Virtusa Corporation, a global provider of digital strategy services and solutions announced the acquisition of ITMAGINATION Sp. z o.o., a leading technology consulting firm headquartered in Warsaw, Poland. This strategic move reflects Virtusa’s commitment to enhancing its digital transformation offerings and expanding its nearshore delivery capabilities. Founded in 2008, ITMAGINATION has established itself as a…
Once For All, a prominent provider of supply chain compliance and sustainable sourcing solutions, has acquired Nalanda Global, a top Spanish software platform specializing in supply chain risk and compliance management. This acquisition marks a significant expansion for Once For All into the Spanish market and is set to enhance its technology platform with a…
Farmers Mutual Hail Insurance Company of Iowa (FMH) has acquired Global Ag Insurance Services from commercial and specialty insurer AXA XL. Global Ag is a leading crop insurance provider headquartered in the western U.S. that offers crop insurance solutions through the USDA multi-peril crop insurance program as well as specialty private and named peril products…
gWorks, a leading software provider for local governments and public agencies, has announced the acquisition of Freedom Systems, a Pennsylvania-based software firm with a longstanding reputation in the industry. Effective March 27, 2024, the acquisition is a key component of gWorks’ growth strategy, marking its seventh acquisition in a decade and the fourth in the…
ISTANBUL: Arçelik, the parent company of consumer brand Beko, has completed the acquisition of Whirlpool’s operations in the Middle East and North Africa (MENA), marking a pivotal point in its expansion strategy. This acquisition sees Arçelik taking ownership of Whirlpool’s entities in the UAE and Morocco, as well as overseeing Whirlpool’s Major Domestic Appliance (MDA)…
LUXEMBOURG: Eurofins Scientific (EUFI.PA), a global leader in bioanalytical testing, has announced the successful acquisition of Ascend Clinical, LLC, the premier independent kidney dialysis laboratory in the United States. Ascend Clinical, known for its cutting-edge laboratory in Sunnyvale, California, and a dedicated team of 170 professionals, has been at the forefront of providing comprehensive testing…
LONDON, UK: AB Dynamics (AIM: ABDP) announced the acquisition of Venshure Test Services LLC (VTS). Venshure Test Services is a leading provider of dynamometer-based testing services to the automotive sector in the USA, particularly focussed on the development and deployment of electric vehicles (EV) for US based automotive OEMs. Headquartered in Chelsea, Michigan, VTS offers…
Resco Products, Inc., under Balmoral Funds LLC, is set to be acquired by Austria-based RHI Magnesita in a deal valued at up to $430 million. RHI Magnesita, a major player in the refractory product market and listed on the London Stock Exchange, aims to enhance its North American presence with this acquisition. “This transaction is…
LONDON, UK: Kitwave Group plc (AIM: KITW), the delivered wholesale business, has acquired the entire issued share capital of Total Foodservice Solutions Limited, a leading independent food wholesaler in the North of England. The total gross consideration payable for the acquisition is £21.0 million in cash and has been funded from the Group’s current banking…
SYDNEY , AUSTRALIA: 92 Energy Limited (ASX: 92E) has announced the successful completion of its acquisition by ATHA Energy Corp. (TSXV: SASK). The Federal Court of Australia has approved the arrangement, and the scheme is now legally effective, with all necessary documents lodged with the Australian Securities and Investments Commission. As a result of this…
ROTTERDAM: IMCD N.V., a leading distributor of speciality chemicals and ingredients, today announced that IMCD Benelux has acquired 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux. Established in 1999 and headquartered in Hoogerheide, Netherlands, Gova provides an extensive portfolio of cosmetic actives and functional ingredients….
FluidOne’s cyber division, Cyber Security Associates (CSA), has acquired SureCloud Cyber Services. This acquisition positions CSA to offer a more robust suite of cyber security solutions, integrating SureCloud’s expertise in CREST and NCSC CHECK certified penetration testing and cyber risk consulting. SureCloud, a cloud-born company since 2006, brings a team of 28 specialists and a…