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…
Tag: acquisition
PA Media Group acquires horse racing data company iRace Media
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•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…
Lilly to acquire POINT Biopharma
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•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…
Gradiant announces acquisition of H+E Group
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•Gradiant, a global solutions provider for advanced water and wastewater treatment, announced its acquisition of H+E Group (Hager+Elsässer), an established European water solutions provider with over 100 years of experience in providing end-to-end solutions to advanced manufacturing. This acquisition underscores Gradiant’s commitment to delivering leading-edge solutions for the semiconductor sector and represents the company’s first…
Accenture acquires SIGNAL
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•Accenture has acquired SIGNAL, an integrated marketing firm based in Tokyo, Japan. The acquisition further strengthens Accenture’s ability to support clients’ marketing transformation across owned, paid and earned media. SIGNAL, previously owned by VECTOR, the largest PR group in Japan, offers integrated marketing services combining capabilities across public relations, social media management, influencer marketing, advertising operations,…
Halifax agrees to acquire the Worldwide Home Care Division of Sodexo
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•The Halifax Group (Halifax), a middle market private equity firm that partners with management to invest in market-leading companies, announced that it has agreed to acquire the Worldwide Home Care division of Sodexo, including their home care subsidiaries in the U.S., U.K., Ireland, France, Denmark, Norway, Sweden and Brazil. “We are thrilled to partner with…
Kaleyra, Inc. stockholders approve proposed acquisition by Tata Communications Limited
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•Kaleyra, Inc. (Kaleyra), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current…
Blattner Technologies announces acquisition of The Indoor Lab
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•Blattner Technologies, a global leader in Artificial Intelligence, has announced its acquisition of The Indoor Lab — a cutting-edge lidar analytics company with AI-powered, advanced perception software and end to end data analytics. Earlier this month The Indoor Lab announced a partnership with Tampa International Airport to create the “world’s first Living Lidar Lab partnership.” Now, the…
Aramco to enter global LNG business by acquiring stake in MidOcean Energy
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•Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors. MidOcean Energy is currently…
Azurity Pharmaceuticals acquires KKR-backed Slayback Pharma
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•Azurity Pharmaceuticals, Inc. (Azurity) announced the closing of its acquisition of Slayback Pharma LLC (Slayback) from existing investors including KKR, a leading global investment firm, and Everstone Capital. Slayback is now a wholly-owned subsidiary of Azurity. The acquisition brings together companies with complementary strengths, enhancing Azurity’s ability to realize its purpose of Serving Overlooked Patients. The…
Xsolla announces acquisition of AcceleratXR
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•Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service games and software. The AcceleratXR platform and network engine offer robust scalability, supporting experiences across multiple platforms and devices. It functions similarly to an operating system optimized for modern interactive digital…
SYNTAGMA CAPITAL to acquire Lennox’ European Commercial HVAC and Refrigeration Divisions
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•Syntagma Capital announced that it has entered into exclusive negotiations with Lennox International to acquire its European Commercial HVAC and Refrigeration businesses. The HVAC division designs and manufactures commercial heating, air conditioning and air handling equipment. The Commercial Refrigeration division designs and manufactures commercial evaporators, condensing units, condensers, and dry coolers. The Businesses serve customers…
Cisco announces acquisition of Splunk
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•Cisco and Splunk, the cybersecurity and observability leader, announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins, a statement said. The acquisition builds…
CrowdStrike announces acquisition of Bionic
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•CrowdStrike announced it has agreed to acquire Bionic, the pioneer of Application Security Posture Management (ASPM). The combination will extend CrowdStrike’s leading Cloud Native Application Protection Platform (CNAPP) with ASPM to deliver comprehensive risk visibility and protection across the entire cloud estate, from cloud infrastructure to the applications and services running inside of them. As a…
Pharmanovia acquires Global CNS portfolio from Sanofi
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•Pharmanovia, a global pharmaceutical company that commercialises novel medicines and revitalises, extends and expands the lifecycle of established medicines, has announced the expansion of its neurology portfolio with the acquisition of 11 central nervous system (CNS) brands from global healthcare company, Sanofi. The brands span four therapy areas of ongoing unmet need associated with CNS…