M&As this week: Inwido, The Nuance Group, Great Plus Investment Limited
Inwido has signed an agreement for the full acquisition of Danish company Bedst & Billigst Group.
Inwido is a supplier of windows and doors, while Bedst & Billigst Group is engaged in online retail.
The Nuance Group has acquired Nuance Group (India) Private Limited (NGIPL) from Shoppers Stop by purchasing a remaining 40% stake in NGIPL for Rs60m ($0.91m).
Based in Switzerland, The Nuance Group operates duty and tax-free travel retail outlets, as well as specialty stores.
NGIPL is a joint venture (JV) between Shoppers Stop and The Nuance Group, which operates duty-free retail shops at Kempegowda International Airport in Bangalore.
Great Plus Investment has sold 42 million shares in Lorenzo International Limited for S$1.51m ($1.1m) in cash.
Great Plus is an investment holding company based in Hong Kong, while Lorenzo International is a furniture retailer, manufacturer and exporter basedi n Singapore.
Bump Boxes has acquired pregnancy gift box service provider Supplet.
Both companies involved in the transaction are based in the US.