(IN BRIEF) TX Logistik AG, a subsidiary of FS Italiane Group’s Logistics Business Units, has signed a purchase agreement to acquire Exploris Deutschland Holding GmbH Hamburg, a European rail freight transportation company. This acquisition will make TX Logistik the second … Read the full press release
(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged acquisition, Actis, Brice Le Gallo, DNV, HERGO, Japan, Liam Smith, partnership, sustainability, Yukinobu Uchida
(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … Read the full press release
(IN BRIEF) TotalEnergies, a global multi-energy company, has fully acquired Total Eren after a successful strategic alliance of five years. The acquisition increases TotalEnergies’ stake from close to 30% to 100%, integrating Total Eren’s teams within TotalEnergies’ Renewables business unit. … Read the full press release
(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Technology, Transportation & Logistics, Türkiye
Tagged acquisition, DHL Group, E-Commerce, MNG Kargo, Pablo Ciano, partnership, Tobias Meyer, Turkey
(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged acquisition, Chevron, East Kalimantan, energy transition, Eni, Ganal PSC, Gandang gas project, Gendalo, IDD, Indonesia, Indonesia Deepwater Development, Indonesian Blocks, Jangkrik FPU, Kutei Basin, Makassar Straits PSC, Neptune Energy, Rapak PSC
(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release
Posted in Banks, Business, Financial, Insurance, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Aviva, Barclays Home Insurance, Owen Morris, partnership, Retail Insurance Business
(IN BRIEF) Ahlstrom, a global leader in sustainable specialty materials, has received a binding offer from Accursia Capital to acquire its Stenay plant in France. The offer comes after Ahlstrom launched a consultation process with employee representatives to potentially divest … Read the full press release
Posted in Business, Environment, Finland, Infrastructure & Utilities, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, partnership, Stenay plant, sustainability
(IN BRIEF) Vattenfall, a leading energy company, has acquired Solizer, a German solar developer, as part of its efforts to enable fossil-free living. The acquisition includes an experienced team and a pipeline of large-scale solar projects in Germany, totaling 4 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged acquisition, Helene Biström, partnership, solar power, Solizer, sustainability, Vattenfall
(IN BRIEF) Logicor, a leading logistics real estate company in Europe, has acquired an urban logistics development in the west of Paris from Scannell Properties. The undisclosed deal involves a forward funded speculative development of a modern warehouse spanning approximately … Read the full press release
Posted in Business, France, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged acquisition, France, Hugues Desbarrieres, Laurent Dubos, Logicor, Paris, warehouse
(IN BRIEF) Thales has entered into exclusive negotiations to acquire Cobham Aerospace Communications (AeroComms), a leading provider of safety cockpit communication systems, for $1.1 billion. AeroComms operates across multiple countries and is expected to generate approximately $200 million in revenues … Read the full press release
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired HARD-LINE, a fast-growing company specializing in mine automation and remote-control technology. HARD-LINE’s expertise lies in remote control solutions that enable the tele-remote operation of heavy machinery from secure … Read the full press release
Posted in Industrial, Metals and Minerals, Sweden, Technology
Tagged acquisition, autonomous technologies, combining sensor, digital reality solutions, HARD-LINE, heavy machinery, Hexagon AB, HxGN Autonomous Mining, HxGN MineProtect, HxGN Underground Mining, mine automation, mine production optimisation, mining automation, Paolo Guglielmini, remote-control technology, software
(IN BRIEF) Larsen & Toubro (L&T) and Navantia, Spain, have signed a Teaming Agreement for the Indian Navy’s P75 (India) submarine program. The agreement aims to submit a bid for the program, which involves the delivery of six conventional submarines … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Spain, Transportation & Logistics
Tagged acquisition, Air-Independent Propulsion (AIP), Captain (Navy) Fernando Alvarez, H.E. Mr José María Ridao Domínguez, Larsen & Toubro, Mr Augustin Alvarez Blanco, Mr S N Subrahmanyan, Navantia, Navy's P75 Submarine, partnership
(IN BRIEF) Gasum, a Nordic energy company, has acquired a majority stake (two-thirds of the shares) in Liquidgas Biofuel Genesis AB, a Swedish biogas upgrading company. Liquidgas Biofuel Genesis operates a biogas upgrading plant in Helsingborg, Sweden. The plant receives … Read the full press release
(IN BRIEF) Triton, through a vehicle controlled by Triton Fund IV, has acquired Techouse AS, a renowned provider of energy recovery and water treatment solutions to the offshore oil and gas sector. The acquisition aims to bring Techouse under a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Norway, Technology
Tagged acquisition, Bluewater Private Equity, Cubility, Cubility AS, energy recovery, Kai Sæveland, offshore gas, offshore oil, solid control systems, Svein Helge Pettersen, Techouse, Techouse AS, Triton, Triton Fund IV, water treatment solutions
(IN BRIEF) Sika, a global specialty chemicals company, has acquired Thiessen Team USA, a manufacturer of shotcrete and grouting products for the mining industry in the USA. Thiessen serves the Western US mining industry, which plays a crucial role in … Read the full press release
Posted in Business, Chemicals, Construction, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Switzerland
Tagged acquisition, Christoph Ganz, mining, Sika, Thiessen Team USA
(IN BRIEF) Borealis has successfully completed the sale of its nitrogen business to AGROFERT, a Czech-based group active in various industries including chemicals and agriculture. The transaction, valued at EUR 810 million, allows AGROFERT to expand its European presence in … Read the full press release
Posted in Agriculture, Austria, Business, Chemicals, Industrial, Management, News
Tagged acquisition, AGROFERT, Borealis, fertilizer, nitrogen, Thomas Gangl
(IN BRIEF) Viva Aerobus, the Mexican ultra-low-cost airline, has announced the signing of a Memorandum of Understanding (MoU) for the acquisition of 90 Airbus A321neo aircraft. This strategic move is aimed at driving the airline’s growth both in the international … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Management, News
Tagged A321neo, acquisition, Airbus, aircraft, Christian Scherer, Juan Carlos Zuazua, Viva Aerobus
(IN BRIEF) ORLEN, following its mergers with Grupa LOTOS and PGNiG, is set to acquire 266 fuel stations in Austria, operating under the Turmöl brand. This acquisition will make ORLEN one of the top three fuel networks in Austria, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Poland
Tagged acquisition, Daniel Obajtek, expansion, fuel station, Grupa LOTOS, ORLEN, PGNiG, Wojciech Słowiński
(IN BRIEF) CACEIS and Royal Bank of Canada (RBC) have successfully completed the acquisition of RBC Investor Services’ European and Malaysian operations. This transaction, which has received regulatory approvals, strengthens CACEIS’ position as a leading asset servicing player in Europe. … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged acquisition, CACEIS, Francis Jackson, Jean-Pierre Michalowski, RBC
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