BERGEN, NORWAY: BerGenBio ASA, a clinical-stage biopharmaceutical company, announced today the appointment of Anders Tullgren to succeed Sveinung Hole as Chairman of the Board of Directors, effective Thursday. Sveinung Hole has been Chairman of the Board since March 2019 and will continue to serve as a Board Member. Anders Tullgren has over 35 years of…
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Danone strengthens its leadership team
PARIS, FRANCE: Danone completed its leadership team with three appointments at Executive Committee level: a Chief Operations Officer; a Chief Research, Innovation, Quality and Food Safety Officer; and a Chief Sustainability and Strategic Business Development Officer. Three globally recognized professionals – two from outside Danone and one internal – complete the leadership team and represent…
ALD Automotive agrees to acquire LeasePlan for EUR 4.9bn
PARIS, FRANCE: ALD Automotive has signed a memorandum of understanding to acquire 100% of LeasePlan from a consortium led by TDR capital for a total consideration of EUR 4.9 billion to be made through a combination of cash and shares. LeasePlan is one of the leading fleet management and mobility companies in the world by…
Karen Linehan joins VEON Board as non-executive director
AMSTERDAM: VEON Ltd., a leading global provider of connectivity and internet services, today announced that Karen Linehan, former General Counsel of Sanofi, has joined the VEON Board as a non-executive director. Karen Linehan spent more than 30 years at Sanofi, a leading international healthcare company, in different legal roles, including more than a decade as…
Dolphin Design expanding into Asia
SINGAPORE: Dolphin Design, a company specialized in advanced chip design, will open its new dedicated Edge Computing and AI branch in Singapore. Dolphin Design’s vision is to enable the largest possible AIoT/EDGE IoT semiconductor community to deliver products with ultimate energy efficiency and performance given its mantra “Consume less energy while increasing performance”. Soitec holds…
Arxada completes merger with Troy
BASEL, SWITZERLAND: Arxada, a leading global specialty chemicals business, announced the completion of the merger with Troy Corporation, a global leader in microbial control solutions and performance additives. The combination, announced on 3 November 2021, creates a comprehensive and innovative offering in Arxada’s Microbial Control Solutions (‘MCS’) business, enabling the delivery of new solutions and value-added services…
Entra announces sale of major part of Stavanger portfolio
OSLO, NORWAY: Entra ASA has entered into an agreement to divest a major part of its Stavanger portfolio to SVG Property AS. The transaction involves Entra’s 50 % share in Hinna Park Eiendom AS (HPE), a property company holding four properties with associated development potential located at Hinna Park outside Stavanger and the property Nytorget…
PCI Biotech and MDimune form research collaboration
OSLO, NORWAY: PCI Biotech, a Norwegian cancer focused biopharmaceutical company and MDimune Inc., a private South Korean biotech company developing innovative drug delivery technologies for modifying cellular and disease processes in many areas of human disease, announced a preclinical research collaboration that would offer several opportunities for future development. Commenting on the announcement, Per Walday,…
Eiffage consortium wins two offshore wind contracts in the UK
PARIS, FRANCE: Eiffage, through Smulders (the Belgian subsidiary of Eiffage Métal), as part of a consortium, has been awarded two new contracts to manufacture the foundations and electrical substations for two wind farms off the British coast. Alongside the Dutch company Sif, Smulders won the contract to manufacture and supply 87 foundations, each comprising a…
Worldline SA has acquired Axepta Italy
PARIS, FRANCE: Worldline SA, a leader in the payments industry, has acquired Axepta Italy, as part of its European consolidation strategy. The acquisition of 80% of Axepta Italy, a significant bank acquirer in the country, and the set-up of a strategic partnership with BNL in Merchant Services in Italy are part of Worldline’s strategy to…
Ordissimo has acquired American company, Pix Star
PARIS, FRANCE: Ordissimo has acquired American company Pix Star Inc. and of all the connected digital photo frame technology it markets. Ordissimo thus reinforces its position as a leader by entering a market segment experiencing strong growth in the United States and in Europe. This acquisition will be accretive to Ordissimo’s income from 2022. However,…
Bakkafrost buys canned fish producer, Munekbo
OSLO, NORWAY: Bakkafrost has acquired 90% of the shares in Munkebo Seafood A/S, engaged in production of canned fish at the factory in the city of Munkebo in Denmark, a news release noted on Monday. The deal was jointly made with Michael Karlsen, who has been the General Manager of Munkebo Seafood for the past many years. The…