by Malik Runswick | Dec 2, 2021 | Business Law
Orders soared by 64% in the first six months compared with last year and were 34% higher than two years ago, before the pandemic discoverIE Group PLC expects continued strong order growth to deliver full-year profits ahead of its previous forecast, despite supply...
by Malik Runswick | Nov 17, 2021 | Business News
The company is seen as being well placed to benefit from a range of long-term trends, including increased electrification in industrial applications, increased investment in renewable energy and an increase in AI and sensing in the medical sector The disposal...
by Malik Runswick | Nov 17, 2021 | Business Economics
Acal BFi is a lower-margin business and more exposed to cyclical macro changes. Its disposal marks discoverIE’s exit from distribution and “is a positive move up the value chain” Another broker has given the thumbs-up to the disposal by discoverIE Group...
by Malik Runswick | Nov 11, 2021 | Business Law
discoverIE Group’s (discoverIE Group PLC (LSE:DSCV)) Nick Jefferies speaks to Proactive London about the disposal of their Acal BFi to H2 Equity Partners on a debt-free, cash-free basis. The firm will receive an upfront payment of £45.0m in cash, as well as a...
by Malik Runswick | Nov 9, 2021 | Business Ownership
Law enforcement in the U.S. and Europe announced a series of actions aimed at a Russia-linked criminal group behind ransomware attacks that crippled critical infrastructure and businesses, aiming to strike a blow at a scourge the Biden administration has identified as...
