Tag Archives: acquisition

CapMan Growth Fund to sell its 29 per cent stake in Fluido Oy to Infosys

the Finnish growth company becomes part of an international technology frontrunner HELSINKI, 17-Sep-2018 — /EuropaWire/ — CapMan Growth Fund has, together with its other owners, signed an agreement on selling its holdings of Fluido Oy, the leading Salesforce partner in the … Read the full press release

Munich Re to acquire software company relayr for US$ 300m

Via its subsidiary HSB, Munich Re is to acquire the tech company relayr, of which it will hold 100% of the shares upon completion Relayr is valued at US$ 300m Relayr offers industrial players end-to-end solutions in the area of … Read the full press release

StormGeo becomes a one-stop-shop for digital navigation and planning for the modern maritime industry with the acquisition of Nautisk

STOCKHOLM, 05-Sep-2018 — /EuropaWire/ — The quote “A little rain never hurt anybody” is not a wise recommendation. At least not if you ask EQT portfolio company StormGeo – the leading provider of weather intelligence and decision support for companies operating … Read the full press release

Volkswagen Group to acquire minority stake in Chemnitz based company that develops algorithms for automated and autonomous driving

Volkswagen Group acquires a minority interest in the technology company FDTech GmbH of Chemnitz in Saxony FDTech develops software and future-oriented systems for automated and autonomous driving WOLFSBURG, CHEMNITZ, 03-Sep-2018 — /EuropaWire/ — The Volkswagen Group has acquired a minority … Read the full press release

Royal Philips to acquire US-based scale-up company developing and commercializing next-generation sensor technologies

AMSTERDAM, 31-Aug-2018 — /EuropaWire/ —  Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has acquired Xhale Assurance Inc, a US-based scale-up company developing and commercializing next-generation sensor technologies. Xhale Assurance’s unique, disposable pulse oximetry … Read the full press release

Accenture acquires smart embedded software company Pillar Technology headquartered in Columbus, Ohio

COLUMBUS, OH, USA, 30-Aug-2018 — /EuropaWire/ — Accenture (NYSE: ACN) has completed the acquisition of smart embedded software company Pillar Technology, significantly expanding its Industry X.0 practice in North America. Headquartered in Columbus, Ohio, Pillar Technology has a team of 320 people … Read the full press release

Statek Stanzereitechnik GmbH acquisition by NORMA Group closed following antitrust authorities approval

Value chain expanded in the area of metal processing Sales contribution of EUR 2.5 million expected in 2018 MAINTAL, 14-Aug-2018 — /EuropaWire/ — NORMA Group has successfully closed the acquisition of the supplier Statek Stanzereitechnik GmbH (“Statek”) following approval by the … Read the full press release

EY to acquire Riverview Law, a leading innovative legal services firm

Acquisition helps give EY first-mover advantage in legal managed services Acquisition further establishes EY as a leading disruptor of legal services LONDON, 13-Aug-2018 — /EuropaWire/ — EY today announces an agreement to acquire Riverview Law, a leading innovative legal services firm … Read the full press release

JT Group to acquire the tobacco business of the second largest tobacco company in Bangladesh

Company continues to expand its presence in emerging markets TOKYO, Japan, 09-Aug-2018 — /EuropaWire/ — Japan Tobacco Inc. (JT) (TSE: 2914) announces today that the JT Group has signed an agreement to acquire the tobacco business of Akij Group1 (Akij), the second largest … Read the full press release

JT Group completed the acquisition of the Donskoy Tabak (DT) companies in Russia

TOKYO, Japan, 09-Aug-2018 — /EuropaWire/ — Japan Tobacco Inc. (JT) (TSE: 2914) announces that the JT Group completed the acquisition of the Donskoy Tabak (DT) companies yesterday Russian local time. The agreement to acquire the companies was announced in a press release1 on … Read the full press release

The acquisition of the industrial adhesives of Nitta Gelatin Inc. by the Bostik-Nitta joint-venture in Japan completed

Colombes, France, 09-Aug-2018 — /EuropaWire/ — Bostik completed the acquisition of the industrial adhesives of Nitta Gelatin Inc. by the Bostik-Nitta joint-venture in Japan, on 1st August 2018. This acquisition, which will be complemented by the construction of a new … Read the full press release

BASF strengthens its market position in agricultural solutions with the closing of acquisition of businesses and assets from Bayer

Complements own crop protection, biotech and digital activities; marks entry into seeds, non-selective herbicides, nematicide seed treatments Creates new opportunities for innovation and growth About 4,500 experienced employees join Agricultural Solutions team Ludwigshafen, Germany, 06-Aug-2018 — /EuropaWire/ — BASF has … Read the full press release

Kuehne + Nagel successfully completes the acquisition of perishables business of Panatlantic Logistics S.A., Ecuador

Acquisition of the perishables business of Panatlantic Logistics S.A., Ecuador Market leading company specialised in air transport of flowers and fruits Combined volumes account for 32,000 tons per annum out of Ecuador SCHINDELLEGI, Switzerland, 03-Aug-2018 — /EuropaWire/ — Kuehne + … Read the full press release

Cargotec’s Hiab to acquire the Effer loader cranes business from CTE Group for EUR 50 million

Malmö, Sweden, 02-Aug-2018 — /EuropaWire/ — Hiab, part of Cargotec, and a global leader in on-road load handling, has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 … Read the full press release

PPF Group completes acquisition Telenor’s telecommunications assets in Hungary, Bulgaria, Montenegro, and Serbia

AMSTERDAM, 02-Aug-2018 — /EuropaWire/ — PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia. PPF Group has received all the necessary approvals from the relevant authorities … Read the full press release

Saint-Gobain to acquire producer of very high temperature thermal insulation with two plants in Germany

Courbevoie, France, 02-Aug-2018 — /EuropaWire/ — Saint-Gobain has acquired the German company HKO, that designs, produces and distributes a complete range of very high temperature thermal insulation and fire protection solutions made from various types of glass fibers to cover temperature … Read the full press release

Funds advised by Triton to acquire the business unit SKF Motion Technologies from SKF Group

STOCKHOLM/ GOTHENBURG, 01-Aug-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement of its intention to acquire the business unit SKF Motion Technologies from SKF Group, listed on Nasdaq Stockholm. Triton intends to form a standalone company under … Read the full press release

Allianz Partners to acquire 100 percent of the share capital of Servicios Compartidos Multiasistencia, S.L. from Portobello Capital and minority shareholders

The acquisition strengthens Allianz Partners’ leadership in the home and assistance market and enhances Multiasistencia’s development capabilities and geographical reach It supports Allianz Partners’ growth ambition in key markets The transaction would see Multiasistencia remain an independent and market neutral … Read the full press release

Ahlstrom-Munksjö’s acquisition of paper producer Expera will triple its net sales in the U.S.

Transaction almost triples Ahlstrom-Munksjö’s net sales in the U.S. and provides platform for growth. AHLSTROM-MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE July 23, 2018 at 22:30 EEST This stock exchange release may not be published or distributed, in whole or in part, … Read the full press release

News conference on the acquisition of Expera Specialty Solutions at Ahlstrom-Munksjö’s head office in Helsinki

HELSINKI, 24-Jul-2018 — /EuropaWire/ — Ahlstrom-Munksjö will arrange a news conference in English to the media, analysts and investors on the acquisition of Expera Specialty Solutions today on July 24, 2018 at 14:30 EEST (13:30 CEST). The combined news conference, call … Read the full press release

Snam, Enagás and Fluxys consortium to acquire 66% interest in Greek natural gas infrastructure operator DESFA

ATHENS, 23-Jul-2018 — /EuropaWire/ — The European consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) signed today in Athens the agreements with the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum for the acquisition of a 66% interest … Read the full press release

Borealis expands its mechanical recycling capabilities with the acquisition of Austrian plastics recycler Ecoplast Kunststoffrecycling GmbH

VIENNA, 18-Jul-2018 — /EuropaWire/ — Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces that it has signed an agreement for the acquisition of 100% of the shares in Ecoplast Kunststoffrecycling GmbH (“Ecoplast”), … Read the full press release

Henkel enters the Chilean building materials market with the acquisition of Aislantes Nacionales S.A.

DÜSSELDORF, 17-Jul-2018 — /EuropaWire/ — Henkel has signed an agreement to acquire Aislantes Nacionales S.A., a major player in the Chilean tile adhesive and building materials market. Aislantes Nacionales S.A. is a privately-owned company specialized in manufacturing and marketing a wide … Read the full press release

Edizione completes the acquisition of a 29.9% stake in Cellnex Telecom S.A.

TREVISO, 16-Jul-2018 — /EuropaWire/ — Edizione S.r.l. (“Edizione”) has completed the acquisition of a 29.9% stake in Cellnex Telecom S.A. (“Cellnex”) from Abertis Infrastructuras S.A. The transaction has been executed through the newly established company ConnecT S.p.A. (“ConnecT”) for a price … Read the full press release

ASSA ABLOY acquires leading supplier of door drop down seals and finger protection covers based in Switzerland

STOCKHOLM, 16-Jul-2018 — /EuropaWire/ — ASSA ABLOY has signed an agreement to acquire Planet GDZ, a leading supplier of door drop down seals and finger protection covers, based in Switzerland. “I am very pleased to welcome Planet GDZ and their employees … Read the full press release

Assicurazioni Generali and Generali Deutschland to sell the majority stake of Generali Leben to Viridium Gruppe

Agreed vision for an innovative industrial partnership with Viridium Gruppe for the sustainable management of the Generali Leben Life portfolio. Total evaluation for 100% of Generali Leben up to €1 bln, incl. €125 mln as earn out in case of … Read the full press release

ABB strengthens #2 global position in electrification with the completion of GE Industrial Solutions acquisition

Expands access to attractive North American market Operational EPS1 accretive in year one Expected annual cost synergies of approximately $200 million in year five confirmed ZURICH, 03-Jul-2018 — /EuropaWire/ — ABB announced it has completed its acquisition of GE Industrial Solutions (GEIS), … Read the full press release

Glencore Energy to acquire 78% of ALE Combustíveis (ALE), the 4th largest fuel distributor in Brazil

São Paulo, Brazil, 02-Jul-2018 — /EuropaWire/ — Glencore Energy (Glencore), through its subsidiary in Brazil, has signed an agreement to acquire 78% of ALE Combustíveis (ALE). Completion of the transaction is subject to the approval of CADE (Administrative Council for Economic … Read the full press release

EQT to acquire Zemax Software Holdings, LLC., global provider of optical and illumination design software

EQT to support the continued growth of Zemax by leveraging EQT’s global network, experience in scaling businesses and history of developing enterprise software leaders STOCKHOLM, 28-Jun-2018 — /EuropaWire/ — Arlington Capital Partners (“Arlington Capital”) and EQT Mid Market US GP B.V. … Read the full press release

Accenture to acquire Germany based strategic design consultancy designaffairs

KRONBERG and MUNICH, 11-Jun-2018 — /EuropaWire/ — Accenture (NYSE: ACN) has entered into an agreement to acquire designaffairs, a strategic design consultancy headquartered in Germany. The acquisition will bolster the capabilities of Accenture Industry X.0 to design smart products and services that are … Read the full press release