Vontier Corporation (Vontier) announced that it completed its previously announced acquisition of Invenco, a leading global provider of open platform retailing and payment hardware and software solutions. Invenco will function as part of Gilbarco Veeder-Root (GVR), an operating company within the Mobility Technologies platform, to help expand their software-enabled workflow solutions and subscription business model. As…
Globant, a digitally native technology services company, announced that it had acquired Sysdata, an Italian business and technology consultancy focused on delivering digital transformation. The company has developed a robust service offering and a prosper customer portfolio since it was founded in 1980. With this acquisition, Globant lands in Italy and reinforces its strong presence in Europe. At…
Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, announced that it has acquired a majority stake in one of India’s leading music and entertainment companies, TM Ventures. Together UMI and TM Ventures will work across its talent management, entertainment consultancy and live/events businesses, accelerating UMI’s leadership of the domestic…
Torrent Pharmaceuticals Limited (Torrent Pharma) has entered into definitive agreements to acquire 100% of Curatio Healthcare (I) Private Limited (Curatio) for Rs. 2,000 crores. The consideration includes Rs. 115 crores (on the date of signing) of cash and cash equivalents in the acquired business indicating an Enterprise Value of Rs. 1,885 crores, a statement said.…
With over 70 years of experience in the local and international market, the Swiss-born engineering company Pini Group has now acquired Geodata – a geoengineering company founded in Turin in 1984 and active in 20 countries, with subsidiaries in Italy, Algeria, Argentina, Australia, Bolivia, Brazil, Canada, Chile, Ecuador, Greece, India, Malaysia, Nepal, Portugal, Peru, and Turkey, which is mainly involved in underground and hydro-related…
Kirloskar Oil Engines Limited (KOEL), a leader in the manufacturing of diesel engines, agricultural equipment, and generator sets with a sizable presence in international markets, announced that it will acquire balance stake in La-Gajjar Machineries Private Limited (LGM), Ahmedabad. KOEL had acquired 76% stake in LGM in the year 2017 with an agreement that the…
IDP Education announced its intention to acquire Intake Education, a leading international education organisation, into its global team. Culturally aligned, IDP and Intake are united by the quality support they provide international students, and the leading services they provide institution partners, a statement said. Intake brings to IDP three decades of industry leadership in the…
MX Africa Limited (MXAL), has entered into SPA to acquire the remaining 49 per cent stake in the Kenya-based Quantum Lubricants Limited (QLL). MXAL is the Kenya-based wholly owned subsidiary of Maximus International Limited (MIL). Earlier, in 2019, MXAL had acquired a 51 per cent equity stake in QLL which paved its entry into lubricant…
Shreeji Translogistics Ltd. (STL), an India-based surface logistics and parcel delivery service provider, announced the incorporation of TKD Digitrans Tech Private Limited on September 16, 2022. “STL is happy to announce the incorporation of TKD Digitrans Tech Private Limited (TKD Digitrans) as its 51% subsidiary. One of the primary agenda of TKD Digitrans is to…
Adobe announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for approximately $20 billion in cash and stock. The combination of Adobe and Figma will usher in a new era of collaborative creativity, a statement said. Figma is a design platform for teams who build products…
Wardwizard Foods & Beverages Ltd (formerly known as Vegetable Products Ltd) has plans to enter in to high-quality food and beverage products, as its strategic move, announces that the company is actively in process of acquiring two food brands, VIZ: Yeppy Foods and Safpro. Ward wizard is committed to expanding its business and becoming a…
Accenture has disclosed its intention to acquire Stellantis’ World Class Manufacturing Training & Consulting business, a center of excellence that supports process optimization in manufacturing and the supply chain. The acquisition would allow Accenture to integrate the World Class Manufacturing (WCM) methodology in its solutions that help clients transform their production and supply chain networks to be…
Singapore-headquartered Everstone Capital, private equity arm of the Everstone Group, (Everstone) announces the acquisition of a controlling stake in Softgel Healthcare (SHPL), a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments. This partnership aims to transform SHPL into a scaled, diversified, and globally recognized contract research, development,…
IXL Learning, developer of personalized learning products used by millions of people worldwide, announced it has acquired Emmersion, the Utah-based leader in certifying language ability through artificial intelligence. Emmersion’s platform has conducted millions of automated assessments for corporate and educational institutions, including The World Bank, Randstad, Columbia University, Brown University and the University of Pennsylvania, providing valuable data insights into language…
Qualitest, an AI-powered quality engineering company, announced the acquisition of ZenQ PvT Ltd., an India-based software testing company. This acquisition not only extends Qualitest’s strong geographical footprint in India with ZenQ’s facilities in Hyderabad, but also adds to their NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps, the statement said. Through this acquisition, Qualitest will…