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IMCD acquires Blumos Group to accelerate its growth in the life science markets in Latin America

Photo_IMCD acquires Blumos Group to accelerate its growth in the life science markets in Latin AmericaPhotographed, from left to right:•Roberto Blum, CEO Blumos Group •Myriam Araya, General Manager Solutec•Nicolas Kaufmann, Latin America President IMCD•Ofelia Carranza, General Manager Sonutra Blumos•Nicolas Kantorowicz, General Manager Blumos S.AROTTERDAM, The Netherlands (17 October 2024) – IMCD N.V. (“IMCD” or “Company”), a global leading distributor of speciality chemicals and ingredients, today announces that it has signed an agreement to acquire 100% of the shares in Importadora y Distribuidora Blumos SpA, Transportes Blumos SpA, Comercial e Industrial Solutec SpA, all in Chile, Sonutra Blumos SAC in Peru and Blumos S.A. in Argentina (jointly the “Blumos Group”). Established in 1945 and headquartered in Santiago, Chile and...

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Celularity Expands Advanced Biomaterial Product Commercial Portfolio with Acquisition of Rebound™ Product from Sequence LifeScience, Inc.

FLORHAM PARK, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) — Celularity Inc. (Nasdaq: CELU) (“Celularity”), a regenerative and cellular medicine company, today announced that it had added to its commercial portfolio of placental-derived advanced biomaterial products with the acquisition of Rebound, a full thickness placental-derived allograft matrix product, from Sequence LifeScience, Inc. (“Sequence”). “Rebound adds to our portfolio of placental-derived advanced biomaterial products, sales of which through the first half of 2024 were in excess of $24 million, which is greater than our full year sales in 2023,” said Robert J. Hariri, M.D., Ph.D., Chairman, CEO and founder of Celularity. “We expect Rebound sales to contribute meaningfully in the fourth quarter 2024 and to fulfill expected full year 2024 biomaterial sales which we announced...

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Sienna Senior Living Expands Into Alberta With Portfolio Acquisition

MARKHAM, Ontario, Oct. 16, 2024 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company“) (TSX: SIA) announced today that it has entered into an agreement to acquire a portfolio of four continuing care homes in Alberta, consisting of 540 suites in the Calgary Metropolitan Region, Edmonton, Fort Saskatchewan and Medicine Hat (the “Portfolio” or “Acquisition”) for an aggregate purchase price of $181.6M.High quality portfolio built to the highest building standards with an average age of less than three years; Immediate scale in the highly attractive Alberta continuing care segment with strong supply/demand fundamentals; Government funding for 100% of care services from the Alberta Health Services (“AHS”); High occupancy with three of the four properties exceeding 98%...

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Move Health Acquires Fountain Wellness and Enters into Medical Spa and Longevity Industry

VANCOUVER, British Columbia and TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — Move Health Holdings Corp. (“Move Health”), a national primary and allied healthcare company, has today announced the acquisition of Fountain Wellness, multidisciplinary healthcare clinic and medical spa, located in the Lower Mainland, BC. “We are delighted to welcome the Fountain Wellness team to Move Health,” said Gary Prihar, Chair & CEO, Move Health. “Their licensed and registered practitioners offer a comprehensive range of healthcare services including chiropractic, physiotherapy, kinesiology, clinical counseling and occupational health. Additionally, Fountain Wellness is a significant brand in the medical spa industry and signals Move Health’s entry into a new and complimentary business segment in med spa and longevity services,” continued Prihar. Fountain...

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WENDEL: Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group

PRESS RELEASE – OCTOBER 16, 2024 Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group Wendel (Euronext: MF.FP) has completed the acquisition of c.50% of Globeducate, one of the world’s leading international K-12 education groups, from Providence Equity Partners, (“Providence”), a premier private equity firm specializing in growth-oriented investments in media, communications, education and technology. Wendel invested €625 million of equity, at an Enterprise Value of c.€2 billion1, to join Providence, which has been the Globeducate reference shareholder since 2017, and both firms will now own c.50% of the group. Founded in 1972 in Spain, Globeducate provides K-12 (primary and secondary) education through a network of 67 premium bilingual and international schools, as well as online...

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Legend Senior Living® Assumes Management of Two Senior Living Communities in Bucks County, PA

WICHITA, Kan., Oct. 16, 2024 (GLOBE NEWSWIRE) — Legend Senior Living, with headquarters in Wichita, KS, has announced that it will assume operation of two Heartis senior living residences in Bucks County, PA. Heartis of Bucks County will become Revelle Senior Living of Bucks County and Heartis Village of Yardley will become The Remington of Yardley Personal Care & Memory Care. Revelle offers independent living, personal care and memory care, while The Remington offers personal care and memory care. This will make a total of 62 senior living properties operated or owned by Legend in six states, with eleven in Pennsylvania, four of which are in the Philadelphia area. Revelle is an upscale, resort-style, active lifestyle experience tailored to individual tastes in a contemporary setting. The Remington features a neoclassical...

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Biopreservation Market to Reach Market Valuation of USD 20.54 Billion by 2031 | SkyQuest Technology

Biopreservation Market size was valued at USD 2.18 billion in 2022 and is poised to grow from USD 2.80 billion in 2023 to USD 20.54 billion by 2031, growing at a CAGR of 28.30% during the forecast period (2024-2031) Westford, USA, Oct. 16, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Biopreservation Market will reach a value of USD 20.54 Billion by 2031, with a CAGR of 28.30% during the forecast period (2024-2031). Biopreservation market comprises the use of controlled or natural microbiota and by-products to improve the safety and shelf-life of pharmaceuticals and food. The market is driven by growing food safety concerns, a shift towards clean-labeled products, and rising demand for natural preservatives. Moreover, heavy investments in R&D and improvements in biotechnology are notably impacting the growth of...

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Invesco Ltd: Form 8.3 – Learning Technologies Group PLC; Public dealing disclosure

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Learning Technologies Group PLC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable...

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DZS Sells Service Assurance and WiFi Management Software Portfolio to AXON Networks

Transaction expands the strategic partnership between both companies and enables DZS to focus on its category-defining Broadband Networking, Connectivity and Cloud Edge portfolio DALLAS and IRVINE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — DZS (OTC: DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions and AXON Networks (AXON), a global leader of advanced Service Management and Orchestration solutions, today announced the acquisition of DZS’ Service Assurance and WiFi Management software portfolio by AXON Networks. The all-cash, $34 million transaction transfers all CloudCheck, Expresse and TruSpeed assets and IP patents to AXON, along with a highly skilled development team and long-time marquee customers. These products will be integrated into AXON’s Network-as-a-Service (NaaS) portfolio, while DZS...

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Text Request Acquired by Commify to Further U.S. Market Expansion

Commify’s largest acquisition to-date doubles its scale in the United States and positions both brands for significant growth.Commify LogoCommify LogoText Request Acquired by Commify to Further U.S. Market ExpansionCommify Adds Text Request to Portfolio of Messaging BrandsCHATTANOOGA, TENN., Oct. 16, 2024 (GLOBE NEWSWIRE) — Text Request, the business text messaging platform founded and headquartered in Chattanooga, Tennessee, today announced its acquisition by the U.K-based global messaging solutions leader Commify. Text Request will remain in Chattanooga, and become a base for further U.S. market expansion. Text Request was founded in 2014 by Brian Elrod, Jamey Elrod, and Rob Reagan to help businesses better connect with their customers through text messaging. In the decade since, the company has garnered numerous...

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