LONDON: Further to its announcement on 5 January 2021, Avingtrans PLC has completed the acquisition of a majority stake in Magnetica following approval from Magnetica shareholders earlier today. The combination will see Avingtrans’ two medical equipment businesses, Scientific Magnetics (SciMag) and Tecmag, merge with Magnetica. Magnetica Limited is an Australian medtech and engineering company which…
DEERFIELD: Fortune Brands Home & Security Inc. announced it completed the acquisition of LARSON Manufacturing, the North American market leading brand of storm, screen and security doors. LARSON is now part of Fortune Brands’ Outdoors & Security segment. The Company completed the acquisition for a price, net of tax benefits, of approximately $660 million, which…
ST. LOUIS: Emerson has completed the purchase of 7AC Technologies Inc., a technology start-up offering an emerging approach to air conditioning technology that enables energy savings and sustainable air management, a news release said. Emerson, a longtime leader in advanced heating and cooling technologies, has been collaborating with 7AC to commercialize a new technology that…
SYDNEY: Sparc Technologies Limited announced the completion of the acquisition of Graphene Technology Solutions Limited (GTS) following shareholder approval at the general meeting held on 26 October 2020. In conjunction with the acquisition of GTS, the Company is also pleased to announce the completion of a $4m initial public offering, with funds used for ongoing…
LONDON: Curtis Banks, one of the UK’s leading SIPP providers, is pleased to announce that the pre-conditions to the acquisition of Talbot and Muir Limited, including receipt of approval from the Financial Conduct Authority, have been satisfied. Completion of the acquisition will occur on 30 October 2020. Will Self, CEO of Curtis Banks, said: “I…
LONDON: SigmaRoc plc, the buy-and-build construction materials group, has completed the acquisition of the remaining 60 percent equity interest in GDH (Holdings) Limited, a significant quarrying group located in South Wales. This acquisition has been completed in line with the Company’s announcements dated 15 April 2019 and 1 September 2020. SigmaRoc will be working closely…
VANCOUVER: Choom Holdings Inc. and Phivida Holdings Inc. announced the completion of the acquisition of Phivida by Choom, originally announced on June 3, 2020, pursuant to a court-approved plan of arrangement. The Plan of Arrangement was implemented pursuant to the terms and conditions of an arrangement agreement dated June 2, 2020 between Choom and Phivida…
SYDNEY: Ashley Services Group Limited has acquired 100% of the shares in The Instruction Company Pty Ltd, a Registered Training Organisation (RTO) servicing the Rail sector nationally. The final acquisition price will be between $1.85-2.0 million. Unaudited FY20 results for The Instruction Company was a normalized EBITDA of $0.5million on Revenue of $2.4million. The purchase…
PERTH: St Barbara Ltd confirmed that it has finalised all outstanding conditions relating to its previously announced acquisition of Moose River Resources Incorporated (MRR”) with completion achieved on 4 September 2020. The acquisition was first announced on 27 July 2020. St Barbara’s wholly owned subsidiary Atlantic Mining NS (Atlantic Mining) acquired the remaining 93% of…
LONDON: OMV Petrom, the largest energy company in Southeastern Europe, completed the transaction for the acquisition of 100% of the shares in OMV Offshore Bulgaria GmbH from OMV Exploration & Production GmbH and enters the Han-Asparuh exploration block in Bulgaria. Following Repsol’s exit, the Bulgarian regulator approved the allocation of Repsol’s 30% participating interest to…