ANTWERP, BELGIUM: VGP N.V. has entered the French market with the opening of its first office in Lyon and appointed Aurélien Coudert as Country Manager for VGP France. VGP N.V. is a pan-European provider of high-quality logistics and semi-industrial real estate. Aurélien Coudert started on 1 December within the VGP team and will be responsible…
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ID Logistics acquires Colisweb for 24 million euros
PARIS, FRANCE: ID Logistics has acquired 100% of Colisweb, French specialist in the organization of last mile delivery by appointment. The purchase price, paid entirely in cash, is based on an enterprise value of 24 million euros. A price supplement of up to a maximum of 14 million euros may be paid in 2023 and…
Proximar appoints Dharma Rajeswaran as new Chief Operating Officer
OSLO, NORWAY: Proximar strengthens its management team with the recruitment of Mr Dharma Rajeswaran as Chief Operating Officer (COO). “Rajeswaran is one of the most experienced executives within onshore farming of Atlantic salmon, representing valuable insight for successful execution”, says Joachim Nielsen, CEO of Proximar. Mr Dharma Rajeswaran has extensive operational background from the aquaculture…
Global Bioenergies completes €14.5 million fundraising
PARIS, FRANCE: Global Bioenergies announced successful completion of its capital increase for a total amount of €14.5 million, without preferential subscription rights for shareholders in favor of institutional investors for €13.5 million and of retail investors via the PrimaryBid platform for €1 million. Samuel Dubruque, Chief Financial Officer, said: “We now have €21.2 million cash in hands, which gives us visibility beyond the first semester of 2023. This transaction brings us renowned investors,…
MotorK completes acquisition of Dapda
AMSTERDAM: MotorK Plc, a leading SaaS provider for the automotive retail industry in the EMEA region, has completed the acquisition of Dapda S.L., a Spanish leader in providing digital tools to automotive retailers. Founded in 2005, Dapda provides innovative solutions and services to help a broad range of automotive retailers in Spain digitise their operations…
Beñat Ortega appointed CEO of Gecina
PARIS, FRANCE: Gecina’s Board of Directors has appointed Beñat Ortega as Gecina’s Chief Executive Officer. He will take over the position from Méka Brunel, Director and Chief Executive Officer, whose term of office is scheduled to expire, in accordance with the bylaws, at the end of the General Meeting on April 21, 2022. Gecina operates…
Omer-Decugis and Cie buys Anarex, an ethnic & exotic products business
PARIS, FRANCE: Omer-Decugis & Cie has bought 100% of the shares in French family business Anarex SAS, a wholesaler specialising in ethnic and exotic products and based in the Paris-Rungis International Market, a news release said. Omer-Decugis & Cie is an international group specialising in fresh and exotic fruits and vegetables. The acquisition takes forward…
Aker BP awards 440mn kroner FEED contract to alliance partners
OSLO, NORWAY: Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner. The contracts cover a new central platform on Valhall, as well as a new platform and tie-in of the King Lear field. The joint development will contribute to extended lifetime and increased value…
Horisont and Helen enter hydrogen economy & carbon storage cooperation
SANDNES, NORWAY: Horisont Energi AS and the Finnish energy company Helen Ltd have signed a memorandum of understanding for cooperation in the areas of hydrogen economy & carbon storage. The companies are jointly exploring the capture of carbon dioxide from power plant flue gases and the utilization, logistics and storage of the recovered carbon dioxide. “Carbon dioxide is a…
Eurofins Scientific acquires Japan based Genetic Lab
PARIS, FRANCE: Eurofins Scientific, the global scientific leader in bioanalytical testing and a leader in clinical diagnostics testing, announced a share purchase agreement with Transgenic Inc. to acquire Genetic Lab Co., Ltd. Genetic Lab Co. is a molecular biology based testing provider for diagnostics, biomarker development and drug discovery. The acquisition will further enhance Eurofins’…
TotalEnergies EP Gabon finalizes divestment of interests in non-operated assets and Cap Lopez Terminal
PARIS, FRANCE: After receiving the approval of Gabonese authorities, TotalEnergies (NYSE:TTE) announced the closing of its agreement to divest to Perenco Oil and Gas Gabon the Cap Lopez Terminal and non-operated assets of its 58%-owned affiliate TotalEnergies EP Gabon. With this transaction, in an amount of $350 million before final adjustment, TotalEnergies EP Gabon is…
Glanbia plc sells 40% stakes in in Glanbia Ireland to Glanbia Co-op for €307mn
LONDON, UK: Glanbia Co-operative Society Limited has signed binding legal agreements to acquire Glanbia Plc’s 40% interest in Glanbia Ireland DAC for a purchase price of €307 million, a bourse filing noted. Update on the Proposed Transaction On 10 November 2021, Glanbia announced that it had agreed a non-binding memorandum of understanding (“MOU”) for the…