HOUSTON – Spotlight Energy LLC said it has completed the acquisition of PathPoint Energy LLC, a natural gas trading and logistics firm, in a deal that strengthens its commercial platform across the United States and Canada. The transaction brings PathPoint’s team of schedulers, traders and senior leadership into Spotlight, enhancing its optimization capabilities and expanding…
Tag: North America
JENSEN-GROUP acquires U.S. laundry equipment maker G.A. Braun
BRUSSELS: Belgian industrial laundry machinery manufacturer JENSEN-GROUP NV said on Monday it has acquired the heavy-duty laundry equipment business of U.S.-based G.A. Braun, Inc. for $39.4 million, in a move to strengthen its manufacturing and service network in North America. The acquisition, executed by JENSEN’s North American subsidiary, gives the European company a state-of-the-art production…
Intertek Group has acquired Professional Testing Laboratory based in the USA
LONDON: Intertek Group plc, a total quality assurance provider to a range of industries worldwide, has acquired Professional Testing Laboratory, LLC (PTL), a leading provider of high-quality testing services for the flooring industry, based in the USA. Rapidly evolving consumer trends and increasingly rigorous regulatory demands are accelerating the need for industry-leading Quality Assurance solutions…
Fagron bolsters EMEA footprint with acquisitions of Amara and Magilab
BRUSSELS: Belgian pharmaceutical compounding firm Fagron said on Monday it had acquired the business of Poland’s Amara and Hungary’s Magilab to strengthen its position in the EMEA region, part of a strategy to diversify in dynamic markets. The company also said it had secured a new $225 million U.S. credit facility and received a key…
TotalEnergies divests 50% of 1.4 GW solar portfolio in North America for $950 million
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value of…
Ainsworth Game Technology reports solid H1CY25 results amid takeover bid by Novomatic
Company posted a normalized profit before tax of A$13.9 million for the six months SYDNEY: Ainsworth Game Technology Ltd (ASX: AGI) reported a normalized profit before tax of A$13.9 million for the six months ended June 30, 2025, in line with market guidance, as revenue surged 25% year-over-year to A$152.1 million. The results come as…
Trifast returns to profit as strategic initiatives boost margins
LONDON: Trifast PLC (LSE: TRL.L), a global specialist in engineered fastenings, on Thursday reported a return to full-year profitability, as margin recovery and progress on its “Recover, Rebuild, Resilience” strategy helped offset challenging market conditions. For the year ended March 31, 2025, Trifast posted underlying EBIT of £15.6 million, up from £11.9 million the previous…
Sibelco has acquired Strategic Materials Inc. in North America
Sibelco, a global leader in material solutions and the top glass recycler in Europe, has announced the acquisition of Strategic Materials, Inc. (SMI), North America’s premier glass recycling company. SMI boasts a vast network across the United States, Canada, and Mexico, processing a diverse range of glass materials to produce cullet for various industries. This…
Gebrüder Weiss acquires Cargo-Link to expand LCL services in North America
Gebrüder Weiss, a 500-year-old international transport and logistics company, has acquired Cargo-Link, a family-owned freight forwarding company based in Salt Lake City, Utah. The deal is part of Gebrüder Weiss’ plans to grow its presence and LCL services in North America, especially in the fast-growing Salt Lake City market. Cargo-Link, founded in 1976, specializes in…
Mirriad signs in-content advertising partnership in Canada
LONDON, UK: Mirriad, the leading in-content advertising company, announced a new partnership in the strategically important North American. Mirriad has signed a partnership agreement with Canada’s largest TV and digital media conglomerate. This partnership represents an important milestone for Mirriad in Canada and a first campaign has already launched there in a premiere series. Mirriad’s…
Sodexo has agreed to acquire Frontline Food Services
PARIS, FRANCE: After acquiring food-tech start-up Foodee and commissary kitchen model Nourish.Inc in 2021, and the continued expansion of The Good Eating Company, Sodexo has agreed to acquire Frontline Food Services, an important player in the fast-growing convenience market in North America. With the acquisition of Frontline, Sodexo will broaden its multi-channel offerings, including click…
Spacetalk to sell adventurer devices in North America
SYDNEY, AUSTRALIA: Spacetalk Ltd. announced its North American launch; online through Amazon, Walmart, Best Buy and Spacetalk websites. Amazon, Walmart and Best Buy together account for nearly 50% of all retail e-commerce in the United States1. In Canada, Best Buy holds an approximately 35% market share for electronics and appliances2. Spacetalk is targeting to launch…