LEXINGTON: MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners, a news release said. This is MiddleGround’s sixth platform acquisition made from its first fund, which closed in August 2019. Dura is a global designer and manufacturer of highly engineered automotive systems. It operates through its mechatronics, lightweight structures…
LONDON: Supermarket Income REIT announced the acquisition of a portfolio of supermarkets via a sale and leaseback transaction with Waitrose & Partners for £74.1 million, reflecting a net initial yield of 4.4%. The portfolio comprises six freehold supermarkets with an average gross internal area of 32,000 sq ft. The stores are let to Waitrose on…
SYDNEY: Aventus Group announced it has unconditionally exchanged on a 31,470 sqm development site adjoining Epping Home for $11.5 million from Kaufland Australia, with completion of the acquisition to occur in late July 2020. “Aventus is excited to have secured this site which adjoins our current Epping Home centre. Epping is one of the fastest…
TORONTO: Argo Gold Inc. has entered into a mining claim acquisition agreement with Denison Mines Inc. pursuant to which Argo Gold can acquire a 100% interest certain mineral claims located near Talbot Lake, in the Pickle Lake area of the Patricia Mining District in exchange for an aggregate of $135,000 cash and 1,350,000 common shares…
LONDON: Active Energy (AEG), the international biomass based renewable energy business, has entered into an agreement with its joint venture partner Renewable Logistics Systems LLC (RLS), whereby AEG will secure 100% control and ownership of the saw mill and saw log export activities based at AEG’s industrial site in Lumberton, North Carolina, which are currently…
LONDON, UK: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $7.0 million. The vessel has a fixed rate time charter for six to eight months to a major agricultural commodity trading and logistics company. The yield during the charter is in line with the targets…
LONDON: MJ Hudson Group plc, the international financial services support provider, has acquired Meyler LLC, a marketing services and analytics business with a full and part time staff of eight, based in New York and Vancouver. Meyler will be integrated into MJ Hudson’s existing marketing and analytics business in the UK, to form a transatlantic…
LONDON, UK: Gateley (Holdings) Plc, the legal and professional services group, has announced the acquisition of The Vinden Partnership Limited for a maximum consideration of £6.75 million, equating to a maximum Enterprise Value of £5.15m. Vinden, a specialist business offering corporate advisory, dispute resolution and consultancy to the built environment in the property and construction…
LONDON: Kainos Group, a UK-based provider of digital services and platforms, has announced the acquisition of Intuitive Technologies LLC, a trusted advisor in the areas of financial consolidation, budgeting, planning, forecasting, reporting and accounting solutions. The terms of the acquisition have not been disclosed. Founded in 2010 and headquartered in Denver, Colorado, IntuitiveTEK has a…
LONDON: Knights Group Holdings plc has acquired the entire issued share capital of Simon Leighton Limited, Arthur Chapman Limited and Bob Agnew Limited being the corporate shareholders of Croftons Solicitors LLP for £2.8 million. This acquisition builds on the Company’s presence in Manchester, in line with the Group’s strategy to accelerate its organic growth through…
LONDON: Halma Plc, a global group of life-saving technology companies, has announced acquisitions of NovaBone Products, LLC and FireMate Software Pty. Ltd. for its Medical and Infrastructure Safety sectors, respectively. Halma acquired NovaBone Products, LLC, a designer and manufacturer of US FDA-approved synthetic bone graft products, based in Florida, USA. NovaBone’s products are used to…
LONDON: Begbies Traynor Group, the business recovery, financial advisory and property services consultancy, announces the acquisition of the entire issued share capital of Regeneratus Consulting, which is an Exeter based advisory practice with particular expertise in restructuring, turnaround and legal issues. Founded by Rob Insall in 2016, it reported annual revenue of £0.6 million and…