Search Results for: acquisitions

QIAGEN Launches Enhanced QCI Interpret for High-Throughput NGS Labs

Posted on 14, June 2024 by

(IN BRIEF) QIAGEN has launched an upgraded version of its clinical decision support software, QIAGEN Clinical Insight Interpret (QCI Interpret), tailored for high-throughput next-generation sequencing (NGS) labs. The new release enhances performance metrics like turnaround time and diagnostic yield through … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Technology

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Tube Investments of India (TII) Executive Vice-Chairman Vellayan Subbiah Crowned EY World Entrepreneur Of The Year™ 2024

Posted on 7, June 2024 by

(IN BRIEF) Tube Investments of India (TII) and Cholamandalam Investment and Finance Co. Ltd.’s Executive Vice-Chairman, Vellayan Subbiah, clinched the prestigious title of EY World Entrepreneur Of The Year™ 2024 at a gala held in Monaco’s Salle des Etoiles. Selected … Read the full press release →

Posted in Awards, Business, Economy, Financial, Industrial, Investment, Management, Media, News, United Kingdom

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Barclays Continues Expansion Strategy with Key Hire for German-speaking Markets

Posted on 7, June 2024 by

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom

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Tri-State Partners with JUWI Inc. to Introduce Groundbreaking Solar Initiatives

Posted on 6, June 2024 by

(IN BRIEF) Tri-State Generation and Transmission Association, a prominent energy entity, has forged a groundbreaking partnership with JUWI Inc., marking a monumental shift towards renewable energy endeavors. Their collaboration culminated in the acquisition of two solar projects in western Colorado: … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Circular Construction Advancements: Holcim Acquires Land Recovery in the UK

Posted on 5, June 2024 by

(IN BRIEF) Holcim, a global leader in sustainable construction materials, recently acquired Land Recovery, a UK-based supplier specializing in recycled construction materials, as part of its commitment to circular construction practices. This strategic move aligns with Holcim’s goal to recycle … Read the full press release →

Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom

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Bechtle Unveils Unified Identity with Merger of Belgian Entities

Posted on 4, June 2024 by

(IN BRIEF) Bechtle Group has consolidated its Belgian entities, including Bechtle Group BE Public and Bechtle direct NV, into a unified company, Bechtle NV, effective June 1, 2024, signaling a strategic move to enhance its position as a leading IT … Read the full press release →

Posted in Belgium, Business, Financial, Industrial, Investment, Management, News, Technology

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Digi Communications N.V. announces the agreements concluded by Digi Romania (formerly named RCS & RDS S.A.), the Romanian subsidiary of the Company

Posted on 27, May 2024 by

(IN BRIEF) Digi Communications N.V., a prominent European telecommunications company listed on the Bucharest Stock Exchange, has announced a significant preliminary agreement by its Romanian subsidiary, Digi Romania (formerly RCS & RDS S.A.). On May 27, 2024, Digi Romania signed … Read the full press release →

Posted in Belgium, Business, Financial, Greece, Investment, Italy, Management, News, Portugal, Romania, Technology, Telecom

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Swissport Makes Strides Towards Sustainability Goals with Electric Vehicle Rollout at Basel and Geneva Airports

Posted on 27, May 2024 by

(IN BRIEF) Swissport, a prominent airport ground service provider, is advancing its sustainability agenda with the introduction of new electric vehicles (EVs) at Basel and Geneva airports. Aligned with the Science-Based Targets initiative, Swissport aims to achieve short-term CO2 reduction … Read the full press release →

Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Travel

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European Parliament Approves Landmark Pharmaceutical Legislation Reform, Calls for Further Enhancements

Posted on 27, May 2024 by

(IN BRIEF) The European Parliament has achieved a significant milestone by approving the first reading of extensive reforms to EU pharmaceutical legislation aimed at fostering innovation and ensuring equitable access to medicines. While commending the progress, the European Society of … Read the full press release →

Posted in Business, France, Healthcare, Industrial, Law, Management, News, Pharma & Biotech, Science, Technology

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Deutsche Telekom Reports Robust Growth in Q1 2024

Posted on 16, May 2024 by

(IN BRIEF) Deutsche Telekom’s upward trajectory continues as it announces a successful start to 2024. The telecom giant witnessed a 1.6 percent organic increase in net revenue, reaching €27.9 billion, with service revenues soaring by 4.1 percent to €23.5 billion. … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom

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Olea and Standard Chartered Sign MOU to Enhance Support for SMEs

Posted on 7, May 2024 by

(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom

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Bechtle Direct Italy Expands Operations with New Milan Office, Embracing Growth and Innovation

Posted on 6, May 2024 by

(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release →

Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Accenture Acquires SOKO to Expand Creative Influence in Brazil

Posted on 3, May 2024 by

(IN BRIEF) Accenture, through its renowned creative agency Droga5, has announced the acquisition of SOKO, a leading Brazilian creative agency known for its innovative and culturally resonant brand storytelling. SOKO’s integration into Droga5 São Paulo aims to strengthen the agency’s … Read the full press release →

Posted in Art & Culture, Business, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology

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CEOs and Investors Navigate Shifting Economic Terrain: Outlook Revealed in EY CEO Pulse Survey

Posted on 1, May 2024 by

(IN BRIEF) The latest EY CEO Outlook Pulse survey reveals a nuanced perspective among CEOs, with two-thirds expressing optimism for revenue and profit growth despite economic challenges. Prioritizing investments in technology, data management, and cybersecurity reflects a strategic pivot towards … Read the full press release →

Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

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FUCHS SE Reports Strong Start to 2024 Despite Sales Decrease

Posted on 30, April 2024 by

(IN BRIEF) FUCHS SE has begun the financial year 2024 with positive results, despite a 6% decrease in sales revenues to EUR 877 million, attributed to price adjustments and negative currency effects. However, the company saw a 4% increase in … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News

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Philips Reports Q1 2024 Results: Steady Growth Despite Challenges

Posted on 29, April 2024 by

(IN BRIEF) Royal Philips has released its Q1 2024 results, showcasing a mixed performance marked by steady sales growth, significant litigation settlements, and ongoing operational challenges. Despite a 2.4% increase in group sales, comparable order intake saw a decline of … Read the full press release →

Posted in Business, Economy, Electronics & Machinery, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology

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Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

Posted on 26, April 2024 by

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release →

Posted in Business, Commodities, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

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Holcim Reports Robust Q1 Performance with Over-Proportional Growth and Strategic Expansion

Posted on 25, April 2024 by

(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release →

Posted in Business, Construction, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland

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Bosch Champions Sustainability and Innovation at Hannover Messe 2024

Posted on 22, April 2024 by

(IN BRIEF) As Hannover Messe 2024 approaches, Bosch prepares to showcase its commitment to sustainability and innovation in industrial manufacturing. With a focus on addressing climate change and promoting resource conservation, Bosch’s diverse portfolio of solutions encompasses factory automation, hydrogen … Read the full press release →

Posted in Artificial Intelligence (AI), Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology

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Gerrit Marx Appointed CEO of CNH Industrial, Succeeding Scott W. Wine

Posted on 22, April 2024 by

(IN BRIEF) CNH Industrial N.V. (NYSE:CNHI) has announced the appointment of Gerrit Marx as its new CEO, effective July 1, 2024. Marx will succeed Scott W. Wine, who, after successfully overseeing the delivery of the 2021 Business Plan, has decided … Read the full press release →

Posted in Agriculture, Business, Electronics & Machinery, Industrial, Management, News, United Kingdom

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Sweco AGM 2024: Resolutions Passed, Dividend Announced, and Treasury Share Plans Set

Posted on 20, April 2024 by

(IN BRIEF) Sweco AB (publ) concluded its Annual General Meeting, ratifying proposals from the Board of Directors and the Nomination Committee. The meeting re-elected seven Directors and granted discharge of liability for the financial year 2023. Ernst & Young AB … Read the full press release →

Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology

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Bosch Maintains Growth Trajectory Amidst Challenging Economic Landscape

Posted on 18, April 2024 by

(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology

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Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent

Posted on 17, April 2024 by

(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Commodities, Environment, Financial, Industrial, Investment, Management, Marketing, News, Retail, Technology, United Kingdom

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EBRD Invests €22 Million to Propel Farmak’s Expansion into Polish Market

Posted on 11, April 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom

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Philips Reaches Final Agreement on Consent Decree for Respironics Business with DOJ and FDA

Posted on 10, April 2024 by

(IN BRIEF) Royal Philips announces the final agreement on a consent decree for its subsidiary, Philips Respironics, with the US Department of Justice (DOJ) and the US Food and Drug Administration (FDA). The decree primarily focuses on Respironics’ US operations, … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Security & Safety, Technology

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DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain

Posted on 9, April 2024 by

(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology

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Allianz AGCS to Sell U.S. MidCorp and Entertainment Insurance Businesses to Arch for $450 Million

Posted on 6, April 2024 by

(IN BRIEF) Allianz Global Corporate & Specialty SE (AGCS) has announced an agreement to divest its U.S. MidCorp and Entertainment insurance businesses to Arch Insurance North America for $450 million in cash. The deal includes the transfer of approximately $2 … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News

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Churchill Downs Incorporated Partners with SAP for Financial Technology Transformation

Posted on 5, April 2024 by

(IN BRIEF) SAP SE announced that Churchill Downs Incorporated (CDI) has selected the GROW with SAP solution to drive its financial technology transformation as it expands within the racing, online wagering, and gaming entertainment sectors. Leveraging cloud solutions from SAP, … Read the full press release →

Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology

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Former DSV CEO Jens Bjørn Andersen to Chair STARK Group’s External Board

Posted on 2, April 2024 by

(IN BRIEF) STARK Group, after three years under CVC Capital Partners, appoints former DSV CEO Jens Bjørn Andersen to establish its external board. Andersen, known for his transformative leadership at DSV, expresses excitement about joining STARK Group during its impressive … Read the full press release →

Posted in Business, Construction, Denmark, Industrial, Infrastructure & Utilities, Management, News

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CANCOM Group Reports Strong Financial Performance for 2023, Forecasts Significant Growth for 2024

Posted on 28, March 2024 by

(IN BRIEF) CANCOM Group concluded the 2023 fiscal year with remarkable financial results, including a 17.8% increase in revenue to €1,522.7 million and a notable rise in EBITDA to €115.7 million. CEO Rüdiger Rath attributes this success to strategic acquisitions … Read the full press release →

Posted in Business, Financial, Germany, Management, Technology

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Kumba Iron Ore Achieves IRMA 75 Performance Level, Demonstrating Commitment to Responsible Mining

Posted on 27, March 2024 by

(IN BRIEF) Kumba Iron Ore Limited, a subsidiary of Anglo American plc, has announced that its Sishen and Kolomela mines in South Africa have attained the Initiative for Responsible Mining Assurance’s (IRMA) IRMA 75 level of performance. This achievement underscores … Read the full press release →

Posted in Awards, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom

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Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

Posted on 25, March 2024 by

(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release →

Posted in Banks, Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom

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ABL Group ASA Launches Share Repurchase Plan to Meet Financial Commitments

Posted on 21, March 2024 by

(IN BRIEF) ABL Group ASA (ticker: ABL) has announced the commencement of a share buyback program, aiming to repurchase up to 250,000 of its own shares, representing approximately 0.2% of the outstanding share capital. The program, authorized by the Board … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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BNP Paribas Appoints New Heads for Commercial Banking and Leasing Solutions

Posted on 18, March 2024 by

(IN BRIEF) BNP Paribas announces the appointment of Isabelle Loc as the new Head of Commercial & Personal Banking in France, succeeding Marguerite Bérard and joining the BNP Paribas Executive Committee. With a diverse background within the group, including leadership … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News

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Borealis CEO Thomas Gangl’s Mandate Terminated by Mutual Agreement

Posted on 16, March 2024 by

(IN BRIEF) The Supervisory Board of Borealis and Thomas Gangl have reached a mutual decision to terminate Gangl’s mandate as CEO of Borealis AG, effective June 30, 2024. Gangl, with a career spanning over two decades at OMV, held key … Read the full press release →

Posted in Austria, Business, Chemicals, Industrial, Management, News

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NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

Posted on 16, March 2024 by

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology

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Volkswagen Financial Services Concludes 2023 with Strong Results and Focus on Sustainability

Posted on 16, March 2024 by

(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release →

Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News

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SIX Reports Strong Operational Performance Despite Non-Cash Value Adjustments

Posted on 14, March 2024 by

(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release →

Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland

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Evonik Launches Skin Institute to Revolutionize Cosmetics with Science-Backed Solutions

Posted on 12, March 2024 by

(IN BRIEF) Evonik introduces the Evonik Skin Institute, a global network of life science experts and labs aimed at bolstering support for claim-substantiated cosmetics. This initiative merges Evonik’s advanced biotech platform with a global network of evaluation labs, enhancing customer … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology

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BP Announces Early Tender Results for $1.3 Billion Cash Tender Offer

Posted on 12, March 2024 by

(IN BRIEF) BP p.l.c. (“BP”) disclosed the early tender outcomes for its cash tender offer conducted by its wholly-owned subsidiary BP Capital Markets p.l.c. to purchase for cash any validly tendered and accepted Notes, up to an aggregate principal amount … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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