LONDON, UK: SDI Group plc has acquired Scientific Vacuum Systems Ltd (SVS), a UK manufacturer of physical vapour deposition equipment. Total consideration, including earnout, is forecast to be approximately £4.9 million, net of cash acquired. Ken Ford, Chairman of SDI said: “The acquisition of SVS is a further step in our Group growth strategy and…
Tag: acquires
Pioneer Media Holdings acquires NGMI Labs for $7.0mn
VANCOUVER: Pioneer Media Holdings has acquired NGMI Labs Inc., an onramp into DAOs (decentralized autonomous organization) and tokenized communities, in a $7.0 million deal. Under the terms of the acquisition, Pioneer has acquired 100 per cent of the outstanding shares of NGMI for a total consideration of four million common shares of Pioneer issued at…
Hunting Plc acquires Marubeni-Itochu’s 40% shares in HESUK
LONDON, UK: Hunting PLC, the international energy services group, has acquired Marubeni-Itochu’s 40% shares in Hunting Energy Services (UK) Limited joint venture (HESUK). The restructuring will simplify Hunting’s operating presence in the EMEA region, as the North Sea market positions itself for growth following the downturn seen over the past two years. Hunting Plc, through…
Quantafuel acquires remaining 50% stake in Quantafuel UK
OSLO, NORWAY: Quantafuel has strengthened its position in the UK by acquiring the remaining 50% of the shares in Quantafuel UK, as well as the project companies in Sunderland and Cheshire. Quantafuel ASA has reached an agreement with strategic partner Midas Group AS to acquire the remaining 50% of the shares in Quantafuel UK Ltd,…
Trajan Group acquires Neoteryx LLC
SYDNEY, AUSTRALIA: Trajan Group Holdings Limited (ASX: TRJ) has completed the acquisition of Neoteryx LLC, a global leader in blood micro sampling devices based in Torrance, California, USA. Trajan has acquired 100% of the shares in Neoteryx along with the remaining global operations through a share swap and cash payment arrangement. The current parent company…
Arxada AG acquires Enviro Tech Chemical Services
BASEL, SWITZERLAND: Arxada AG has completed the acquisition of Enviro Tech Chemical Services, effective 22 December 2021. Financial details of the deal have not been disclosed. Enviro Tech Chemical Services is a category-leading manufacturer of proprietary and high-efficacy antimicrobial and biocidal products. The acquisition represents the second strategic deal by Arxada, formerly known as Lonza…
Flutter Entertainment acquires Italy’s online gaming operator Sisal
LONDON, UK: Flutter Entertainment announced the acquisition of Sisal, Italy’s leading online gaming operator, from CVC Capital Partners Fund VI for a consideration of €1.913bn (£1.62bn). This acquisition fully aligns with the Group’s strategy of investing to build leadership positions in regulated markets globally. The transaction is likely to complete during Q2 2022 and is…
Inspecs acquires Ego Eyewear for £6.175mn
LONDON, UK: Inspecs Group plc has acquired 100% of Ego Eyewear Limited and its operating subsidiaries in Sweden and Hong Kong for an initial consideration of £6.175m and a deferred consideration partly based on performance over the next 3 years. Ego is expected to have revenue of £8.9m for the year to 31 December 2021…
Voyager acquires Cannafull and Ascend Skincare
LONDON, UK: Voyager, the health and wellness company, has acquired the brands and assets of Cannafull, a specialist manufacturer of CBD skincare and face serum products. Based in Perth, Scotland, Cannafull has manufactured an extensive range of CBD skincare products for 17 customers over the past two years, several of whom are high profile and…
Sonic Healthcare acquires ProPath, a Texas based AP company
SYDNEY, AUSTRALIA: Sonic Healthcare (ASX: SHL) has acquired 100% of ProPath, a Texas based anatomical pathology (AP) company. ProPath’s annual revenue is ~US$110 million, and with its ~50 pathologists, serves over 1,000 physicians and more than 20 hospital groups across 45 States. ProPath was established as an AP practice in 1966. Growth has largely been…
Bloomsbury Publishing acquires ABC-CLIO for 22.9 million
LONDON, UK: Bloomsbury Publishing Plc (LON: BMY) has completed the purchase of the members’ interests of ABC-CLIO LLC. The consideration is $22.9 million (£17.3 million), of which $22.3 million (£16.8 million) has been satisfied in cash on completion and up to $0.6 million (£0.5 million) will be satisfied in cash post completion. ABC-CLIO is an…
Restore plc acquires Capture All Limited for £0.9mn
LONDON, UK: Restore plc (LON: RST) has acquired 100% of the share capital of Capture All Limited, a digital services business based in Falkirk for consideration of £0.9 million. The acquisition of Capture All further progresses the Group’s strategy to significantly expand Restore Digital, the UK’s market leading digital service business that comprises business process…