Groupe Berkem, a leader in plant chemistry, announced the acquisition of Naturex Iberian Partners, Givaudan’s industrial site in Valencia, Spain, specialized in plant and marine extraction. The deal, which is expected to be completed by May 31, 2024, will allow Groupe Berkem to increase its production capacity and meet the growing demand for sustainable solutions…
Tag: acquisition
AD Ports Group buys 60% stake in Dubai Technologies for AED 28 million
Abu Dhabi, UAE: AD Ports Group, a leading provider of trade digitalisation solutions, has acquired a majority stake in Dubai Technologies, a developer of intelligent ports and transportation platforms. The deal will enhance AD Ports Group’s digital trade portfolio and capabilities, as well as create cost synergies and new opportunities for international expansion. Dubai Technologies’…
Security Compass acquires Kontra to enhance application security training
Security Compass, The Security by Design Company, has acquired Kontra, an application security training software provider, from ThriveDX. The deal will enable Security Compass to offer a wider range of cybersecurity training solutions, including hands-on labs and developer-friendly courses. Security Compass and Kontra share a common vision of empowering businesses with application security solutions that…
Gebrüder Weiss acquires Cargo-Link to expand LCL services in North America
Gebrüder Weiss, a 500-year-old international transport and logistics company, has acquired Cargo-Link, a family-owned freight forwarding company based in Salt Lake City, Utah. The deal is part of Gebrüder Weiss’ plans to grow its presence and LCL services in North America, especially in the fast-growing Salt Lake City market. Cargo-Link, founded in 1976, specializes in…
Protect AI acquires Laiyer AI to offer security solutions for LLMs
Protect AI, the leading AI and ML security company, has acquired Laiyer AI, the developer of LLM Guard, an open-source project for protecting large language models (LLMs) from security threats and misuse. LLMs, such as OpenAI’s GPT-4, are powerful tools for generating and understanding human language, with applications in various sectors. However, they also pose…
Propel Funeral Partners expands its presence in NZ with Southern Funeral Home acquisition
SYDNEY, AUSTRALIA: Propel Funeral Partners Limited (ASX: PFP), a leading provider of funeral and related services in Australia and New Zealand, has announced that it has signed a conditional sale agreement to acquire Southern Funeral Home, a well-established funeral business that operates from five locations in New Zealand. The acquisition, which is expected to be…
Inszone Insurance acquires Colorado-based High Desert Insurance
Inszone Insurance Services, a national provider of various insurance solutions, has acquired High Desert Insurance, a trusted insurance agency based in Pueblo, Colorado. High Desert Insurance, founded in 2011, has a team of seven professionals who share the same values as Inszone. The acquisition will allow Inszone to expand its services in Colorado, while maintaining…
ALKEME has acquired Mogul Wealth Strategies
ALKEME, a Top 40 Insurance Brokerage, announced the acquisition of Mogul Wealth Strategies, a multi-line independent insurance agency and wealth management firm located in Frisco, Texas, and serving the entire United States. Founded in 1996, Mogul Wealth Strategies has been serving businesses and high-net-worth individuals and families with life insurance, advisory services and employee benefits….
Monash IVF Group acquires Fertility North Holdings for $12m
SYDNEY, AUSTRALIA: Monash IVF Group, a leading provider of assisted reproductive services, has announced the acquisition of 80% of Fertility North Holdings, a Perth-based fertility clinic, for an estimated $12m. The deal will add eight fertility specialists to Monash IVF’s team and increase its net profit by 4%. Monash IVF may buy the remaining 20%…
RGL offers to acquire Rotala Plc at the rate of 63.5 pence/share in cash
LONDON, UK: Rotala Group Limited (RGL) has reached on agreement to acquire Rotala Plc at the rate of 63.5 pence in cash/share valuing the entire issued and to be issued share capital of Rotala Plc at approximately £23.5 million. Rotala Group Limited (RGL) is a private limited company formed specifically for the purpose of the…
SRJ’s acquisition of STATS UK Limited not proceeding
SYDNEY, AUSTRALIA: SRJ Technologies Group announced that the acquisition of STATS (UK) Limited will not proceed. Following SRJ’s announcements on 4 February 2022 and 14 December 2021 in relation to the transaction, SRJ advises that as a result of market volatility caused by underlying macro, geopolitical and supply chain events, the acquisition of STATS UK…
Diversified Energy announces acquisition of East Texas Assets
LONDON, UK: Diversified Energy Company (LSE: DEC) announced the acquisition of certain East Texas upstream assets and related facilities from a private seller. The acquisition builds on Diversified Energy’s 2021 entry into the Central Region and expands its progress to replicate the Company’s proven business model with high margin, low-decline production that is geographically proximate…