SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. announced the signing of a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. According to the agreement, Horisont Energi and Koole…
LONDON, UK: Royal Mail’s subsidiary, General Logistics Systems (GLS), has agreed to acquire Canadian logistics company Mid-Nite Sun Transportation Ltd, one of the largest independent freight carriers in Western Canada that operates as ‘Rosenau Transport’. The total consideration is C$360.0…
LONDON, UK: Volex plc, the global supplier of integrated manufacturing services and power products, has signed a share purchase agreement for the acquisition of the entire issued share capital of Prodamex SA de CV and Terminal & Cable TC Inc.,…
HIDD, KINGDOM OF BAHRAIN: SULB, a major steel producer serving international markets, inaugurated the newly constructed Wharf. The new private port facility, located at Salman Industrial City in Hidd, is set to significantly enhance the company’s supply chain and deliver…
PARIS, FRANCE: Air Liquide has announced the acquisition of Betamed S.A., a major home healthcare provider in Poland. Betamed specialises in the care of patients with severe pathologies, either at home or in its specialised clinic in Chorzów in Silesia….
JERSEY, CHANNEL ISLANDS: Serinus Energy plc has incorporated a new gas trading subsidiary, Serinus Energy Romania Trading S.r.l. The gas trading subsidiary will initially trade the company’s Romanian gas production not committed under its marketing agreement with Vitol into the…
LONDON, UK: Marlowe plc has acquired water treatment and compliance services provider Sterling Hydrotech Holdings Limited for an enterprise value of £1.75 million. Founded in 1988, Sterling Hydrotech is based in Derbyshire and employs approximately 40 staff. The acquisition provides…
LONDON, UK: Stelrad Radiator Group, a leading specialist manufacturer and distributor of steel panel radiators, is considering an initial public offering (IPO) and intends to publish a registration document today. Stelrad is considering applying for admission of the Ordinary Shares…
PALO ALTO: AppLovin Corporation, a leading marketing software company, has entered into a definitive agreement to acquire Twitter Inc.’s MoPub business for approximately $1 billion. The closing of the transaction is subject to customary conditions and regulatory approvals. “We are…
LONDON, UK: Falanx Group Ltd, the AIM listed cyber security company, has entered into an agreement to dispose of its Assynt Strategic Intelligence Division (Assynt) for an estimated cash consideration of £4.6 million to Cross Atlantic Solutions LLC (CAS). Falanx…
KARACHI: Air Link Communication is planning to incorporate a wholly owned subsidiary, Select Technologies (Pvt) Ltd, to take on additional mobile manufacturing of specific brands with an investment of Rs.500 million. For this purpose, Air Link Communication is increasing share…
STOCKHOLM, SWEDEN: Fabege AB has acquired SHH Bostad AB, a real estate development company with a focus on residential and local authority properties. Fabege’s strategy of optimising the value of its residential development rights portfolio is thereby being reinforced by…