Search Results for: acquisitions

ORLEN Expands European Network with Acquisition of Doppler Energie’s Service Stations in Austria

Posted on 9, January 2024 by

(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release →

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

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Global Life Sciences M&A Surges to $191 Billion in 2023, Driven by Big Pharma’s Big Deals

Posted on 8, January 2024 by

(IN BRIEF) The global life sciences industry has witnessed a resurgence in mergers and acquisitions (M&A) activity, with investments totaling $191 billion by December 10, 2023, compared to $142 billion in 2022. Although the number of completed deals decreased, the … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Pharma & Biotech, Science, United Kingdom

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QIAGEN Expands Presence in Middle East with New Riyadh HQ, MoU with Saudi Ministry of Health, and Oman TB Screening Initiative

Posted on 4, January 2024 by

(IN BRIEF) QIAGEN, a leading provider of molecular diagnostics and life sciences solutions, is significantly expanding its operations in the Middle East region. In early 2024, the company will open its regional headquarters in Riyadh, Saudi Arabia, to strengthen its … Read the full press release →

Posted in Business, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology

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OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

Posted on 4, January 2024 by

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release →

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

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Ricoh Strengthens Production Print Capabilities with Albyco Acquisition

Posted on 4, January 2024 by

(IN BRIEF) Ricoh, a leader in the print and graphics industry, has successfully acquired Albyco, a Netherlands-based business specializing in finishing solutions for digital graphic communications, labels, signage, and packaging. This strategic move enhances Ricoh’s production print finishing capabilities across … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology, United Kingdom

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Enea AB Repurchases 22,505 Shares as Part of Capital Structure Adjustment Plan

Posted on 28, December 2023 by

(IN BRIEF) Between December 18 and 22, 2023, Enea AB (publ) has repurchased a total of 22,505 of its own shares (ISIN: SE0009697220) as part of the share buyback program initiated with authorization from the Annual General Meeting in 2023. … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom

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SSAB AB Repurchases 1.8 Million Shares as Part of Capital Structure Adjustment

Posted on 28, December 2023 by

(IN BRIEF) Between December 18 and 22, 2023, SSAB AB (publ) has repurchased a total of 1,848,850 of its own shares, consisting of 466,854 shares of series A and 1,381,996 shares of series B. This buyback is part of a … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden

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Accenture Strengthens Marketing Transformation in Indonesia with Jixie Acquisition

Posted on 21, December 2023 by

(IN BRIEF) Accenture has announced its acquisition of Jixie, a media and marketing technology company, to enhance its marketing transformation capabilities. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture Song, Accenture’s tech-powered creative group, to offer … Read the full press release →

Posted in Business, Ireland, Management, Marketing, Technology

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Industrie De Nora Receives ‘Top Investor in China Award’ for 30 Years of Successful Investment and Growth in the Chinese Market

Posted on 18, December 2023 by

(IN BRIEF) Industrie De Nora, an Italian multinational specializing in electrochemistry and sustainable technologies, has been honored with the “Top Investor in China Award” at the China Awards 2023 event in Milan. The award recognizes De Nora’s significant investments and … Read the full press release →

Posted in Awards, Business, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Italy, Management, Media, News

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UK-Based Redkite Joins Accenture to Enhance Data-Driven Intelligence

Posted on 15, December 2023 by

(IN BRIEF) Accenture has acquired Redkite, a UK-based data consultancy with expertise in data-driven intelligence and AI. The acquisition, aligned with Accenture’s strategic plan, expands the company’s data capabilities and enhances its ability to provide modern data platforms that utilize … Read the full press release →

Posted in Business, Investment, Ireland, Technology, United Kingdom

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Voith Group Achieves Robust Performance Amidst Challenging Environment, Prioritizes Sustainability and Growth

Posted on 13, December 2023 by

(IN BRIEF) The Voith Group has demonstrated resilience and achieved strong results during the 2022/23 fiscal year, navigating a challenging economic environment successfully. The company reported positive growth across key performance indicators, with orders received surpassing expectations at €6.14 billion, … Read the full press release →

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

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Thales Completes Early Acquisition of Imperva, Creating Global Cybersecurity Leader

Posted on 4, December 2023 by

(IN BRIEF) Thales, the global technology company, has successfully completed the acquisition of Imperva ahead of schedule, marking a significant milestone in the company’s cybersecurity expansion plans. The acquisition positions Thales as a worldwide leader in cybersecurity, with a team … Read the full press release →

Posted in Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology

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Accenture Strengthens Regional Creative Capabilities with Rabbit’s Tale Acquisition in Thailand

Posted on 29, November 2023 by

(IN BRIEF) Accenture, a global technology and consulting company, is set to acquire Rabbit’s Tale, a renowned Bangkok-based creative and digital experience agency. This strategic move aims to bolster the creative, brand, and data capabilities of Accenture Song, the world’s … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Ireland, Management, Marketing, News, Technology

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EBRD Invests €60 Million in M Plus Croatia for International Expansion in BPO Services

Posted on 29, November 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release →

Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, United Kingdom

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

Posted on 21, November 2023 by

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland

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Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

Posted on 20, November 2023 by

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release →

Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Real Estate

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Minsait Payments Expands Payment Technology Services with Acquisition of Pecunpay

Posted on 16, November 2023 by

(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 →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology

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RWE Invests €10.3 Billion in Green Initiatives, Grows Portfolio by 5.7 GW

Posted on 15, November 2023 by

(IN BRIEF) RWE, a leading energy company, has reported significant investments of €10.3 billion in its “Growing Green” program during the first nine months of fiscal 2023, marking a substantial increase from the previous year’s €3.1 billion investment. The acquisition … Read the full press release →

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

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Continental Unveils Innovative Solutions for Sustainable Smart Farming at Agritechnica 2023

Posted on 14, November 2023 by

(IN BRIEF) Continental, a leading technology company, is showcasing its extensive product and service portfolio tailored to the agricultural sector at Agritechnica 2023. Under the theme “Our Smart Farming. For your harvest of tomorrow,” Continental presents a range of sustainable … Read the full press release →

Posted in Agriculture, Automotive, Business, Environment, Germany, Industrial, Management, Media, News, Technology

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Teck Resources to Exit Elk Valley in Landmark $6.93 Billion Deal with Glencore, Reshaping Canadian Mining

Posted on 14, November 2023 by

(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release →

Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland

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Unilever Grants Ice Cream Industry Free Access to Energy-Efficient Reformulation Patents

Posted on 9, November 2023 by

(IN BRIEF) Unilever has made a significant move towards reducing energy consumption in the ice cream industry by offering a free non-exclusive license for 12 reformulation patents. These patents are aimed at enabling ice cream products to remain stable at … Read the full press release →

Posted in Business, Commodities, Energy, Gas & Oil, Environment, Food & Beverage, Industrial, Infrastructure & Utilities, Management, News, Technology, Transportation & Logistics, United Kingdom

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Telefónica Launches Voluntary Public Acquisition Offer for Telefónica Deutschland Shares

Posted on 8, November 2023 by

(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 →

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

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Deutsche Telekom Plans Dividend Increase and €2 Billion Share Buyback for 2024

Posted on 3, November 2023 by

(IN BRIEF) The Board of Management of Deutsche Telekom has announced its plans for shareholder remuneration in the upcoming year. The company intends to increase the dividend for the 2023 financial year to €0.77 per dividend-bearing share, up from €0.70 … Read the full press release →

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

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Heidelberg Materials Reports Strong Financial Results, Expands Sustainability Efforts, and Announces Board Changes

Posted on 2, November 2023 by

(IN BRIEF) Heidelberg Materials, a global leader in building materials, has reported a 6.0% increase in revenue to €16,083 million for the first nine months of 2023, despite a decline in sales volumes due to a global economic downturn. The … Read the full press release →

Posted in Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News

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Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

Posted on 2, November 2023 by

(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 →

Posted in Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Security & Safety, Spain, Technology

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HSBC Reports Strong 3Q 2023 Earnings, Plans Share Buy-Backs and Dividends

Posted on 31, October 2023 by

(IN BRIEF) HSBC Holdings plc reported strong financial performance in the third quarter of 2023, with profit before tax rising to $7.7 billion. This increase was driven by a higher interest rate environment and a positive impact related to the … Read the full press release →

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

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Glencore Reports 2023 Q3 Production: Adjusts Nickel and Ferrochrome Forecasts Amidst Challenges

Posted on 31, October 2023 by

(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland

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Unilever Appoints Fernando Fernandez as New CFO Amid Leadership Changes

Posted on 27, October 2023 by

(IN BRIEF) Unilever has announced the appointment of Fernando Fernandez as its new Chief Financial Officer (CFO), effective from January 1, 2024. Fernandez, currently the President of Unilever’s Beauty & Wellbeing Business Group, will succeed Graeme Pitkethly, who is retiring … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Industrial, Management, News, United Kingdom

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Unilever Sells Dollar Shave Club to Nexus Capital Management to Focus on Core Growth Areas

Posted on 27, October 2023 by

(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, United Kingdom

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Eni’s LNG Strategy: New 0.8 bcm Agreement Fuels Growth in Key Asian Markets

Posted on 26, October 2023 by

(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Italy

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SSAB Launches SEK 2.5 Billion (EUR 212.5 Million) Share Buyback Program to Optimize Capital Structure

Posted on 26, October 2023 by

(IN BRIEF) The Board of Directors of SSAB AB (publ) has decided to initiate a share buyback program with a maximum amount of SEK 2.5 billion (~EUR 212.5 Million). The program aims to optimize the company’s capital structure to enhance … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden

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QIAGEN to Host Global TB Summit 2023: Advancing Tuberculosis Awareness and Action

Posted on 13, October 2023 by

(IN BRIEF) QIAGEN is organizing the Global TB Clinical and Educational Summit 2023, running from October 17-19, with the theme “Tackling TB together: From awareness to action.” This summit highlights QIAGEN’s dedication to combat tuberculosis (TB) and address the gap … Read the full press release →

Posted in Business, Education, Environment, Financial, Healthcare, Industrial, Investment, Management, Media, Netherlands, News, Pharma & Biotech, Science, Technology, United Kingdom

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Google Cloud and Unilever Launch ‘My Unilever’ App to Digitally Connect Factory-Based Employees Worldwide

Posted on 12, October 2023 by

(IN BRIEF) Google Cloud and Unilever have jointly launched the “My Unilever” app, designed to digitally connect Unilever’s factory-based employees globally. The app, built on Google Cloud and delivered in partnership with Accenture, provides factory-based colleagues with secure access to … Read the full press release →

Posted in Business, Commodities, Industrial, Management, News, Retail, Technology, United Kingdom

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Enea Donates Historic E-mail Terminal to Stockholm Museum for Milestone Anniversary

Posted on 11, October 2023 by

(IN BRIEF) To mark the 40th anniversary of the first e-mail in Sweden, technology company Enea is donating the Digital DECwriter III terminal used for the historic message to the Museum of Science and Technology in Stockholm, symbolizing Sweden’s digital … Read the full press release →

Posted in Art & Culture, Business, Industrial, Internet & Online, Management, Media, News, Security & Safety, Sweden, Technology

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STARK Group Expands Its Civil Engineering Presence with New Branch in Thuringia

Posted on 10, October 2023 by

(IN BRIEF) STARK Group is expanding its presence in central Germany with the opening of a new branch in Löbichau, Thuringia. This expansion is led by the company’s civil engineering specialist, Muffenrohr, and marks its 47th branch in Germany out … Read the full press release →

Posted in Business, Construction, Denmark, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News

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De Nora and Hydrolite Collaborate to Advance Green Hydrogen Production Using Anion Exchange Membrane (AEM) Technology

Posted on 6, October 2023 by

(IN BRIEF) Italian multinational company Industrie De Nora is partnering with Hydrolite Ltd., an energy subsidiary of Elbit Systems, to jointly develop and introduce a new Anion Exchange Membrane (AEM) stack device for generating and using hydrogen. The partnership aims … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Italy, Management, News, Technology

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Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

Posted on 4, October 2023 by

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Industrial, Investment, Marketing, News, Switzerland

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Oddlygood Acquires Planti, Expanding its Plant-Based Market Leadership in Sweden and Finland

Posted on 3, October 2023 by

(IN BRIEF) Finnish plant-based product producer, Oddlygood, has acquired the Nordic brand Planti® in a strategic move to strengthen its position in the plant-based dairy alternative market. The acquisition makes Oddlygood the market leader in plant-based dairy alternative spoonable snacks … Read the full press release →

Posted in Business, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Sweden

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ABP Appoints Rob Morton as Lead Property Asset Manager to Drive Investment Expansion

Posted on 26, September 2023 by

(IN BRIEF) Associated British Ports (ABP), the UK’s primary port operator, is expanding its investment portfolio by appointing Rob Morton as the Lead Property Asset Manager in its Humber-based property team. Rob will be responsible for identifying new business opportunities, … Read the full press release →

Posted in Business, Industrial, Investment, Management, Real Estate, Transportation & Logistics, United Kingdom

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Natixis CIB Appoints Abbas Rangwala as Head of M&A for Southeast Asia & India

Posted on 26, September 2023 by

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has appointed Abbas Rangwala as the Head of M&A for Southeast Asia & India, a newly created role based in Singapore. With over 20 years of experience in corporate finance, strategy, … Read the full press release →

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

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