Tag Archives: investment

Pyrum Innovations AG to expand tire pyrolysis capacity with EUR 16 million backing from BASF SE

Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and be used for demanding plastic applications (PRESS RELEASE) LUDWIGSHAFEN, 21-Sep-2020 — … Read the full press release

Leading Wireless Edge WAN 4G and 5G Enterprise solutions company Cradlepoint acquired by Ericsson for USD 1.1 billion

Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b. Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers Transaction expected to close during Q4 2020, subject to merger … Read the full press release

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … Read the full press release

Galata Chemicals to produce Tin Stabilizers and Intermediates at Dahej, India

(PRESS RELEASE) LAMPERTHEIM, Germany, 3-Sep-2020 — /EuropaWire/ — Galata Chemicals, a leading global producer of plastic additives, announced the commissioning of its newest Tin Stabilizer production facility in Dahej, India. This facility will produce Methyl, Butyl, and Octyl Tin Stabilizers, … Read the full press release

ABP further invests in Newport to meet future demand and maintain leading position as general cargo port in Wales

(PRESS RELEASE) LONDON, 25-Aug-2020 — /EuropaWire/ — The UK’s leading and best-connected port operator Associated British Ports (ABP) has invested nearly EUR 4.5 Million (£4 million) to enhance operations at the Port of Newport. As the UK continues to come … Read the full press release

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

LBBW and KfW IPEX-Bank to fund the expansion of Karaburun wind farm in Turkey

(PRESS RELEASE) FRANKFURT, 16-Jul-2020 — /EuropaWire/ — German banks Landesbank Baden-Württemberg (LBBW) and KfW IPEX-Bank, a wholly owned subsidiary of KfW, will provide funding for the expansion of the Karaburun wind farm located just near by Izmir in Turkey. The … Read the full press release

EQT Infrastructure IV’s Asia Pacific Village Group Limited to acquire Metlifecare, major retirement villages operator

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare’s shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare’s largest … Read the full press release

Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release

SEB, AMF and FAM create Sindre Invest AB to help Swedish companies make it through the economic crisis

(PRESS RELEASE) STOCKHOLM, 12-Jun-2020 — /EuropaWire/ — SEB, AMF and FAM team up to support Swedish companies in need of capital to make it through the corona crisis. The partners invested SEK 3.5bn in a jointly owned company, Sindre Invest … Read the full press release

Moldovan agricultural firm Terrarica to upgrade machinery with financial support from EBRD and the EU

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has announced that a joint financing facility of the bank and the EU helped Terrarica to purchase machinery for agriculture production, including new tractors, auxiliary … Read the full press release

Shell announces investment in Arrow Energy’s Surat Gas Project in Queensland, Australia

(PRESS RELEASE) THE HAGUE, 17-Apr-2020 — /EuropaWire/ — Oil and gas giant Shell has just announced an investment in Arrow Energy’s Surat Gas Project in Queensland, Australia. The investment will bring up to 90 billion cubic feet per year of … Read the full press release

Sika further invests in waterproofing membrane manufacturing in Switzerland

(PRESS RELEASE) BAAR, 17-Mar-2020 — /EuropaWire/ — Sika operates a new production facility for the SikaProof® structural waterproofing membrane at its existing site in Sarnen, Switzerland. The expansion will increase the manufacturing efficiency and will allow Sika to serve the … Read the full press release

Total to help stabilize the French power grid with new battery-based energy storage system

(PRESS RELEASE) PARIS, 13-Mar-2020 — /EuropaWire/ — Total announces investment of around €15 million for the largest battery-based energy storage project in France. The new lithium-ion energy storage system will be constructed in Mardyck, at the Flandres Center, in Dunkirk’s … Read the full press release

ENGIE and EDPR combine expertise and capabilities on offshore wind

(PRESS RELEASE) LA DÉFENSE, France, 24-Jan-2020 — /EuropaWire/ — ENGIE announces 50/50 joint-venture (JV) agreement with EDPR (edp renewables), bringing together the industrial expertise and development capacity of both companies in fixed and floating offshore wind. The agreement follows the … Read the full press release

Fortum supports its battery business with the acquisition of Crisolteq

(PRESS RELEASE) ESPOO, 17-Jan-2020 — /EuropaWire/ — Fortum strengthens its position in the recycling of high value materials in Europe with the acquisition of 100 percent shareholding in Crisolteq, a Finnish specialist in recycling valuable metals in lithium-ion batteries. This … Read the full press release

Valmet’s 2019–2022 R&D programme gets EUR 50 million funding from NIB

(PRESS RELEASE) HELSINKI, 9-Jan-2020 — /EuropaWire/ — NIB to finance Finnish Valmet Oyj’s research and development (R&D) activities in 2019–2022. The EUR 50 million loan will mature in ten years. Valmet’s 2019–2022 R&D investment programme focuses on performance and investment … Read the full press release

French consulting company Silveo now part of Accenture Industry X.0

(PRESS RELEASE) PARIS, 20-Dec-2019 — /EuropaWire/ — Accenture closes acquisition of French consulting company Silveo. Transaction was first announced on November 14. Silveo provides services and solutions for digital manufacturing and intelligent supply chains based on software from, for example, … Read the full press release

Bridgepoint Development Capital to acquire majority interest in Oris Dental, a leading Norwegian dental care provider

(PRESS RELEASE) LONDON, 19-Dec-2019 — /EuropaWire/ — Bridgepoint Development Capital to acquire a majority shareholding in Oris Dental Holding AS, a leading Norwegian dental care provider. BDC will provide support to allow Oris Dental expand and realise its ambitious growth … Read the full press release

AFRY joins collaboration on biomass project in Papua New Guinea

(PRESS RELEASE) STOCKHOLM, 17-Dec-2019 — /EuropaWire/ — A new partnership has been formed to raise awareness of the importance of developing renewable energy initiatives in Papua New Guinea (PNG). The parties involved are Oil Search, one of Papua New Guinea’s … Read the full press release

Volvo Group Venture Capital supports the advancement of a safety-certified software framework for autonomous systems

(PRESS RELEASE) GOTHENBURG, 5-Dec-2019 — /EuropaWire/ — Volvo Group Venture Capital AB invested in a leading software company in autonomous mobility. The investment in Apex.AI will support the advancement of a safety-certified software framework for autonomous systems. Apex.AI is based … Read the full press release

Neptune Energy begins seismic surveys in Petrel field located in the Bonaparte Basin of Australia

(PRESS RELEASE) LONDON, 4-Dec-2019 — /EuropaWire/ — Neptune Energy makes its first substantial investment in Petrel for five years with the start of seismic surveys in the extensive Petrel field, located in the Bonaparte Basin of Australia. The study will … Read the full press release

CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

(PRESS RELEASE) HELSINKI, 25-Nov-2019 — /EuropaWire/ — CapMan Nordic Real Estate II Fund acquired a retail and office property located at Købmagergade 42 in Copenhagen. The property is located in one of the main pedestrian streets in Copenhagen, within a … Read the full press release

Inmarsat further extends global leadership in true broadband services with the launch of new GX5 satellite on 22 November

(PRESS RELEASE) LONDON, 15-Nov-2019 — /EuropaWire/ — Inmarsat‘s new GX5 satellite will be launched on Friday 22 November 2019. The launch window is between 21:08 and 22:43 UK time / UTC. To be launched by Arianespace from Guiana Space Center … Read the full press release

Hydro closes fabrication business unit and invests €4.4 million in Pole Products business unit in Drunen, Netherlands

(PRESS RELEASE) OSLO, 13-Nov-2019 — /EuropaWire/ — Hydro closes its fabrication business unit in Drunen, Netherlands. The closure is due to the challenging European market, particularly in trailer construction, which represents a large part of the production in Drunen. Despite … Read the full press release

BP Ventures backs Mobility-as-a-Service Finnish start-up with €10 million investment

(PRESS RELEASE) LONDON, 7-Nov-2019 — /EuropaWire/ — BP Ventures invests €10 million in MaaS Global. The Finnish-based start-up is a provider of digital mobility software designed to make transport easier and smarter. MaaS Global’s innovative Whim app provides users to … Read the full press release

CapMan Infra invests in the acceleration of fibre network deployment across Finland

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — CapMan Infra to establish a joint venture with Telia Company that will invest into and deploy fibre-to-the-home (FTTH) infrastructure in Finland. CapMan Infra will take a majority investment in the joint venture that … Read the full press release

Borealis announces its largest investment in Europe; breaks ground on new world-scale PDH plant in Kallo, Belgium

(PRESS RELEASE) VIENNA, 10-Sep-2019 — /EuropaWire/ — Borealis breaks ground on its new, world-scale propane dehydrogenation (PDH) plant located at its existing production site in Kallo, Belgium. It will be one of the largest and most efficient plants of its … Read the full press release

Sika expands its presence in China and the Asia Pacific with the acquisition of silicone sealants and adhesives manufacturer Crevo-Hengxin

(PRESS RELEASE) BAAR, 9-Sep-2019 — /EuropaWire/ — Sika expands its Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region with the acquisition of Crevo-Hengxin. Sika also will gain additional silicone technology and a production … Read the full press release

Symrise strengthens presence in West Africa with the opening of its own application labs in Nigeria

(PRESS RELEASE) HOLZMINDEN, Germany, 6-Sep-2019 — /EuropaWire/ — Symrise, a global fragrance and flavoring manufacturer based in Germany, sets up its own application labs in Nigeria. The company opened the new facilities in Lagos, the largest city in the West … Read the full press release