MUNICH: Mutares SE & Co KGaA has signed an agreement to acquire Heat Transfer Technology from Siemens Energy B.V. This acquisition will strengthen the Engineering & Technology segment as a new platform investment. The closing of the transaction, expected in the 4th quarter this year, is subject to the fulfilment of information and consultation rights…
FREDRIKSTAD, NORWAY: Europris is acquiring 67 per cent of Strikkemekka Holding AS for NOK 88.4 million. The purchase price is final, and the acquisition will be settled in cash, a bourse filing noted. The main revenue contributor in the Strikkemekka group is the Strikkemekka.no online store. This was launched in 2017 and quickly became Norway’s…
LONDON, UK: Water Intelligence plc (AIM: WATR.L) announced the acquisition of Shanahan Plumbing LLC, a plumbing company with operations in both Connecticut and New York. Water Intelligence is the leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water. The acquisition builds upon the Group’s growing American Leak…
CAIRO, EGYPT: Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, has concluded the acquisition of Fatura Netherlands B.V. Fatura is a fast-growing tech-driven Business-to-Business (B2B) platform with a regional footprint of 22 governorates in Egypt. Fatura is backed by prominent shareholders in the field with…
OSLO, NORWAY: SmartCraft ASA has today entered into an agreement and completed the acquisition of all the shares of Elverdi Norge AS, adding valuable competence and specialist digital sales tools for electricians to SmartCraft’s portfolio. The purchase price for the shares is NOK 16.5 million which was paid in cash. The acquisition was made through…
LONDON, UK: Next Fifteen Communications Group announced two acquisitions that strengthen its largest businesses in its Customer Delivery segment: Activate and Agent3. This area of business drives lead generation and Account-based Marketing (ABM) programmes using digital channels for customers in the B2B technology sector. Under the respective terms of the deals, Activate Marketing Services LLC…
LONDON, UK: CMO Group PLC, the UK’s largest online-only retailer of building materials, announced the acquisition of Whiteholme Limited, a specialist bathroom basin e-commerce company which trades as clickbasin.co.uk. Founded in 2010 and based in Preston, clickbasin.co.uk currently has a range of c. 320 SKUs comprising bathroom vanity units, bathroom cabinets, wall hung basins, bathroom…
LONDON, UK: Judges Scientific Plc, the group focused on acquiring and developing companies in the scientific instrument sector, announces that it has today acquired the entire issued share capital of Geotek Holding Limited and Geotek Coring Limited (together Geotek), a world leading developer and manufacturer of instruments used to measure and log various characteristics of geological cores and a…
LONDON, UK: Knights Group has agreed to acquire Coffin Mew LLP, a leading independent law firm in the South East.With a 130 year history operating in the South East of England, Coffin Mew is a leading independent law firm based primarily in Portsmouth with offices in Southampton, Brighton and Newbury.Under the terms of the acquisition,…
SYDNEY, AUSTRALIA: MPower Group announced a transaction that accelerates its Build Own Operate (BOO) strategy with the proposed acquisition of the Lakeland Solar & Storage Project located in Cooktown Shire, North Queensland, comprising a 10.8MWac solar farm and an associated 1.4MWac/5.3MWh lithium-ion battery storage facility. Lakeland Solar & Storage Project has been in operation since…
MELBOURNE, AUSTRALIA: DGL Group Limited (ASX:DGL) has announced the strategic acquisition of Temples chemicalc warehousing division. Situated in Welshpool southeast of Perth, Temples specialises in chemical warehousing and distribution. Temples adds 13,000 tonnes of chemical storage capacity to DGL’s WA operations and over 10,000 sqm of strategic operational space for transport equipment and shipping container…
LONDON, UK: REACT Group Plc (AIM: REAT) has completed the acquisition of LaddersFree Ltd., an established nationwide commercial window, gutter and cladding cleaning business, for a total consideration of up to £8.5 million on a debt-free and cash-free basis. This is REACT Group’s second acquisition and represents a further step in the company’s ambition to…