AKRON, OHIO: Myers Industries Inc. has acquired the assets of Elkhart Plastics Inc., one of the largest rotational molding companies in the United States, a news release said. The acquisition is the latest action in Myers’ recently announced long-term strategic plan to transform the Company into a high-growth, customer-centric innovator of value-added engineered plastic solutions….
MORRISVILLE: The JF Petroleum Group, a MidOcean Partners portfolio company, has acquired McCon Building & Petroleum Services Inc, a news release said. Headquartered in Flower Mound, Texas, McCon is a full-service provider of petroleum equipment distribution, maintenance and construction services to customers across Texas. The addition of McCon to the JF Petroleum Group strengthens its…
LONDON: Nucleus Financial Group has entered into a binding agreement to acquire the UK business and assets of Genpact Wealth Management UK Limited (which operates under the trading name OpenWealth) as they pertain to Nucleus for a total cash consideration of £1.5 million. Completion is expected to take place by the end of the year….
LONDON: Marlowe plc, the specialist services group focused on developing companies which assure safety and regulatory compliance, has acquired Black & Banton Occupational and Physical Health Limited for an initial consideration of £1.1 million, a financial news release noted. Black & Banton, established in 2001, is headquartered in Gateshead, Tyne and Wear, and provides occupational…
LONDON: Elixirr International plc announced the acquisition of the entire issued share capital of digital marketing firm Coast Digital Limited for a maximum consideration of approximately £3.8 million plus an additional cash payment based on working capital at completion. The total consideration payable is £3.8 million. This consists of initial cash consideration of £2.2 million,…
MINNEAPOLIS: Avtex solutions, a customer experience (CX) consulting and technology company, announced its acquisition of Aria Solutions, a leader in contact center and customer experience solutions based in Calgary, Alberta, Canada. Founded in 1997, Aria Solutions was one of the first system integrators in North America for Genesys®, the global leader in cloud customer experience…
LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $10.6 million. This acquisition takes the Company’s fleet to nineteen vessels. The vessel has a fixed rate time charter for ten to thirteen months to a large maritime transport and logistics company. The yield during the…
LONDON: The Board of Home REIT plc, which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing accommodation to the homeless, has acquired a portfolio of five properties located across the North West, North East and Midlands regions of England. The Properties are recently completed and purpose-built to…
TORONTO: Superior Plus Corp., through one of its wholly-owned subsidiaries, has acquired all of the equity interests of a Southern California retail propane distribution company, operating under the trade name Central Coast Propane. Founded in 1992, and located in Paso Robles, California, Central Coast is an established independent retail propane distributor serving approximately 2,800 residential…
LONDON, UK: MJ Hudson has acquired Bridge Group Limited, a funds service provider based in Ireland, conditional on regulatory approval. The vendors are Mr David Dillon and Mr Paul McNaughton, both experienced practitioners in the funds sector, directors and the principal co-founders of the business. Initial fixed consideration of €2 million is payable in cash,…
GREENEVILLE: Forward Air Corporation has entered into an agreement to acquire the assets of Value Logistics Inc., a privately held intermodal drayage provider for $2.25 million. Value Logistics generates approximately $6 million in annual revenue. The transaction will be funded from cash on hand and will close in October 2020. Forward Air Corporation is executing…
PERTH: Babylon Pump & Power Limited has entered into an unconditional agreement for the acquisition of assets from Tilbrook Ryder Investments Company Pty Ltd. The transaction is expected to complete on 1 October 2020 and will be funded by a cash payment of $750,000 from existing asset finance facilities and issuance of 7,142,856 fully paid…