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Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Posted on 23, July 2020 by

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release →

Posted in Business, Construction, Industrial, Management, Switzerland

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Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

Posted on 1, July 2020 by

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release →

Posted in Business, Investment, Management, News, Real Estate, United Kingdom

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Ireland-based PrecisionBiotics Group now part of Novozymes

Posted on 25, June 2020 by

(PRESS RELEASE) COPENHAGEN, 25-Jun-2020 — /EuropaWire/ — Biotechnology company Novozymes announces its acquisition of PrecisionBiotics Group Limited. The acquisition will advance Novozymes’ activities in the area of biological solutions for human oral and gut health. PrecisionBiotics Group, based in Cork, … Read the full press release →

Posted in Business, Denmark, Healthcare, Investment, Ireland, News, Pharma & Biotech

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Snam led consortium to acquire 49% of ADNOC Gas Pipeline Assets

Posted on 23, June 2020 by

ADNOC Gas Pipeline Assets LLC holds the tariff-based rights for the infrastructure (38 pipelines) that connects ADNOC’s upstream activities to Abu Dhabi’s consumption points and the export and interconnection terminals to neighboring Emirates (PRESS RELEASE) ABU DHABI, UAE, 23-Jun-2020 — … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy, News

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Cloud-based geospatial analytics firm Satelytics gets backing from bp ventures

Posted on 23, June 2020 by

The firm’s technology has the potential to be part of bp’s aim to install methane measurement at all major oil and gas processing sites by 2023 (PRESS RELEASE) LONDON, 23-Jun-2020 — /EuropaWire/ — Multinational oil and gas company bp has … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Investment, News, Technology, United Kingdom

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Accenture and Sopra Steria transformation program to modernize Covéa’s finance function across its three brands — MAAF, MMA and GMF

Posted on 22, June 2020 by

(PRESS RELEASE) PARIS, 22-Jun-2020 — /EuropaWire/ — Multinational professional services company Accenture (NYSE: ACN) and Sopra Steria, European information technology consultancy formed by the merger of Sopra Group SA and Groupe Steria SCA, have announced they signed a four-year joint … Read the full press release →

Posted in Business, Financial, France, Insurance, Management, News

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Leadership changes at ING: Current CEO Ralph Hamers leaves; Steven van Rijswijk will be the new CEO

Posted on 19, June 2020 by

(PRESS RELEASE) AMSTERDAM, 19-Jun-2020 — /EuropaWire/ — Dutch multinational banking and financial group ING has announced leadership changes. The bank’s Supervisory Board has just appointed Steven van Rijswijk, currently member of the Executive Board and chief risk officer of ING, … Read the full press release →

Posted in Banks, Financial, Management, Netherlands, News

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KfW Research: Drastic impact of the coronavirus outbreak in Germany heavily influenced the lending dynamic in Q1

Posted on 18, June 2020 by

First quarter lending was up 7.3% year on year Growth of 10% expected for the second quarter High liquidity requirements due to pandemic-induced income losses are driving short-term loans Credit access expected to remain broadly intact (PRESS RELEASE) FRANKFURT, 18-Jun-2020 … Read the full press release →

Posted in Banks, Financial, Germany, Investment

SEB, AMF and FAM create Sindre Invest AB to help Swedish companies make it through the economic crisis

Posted on 12, June 2020 by

(PRESS RELEASE) STOCKHOLM, 12-Jun-2020 — /EuropaWire/ — SEB, AMF and FAM team up to support Swedish companies in need of capital to make it through the corona crisis. The partners invested SEK 3.5bn in a jointly owned company, Sindre Invest … Read the full press release →

Posted in Banks, Business, Investment, News, Small Business, Sweden

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Unilever streamlines its Group legal structure under a single parent company, Unilever PLC

Posted on 11, June 2020 by

(PRESS RELEASE) LONDON/ ROTTERDAM, 11-Jun-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever announces plans to combine its current dual-headed legal structure under a single parent company, Unilever PLC. This move will create a simpler company with greater strategic … Read the full press release →

Posted in Agriculture, Business, Law, Management, Netherlands, News, United Kingdom

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Turkish pulses producer Yayla gets EUR 25 million loan from EBRD

Posted on 22, May 2020 by

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The multilateral developmental investment bank EBRD has announced it is financing the day-to-day operations of the Turkish pulses producer Yayla with €25 million loan in the form of working capital. Yayla is facing … Read the full press release →

Posted in Agriculture, Banks, Business, Financial, Investment, Turkey, United Kingdom

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MEDIS medical imaging systems acquires Advanced Medical Imaging Development S.r.l. (AMID) and secures further investment from Van Herk Ventures

Posted on 11, May 2020 by
MEDIS medical imaging systems acquires Advanced Medical Imaging Development S.r.l. (AMID) and secures further investment from Van Herk Ventures

(PRESS RELEASE) LEIDEN, Netherlands, 11-May-2020 — /EuropaWire/ — MEDIS, a leading developer and supplier of software applications for image-based diagnosis and quantitative assessment of cardiovascular disease, today announced that it acquired Advanced Medical Imaging Development S.r.l. (AMID), a developer and … Read the full press release →

Posted in Healthcare, Investment, Italy, Netherlands, News, Pharma & Biotech

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HeidelbergCement 1Q2020: €1 billion expense reduction thanks to the company’s COVID-19 action plan COPE started in February

Posted on 7, May 2020 by

Strong first quarter 2020 – result *) increases by 4% despite decline in revenue 2020 outlook uncertain – negative impact expected on revenue and result €1 billion cash savings – COVID-19 action plan COPE initiated in February Solid financial position … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Management, News

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EBRD now owns approximately 8.4 per cent stake in Addiko Bank

Posted on 5, March 2020 by

(PRESS RELEASE) LONDON, 5-Mar-2020 — /EuropaWire/ — EBRD now owns a stake of approximately 8.4 per cent of Addiko Bank AG. EBRD has swapped its indirect stake in the bank, which it held via a private special purpose vehicle, with … Read the full press release →

Posted in Austria, Banks, Financial, Infrastructure & Utilities, Investment, News, United Kingdom

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Polymer assemblies and components manufacturer Nylacast takes over Viva Nylons of Leicester, UK

Posted on 5, March 2020 by
Polymer assemblies and components manufacturer Nylacast takes over Viva Nylons of Leicester, UK

(PRESS RELEASE) LEICESTER, 5-Mar-2020 — /EuropaWire/ — High-precision polymer assemblies and components manufacturer Nylacast has announced it has acquired Leicester, UK based Viva Nylons. Nylacast is backed by private equity firm Equistone and the deal is said to be part … Read the full press release →

Posted in Business, Chemicals, Industrial, Investment, News, United Kingdom

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Montagu announces the acquisition of RTI Surgical Holdings’ OEM business

Posted on 13, February 2020 by

(PRESS RELEASE) LONDON, 13-Feb-2020 — /EuropaWire/ — Leading European private equity firm, Montagu Private Equity to acquire the OEM, sports and reconstructive surgery implants divisions of RTI Surgical Holdings. RTI’s OEM business has a global customer base for biologic, metal … Read the full press release →

Posted in Business, Germany, Healthcare, Investment, News, Pharma & Biotech, United Kingdom

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Eni, SNOC discover new gas field in UAE Sharjah’s onshore

Posted on 28, January 2020 by

(PRESS RELEASE) SAN DONATO MILANESE, Italy, 28-Jan-2020 — /EuropaWire/ — The partnership between Eni, Italian gas company and Sharjah National Oil Corporation (SNOC) has borne fruit after a year, following concession agreement, in a discovery of gas and condensate in … Read the full press release →

Posted in Energy, Gas & Oil, Industrial, Investment, Italy, News

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Digi Communications N.V.: (i) launch of an offering by RCS & RDS S.A. of senior secured notes; (ii) issuance of a notice of conditional full redemption of all outstanding €550.0m 5.0% senior secured notes due 2023 issued by the Company and (iii) restatement by the Company of its unaudited interim condensed consolidated financial statements for the 9-month period ended 30 Sep 2019

Posted on 27, January 2020 by

(PRESS RELEASE) BUCHAREST, Romania, 27-Jan-2020 — /EuropaWire/ — Digi Communications N.V. Announces the publishing of The Company hereby reports the following events: (i) launch of an offering by RCS & RDS S.A., the Romanian subsidiary of the Company (“RCS&RDS”), of … Read the full press release →

Posted in Business, Financial, Investment, Law, Media, News, Romania, Telecom

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Deutsche Börse Cash Market: First ETF in Europe with focus on companies active in the medical cannabis

Posted on 14, January 2020 by
Deutsche Börse Cash Market: First ETF in Europe with focus on companies active in the medical cannabis

(PRESS RELEASE) FRANKFURT, 14-Jan-2020 — /EuropaWire/ — The Medical Cannabis and Wellness UCITS ETF, developed by HANetf and leading Canada-based asset manager Purpose Investment Inc., is a new Exchange Traded Fund (ETF) that is going to be tradable on Xetra … Read the full press release →

Posted in Financial, Germany, Healthcare, Investment, Ireland, News

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Schroders names Yves Desjardins as Country Head of France

Posted on 13, January 2020 by

(PRESS RELEASE) LONDON, 13-Jan-2020 — /EuropaWire/ — Schroders announces the appointment of Yves Desjardins as Country Head of France. Yves will lead and further develop Schroders’ activities in France. He will report to Karine Szenberg, Head of Europe at Schroders. … Read the full press release →

Posted in Business, Financial, France, Investment, Management, United Kingdom

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Management buys out Eleda Infra Services Group from Triton funds

Posted on 17, December 2019 by
Management buys out Eleda Infra Services Group from Triton funds

(PRESS RELEASE) STOCKHOLM, 17-Dec-2019 — /EuropaWire/ — Sweden based civil engineering company Eleda Infra Services Group‘s management team has signed an agreement to acquire the company from funds (Nordic Triton Smaller Mid-Cap) advised by Triton as the terms of the … Read the full press release →

Posted in Construction, Financial, Infrastructure & Utilities, Investment, News, Sweden

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Equistone: WHP Telecoms enters the fibre market with the acquisition of Sitec Infrastructure Services Ltd

Posted on 9, December 2019 by
Equistone: WHP Telecoms enters the fibre market with the acquisition of Sitec Infrastructure Services Ltd

(PRESS RELEASE) LONDON, 9-Dec-2019 — /EuropaWire/ — WHP Telecoms, private equity backed by Equistone, announced it is about to complete the acquisition of Sitec Infrastructure Services Ltd (Sitec). With the deal the wireless telecommunications services provider WHP Telecoms will further … Read the full press release →

Posted in Internet & Online, Investment, News, Technology, Telecom, United Kingdom

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Fortum-Rusnano wind investment fund starts a 50-megawatt (MW) wind power project in the Rostov region, Russia

Posted on 5, December 2019 by

(PRESS RELEASE) HELSINKI, 5-Dec-2019 — /EuropaWire/ — The Fortum-Rusnano wind investment fund announced it is taking on its fifth project out of the total 1,823 MW awarded to the fund in the Russian wind auction during 2017 and 2018. The … Read the full press release →

Posted in Energy, Gas & Oil, Finland, Investment, News, Russia

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CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

Posted on 25, November 2019 by

(PRESS RELEASE) HELSINKI, 25-Nov-2019 — /EuropaWire/ — CapMan Nordic Real Estate II Fund acquired a retail and office property located at Købmagergade 42 in Copenhagen. The property is located in one of the main pedestrian streets in Copenhagen, within a … Read the full press release →

Posted in Denmark, Financial, Finland, Investment, Management, News, Retail

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Santander takes over the majority stake in UK based Ebury for EUR 400 million 

Posted on 5, November 2019 by
Santander takes over the majority stake in UK based Ebury for EUR 400 million 

(PRESS RELEASE) MADRID, 5-Nov-2019 — /EuropaWire/ — UK based Ebury, which is the best-in-class trade and foreign exchange facilitator for small and medium-sized companies has received €400 million (~£350 million) strategic investment from Banco Santander. Santander’s investment in Ebury will … Read the full press release →

Posted in Banks, Financial, Investment, News, Small Business, Spain, United Kingdom

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Eni: gas and condensate production starts at Obiafu 41 in Nigeria

Posted on 23, October 2019 by

(PRESS RELEASE) MILAN, 23-Oct-2019 — /EuropaWire/ — Eni has announced it begun production of gas and condensate from the Obiafu 41 discovery in the Niger Delta. According to the company the gas from this discovery will mainly be delivered to … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Italy, News

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CapMan Nordic Property Income Fund form high-quality modern office sub-portfolio with three acquired assets in Greater Helsinki

Posted on 15, August 2019 by

(PRESS RELEASE) HELSINKI, 15-Aug-2019 — /EuropaWire/ — CapMan Nordic Property Income Fund completed two separate transactions to form a high-quality modern office sub-portfolio. Together the properties form a c. 14,500 sqm office portfolio with over 5- year blended lease maturity … Read the full press release →

Posted in Financial, Finland, Investment, News, Real Estate

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Bridgepoint: Estera acquired by Inflexion company Ocorian

Posted on 19, July 2019 by

(PRESS RELEASE) LONDON, 19-Jul-2019 — /EuropaWire/ — Bridgepoint announces acquisition of Estera, its global provider of funds, corporate and trust services. Estera will be merged with Inflexion’s existing portfolio company Ocorian, following completion of the investment. Estera and Ocorian will … Read the full press release →

Posted in Business, Financial, Investment, Management, News, United Kingdom

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Moody’s Analytics Knowledge Services to continue as an independent company backed by Equistone; expands its proprietary suite of automation tools

Posted on 17, July 2019 by
Moody’s Analytics Knowledge Services to continue as an independent company backed by Equistone; expands its proprietary suite of automation tools

Equistone takes over Moody’s Analytics Knowledge Services from Moody’s Corporation (NYSE: MCO) (PRESS RELEASE) LONDON, 17-Jul-2019 — /EuropaWire/ — The leading provider of research, analytics and automation technology to the financial services sector, Moody’s Analytics Knowledge Services has been acquired … Read the full press release →

Posted in Banks, Business, Financial, Investment, Management, News, United Kingdom

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GULFTECH ANNOUNCES EXPANSION INTO FRESH CUT PRODUCE MARKET WITH ACQUISITION OF ABL, S.p.A.

Posted on 15, July 2019 by

Gulftech expands to fresh cut produce market with strategic acquisition of ABL, SpA (PRESS RELEASE) MODENA, Italy, 15-Jul-2019 — /EuropaWire/ — Gulftech International, Inc. (“Gulftech”) based in Denver, Colorado, USA, announced today that it has completed the acquisition of ABL … Read the full press release →

Posted in Agriculture, Business, Electronics & Machinery, Financial, Food & Beverage, Industrial, Investment, Italy

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Bain Capital acquires majority stake in Kantar from WPP valuing the data and research firm at EUR 3.54 billion

Posted on 15, July 2019 by
Bain Capital acquires majority stake in Kantar from WPP valuaing the data and research firm at EUR 3.54 billion

(PRESS RELEASE) LONDON, 15-Jul-2019 — /EuropaWire/ — Kantar, WPP’s global data, research, consulting and analytics business, will be acquired by Bain Capital according to an agreement signed by WPP and Bain Capital. The deal sees Bain Capital taking over the … Read the full press release →

Posted in Business, Financial, Investment, Marketing, Media, United Kingdom

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BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

Posted on 7, June 2019 by
BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

(PRESS RELEASE) LUANDA / LONDON, 7-Jun-2019 — /EuropaWire/ — BP and partners have agreed to invest further in deepwater Block 15, offshore Angola. The current investment is part of an agreement with Angola’s National Agency for Petroleum, Gas and Biofuels … Read the full press release →

Posted in Business, Energy, Gas & Oil, Investment, News, United Kingdom

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Deutsche Bank Research on India’s general elections: the rupee, foreign investors, equities

Posted on 12, April 2019 by

(PRESS RELEASE) FRANKFURT AM MAIN, 12-Apr-2019 — /EuropaWire/ — Deutsche Bank Research has observed a statistical trend during the general elections in India that almost all the time plays out in a similar manner. According to the bank’s researchers, India’s … Read the full press release →

Posted in Banks, Economy, Financial, Germany, Government, Investment, News, Politics

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Senior secured financing by EQT Mid-Market Credit II in support of the acquisition of multiplex protein testing company in Sweden

Posted on 13, March 2019 by

(PRESS RELEASE) STOCKHOLM, 13-Mar-2019 — /EuropaWire/ — Summa Equity’s acquisition of Olink AB has been supported by EQT Credit through its Mid-Market Credit investment strategy. EQT Credit has provided a senior secured financing in support of the deal. Olink Proteomics … Read the full press release →

Posted in Business, Financial, Investment, News, Pharma & Biotech, Sweden

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Credit Suisse holds the first-ever Swiss-wide day dedicated to the entrepreneurship

Posted on 20, February 2019 by

(PRESS RELEASE) ZURICH, 20-Feb-2019 — /EuropaWire/ — Credit Suisse is today commemorating the 200th anniversary the birth of Alfred Escher. What Alfred Escher has achieved back in the 19th century continues to have a lasting impact on Switzerland as an economic … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, News, Pharma & Biotech, Small Business, Switzerland

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Hamburg Commercial Bank invests in second broadband and optic fibre project in Spain

Posted on 13, February 2019 by

(PRESS RELEASE) HAMBURG/KIEL, 13-Feb-2019 — /EuropaWire/ — Hamburg Commercial Bank participates in EUR 100 million financing for the Spanish company Adamo Telecom Iberia S.A.U. The allocated resource by the bank is EUR 30 million taking part in the deal as a lead arranger … Read the full press release →

Posted in Banks, Financial, Germany, Internet & Online, Investment, News, Spain, Technology, Telecom

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Roland Berger study sees pan-European growth in the demand for energy efficiency services; market expected to double in size by 2025

Posted on 13, February 2019 by

(PRESS RELEASE) MUNICH, 13-Feb-2019 — /EuropaWire/ — New study by Roland Berger, released on 13 February, looks into the market for energy efficiency services across Europe. According to the research paper the key findings are 1) the market is expected to grow … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, Marketing, News

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Digi Communications N.V. to offer additional €125,000,000 5.0% senior secured notes due 2023; new notes will be consolidated and treated as its existing €350,000,000; adjustment on interim unaudited consolidated financial statements for the nine-month period ending September 30, 2018

Posted on 6, February 2019 by

(PRESS RELEASE) BUCHAREST, Romania, 6-Feb-2019 — /EuropaWire/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that, on 6 February 2019, it decided to offer (the “Offering”) additional €125,000,000 5.0% senior secured notes due … Read the full press release →

Posted in Business, Financial, Hungary, Investment, Ireland, Management, Media, News, Romania, Technology, Telecom

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Eni acquires what would be the largest photovoltaic farm in the Northern Territory

Posted on 5, February 2019 by

(PRESS RELEASE) MILAN, 5-Feb-2019 — /EuropaWire/ — Eni, through its subsidiary in Australia Eni Australia Limited, has just completed the acquisition a solar project in the Northern Territory of Australia. The project is construction-ready and includes the installation of 33.7 MWp (Mega Watt peak) of ground-mounted PV … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Infrastructure & Utilities, Italy, News, Technology

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Combined Solenis boasts expanded product portfolio and cost-effective solutions for paper and water treatment customers

Posted on 1, February 2019 by

(PRESS RELEASE) LUDWIGSHAFEN, Germany / WILMINGTON, Delaware, USA, 1-Feb-2019 — /EuropaWire/ — Authorities have granted approval for BASF and Solenis to complete the merger of their paper and water chemicals businesses. Originally announced in May 2018, BASF and Solenis have now completed the transfer of BASF’s … Read the full press release →

Posted in Business, Chemicals, Germany, Industrial, News

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