Ami Organics Limited, a global manufacturer of advance pharmaceutical intermediates and speciality chemicals, announced that board has approved acquisition of 55% partnership interest in Baba Fine Chemicals, a fine speciality chemicals company focused on custom synthesis and manufacturing of intermediates. This acquisition heralds AMI Organics’ foray into the high entry barrier semiconductor industry. The acquisition…
Verlinvest, an international, family-backed evergreen investment company, announced its entry into India’s healthcare sector, with the acquisition of a controlling stake in Ferty9 Fertility Center, a premier chain of fertility clinics in the AP/Telangana region that was founded by Dr. C. Jyothi Budi and her partners in 2013. This investment will enable Ferty9 to expand…
Marksans Pharma Ltd., one of the fastest-growing pharmaceutical companies in India, has completed the acquisition of a manufacturing site from Tevapharm India in Plot No. Al, Phase l-A, Verna Industrial Estate, Verna, Goa 403722, India. The acquisition was first announced in October 2022. With the completion of the acquisition, Marksans will start operating at the…
The Hershey Company announced it has entered into a definitive agreement to acquire two manufacturing plants from Weaver Popcorn Manufacturing, a recognized leader in popcorn production and co-packing, and a co-manufacturer of Hershey’s SkinnyPop brand. Through the deal, Hershey will acquire Weaver’s operations in Bethlehem, Pennsylvania and Whitestown, Indiana, a statement said. The acquisition is designed to enable the company to…
Trusted Data Solutions (TDS), the foremost expert in legacy data management, has recently acquired Assured Data Technologies (ADT), an India-based digital solutions and services company. To meet customer demand, TDS has long provided data management services in the Asia/Pacific region, and this acquisition will further support international clients in India and strengthen APAC capacities, a statement said. TDS and ADT…
Samvardhana Motherson International Limited (SMIL) (formerly Motherson Sumi Systems Limited) announced it has acquired additional 30% stake in Youngshin Motherson Auto Tech Limited (YMAT). According to the company’s exchange filing, “The Board of Directors of Samvardhana Motherson International Limited (formerly Motherson Sumi Systems Limited) (the “Company”) at their meeting held on April 17, 2023 approved…
On April 17, 2023, Solteq has signed a business transfer agreement, whereby the Group’s ERP business based on Microsoft Dynamics 365 Business Central and LS Retail solutions will be sold to Azets. The completion of the Transaction is estimated to take place on May 2, 2023. The completion of the Transaction is subject to customary preconditions. In…
Full-service BPO MattsenKumar has been acquired by Bill Gosling Outsourcing (BGO), a growing international BPO headquartered in Toronto, Canada. With this transaction, Bill Gosling Outsourcing gains a strong foothold in the coveted Indian BPO market, while MattsenKumar will be merged into its global footprint to further enhance service delivery capabilities. The acquisition combines BGO’s proven track record…
Emerson, a global technology and software company, and NI announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion. Emerson already owns approximately 2.3 million shares of NI, representing approximately 2% of shares outstanding, which were acquired at a weighted…
Triton International Limited (Triton) and Brookfield Infrastructure Partners L.P. (“BIP”), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”), jointly announce a definitive agreement for Triton to be acquired in a cash and stock transaction valuing the Company’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3…
KFin Technologies Limited (KFintech), a provider of global investor and issuer solutions, today announced its decision to invest and acquire 100% equity stake into WebileApps (India) Private Limited (“WebileApps”), a Hyderabad-based enterprise product development and design company specialising in artificial intelligence, machine learning, mobility solutions, UI / UX, and other products development for banking and…
ArisUnitern, a Real Estate Service Provider providing end-to-end consulting services, has acquired a significant stake in Kaleido Realty, a Real Estate advisory firm that helps real estate companies with sales and marketing launchpad. The stake was acquired through a combination of cash and stock, with the goal of providing seamless operational solutions to stakeholders in…
Mars, Incorporated (Mars) and Heska Corporation (Heska) announced that they have entered into a definitive agreement under which Mars will acquire Heska, a global provider of advanced veterinary diagnostics and specialty products, for $120.00 per stock. Upon closing of the transaction, Heska will merge with Mars Petcare, a global company that serves companion animals and…
True Value Company, one of the world’s largest hardlines wholesalers, announced it has purchased certain assets of Nova Wildcat Shur-Line Holdings, Inc., including the Shur-Line and WordLock range of products. “Acquiring Shur-Line’s products is an excellent strategic fit for True Value as we continue to invest in our strong portfolio of paint and paint products,”…
Borosil Limited (Borosil) has signed a binding share purchase agreement (SPA) through its subsidiary Klass Pack Limited (KPL) to acquire an initial 90.17% stake (with a provision to increase its stake up to 100%) in Goel Scientific Glass Works Limited (GSGWL). Upon completion of the transaction, GSGWL will become a subsidiary of KPL and in…