Tag Archives: expansion

Swissport Strengthens Board with Former Kuehne+Nagel CEO Detlef Trefzger to Drive Global Expansion

(IN BRIEF) Swissport International AG has appointed former Kuehne+Nagel CEO Detlef Trefzger as a Non-Executive Director to its Board of Directors. Trefzger, who brings extensive industry expertise from his leadership roles at Kuehne+Nagel and DB Schenker, will support Swissport’s global … Read the full press release

Strategic Expansion in Data Centre Consulting: i3 Solutions Group Joins Forces with Ramboll

(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

Logicor Strengthens UK Team with New Project Manager and Analyst to Drive Expansion

(IN BRIEF) Logicor has expanded its UK Asset Management team with two new hires: Michaela Chidgey as Project Manager and Rachel Boorer as an Analyst. Chidgey, formerly with Savills, brings extensive project management experience in the industrial and logistics sector, … Read the full press release

METRO Expands UK Presence with Acquisition of Caterite to Boost Food Service Distribution

(IN BRIEF) METRO has expanded its food service distribution (FSD) business in the UK by acquiring Caterite Food & Wineservice, a specialist in food delivery to the HoReCa sector in the Lake District and northern regions of the UK. This … Read the full press release

Telefónica Strengthens Commitment to Brazil, Plans Continued Expansion in Key Market

(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release

EBRD and Partners Invest €10 Million to Fuel Expansion of Romanian Retailer La Cocos

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release

ENGIE Achieves Financial Close on 250 MW Goorambat East Solar Farm, Paving the Way for Major Renewable Energy Expansion in Victoria

(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release

Merck’s Darmstadt Expansion: New €62 Million Facility to Elevate Quality Standards in Life Science

(IN BRIEF) Merck is investing €62 million in a new quality control facility at its Darmstadt headquarters as part of a larger €1.5 billion investment program. Scheduled for completion by mid-2025, the state-of-the-art facility will consolidate 135 employees into a … Read the full press release

Caldic’s Nordic Expansion: Partners with AFRY for New Facility in Jägersro to Boost Sustainable Ingredient Production

(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release

MYTILINEOS Energy & Metals Rebrands as Metlen: A Bold Step towards Global Expansion

(IN BRIEF) Today, MYTILINEOS Energy & Metals unveiled its new corporate brand and refreshed corporate image, marking a significant milestone in its evolution towards global expansion, innovation, and growth. The announcement, made by Chairman and CEO Evangelos Mytilineos during the … Read the full press release

Logicor Completes Expansion of State-of-the-Art Logistics Hub in Vignate for IMA Eurosicma

(IN BRIEF) On May 28th, 2024, Logicor, a prominent player in European logistics real estate, finalized the refurbishment and expansion of a cutting-edge logistics hub in Vignate (MI), Italy. The newly revamped facility, spanning over 25,000 sqm and owned by … Read the full press release

TotalEnergies Greenlights Expansion in Brazil with Atapu and Sépia Fields Development Phases

(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release

Rolls-Royce Partners with Balfour Beatty for Raynesway Site Expansion

(IN BRIEF) Rolls-Royce has enlisted leading infrastructure group Balfour Beatty as its construction partner for the expansion of its Raynesway site in Derby, doubling its Submarines site to meet Royal Navy demands following last year’s AUKUS announcement. With Australia committing … Read the full press release

IFC and Italian Climate Fund Invest $210 Million in Eni’s Kenya Biofuel Expansion

(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release

Energinet Partners with Siemens Energy to Accelerate Green Grid Expansion in Western Denmark

(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release

NIB Funds Landsnet’s Green Transmission Network Expansion in Iceland

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release

Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup

(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release

Cotti Coffee Chooses Adyen’s Platform for Global Expansion and Enhanced Customer Experience

(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release

Adyen and Tide Partner to Launch Business Accounts in Germany, Marking Tide’s European Expansion

(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release

EBRD Bolsters Serbian Automotive Lighting with €15 Million Loan for Energy-Efficient Expansion

(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release