Posts By: Soujanya Ravi

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Thermo Fisher to acquire viral vector CDMO Brammer Bio for $1.7bn

Global life sciences company Thermo Fisher Scientific has agreed to acquire Massachusetts-based Brammer Bio from Ampersand Capital Partners for about $1.7 billion in cash. Brammer Bio is a viral vector contract development and manufacturing organization (CDMO) serving bipharma companies seeking to develop and commercialize gene therapies. The CDMO was formed in 2016 through the merger […]

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Martin Bauer acquires plant-based ingredients firm BI Nutraceuticals

Martin Bauer acquisition of BI Nutraceuticals : Global botanical expert Martin Bauer Group has acquired BI Nutraceuticals, a US-based plant-based ingredients manufacturer and supplier for an undisclosed price, as per the latest food acquisition news. Headquartered in California, BI Nutraceuticals supplies dietary supplement and functional food ingredients such as plant-based powders and teas, standardized and […]

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ACI to Western Union’s US domestic bill pay business Speedpay for $750m

ACI acquisition of Speedpay : Payment systems company ACI Worldwide has signed a $750 million all-cash deal to acquire the US domestic bill pay business of Western Union, which operates under the brand Speedpay. Speedpay offers electronic bill presentment and payment solutions to various business sectors in the US. Its clients include utilities, telecommunications, insurance, […]

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Enel breaks ground on 497MW Roadrunner solar plant in Texas

Solar industry news : Enel Green Power North America has broken ground on the 497 MW Roadrunner solar plant in Texas, which is expected to be the largest solar project in the US state. The Roadrunner solar project, which is being built in Upton county, marks Enel’s second project to break ground in Texas this […]

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Amazon to acquire mesh WiFi system provider eero

Amazon acquisition of eero : E-commerce giant Amazon has agreed to acquire mesh WiFi system provider eero for an undisclosed price. Eero replaces the traditional router and blankets the whole home in fast, reliable WiFi by using the concept of mesh networking. Through this concept, an eero mesh wifi system eliminates coverage issues and dead […]

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ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum

US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company (ADNOC) for a participation fee of AED893 million ($244 million). The concession agreement signed by the two parties will be valid for 35 years. Onshore Block 3 is an onshore […]

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