12 ReTech Corporation has completed the acquisition of E-motion Apparel from Hubert Blanchette for an undisclosed sum.
Based in Hong Kong, 12 ReTech Corporation is an integrated retail platform, while E-motion Apparel is an American womenswear manufacturer.
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The deal closed on 13 March.
The acquisition will enable 12 ReTech to improve its manufacturing capabilities and extend its online offerings.
Waterlogic has agreed to acquire a 100% stake in Billi Financial Services (Billi) for an undisclosed sum.
Waterlogic is a UK-based producer and distributor of purified drinking water dispensers, while Billi distributes boiling, chilled and sparkling filtered drinking water in Australia.
Under the agreement, Waterlogic will acquire 100% of Billi’s operations in the UK and Australia.
The transaction will enable Waterlogic to grow its business in new and existing markets.
Reliance Retail Limited (RRL) has completed the acquisition of a 16% stake in KaiOS Technologies for a cash consideration of $7m.
Based in India, RRL is a retail chain subsidiary of Reliance Industries Limited, while KaiOS is a mobile operating system technology provider based in the US.
RRL has obtained 19,04,781 shares priced at $3.675 each, as part of the transaction.
The transaction closed on 12 March.
