(IN BRIEF) Atlas Copco Group has acquired Druckluft-Technik-Nord GmbH, a compressor distributor based in Bad Oldesloe in the Hamburg area of Germany. With 18 employees, Druckluft-Technik-Nord GmbH specializes in sales and service of compressed air technology. The acquisition aims to … Read the full press release
(IN BRIEF) Atlas Copco Group has acquired Pacific Sales & Service, Inc. (Pacific Air Compressors), a distributor of compressors and related equipment based in Portland, Oregon. With 15 employees, Pacific Air Compressors strengthens Atlas Copco’s presence in the Portland area, … Read the full press release
(IN BRIEF) CapMan has finalized its acquisition of Dasos Capital Oy, a sustainable timberland investment company, through a share exchange. The Board of Directors of CapMan has authorized a directed issue of new CapMan shares to fulfill the payment obligations … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged acquisition, CapMan, Dasos Capital Oy, Olli Haltia, partnership, Pia Kåll, sustainability
(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged acquisition, CHINA, City Zone Express, Hansjörg Rodi, Kuehne+Nagel, logistics, Malaysia, partnership, S. Pirithivaraj A/L Selvarajoo, Singapore, sustainability, THAILAND, Vietnam
(IN BRIEF) Generali has finalized the sale of TUA Assicurazioni S.p.A. to Allianz, in line with the company’s strategic objectives outlined in its “Lifetime Partner 24: Driving Growth” strategy in Italy. This move aims to drive profitable growth, streamline operations … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Financial, Generali, investment, partnership, Tua Assicurazioni
(IN BRIEF) Allianz S.p.A. has finalized the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros, as previously announced on October 12, 2023. With regulatory approvals secured, Allianz anticipates a 1-percentage-point increase in its P/C market … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Assicurazioni Generali, Financial, investment, Italy, partnership, Tua Assicurazioni
(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition, Agediss, Europe, France, Jacky Perrenot, Kay Schiebur, logistics, Otto Group, partnership, Philippe Givone, sustainability, Viviane Reichert-Brown
(IN BRIEF) Deka Immobilien has finalized the acquisition of a cutting-edge e-fulfilment center in the Paris region for approximately EUR 160 million. Developed by Gemfi, the newly constructed facility, named “Tailor,” spans 140,000 sqm and is strategically located in the … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Real Estate
Tagged acquisition, Deka, Deka Immobilien, E-Fulfilment Centre, Paris, partnership, sustainability
(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Australia, construction, CSR Limited, partnership, Saint-Gobain, sustainability
(IN BRIEF) BT Group has reached an agreement to sell the iconic BT Tower to MCR Hotels for £275 million. MCR Hotels, known for preserving historic landmarks, plans to repurpose the tower into a hotel, securing its status as a … Read the full press release
(IN BRIEF) SCC, a European technology solutions and services firm, has announced the acquisition of Resonate, a leading provider of cloud voice and collaboration services based on Microsoft Teams. This strategic move marks SCC’s third acquisition in the past year … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Bob Garcia, INDIA, James Rigby, Microsoft Teams, partnership, Resonate, SCC, sustainability
(IN BRIEF) CapMan Social Real Estate (CMSRE) has acquired Porcelænshaven, a historic office and educational property in Frederiksberg, Copenhagen, fully leased to Copenhagen Business School (CBS). With 19,300 m2 of lettable space, the property, nestled near Frederiksberg Gardens, dates back … Read the full press release
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release
Posted in Bulgaria, Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, AI-powered, Customer Insights, GemSeek, Max Morielli, partnership, Petko Tinchev, sustainability
(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release
(IN BRIEF) Henkel, a global leader in adhesive technologies, has announced the acquisition of Seal for Life Industries LLC, a US-based provider of protective coating and sealing solutions, from Arsenal Capital Partners. With Seal for Life’s expertise in infrastructure markets … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Carsten Knobel, Henkel, Maintenance Repair Overhaul (MRO) Solutions, Mark Dorn, partnership, Seal for Life Industries, sustainability, USA
(IN BRIEF) GSK plc has finalized the acquisition of Aiolos Bio, bolstering its respiratory biologics portfolio with AIO-001, a promising long-acting anti-TSLP monoclonal antibody for treating asthma. AIO-001, set to enter phase II clinical trials, targets severe asthma patients with … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Aiolos Bio, biologics, GSK, respiratory, Tony Wood
(IN BRIEF) EQT Infrastructure VI fund has confirmed the termination of its agreement to acquire a majority stake in Italy’s largest mobile network from Wind Tre, as announced on May 12, 2023. The decision to terminate the transaction was made … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology, Telecom
Tagged acquisition, CK Hutchison, EQT Infrastructure, Italy, mobile network, partnership, Wind Tre
(IN BRIEF) Barclays Bank UK PLC has announced its agreement to acquire Tesco’s retail banking business, marking a significant strategic move to expand its offerings and distribution channels in the UK. This acquisition, along with an exclusive long-term partnership to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, Ken Murphy, Partnership Deal, Tesco Retail Banking Business
(IN BRIEF) ASSA ABLOY has completed the sale of its elevator maintenance business, PACA ascenseur (“PACA”), located in Southern France, to KONE. The sale is part of ASSA ABLOY’s strategic focus on its core business portfolio. PACA, with approximately 210 … Read the full press release
(IN BRIEF) BAE Systems has completed the acquisition of Malloy Aeronautics, a prominent player in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics specializes in the design and supply of all-electric uncrewed aerial systems (UAS) for both civilian and … Read the full press release
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