Markross121_ No Comments

Hong Kong – Green Energy Corporation

Client – Green Energy Corporation – Hong Kong Based.

Instruction – Source a U.K. Company, to manufacture multiple units of Electronic Waste to Energy Plant.

Role – Benchmark Manufacturers against strict criteria. Award manufacturing contract. Oversee the relationship between designers of the Plant and U.K. Manufacturer.

Result – Sourced Tier 1 manufacturer to the Pharmaceutical sector. Managed legals and contracts for Joint Venture. Size of the contract to be awarded £55 Million plus. The manufacturer also awarded the contract for installation and monitoring of E-waste Plant in the U.K.

Markross121_ No Comments

Marston’s and Carlsberg UK announce £780m merger

Brewer Marston’s is to merge with Carlsberg’s UK arm, uniting ales such as Pedigree and Hobgoblin with Danish Pilsner and Somersby cider.

Marston Carlsberg Merger

The joint venture is valued at £780m, with stock market-listed Marston’s taking a 40% stake in the merged firm.

The deal involves Marston’s six breweries and distribution depots, but not its 1,400 pubs.

The new Carlsberg Marstons Brewery Company will create “synergies and productivity” benefits, Marston’s said.

Marston’s employs a total 14,000 people.

Carlsberg UK will put its Northampton brewery, London Fields brewery, and national distribution centre into the joint venture. Marston’s will put in its six national and regional breweries – Marston’s, Banks’s, Wychwood, Jennings, Ringwood and Eagle – and 11 distribution depots.

The deal means Carlsberg will have access to Marston’s pubs to sell a wider range of brands.

Ralph Findlay, chief executive of Wolverhampton-based Marston’s, said the joint venture brings together companies known for heritage and brand portfolio.

Tomasz Blawat, managing director of Carlsberg UK, said the deal enables the companies to offer “a bigger beer portfolio of complementary international, national and regional brands”.

The coronavirus lockdown means UK pubs are closed, with many in the industry saying that a mooted re-opening with a two-metre rule for customers would not work. Some pub operators have suggested that a one-metre rule might be a better compromise.

 

Read More – www.bbc.co.uk

Markross121_ No Comments

Ladbrokes Does A $200Million Deal With MGM Resorts

GVC Holdings confirms 50-50 venture in newly liberalised US sports betting market

Earlier this year, the supreme court overturned a gambling ban on sports including basketball and American football.

The UK owner of Ladbrokes and Coral has sealed a $200m (£152m) tie-up with the world’s biggest casino operator, catapulting it into the lucrative, newly liberalised US sports betting market.

On Monday, the FTSE-listed gambling group GVC Holdings confirmed the joint venture with MGM Resorts, giving both partners a foothold in what is forecast to grow into a multibillion-dollar sector.

MGM – best known for Las Vegas casinos such as the MGM Grand and the Bellagio – and GVC have agreed to inject an initial $100m each as part of a 50-50 joint venture focused on US sports betting.

It would make GVC the lead sports betting and online gambling services provider for all MGM’s casino and hotel properties in the US.

Importantly, the deal will allow GVC and MGM to work together to create gambling/betting ventures within newly sanctioned US states, delivering a range of land-based and digital gambling opportunities.

Read Full Article – www.theguardian.com