has entered into an agreement to acquire Twin Eagles, a leading US manufacturer of freestanding and built-in grills and outdoor kitchen solutions for the residential outdoor market, a news release said. The acquisition strengthens Dometic’s offering in the fast-growing residential outdoor area in North America. Twin Eagles is a North American…
OSLO: Aker ASA announced that its wholly owned subsidiary, Aker Horizons AS has agreed to acquire 75 percent of Mainstream Renewable Power, a leading independent renewable energy company within onshore and offshore wind and solar. The Transaction values the current equity of Mainstream at EUR 900 million on a 100 percent basis and gives Aker…
TORONTO: Organic Garage Ltd. has entered into a binding letter of intent (LOI) to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp. (FoC), a news release said FoC is a Toronto, Ontario based organic, vegan premium plant-based company in the business of developing, manufacturing and marketing plant-based cheeses…
HOUSTON: Idera Inc., parent company of global B2B software productivity brands, announced the acquisition of apilayer Data Products GmbH, a leading provider of off-the-shelf, cloud-based API products. apilayer will join Idera’s Developer Tools business unit that includes Embarcadero, LANSA, Sencha, Whole Tomato, Froala and FusionCharts. apilayer is the leading provider of off-the-shelf, cloud-based API products…
STOCKHOLM: Media and Games Invest (MGI) entered into an agreement with the shareholders of KingsIsle Entertainment Inc. to acquire 100 percent of the shares of KingsIsle, a news release said. KingsIsle, based in Austin, Texas, is a leading game developer and publisher. The fully owned Massive-Multiplayer-Games Wizard101 and Pirate101 are having very loyal communities and…
VANCOUVER: The Very Good Food Company (VERY) has signed a non-binding letter of intent for the acquisition of all the shares of The Cultured Nut Inc., a popular plant-based cheese company located in Victoria, British Columbia, a news release said, The Cultured Nut has current distribution in several online and grocery retailers including SPUD.ca and…
DANBURY: BlueCrest, an industry-leading global technology provider, announced the acquisition of BCC Software, a leader in postal and presort software solutions in North America for over 40 years. BCC Software will become BCC Software, a BlueCrest Company. In August 2019, BlueCrest and BCC Software announced a partnership to offer best-in-class postal optimization and mail tracking…
LONDON: Grafton Group plc has agreed to acquire Proline Architectural Hardware, a leading distributor of architectural ironmongery products for doors from a single location in Dublin. Completion of this acquisition is subject to approval by the Competition and Consumer Protection Commission in Ireland. Proline reported revenue of €10.8 million (£9.8 million) in 2019. Proline specialises…
LONDON: Serco Group plc, the international provider of services to governments, through its Australian subsidiary, Serco Group Pty Limited, has reached agreement to acquire Facilities First Australia Holdings Pty Limited (FFA). The business is to be acquired for an enterprise value of A$76.5m (£43m), subject to standard net working capital adjustments, with the consideration to…
LONDON: Polar Capital Holdings plc has reached an agreement to acquire 100% of the issued share capital of Dalton Capital (Holdings) Limited, the parent company of Dalton Strategic Partnership LLP, a UK based boutique asset manager with Assets under Management (AuM) of £1.24bn as at 15 December 2020, from its shareholders. This AuM figure excludes…
MUNICH: Mutares SE & Co. and Primetals Technologies Ltd. have entered into exclusive discussions for the acquisition of Primetals Technologies France, which has its production site in Savigneux, France, employing around 300 employees. The goal is to complete the transaction by the end of February 2021, once all necessary consents are obtained and consultations completed,…