PARIS: Jacques Bogart has submitted a firm offer to acquire a portion of the assets of fragrance boutique chain Nocibé in France, a news release said. Nocibé posts turnover of around €1 billion through a chain of around 600 sales outlets in France. At the start of the year, brand owner Groupe Douglas announced the…
Category: Euronext
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Clean Seas Seafood lists on Euronext Growth
OSLO: Clean Seas Seafood Limited has listed on the Euronext Growth market in Oslo with the ticker code “CSS”, offering investors an opportunity to invest in the global leader in full cycle breeding, farming, processing, and marketing of Yellowtail Kingfish, a highly attractive species with strong growth momentum in restaurants and retailers globally, a news…
Cegal Group announces acquisition of Envision AS
OSLO: Cegal Group AS has signed an agreement to acquire all the shares in Envision AS, a news release said. Cegal is fully owned by Chip Bidco AS, again majority owned by Norvestor SPV I Holding AS. Envision delivers consultancy services, training, data and information management and software solutions to the energy industry. This acquisition…
Total and Merck & Co sign renewable corporate power purchase agreement
PARIS: Total has signed a 45 MW renewable corporate power purchase agreement with Merck & Co over a period of 10 years. Total and MSD, known as Merck & Co. signed a major renewable corporate power purchase agreement (CPPA) over a period of 10 years, with 90 GWh a year of clean energy produced by…
Everfuel and Hydro sign cooperation on industrial scale hydrogen supply
HERNING: Everfuel A/S and Hydro’s renewable hydrogen company have signed a Memorandum of Understanding (MoU) to establish a framework for coordinated development, operation, and optimization of hydrogen electrolysers based on renewable energy in Europe. The two companies intend to develop projects adjacent to Hydro-owned aluminum plants with dedicated special purpose companies (SPV) facilitating the construction…
Neways Electronics rejects acquisition proposal by VDL Groep
AMSTERDAM: Neways Electronics International has rejected indicative proposal by VDL Groep B.V. to acquire all outstanding shares in Neways’ share capital, as the proposal did not sufficiently reflect the value creation of Neways. VDL Groep proposes to acquire all shares in Neways Electronics International Neways had entered into talks with VDL in order to better…
STMicroelectronics acquires France based AI company, Cartesiam
GENEVA: STMicroelectronics announced a transaction with Cartesiam to acquire its assets (including its IP portfolio) and to transfer and integrate its employees. Closing is subject to regulatory approvals, a news release said. Cartesiam, based in Toulon (France), is a software company founded in 2016, which specializes in artificial intelligence (AI) development tools enabling machine-learning and…
IMCD N.V. acquires Andes Chemical Corp
ROTTERDAM: IMCD N.V. announced the acquisition of Andes Chemical Corp., a news release said. This acquisition marks IMCD’s debut in Central America and Peru, expanding its presence in Latin America and throughout the Caribbean. “Andes Chemical further strengthens IMCD’s presence in the Americas region and opens exciting opportunities for development in countries new to our…
Circa signs agreement for development of ReSolute plant site
OSLO: Circa Group AS has signed a Heads of Agreement with Gazel Energie Generation, the owner of the Emile Huchet Site, adjacent to the Carling Saint-Avold platform and Total Chemesis Composite Park, in north-eastern France. The agreement covers the land, buildings, energy, steam and utilities that enables the parties to complete final costing, environmental assessment…
Air France takes first long haul flight on sustainable aviation fuel produced in France
PARIS: Today, Air France Flight 342 took off from Paris-Charles de Gaulle airport’s Terminal 2E for Montreal with its tanks filled for the first time with sustainable aviation fuel produced in Total’s French plants. Air France-KLM, Total, Groupe ADP and Airbus joined forces to carry out the first long-haul flight powered by Sustainable Aviation Fuel…
Green Hydrogen Coalition launches HyDeal North America
OSLO: HyDeal North America is a new commercialization platform founded by the Green Hydrogen Coalition to launch green hydrogen ecosystems around North America. Each regional initiative will be built around a consortium of diverse stakeholders, including multi-sectoral offtakers, with the goal of launching scaled supply chains that deliver low-cost green hydrogen. HydrogenPro (OSE: HYPRO) is…
LINK Mobility to acquire CPaaS provider Soprano Design for NOK 3.59 billion
OSLO: LINK Mobility has today agreed an exclusive term sheet to acquire Soprano Design, a global CPaaS provider, which will give LINK a truly global footprint in high growth markets with low penetration rates like Asia-Pacific, the U.S. and Latin America. Soprano is currently 75% privately owned by its founder, Dr Richard Favero, a seasoned…