LONDON: Videndum plc, a global provider of premium hardware and software solutions for content creators, said Wednesday it has agreed to sell its consumer-focused JOBY brand to VIJIM, a manufacturer of camera and smartphone accessories. The transaction, for an undisclosed sum, aligns with Videndum’s strategy to concentrate on its core professional markets. Proceeds from the…
PARIS: Pluxee, a global player in Employee Benefits and Engagement, today announced that it completed the acquisition of 100% of Skipr, an innovative and fast-growing Belgian company providing employee mobility solutions. This acquisition represents a further step in advancing Pluxee’s strategic growth plan in Continental Europe and the execution of its disciplined M&A approach, enabling…
SYDNEY: Australian engineering and mining services firm NRW Holdings Ltd (ASX:NWH) said on Tuesday it will acquire Fredon Industries Pty Ltd for up to A$200 million, adding a fourth strategic pillar to its operations and expanding its footprint in electrical, mechanical, infrastructure and technology services. The acquisition, structured as a debt-free, cash-free transaction, will be…
LONDON: Intertek Group plc (ITRK.L), a global provider of Total Quality Assurance services, said on Monday it has acquired Envirolab, a leading environmental testing and analysis firm based in Australia, as part of its strategy to expand in high-growth sustainability markets. The deal gives Intertek access to Envirolab’s five laboratories across Australia and New Zealand,…
Company recorded revenue of A$9.38 million and a cash EBITDA of A$1.94 million SYDNEY: Australian place-based media company Motio Ltd. reported a 30% year-on-year revenue increase for fiscal year 2025, driven by organic growth and strategic divestments, according to its annual results presentation released Monday. Motio posted revenue of A$9.38 million and a cash EBITDA…
LONDON: John Wood Group PLC (Wood) said on Friday it has agreed to sell its North American Transmission & Distribution (T&D) engineering business to Qualus LLC and 2737813 Alberta Ltd for $110 million in cash, as part of its ongoing disposal programme targeting non-core assets. The transaction, expected to close in the third or fourth…
The company posted operating revenue of A$56.6 million and underlying EBITDA of A$5.7 million SYDNEY: Comms Group Ltd. (ASX: CCG), a global telecommunications and IT services provider, reported full-year FY25 results at the upper end of its guidance range, driven by record annual recurring revenue (ARR) wins and strategic expansion. The company posted operating revenue…
LONDON: Bunzl plc, the specialist international distribution and services group, announced Tuesday the completion of four acquisitions, including two previously disclosed deals, as part of its ongoing global expansion strategy. In July, Bunzl finalized the acquisition of Quindesur, a Spanish distributor of foodservice and cleaning & hygiene products with a strong presence in Southern Spain….
MELBOURNE: Webjet Group Ltd. (ASX:WJL) announced Thursday it will acquire Melbourne-based business travel platform Locomote Holdings Pty Ltd for up to A$23 million, fast-tracking its corporate travel strategy and boosting long-term earnings. The deal includes A$17 million in upfront cash and a potential A$6 million earn-out tied to EBITDA targets. The acquisition enables Webjet to…
SYDNEY: CSR Ltd. has entered into a binding agreement to sell its Badgerys Creek property, located adjacent to the new Western Sydney Airport, for A$575 million (approximately €320 million), the company announced Wednesday. The transaction is expected to close on Dec. 19, 2025, and marks a significant step in CSR’s ongoing property monetization strategy. The…
SYDNEY: Hancock & Gore Ltd (H&G) said on Tuesday it had acquired UK-based schoolwear brand Trutex Group in an all-cash deal valued at approximately A$26 million, marking a strategic transformation into a global schoolwear business under the Schoolblazer Group banner. The acquisition, funded entirely from H&G’s balance sheet, brings together Trutex, Schoolblazer UK, and Mountcastle,…
Group sales reached £1.72bn, with growth across most divisions, including a 4% rise in Higher Education and Enterprise Learning & Skills LONDON: Pearson Plc, the global education group, delivered a stable first-half performance, with underlying group sales rising 2% and adjusted operating profit increasing by the same margin to £242m. The company reported strong free…