The offer for this privatization transaction is €48 per share, with new shareholders holding no more than 5% of the shares. The agreement reached is a long-term agreement, including an 8-year lock-up period, and there is no call or put option agreements.

The estimated value of the transaction is approximately USD 15 million.

The new ultra-luxurious hotel is expected to complete renovations in 2025.

This transaction is one of the largest hotel acquisitions in the United States since August 2021 and the eighth investment by Trinity Fund Advisors LLC since June 2021, with a total transaction value of $2.1 billion.

Upon completion of the transaction, Indera Mills will become a division of Intradeco. Its owner, John Willingham, will continue to serve as CEO.

This investment will be used to accelerate ByBorre’s international growth in key markets such as the US, Northern Europe, and Italy, further establishing its position as a leading platform for sustainable textiles.

Natural hair care brand Straand recently announced that it has received a 2 million USD pre-seed round investment from Unilever Ventures, a subsidiary of Unilever. This will accelerate its expansion into the United States, the United Kingdom, Europe, and China.

Camilla’s revenue jumped from $98 million to $118.2 million between 2021 and 2022.

Kathrin and Sebastian Proft owns and manages three sustainable fashion companies in Germany and Austria. They started with the takeover of the Bavarian retail fashion company Dollinger, followed by the Stapf brand after insolvency proceedings in 2017, and finally, Feli & Hans (formerly H.Moser) in 2019.

Swedish packaging startup Yangi has announced that it h […]