CERGY, FRANCE: SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has entered into exclusive negotiations with BELFOR for the acquisition of their passive fire protection unit, BELFOR Prévention France (BPF), in the nuclear sector in France. BELFOR is the world’s leading provider of disaster recovery services. With this…
Author: Chenos Kahn
Verallia agrees to acquire Allied Gas for £315 million
PARIS, FRANCE: Verallia has signed a binding agreement with an affiliate of Sun European Partners LLP for the acquisition of Allied Glass, a market leader in the UK premium glass packaging segment. Verallia will acquire 100% of the capital of Allied Glass for approximately £315 million (enterprise value) and will be financed by Verallia’s existing…
Arkema announces divestment of phosphorus derivatives business, Febex
PARIS, FRANCE: Arkema S.A., specialty chemicals and advanced materials company, announced the proposed divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon. Febex is a global player in phosphorus derivatives (high purity phosphoric acid, sodium hypophosphite and derivatives), used primarily in electronics and in the pharmaceuticals industry. Part of the Performance…
ECR Minerals signs deal to acquire Placer Gold Pty Limited
SYDNEY, AUSTRALIA: ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, has entered into a Binding Term Sheet pursuant to which it has been granted a conditional option to acquire the entire issued share capital of Placer Gold Pty Limited. Placer Gold is the beneficial holder of three granted…
Eiffage acquires another 13.71% shares in Getlink for 1.19bn euros
PARIS, FRANCE: Eiffage has entered into an agreement to acquire a block of 13.71% of the share capital of Getlink SE representing 75.38 million shares. Seller is TCI Fund Management Limited. This significant investment of 1.194 billion euros (15.84 euros per share) was financed by Eiffage from its available cash and is not subject to…
ABL Group has acquired operations of HOSE International
OSLO, NORWAY: Energy and marine consultancy ABL Group (ABL) has acquired the operations of well control equipment specialists HOSE International. The two companies have cooperated since 2019 to jointly provide rig and well control inspection services for the offshore industry. Going forward, HOSE International’s UK business will become part of ABL’s global operations. The two…
Atos signs contract to deploy and manage intelligent network for Siemens Healthineers
PARIS, FRANCE: Atos announced the win of a seven-year contract with Siemens Healthineers to provide, deploy and manage Software Defined Access (SDA)-enabled global LAN (local area network) services in close to 60 customer locations in 15 countries. This contract showcases Atos’ ability and commitment, as global network infrastructure partner, to support Siemens Healthineers on its…
TotalEnergies partners Casa dos Ventos to build 12GW renewable portfolio in Brazil
PARIS, FRANCE: TotalEnergies (TTE) and Casa dos Ventos (CDV), Brazil’s leading renewable energy developer, announced today the creation of a 34% (TTE)/66%(CDV) joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos Ventos. This portfolio includes 700 MW of onshore wind capacity in operation, 1 GW of onshore wind under construction,…
Magseis Fairfield and Fugro partner to tap renewables and CCS markets
OSLO, NORWAY: Magseis Fairfield has signed a global co-operation agreement with Fugro, a leading Geo-data specialist, to work together on project opportunities including wide area 3D ultra high resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. Under the agreement, both companies will jointly pursue projects that benefit from…
Cash Converters to acquire New Zealand Master Franchisor for $15.5 million
SYDNEY, AUSTRALIA: Cash Converters International has entered into an agreement to acquire the Cash Converters New Zealand Master Franchisor. The Company currently holds a 25% equity interest in all aspects of the New Zealand enterprise and will acquire the remaining 75% interest for a purchase price up to $15.5 million. The purchase price will be…
AXA Spain enters negotiations to acquire GACM España for Euro 310mn
PARIS, FRANCE: AXA Group announced that AXA Spain has entered into exclusive negotiations with Groupe des Assurances du Crédit Mutuel (GACM SA) for the potential acquisition of its subsidiary Groupe Assurances du Crédit Mutuel España (GACM España), a predominantly P&C and Health insurer in Spain. Under the terms of the transaction, AXA will acquire GACM…
ECIT AS signs agreement to acquire, 50.1% of Intunor Services AS
OSLO, NORWAY: ECIT AS announced that ECIT has entered into an agreement to acquire 50.1% of the shares in the Norwegian finance & accounting company Intunor Services AS including an option agreement to acquire the remaining 49.9% of the shares. The transaction is subject to regulatory approval and completion of the transaction and a closing…