(IN BRIEF) PNE AG has completed the sale of the Papenrode wind farm to Qualitas Energy Deutschland GmbH, enhancing the renewable energy landscape in Lower Saxony. The repowering project, which is currently under construction, will feature nine new turbines with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Johannes Overbeck, Lower Saxony, Papenrode Wind Farm, partnership, Per Hornung Pedersen, PNE AG, Qualitas Energy, renewable energy, Roland Stanze, sustainability
(IN BRIEF) Crédit Agricole Immobilier has completed its acquisition of Nexity Property Management, a subsidiary specializing in commercial and residential asset management, solidifying its position as the leading institutional property management player in France. This acquisition enhances Crédit Agricole Immobilier’s … Read the full press release
(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Luxembourg, Management, News, Switzerland
Tagged acquisition, Allianz Direct, iptiQ European P&C Business, Jef Van In, Luxembourg, partnership, Philipp Kroetz, Swiss Re
(IN BRIEF) Evotec SE has sold its chemical API-focused manufacturing site, Evotec DS GmbH, to Monacum Partners as part of its “Priority Reset” strategy to focus on core growth areas. The Halle/Westphalia-based facility, now renamed DAPIN GmbH, will continue its … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged acquisition, API Manufacturing Site, DAPIN GmbH, Evotec, Monacum Partners, partnership, sustainability
(IN BRIEF) BASF has finalized the sale of its flocculant mining business to Solenis, transferring several key flocculant brands to focus on its core strengths in flotation and solvent extraction for the mining industry. This move, part of BASF’s “Winning … Read the full press release
(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release
(IN BRIEF) BUKO Traffic & Safety, a leading Dutch provider of traffic and safety management solutions, has expanded into the German market by acquiring BVT Bremer Verkehrstechnik GmbH. This acquisition aligns with BUKO’s broader European growth strategy, which saw it … Read the full press release
Posted in Business, Denmark, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged acquisition, BUKO Traffic & Safety, BVT Bremer Verkehrstechnik, Equistone, Germany, Natherlands, partnership, Robert Emmerich, Tanja Berg
(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, credit cards, deposits, financial services, loans, partnership, retail business, Tesco Bank, Vim Maru
(IN BRIEF) Ahlstrom has completed the sale of its Aspa pulp mill to Sweden Timber, a move that allows Ahlstrom to concentrate on its specialty materials portfolio as part of its growth strategy. Sweden Timber plans to expand its product … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Ahlstrom, Aspa Pulp Mill, partnership, sustainability, Sweden Timber
(IN BRIEF) Siemens AG has reached an agreement to sell its Siemens Logistics division to Vanderlande, a company owned by Toyota Industries Corporation, for €300 million. This transaction is expected to close in 2025, pending regulatory approvals. Ralf P. Thomas, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged acquisition, Airport Logistics Business, Andrew Manship, Michael Schneider, Netherlands, partnership, Ralf P. Thomas, Siemens, Toyota Industries Corporation, Vanderlande
(IN BRIEF) Crédit Agricole Leasing & Factoring (CAL&F) has signed a Share Purchase Agreement to acquire Merca Leasing, a leading independent leasing company in Germany, pending regulatory approvals. This acquisition aligns with CAL&F’s strategy to enhance its presence in the … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Investment, Management, News, Small Business
Tagged acquisition, Crédit Agricole Leasing & Factoring, Germany, Hervé Varillon, Merca Leasing, partnership, SMEs, Ulrich Helmdach
(IN BRIEF) Stadler has signed a contract with Metropolitano de Lisboa for the supply of 24 new metro vehicles, with an option for 12 additional units, in a deal worth €134 million. This agreement, witnessed by key Portuguese officials, marks … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Switzerland, Technology, Transportation & Logistics
Tagged acquisition, Cristina Pinto Dias, Iñigo Parra, Maria da Graça Carvalho, Maria Helena Campos, Metropolitano de Lisboa, modernization, partnership, PORTUGAL, Stadler, sustainability
(IN BRIEF) VINCI Construction has announced its agreement to acquire FM Conway Limited, a leading public works company in the UK, as part of its strategy to strengthen its presence in the southeast England market. FM Conway, founded in 1961 … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged acquisition, FM Conway Limited, Francis Michael Conway, partnership, Public Works Sector, sustainability, UK, VINCI Construction
(IN BRIEF) Ørsted has entered a partnership with Brookfield, resulting in Brookfield acquiring a 12.45% minority stake in four of Ørsted’s operational UK offshore wind farms—Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension—totaling approximately 3.5 GW in capacity. … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Brookfield Asset Management, Connor Teskey, Mads Nipper, partnership, renewable energy, sustainability, UK Offshore Wind, Ørsted
(IN BRIEF) Nagarro has acquired FWD View Limited, a UK-based specialist in data transformation and visualization for financial services, to strengthen its position in the UK financial sector. This acquisition adds approximately 50 experts to Nagarro’s team and expands its … Read the full press release
(IN BRIEF) Accenture has completed its acquisition of Camelot Management Consultants, a German firm specializing in SAP, supply chain, and data analytics consulting. This acquisition, first announced in July, enhances Accenture’s SAP and AI-driven supply chain capabilities, allowing it to … Read the full press release
(IN BRIEF) Stora Enso is acquiring Finnish sawmill company Junnikkala Oy to secure a reliable wood supply for its packaging board production in Oulu and to support its wood products division with enhanced resources. The acquisition, valued up to EUR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged acquisition, Finland, Hans Sohlström, Junnikkala Oy, partnership, Sawmilling Operations, Stora Enso, sustainability, wood supply
(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp, enhancing its position in the onshore renewable energy sector. This acquisition brings bp full control over Lightsource bp’s 62 GW solar and battery storage development … Read the full press release
(IN BRIEF) Deka Immobilien has sold a shopping centre in Torres Novas, Portugal, from one of its institutional real estate funds to the Fundo Iberia Shoppings fund, recently launched by Brazilian bank BTG Pactual and Renato Rique of Allos S/A. … Read the full press release
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