PARIS, FRANCE: Bureau Veritas, the global testing, inspection, and certification giant, announced today the acquisition of Versatec Energy B.V., a Dutch technical advisory firm specializing in the offshore and onshore energy sectors. This strategic move aligns with Bureau Veritas’ LEAP | 28 strategy, aiming to strengthen its foothold in the rapidly growing renewables market and underscore…
Tag: acquires
GPE acquires West End refurbishment opportunity
LONDON: Great Portland Estates plc (GPE) announced the acquisition of the special purpose company holding the long leasehold interest of Whittington House, WC1 for a total consideration of £58.5 million (£785 per sq ft on current NIA), subject to further balance sheet adjustment post completion. The building is currently let on a short-term basis, at…
Silverbullet Data Services Group acquires intellectual property rights from Codec AI
LONDON: Silverbullet Data Services Group (AIM: SBDS), a provider of AI driven digital transformation services and products, has acquired certain intellectual property rights (IPR) from Spore London Limited (Codec AI) for a cash consideration of £50,000 payable in two tranches, plus an earnout of 10% of net revenues generated from the technology up to 31…
M3 Helium acquires further producing wells in the Hugoton gas field
LONDON: Mendell Helium has announced that M3 Helium Corp. has acquired interests in three additional wells on the western side of the Hugoton gas field in Kansas. Two of these wells are currently in production, while the third is considered suitable for conversion into a water disposal well. Following this acquisition, M3 Helium now holds…
Signature Holdings acquires Signature Fabrics, parent of Friedman’s Ltd and Milano International
LONDON: CEPS Plc announced that Signature Fabrics Limited, a 55% indirectly held subsidiary of CEPS, has been acquired by Signature Fabrics Holdings Limited, a company incorporated in June 2024 being used to acquire 100 per cent of the issued share capital of Signature Fabrics, for a total consideration of £4.0 million. Signature Fabrics is the…
Roadside JV acquires 12 Lidl stores in £70 million deal
LONDON: Roadside Retail Limited, in partnership with Meadow Real Estate Fund VI LP, has announced the acquisition of 12 stores from Lidl Great Britain Limited for a total of £70 million. This joint venture (JV) aims to acquire and develop roadside real estate assets across the UK. Lidl has already acquired the land, secured planning…
Smart Foods acquires Fenn Foods’ major assets amid liquidation
Australian alt-meat company Fenn Foods, which recently entered liquidation, has been acquired by local peer Smart Foods. The deal includes Fenn Foods’ major assets such as the Veef and Love Buds brands, along with plant, stock, and equipment, according to insolvency firm Fort Restructuring. Financial terms of the acquisition were not disclosed. Smart Foods, based…
ARC Funds Limited acquires ausbiz Capital, a subsidiary of ausbiz Group
SYDNEY: ARC Funds Limited (ASX:ARC) has executed a binding agreement with ausbiz Group Pty Ltd to acquire a minority 30% equity interest in ausbiz Capital Pty Ltd, currently a 100% subsidiary of ausbiz Group. ausbiz Capital, part of ausbiz Group, is a new business established to offer high-quality financial products and services to ausbiz Group’s…
WOSG acquires Hodinkee, a leading digital editorial platform for luxury watch enthusiasts
LONDON: The Watches of Switzerland Group (WOSG) announced the acquisition of Hodinkee, the pre-eminent global digital editorial content provider and gateway for luxury watch enthusiasts. One of the Group’s stated Long Range Plan objectives is to leverage existing growth opportunities by growing sector leadership online, and this acquisition will further enhance the Group’s ability to capture market…
Good Energy acquires Amelio Solar for £5.5 million
LONDON: Good Energy Group PLC (AIM: GOOD), a leading renewable electricity supplier and innovator in clean energy services, has announced the acquisition of Amelio Enterprises Limited, known as Amelio Solar. Nigel Pocklington, CEO of Good Energy, commented: “Amelio Solar is a perfect fit for Good Energy as we continue to grow our clean energy service…
Smiths Group acquires Modular Metal Fabricators and Wattco Inc. for £110 million
LONDON: Smiths Group plc, a leading industrial technology company, announced today that it is acquiring two North American companies, Modular Metal Fabricators, Inc., and Wattco, Inc. for a combined purchase price of up to £110m. These two companies will be integrated respectively into the Heating, Ventilation & Air Conditioning (HVAC) and electrical heating solutions platforms…
Johns Lyng acquires Queensland based Keystone Group for $47.7 million
SYDNEY: Johns Lyng Group (ASX: JLG) announced the acquisition of an 87.5% controlling equity interest in Queensland-based Keystone Group – one of Australia’s leading Insurance Building & Restoration Services (IB&RS) businesses. Keystone services a recurring blue-chip customer base providing insurance repairs, restoration and hazardous material removal through its subsidiaries, Rizon, Remeed, and Corvex. Over recent…