Tag Archives: acquisition

Accenture Completes Acquisition of OnProcess Technology to Boost Supply Chain Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of OnProcess Technology, a provider of supply chain managed services known for its expertise in improving inventory management, enhancing operational efficiency, and addressing complex service challenges. With this acquisition, Accenture aims to … Read the full press release

ORLEN Expands European Network with Acquisition of Doppler Energie’s Service Stations in Austria

(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release

Enel Sells US Renewable Asset Portfolio to ORMAT for $271 Million

(IN BRIEF) Enel, through its subsidiary Enel Green Power North America (EGPNA), has completed a transaction with ORMAT Technologies for the sale of a renewable asset portfolio in the United States. The deal, valued at $271 million, includes EGPNA’s entire … Read the full press release

OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release

Ricoh Strengthens Production Print Capabilities with Albyco Acquisition

(IN BRIEF) Ricoh, a leader in the print and graphics industry, has successfully acquired Albyco, a Netherlands-based business specializing in finishing solutions for digital graphic communications, labels, signage, and packaging. This strategic move enhances Ricoh’s production print finishing capabilities across … Read the full press release

Accenture Finalizes Acquisition of U.K. Tech Consultancy 6point6

(IN BRIEF) Accenture has successfully concluded its acquisition of 6point6, a prominent U.K. technology consultancy known for its expertise in cloud, data, and cybersecurity. This strategic acquisition bolsters Accenture’s capabilities in strategy and architecture, with a strong focus on sectors … Read the full press release

Lithuania Acquires Thales Ground Master 200 Radars for Enhanced Defense Capabilities

(IN BRIEF) Lithuania’s Defence Material Agency (DMA) has entered into an agreement with the Dutch procurement Agency COMMIT to procure Thales Ground Master 200 Multi-Mission Compact radars (GM200 MM/C). These advanced radars are designed to provide simultaneous detection, tracking, and … Read the full press release

Enel Continues Share Buyback Program with Acquisition of 186,000 Treasury Shares

(IN BRIEF) Enel S.p.A. has announced the purchase of 186,000 treasury shares between December 27th and 29th, 2023, on the Euronext Milan market, at an average price of 6.7302 euros per share, amounting to 1,251,825.900 euros. This transaction is part … Read the full press release

Fincantieri Set to Acquire Remazel Engineering in Subsea and Marine Energy Expansion

(IN BRIEF) Fincantieri S.p.A. is advancing its strategic development project within the Subsea and Marine Energy sectors through an agreement to acquire the entire share capital of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. The key details and … Read the full press release

AstraZeneca Advances in Cell Therapy with Acquisition of Gracell Biotechnologies

(IN BRIEF) AstraZeneca has announced its definitive agreement to acquire Gracell Biotechnologies Inc. (NASDAQ: GRCL), a global biopharmaceutical company specializing in cell therapies for cancer and autoimmune diseases. This strategic move aims to bolster AstraZeneca’s presence in the field of … Read the full press release

Orange Business Fortifies Position as Digital Integrator with Expertime Deal

(IN BRIEF) Orange Business has acquired Expertime, a Microsoft technology solutions specialist, to bolster its digital services and strengthen its position as a leading network and digital services integrator in Europe. Expertime’s expertise in Microsoft technologies, especially in public cloud, … Read the full press release

Outokumpu Acquires EUR 765,290 Worth of Its Own Shares in Buyback Program

(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release

EQT to Acquire Zeus Company, Pioneering Medical Device Components Manufacturer

(IN BRIEF) EQT X fund has announced its acquisition of Zeus Company Inc., a pioneer in the design and production of fluoropolymer tubing for medical devices and select industrial applications. The acquisition aims to support Zeus’ continued growth as a … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 163,476 Shares to Strengthen Financial Position

(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release

Evonik Acquires Full Control of Thai Peroxide Company to Expand Specialty Peroxides Offering in Asia Pacific

(IN BRIEF) Evonik has completed the acquisition of Thai Peroxide Company Limited (TPL), a former joint venture, to expand its specialty-grade hydrogen peroxide and peracetic acid offerings in the Asia Pacific region. TPL is a significant regional supplier of these … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 157,620 Treasury Shares

(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … Read the full press release

UK-Based Redkite Joins Accenture to Enhance Data-Driven Intelligence

(IN BRIEF) Accenture has acquired Redkite, a UK-based data consultancy with expertise in data-driven intelligence and AI. The acquisition, aligned with Accenture’s strategic plan, expands the company’s data capabilities and enhances its ability to provide modern data platforms that utilize … Read the full press release

Construction Materials Giant Saint-Gobain to Boost Presence in Ecuador with IMPTEK Acquisition

(IN BRIEF) Saint-Gobain, a global leader in construction materials, has announced its intent to acquire a majority stake in IMPTEK Chova del Ecuador, a prominent player in the construction chemicals market in Ecuador known for its innovative waterproofing solutions. This … Read the full press release

German Bundeswehr Orders Record-Breaking 82 Airbus H145M Multi-Role Helicopters

(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release

Equinor to Acquire Shell’s Stake and Operatorship of Linnorm Discovery in Norwegian Sea

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release

Orange Acquires Treasury Shares for Long-Term Incentive Plans

(IN BRIEF) Orange has announced its purchase of treasury shares as part of its 2023 share buyback program. These shares have been acquired to fulfill obligations related to long-term incentive plans designed for corporate officers and senior employees. These incentive … Read the full press release

Yara Expands Organic-Based Fertilizer Business with Acquisition of Agribios Italiana

(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release

Outokumpu Completes Share Repurchase Program: Acquires 170,090 Own Shares

(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release

ORLEN Group Expands Renewable Energy Portfolio with 60 MW Onshore Wind Farm Acquisition

(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has entered into an agreement to purchase onshore wind farms from Octopus Renewables Infrastructure Trust PLC. These wind farms, located in the Provinces of Poznań and Szczecin, have a … Read the full press release

EnBW’s Insolvency Plan for bmp greengas GmbH Approved by Creditors, Acquisition by VNG H&V Ensures Stable Future

(IN BRIEF) EnBW Energie Baden-Württemberg AG has received a broad majority approval from creditors for the insolvency plan of biomethane trader bmp greengas GmbH. EnBW, the sole bidder, submitted a binding offer in October to fund the insolvency plan, which … Read the full press release

TotalEnergies Bolsters Renewable Energy Ventures with Startup Acquisitions

(IN BRIEF) TotalEnergies is acquiring three startups that previously participated in its TotalEnergies On acceleration program at STATION F in Paris. These acquisitions aim to accelerate the company’s expansion in the electricity sector and enhance its B2B offerings and renewable … Read the full press release

Lagardère’s Shareholder Vivendi Extends Rights to Sell Shares Until June 2025

(IN BRIEF) Lagardère acknowledges that its shareholder, Vivendi SE, has unanimously approved the extension of the exercise period for the rights to sell Lagardère shares until June 15, 2025. This extension maintains the terms and conditions outlined in the public … Read the full press release

EQT Infrastructure to Acquire Majority Stake in Heritage Environmental Services, Advancing Industrial Waste Management

(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release

Grupo Calleja Initiates Tender Offer to Acquire Éxito Group Shares

(IN BRIEF) Following Casino Group’s announcement on October 16, 2023, regarding the sale of its total equity interest in Almacenes Éxito S.A. (“Éxito Group”) to Grupo Calleja, the Buyer has officially launched the Tender Offer (Colombian TO) to acquire up … Read the full press release

ArcelorMittal Completes Sale of Kazakh Steel and Mining Operation to Qazaqstan Investment Corporation

(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release

Saint-Gobain Strengthens Construction Chemicals Portfolio with Acquisition of Menkol Industries in India

(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release

ABP Acquires Key Land Parcel for Future-Proofing Humber Ports and Business Growth

(IN BRIEF) Associated British Ports (ABP) has taken a significant step in its property strategy by acquiring the freehold of a 227.5-acre site known as Stallingborough Interchange. This acquisition underscores ABP’s commitment to expanding its commercial port opportunities, encompassing automotive, … Read the full press release

Roche to Acquire Carmot Therapeutics for USD 2.7 Billion, Expanding Its Portfolio in Obesity Treatment

(IN BRIEF) Roche, a leading pharmaceutical company, has announced its definitive merger agreement to acquire Carmot Therapeutics, a privately owned US-based company specializing in obesity treatment and related metabolic diseases. The acquisition includes Carmot’s portfolio of clinical stage subcutaneous and … Read the full press release

Thales Completes Early Acquisition of Imperva, Creating Global Cybersecurity Leader

(IN BRIEF) Thales, the global technology company, has successfully completed the acquisition of Imperva ahead of schedule, marking a significant milestone in the company’s cybersecurity expansion plans. The acquisition positions Thales as a worldwide leader in cybersecurity, with a team … Read the full press release

KPN Expands Fiber Network Coverage with Acquisition of Kabeltex

(IN BRIEF) On November 30, 2023, KPN finalized its acquisition of Kabeltex, a company owning fiber networks and functioning as an internet service provider in Texel and the northern region of North Holland. Kabeltex boasts full fiber coverage on Texel … Read the full press release

Arkema Expands its Portfolio with 54% Stake Acquisition in PI Advanced Materials

(IN BRIEF) Arkema has completed the acquisition of a 54% stake in PI Advanced Materials (PIAM), a South Korean company specializing in polyimide films for advanced electronics and electric mobility markets. PIAM holds a dominant global market share of over … Read the full press release

Shell Completes Sale of Home Energy Businesses to Octopus Energy Group

(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release

Lightsource bp to Scale Up with Full Ownership by bp

(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release

Equinor Agrees to Sell Nigerian Business and Agbami Oil Field Stake to Chappal Energies

(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release

Accenture Strengthens Regional Creative Capabilities with Rabbit’s Tale Acquisition in Thailand

(IN BRIEF) Accenture, a global technology and consulting company, is set to acquire Rabbit’s Tale, a renowned Bangkok-based creative and digital experience agency. This strategic move aims to bolster the creative, brand, and data capabilities of Accenture Song, the world’s … Read the full press release