Tag Archives: acquisition

Gasum Acquires Hærup Biogas to Boost Nordic Renewable Gas Production and Expand into Denmark

(IN BRIEF) Gasum, the Nordic energy company, has signed a share purchase agreement to acquire 100% of the shares in Denmark-based Hærup Biogas ApS, marking its first biogas plant acquisition in the country. Hærup Biogas currently produces around 40 GWh … Read the full press release

CapMan Infra Invests in Finland’s Leading Bioenergy and Heat-as-a-Service Provider ProPellet

(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release

MDC Expands Global Leadership with Acquisition of Lighteum to Advance Medical Device Manufacturing

(IN BRIEF) MDC has completed the acquisition of Lighteum, a leader in nitinol-based medical component manufacturing, expanding its capabilities in the medical device industry. The acquisition combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s advanced nitinol processing … Read the full press release

Morrisons Completes Acquisition of 36 Stores in the Channel Islands, Plans £7 Million Rebranding Investment

(IN BRIEF) Morrisons has completed the acquisition of 36 convenience stores in Jersey, Guernsey, and Alderney from SandpiperCI. The company will rebrand most of the stores to the Morrisons format, investing over £7 million in the conversion and store improvements. … Read the full press release

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release

Stora Enso Sells Sunila Site to AALTO Development, Paving Way for Sustainable Energy Innovation Hub

(IN BRIEF) Stora Enso has sold the real estate of its Sunila site in Kotka, Finland, to AALTO Development Oy, a Finnish company known for its focus on quality architecture and urban planning. Stora Enso will remain as a tenant, … Read the full press release

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

(IN BRIEF) Equinor has acquired an additional 11.8% stake in the Halten East Unit from Sval Energi, increasing its ownership to 69.5%. Halten East, an offshore project in the Norwegian Sea, holds around 100 million barrels of oil equivalent, mostly … Read the full press release

Sika Expands Market Presence in Peru with Acquisition of Tile Setting Leader Chema

(IN BRIEF) Sika has completed the acquisition of Chema, a leading Peruvian manufacturer of tile setting materials, strengthening its presence in the growing mortar segment. Founded over 50 years ago, Chema is known for its high-quality products and efficient distribution … Read the full press release

PNE AG Sells Papenrode Wind Farm to Qualitas Energy, Boosting Renewable Energy Production in Lower Saxony

(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

Crédit Agricole Immobilier Strengthens Market Leadership with Acquisition of Nexity Property Management

(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

Swiss Re to Sell iptiQ European P&C Business to Allianz Direct, Expanding B2B2C Presence Across Europe

(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

Evotec Sells API Manufacturing Site to Monacum Partners, Streamlining Focus on Core Growth Areas

(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

BASF Sells Flocculant Mining Business to Solenis, Refocuses on Core Mining Solutions

(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

Eni Finalizes $1 Billion Sale of Alaskan Oil Assets to Hilcorp, Strengthens Focus on Core Portfolio and Energy Transition

(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

BUKO Traffic & Safety Enters German Market with Strategic Acquisition of BVT Bremer Verkehrstechnik

(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

Barclays Finalizes Acquisition of Tesco Bank’s Retail Business, Launches Strategic Partnership to Expand Tesco-Branded Financial Services

(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

Ahlstrom Advances Growth Strategy with Sale of Aspa Pulp Mill to Sweden Timber

(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

Siemens Agrees to Sell Airport Logistics Business to Vanderlande for €300 Million

(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

Crédit Agricole Leasing & Factoring Strengthens German Market Presence with Merca Leasing Acquisition

(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