PARIS, FRANCE: Total S.A through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded with 131 megawatt-peak (MWp) of solar projects or 20% of the total up for the seventh round of the CRE 4 (French Energy Regulatory Commission) tender for ground-mounted solar parks, as well as 5.6…
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Tufton Oceanic Assets acquires Handysize Bulk Carrier for $7.0mn
LONDON, UK: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $7.0 million. The vessel has a fixed rate time charter for six to eight months to a major agricultural commodity trading and logistics company. The yield during the charter is in line with the targets…
Increased sales demand from China in response to COVID-19
BEIJING: LiDCO, a leading supplier of hemodynamic monitoring company, announced that its Chinese distribution partner Beijing Gloryway Medical Company recently sold a small number of monitors in Wuhan, China as a direct response to the COVID-19 virus outbreak. A number of LiDCOrapid monitors had already been installed in the city prior to the COVID-19 outbreak….
Bunzl acquires UK based safety business Bodyguard Workwear
LONDON: Bunzl plc, the specialist international distribution and services Group, has acquired a further safety business in the UK. Bodyguard Workwear, which is based in Birmingham, is engaged in the distribution of safety workwear and other personal protection equipment, principally to end user customers operating in the rail sectors in the UK and Ireland. Revenue…
NZCS agrees to acquire nutraceutical manufacturer Kiwi Dreams International
NEDLANDS: New Zealand Coastal Seafoods Limited (NZS) has agreed to acquire 100% of the issued share capital of New Zealand based Nutraceutical Manufacturer and Developer, Kiwi Dreams International Limited (KDI) from the shareholders Tony Dowd, Grant Washington-Smith and Rinku Singh. The consideration for the Acquisition will be satisfied by the issue of 16 million ordinary…
Walker Greenbank’s Scion homeware collaborates with NEXT
LONDON: Walker Greenbank, the luxury interior furnishings group, announced that its Scion brand has secured a licensing collaboration with major retailer NEXT, which will see NEXT create and sell an extensive range of homeware, nursery and fashion items. Launching in July this year, the range will be available both online at NEXT.CO.UK and in selected NEXT stores….
ECS Botanics Hemp Seed Oil is on shelf in Woolworths
SYDNEY: ECS Botanics Holdings Ltd announced its Hemp Seed Oil is now on shelves in Woolworths stores nationally, following the deal signed through its distribution partner Just Foods Australia Pty Ltd (JFA) in November 2019. First cash receipts from JFA, for Woolworths stocked product, are expected during the current quarter. In addition, two varieties of…
Attraqt becomes BigCommerce Technology Partner
LONDON: Attraqt Group plc has been named a BigCommerce Technology Partner, providing more than 60,000 BigCommerce customers with access to Attraqt’s experience orchestration platform which enables retailers to implement highly relevant, cross-channel search, merchandising and personalisation capabilities at scale. BigCommerce provides a robust eCommerce solution that handles all of the transactional elements of the shopper…
DP World completes acquisition of Fraser Surrey Docks
DUBAI: DP World PLC has announced the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP). MIP is a fund managed by the Macquarie Infrastructure and Real Assets (MIRA) division of Macquarie Group. The purchase consideration is below 2.5% of DP World’s net asset value as of FY20181. The acquisition will be effected through…
Malaysian authorities approve two Pakistani meat plants for exports to Malaysia
KARACHI: Malaysian authorities have approved two Pakistani establishments for exporting meat and its allied products to Malaysia, which would open a new meat export market for the country, Trade Development Authority of Pakistan (TDAP) said. Pakistan exports around four percent of beef and veal produced in a year. This is despite a fact that the…
Bisalloy signs Q&T steel products supply agreement with Leong Jin
SYDNEY: Bisalloy Steel Pty Ltd has announced the signing of a supply agreement with Leong Jin (Changzhou) Special Steel Co. Ltd through which a broader range of premium wear and structural Q&T steel products will be supplied exclusively to the Australian market to service growing customer demands and enter new market segments. Bisalloy has undertaken…
TDAP to participate at Automechanika Istanbul 2020
KARACHI: The automotive industry is one of the four “locomotives” of the Turkish economy. It assembles some of the country’s largest exporters and represents one of the leading investor industries. Trade development authority of Pakistan (TDAP) will participate with Pakistan pavilion in Automechanika Istanbul 02-05, 2020. TDAP is providing subsidized stalls to increase the exports…