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Innospec completes acquisition of QGP Química

December 12, 2023 10:14 am
Innospec Inc said on Monday that it had finalized the acquisition of QGP Química Geral, a leading specialty chemicals company headquartered in Brazil. However, the company did not disclose any financial details regarding the agreement. The acquisition of QGP is expected to add new surfactant and other specialty chemistries to Innospec’s global portfolio in key […] Read more

Manchester United, MLILY announce partnership extension

December 11, 2023 12:15 pm
Manchester United and MLILY, a leading mattress and pillow manufacturer, announced that they had extended their years-long global partnership. The latter is to extend the range of quality rest, recovery and relaxation products available for both players and consumers. Manchester United and MLILY formed the partnership in 2016 and have since then collaborated on a […] Read more

Arkema inks 20-year renewable electricity contract with EDF

December 11, 2023 10:08 am
Arkema announced on Monday that it had inked a 20-year contract with EDF Renewables for the supply of 20 GWh per year of renewable electricity. Under this partnership, beginning from 2026, 70% of the electricity consumption in Bostik’s 8 French sites will be generated by solar energy. The agreement is consistent with Arkema’s efforts to […] Read more

Brown & Brown buys Automotive Business Solutions

December 10, 2023 10:29 am
Brown & Brown Inc said on Friday that it had agreed to acquire Automotive Business Solutions (ABS). ABS is a leading administrator of warranty products in the automotive aftermarket, as it provides nationwide parts and labor repair warranties, national road hazard programs and component-specific warranties. The ABS team will still be headed by Chief Executive […] Read more

Acreage appoints Interim Chief Financial Officer

December 9, 2023 10:20 am
Acreage Holdings Inc said on Friday that Philip Himmelstein, who currently serves as Vice President of Financial Planning and Analysis, would assume the role of Interim Chief Financial Officer, effective December 31st. Carl Nesbitt has decided to step down from the role of Chief Financial Officer in pursuit of new opportunities, the company said. Nesbitt […] Read more

Bitdeer mines a total of 403 Bitcoins in November

December 8, 2023 7:26 am
Bitdeer Technologies Group said on Thursday that it had mined 403 Bitcoins in November. That figure represented a 12.8% decrease compared to October, mostly because of a temporary curtailment of power and the mining machines downclocking at the company’s mining facilities in Norway. On the other hand, November’s result represented an 81.5% surge compared to […] Read more

ASSA ABLOY announces acquisition of US-based Ghost Controls

December 7, 2023 10:52 am
ASSA ABLOY said on Thursday that it had acquired Ghost Controls, a US-based supplier of automated residential gate openers. Established in 2015, Ghost Controls currently employs about 40 people. The US company’s revenue for the full year 2022 stood at around $30 million (nearly SEK 300 million) with a strong EBIT margin. The acquisition will […] Read more

Knightscope announces new CFO appointment

December 7, 2023 8:26 am
Knightscope Inc, a developer of autonomous security robots and blue light emergency communication systems, said on Wednesday that it had appointed Apoorv S Dwivedi as its next Executive Vice President and Chief Financial Officer, effective January 2024. Meanwhile, Mallorie Burak, President and CFO, is to step down from those roles in early January in pursuit […] Read more

MYND Life Sciences names new Chief Executive Officer

December 6, 2023 12:27 pm
MYND Life Sciences Inc, a bio-pharmaceutical research and development company, announced on Tuesday that it had appointed John Campbell as President and Chief Executive Officer with immediate effect. Campbell has a vast experience in new business development, mergers, acquisitions and corporate turnarounds. Previously, Campbell was the President and Co-Founder of Odyssey Trust Company. He holds […] Read more

ASSA ABLOY announces acquisition of Canada’s Leone Fence

December 5, 2023 12:24 pm
ASSA ABLOY said on Tuesday that it had acquired Leone Fence, an Ontario, Canada-based manufacturer, distributor and installer of fencing products for commercial and residential applications. Established in 1975, Leone Fence currently employs about 60 people. The Canadian company’s revenue for the full year 2022 stood at around CAD 39 million (nearly SEK 300 million) […] Read more