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…
Tag: acquires
JTC Plc acquires INDOS for upto £12.5 million
LONDON: JTC Plc has acquired INDOS for a maximum consideration of £12.5 million, a news release said. The initial consideration is £11m which will be settled in cash £10m and JTC equity £1m. A further £1.5m deferred consideration is available to management on the achievement of performance targets. Founded in 2012, INDOS is an industry-leading…
Bergman & Beving acquires Mila Aktiebolag
STOCKHOLM: Tools & Consumables, a division within Bergman & Beving, has today entered into an agreement to acquire the operations of Mila Aktiebolag. Mila is a specialised supplier that develops and manufactures the market’s most powerful and advanced headlamps for demanding conditions. User groups are among others the police and coast guard, as well as…
LINK Mobility Group acquires Tismi B.V in the Netherlands for EUR 20 million
OSLO: LINK Mobility Group Holding ASA has entered into a definitive agreement for the acquisition of the Dutch CPaaS enabler Tismi B.V at an enterprise value of EUR 20 million. Tismi was established in 2008 in the Netherlands and is today headquartered in Bunnik, Netherlands. Tismi is a provider of telecommunication services and products and…
InfraStrata plc acquires assets of Burntisland Fabrication Limited
LONDON: InfraStrata plc has acquired substantially all of the assets of Burntisland Fabrication Limited, providing the Company with increased capacity across two sites in prime locations in Scotland. The consideration paid for the assets is £650,000 in cash with a further deferred consideration of up to £200,000 in cash, subject to achievement of future revenues…
Wattle Health acquires remaining 20% of Little Innoscents
SYDNEY: Wattle Health Australia Limited has entered into a Share Sale Agreement (SSA) to acquire the remaining 20% of Little Innoscents (LI) for $200,000, taking the Company’s ownership of LI to 100%. Little Innoscents has established a reputation as a premium brand in the natural and organic skincare sector and has produced growing month-on-month sales,…
Robinson Plc acquires Danish company Schela Plast for £7.7 million
LONDON: Robinson plc, the custom manufacturer of plastic and paperboard packaging, acquired Schela Plast A/S, a Danish designer and manufacturer of blow moulded containers for a total consideration of £7.7m on a debt free cash free basis. Alan Raleigh, Chairman of Robinson, commented: “The Acquisition supports our sustainable growth strategy. Schela Plast is a strong…
WPP Plc acquires DTI Digital in Brazil
LONDON: WPP Plc has acquired DTI Digital (DTI), a leading Brazilian digital innovation and software engineering company. DTI’s digital solutions help clients become more efficient, digitalised and fully connected to their customers — from the development of back-office support systems such as supply automation and data collection software, to consumer-facing applications and platforms including e-commerce…
Joules acquires The Garden Trading Company for up to £12.5 million
LONDON: Joules Group, the premium British lifestyle brand, has acquired The Garden Trading Company Limited, a digitally led retailer of home and garden products inspired by the British countryside and lifestyle trends, a news release said. Garden Trading designs its own range of distinctive home, garden and outdoor products that it sells through its own…
Begbies Traynor acquires Hargreaves Newberry Gyngell
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Hargreaves Newberry Gyngell Limited (HNG). HNG is a London based firm of chartered surveyors employing 13 staff who will all integrate with Eddisons, the group’s property advisory and transactional services division. HNG provide commercial property management, agency and lease advisory services…
Learning Technologies Group acquires PDT Global for initial consideration of £13.2 million
LONDON: Learning Technologies Group (LTG), the provider of services and software for digital learning and talent management, has acquired UK-based PDT Global, a leading provider of online Diversity and Inclusion (D&I) training solutions, for an initial cash consideration of £13.2 million. PDT Global’s founders and majority shareholders, Heather Butler and Angela Peacock, will join the…
NOG acquires assets in Appalachian Basin from Reliance’s subsidiary
MINNEAPOLIS: Northern Oil and Gas Inc. (NOG) has entered into a definitive agreement to acquire certain non-operated assets in the Appalachian Basin from a subsidiary of Reliance Industries Ltd, a news release said. At the effective date of July 1, 2020, the Assets were producing approximately 120 MMcfe/d of natural gas equivalents, net to Northern’s…