Tag Archives: acquisition

SUEZ Strengthens UK Presence with Acquisition of DCW, Expanding Recycling and Waste Management Offerings

(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release

MAHLE and HELLA Sell Behr-Hella Thermocontrol Stake to AUO Corporation for €600 Million

(IN BRIEF) Automotive suppliers MAHLE and HELLA have agreed to sell their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The total purchase price for the transaction is based on an enterprise value of … Read the full press release

Enel Completes Sale of 50% Stake in Australian Renewable Assets to INPEX

(IN BRIEF) Enel S.p.A., through its subsidiary Enel Green Power S.p.A. (EGP), has successfully finalized the sale of a 50% stake in its Australian renewable energy entities, Enel Green Power Australia Pty Ltd and Enel Green Power Australia Trust (collectively … Read the full press release

KVG Kiel Expands Electric Fleet with 50 New Generation Citeas from VDL Bus & Coach

(IN BRIEF) KVG Kieler Verkehrsgesellschaft mbH has entered into an agreement with VDL Bus & Coach to acquire 50 new generation Citea electric buses, with an option for an additional 10 units. These electric vehicles will be delivered in 2024 … Read the full press release

Ombrea Acquisition Enhances TotalEnergies’ Commitment to Green Agriculture

(IN BRIEF) TotalEnergies has successfully acquired Ombrea, a leading French agrivoltaics company. Ombrea, established in 2016, specializes in integrating agriculture and solar power generation. With this acquisition, TotalEnergies aims to accelerate the development of agrivoltaic projects in France and worldwide, … Read the full press release

Axel Springer Sells Stake in Ringier Axel Springer Schweiz as Part of Digital Strategy

(IN BRIEF) Axel Springer has divested its 35% stake in Ringier Axel Springer Schweiz (RASCH) to its joint venture partner, Ringier, as part of its digital strategy. This move allows Ringier to become the sole owner of a portfolio that … Read the full press release

Michelin’s Acquisition of Flex Composite Group Puts It at the Helm of High-Tech Fabric and Film Leadership

(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release

Sweco’s Strategic Move: Acquiring Medins to Lead in Aquatic Consulting

(IN BRIEF) Sweco, a prominent engineering and environmental consulting firm, has signed an agreement to acquire Medins Havs och Vattenkonsulter AB, a specialized company known for its expertise in watercourse, lake, and sea surveys. As the demand for aquatic environment … Read the full press release

EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release

SSAB Europe’s Raahe Unit Begins Change Negotiations to Cut Costs Amid Weak Demand

(IN BRIEF) SSAB Europe’s Business Unit Finland is entering into change negotiations in Raahe due to ongoing weak demand. The company aims to structurally reduce fixed costs by at least EUR 10 million annually. These negotiations, involving approximately 2,400 employees, … Read the full press release

Alexion and AstraZeneca Acquire Rare Disease Gene Therapy Portfolio from Pfizer for $1 Billion

(IN BRIEF) Alexion, in collaboration with AstraZeneca Rare Disease, has finalized an agreement to acquire a collection of preclinical rare disease gene therapy programs and related technologies from Pfizer Inc. This strategic move combines the expertise of Alexion and AstraZeneca … Read the full press release

Alpha Group to Acquire 85% Stake in ING-Nurtured Fintech Cobase

(IN BRIEF) The Alpha Group, based in the UK, has announced its intention to acquire an 85% stake in Cobase, a fintech company nurtured by ING that provides a platform for corporates to manage their banking relationships, accounts, and transactions … Read the full press release

Aviva Sells Stake in Singapore Life Holdings to Sumitomo Life for £0.8 Billion

(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release

Nestlé Expands Presence in Brazilian Chocolate Market with Majority Stake in Grupo CRM

(IN BRIEF) Nestlé is set to acquire a majority stake in Grupo CRM, a premium chocolate company in Brazil, through an agreement with Advent International. Grupo CRM operates a successful direct-to-consumer model, with over 1,000 chocolate boutiques under the Kopenhagen … Read the full press release

Repsol to Sell Canadian Oil and Gas Assets to Peyto for $468 Million as Part of Portfolio Focus

(IN BRIEF) Repsol has entered into an agreement to sell its oil and gas assets in Canada to Peyto for $468 million, part of Repsol’s ongoing portfolio management to focus on core regions. The deal includes mineral rights, facilities, and … Read the full press release

DNV Expands Energy Services with Acquisition of ANB Systems, Bolstering Energy Efficiency Solutions

(IN BRIEF) DNV has acquired ANB Systems, a Houston-based software as a service (SaaS) company specializing in energy program services for utility and regulatory body customers. The move is part of DNV’s commitment to supporting the energy transition by enhancing … Read the full press release

Laborie to Acquire Urotronic, Expanding Its Medical Technology Portfolio

(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

Santander CIB Invests in EIT InnoEnergy to Propel Sustainable Energy Innovations

(IN BRIEF) Santander Corporate & Investment Banking (Santander CIB) has acquired a stake in EIT InnoEnergy, a sustainable energy pioneer, as part of a EUR 140 million investment round alongside other strategic partners. This investment aligns with Santander’s strategy to … Read the full press release

CapMan Infra Expands Northern European Data Centre Platform with Investment in Fuzion

(IN BRIEF) CapMan Infra has made an investment in Fuzion, a Danish data centre colocation provider, marking the company’s second move in creating a northern European data centre platform following its acquisition of Serverius in May 2023. Fuzion, known for … Read the full press release