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Search Results for: acquisition
Heidelberg Materials Expands in Morocco with Strategic Acquisitions of Asment de Témara and Grabemaro
(IN BRIEF) Heidelberg Materials, through its subsidiary Ciments du Maroc, has acquired controlling stakes in Asment de Témara and 100% of Grabemaro, further strengthening its presence in Morocco’s growing market. The acquisition includes a cement plant, aggregates sites, and ready-mixed … Read the full press release
ASSA ABLOY Expands Digital Portfolio with Acquisition of Smart Lock Company Level Lock
(IN BRIEF) ASSA ABLOY has acquired smart lock company Level Lock, based in Redwood City, California, to strengthen its digital access solutions in the Americas. Level Lock, founded in 2016, has 70 employees and reported $16 million in sales in … Read the full press release
Posted in Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged acquisition, ASSA ABLOY, digital, Level Lock, Smart Lock Company
Iraq Enhances Army Aviation Capabilities with Major Airbus Helicopter Acquisition
(IN BRIEF) Iraq has awarded Airbus Helicopters a contract for 12 H225M helicopters, marking a significant upgrade to its Army Aviation fleet. The deal, signed in Baghdad by Defence Minister Thabet al-Abbassi and French Ambassador Patrick Durel, aims to replace … Read the full press release
ZEISS SMT Expands Semiconductor Manufacturing Capabilities with Swiss Acquisition
(IN BRIEF) ZEISS Semiconductor Manufacturing Technology (SMT) is acquiring the Lithography division of Beyond Gravity, based in Zurich, Switzerland, and Coswig, Germany. This acquisition aims to boost ZEISS SMT’s production and research capabilities to meet rising global demand for semiconductor … Read the full press release
Ramboll Expands Health Sciences Expertise with Acquisition of SCC Scientific Consulting Company
(IN BRIEF) Ramboll has acquired SCC Scientific Consulting Company, enhancing its Health Sciences division. SCC, a leading European regulatory consultancy with expertise in agrochemicals, biocides, chemicals, and medical devices, brings 160 experts to Ramboll, expanding its team to over 340. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged acquisition, Dr Friedbert Pistel, Florian Pistel, Germany, Health Sciences, Martina Vosteen, partnership, Philippa Spence, Ramboll, SCC Scientific Consulting Company, sustainability
Wieland Group Enhances North American Operations with Acquisition of Aurubis Buffalo Facility
(IN BRIEF) Wieland Group, a leading manufacturer of copper and copper alloy products based in Ulm, Germany, has acquired Aurubis AG’s Buffalo site in New York. The sale, completed on August 30, 2024, involves a facility with around 500 employees … Read the full press release
Bechtle Expands with Acquisition of Neu-Ulm IT Firm s.i.g., Strengthening Presence in Key Industrial Region
(IN BRIEF) Bechtle AG has acquired s.i.g. System Informations Gesellschaft mbH, an IT system house based in Neu-Ulm, Germany. The acquisition strengthens Bechtle’s position in the Ulm economic region and enhances its industrial IT capabilities for the manufacturing industry. With … Read the full press release
BBVA Secures U.K. Approval for TSB Takeover, Moving Closer to Banco Sabadell Acquisition
(IN BRIEF) BBVA has received approval from the U.K.’s Prudential Regulation Authority (PRA) to take indirect control of TSB Bank, a subsidiary of Banco Sabadell. This approval is a key step in BBVA’s plan to acquire Banco Sabadell, which will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, United Kingdom
Tagged acquisition, Banco Sabadell, BBVA, partnership, TSB Bank, UK
Safran Strengthens AI Capabilities with Acquisition of Preligens
(IN BRIEF) Safran has acquired Preligens, an AI company specializing in defense and aerospace analytics, for €220 million. Preligens will be rebranded as Safran.AI and integrated into Safran Electronics & Defense. This acquisition strengthens Safran’s AI capabilities, particularly in surveillance … Read the full press release
METRO Expands UK Presence with Acquisition of Caterite to Boost Food Service Distribution
(IN BRIEF) METRO has expanded its food service distribution (FSD) business in the UK by acquiring Caterite Food & Wineservice, a specialist in food delivery to the HoReCa sector in the Lake District and northern regions of the UK. This … Read the full press release
Posted in Business, Food & Beverage, Germany, Investment, Retail
Tagged acquisition, Caterite Food & Wineservice, Classic Fine Foods UK, England, expansion, food service distribution, fresh produce, FSD, growth strategy, Guillaume Deruyter, HoReCa, Hospitality, independent customers, integration, Lake District, logistics, Metro, METRO acquisitions, METRO AG, METRO GROUP, premium customers, Scotland, supply chain, synergies, UK, UK market, Wales
DWS Strengthens Renewable Energy Portfolio with Swedish Onshore Wind Farm Acquisition
(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release
ABB Expands Environmental Monitoring Capabilities with Acquisition of Födisch Group
(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release
VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group
(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged acquisition, Cybersecurity, Fernao Group, Germany, partnership, sustainability, Switzerland, VINCI, VINCI Energies
EQT Exeter Real Estate Income Trust Makes Strategic Acquisitions in Key U.S. Markets
(IN BRIEF) EQT Exeter Real Estate Income Trust (EQRT) has acquired two industrial properties in the U.S. for over $245 million, including a 1.2 million-square-foot facility in Middletown, Pennsylvania, and a 638,000-square-foot facility in Portland, Tennessee. Both properties, built last … Read the full press release
EARNZ PLC Gears Up for Expansion with Strategic Acquisitions in Energy Sector
(IN BRIEF) EARNZ PLC is set to expand its presence in the energy services sector through the conditional acquisition of Cosgrove & Drew Limited and South West Heating Services Ltd. The company aims to leverage the global push for decarbonization … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Law, Management, News, United Kingdom
Tagged acquisitions, BCLP, EARNZ PLC, energy sector, partnership, sustainability
Brenntag Strengthens Presence in Brazilian Life Science Market with Acquisition of PIC and PharmaSpecial
(IN BRIEF) Brenntag has expanded its presence in Brazil’s Life Science market with the acquisition of specialty chemicals distributors PIC and PharmaSpecial. The deal, which adds an Applications & Innovation Center and two laboratories to Brenntag’s network, will enhance its … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Brazil, Brenntag, Fabio Morais, François Bleger, Life Science Market, partnership, PIC and PharmaSpecial, sustainability, Switzerland, Torsten Walz
EQT to Establish Leading Waste Management Platform in South Korea with Acquisition of KJ Environment
(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged acquisition, EQT, KJ Environment, partnership, Sang Jun Suh, South Korea, sustainability, waste management
Rheinmetall Expands U.S. Defense Operations with Strategic Acquisition of Loc Performance for $950 Million
(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged acquisition, Armin Papperger, Jason Atkinson, Loc Performance, Matthew Warnick, partnership, Rheinmetall, sustainability, U.S. Defense Operations
Experian Bolsters Fraud Prevention with Acquisition of Behavioral Analytics Leader NeuroID
(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release
JERA Nex and JERA Americas Enter US Solar Market with Major Acquisitions
(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisitions, Emilie Wangerman, JERA Americas, JERA Nex, John O’Brien, Lightsource BP, partnership, Richard Scott, solar market, sustainability, USA
Indra Advances Space Strategy with Creation of Space NewCo and Acquisition of Deimos
(IN BRIEF) Indra has approved the creation of Space NewCo and signed a contract to acquire Deimos from Elecnor, strengthening its capabilities in the space industry. Space NewCo will integrate Indra’s stake in Startical, enhancing its position in air traffic … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, Deimos, Elecnor, Indra, partnership, Space NewCo, Space Strategy
MorphoSys Finalizes Delisting from Frankfurt and Nasdaq Markets Following Novartis Acquisition
(IN BRIEF) MorphoSys AG has completed its voluntary delisting from the Frankfurt Stock Exchange and Nasdaq Global Market following its acquisition by Novartis. The delisting agreement, announced on June 20, 2024, and the subsequent delisting purchase offer by Novartis were … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Frankfurt, MorphoSys, NASDAQ, Novartis, Novartis BidCo AG, partnership, sustainability, Switzerland
Rheinmetall Expands Global Reach with Acquisition of Majority Stake in South African Plant Engineering Firm
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
BP Completes Acquisition of GETEC ENERGIE GmbH to Enhance European Energy Presence
(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release
Posted in Austria, Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, United Kingdom
Tagged acquisition, Austria, Belgium, BP, Cord Wiesner, Elaine Skinner-Reid, European Energy, GETEC ENERGIE GmbH, Netherlands, partnership, Poland, sustainability
Vossloh Expands European Operations with Acquisition of Sateba Group for €450 Million
(IN BRIEF) Vossloh is set to acquire Sateba Group, enhancing its rail infrastructure capabilities and expanding its European market presence. The €450 million deal, expected to close by spring 2025, will boost Vossloh’s annual sales and align with its sustainability … Read the full press release
Roche Completes Acquisition of LumiraDx’s Point of Care Technology, Enhancing Global Diagnostic Capabilities
(IN BRIEF) Roche has completed the acquisition of LumiraDx’s Point of Care technology after receiving all necessary antitrust and regulatory clearances. This addition enhances Roche’s diagnostics portfolio with an advanced multi-assay platform that consolidates a wide range of tests, including … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Global Diagnostic Capabilities, LumiraDx’s Point of Care Technology, Matt Sause, partnership, Roche, sustainability, Veronique Ameye
NatWest Group Expands Mortgage Portfolio with £2.5 Billion Acquisition from Metro Bank
(IN BRIEF) NatWest Group has announced the acquisition of a £2.5 billion portfolio of prime residential mortgages from Metro Bank, which will add around 10,000 new customer accounts to NatWest. These accounts will continue to be serviced by Metro Bank … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, Metro Bank, NatWest Group, partnership, Paul Thwaite, sustainability
Carrefour Completes Acquisition of Cora and Match Banners from Louis Delhaize Group
(IN BRIEF) Carrefour has finalized the acquisition of the Cora and Match banners from the Louis Delhaize group for €1.05 billion, enhancing its foothold in the French food distribution market. The acquisition includes 60 Cora hypermarkets and 115 Match supermarkets, … Read the full press release
TotalEnergies Expands Sustainable Lubricant Production with Tecoil Acquisition
(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
TotalEnergies Expands Offshore Presence in São Tomé and Príncipe with Block STP02 Acquisition
(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release
Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired Voyansi, a provider specializing in BIM and VDC solutions for the AECO industry. This acquisition aims to enhance Hexagon’s offerings in reality capture and construction digitization, enabling advanced … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged acquisition, architecture engineering construction and operations (AECO), Building Information Modelling (BIM), Hexagon, Paolo Guglielmini, partnership, USA, Virtual Design and Construction (VDC), Voyansi
Shell to Enhance LNG Leadership with Pavilion Energy Acquisition from Temasek Subsidiary
(IN BRIEF) Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a subsidiary of Temasek. This acquisition includes Pavilion Energy’s global LNG trading business, which handles … Read the full press release
Mutares Expands SFC Group with CIKAUTXO China Acquisition, Boosting Automotive Sector Presence
(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. This acquisition strengthens Mutares’ SFC Group under Amaneos, enhancing its global presence in plastic-based systems … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, Amaneos, Automotive Sector, CHINA, CIKAUTXO, Mutares, partnership, SFC Group, sustainability
Brazilian Pulp Giant Suzano Enters Partnership with Lenzing Group in Share Acquisition
(IN BRIEF) The Lenzing Group announces a significant partnership as its main shareholder, B&C Group, and Brazilian pulp producer Suzano S/A sign a long-term agreement regarding Lenzing’s majority stake. Suzano will acquire a 15 percent stake from B&C Group, marking … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, B&C Group, Lenzing Group, partnership, São Paulo, Stephan Sielaff, sustainability, Suzano
Mutares Completes Acquisition of Eltel Networks, Strengthens Goods & Services Portfolio
(IN BRIEF) Mutares SE & Co. KGaA has finalized the acquisition of Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB, marking a strategic move to bolster its Goods & Services segment. These entities, recognized leaders in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged acquisition, Eltel Networks Energetyka S.A., Eltel Networks Engineering S.A., Mutares, partnership, Poland, sustainability, Sweden
Strategic Acquisition: Mutares SE & Co. KGaA Enhances Ganter Group’s Position in Interior Finishing Market
(IN BRIEF) Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has finalized the acquisition of FSL Ladenbau GmbH from its shareholders Christian Füßer, Marion Füßer, and Guido Krümpel, marking a strategic move to fortify the Ganter Group, a distinguished general contractor … Read the full press release
CACEIS Achieves Record Asset Milestones Following RBC IS Acquisition Integration
(IN BRIEF) Since June 1st, 2024, following the acquisition of Royal Bank of Canada’s (RBC) European asset servicing operations, all staff across various locations have been consolidated under unified legal frameworks. Concurrently, efforts are underway to migrate clients to this … Read the full press release
ABN AMRO Expands Presence in German Private Banking Market with HAL Acquisition
(IN BRIEF) ABN AMRO announces its agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a prominent German private bank, positioning Bethmann Bank, ABN AMRO’s private banking arm, as one of the largest providers of banking services for affluent … Read the full press release
Vossloh Expands into Swedish Rail Infrastructure Market with Acquisition of Scandinavian Track Group
(IN BRIEF) Vossloh, a leading provider of rail infrastructure solutions, has signed an agreement to acquire Scandinavian Track Group (STG), a renowned provider of rail track maintenance services in Sweden. With a focus on switches, maintenance, welding services, and inspection … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Jan Furnivall, partnership, s Oliver Schuster, Scandinavian Track Group (STG), sustainability, Sweden, Swedish Rail Infrastructure Market, Vossloh
Accenture Federal Services Expands Capabilities with Acquisition of Cognosante
(IN BRIEF) Accenture Federal Services has finalized its acquisition of Cognosante, a provider of digital transformation solutions for federal health, defense, intelligence, and civilian agencies. With this strategic move, Accenture Federal Services aims to bolster its federal health portfolio, leveraging … Read the full press release