OSLO: EQVA ASA has entered into an agreement to acquire 100% of the shares in Austevoll Rørteknikk AS (ART). The acquisition will be executed by EQVA’s wholly owned subsidiary, EQVA Industrial Solutions AS (EIS), and aligns with EQVA’s growth strategy within industrial services and the aquaculture segment. The acquisition strengthens EQVA’s presence on Norway’s west coast, particularly…
SYDNEY: The Metrics Income Opportunities Trust (ASX: MOT) announced on Monday that it has agreed to increase its stake in BC Investment Group (BCI), a non-bank financial services group specializing in consumer lending for residential real estate, from 29.8% to 100%. The acquisition, facilitated by the MCP Credit Trust, in which MOT holds a 15.8%…
HELSINKI: Kingsrose Mining Limited (ASX: KRM) announced today that it has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy. The acquisition is part of Kingsrose’s strategic expansion under its Exploration Alliance with BHP in the region. The Jakon project spans 205 square kilometers, bringing Kingsrose’s total controlled area in…
LONDON: hVIVO plc, a leading early-stage Contract Research Organisation specializing in human challenge clinical trials, announced the acquisition of Cryo-Store Limited for up to £3.2 million. The deal includes £2.7 million funded from hVIVO’s existing cash resources and up to £0.5 million in equity, subject to certain terms. Founded in 1999, Cryo-Store provides off-site, temperature-controlled…
STOCKHOLM: ServiceNow (NYSE: NOW), the AI platform for business transformation, has announced the acquisition of the Quality 360 solution from Advania to strengthen its foothold in the manufacturing sector. Quality 360, originally developed on the ServiceNow platform, will enhance quality management within the ServiceNow Manufacturing Commercial Operations (MCO) solution, providing manufacturers with proactive, data-driven insights to tackle…
PARIS: Dassault Systèmes announced Tuesday that its subsidiary Centric Software, a leader in Product Lifecycle Management (PLM), has signed an agreement to acquire Contentserv, a prominent provider of product information management (PIM) and product experience management (PXM) solutions, for an enterprise value of €220 million. Centric Software specializes in innovative enterprise solutions that help plan, design, develop,…
SYDNEY: Fortescue Ltd. (ASX: FMG) has acquired more than 90% of Red Hawk Mining Limited (ASX: RHK), paving the way for a compulsory acquisition of the remaining shares, Red Hawk announced on Wednesday. Through its wholly owned subsidiary, FMG Pilbara Pty Ltd., Fortescue has secured 90.09% of Red Hawk’s shares. The company issued a compulsory…
CyberArk (NASDAQ: CYBR), the global leader in identity security, announced today it has acquired Zilla Security for an enterprise value of $165 million in cash, with an additional $10 million earn-out contingent on milestone achievements. Zilla Security is renowned for its innovative, AI-powered Identity Governance and Administration (IGA) solutions. Zilla’s advanced IGA capabilities will enhance CyberArk’s…
PARIS: EssilorLuxottica, a leading global eyewear company, has acquired Cellview Imaging Inc., a Canadian start-up specializing in innovative retinal diagnostic imaging, as part of its ongoing commitment to elevate industry standards and improve the quality of vision care. The acquisition aims to expand EssilorLuxottica’s portfolio of ophthalmic instruments and solutions, marking a significant step in its…
MIAMI: Corient, one of the nation’s largest and fastest-growing national wealth advisors, announced on Thursday that it has acquired Rootstock Advisors, a Pennsylvania-based registered investment advisory firm with approximately $600 million in assets under management as of January 31, 2025. This acquisition bolsters Corient’s ability to serve ultra-high-net-worth (UHNW) clients and extends its presence in…
SYDNEY: Veris Limited (ASX: VRS) announced Thursday the acquisition of Melbourne-based Spatial Vision Innovations Pty Ltd for up to $3.0 million, aiming to enhance its digital solutions and advisory services. The acquisition is expected to be finalized by early March 2025, subject to conditions precedent. Spatial Vision, founded in 1999, provides spatial solutions and GIS…
LONDON: Serco Inc., a subsidiary of Serco Group plc, has announced its agreement to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for $327 million in cash. The acquisition aims to enhance Serco’s scale, capabilities, and growth potential in the U.S. defense market, supporting programs across the U.S. Army, Space…