Tag Archives: acquisition

Dantaxi Joins Forces with Uber to Create the Most Accessible Mobility Platform in Denmark

(IN BRIEF) Dantaxi, Denmark’s largest taxi service, has been acquired by Uber, expanding Uber’s service to 75 out of 98 municipalities in Denmark. This move combines Uber’s advanced technology with Dantaxi’s well-established local presence, offering over 3,500 professional drivers across … Read the full press release

Sanofi Completes $600 Million Acquisition of DR-0201 to Enhance Immunology Pipeline and Advance Autoimmune Disease Treatments

(IN BRIEF) Sanofi has completed the acquisition of DR-0201 from Dren Bio, now renamed SAR448501, to enhance its immunology pipeline. This bispecific myeloid cell engager, which has shown promising results in B-cell depletion, may offer potential breakthroughs in autoimmune diseases, … Read the full press release

Crédit Coopératif Pursues Acquisition of Anytime to Enhance Digital Services for Associations

(IN BRIEF) As part of its 2030 strategic plan, Crédit Coopératif is in exclusive discussions with Orange Bank to acquire Anytime, a fintech specializing in supporting associations. The acquisition will strengthen Crédit Coopératif’s digital offerings and expand its services for … Read the full press release

ZÜBLIN Completes Acquisition of BAUER Spezialtiefbau, Enhancing Its Foundation Engineering Services in Austria

(IN BRIEF) ZÜBLIN Spezialtiefbau has acquired BAUER Spezialtiefbau Ges.m.b.H., further strengthening its foundation engineering capabilities in Austria. The merger combines ZÜBLIN’s expertise in technologies like diaphragm walls and groundwater drainage with BAUER’s specialization in pile construction. This acquisition will enable … Read the full press release

Vienna Insurance Group Submits Bid to Acquire Majority Stake in Moldova’s Leading Non-Life Insurer MOLDASIG

(IN BRIEF) Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of MOLDASIG S.A., one of Moldova’s leading non-life insurance companies, as part of a multi-stage process initiated by the Moldovan government. With a market share of approximately … Read the full press release

ASSA ABLOY Acquires TeleAlarm to Strengthen Senior Care Business and Expand Remote Care Technology Offering

(IN BRIEF) ASSA ABLOY has acquired TeleAlarm Group, a provider of remote care technology based in Leipzig, Germany. TeleAlarm’s solutions, which combine hardware and software to support independent living in the social care and home care sectors, will complement ASSA … Read the full press release

SIX Announces Successful CHF 250 Million Digital Bond Issuance to Fund Strategic Initiatives and Strengthen Financial Position

(IN BRIEF) SIX has successfully issued a CHF 250 million digital bond with a 1.00% coupon and maturity in 2032, demonstrating strong investor demand. The bond’s proceeds will help strengthen SIX’s financial flexibility, support its growth strategy, and potentially fund … Read the full press release

Ramboll Expands Sustainability Expertise with Acquisition of UK Consultancy Temple

(IN BRIEF) Ramboll has acquired UK-based consultancy Temple, adding 150 employees to its workforce and significantly expanding its capabilities in environmental and sustainability services. The acquisition strengthens Ramboll’s expertise in biodiversity, impact assessments, and sustainability, supporting its long-term goals and … Read the full press release

Ocean Yield Expands Stake in France LNG Shipping, Enhancing LNG Sector Presence

(IN BRIEF) Ocean Yield AS has increased its stake in France LNG Shipping (FLS), raising its indirect economic interest from 34% to 45%. The transaction will add about USD 250 million to the company’s EBITDA backlog. FLS operates 12 LNG … Read the full press release

GTT strengthens position as global leader in vessel performance management with Danelec acquisition

(IN BRIEF) GTT has signed an agreement with Verdane to acquire Danelec, a leading maritime data solutions provider, for €194 million. This acquisition positions GTT as the global leader in vessel performance management and enhances its presence in the Voyage … Read the full press release

Stora Enso Completes Acquisition of Finnish Sawmill Junnikkala Oy to Strengthen Wood Supply for Oulu Packaging Board Site

(IN BRIEF) Stora Enso has completed the acquisition of Junnikkala Oy, a Finnish sawmill company, with the integration of its sawmills to strengthen the wood supply for Stora Enso’s packaging board site in Oulu, Finland. The transaction, valued at up … Read the full press release

Shiftmove to Acquire Océan Fleet Management Business in Strategic Expansion across Europe

(IN BRIEF) Shiftmove has signed an exclusivity agreement to acquire the fleet management business of Orange Business, known as Océan. This acquisition will support Shiftmove’s strategy to become the leading provider of digital fleet solutions in Europe by 2027. With … Read the full press release

PVA TePla Strengthens Metrology Portfolio with Acquisition of DIVE Imaging Systems

(IN BRIEF) PVA TePla AG has acquired DIVE imaging systems GmbH, a company specializing in advanced light microscopy systems for high-precision, non-destructive material analysis. The acquisition, effective from January 1, 2025, expands PVA TePla’s portfolio in the metrology sector, particularly … Read the full press release

GRO Fund III and Kirk Kapital Secure Acquisition of Omada A/S, Marking Exit for CVC Growth Funds and GRO Fund II

(IN BRIEF) Omada A/S, a global leader in Identity Governance and Administration (IGA) software, has announced its acquisition by GRO Fund III, alongside Kirk Kapital. This move marks the full exit of Omada’s previous investors, CVC Growth Funds and GRO … Read the full press release

Merck to Acquire SpringWorks Therapeutics, Expanding Leadership in Rare Tumors and Advancing Healthcare Innovation

(IN BRIEF) Merck has entered into a definitive agreement to acquire SpringWorks Therapeutics for approximately $3.9 billion. This acquisition will significantly enhance Merck’s rare tumor portfolio, adding first-in-class therapies for desmoid tumors and NF1-PN. The deal aligns with Merck’s strategy … Read the full press release

Airbus to Acquire Key Production Assets from Spirit AeroSystems to Strengthen Commercial Aircraft Programmes

(IN BRIEF) Airbus has finalized an agreement with Spirit AeroSystems to acquire key production assets critical to its commercial aircraft programmes. This includes the acquisition of multiple facilities across the U.S., France, Morocco, Northern Ireland, and Scotland. The deal, valued … Read the full press release

CMA CGM Group Completes Acquisition of Controlling Stake in Santos Brasil

(IN BRIEF) CMA CGM Group has completed its acquisition of 47.9% of Santos Brasil, increasing its stake to 51% and becoming the controlling shareholder. Following the acquisition, CMA CGM will launch a mandatory tender offer for the remaining shares, with … Read the full press release

SAF-HOLLAND Takes Full Control of Haldex India to Drive Expansion in Commercial Vehicle Sector

(IN BRIEF) SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India from its joint venture partner ANAND Group, securing full ownership of the brake systems manufacturer. The move is part of SAF-HOLLAND’s drive2030 growth strategy and aims … Read the full press release

ASSA ABLOY Strengthens Access Control Portfolio with Acquisition of Pedestal PRO

(IN BRIEF) ASSA ABLOY has acquired Pedestal PRO, a Utah-based manufacturer of access control pedestals and mounting solutions, further expanding its presence in mature markets and enhancing its electromechanical portfolio. With around 50 employees and 2024 sales of approximately USD … Read the full press release

Scania Acquires Northvolt Systems Industrial Division to Enhance Battery Solutions and Accelerate Off‑Road Electrification

(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release