BRUSSELS, BELGIUM: Umicore and Volkswagen AG plan to establish a joint venture to build up precursor and cathode material (EV battery materials) production capacities in Europe, a news release noted. The joint venture will supply Volkswagen AG’s European battery cell production, making a considerable contribution to the region’s transition towards cleaner mobility. This partnership will…
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Brunel International buys 72% shares in Taylor Hopkinson for EUR 32mn
AMSTERDAM: Brunel International N.V. has purchased 72% shareholding in Taylor Hopkinson, a specialist recruitment partner for the renewable energy sector. Brunel International is a global provider of flexible workforce solutions and expertise. The acquisition supports Brunel’s strategic direction to be the leader in specific segments of the international professional labour market. Taylor Hopkinson expects to…
AF Gruppen acquiring concrete contractor Stenseth & RS for NOK176mn
OSLO, NORWAY: AF Gruppen Norge AS has signed a letter of intent to acquire 80 per cent of Stenseth & RS Holding AS. Stenseth & RS consists of Stenseth & RS Entreprenør AS which was founded in 2002, as well as Stenseth & RS Anlegg and Stenseth & RS Ressurs which were established in 2017….
Valneva SE to supply one million Covid vaccine VLA2001 to Bahrain
SAINT-HERBLAIN, FRANCE: Valneva SE (Nasdaq: VALN) signed an advance purchase agreement with the Kingdom of Bahrain for the supply of one million doses of the company’s inactivated COVID-19 vaccine candidate VLA2001. This is the second purchase agreement Valneva has secured for VLA2001 since reporting positive data for its Phase 3 clinical trial Cov-Compare. VLA2001 is…
TotalEnergies to install and operate 800 new EV charge points Belgium
PARIS, FRANCE: TotalEnergies has won a call for tenders from the municipality of Ghent, Belgium’s third largest city, for the installation and operation of electric vehicles public charging stations, with 800 new public charge points by 2025. With this agreement, the city of Ghent will enhance its public network for EV. These new charging stations,…
Yngve Slyngstad appointed CEO of Aker Asset Management
OSLO, NORWAY: Aker ASA has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management (AAM), a news release said. Yngve Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company’s industrial holdings. “Aker and Aker Horizons have worked…
Worldline acquires 80% stakes in Eurobank Merchant Acquiring
BEZONS, FRANCE: Worldline has signed a binding agreement for the acquisition of 80% of Eurobank Merchant Acquiring activities, one of the main acquirers in Greece with a c. 20% market share. Worldline is the European leader in the payments and transactional services industry. Gilles Grapinet, CEO of Worldline, said: “I am very proud to announce…
IMCD China acquires Syntec
ROTTERDAM, THE NETHERLANDS: IMCD China has signed an agreement to acquire 100% of the shares of Shanghai Syntec Additive Limited and Shanghai Weike Additive Limited (jointly Syntec). “The personal care market is an integral part of IMCD China’s growth strategy,” remarked Andreas Igerl, Managing Director of IMCD China. “With this acquisition, we now can accelerate…
Assystem selling life sciences & general industry technical assistance business
PARIS, FRANCE: Assystem S.A. has signed an agreement to sell its life sciences and general industry technical assistance businesses to Expleo Group. The enterprise value agreed between the parties is €28 million and the deal is scheduled to close on January 1, 2022. The agreement covers Assystem Care France, Assystem Belgium and Assystem Care Switzerland…
CSC and Intertrust N.V agree on EUR 1.8 billion merger
AMSTERDAM: Corporation Service Company (CSC) and Intertrust N.V. reached a conditional merger agreement on a recommended public offer for all issued and outstanding ordinary shares of Intertrust for EUR 20/share, representing a total consideration of approximately EUR 1.8 billion. The combination of CSC and Intertrust creates a differentiated leader for corporate, fund, private, and capital…
Technip Energies to construct petrochemical complex in UAE
PARIS, FRANCE: Technip Energies (EPA:TE) in consortium with TARGET Engineering by Abu Dhabi Polymers co. Ltd. (Borouge) will construct a new Ethane Cracker Unit, to be integrated in the Borouge 4 petrochemical complex in Ruwais, UAE. Borouge is a joint-venture between ADNOC and Borealis. The EPC contract was signed by H.E Dr. Sultan Al Jaber,…
Adthink and Atayen to jointly monetize social networks with the blockchain
PARIS, FRANCE: Adthink (ENXTPA:ALADM), the French specialist in smart digital advertising, and American publisher of marketing applications, Atayen have joined forces to monetize social networks through blockchain. On this occasion, Adthink acquired the first Agency Early Adopter NFT, limited to five copies, making it possible to use the SaTT functions exclusively reserved for advertising agencies. Adthink…