Givex Information Technology Group LTD (Givex), a global fintech company providing merchants with customer engagement, point of sale and payment solutions, has completed the purchase of all of the outstanding shares of Counter Solutions Holdings LTD (Counter Solutions). “The acquisition of Counter Solutions marks the fourth acquisition for Givex in the last 18 months, which…
Actis, a global investor in sustainable infrastructure, has signed an agreement to acquire a majority stake in Levanta Renewables (Levanta), a leading Vietnam and Southeast Asia-focused renewables platform. Founded by Sudhir Nunes, who has significant experience in executing renewable power projects, Levanta has 300MW of onshore wind power projects in advanced development. With Vietnam as…
JSW Neo Energy (JSW Neo), a wholly owned subsidiary of JSW Energy has agreed to acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy (India) Private Limited comprising of 17 SPVs and 1 Ancillary SPV. Necessary definitive agreements have been signed between the parties. The transaction is subject to approval…
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein;…
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises Ltd (AEL), engaged in development, construction, operations and management of roads and highway projects in India, has entered into a definitive agreement to acquire Gujarat Road and Infrastructure Company Ltd (GRICL) (owned 56.8% by Macquarie Asia Infrastructure Fund) and Swarna Tollway Private Ltd…
Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., a world-renowned Internet of Things (IoT) solutions provider, announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of…
Lineage Logistics, LLC. (Lineage), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (CSN). Financial terms of the transaction were not disclosed. “CSN has industry-leading skills in inventory control, compliance and traceability,” Jeff Rivera, Lineage’s Global Chief…
Accenture has acquired Tenbu, a cloud data firm that specializes in solutions for intelligent decision-making and planning through areas such as analytics, big data and machine learning. With more than 150 certifications, Tenbu’s team of 170 data specialists will join the Data & AI team within Accenture Cloud First. Terms of the acquisition were not disclosed. “Our goal is…
Terralogic Software Solutions, a global leader in cybersecurity, IT, and software services, has announced the acquisition of Codebele, a Bellari-based software development company. This is a very strategic acquisition for Terralogic to increase their software development services, and they’ve deemed that Codehive IT Solutions (Codebele) is the ideal firm to partner with as they expand…
SuperCluster Pi (House of Brands) has acquired a majority stake in ByNature, a healthy food brand that specializes in clean sustainable plant-based products. This acquisition will enable SuperCluster Pi to increase its portfolio of brands and capture a larger share of the proactive wellness market. ByNature, a healthy food brand started in 2016 with over…
Control Print Limited, a Coding & Marking solutions provider, announced the acquisition of Markprint BV, a world-wide supplier of high-speed printing and coding solutions. As part of the deal, Control Print has acquired 75% of Markprint B.V. for € 1.5 million through its Dutch Holding Company ControlPrint B.V., a statement said. This is a strategic…
Accenture has acquired Solvera Solutions, a Regina-based company delivering platform-led digital transformation services across Western Canada. Financial terms of the transaction were not disclosed. Founded in 2005, Solvera Solutions has a team of more than 450 professionals with deep consulting and managed service capabilities across ServiceNow, Microsoft and SAP platforms. Solvera Solutions serves clients in the…
German automotive supplier Schaeffler has agreed to buy Sweden’s Ewellix Group from investment company Triton for about 582 million euros ($594 million), according to Reuters report. Schaeffler said the purchase continues the expansion of its industrial division and is expected to lift earnings in 2024. Ewellix, which makes components including telescopic lifting columns, employs nearly…
Cargill and Continental Grain Company announced the completion of the previously announced acquisition of Sanderson Farms, Inc. by a joint venture between Cargill and Continental Grain. The acquisition was announced on August 9, 2021. Sanderson Farms shareholders are receiving $203.00 per each share of common stock they owned as of immediately prior to the completion of the transaction.…
Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS and CCaaS,…