ROTTERDAM: Hunter Douglas, the world market leader in window coverings and a major manufacturer of architectural products, has completed the acquisition of 74% of Droma-Sunshade Experts, a highly regarded Polish assembler of made-to-measure exterior sunscreens, shutters and awnings, with a fast-growing sales presence in Western Europe. The founders of Droma-Sunshade Experts will remain minority shareholders,…
Tag: acquires
Inkjet printing technology company Xaar plc acquires Megnajet for £2.0mn
LONDON, UK: Xaar plc, the leading inkjet printing technology group, has acquired Megnajet Ltd and Technomation Ltd, whose businesses trade together under the name of Megnajet. Post acquisition it is intended that the businesses of Megnajet Ltd and Technomation Ltd will be merged and the combined business will continue trading under the Megnajet name. Megnajet…
Darktrace acquires Cybersprint B.V. for $53.7 million
LONDON, UK: Darktrace Plc, a global leader in cyber security AI, has entered into a definitive agreement to acquire the entire issued share capital of Cybersprint B.V., an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks. The acquisition of Cybersprint is aligned with…
CLS Holdings acquires office building in Dusseldorf
LONDON, UK: CLS Holdings has unconditionally exchanged contracts to acquire a 9,168 sqm / 98,684 sq. ft office building in Dusseldorf for €25 million (€2,724 per sqm) excluding costs from alstria office REIT-AG. Kanzlerstraße 8 is situated in a well-connected and growing submarket in Dusseldorf. The overground station, Dusseldorf Rath, and the underground station, Rather…
Swoop to acquire Sydney based dark fibre provider Luminet for $8mn
SYDNEY, AUSTRALIA: Swoop has entered into a conditional agreement to acquire Sydney based dark fibre provider Luminet in a $8 million deal, comprising $6.4 million in cash and $1.6 million in Swoop shares. The acquisition will be funded from existing cash reserves and is expected tocomplete on 28 February 2022. The assets consist of 58km…
Kingswood Holdings acquires financial advice business, Aim
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Aim Independent Limited (Aim) an independent financial advice business based in Eastleigh serving clients throughout Hampshire. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.6m, payable over a two-year period, £1.8m will be…
Focus Home Interactive acquires video game developer Leikir Studio
PARIS, FRANCE: Focus Home Interactive announced the acquisition of video game developer Leikir Studio. Based in Paris and made up of around twenty passionate creators, Leikir Studio thus becomes the 5th development studio to integrate with Focus. The Group is also strengthening through the recruitment of four new talents who will come to occupy strategic…
Pivotal Growth acquires Grange Mortgage and Protection Services
LONDON, UK: LSL Property Services announced that Pivotal Growth Limited has completed the acquisition of Grange Mortgage and Protection Services Limited. Grange is a specialist new build mortgage and insurance brokerage based in Northampton and has been providing advice to clients purchasing new build properties across the UK for over 15 years. Pivotal Growth was…
Londonmetric Property acquires logistics warehouse for £15.5 million
LONDON, UK: LondonMetric Property Plc announced the acquisition of an urban logistics warehouse in Luton from Marcol Industrial Investments for £15.5 million. The 168,000 sq ft property is located on Luton Enterprise Park, close to Luton town centre and J11A of the M1. It is let to two occupiers with a WAULT of three years….
Ideagen Plc acquires MailManager for up to £29.15mn
LONDON, UK: Ideagen PLC (AIM: IDEA), a leader in compliance software for regulated industries, has acquired MailManager Limited for an upfront cash consideration of £26.4 million plus a deferred conditional earnout payment of up to £2.75 million, a bourse filing said. MailManager is an email management solution that helps businesses manage emails more efficiently and…
Comms Group acquires onPlatinum for upto $18 million
SYDNEY, AUSTRALIA: Comms Group Limited (ASX: CCG) has acquired onGroup Holdings Pty Ltd (“onPlatinum”) to strengthens Group’s position in the corporate mid-market, expanding the company’s footprint into the QLD market. onPlatinum is purchased for an initial consideration of $12 million and an additional out-performance earn out component up to $6 million, taking the potential maximum…
Kingswood Holdings acquires Allotts Financial Services for £2.5mn
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has acquired Allotts Financial Services Limited (AFS) for total cash consideration of up to £2.5m, payable over a two year period, £1.25m will be paid at closing and the balance paid on a deferred basis, some of which is subject to the achievement of pre-agreed performance targets. AFS…