Samsung to Sell Seven Solar Parks Located in Bulgaria

Samsung to Sell Seven Solar Parks Located in Bulgaria

Samsung’s green energy business in Bulgaria will be acquired by a consortium of Luxemburg-registered fund KGAL and Czech family group Micronix. The competitive process was launched in April 2018; however, deal value was not officially disclosed. Experts in the photovoltaic (PV) field suggest the combined market price of the assets, located near the city of […]

>> Samsung to Sell Seven Solar Parks Located in Bulgaria
Niantic, The Creator of Pokemon Go, Attracted $190 M in a Third Round of Funding for Their New Augmented Reality Game – Harry Potter

Niantic, The Creator of Pokemon Go, Attracted $190 M in a Third Round of Funding for Their New Augmented Reality Game – Harry Potter

Niantic, US software company and creator of the popular augmented reality game Pokemon Go, has attracted a third round venture capital funding of $190 M from 26 institutions. IVP, aXiomatic Gaming and Samsung are among the investors. So far, Niantic has attracted a total of $415 M from investors such as Founders Fund, Spark Capital […]

>> Niantic, The Creator of Pokemon Go, Attracted $190 M in a Third Round of Funding for Their New Augmented Reality Game – Harry Potter
CDRL, the Polish Kids Clothing Company, Acquires 90% of the Belarussian Children Clothing Retail Chain Buslik

CDRL, the Polish Kids Clothing Company, Acquires 90% of the Belarussian Children Clothing Retail Chain Buslik

The Belarus-based company West Ost Union, owner of the children clothing retail chain Buslik, attracted a strategic partner by selling a majority share to the Polish company CDRL that is known for its Coccodrillo brand of kids clothing. CDRL also bought out the share in West Ost Union of the European Bank for Reconstruction and […]

>> CDRL, the Polish Kids Clothing Company, Acquires 90% of the Belarussian Children Clothing Retail Chain Buslik
Football Talent Discovery App to Secure a €5.5 M in Series A Funding

Football Talent Discovery App to Secure a €5.5 M in Series A Funding

Tonsser, a start-up which offers football performance app and online community for young players, has raised €5.5 M in Series A funding round led by Alven Capital. The Denmark-based start-up allows players to track their performance and showcase their potential to teammates, coaches and scouts across Europe. So far launched in eight European countries, including […]

>> Football Talent Discovery App to Secure a €5.5 M in Series A Funding
Hitachi Ltd. to Acquire 80.1% of ABB for $11 Bn.

Hitachi Ltd. to Acquire 80.1% of ABB for $11 Bn.

Japanese conglomerate Hitachi Ltd. has signed an agreement for the acquisition of 80.1% from the Swiss-Swedish automation company ABB in a $11 Bn deal, according to a press release from 17 December. Subject to regulatory approvals and fulfillment of closing conditions, the deal is expected to end by the first half of 2020. ABB is […]

>> Hitachi Ltd. to Acquire 80.1% of ABB for $11 Bn.
Arla Foods to Acquire Kraft-Branded Cheese Business from Mondelēz International

Arla Foods to Acquire Kraft-Branded Cheese Business from Mondelēz International

Arla Foods, а Denmark-based dairy cooperative, has announced the acquisition of Mondelēz International’s processed cheese business in the Middle East region. According to Arla’s press release, financial terms of the agreement were not disclosed. The deal is expected to be closed by the end of May 2019. Mondelēz’s Kraft-branded cheese business in the Middle East […]

>> Arla Foods to Acquire Kraft-Branded Cheese Business from Mondelēz International
Procter & Gamble Acquires Walker & Company, a Health and Beauty Start-Up

Procter & Gamble Acquires Walker & Company, a Health and Beauty Start-Up

Walker & Company Brands, a startup making health and beauty products for people of color, has been acquired by consumer giant Procter & Gamble. Financials of the transaction were not disclosed. The acquired company will operate as a wholly-owned subsidiary of the larger organization with its 15-person team moving to Atlanta. Walker & Company Brands was […]

>> Procter & Gamble Acquires Walker & Company, a Health and Beauty Start-Up
The Global Healthcare Technology Provider Clanwilliam Group Acquires Dictate IT

The Global Healthcare Technology Provider Clanwilliam Group Acquires Dictate IT

Clanwilliam, а healthcare technology group based in Ireland, acquired Dictate IT, a local provider of digital dictation, outsourced transcription, and speech recognition services to 27 healthcare providers in the UK and Ireland. The seller was advised by SORTIS’ UK partner in the Globalscope M&A Advisors network Silverpeak, who focuses on financial advisory to innovative technology […]

>> The Global Healthcare Technology Provider Clanwilliam Group Acquires Dictate IT
Dapper Labs, Developer of Blockchain App CryptoKitties, Receives $15 M in Financing Round Led by Rockefeller Venture Arm

Dapper Labs, Developer of Blockchain App CryptoKitties, Receives $15 M in Financing Round Led by Rockefeller Venture Arm

Dapper Labs, the company behind the world’s first and most successful consumer blockchain product, CryptoKitties, has raised $15M in financing led by Venrock, the official venture capital arm of the Rockefeller family, with participation from GV (formerly Google Ventures) and Samsung NEXT. The round was also supported by existing Dapper Labs investors, including Andreessen Horowitz, […]

>> Dapper Labs, Developer of Blockchain App CryptoKitties, Receives $15 M in Financing Round Led by Rockefeller Venture Arm
CJ CheilJedang Acquires Frozen Food Brands Kahiki of US and Mainfrost of Germany

CJ CheilJedang Acquires Frozen Food Brands Kahiki of US and Mainfrost of Germany

Following its goal to become a global food name, South Korea’s food giant CJ CheilJedang Corp. acquired US-based Kahiki Foods and Germany’s Mainfrost. The two acquisitions are completed, however financial terms were not disclosed. CJ Cheiljedana Corp’s strategy is aimed at strengthening its competitiveness in the global food business and further expanding its capabilities in […]

>> CJ CheilJedang Acquires Frozen Food Brands Kahiki of US and Mainfrost of Germany