SINGAPORE: Hafnia Limited has entered into a share purchase agreement to acquire all outstanding shares in Chemical Tankers Inc (CTI), thereby taking over control of CTI’s fleet of 32 modern and fuel-efficient IMO II product/chemical tankers. The CTI fleet consists exclusively of high specification ECO design vessels, constructed at leading shipyards. In exchange for all…
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CGG, TGS and BGP commence acquisition of Suriname 3D Phase 1
PARIS, FRANCE: Further to the announcement on October 20, 2021 of a signed agreement with Staatsolie for multi-client programs offshore Suriname, CGG, a global geoscience technology leader, in a consortium with TGS and BGP, today announced that acquisition for Phase 1 of the Suriname 3D project has commenced. This 3D survey is adjacent to the prolific Block…
ABL Group to acquire ship design experts OSD-IMT
OSLO, NORWAY: AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group. The acquisition is projected to be completed by the end of November 2021. OSD-IMT is a specialist consultancy in ship design for newbuild, refit and conversion…
TotalEnergies and Daimler Truck partner forhydrogen ecosystem in Europe
PARIS, FRANCE: TotalEnergies and Daimler Truck AG have signed an agreement on their joint commitment to the decarbonization of the road freight in the European Union. The partners will collaborate in the development of ecosystems for heavy-duty trucks running on hydrogen, with the intent to demonstrate the attractiveness and effectiveness of trucking powered by clean…
ID Logistics acquires GVT Transport & Logistics for €80 million
PARIS, FRANCE: ID Logistics, one of the European leaders in contract logistics, announced the acquisition of 100% of GVT Transport & Logistics. The transaction is based on a purchase price with an enterprise value of €80 million and will be fully paid in cash. ID Logistics will keep a sound financial structure with a leverage…
Otovo to acquire EDEA in an all share exchange deal
OSLO, NORWAY: Otovo AS has resolved to launch an offer to acquire all the shares in European Distributed Energy Assets Holding AS (EDEA). The offer will be a share-for-share exchange offer, where eligible shareholders in EDEA will be offered 1.7 shares in Otovo for each tendered share in EDEA. In the Offer, Otovo is valued…
MPC Energy enters Mexican market with acquisition of Los Santos Solar I
AMSTERDAM: MPC Energy Solutions (MPCES) has entered the Mexican renewable energies market with the acquisition of Los Santos Solar I. The solar photovoltaic (PV) project, located in Ahumada, Chihuahua, in the North of Mexico, is fully operational since 2017 and has an installed capacity of 15.8 MWp. The project is included in MPCES’s communicated advanced…
Believe names Denis Gorshkov as MD for Russia and CIS
PARIS, FRANCE: Believe, one of the leading digital music companies, has appointed highly experienced digital executive Denis Gorshkov as Managing Director for Russia and the Commonwealth of Independent States (CIS). It is also bolstering its local management teams in Russia and Eastern Europe as it lays the groundwork for the next phase of its growth…
Carrefour aims to triple its e-commerce GMV to €10bn by 2026
PARIS, FRANCE: Carrefour aims to triple its e-commerce GMV (Gross Merchandise Value) by 2026, to reach €10 billion, a news release said on Tuesday. Carrefour also expects that digital will contribute an additional €600 million to recurring operating income (ROI) in 2026 vs 2021. To this end, Carrefour will increase by around 50% its investments in digital, with a €3bn dedicated plan between 2022 and 2026. As…
Tomra Systems sells 49% stake in UltrePET for $11mn
OSLO, NORWAY: Tomra Systems has entered into an agreement for the sale of its 49 % stake in UltrePET LLC to Evergreen Recycling LLC. The sales price of $11 million is expected to generate a gain of $5 million and will be reported as “profit from associates” in 4th quarter of 2021. UltrePET is a…
Reuben Segal appointed new CEO of AqualisBraemar LOC ASA
OSLO, NORWAY: David Wells, CEO of AqualisBraemar LOC ASA, has announced that he wishes to retire at year-end and step down as CEO of the group. The board of directors has appointed Wells’ co-founder and current COO of AqualisBraemar LOC, Reuben Segal, as new CEO. The CEO change takes effect from 1 January 2022. Further,…
NHOA Group announces €140 million rights issue to support growth
PARIS, FRANCE: NHOA Group (formerly Engie EPS) announced the launch and the terms of its capital increase with shareholders’ preferential subscription rights for a gross amount of up to €140 million. Carlalberto Guglielminotti, CEO of NHOA Group commented: “This capital increase is a natural step to support NHOA’s strong growth in all three of our…