M&A Deal Summary |
|
|---|---|
| Date | 2015-03-31 |
| Target | Solar Parc Moldoveni SRL |
| Sector | Renewable Energy |
| Buyer(s) | World Assurance Group |
| Sellers(s) | Power Clouds Pte |
| Deal Type | Divestiture |
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World Assurance Group Inc. is a holding company that currently operates through three wholly owned subsidiaries: Cellad Inc., a digital media company based in Ireland operating in the global mobile advertising industry; World Global Assets Pte Ltd (WGA) based in Singapore and which owns the Wor(l)d Global Network Pte Ltd brands, trademarks, technology and IP and World Media and Technologies Inc ("WRMT") an OTC listed company operating in the wearable technology and communications arena.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Renewable Energy M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: Romania M&A | 2 of 2 |
| Year: 2015 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-31 |
Fran SRL
Romania Fran SRL is a provider of renewable energy services. |
Buy | - |
Power Clouds Pte Ltd. is a developer of renewable and sustainable energy projects worldwide and it engages in planning, creating and managing photovoltaic plants all over the world. It identifies optimal locations for its solar plants and then supports these projects with the coordination of business development activities and the strategic resources of engineers, suppliers, skilled builders and partner companies.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Renewable Energy M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: Romania M&A | 2 of 2 |
| Year: 2015 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-31 |
Fran SRL
Romania Fran SRL is a provider of renewable energy services. |
Sell | - |