Tag Archives: divestment

INEOS Enterprises to acquire 35-site concrete additives business from Sika AG in order for them to complete acquisition of MBCC Group’s Admixture Business

(PRESS RELEASE) LONDON, 16-Jan-2023 — /EuropaWire/ — INEOS, a global chemical company, has announced that its subsidiary INEOS Enterprises, the operator of Europe’s largest compounds site, will acquire a major concrete additives business from Sika AG. The business, which has … Read the full press release

INEOS Enterprises amplía su presencia en el mercado de productos químicos para la construcción con la adquisición de los activos del Grupo MBCC de Sika AG

(COMUNICADO DE PRENSA) BAAR, 16-Jan-2023 — /EuropaWire/ — Sika (SWX: SIKA), una multinacional suiza fabricante de productos químicos y adhesivos para la construcción, ha anunciado que ha firmado un acuerdo con INEOS Enterprises, una subsidiaria de INEOS, para vender activos … Read the full press release

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 announced that it has signed an agreement with INEOS Enterprises, a subsidiary of INEOS, to sell select assets from its … Read the full press release

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 materials, has announced the divestment of its distribution businesses in the United Kingdom for EUR 850 million to Stark group, … Read the full press release

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 an internal transaction for the divestment of the the Sthlm 01 office building in Stockholm, Sweden owned by Skanska Commercial … Read the full press release

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 markets, has announced it will sell its Maritime Traffic Management (MTM) business to funds advised by Agilitas Private Equity LLP … Read the full press release

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 6,4 Milliarden (PRESSEMITTEILUNG) ZUG, 16-Sep-2022 — /EuropaWire/ — Holcim (SWX: HOLN), einer der weltweit führenden Anbieter von Zement und Zuschlagstoffen, … Read the full press release

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 (PRESS RELEASE) ZUG, 16-Sep-2022 — /EuropaWire/ — Holcim (SWX: HOLN), one of the world’s leading suppliers of cement and aggregates, … Read the full press release

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, wooden constructions and paper, has announced the sale of the first out of four paper production assets it plans to … Read the full press release

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/ — Allianz Group (ETR: ALV), one of the leading integrated financial services providers worldwide, has announced the divestment of its … Read the full press release

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) MUNICH, 3-Jun-2022 — /EuropaWire/ — Groupe Allianz (ETR : ALV), l’un des leaders intégrés fournisseurs de services financiers du monde entier, … Read the full press release

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 materials, has announced the sale of certain glass processing businesses in Germany and Austria. In Germany, the company has agreed … Read the full press release

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, hat den Verkauf bestimmter Glasverarbeitungsunternehmen in Deutschland und Österreich bekannt gegeben. In Deutschland hat das Unternehmen dem Verkauf seiner Beteiligung … Read the full press release

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 the completion of the sale of its retail stations and lubricants business in Russia, Shell Neft LLC, to PJSC LUKOIL, … Read the full press release

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, has announced the divestment of its remaining holdings in Neles Oyj (HEL: NELES), a Finnish flow control solutions provider for … Read the full press release

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 the sale of its office building Two Drydock in Boston, USA to a global investment firm for EUR 207 million … Read the full press release

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 CAC 40 stock market index, has announced the divestment of its water and beverage business in Denmark, Aqua d’Or. The … Read the full press release

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 the divestment of an office building in Kiruna, Sweden for about SEK 260M (EUR 25M). The buyer is Luleälven Fastigheter … Read the full press release

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 to invest and attractive development prospects Parties agree not to disclose purchase price; closing expected within first half of 2022 … Read the full press release

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 pharma (PRESS RELEASE) SCHINDELLEGI, 4-Jan-2021 — /EuropaWire/ — Global transport and logistics company Kuehne+Nagel announces that it has completed divestment … Read the full press release