Tag Archives: global leader

Sanofi Sells 50% Stake in Opella to CD&R, Establishing Independent Global Consumer Healthcare Champion

(IN BRIEF) Sanofi has completed the sale of a 50.0% controlling stake in its consumer healthcare division, Opella, to CD&R, creating a global leader in consumer healthcare. Sanofi retains a significant 48.2% stake, while Bpifrance will hold 1.8% and join … Read the full press release

Solvay Unveils Innovative Rare Earths Line in France to Empower Europe’s Sustainable Future

(IN BRIEF) Solvay has inaugurated its new rare earths production line at the La Rochelle facility in France, marking the beginning of commercial production for permanent magnets and aligning with Europe’s Critical Raw Materials Act. This strategic move, part of … Read the full press release

Altor Sells Qmatic: Marking a Strategic Shift from Hardware to SaaS Leadership

(IN BRIEF) Altor Fund II has reached an agreement to divest Qmatic Group AB to Valsoft Corporation Ireland, a company specializing in vertical software solutions from Canada. Altor’s investment in Qmatic began in 2007 with a focus on queue management … Read the full press release

Wabtec Acquires Dellner Couplers from EQT VIII Fund for EUR 890 Million, Strengthening Global Rail Safety

(IN BRIEF) EQT VIII Fund has agreed to sell Dellner Couplers to Wabtec Corporation for approximately EUR 890 million. Under EQT’s ownership since 2019, Dellner evolved from a family-owned company in Sweden into a global leader in train connection systems … Read the full press release

Saint-Gobain Completes Acquisition of FOSROC to Strengthen Global Leadership in Construction Chemicals

(IN BRIEF) Saint-Gobain has completed its acquisition of FOSROC, a major player in the construction chemicals industry, further expanding its global reach. The acquisition strengthens Saint-Gobain’s position in high-growth markets like India and the Middle East and aligns with its … Read the full press release

Thales Leads the Way in Trusted, Ethical AI for Critical Systems and Global Security

(IN BRIEF) Thales, a global leader in defence, aerospace, and cybersecurity, continues to lead AI innovation for critical systems. The company is committed to developing trusted, ethical AI that emphasizes transparency, energy efficiency, and cybersecurity. With cutting-edge AI solutions applied … Read the full press release

Knorr-Bremse Celebrates 120 Years of Innovation and 20 Years of Global Care Initiatives

(IN BRIEF) Knorr-Bremse is celebrating its 120th anniversary in 2025, marking a significant milestone in the company’s growth from its founding by Georg Knorr in Berlin in 1905 to becoming a global leader in braking systems for rail and commercial … Read the full press release

Christian Levin Elected Chair of ACEA’s Commercial Vehicles Board for 2025

(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release