1. News
October 12, 2017

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 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 Investment has sold 42 million shares in Lorenzo International Limited for S$1.51m ($1.1m) in cash.

Content from our partners
Advanced analytics and predicting market trends in FMCG
How smart predictive analytics is shaping product development
Data analysis in the brave new world

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.