HELSINKI: Alma Media has signed an agreement to acquire Nettix Oy’s entire share capital from Otava Group for EUR 170 million, strengthening its position in the marketplaces business in Finland. The acquisition strengthens Alma Media’s position in the marketplaces business in Finland, especially in automotive and mobility services. In addition, the acquisition of Nettix Oy…
Tag: acquires
ARB Corporation acquires Truckman Group for maximum of GBP 21.9mn
SYDNEY, AUSTRALIA: : ARB Corporation Limited announced the acquisition of auto styling Truckman Group Limited. Truckman is the leading manufacturer and distributor of utility accessories in the United Kingdom, principally focused on rear of vehicle products such as canopies (hard tops), bed liners and general utility vehicle products. Truckman is the industry recognised brand leader…
WPP Plc acquires mobile technology provider NN4M
LONDON: WPP Plc announced that Wunderman Thompson has acquired NN4M, a leading mobile commerce partner for global brands. Offering innovative and cutting-edge commerce services for retailers, NN4M provides its clients with connected, experience-driven solutions across mobile and in-store channels. The acquisition is in line with WPP’s accelerated growth strategy and focused M&A approach to build…
Gamma Communications acquires Mission Labs Limited for £40.2 million
LONDON: Gamma Communications has acquired the entire issued share capital of Mission Labs Limitedon 2 March 2021. This acquisition gives Gamma additional capabilities in the rapidly evolving markets of Cloud Contact Centre and Cloud Communications The acquisition of Mission Labs will enable Gamma to enhance and expand its cloud contact centre (CCaaS) technology. Gartner predicts…
Polar Capital Holdings acquires Dalton Capital
LONDON: Polar Capital Holdings has acquired Dalton Capital, the parent company of Dalton Strategic Partnership LLP, as all pre-conditions including approval from the Financial Conduct Authority (FCA) were satisfied. The initial consideration for the acquisition has been satisfied through £8.5 million in cash plus 7,482 new ordinary shares in Polar Capital. Further deferred cash consideration…
Electrocomponents Plc acquires Liscombe for £11 million
LONDON: Electrocomponents Plc announced the acquisition of Liscombe, a leading specialist supplier of high-risk hand protection and PPE products to industrial blue-chip customers in the UK and the Netherlands. Together with Needlers, our recent PPE acquisition within the food manufacturing vertical, the two businesses will provide a full range offer and expertise across key sectors…
FRP Advisory Group acquires Spectrum Corporate Finance for upto £12.4 million
LONDON: FRP Advisory Group announced the acquisition of Spectrum Corporate Finance Limited, a leading Corporate Finance and Debt Advisory boutique to UK mid-market clients and their funders. The consideration comprises cash of £9.4 million plus a further payment contingent on the net assets at completion of up to circa £3 million. The five key selling…
Solid State plc acquires Active Silicon Limited for initial consideration of £6.3 million
LONDON: Solid State plc announced the acquisition of Active Silicon Limited and its subsidiaries for an initial consideration of £6.3 million, which, when adjusted for the cash on the balance sheet, results in an effective net initial consideration of approximately £2.7 million. Highlights of the Acquisition include: · Active Silicon is an industry leading expert…
Oasmia acquires global development and commercialization rights for Cantrixil
UPPSALA: Oasmia Pharmaceutical AB has signed an agreement with Kazia Therapeutics, an Australian oncology-focused biotechnology company, to acquire exclusive global development rights for Cantrixil, a product candidate in development intended for the treatment of ovarian cancer. The agreement is the first in a series of planned in-licensing deals and acquisitions to expand Oasmia’s oncology portfolio,…
AqualisBraemar LOC acquires renewables consultancy, East Point Geo Ltd
OSLO: AqualisBraemar LOC ASA has entered into a definitive agreement for the acquisition of 100% of the share capital of East Point Geo Ltd. East Point Geo is an independent geoscience consultancy providing support for major offshore and onshore engineering projects, specialising in renewables and oil and gas developments. In the last twelve months, the…
S-Ventures acquires Ohso Chocolate in a share exchange deal
LONDON: S-Ventures Plc has acquired 75.1% interest in Ohso Chocolate Limited through the issue of 3.281 million ordinary shares in S-Ventures to the shareholders of Ohso Chocolate, equating to approximately £295,400 at a price of 9p per share, a news release said. S-Ventures has granted certain options to the founders of Ohso Chocolate, Andrew Marten…
Serco Group acquires Whitney, Bradley & Brown Inc for $295 million
LONDON: Serco Group plc has agreed to acquire Whitney, Bradley & Brown Inc (WBB), a leading provider of advisory, engineering and technical services to the US Military, for $295m from an affiliate of H.I.G. Capital, a news release said. The acquisition will increase the scale, breadth and capability of Serco’s North American defence business and…