Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Sanofi’s Merial and Boehringer Ingelheim’s CHC business swap successfully closed

Both companies will become global leaders in two different sectors of the pharmaceutical market Paris (France) and Ingelheim (Germany), 03-Jan-2017 — /EuropaWire/ — Sanofi and Boehringer Ingelheim confirmed today that the strategic transaction signed in June 2016, which consists of an … Read the full press release

Sanofi Pasteur and MSD to separately pursue their own vaccine strategies in Europe

PARIS, 03-Jan-2017 — /EuropaWire/ — Sanofi and its vaccines global business unit Sanofi Pasteur confirmed today the end of their vaccine joint-venture with MSD (known as Merck & Co. Inc., in the United States and Canada), Sanofi Pasteur MSD (SPMSD). … Read the full press release

New York’s Health Agency (NYSDOH) Cited in Iraq War’s Blowback

NEW YORK, 31-Dec-2016 — /EuropaWire/ — As the Iraq War’s official end on December 18, 2011 marks its fifth anniversary, many questions remain on its fallouts. New York’s French-American community is one of them, as it remembers its blacklisting when … Read the full press release

5.2m vehicles and 75m m³ of production material for Europe and exports handled and dispatched by Volkswagen Group Logistics in 2016

2016: More than 5 million vehicles and about 75 million m³ of production material shipped for Europe and exports Future fields of action defined WOLFSBURG, 29-Dec-2016 — /EuropaWire/ — In 2016, Volkswagen Group Logistics played a key role in achieving the … Read the full press release

ALECTIA / NIRAS merger to create new major player in the consulting engineering industry

The merger will create a new major player in the consulting engineering industry. With over 2,000 employees globally, the merged company is ready for continued growth – especially abroad. Virum, Denmark, 22-Dec-2016 — /EuropaWire/ — With the merger of ALECTIA and … Read the full press release

WPP’s Grey Group acquired full-service healthcare and consumer agency Entreprise de Communications Tank Inc.

LONDON, 22-Dec-2016 — /EuropaWire/ — WPP announces that its wholly-owned operating company Grey Group, the global marketing communications company, has acquired Entreprise de Communications Tank Inc. (“Tank”), a leading full-service healthcare and consumer agency in Canada. Tank’s audited net revenues were … Read the full press release

Casablanca based food and hospitality testing analysis company Laagrima acquired by SGS

SGS is pleased to announce the acquisition of Laagrima, headquartered in Casablanca, Morocco. GENEVA, 21-Dec-2016 — /EuropaWire/ — Laagrima offers testing analysis for the food and hospitality markets in Morocco, and is ISO 17025 accredited. Founded in 2002 and privately owned, … Read the full press release

SGS to acquire controlling stake in Industry 4.0 startup C-Labs SA in Chiasso, Switzerland

SGS is pleased to announce the acquisition of a controlling stake in C-Labs SA, Chiasso, Switzerland. Chiasso, Switzerland, 21-Dec-2016 — /EuropaWire/ — Founded in 2016, C-Labs is an Industry 4.0 startup, developing solutions for transforming food regulatory compliance. It adopts the … Read the full press release

Montagu sold its remaining minority investment in BSN medical

FRANKFURT, 21-Dec-2016 — /EuropaWire/ — Montagu Private Equity announces today, that as part of EQT’s sale of BSN to SCA, Montagu has sold its remaining minority investment in the company. The transaction is subject to the customary regulatory clearances. Montagu had … Read the full press release

Outotec lowers its 2016 profitability guidance due to increased risk provision

Outotec lowers its profitability guidance for 2016 HELSINKI, 20-Dec-2016 — /EuropaWire/ — Outotec lowers its profitability guidance for 2016 due to increased risk provision. As previously communicated, Outotec has had challenges in a few projects in the Metals, Energy & Water … Read the full press release

New book on doing business in India by Roland Berger’s Managing Partner in India Wilfried Aulbur

India’s gross domestic product set to grow more than 7 percent per year to reach 3.3 trillion dollars by 2020 Despite being very attractive to foreign firms, India is not an easy market to develop The automotive, chemical, pharmaceutical and … Read the full press release

United Internet AG to acquire Strato AG from Deutsche Telekom AG

MONTABAUR, 19-Dec-2016 — /EuropaWire/ — United Internet AG today signed an agreement with the owner of Strato AG, Deutsche Telekom AG, regarding the acquisition of Strato AG. Based in Berlin, Strato employs over 500 people with operations mainly in Germany and … Read the full press release

Hydro now owns 100% of Mineração Paragominas S.A. MPSA’s shares

Hydro completed the acquisition of Vale’s remaining shareholding in Mineração Paragominas S.A. (MPSA) on December 15, 2016. OSLO, 16-Dec-2016 — /EuropaWire/ — The transaction is the second and final step of the MPSA put/call arrangements agreed in 2011 in connection with … Read the full press release

Berwin Leighton Paisner advises Golden Square Energy on sale of FiT Wind Portfolio to Pension Infrastructure Platform

LONDON, 16-Dec-2016 — /EuropaWire/ — International law firm Berwin Leighton Paisner (BLP) has advised Golden Square Energy (GSE) on the c. £93m sale of its FiT Wind Portfolio to the Pension Infrastructure Platform (PiP). The portfolio of 31 assets, with a … Read the full press release

Continental AG extends contract of Executive Board member Dr. Ariane Reinhart responsible for HR

Reinhart has been the member of the Executive Board responsible for HR since October 2014 Degenhart: “Over the past few years, Reinhart has taken further, important steps for Continental’s HR work worldwide” HANOVER, 15-Dec-2016 — /EuropaWire/ — At today’s (2016-12-13) … Read the full press release

Camfil selects Interoute Cloud Connect to transform its IT estate

Global air filter company selects Interoute as its worldwide digital infrastructure platform provider, with SD-WAN enabling data centre consolidation. STOCKHOLM, 15-Dec-2016 — /EuropaWire/ — Interoute, owner operator of a global cloud services platform and one of Europe’s largest networks, is transforming the IT estate … Read the full press release

Beijing beats Shanghai as the top global city in the second publication of the Schroders Global Cities 30 index

LONDON, 14-Dec-2016 — /EuropaWire/ — Beijing has been named as the top global city in the second publication of the Schroders Global Cities 30 index, putting it ahead of Shanghai which took the top spot in August. China’s mega-cities dominated … Read the full press release

Intesa Sanpaolo Group will host Sharing Italy event to enhance Italy’s future business culture

Intesa Sanpaolo will promote Sharing Italy, an event focusing on the country’s economic and entrepreneurial future It will involve thinkers, researchers, international guests and businesses that stand out for their dynamism and ability to interpret the changes underway Six key … Read the full press release

Faculty Fellow at The Alan Turing Institute Zoubin Ghahramani AI start-up Geometric Intelligence acquired by Uber

LONDON, 13-Dec-2016 — /EuropaWire/ — We are delighted to congratulate Zoubin Ghahramani, Faculty Fellow at The Alan Turing Institute and Professor of Information Engineering at the University of Cambridge, on the news that his AI start-up has been acquired by … Read the full press release

Anglo American: rough diamond sales value for De Beers’ 10th sales cycle of 2016 at $418 million

LONDON, 13-Dec-2016 — /EuropaWire/ — Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ tenth sales cycle of 2016, amounting to $418 million, compared with the $476 million value of the … Read the full press release