Tag Archives: acquisition

Accenture acquires supply chain and retail technology consultancy specialists REPL Group

(PRESS RELEASE) LONDON, 3-Mar-2021 — /EuropaWire/ — Accenture expands its retail technology and supply chain capabilities with the acquisition of REPL Group (“REPL”), a U.K.-based technology consultancy specializing in solutions for supply chain, workforce management, store operations and retail customer … Read the full press release

Akzo Nobel strengthens its paints business in Spain with the closing of Titan Paints’ acquisition

(PRESS RELEASE) AMSTERDAM, 2-Mar-2021 — /EuropaWire/ — Akzo Nobel N.V. announces that it has completed the acquisition of Industrias Titan S.A.U. (Titan Paints). The acquisition of 100% of the shares of one of Spain’s best-known paint brands strengthens Akzo Nobel’s … Read the full press release

Kuehne+Nagel further expands business in Asia Pacific with the acquisition of Apex International Corporation

(PRESS RELEASE) SCHINDELLEGI, 22-Feb-2021 — /EuropaWire/ — Global transport and logistics leader Kuehne+Nagel announces that it has entered into a binding agreement to acquire one of Asia’s leading freight forwarders, especially in the transpacific and intra-Asia. The acquisition of Apex … Read the full press release

AkzoNobel no longer intends to pursue acquisition of Tikkurila

(PRESS RELEASE) AMSTERDAM, 8-Feb-2021 — /EuropaWire/ — Dutch multinational company which creates paints and performance coatings, Akzo Nobel N.V. announces that it no longer intends to acquire Tikkurila, following a competing, higher, offer for Tikkurila. Despite a strong cultural fit … Read the full press release

Total’s entire power consumption in U.S. now fully covered by green electricity

(PRESS RELEASE) PARIS, 5-Feb-2021 — /EuropaWire/ — Total (EPA: FP), a French multinational broad energy company, has announced it will add 2.2GW to its U.S. solar portfolio. The addition comes after the acquisition of a development pipeline of 2.2 GW … Read the full press release

Accenture strengthens its ecommerce services to help clients reimagine their business through the acquisition of Businet System

(PRESS RELEASE) TOKYO, Japan, 2-Feb-2021 — /EuropaWire/ — Accenture (NYSE: ACN) announces the acquisition of Businet System, a leader in developing and operating Salesforce Commerce Cloud-based ecommerce sites in Japan, with a proprietary order management system (OMS) for the apparel … Read the full press release

Wireless Logic strengthens presence in the Nordic region with the acquisition of Com4

(PRESS RELEASE) HURLEY, UK, 21-Jan-2021 — /EuropaWire/ — Global leading IoT connectivity platform provider, Wireless Logic announces that it completed the acquisition of Norwegian MVNO with a focus on IoT and M2M communication Com4. The transaction which further expanded its … Read the full press release

VINCI Immobilier now owns 100% of Urbat Promotion

(PRESS RELEASE) RUEIL-MALMAISON, 21-Jan-2021 — /EuropaWire/ — VINCI Immobilier announces that it has finalised the acquisition of 50.1% stake in Urbat Promotion, bringing its shares of the company to 100%. VINCI Immobilier acquired a 49.9% stake in Urbat Promotion in … Read the full press release

AkzoNobel announces proposal to acquire Finnish manufacturer of paints and lacquers Tikkurila

(PRESS RELEASE) AMSTERDAM, 18-Jan-2021 — /EuropaWire/ — Dutch multinational company which creates paints and performance coatings, Akzo Nobel N.V. announces that it has made a comprehensive non-binding proposal to acquire Tikkurila, Finnish manufacturer of paints and lacquers. The proposed merger … Read the full press release

Sanofi gains full global rights to a promising antibody for inflammatory disorders with the acquisition of Kymab

(PRESS RELEASE) PARIS/ CAMBRIDGE, 11-Jan-2021 — /EuropaWire/ — French multinational pharmaceutical company Sanofi to acquire Kymab, a clinical-stage biopharmaceutical company developing fully human monoclonal antibodies with a focus on immune-mediated diseases and immuno-oncology therapeutics. The agreement includes an upfront payment … Read the full press release

FLSmidth to sell its fabric filter technology business to Danish manufacturer of industrial filters Simatek A/S as part of cooperation agreement

(PRESS RELEASE) COPENHAGEN, 23-Dec-2020 — /EuropaWire/ — FLSmidth (CPH: FLS), a Danish multinational engineering company, has announced it signed an agreement with Simatek A/S, a Denmark-based manufacturer of industrial filters, for the sale of the fabric filter technology, a non-core … Read the full press release

Triton completes acquisition of leading online office furnishing innovator Inwerk GmbH

(PRESS RELEASE) FRANKFURT/ MEERBUSCH, 23-Dec-2020 — /EuropaWire/ — Triton-advised Smaller Mid-Cap Fund (“TSM”) announces the closing of the acquisition of a majority stake in Inwerk GmbH, one of the leading online providers of professional office furniture in Germany. Terms and … Read the full press release

Eni awarded 70% stake in the Exploration Offshore Block 3, one of Abu Dhabi’s largest offshore exploration concessions

(PRESS RELEASE) ABU DHABI, UAE, 21-Dec-2020 — /EuropaWire/ — Italian multinational oil and gas company, Eni announces the signing of Concession Agreement for the acquisition of a 70% stake in the Exploration Offshore Block 3, leading a consortium including a … Read the full press release

Skanska further invests in Greater Boston with the acquisition of a land for 145M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Skanska announces that it has acquired a 2,787 square meters of land in Boston, Massachusetts from John Hancock Life Insurance Company. The land acquisition amounts to more than 145m EUR, about SEK 1.5 … Read the full press release

Orange Romania to acquire Hellenic Telecommunications Organization S.A.’s 54% stake in Telekom Romania Communications S.A. for EUR 497 million

(PRESS RELEASE) BONN, 9-Nov-2020 — /EuropaWire/ — Hellenic Telecommunications Organization S.A. (FRA: OTES), the largest technology company in Greece, has announced the divestiture of its 54% stake in Telekom Romania Communications S.A. (Fixed, Telekom Romania or “TKR”) to Orange Romania. … Read the full press release

Webuild announces the acquisition of 65% of Astaldi

Progetto Italia: New group to have more than 70,000 direct, indirect employees in 50 countries, order backlog of more than €40 billion The Group to continue to support relaunch of infrastructure sector in Italy along with supply chain of small- … Read the full press release

SGS acquires New Zealand-based consultancy company Engineering Control Limited (ECL)

(PRESS RELEASE) GENEVA, 4-Nov-2020 — /EuropaWire/ — SGS announces that Engineering Control Limited (ECL) is now part of its Group. Headquartered in New Zealand, ECL is a consultancy company focusing on process automation and functional safety of process systems across … Read the full press release

Henkel closes epiCS® Skin Model Technology acquisition from SkinInVitro GmbH

Attractive portfolio with strong and successful models of the human skin Global dissemination of regulatory approved alternative test methods Important step towards the worldwide use and distribution of alternative test methods (PRESS RELEASE) DÜSSELDORF, 3-Nov-2020 — /EuropaWire/ — Henkel (ETR: … Read the full press release

Aimmune Therapeutics now a Nestlé Health Science company

(PRESS RELEASE) VEVEY, 14-Oct-2020 — /EuropaWire/ — Nestlé has successfully closed the acquisition of biopharmaceutical company, Aimmune Therapeutics, Inc. (Nasdaq: AIMT). The company which specializes in developing and bringing new treatments to people with potentially life-threatening food allergies joins Nestlé … Read the full press release

AP fund owned Polhem Infra takes over decades old backbone fiber networks operator Telia Carrier

(PRESS RELEASE) STOCKHOLM, 6-Oct-2020 — /EuropaWire/ — Första AP-fonden (AP1), A SEK 355 billion (~ EUR 34 billion) assets under management fund, has announced its portfolio company Polhem Infra, an investor and manager of infrastructure assets jointly owned by the … Read the full press release

Kontali takes over Seafood TIP to expand analytical capacity, sector coverage and geographical presence

(PRESS RELEASE) UTRECHT, 6-Oct-2020 — /EuropaWire/ — Solidaridad, an international civil society organisation active in over 50 countries around the world, has announced that the acquisition of Seafood TIP B.V., working towards increasing the level of transparency in the seafood … Read the full press release

VINCI in negotiations to acquire Grupo ACS’s “Industrial Services” division

(PRESS RELEASE) PARIS, 2-Oct-2020 — /EuropaWire/ — VINCI announces that it has presented a non-binding proposal to Grupo ACS to form the basis of negotiations for the acquisition of Grupo ACS’s “Industrial Services” division, whose controlling holding company is “ACS … Read the full press release

ArcelorMittal divests 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) for the divestiture of 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash … Read the full press release

Leading Wireless Edge WAN 4G and 5G Enterprise solutions company Cradlepoint acquired by Ericsson for USD 1.1 billion

Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b. Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers Transaction expected to close during Q4 2020, subject to merger … Read the full press release

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … Read the full press release

Sanofi tender offer for Principia Biopharma outstanding shares, August 28 – September 25, 2020

(PRESS RELEASE) PARIS, 28-Aug-2020 — /EuropaWire/ — French multinational pharmaceutical company Sanofi announces its intention to commence a tender offer (the “Offer”) to acquire all of the outstanding shares of common stock of Principia Biopharma Inc. for $100 per share … Read the full press release

South African leading R&D seeds company Sensako now part of Syngenta Seeds

Sensako is a leading South African R&D seeds company with a strong wheat market position Acquisition will accelerate Syngenta Seeds’ entry into South African seeds market Allows Syngenta Seeds to accelerate introduction of Viptera trait technology to address fall armyworm … Read the full press release

Immune-mediated diseases biopharmaceutical Principia Biopharma Inc. acquired by Sanofi for approximately EUR 3.1 billion ($3.68 billion)

Further strengthens core R&D areas of autoimmune and allergic diseases Provides full control of brain-penetrant BTK inhibitor SAR442168 in multiple sclerosis (MS), making commercialization more efficient and eliminating future royalty payments Allows expansion of SAR442168 development program into other central … Read the full press release

Skanska purchased 11,500 square meters of land in Houston from Houston Westmont LP for USD 27 million

(PRESS RELEASE) STOCKHOLM, 5-Aug-2020 — /EuropaWire/ — Skanska, one of the leading construction and development companies with substantial activities in the United States, has announced it has acquired some 11,500 square meters of land in Houston, TX, from Houston Westmont … Read the full press release

Leadec to acquire electrical engineering firm based in strategically important electromobility location

(PRESS RELEASE)STUTTGART/ BRANDENBURG AN DER HAVEL, 4-Aug-2020 — /EuropaWire/ — Stuttgart based leader in technical services for the automotive and manufacturing industries Leadec has announced it will acquire Precis Maschinen und Anlagen Service GmbH based in Brandenburg an der Havel … Read the full press release