Tag Archives: strategic growth

Christoph Vilanek Elected Supervisory Board Chairman as Thomas Dannenfeldt Prepares to Step Down

(IN BRIEF) Thomas Dannenfeldt will step down as Chairman of CECONOMY AG’s Supervisory Board at the end of July 2025. Christoph Vilanek, a long-standing board member and former CEO of freenet AG, has been chosen as his successor. The Executive … Read the full press release

SIX Group Chairman Thomas Wellauer to Conclude Term at AGM 2026

(IN BRIEF) Thomas Wellauer, Chairman of the Board of Directors at SIX Group, has announced that he will not stand for re-election at the AGM in 2026. Under his leadership since 2020, SIX has seen significant strategic and operational advancements, … Read the full press release

CVC Strategic Opportunities Sells Entire Stake in Genetic S.p.A., Strengthening the Company’s Global Position

(IN BRIEF) CVC Strategic Opportunities II has successfully exited its investment in Genetic S.p.A., a pharmaceutical CDMO specializing in Respiratory, Ophthalmic, and Oncology therapeutic products. The exit sees NB Renaissance and NB Aurora joining the Pavese family as shareholders. Under … Read the full press release

Permobil Appoints Chuck Witkowski as President and CEO, Effective July 2025, Following Bengt Thorsson’s Departure

(IN BRIEF) Chuck Witkowski has been appointed the new President and CEO of Permobil, succeeding Bengt Thorsson, who will step into an advisory position at Patricia Industries. Witkowski, with his strong leadership background in North America, is poised to continue … Read the full press release

50Hertz Welcomes Christine Janssen as New CFO to Lead Financial Strategy Amid Energy Transition

(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release

bp Announces Oil Discovery at Far South Prospect as Gulf of America Becomes Key Growth Area

(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release

Bilfinger Unveils New Global Brand Identity and Slogan to Enhance Efficiency and Sustainability for the Process Industry and Drive Mid-Term Growth

(IN BRIEF) Bilfinger has unveiled a comprehensive rebranding initiative designed to reinforce its role as the top industrial services partner for the process industry. The initiative introduces the new slogan “Your Performance Is Our Business” along with a modernized corporate … Read the full press release

SYNLAB Divests Eastern European Units to Medicover, Sharpening Focus on Strategic Growth Markets

(IN BRIEF) SYNLAB has sold its operations in Eastern Europe—specifically in Croatia, Cyprus, North Macedonia, Romania, Slovenia, and Turkey—to Medicover Group, a major European healthcare provider. This move, representing about 1.5% of SYNLAB’s 2024 revenue, is part of the company’s … Read the full press release

Hexagon Names Gordon Dale to Lead Next-Generation Autonomous Innovations

(IN BRIEF) Hexagon has announced the appointment of Gordon Dale as President of its Autonomous Solutions Division. In this role, Dale will drive the division’s growth and innovation in autonomous technologies, building on Hexagon’s commitment to digital transformation. With extensive … Read the full press release

NLB Group Expands Leasing Business with Acquisition of DoberaVto.si Online Platform

(IN BRIEF) NLB Car&Go, a subsidiary of NLB Lease&Go, has successfully acquired the online vehicle sales platform doberavto.si from AMZS d.o.o., marking a significant step in expanding NLB Group’s leasing operations. This acquisition, following necessary regulatory approvals, enhances NLB’s position … Read the full press release

Valio Expands Plant-Based Protein Portfolio with Acquisition of Raisio’s Härkis® and Beanit® Brands

(IN BRIEF) Valio has acquired Raisio’s plant protein business, which includes the Härkis® and Beanit® brands, along with production assets and 16 employees. This acquisition aligns with Valio’s strategy to diversify into plant-based food and expand its role in the … Read the full press release

Nokia Appoints Justin Hotard as New CEO, Succeeding Pekka Lundmark in Strategic Leadership Shift

(IN BRIEF) Nokia has announced a leadership change with Justin Hotard set to succeed Pekka Lundmark as the new President and CEO, starting April 1, 2025. Hotard, with over 25 years of experience in technology, is expected to drive Nokia’s … Read the full press release