(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) Iberdrola’s subsidiary, SP Energy Networks, has acquired the tech company Derryherk to enhance the efficiency of the UK’s electricity distribution network. Derryherk’s digital twin technology will improve SPEN’s ability to detect faults, forecast capacity constraints, and actively manage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged acquisition, Derryherk, Guy Jefferson, Iberdrola, net-zero goals, partnership, Smart Grid, SP Energy Networks, sustainability, UK
(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 45% stake in gas-producing assets in Texas’ Eagle Ford Basin from Lewis Energy Group, further expanding its U.S. natural gas operations. This move strengthens TotalEnergies’ integration across the gas value chain and follows a … Read the full press release
(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged acquisition, Emmanuel Aryee Mokobi, Nigeria, partnership, Prudential, Solmaz Altin, sustainability, Zenith Life
(IN BRIEF) BNP Paribas has signed an agreement to acquire HSBC’s private banking operations in Germany, aiming to enhance its wealth management services and increase its assets under management to over €40 billion. This strategic acquisition targets growth within the … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Investment, Management, News
Tagged acquisition, BNP Paribas, Germany, HSBC, Lutz Diederichs, partnership, Private Banking Division, Vincent Lecomte, wealth management
(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release
(IN BRIEF) Euronext has acquired Substantive Research, a leading provider of market data and investment research benchmarking services, to strengthen its investor services. Substantive Research, serving over 100 global clients, will be integrated with Euronext’s subsidiary Commcise, offering enhanced market … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, International Trade, Investment, Management, Marketing, Netherlands, News, Technology, United Kingdom
Tagged acquisition, Camille Beudin, Euronext, London, market data, Mike Carrodus, partnership, Research Benchmarking Services, Substantive Research
(IN BRIEF) FUCHS SE has signed a letter of intent to acquire Swiss lubricant company STRUB & Co. AG as part of its strategy to expand its market presence in Switzerland. The acquisition will provide FUCHS with direct access to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged acquisition, FUCHS SE, Lubricant, partnership, STRUB & Co. AG, sustainability, Switzerland
(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release
(IN BRIEF) Vodafone and Three UK have responded to the CMA’s provisional findings, disputing concerns that their merger could reduce competition and lead to price increases. The companies argue that the £11 billion merger will improve 5G infrastructure, enhance competition, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 5G infrastructure, acquisition, Competition and Markets Authority’s (CMA), Margherita Della Valle, MERGER, partnership, Robert Finnegan, sustainability, Three UK, vodafone
(IN BRIEF) DSV has agreed to acquire Schenker, Deutsche Bahn’s logistics subsidiary, for €14.3 billion, marking its largest acquisition to date. The combined company will have a presence in over 90 countries, with a workforce of 147,000 and pro forma … Read the full press release
(IN BRIEF) ASSA ABLOY has acquired smart lock company Level Lock, based in Redwood City, California, to strengthen its digital access solutions in the Americas. Level Lock, founded in 2016, has 70 employees and reported $16 million in sales in … Read the full press release
Posted in Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged acquisition, ASSA ABLOY, digital, Level Lock, Smart Lock Company
(IN BRIEF) VINCI Highways has signed an agreement to acquire a 51% stake in HKR Roadways Limited, the operator of the SH1 highway concession in Telangana, India. The highway connects Hyderabad to the northeastern region of the state. The €40 … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, highway, INDIA, partnership, SH1 highway, sustainability, VINCI, VINCI Highways
(IN BRIEF) Iraq has awarded Airbus Helicopters a contract for 12 H225M helicopters, marking a significant upgrade to its Army Aviation fleet. The deal, signed in Baghdad by Defence Minister Thabet al-Abbassi and French Ambassador Patrick Durel, aims to replace … Read the full press release
(IN BRIEF) ZEISS Semiconductor Manufacturing Technology (SMT) is acquiring the Lithography division of Beyond Gravity, based in Zurich, Switzerland, and Coswig, Germany. This acquisition aims to boost ZEISS SMT’s production and research capabilities to meet rising global demand for semiconductor … Read the full press release
(IN BRIEF) Ramboll has acquired SCC Scientific Consulting Company, enhancing its Health Sciences division. SCC, a leading European regulatory consultancy with expertise in agrochemicals, biocides, chemicals, and medical devices, brings 160 experts to Ramboll, expanding its team to over 340. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged acquisition, Dr Friedbert Pistel, Florian Pistel, Germany, Health Sciences, Martina Vosteen, partnership, Philippa Spence, Ramboll, SCC Scientific Consulting Company, sustainability
(IN BRIEF) Ramboll has acquired i3 Solutions Group, a UK and Singapore-based data centre consulting firm, strengthening its global presence in data centre consulting. This acquisition, following Ramboll’s 2022 purchase of EYP Mission Critical Facilities, expands its expertise in strategy, … Read the full press release
(IN BRIEF) Airbus Defence and Space has completed its acquisition of infodas, a German cybersecurity firm specializing in IT solutions for the public sector, including defense and critical infrastructure. This acquisition, now finalized with all regulatory approvals, aims to strengthen … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, aerospace, Airbus, Cybersecurity, Defence, France, INFODAS, Karen Florschuetz
(IN BRIEF) Wieland Group, a leading manufacturer of copper and copper alloy products based in Ulm, Germany, has acquired Aurubis AG’s Buffalo site in New York. The sale, completed on August 30, 2024, involves a facility with around 500 employees … Read the full press release
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