LONDON: Ergomed plc has acquired Ashfield Pharmacovigilance Inc. from UDG Healthcare US Holdings for a total cash consideration of $10 million. Ashfield PV is a long-established and respected provider in the pharmacovigilance services sector. It was founded as Drug Safety Alliance (DSA) in 2000 and was acquired by UDG in 2012. The Acquisition aligns with…
Tag: acquisition
Rostelecom completes acquisition of DataLine
MOSCOW, RUSSIA: Rostelecom’s subsidiary Rostelecom Datacenters has completed the deal to acquire a 100% share of DataLine, the second largest datacentre provider in Russia. The Board of directors approved the deal on 20 November 2019. Rostelecom is the Russia’s largest digital communication services provider. Mikhail Oseevskiy, President of Rostelecom, commented: “The acquisition of DataLine strengthens…
Bunzl Plc acquires Joshen Paper & Packaging
LONDON: Bunzl plc, the specialist international distribution and services Group, announces that it has acquired Joshen Paper & Packaging to expand its footprint in the US. Joshen Paper & Packaging, which is based in Cleveland, Ohio and operates from a number of locations across 11 states in the US, is engaged in the distribution of…
DP World completes acquisition of 77% stake in Feedertech Group
DUBAI, UAE: DP World, a leading enabler of global trade and an integral part of the supply chain, has closed the transactions to acquire 77% stake in Feedertech Group. Feedertech’s founder, Mr. Ali Maghami, will retain the remaining 23% shareholding and remain involved in the business. Unifeeder, a 100% owned subsidiary of DP World PLC,…
Premier to acquire Andrew Area and Shearwater assets from BP
LONDON, UK: Premier Oil Plc has announced proposed acquisitions of the Andrew Area and Shearwater assets from BP for US$625 million, and an additional 25 percent interest in the Premier operated Tolmount Area from Dana for US$191 million plus contingent payments of up to US$55 million. The proposed acquisitions will be funded via a US$500…
Sirius Real Estate acquires two business parks for total of €33.4 million
LONDON, UK: Sirius Real Estate has completed the acquisitions of Neuss II, a business park near Düsseldorf, and Neuruppin Business Park, in the Brandenburg region, for a combined total of €33.4 million. Sirius Real Estate is the leading operator of branded business parks providing conventional space and flexible workspace in Germany. Originally constructed in 1987…
Global Ports Holding’s JV completes acquisition of Goulette Shipping Cruise
LONDON: Global Ports Holding, the world’s largest independent cruise port operator, announced that Goulette Cruise Holding Ltd, its joint venture with MSC Cruises S.A., has completed the acquisition of Goulette Shipping Cruise, the company that operates the cruise terminal in La Goulette, Tunisia, from Al Karama Holding. The concession to operate the cruise port was…
Team17 Group acquires Yippee Entertainment for £1.4 million
LONDON, UK: Team17 Group has announced the acquisition of Yippee Entertainment Limited for a total consideration of circa £1.4 million. The business will operate under Team17 as a wholly owned subsidiary. Team17 is a global games label, creative partner and developer of independent (indie), premium video games. Yippee Entertainment is a multi-award-winning software developer and…
XTD Limited completes acquisition of Adline Media Pty Ltd
PERTH, AUSTRALIA: XTD Limited, a service provider to out-of-Home advertising, has completed its acquisition of diversified media and marketing company Adline Media Pty Ltd. With the closing of the transaction, the Adline business will be integrated into XTD From January 2, 2020. XTD Chief Executive Officer, Adam Cadwallader, said the completion was the beginning of…
Elkem acquires Chinese silicone elastomer & resins company Polysil for RMB 941mn
OSLO: Elkem ASA has entered into an agreement to acquire 100% shares in Polysil, a leading Chinese silicone elastomer and resins material manufacturer providing a solid platform for further specialisation and growth in China and globally. The companies have agreed an enterprise value for Polysil of up to RMB 941 million, including potential bonus and…
FCPT acquires seven Chili’s Restaurant properties for $28.7 million
MILL VALLEY–(BUSINESS WIRE)–Four Corners Property Trust (FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties, acquired seven corporate-operated Chili’s restaurant properties for $28.7 million. The properties are located in Colorado, Louisiana, Mississippi, Oklahoma, and Texas, and are occupied under triple-net leases with approximately 14 years of term remaining…
Halo Labs to acquire Canmart Limited in UK for CAD 6 million
TORONTO–(BUSINESS WIRE)–Halo Labs Inc. has entered into a binding Letter of Intent (LOI) to acquire all of the common shares of Canmart Limited in the United Kingdom (UK). The total transaction size of the Canmart acquisition is anticipated to be C$6 million, payable in Halo common shares and at a deemed price of C$0.35 per…