Hindustan Foods Limited (HFL), a diversified FMCG contract manufacturer, announced the acquisition of KNS Shoetech Private Limited (KNS Shoetech). According to the company’s exchange filing, “With regard to the captioned matter and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, please be informed that…
Airwallex, a global payments and financial platform for modern businesses, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This acquisition will enable Airwallex to expand its financial infrastructure into…
Accenture has acquired ON Service GROUP, a leading provider of business process services, specialized in insurance operations. Terms of the transaction were not disclosed. Acquiring ON Service GROUP enhances Accenture’s capabilities in insurance operations, expanding the range of services available to clients in Germany for insurance business processes such as sales and policy administration. The acquisition strengthens…
JK Paper, one of lndia’s largest Paper and Packaging Solutions Companies, enters into Share Purchase Agreement (SPA) for the acquisition of 100% shares of Manipal Utility Packaging Solutions Private Limited (MUPSPL). MUPSPL is engaged in the business of manufacture of Packaging products like Folding Cartons, Corrugated Boxes and Labels with Four (4) manufacturing plants across…
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of…
Accenture has acquired The Storytellers, a U.K. creative management consultancy that partners with CEOs and other C-Suite leaders to develop their narratives to accelerate transformational change and boost performance in their organizations. The acquisition will enhance Accenture’s capabilities in transformational change and further help clients with articulating and activating their vision and change strategies, a statement…
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced its acquisition of Silverline, a digital transformation consultancy and Salesforce partner. Established in 2009 with its headquarters in New York City, Silverline guides clients through every stage of their digital transformation journey with consulting and advisory services, implementation and managed services, and specialty capabilities. By leveraging its…
Blue Yonder, a leading supply chain solutions provider, announced the signing of an agreement to acquire Doddle, a leading first and last mile technology business that was co-founded by Tim Robinson and Sir Lloyd Dorfman. Once completed, the deal will allow Blue Yonder’s already robust suite of supply chain management and commerce offerings to expand with…
After a decade of partnership between LD Sharma and Optimise, LD Sharma through Shoogloo, has bought Optimise India 100% and rebranded to Shoogloo. As part of the changes, LD Sharma has exited the Optimise group, and Optimise has acquired 100% ownership of Optimise APAC. This is part of a change in strategy of Optimise to consolidate its global…
Hedonova expands its Carbon-Credit Ecosystem, focusing on projects in emerging Asian markets to pioneer carbon negativity and eco-conscious developments. Hedonova, a renowned Paris-based hedge fund specializing in alternative assets and a global leader in carbon credit trading, is marking a significant stride in its sustainable investment initiative. With over $4 billion transacted in carbon credits…
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has attracted interest from companies in…
Epsilon Group, India’s premier battery materials manufacturer, announced it has signed an agreement to acquire Johnson Matthey’s lithium-ion phosphate (LFP) cathode active material technology centre in Moosburg, Germany. Financial details of the acquisition remain undisclosed. The state-of-the-art facility boasts best-in-class technical capabilities and a workforce with expertise in LFP chemistry, comprehensive product and process development…
Lineage Logistics, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, announced the acquisition of eight facilities from Burris Logistics (Burris), a leading temperature-controlled food distribution company. The addition of these eight cold storage facilities to Lineage’s warehousing network will provide nearly 1.3 million square feet of capacity and approximately 115,000 pallet…
PA Media Group extends global racing position with acquisition of Asian racing data specialist, iRace Media. Based in Singapore, iRace Media is a leader in the Asian market, working with B2B customers such as The Hong Kong Jockey Club, Singapore Pools, 4Racing and Tabcorp to promote their racing coverage in the region via a range of…
Eli Lilly and Company and POINT Biopharma Global, Inc. announced a definitive agreement for Lilly to acquire POINT, a radiopharmaceutical company with a pipeline of clinical and preclinical-stage radioligand therapies in development for the treatment of cancer. Radioligand therapy can enable the precise targeting of cancer by linking a radioisotope to a targeting molecule that delivers radiation directly…