Saint-Gobain, the global leader in light and sustainable construction, has made a non-binding offer to acquire CSR Limited, a leading Australian building materials company, for A$9 per share in cash, valuing the deal at around A$3.5 billion. The offer is subject to due diligence, regulatory approvals, and CSR shareholders’ approval. CSR’s board has unanimously agreed…
LONDON, UK: Dewhurst Group plc (AIM: DWHT), a UK-based manufacturer of electrical components and systems, has announced that it will acquire the remaining 25 per cent stake in P&R Liftcars Pty Ltd, an Australian lift car interior manufacturer, for a cash consideration of A$2.9 million (£1.5 million). The deal, which is expected to be immediately…
LLYC, a global Corporate Affairs and Marketing consulting firm, has announced the largest acquisition in its history: Lambert Global, a strategic communications firm that specializes in public relations, investor relations, and integrated marketing. The acquisition is expected to result in revenues of $35.1 million and EBITDA of $9.7 million for LLYC USA. LLYC is acquiring…
Bona, a global leader in premium floor products, has announced the acquisition of its long-time Australian distributor Ezi Floor Products (EFP), strengthening its presence and growth in the Asia-Pacific region. Bona acquires its Australian distributor Ezi Floor Products, which has been the exclusive importer and national distributor of Bona products in Australia for over 20…
LONDON, UK: Bank of Georgia Group PLC (BOGG), a leading banking and investment group in Georgia, announced on Monday that it has agreed to acquire 100% of Ameriabank CJSC, a leading universal bank in Armenia, for approximately $303.6 million in cash. The acquisition, which is subject to shareholder and regulatory approvals, will significantly enhance the…
A3Logics, a Product engineering and software technology consulting company, has announced its acquisition of KeyStride Digital, a Bangalore-based company known for its cutting-edge expertise in Enterprise Software Development and Deep Tech. The deal is expected to enhance A3Logics’ technological capabilities and expand its service offerings across various sectors. KeyStride Digital has been providing innovative solutions…
Synerion, a global leader in cloud workforce management software, has announced the acquisition of Rosslare’s global business operations, which provide advanced access control security solutions to clients worldwide. The deal, which was finalized on February 15, 2024, will expand Synerion’s product portfolio and market presence, especially in North America, where Rosslare has over 100 distributors…
OSLO, NORWAY: Norwegian Air, one of Europe’s leading low-cost airlines, announced today its fourth quarter and full-year results for 2023, showing the highest operating profit and margin in its history. The company also completed the acquisition of Widerøe, a regional carrier in Norway, to expand its network and diversify its operations. According to the company’s…
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Altium Limited, a global leader in electronics design systems, have agreed to a deal that will see Renesas acquire all outstanding shares of Altium for A$68.50 per share, valuing the company at A$9.1 billion. The acquisition will enable the two industry leaders to establish an…
Evergreen Podcasts, a leading podcast network, has acquired Bridechilla, a digital wedding hub and podcast that helps couples plan their weddings with less stress and more joy. The acquisition expands Evergreen’s wedding planning collection and continues the legacy of excellence from one woman-owned company to another. Bridechilla was founded by Aleisha McCormack, a comedian and…
Guild Mortgage, a publicly traded mortgage lending company, has announced the acquisition of the retail lending assets of Academy Mortgage, a privately held Utah-based lender. The deal will add more than 1,000 employees and 200 branches to Guild’s network, as well as increase its annual origination volume by 25%. The combined company will be the…
Shoe Carnival, Inc. (Nasdaq: SCVL), a leading family footwear retailer, announced today that it has acquired Rogan Shoes, Incorporated, a 53-year-old work and family footwear company with 28 stores in Wisconsin, Minnesota, and Illinois. The deal, valued at $45 million and funded entirely with cash, is expected to boost Shoe Carnival’s earnings and sales in…