STOCKHOLM: Mips AB has signed an agreement to acquire all shares in Koroyd SARL and SCP George TFE (together “Koroyd”). Koroyd is based in Monaco and is a pioneer in the development of advanced impact protection technology for head and body safety, which is complementary to Mips’ technology. During the financial year 2024/2025, Koroyd…
STOCKHOLM: Investment AB Latour has, through its wholly-owned subsidiary Latour Industries AB, acquired 100 percent of the shares in Alstor AB. Alstor is a leading provider of compact forestry machinery for thinning and forest management with headquarters in Dingle, Sweden. The company was founded in 1998 by Lars Jansson, and the business is currently…
SYDNEY – Intelligent Monitoring Group Ltd (ASX: IMB) said on Thursday it has agreed to acquire New Zealand-based fire protection company Tyco NZ and security provider Red Wolf from Johnson Controls Luxembourg European Finance S.a.r.l for NZ$45 million in cash. The deal, expected to close by Feb. 28, 2026, will expand IMG’s footprint in…
POINT PLACE – Value Added Distributors LLC (VAD), a U.S.-based distributor of hoses, tubes, fabricated rubber products and hydraulic filtration solutions, said on Thursday it has acquired L.T.L. Supply, a Green Bay, Wisconsin manufacturer of custom wire harnesses. The deal marks VAD’s first acquisition since partnering with private equity firm Rotunda Capital Partners in…
SUNNYVALE: California-based Azul Systems, the only company fully dedicated to Java, said on Thursday it has acquired Payara, a global provider of enterprise-grade Jakarta EE solutions, in a move aimed at accelerating application modernization and strengthening cloud-native deployments. The deal builds on nearly eight years of collaboration between the two firms, beginning with Azul…
PERTH, Australia – StepChange Holdings Limited (ASX: STH) has entered into a binding agreement to acquire BroadReach Group Pty Ltd, a Perth-based ICT advisory firm specializing in enterprise architecture, strategy, and digital transformation, the company announced on Wednesday. The acquisition will add approximately 40 senior consultants and strengthen StepChange’s capabilities in high-impact enterprise architecture…
SYDNEY – Australian infrastructure firm Symphal Group said on Wednesday it has agreed to buy two Queensland-based civil contracting and haulage businesses for A$28 million ($18.5 million), aiming to capture a wave of pre-Olympics construction in the state. Symphal will acquire the assets of Timms Group and L&D Contracting via an upfront cash payment…
SYDNEY – Australia’s Flight Centre Travel Group said on Wednesday it agreed to acquire British online cruise agency Iglu for up to 127 million pounds ($155 million), accelerating its push into the high-margin global cruise market. The travel agency group will pay 100 million pounds upfront and up to 27 million pounds in performance-linked…
LONDON: Netcall plc (AIM: NET), an enterprise software company that unites automation and customer engagement in one AI-powered platform, has acquired Jadu Holdings Limited, a UK-based provider of digital experience platforms. The total consideration is up to £19.2 million. The initial gross consideration is £15.2 million, comprising £11.2 million payable in cash from Netcall’s existing resources (with…
SYDNEY – Australian explorer Summit Minerals Ltd said on Tuesday it agreed to acquire the historic Keystone polymetallic mine in Nevada, a site with documented high-grade silver and tungsten mineralization, as it seeks exposure to critical and precious metals. The ASX-listed company signed a binding heads of agreement to purchase 100% of the Keystone…
EPX Acquires Wattwatchers & Placement Capacity SYDNEY: Australia-listed EPX Limited has submitted a proposal to acquire WattWatchers Pty Ltd, an energy data firm under voluntary administration, the company said in a statement on Tuesday. EPX has offered a Deed of Company Arrangement (DOCA) to buy WattWatchers, a move recommended by the administrators for creditor…
SEATTLE: Global consulting and actuarial firm Milliman, Inc. said on Tuesday it has acquired MorVest Capital, a provider of mortgage servicing rights (MSR) analytics and advisory services, in a move to bolster its offerings to the U.S. mortgage industry. The acquisition combines Milliman’s actuarial and consulting expertise with MorVest’s specialized platform for MSR valuation,…