divestment

BASF Initiates Divestment from Xinjiang Joint Ventures Amid Sustainability Strategy Shift

(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from…

3 months ago

Equinor and SOCAR Forge Agreement on Azerbaijan Asset Divestment and Low-Carbon Collaboration

(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company…

4 months ago

Vattenfall’s Norfolk Offshore Wind Zone Sold to RWE for £963 Million

(IN BRIEF) Vattenfall has agreed to sell the Norfolk Offshore Wind Zone to RWE for £963 million, ensuring the continued…

4 months ago

SGS Divests US Powertrain Testing Operations to Columbia River Partners in Strategic Portfolio Move

(IN BRIEF) SGS has signed an agreement to sell its US powertrain testing operations to Columbia River Partners, a private…

6 months ago

Leading Infection Prevention Company, Schülke to Join ATHOS Consortium Following EQT Private Equity’s Strategic Ownership

(IN BRIEF) EQT Private Equity has agreed to sell Schülke, a provider of infection prevention solutions for the healthcare industry,…

9 months ago

Electrolux Group Initiates Preparation for Divestment of Zanussi and Non-Core Brands

(IN BRIEF) Electrolux Group has announced its plans to divest Zanussi and other non-core brands, including production facilities in Egypt…

10 months ago

ABB Completes Divestment of Power Conversion Division to AcBel Polytech Inc. for $505 Million

(IN BRIEF) ABB has successfully completed the divestment of its Power Conversion division to AcBel Polytech Inc. for an enterprise…

10 months ago

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading…

11 months ago

International Investor Mutares Acquires Arriva Group’s Assets in Denmark and Serbia

(IN BRIEF) Arriva Group has successfully sold its businesses in Denmark and Serbia to Mutares SE & Co. KGaA, an…

12 months ago

AFRY concludes divestment of Russian unit to local management

(IN BRIEF) AFRY, a Swedish engineering consulting firm, has completed the divestment of its Russian subsidiary to local management. The…

1 year ago

Electrolux Group’s Memphis manufacturing facility divestment deal fails to close as buyer defaults

(IN BRIEF) Electrolux has announced that the divestment of its Memphis manufacturing facility in Tennessee, USA, will not be completed…

1 year ago

TotalEnergies per ottimizzare il portafoglio con la vendita delle linee di prodotti Cray Valley

(NOTIZIA IN BREVE) TotalEnergies ha accettato di vendere tre linee di prodotti, tra cui quattro siti produttivi negli Stati Uniti…

1 year ago

TotalEnergies to optimize portfolio with sale of Cray Valley’s product lines

(IN BRIEF) TotalEnergies has agreed to sell three product lines, including four production sites in the United States and the…

1 year ago

Stora Enso Completes Sale of Hylte Paper Production Site, Reducing Annual Sales by EUR 160 Million

(IN BRIEF) Stora Enso has completed the sale of its paper production site in Hylte, Sweden, and all related assets…

1 year ago

Maersk’s Divestment of Maersk Supply Service Marks Completion of New Strategy Around Integrated Logistics

(IN BRIEF) A.P. Moller - Maersk has agreed to divest its Maersk Supply Service to A.P. Moller Holding, the parent…

1 year ago

Ahlstrom Plans Divestment of Stenay Plant to Address Packaging Sector Challenges

(IN BRIEF) Finnish specialty paper maker Ahlstrom is considering the possibility of divesting its Stenay plant in France, which produces…

1 year ago

Maersk Sells St. Petersburg and Novorossiysk Sites to IG Finance Development

(IN BRIEF) Maersk has reached an agreement to sell its logistics sites in St. Petersburg and Novorossiysk to IG Finance…

1 year ago

Das Subsurface Consultancy Business von SGS findet im Rahmen der Restrukturierungsbemühungen ein neues Zuhause in Sproule

(IN KÜRZE) SGS hat zugestimmt, sein in den Niederlanden ansässiges Subsurface Consultancy (SSC)-Geschäft an Sproule, ein kanadisches Energieberatungsunternehmen, zu verkaufen.…

1 year ago

INEOS Enterprises expands its presence in the construction chemicals market with the acquisition of MBCC Group’s assets from Sika AG

(PRESS RELEASE) BAAR, 16-Jan-2023 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational manufacturer of construction chemicals and adhesives, has…

1 year ago

Stark group takes over Saint-Gobain’s distribution businesses in the United Kingdom for EUR 850 million

(PRESS RELEASE) COURBEVOIE, France, 12-Dec-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other…

1 year ago

Skanska Commercial Property Development to sell the Sthlm 01 office building in Stockholm to Skanska Investment Properties for EUR 210 million

(PRESS RELEASE) STOCKHOLM, 1-Dec-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced…

1 year ago

Funds advised by Agilitas Private Equity LLP to acquire the Maritime Traffic Management (MTM) business of Saab

(PRESS RELEASE) STOCKHOLM, 30-Nov-2022 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security…

1 year ago

Die Übernahme der Holcim-Geschäfte Ambuja Cement und ACC durch den indischen Konglomerat Adani Group in Indien ist jetzt abgeschlossen

Adani Group hat die vollständigen Beteiligungen von Holcim an Ambuja Cement und ACC erworben Holcim erhielt einen Barerlös von USD…

2 years ago

Indian conglomerate Adani Group’s acquisition of Holcim’s businesses, Ambuja Cement and ACC, in India now closed

Adani Group has acquired Holcim’s full stakes in Ambuja Cement and ACC Holcim received cash proceeds of USD 6.4 billion…

2 years ago

Stora Enso sells the first out of four paper production assets it plans to divests

(PRESS RELEASE) HELSINKI, 13-Sep-2022 — /EuropaWire/ — Stora Enso (HEL: STERV), a leading provider of renewable solutions in packaging, biomaterials,…

2 years ago

Allianz Group divests 50.1 percent of its Russian business to Interholding LLC, the owner of Russian P/C insurer Zetta Insurance

Agreement aimed at ensuring continuity for clients and employees Transaction subject to regulatory approval (PRESS RELEASE) MUNICH, 3-Jun-2022 — /EuropaWire/…

2 years ago

Le groupe Allianz cède 50,1 % de ses activités russes à Interholding LLC, propriétaire de l’assureur P/C russe Zetta Insurance

Accord visant à assurer la continuité pour les clients et les employés Transaction soumise à l'approbation réglementaire (COMMUNIQUÉ DE PRESSE)…

2 years ago

Saint-Gobain announced the sale of certain glass processing businesses as part of its business profile optimization strategy

(PRESS RELEASE) COURBEVOIE, France, 27-May-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other…

2 years ago

Saint-Gobain gab den Verkauf bestimmter Glasverarbeitungsgeschäfte als Teil seiner Strategie zur Optimierung des Geschäftsprofils bekannt

(PRESSEMITTEILUNG) COURBEVOIE, France, 27-May-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), ein französischer multinationaler Hersteller von Bau-, Hochleistungs- und andere Materialien,…

2 years ago

Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, now sold to PJSC LUKOIL

(PRESS RELEASE) LONDON, 25-May-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced…

2 years ago

Alfa Laval no longer a shareholder in Neles Oyj, flow control solutions provider for process industries

(PRESS RELEASE) LUND, 14-Jan-2022 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling,…

2 years ago

Skanska sells its Two Drydock office building in Boston, USA to a global investment firm for EUR 207 million

(PRESS RELEASE) STOCKHOLM, 14-Dec-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced…

2 years ago

Danone divests its water and beverage business in Denmark

(PRESS RELEASE) PARIS, 16-Nov-2021 — /EuropaWire/ — Danone (EPA: BN), a world leading food company and a component of the…

2 years ago

Luleälven Fastigheter AB buys an office building in Kiruna, Sweden from Skanska in a deal worth SEK 260M (EUR 25M)

(PRESS RELEASE) STOCKHOLM, 30-Sep-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced…

3 years ago

thyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers

Further milestone achieved in focusing the portfolio and realigning the group Stainless steel business will profit from new owner’s willingness…

3 years ago

Kuehne+Nagel successfully completed divestment of major part of its contract logistics business in the UK

UK transaction follows recent divestments in France, Argentina Continued commitment to scalable Contract Logistics solutions worldwide, especially in e-commerce and…

3 years ago

Skanska sells its infrastructure services business in the UK to M Group Services for more than 55M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a binding…

3 years ago

Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the…

4 years ago