PARIS, FRANCE: TotalEnergies and Safran have signed a strategic partnership agreement to jointly develop technical and commercial solutions for the decarbonization of the aviation industry. In line with the ambition of both companies to reach net zero CO2 emissions by 2050, this major partnership aims to accelerate the reduction of the CO2 emissions of the…
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DLTx invests in Blockchain Moon Acquisition Corp.
OSLO, NORWAY: DLT ASA (DLTx) has completed an investment in Blockchain Moon Acquisition Corp, a company incorporated under the laws of Delaware. As communicated in the Q2 report, DLTx was one of the early investors in a SPAC focusing on distributed ledger technologies. The Company invested USD 653,350 in Blockchain Moon Acquisition Corp. through Jupiter…
Better Collective buys Soccernews.nl & Voetbalwedden.net for EUR 5.9mn
AMSTERDAM: Better Collective has acquired Soccernews.nl, one of the most visited Dutch online sports media, and Voetbalwedden.net, a well-established Dutch online sports betting community, in separate transactions for total upfront payments of EUR 5.9 million, with maximum deferred and earnout payments of EUR 3.75 million. The two acquisitions form a strategic move that will establish…
Automotive Cells Company to increase capacity to 120GWh by 2030
PARIS, FRANCE: The Automotive Cells Company (ACC) has committed to increase its industrial capacity to at least 120 GWh by 2030, as Mercedes-Benz has joined Stellantis and TotalEnergies as a new partner in ACC. The transaction is subject to agreement on definitive documentation and customary closing conditions, including regulatory approvals. Automotive Cells Company (ACC) results…
Paragon ID acquires business and assets of Electronic Data Magnetics
PARIS, FRANCE: Paragon ID, leading provider of identification solutions, has acquired the business and assets of Electronic Data Magnetics Inc., (EDM) in US, a bourse filing said. Founded in 1983 by the Hallman family, EDM grew to become America’s biggest manufacturer of tickets for the Mass Transit market. Electronic Data Magnetics (EDM) manufactures and markets…
BEWI moves to acquire insulation solutions firm in Benelux
OSLO, NORWAY: BEWI ASA, a leading provider of packaging, components, and insulation solutions, has reached to final negotiations for the acquisition of an insulation company in the Benelux region. As communicated in the company’s report for the second quarter and first half of 2021, growth initiatives remain a high priority in BEWI, and the company…
Nordic Unmanned gets clearance for the acquisition of AirRobot
OSLO, NORWAY: Nordic Unmanned has received all relevant clearances from the German Federal Ministry of Economy and Energy to move forward with the acquisition of AirRobot, a news release said. The acquisition can now be completed and the closing is expected to happen shortly. Consolidation into Nordic Unmanned will happen from the date of closing….
Inventia sells $30mn worth of American Depositary Shares
PARIS, FRANCE: Inventiva, a clinical-stage biopharmaceutical company, has completed sales of 2.083 million American Depositary Shares (ADS) pursuant to the company’s ATM program established on August 2, 2021, through Jefferies LLC. Each American Depositary Shares (ADS) represents one ordinary share of the company. In the ATM sales, an aggregate of 2,083,334 new American Depositary Shares…
Coca-Cola to experiment VUSION Ads technology in Japan
PARIS, FRANCE: Coca-Cola will be using the VUSION Ads technology to deliver digital advertising and media content at the shelf in retail stores in Japan, SES-imagotag announced.This solution is based on cloud operated full HD shelf-displays (V:rail) allowing CPG brands to synchronize marketing campaigns across channels and display engaging content in stores. This in-store advertising…
Technip and NPCC to advance energy transition in UAE, MENA
PARIS, FRANCE: Technip Energies and National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, have signed a Memorandum of Understanding (MoU) to advance energy transition in United Arab Emirates (UAE) and other countries in the MENA region. The MoU was signed at the GASTECH conference on Sept. 21, by NPCC CEO Eng…
iliad Group to acquire cable operator UPC Poland for €1.53 billion
PARIS, FRANCE: iliad Group and Liberty Global have entered into an agreement for Play – a subsidiary of iliad Group – to acquire 100% of the share capital of UPC Poland for an enterprise value of PLN7.0 billion (€1.53 billion). Transaction rationale The acquisition of UPC Poland represents Iliad’s next step in the Polish telecoms…
Arcadis to achieve Net Zero by 2035
AMSTERDAM: Arcadis announced the commitment to achieve net zero greenhouse gas emissions (Net Zero) in 2035 within its global operations. The step is part of the ambition the company set out last year in its three-year strategy to build on Arcadis’ pioneering heritage and maximize its impact by reinforcing sustainability at the heart of client…