Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Brenntag Acquires Monarch Chemicals to Boost UK Distribution and Blending Capabilities

(IN BRIEF) Brenntag, a global leader in chemicals and ingredients distribution, has acquired Monarch Group Holdings Ltd. and its subsidiary Monarch Chemicals Ltd. in the UK. This acquisition includes sites in Southeast England and Scotland, enhancing Brenntag’s last-mile service operations. … Read the full press release

Nagarro Partners with Kehl and Offenburg Universities to Launch ‘Digital Public Management’ Degree

(IN BRIEF) Nagarro, in partnership with Kehl and Offenburg universities, is launching a new bachelor’s degree program in ‘Digital Public Management’ starting in the winter semester of 2025-26. This program aims to meet the growing need for digital services in … Read the full press release

GFT Surpasses Competitors with Third Consecutive Year of Growth in ISG Provider Lens™ Rankings

(IN BRIEF) GFT has achieved its third consecutive year of improvement in the ISG Provider Lens™ – Google Cloud Partner Ecosystem 2024 report, positioning itself as a leader in Data Analytics and Machine Learning, and Implementation and Integration Services in … Read the full press release

Deutsche Telekom, Volkswagen, and Partners Launch ‘AutoLog’ Project for Automated Logistics at Emden Port

(IN BRIEF) Deutsche Telekom, Volkswagen Group Logistics, BIBA, and Unikie have launched the “AutoLog” project to automate logistics processes at the Emden port automotive terminal. The project uses Deutsche Telekom’s 5G network and edge data center technology to enhance efficiency. … Read the full press release

Plenitude and Ferriera Valsabbia Ink 10-Year Deal for Renewable Wind Energy Supply

(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release

EBRD Backs Turkey’s Ulker with $90 Million Investment in Sustainability-Linked Eurobond

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release

EIB Grants €35 Million Green Loan to Haizea Wind Group to Advance Wind Energy Manufacturing in Europe

(IN BRIEF) The European Investment Bank (EIB) has granted a €35 million green loan to Haizea Wind Group, a Spanish wind energy component manufacturer. This investment aims to enhance innovation and digitalization in the wind sector, supporting the REPowerEU plan … Read the full press release

Vortex Energy Names Wojciech Orzech as CEO to Drive Renewable Expansion in Poland

(IN BRIEF) Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Orzech, with over 20 years of experience in energy and infrastructure, previously served as CEO of PKP Energetyka. He will work … Read the full press release

Vitol to Acquire Noble Resources Trading Limited

(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release

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

BP and Iraq Government Sign MoU for Kirkuk Region Redevelopment

(IN BRIEF) BP and the Government of Iraq have signed a memorandum of understanding (MoU) to negotiate a redevelopment programme for the Kirkuk region. This includes investments in oil and gas, power generation, solar energy, and exploration activities. The MoU … Read the full press release

Digi Communications N.V. announces the conclusion of a share purchase agreement by its subsidiary in Portugal

(IN BRIEF) On 1 August 2024, Digi Communications’ subsidiary, DIGI Portugal, LDA, entered into a share purchase agreement with LORCA JVCO Limited to acquire 100% of Cabonitel, S.A. for EUR 150 million, subject to customary adjustments and contingent events. Cabonitel … Read the full press release

Nearly 100 Armenian Businesses to Benefit from EIB and Evocabank Partnership, Sustaining Around 1,200 Jobs

(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release

AUTO1 Group Achieves Record-Breaking Q2 Performance with 36% Gross Profit Increase and Strong Sales Growth

(IN BRIEF) AUTO1 Group SE, a leading European digital automotive platform, reported record-breaking results in Q2 2024. Key highlights include a 17% increase in units sold (166,292), a 36% rise in gross profit (€173.3 million), and the highest adjusted EBITDA … Read the full press release

Delivery Hero Merges foodora, Yemeksepeti, and foodpanda to Strengthen European and Asian Operations

(IN BRIEF) Delivery Hero SE has announced the merger of its food delivery businesses, foodora, Yemeksepeti, and foodpanda, to boost operational efficiency and business leverage across Europe and Asia. The new organization, led by Tareq Barto, aims to unlock synergies … Read the full press release

KION Group Boosts Profitability in H1 2024 with Strong Performance Across Segments

(IN BRIEF) KION Group reported a significant increase in profitability for the first half of 2024, with revenue rising by 2% to €5.736 billion and adjusted EBIT improving by 28% to €447 million. The company saw improvements in both its … Read the full press release

Encavis and Commerzbank Secure Financing for Germany’s Second-Largest Solar Park

(IN BRIEF) Encavis Asset Management AG and Commerzbank AG have secured project financing for the Bartow solar project, set to be Germany’s second-largest solar park with a capacity of 260 MW. Located in Mecklenburg-Western Pomerania, the project is part of … Read the full press release

Elmos Semiconductor SE Celebrates 40 Years of Innovation and Global Growth

(IN BRIEF) Elmos Semiconductor SE is celebrating its 40th anniversary this year, marking four decades of innovation and growth in the automotive mixed-signal semiconductor industry. Founded in 1984 in Dortmund by Prof. Dr. Günter Zimmer, Dr. Klaus Weyer, and Norbert … Read the full press release

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

Schaeffler’s TriFinity™ Wheel Bearing Nominated for Prestigious Innovation Award at Automechanika Frankfurt 2024

(IN BRIEF) Schaeffler’s TriFinity™ wheel bearing has been nominated for the Automechanika Frankfurt 2024 Innovation Award in the “Parts and Innovative Technologies” category. This unique three-row ball bearing is designed for both electric and conventional vehicles, offering reduced friction, increased … Read the full press release