Search Results for: acquisition

Groupe Casino Expands Stake in Cnova to 98.8% with Acquisition from GPA

(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release

Accenture Strengthens New Zealand Presence with Solnet Acquisition, Bolstering Cloud and Tech Expertise

(IN BRIEF) Accenture, a global technology services and consulting firm, has successfully completed its acquisition of Solnet, an IT services provider renowned for its technology consulting services to both the New Zealand government and private sector. This strategic move enhances … Read the full press release

Barco Announces Full Acquisition of Cinionic’s Premium Cinema Solutions Business, Strengthening Global Cinema Industry Presence

(IN BRIEF) Barco, a prominent player in the global cinema industry, has finalized an agreement to fully acquire Cinionic’s premium cinema solutions business in collaboration with China Film Equipment Co., Ltd. (CFEC). This strategic move underscores Barco’s commitment to the … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Expands Natural Gas Operations with KUFPEC Norway Acquisition

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release

AFRY Strengthens Nuclear Safety Expertise with Acquisition of Hungarian Firms SOM System Kft. and TTSA Mérnökiroda Kft.

(IN BRIEF) Swedish engineering and consulting company AFRY has made a strategic move to acquire Hungarian nuclear safety consulting firms SOM System Kft. and TTSA Mérnökiroda Kft., collectively known as SOM. The acquisition enhances AFRY’s capabilities in the nuclear sector, … Read the full press release

Accenture Expands New Zealand Presence with Acquisition of IT Services Provider Solnet

(IN BRIEF) Accenture, a global technology consulting and services company, has announced its acquisition of Solnet, a New Zealand-based IT services provider specializing in technology consulting for government and private organizations. While the terms of the deal remain undisclosed, Solnet’s … Read the full press release

Minsait Payments Expands Payment Technology Services with Acquisition of Pecunpay

(IN BRIEF) Minsait Payments has acquired 100% of Pecunpay, a Spanish Electronic Money Institution specializing in serving fintechs and neo-banks. This strategic move aims to enhance Minsait Payments’ position as a payment technology services provider by integrating Pecunpay’s assets and … Read the full press release

SAP Finalizes Acquisition of LeanIX, Expanding Transformation Suite

(IN BRIEF) SAP SE has successfully concluded its acquisition of LeanIX, a prominent player in enterprise architecture management (EAM). LeanIX specializes in facilitating the modernization of IT landscapes and continuous business transformation through its software-as-a-service solutions. These tools empower organizations … Read the full press release

Telefónica Launches Voluntary Public Acquisition Offer for Telefónica Deutschland Shares

(IN BRIEF) Telefónica, through its subsidiary Telefónica Local Services GmbH, is making a voluntary public acquisition offer to acquire up to 28.19% of Telefónica Deutschland shares not currently held by Telefónica. The offer price of EUR 2.35 per share represents … Read the full press release

Ramboll Strengthens Management Consulting Practice with Acquisition of Strategy Implementation Specialist acondas

(IN BRIEF) Ramboll has continued to bolster its Management Consulting practice by acquiring acondas, a renowned Germany-based management consultancy specializing in strategy implementation, sustainability transformation, value enhancement, and transaction advice. This acquisition adds 40 highly skilled consultants to Ramboll’s team. … Read the full press release

Borealis Successfully Completes Acquisition of Rialti to Strengthen Recyclate-Based Polypropylene Compounding Business

(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release

Schneider Electric Completes Acquisition of Climate Consulting Leader EcoAct to Boost Net Zero Solutions

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has successfully finalized its acquisition of EcoAct SAS, an international leader in climate consulting and net-zero solutions based in Paris, France. This strategic move brings together two top-tier … Read the full press release

Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

(IN BRIEF) Accenture, a global technology and consulting firm, has acquired Innotec Security, a prominent cybersecurity-as-a-service company headquartered in Madrid, Spain. This acquisition enhances Accenture’s cybersecurity capabilities and presence in Spain. Innotec Security, previously owned by Entelgy Group, brings 500 … Read the full press release

Continental Expands Industrial Solutions with Acquisition of Conveyor and Maintenance Firm Vertech AB

(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release

Accenture Completes Acquisition of ConcentricLife to Enhance Healthcare Marketing Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of ConcentricLife, a prominent healthcare marketing agency known for its expertise in assisting Life Sciences brands in creating optimal brand experiences throughout various stages of the health journey. This strategic acquisition underscores … Read the full press release

Accenture Expands Insurance Operations Capabilities with ON Service GROUP Acquisition in Germany

(IN BRIEF) Accenture has acquired ON Service GROUP, a prominent provider of business process services specialized in insurance operations in Germany. This strategic acquisition aims to enhance Accenture’s capabilities in insurance operations, allowing it to offer a wider range of … Read the full press release

Continental Bolsters Mobile Robotics Expertise with Acquisition of KINEXON’s ‘Brain’ Division

(IN BRIEF) Continental has acquired KINEXON’s specialist division for on-board operating systems used in autonomous mobile robots (AMR). This acquisition strengthens Continental’s position in the field of mobile robotics and expands its expertise in software and hardware for AMRs. The … Read the full press release

VetPartners Set for Positive Transformation with EQT Acquisition

(IN BRIEF) EQT is set to acquire VetPartners, the largest provider of veterinary services in Australia and New Zealand, from National Veterinary Associates, Inc. Through this deal, EQT plans to support VetPartners’ clinical teams in delivering top-quality care to animals. … Read the full press release

DHL Group Completes Acquisition of Turkish Parcel Delivery Company MNG Kargo, Boosting E-commerce Logistics

(IN BRIEF) DHL Group has successfully finalized its acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, following approvals from the Turkish Competition Authority and the Turkish Information and Communications Technologies Authority. MNG Kargo, a … Read the full press release

Infineon Strengthens IoT and Automotive Portfolio with Acquisition of UWB Pioneer 3db Access AG

(IN BRIEF) Infineon Technologies AG has successfully acquired Zurich-based startup 3db Access AG, a leading provider of secured low-power Ultra-Wideband (UWB) technology. 3db is already recognized as a preferred IP provider for major automotive brands. This acquisition represents a significant … Read the full press release

AFRY Capital Advises Orora on Proposed Acquisition of Saverglass, Strengthening Sustainable Packaging Leadership

(IN BRIEF) AFRY Capital is serving as joint financial advisor to Orora Limited, a prominent Australian manufacturer and distributor of sustainable packaging, in its planned acquisition of Saverglass, a leading global producer and distributor of premium glass bottles headquartered in … Read the full press release

SUEZ Strengthens UK Presence with Acquisition of DCW, Expanding Recycling and Waste Management Offerings

(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release

Ombrea Acquisition Enhances TotalEnergies’ Commitment to Green Agriculture

(IN BRIEF) TotalEnergies has successfully acquired Ombrea, a leading French agrivoltaics company. Ombrea, established in 2016, specializes in integrating agriculture and solar power generation. With this acquisition, TotalEnergies aims to accelerate the development of agrivoltaic projects in France and worldwide, … Read the full press release

Michelin’s Acquisition of Flex Composite Group Puts It at the Helm of High-Tech Fabric and Film Leadership

(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release

DNV Expands Energy Services with Acquisition of ANB Systems, Bolstering Energy Efficiency Solutions

(IN BRIEF) DNV has acquired ANB Systems, a Houston-based software as a service (SaaS) company specializing in energy program services for utility and regulatory body customers. The move is part of DNV’s commitment to supporting the energy transition by enhancing … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

RWE Aktiengesellschaft Initiates Share Acquisition for Employee Share Programme Compliance

(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release

DB Schenker Advances Green Logistics Ambition with Acquisition of 53 Renault Electric Trucks in France

(IN BRIEF) DB Schenker, a prominent logistics service provider, is reinforcing its commitment to emissions reduction by investing in electric technology. The company has procured 53 Renault Trucks E-Tech D electric carriers for its operations in France. This move aligns … Read the full press release

Eni Completes First Phase of Treasury Share Buyback Program with Acquisition of 4.2 Million Shares

(IN BRIEF) Eni, an energy company, has acquired 4,233,249 shares on the Euronext Milan from August 21 to August 24, 2023, as part of its treasury share buyback program. The shares were purchased at a weighted average price of €14.1299 … Read the full press release

Logicor Expands Logistics Portfolio with Acquisition of Greenfield Development in Lelystad, Netherlands

(IN BRIEF) Logicor, a prominent logistics real estate developer, owner, and manager in Europe, has finalized the acquisition of a logistics greenfield development site in Lelystad, Netherlands. The site spans over 61,000 m2 and will host the construction of three … Read the full press release

Accenture Bolsters Industrial Expertise with Acquisition of ATI Solutions Group

(IN BRIEF) Accenture has acquired ATI Solutions Group (ATI), a consulting service provider based in Perth that serves the mining, energy, and rail industries. The acquisition aims to enhance Accenture’s capabilities in Western Australia, where there’s a demand for specialized … Read the full press release

Sandoz Expands Hospital Offering and Anti-Infectives Portfolio with Mycamine® Brand Rights Acquisition

(IN BRIEF) Sandoz, a global leader in generic and biosimilar medicines, has successfully acquired the worldwide brand rights for the systemic antifungal agent Mycamine® (micafungin sodium) from Astellas. This acquisition bolsters Sandoz’s position in the global hospital sector and enhances … Read the full press release

Expro Advances Subsea Services Portfolio with PRT Offshore Acquisition

(IN BRIEF) Energy services provider Expro has announced its definitive agreement to acquire PRT Offshore, an offshore services provider, in a deal valued at approximately $106 million. The acquisition, subject to closing conditions and working capital adjustments, will be paid … Read the full press release

Kalmar, a division of Cargotec, Announces Acquisition of Electric Terminal Tractor Product Line from Lonestar Specialty Vehicles

(IN BRIEF) Kalmar, a division of Cargotec, has announced its acquisition of the electric terminal tractor product line from Lonestar Specialty Vehicles (LSV) in the US. As part of the deal, LSV will transfer immaterial assets to Kalmar and become … Read the full press release

TotalEnergies Advances Carbon Storage Strategy with Acquisition of 40% Interest in CO2 Storage Exploration License

(IN BRIEF) TotalEnergies has entered into an agreement with CapeOmega Carbon Storage AS to acquire a 40% participating interest in the CO2 storage exploration license ExL004, also known as the “Luna” project. The license covers an area of 453 sq.km … Read the full press release

Siemens Boosts eMobility Portfolio with Acquisition of Heliox for Fast Charging Solutions

(IN BRIEF) Siemens AG has announced its intent to acquire Heliox, a Dutch company specializing in fast charging solutions for electric buses, trucks, and vehicles. This acquisition will expand Siemens’ eMobility charging portfolio, enhancing its offerings for eBus and eTruck … Read the full press release

Saint-Gobain’s Acquisition of Building Products of Canada Approved, Strengthens Presence in Sustainable Construction

(IN BRIEF) Saint-Gobain has received approval from the Competition Bureau of Canada for its acquisition of Building Products of Canada, a manufacturer of residential roofing shingles and wood fiber insulation panels. The acquisition, which enhances Saint-Gobain’s presence in light and … Read the full press release

TotalEnergies and INPEX Collaborate with PTTEP for Acquisition of AC-RL7 Permit in Australia

(IN BRIEF) TotalEnergies and INPEX have partnered with PTTEP to acquire the AC-RL7 permit in Australia. TotalEnergies will own 26% while INPEX will have a 74% stake and assume operatorship, subject to regulatory approval. The permit includes Cash and Maple … Read the full press release

Accenture Enhances Capital Project Capabilities with Anser Advisory Acquisition

(IN BRIEF) Accenture, a global professional services company, has completed the acquisition of Anser Advisory, a management and advisory firm specializing in infrastructure projects in the United States. The acquisition strengthens Accenture’s capabilities in capital projects and allows them to … Read the full press release

Holcim Expands European Roofing Platform with Acquisition of CSTR, Strengthening Sustainable Solutions Portfolio

(IN BRIEF) Holcim has completed the acquisition of Cooper Standard Technical Rubber GmbH (CSTR), a prominent manufacturer of durable and technical rubber products used in roofing systems. With this acquisition, Holcim aims to expand its roofing platform in Europe and … Read the full press release