Tag Archives: acquisition

Novartis Advances RNA Medicine Strategy Through USD 12 Billion Acquisition of Avidity Biosciences and Its Late-Stage Neuromuscular Programs

(IN BRIEF) Novartis announced a definitive agreement to acquire Avidity Biosciences for USD 12 billion in cash, in a move that strengthens its neuroscience franchise and accelerates its xRNA therapeutic strategy. The acquisition brings Avidity’s late-stage programs in myotonic dystrophy … Read the full press release

ASSA ABLOY Strengthens North American Presence with Acquisition of U.S. Metal Door Manufacturer MPI

(IN BRIEF) ASSA ABLOY has acquired Metal Products Inc. (MPI), a U.S. manufacturer of custom hollow metal doors and frames based in Corbin, Kentucky. The acquisition supports ASSA ABLOY’s strategy to strengthen its position in mature markets through complementary products … Read the full press release

L’Oréal Acquires Creed and Secures Long-Term Beauty Licenses for Gucci, Bottega Veneta, and Balenciaga in Strategic Partnership with Kering

(IN BRIEF) Kering and L’Oréal have entered into a €4 billion strategic alliance that will reshape the luxury beauty and wellness sectors. The agreement includes L’Oréal’s acquisition of the House of Creed, long-term exclusive beauty and fragrance licenses for Gucci, … Read the full press release

Holcim to Acquire Xella, Strengthening Its Leadership in Sustainable Building Solutions Across Europe

(IN BRIEF) Holcim has entered into a binding agreement to acquire Xella, a European leader in sustainable walling systems, in a deal valued at EUR 1.85 billion. Xella, which operates across 21 countries with more than 4,000 employees, offers premium … Read the full press release

German Data Center Security Specialist Kentix Joins ASSA ABLOY to Strengthen Digital & Access Solutions Portfolio

(IN BRIEF) ASSA ABLOY has acquired Kentix GmbH, a German designer and manufacturer specializing in monitoring and access control systems for data centers. Founded in 2008 and based in Idar-Oberstein, Germany, Kentix employs around 40 people and generated approximately EUR … Read the full press release

Sweco Expands Architectural Leadership in Belgium and Luxembourg with Acquisition of assar architects

(IN BRIEF) Sweco has acquired assar architects, a leading Belgian-Luxembourgish architectural firm known for its work on major public and private projects, including NATO’s headquarters and several of Belgium’s largest hospitals. The acquisition adds 150 professionals to Sweco’s team and … Read the full press release

Decho Joins Accenture to Accelerate Deployment of Palantir and Generative AI Platforms in the UK

(IN BRIEF) Accenture has acquired Decho, a UK-based Palantir and AI consultancy, to expand its data and AI capabilities and strengthen its delivery of Palantir-powered solutions across health, government, defense, and commercial sectors. Decho, a Palantir strategic alliance partner, specializes … Read the full press release

Arriva Expands into Rail Construction and Maintenance Through RTS Infrastructure Deal

(IN BRIEF) Arriva Group has acquired RTS Infrastructure, marking its entry into the UK rail infrastructure construction market and expanding its maintenance network with the addition of a new depot near Leeds. The deal includes RTS’s rail maintenance, depot operations, … Read the full press release

Labomar acquires Finland-based Pharmia Holding Oy from CapMan to strengthen European probiotics and medical devices portfolio

(IN BRIEF) CapMan Buyout has sold Pharmia Holding Oy, the leading Nordic contract manufacturer of dietary supplements and medical devices, to Labomar, an Italy-based European group owned by Charterhouse Capital Partners. Since CapMan’s investment in 2021, Pharmia has grown into … Read the full press release

Digi Communications N.V. announces Completion of the Transaction regarding the acquisition of Telekom Romania Mobile Communications’ prepaid business and certain assets

(IN BRIEF) Digi Communications N.V. has finalized the acquisition of Telekom Romania Mobile Communications’ prepaid business, along with certain spectrum licences and telecom towers. The deal, completed on 1 October 2025, brings Telekom’s prepaid customers into the DIGI Romania network, … Read the full press release

Early closing of Megawork deal strengthens GFT’s SAP services and expands reach in Brazil

(IN BRIEF) GFT Technologies SE has completed its acquisition of Brazilian SAP specialist Megawork earlier than planned, closing the deal in September instead of the fourth quarter of 2025. The move strengthens GFT’s SAP Cloud ERP business, adding more than … Read the full press release

Tender Offer for Tourmaline Bio Shares Launched by Novartis Subsidiary Torino Merger Sub

(IN BRIEF) Novartis, through its wholly owned subsidiary Torino Merger Sub Inc., has launched a tender offer to acquire all outstanding shares of Tourmaline Bio, Inc. at USD 48 per share in cash. The offer commenced September 29, 2025, and … Read the full press release

Carmeuse expands in South America with 97.1% acquisition of Cementos Bío Bío in Chile

(IN BRIEF) Carmeuse Group has acquired a 97.1% controlling interest in Chilean company Cementos Bío Bío S.A. through a public tender finalized on 11 September 2025. The acquisition strengthens Carmeuse’s operations in South America, adding to its businesses in Brazil … Read the full press release

SEB Kort rebrands Eurocard corporate services under Airplus to strengthen European corporate payments offering

(IN BRIEF) SEB Kort has begun rebranding Eurocard’s corporate services to operate under the Airplus name starting in September 2025. Eurocard will continue as a consumer card, while Airplus becomes SEB Kort’s dedicated brand for corporate payments. The transition follows … Read the full press release

Capgemini moves closer to $3.3 billion WNS acquisition following shareholder approval

(IN BRIEF) Capgemini confirmed that WNS shareholders approved its proposed $3.3 billion acquisition during meetings held on August 29, 2025. The deal, first announced in July, values WNS shares at 76.50 USD each and will enable Capgemini to build a … Read the full press release

Indosuez Wealth Management completes full acquisition of Banque Thaler to strengthen Swiss market presence

(IN BRIEF) Indosuez Wealth Management has finalized the acquisition of Banque Thaler, securing 100% ownership and strengthening its footprint in the Swiss market. The transaction, announced in April 2025 and approved by regulators, aligns with Indosuez’s long-term growth strategy and … Read the full press release

Mutares expands Goods & Services segment with acquisition of Fuentes, a leading temperature-controlled logistics provider in Spain

(IN BRIEF) Mutares SE & Co. KGaA has acquired Lineage Spain Transportation S.L. “Fuentes” from Lineage Group, making it a new platform investment in the company’s Goods & Services segment. Based in Murcia, Spain, Fuentes specializes in temperature-controlled food transport, … Read the full press release

Covestro completes acquisition of Swiss adhesive film specialist Pontacol to expand Solutions & Specialties segment

(IN BRIEF) Covestro has completed its acquisition of Pontacol, a Swiss producer of multilayer adhesive films, effective August 28, 2025. The deal expands Covestro’s Solutions & Specialties segment by adding advanced flat and blown adhesive films, strengthening its presence in … Read the full press release

Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

(IN BRIEF) Vienna Insurance Group (VIG) has acquired 80% of Moldasig following a successful public auction, making it the market leader in Moldova with around 30% share. The Share Purchase Agreement with the Moldovan state finalises VIG’s acquisition plan announced … Read the full press release

Wood confirms Sidara considering reduced 30p per share takeover offer after due diligence completion

(IN BRIEF) Wood has provided a further update on its potential takeover discussions with Sidara. While Sidara had originally indicated a possible cash offer of 35 pence per share in April 2025, it has now stated, following completion of its … Read the full press release