strategic acquisition

Nordicus Partners (OTCQB: NORD) expanded its Board of Directors from three to five members. Henrik Keller resigned, and Torben Jensen, Kim T. Mücke, and Andrew J. Ritter were appointed. These appointments align with Nordicus’s strategy to acquire majority stakes in Nordic and U.S. life sciences companies. The new directors bring expertise in funding, accounting, and strategic relationships, supporting Nordicus’s goal to bridge Nordic innovation with the U.S. market.

Alfa Laval’s Q2 2025 earnings reveal a mixed performance. Order intake fell 14% YoY, but organic growth in net sales increased by 2%. Adjusted EBITA rose 2% to SEK 3.0 billion, with a margin of 17.8%. EPS increased to SEK 4.87. Cash flow from operating activities decreased. The company finalized the acquisition of Fives’ cryogenic business. Management anticipates slightly higher demand in Q3.

Reitar Logtech (RITR) is spinning off its logistics automation segment to foster growth and increase shareholder value. The spin-off will create a new entity focusing on smart warehousing, hardware/software solutions, and data-driven technologies. This strategic move aims to attract partnerships and capital, solidifying Reitar’s leadership in smart logistics and advancing its “MIS” strategy of Mergers & Acquisitions, Integration, and Spin-offs.

OpenAI announced plans to acquire AI hardware startup io, founded by Apple’s ex-design chief Jony Ive, in an all-stock deal worth $6.5 billion, marking its largest acquisition to date. The agreement includes $5 billion for io’s equity and leverages OpenAI’s existing 23% stake. io’s 55-member team will join a new OpenAI division to develop AI devices conceptualized during Ive and CEO Sam Altman’s two-year collaboration. Ive will lead creative direction for next-gen ChatGPT interfaces and ambient computing products, aligning with his minimalist tech philosophy. Altman suggested a late-2026 launch, positioning the partnership as a response to Big Tech’s AI hardware efforts. The deal represents Ive’s return to consumer tech post-Apple.