MUNICH: Mutares SE & Co. has signed an agreement to acquire Allianceplus AB from Allianceplus Holding A/S, ultimately owned by Polaris Private Equity. The company will strengthen the Goods & Services segment as a new platform investment with multiple add-on opportunities in the Nordics and Mainland Europe. The transaction is expected to close in Q4…
Category: Euronext
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Edda Wind plans NOK 875 million IPO on Oslo Stock Exchange
HAUGESUND, NORWAY: Edda Wind ASA announced intention to launch an offering of shares in the Company (IPO) and to apply for a listing on the Oslo Stock Exchange. The IPO will comprise an offering of new shares in the Company, expected to raise gross proceeds of NOK 875 million. The IPO will support the Company’s…
ABEO acquires Belgium-based Eurogym
PARIS, FRANCE: ABEO, a leading global supplier of sports and leisure equipment, has acquired entire share capital of Belgian company Eurogym, which specialises in the distribution of leisure and competition gymnastics equipment. Created 29 years ago, Eurogym was acquired from its founder, Lieven Vercruyssen, who will support ABEO for the time necessary to ensure the…
CEO Emergy AS, Emma Collins resigns
OSLO, NORWAY: Emergy AS announced the resignation of Chief Executive Officer Emma Collins who has decided to embark in a different direction and pursue other opportunities. The effective date of departure will be Monday 15th of November, 2021. Emma Collins has more than 30 years of experience in the renewable energy industry. On behalf of…
Bouygues SA and Equans Group agree to €7.1 billion merger
PARIS, FRANCE: Bouygues SA and Engie have signed a purchase agreement according to which Bouygues has agreed to acquire all of the Equans group. Based on an enterprise value of €6.7 billion, and given the synergies and strong growth expected in the years ahead, the multiple of enterprise value to 2026 current operating profit is…
Virbac buys remaining 34% stake in Centrovet group for $43.7mn
PARIS, FRANCE: Virbac, an animal health pharmaceutical company, has bought 34% of the shares of the Centrovet group, thus increasing its stake to 100%. The consideration paid for the acquisition of this stake is US $43.7 million, paid in full and in cash upon closing, to which will be added, if applicable, an additional consideration…
Aker, Ocean Winds & Statkraft unite to develop floating offshore in North Sea
OSLO, NORWAY: Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. The equal partnership will submit an application to the Norwegian authorities for the development of a commercial scale floating offshore wind…
MDxHealth prices IPO at $12 per American Depositary Share
HERSTAL, BELGIUM: MDxHealth SA, a commercial-stage precision diagnostics company, announced the pricing of its initial public offering (IPO) in the United States of 3.75 million American Depositary Shares (each representing 10 ordinary shares) (“ADSs”) at a price to the public of USD 12.00 per ADS for total gross proceeds of USD 45.0 million. In connection…
Veidekke to build the world’s best rainy-day school in Gothenburg City
OSLO, NORWAY: Veidekke ASA has been commissioned to build Torslandaskolan F-6 for the Gothenburg City authority. The design and build contract has a value of approx. SEK 217 million. The new school is scheduled for completion in spring 2024. The City of Gothenburg is currently celebrating its 400th anniversary, and the construction of Torslandaskolan F-6…
Eramet signs agreement to sell Sandouville hydrometallurgical plant
PARIS, FRANCE: Eramet has exercised its put option for the sale of Sandouville hydrometallurgical plant, and signed the Share Purchase Agreement with Sibanye-Stillwater. As announced in the press release dated 30 July 2021, Eramet signed an exclusive put option agreement with Sibanye-Stillwater for the sale of 100% of the shares of its subsidiary, Eramet Sandouville,…
Zlatko Vucetic appointed CEO of Infront AS
OSLO, NORWAY: Infront AS announced that Zlatko Vucetic has been appointed to the position of CEO of Infront replacing Kristian Nesbak, who remains as a Director and a shareholder of Infront AS. Zlatko Vucetic joined Infront as Deputy CEO in June 2021 and has since worked closely with Kristian Nesbak and the management team to…
Vopak evaluates options for terminals in Australia
ROTTERDAM, NETHERLANDS: Royal Vopak is investigating the strategic options for its terminals in Australia, which may include continued operations or divestment. As the outcome of this process is currently unknown, no further details are disclosed. Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and…