Tag Archives: strategic partnership

TotalEnergies strengthens partnership with KOC through new framework for joint technical studies and expertise exchange

(IN BRIEF) TotalEnergies and Kuwait Oil Company have signed a Memorandum of Understanding at the 5th Kuwait Oil & Gas Show and Conference to enhance cooperation, share technical expertise, and conduct joint studies, particularly on new exploration opportunities in Kuwait. … Read the full press release

Bekaert Agrees to Acquire Bridgestone Tire Reinforcement Businesses in China and Thailand, Strengthening Global Market Leadership

(IN BRIEF) Bekaert has agreed to acquire Bridgestone’s tire reinforcement businesses in China and Thailand, including two captive steel cord manufacturing facilities, alongside a long-term supply agreement with Bridgestone. Expected to close in the first half of 2026, the transaction … Read the full press release

Eni Optimises Upstream Portfolio With Partial Divestment of Baleine Project

(IN BRIEF) Eni has signed a binding agreement with SOCAR for the sale of a 10 percent stake in the Baleine offshore project in Côte d’Ivoire, while retaining operatorship and a 47.25 percent interest. The transaction aligns with Eni’s dual … Read the full press release

Fresenius and SAP Plan Strategic Partnership to Advance Sovereign and AI-Driven Digital Healthcare

(IN BRIEF) Fresenius and SAP have announced plans to form a strategic partnership to accelerate digital innovation in healthcare and establish a sovereign, interoperable, and AI-supported healthcare ecosystem. By combining Fresenius’ global healthcare expertise with SAP’s digital platforms and AI … Read the full press release

CVC and AIG Establish Strategic Partnership Across Credit SMAs and Private Equity Secondaries

(IN BRIEF) CVC has formed a strategic partnership with AIG to support AIG’s long-term investment strategy through customized solutions across credit and private markets. The collaboration includes the creation of large-scale credit-focused separately managed accounts, with up to $2 billion … Read the full press release

Syngenta Selects SAP to Accelerate AI-Driven Enterprise Transformation in Agriculture

(IN BRIEF) SAP and Syngenta have formed a multi-year strategic technology partnership to embed artificial intelligence across Syngenta’s global operations and accelerate innovation throughout the enterprise. The collaboration will modernize core processes using SAP Cloud ERP Private solutions, supported by … Read the full press release

Covestro confirms new Supervisory Board Chairman after completion of XRG strategic partnership

(IN BRIEF) Covestro has announced a change in leadership on its Supervisory Board following the completion of its strategic partnership with XRG. Dr. Rainer Seele was elected Chairman on 18 December 2025 and assumed the role on 20 December, succeeding … Read the full press release

CIMIC and Sojitz Establish 50:50 Partnership to Accelerate UGL Transport Expansion Across Australia and the Asia-Pacific

(IN BRIEF) CIMIC Group has entered into a strategic partnership with Japan’s Sojitz Corporation, which will acquire a 50% stake in UGL Transport, valuing the business at approximately $800 million. The agreement establishes joint ownership of one of Australia and … Read the full press release

Nokia and Tesi Invest in NestAI to Accelerate Development of AI-Driven Capabilities for Unmanned Systems and Critical Infrastructure

(IN BRIEF) Nokia and NestAI have entered into a strategic partnership to develop AI-native defense and critical infrastructure technologies, supported by a combined €100 million investment from Nokia and Tesi. NestAI, one of Europe’s fastest-growing physical AI labs, focuses on … Read the full press release

Siemens-Samsung Partnership Targets Future-Ready Infrastructure in Saudi Arabia, Thailand, and Canada

(IN BRIEF) Siemens and Samsung C&T have entered a long-term strategic partnership that aims to combine their expertise in EPC project delivery with cutting-edge digital and automation tools in global infrastructure development. The collaboration, framed as a “ONE Tech Company” … Read the full press release

Voith and Wuzhou Special Paper Launch the World’s Largest Specialty Paper Machine in China, Strengthening Long-Term Industry Collaboration

(IN BRIEF) Voith and Wuzhou Special Paper have commissioned the world’s widest specialty paper machine, the PM 21, in Hanchuan, Hubei Province, marking a milestone in their ongoing collaboration. Entirely engineered and supplied by Voith, PM 21 boasts a working … Read the full press release

Evotec Receives US$ 25 Million Milestone Payment from Bristol Myers Squibb for Progress in Neurodegenerative Disease Partnership

(IN BRIEF) Evotec SE announced it has received a US$ 25 million payment from Bristol Myers Squibb, marking progress in their joint neuroscience partnership focused on neurodegenerative diseases. The milestone payment will further advance the companies’ preclinical pipeline and research … Read the full press release

L’Oréal Acquires Creed and Secures Long-Term Beauty Licenses for Gucci, Bottega Veneta, and Balenciaga in Strategic Partnership with Kering

(IN BRIEF) Kering and L’Oréal have entered into a €4 billion strategic alliance that will reshape the luxury beauty and wellness sectors. The agreement includes L’Oréal’s acquisition of the House of Creed, long-term exclusive beauty and fragrance licenses for Gucci, … Read the full press release

SIX Extends Strategic Partnership with Barclays to Deliver Smarter Data Solutions Across Global Operations

(IN BRIEF) SIX and Barclays have entered into a seven-year global partnership to accelerate the bank’s international growth and enhance cost efficiency. The collaboration will give Barclays access to SIX’s suite of financial data products and allow the bank to … Read the full press release

Long-term partnership between AFRY and BAE Systems Hägglunds set to deliver co-developed technologies for future security needs

(IN BRIEF) AFRY and BAE Systems Hägglunds have entered a six-year strategic partnership to co-develop innovative technologies and business opportunities in the defence industry. Expanding on an earlier five-year engineering services framework, the agreement underscores both companies’ commitment to long-term … Read the full press release

ASML invests €1.3 billion in Mistral AI and launches long-term collaboration to advance semiconductor and AI innovation

(IN BRIEF) ASML Holding NV and Mistral AI have entered into a strategic long-term partnership aimed at integrating AI into ASML’s lithography systems and operations to deliver faster innovation and greater performance for customers. Alongside the collaboration, ASML will lead … Read the full press release

Encavis Appoints Kevin Devlin as Supervisory Board Chairman on 1 August

(IN BRIEF) Kevin Devlin will become Chairman of Encavis’s Supervisory Board on 1 August 2025, succeeding Dr. Johannes Teyssen, who oversaw the company’s transition after its acquisition by a KKR-led consortium and will now serve as Deputy Chairman. Devlin’s election, … Read the full press release

Liverpool and SIMATS Forge Five-Year Strategic Partnership in Health and Life Sciences

(IN BRIEF) The University of Liverpool and SIMATS have signed a five-year MoU to advance collaborative health and life-science activities. This partnership encompasses joint research projects, exchange programs for undergraduates and postgraduates, co-organized academic events, and visiting-student placements, all aimed … Read the full press release

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release

NEURA Robotics Selects GFT for Strategic AI Software Partnership

(IN BRIEF) GFT Technologies has been appointed strategic software partner to NEURA Robotics, a leader in cognitive robotics. Building on a successful proof-of-concept for a next-generation software platform, GFT will leverage its expertise in data, AI, and high-performance computing to … Read the full press release