Divestiture News

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital (“Windjammer”) today announced it has signed a definitive agreement to sell its portfolio company, IPS Group, Inc. (“IPS” or the “Company”), to Nayax Ltd. (NASDAQ; TASE: NYAX, “Nayax”) for $350 million cash-free and debt-free. Headquartered in San Diego, California, IPS is a leading provider of mission critical smart parking infrastructure, offering a fully integrated ecosystem spanning smart single- and multi-space met...

ROUYN-NORANDA, Québec--(BUSINESS WIRE)--Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (FRANKFURT: 3V41) is pleased to announce that it has entered into a purchase and sale agreement dated August 24, 2026 (the "Agreement") with PMET Resources Inc. ("PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) and Noranda Royalties Inc. (“Noranda Royalties”), pursuant to which PMET will acquire a 100% interest in the Company's wholly owned 78 exclusive exploration rights compr...

CHICAGO--(BUSINESS WIRE)--James Hardie Industries plc (NYSE / ASX: JHX) (“James Hardie” or the “Company”), a leading provider of exterior home and outdoor living solutions, today announced a strategic divestiture of its European operations to further align the Company’s portfolio with its long-term growth strategy. The Company has entered into an agreement to sell its sustainable walling and flooring solutions business Fermacell in Europe, including the fermacell® and Aestuver® brands, to Holci...

LEWISVILLE, Texas--(BUSINESS WIRE)--Ever.Ag, a global agri-food technology leader, today announced that it has completed the sale of its Risk Management business to funds managed by Stone Point Capital (“Stone Point”), a leading alternative investment firm focused on the global financial services industry and related sectors. As a result of the transaction, the Risk Management business will operate as an independent company under the leadership of its current management team and will transition...

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Kerrigan Advisors, the leading exclusive sell-side advisor and thought partner to auto dealers nationwide, represented Car Pros Automotive Group, a leading Southern California dealership group, in the sale of Car Pros Kia Huntington Beach to Sutherlin Automotive Group, which recently acquired the Subaru and Volkswagen franchises in the market and also owns dealerships in Tennessee and Alabama. Car Pros Kia Huntington Beach ranked as the #1 Kia dealer in O...

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified lemon and avocado growing and lemon packing company with related agribusiness activities and real estate development operations, today announced its wholly owned subsidiary, Windfall Investors, LLC, entered into a Purchase and Sale Agreement to sell Windfall Farms, its approximately 724-acre vineyard property in Paso Robles, California, following a competitive public auction cond...

GREENSBORO, N.C.--(BUSINESS WIRE)--Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced that it has entered into an agreement for the sale of two non-strategic real estate assets across its operating base in Yadkin County, North Carolina for approximately $60 million before fees and expenses. The non-strategic real estate assets include approximately 120 a...

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation Announces Definitive Agreement on Sale of Cellular Module Business to Compal Electronics...

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX/NYSE: EMA) today announced the transaction to sell New Mexico Gas Company (NMGC), a regulated natural gas utility headquartered in Albuquerque, New Mexico, to Bernhard Capital Partners has closed. The sale of NMGC was originally announced on August 5, 2024. About Emera Inc. Emera (TSX/NYSE: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, with investments in regulated electric and natural g...

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that it has completed the sale of its microbiology business to Astorg, a leading pan-European private equity firm, for consideration of approximately $1.075 billion, consisting of cash and a $50 million seller note. The microbiology business provides antimicrobial susceptibility testing and culture media solutions for clinical, pharmaceutical and food safety testing....