CINCINNATI: ProMach, a global leader in packaging and processing solutions, announced on [Date] the acquisition of DFT Technology GmbH, a German specialist in thermal treatment and sterilization systems for the food industry. The move significantly strengthens ProMach’s position in the retort and sterilization equipment market. DFT, founded in 2000 and based in Neumünster, Germany, is…
STOCKHOLM: Beijer Ref has signed an agreement to acquire Refspecs, a HVAC/R wholesaler in New Zealand with an annual turnover of approximately SEK 100 million. Founded in 2010, Refspecs is headquartered in Auckland and operates five branches. The company will continue to operate under its own brand. The acquisition is expected to have a minor…
LONDON: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today announced that it has acquired E2S Group Ltd (E2S). Founded in 1992, E2S designs, develops and manufactures high performance notification, initiation and detection devices primarily used in highly hazardous environments in heavy…
SYDNEY: Australian wagering technology firm BetMakers Technology Group Ltd has signed a definitive agreement to acquire certain assets and liabilities of the Las Vegas Dissemination Company, the company announced on Thursday. The acquisition is designed to give BetMakers direct access to major U.S. casino operators and Nevada wagering customers, strengthening its foothold in the United…
SYDNEY – Bendigo and Adelaide Bank (BEN.AX) announced an agreement to acquire the retail lending assets and deposits of RACQ Bank, a move aimed at boosting its geographic diversity and shareholder returns. The deal, subject to regulatory approval, involves the transfer of about A$2.7 billion ($1.8 billion) in retail loans and A$2.5 billion in retail deposits…
SYDNEY – Australian investigative analytics software maker Nuix Ltd (NXL.AX) said on Wednesday it has agreed to acquire French graph intelligence firm Linkurious for a maximum enterprise value of €20 million ($35.4 million), aiming to bolster its data visualisation and artificial intelligence capabilities. The acquisition of Linkurious, a Paris-based provider of a graph-powered AI decision…
SALEM — Micro-Precision Technologies, Inc., a manufacturer of complex micro-electronics for defense and aerospace, announced Thursday it has acquired Stellar Manufacturing, a provider of printed circuit board assemblies. The acquisition, which closed in early October, aims to combine MPT’s expertise in hybrid integrated circuits and thick film ceramics with Stellar’s PCBA capabilities. Terms of the…
LONDON: Fevara plc (LSE: FVA), an international specialist in livestock supplements, has entered into an agreement for the acquisition of Domino Industria E Comercio LTDA, trading as Macal in the strategically significant Brazilian market. The initial consideration will be £5.0m, with a further £0.8m-£1.9m of deferred consideration payable in March 2028, subject to business performance, with…
MELBOURNE – Control Bionics Ltd said on Wednesday its U.S. subsidiary has agreed to acquire the remaining stake in Neuro Elite Athletics LLC, the company behind the NeuroBounce athletic performance program, in a deal valued at about US$500,000. Control Bionics Ngage Inc. will purchase the outstanding 77.83% interest for US$389,150 through the issuance of shares…
PRINCETON – Princeton Medspa Partners (“PMP”), a leading U.S. medical aesthetics platform, announced on Tuesday its strategic expansion into the Colorado market with the acquisition of Allura Skin, Laser & Wellness Clinic (“Allura”), a premier medical spa serving the Northern Denver metropolitan area. Founded in 2008, Allura operates two clinics in Fort Collins and Loveland, Colorado….
PITTSBURGH – Wabtec Corporation (NYSE: WAB) has completed the acquisition of Austria’s Frauscher Sensor Technology Group GmbH, a global leader in advanced railway sensing and signaling, for an enterprise value of €675 million in cash, the companies announced today. The deal significantly expands Wabtec’s Digital Intelligence portfolio by adding Frauscher’s complementary train detection, axle counting, and…
SALT LAKE CITY – PROG Holdings, Inc. (NYSE:PRG), the fintech parent company of Progressive Leasing, announced on Tuesday a definitive agreement to acquire Purchasing Power, a leading voluntary employee benefits platform, for $420 million in cash. The deal aims to significantly expand PROG’s reach into workplace financial wellness solutions. Purchasing Power partners with over 360 employers,…