LONDON: Essentra PLC on Tuesday reported financial results for the half year ended June 30, 2025, with performance meeting the company’s expectations despite continued macroeconomic challenges across global markets. The components and solutions provider posted revenue of £152.4 million, a 1.1% decline on a constant currency basis from £159.7 million in the first half of…
ROSEVILLE: Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, announced Tuesday it has completed the acquisition of PhillTech, LLC, an Alabama-based manufacturer of coagulants and corrosion control products for water treatment. The acquisition aligns with Hawkins’ strategy to expand its water treatment business. PhillTech has been a long-standing strategic partner of Hawkins,…
LONDON: Dotdigital Group plc, a leading SaaS provider of customer experience and data platforms, announced Tuesday the acquisition of U.S.-based Social Snowball Holdings, Inc., an influencer, affiliate and referral marketing platform for e-commerce brands. The deal, worth up to $35 million, includes an initial $20 million cash payment and up to $15 million in performance-based earnouts….
SYDNEY: Jayride Group Limited (ASX: JAY), a global ground transportation technology company, announced the launch of a new B2B Software-as-a-Service (SaaS) platform designed to streamline operations for transport providers. The platform aims to address key industry challenges, including delayed payments, manual processes and fragmented systems. The SaaS offering, branded as “Powered by Jayride,” integrates payment…
NEW YORK: QXO, Inc. (NYSE: QXO) announced Thursday it has submitted a proposal to acquire all outstanding shares of GMS Inc. (NYSE: GMS) in an all-cash transaction valued at approximately $5 billion, offering $95.20 per share — a 27% premium over GMS’s 60-day volume-weighted average price. Brad Jacobs, QXO’s chairman and chief executive, said the…
LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully underwritten institutional capital raise of approximately £1.14 billion ($1.45 billion). The acquisition, Rosebank’s first under its “Buy, Improve, Sell” strategy, aims to enhance shareholder value…
WELLINGTON: Mercury NZ Limited’s Chief Executive, Stew Hamilton, has announced significant changes to the company’s Executive Leadership Team to support its new three-year objectives. Mr. Hamilton, who has been in the role for about two months, emphasized the importance of engaging with team members and stakeholders to steer Mercury’s growth. Two existing roles have been…
LONDON, UK: CAB Payments, a leading provider of cross-border payments and foreign exchange solutions, has appointed Neeraj Kapur as its new CEO, effective from 26 March 2024. He will replace Bhairav Trivedi, who will become a senior adviser to the board. Neeraj Kapur joins CAB Payments from Vanquis Banking Group, where he was the group…