TotalEnergies (Paris:TTE) announced the acquisition of Tecoil, a Finnish company specialized in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market
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Scatec ASA signs terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia
OSLO: Scatec ASA, a leading renewable energy solutions provider, and its partners, ECHEM and MOPCO, have agreed on Heads of Terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia, the world’s largest trader- and distributor of ammonia. Last year, Scatec, the Egyptian Petrochemicals Holding Company (ECHEM) and Misr Fertilizers Production Company (MOPCO) entered…
Mutares SE to acquire Serneke Sverige AB
MUNICH: Mutares SE & Co. has signed an agreement to acquire Serneke Sverige AB from Serneke Group AB (publ). The company will strengthen the Engineering & Technology segment as a new Swedish platform investment. Closing of the transaction is subject to merger approval, FDI approval as well as FSR approval. Serneke Sverige is a leading…
ACOMO N.V. agrees to acquire Caldic Food Service and Retail
ROTTERDAM: ACOMO N.V., the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reached agreement with Caldic on the acquisition of the Caldic Food Service and Retail nuts and dried fruit business in Northern Europe. The intended acquisition by Acomo will further strengthen the group’s Spices & Nuts segment and establish a stepping stone in the European…
TotalEnergies acquires an offshore exploration license
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is…
Otovo launches partnership with German automobile club ADAC
BERLIN: Otovo, Europe’s leading marketplace for residential solar and battery installations, today announced the launch of a marketing partnership with Germany’s largest automobile club, ADAC. ADAC’s 20 million members outnumber any other automobile association in Europe. In addition to offering roadside assistance, maintenance and repair services, German homeowners can buy solar energy solutions through ADAC’s…
A new company backed by Belfius Bank to acquire TINC shares held by Belfius Insurance
ANTWERP: Gimv and Belfius announce today that they have reached an agreement on the sale of the TINC shares held by Belfius Insurance. A newly created company (NewCo), to which Gimv will contribute in kind its TINC shares, will acquire these shares with financing from Belfius Bank. The acquisition by the NewCo, with Gimv as…
Brookfield Asset Management to acquire 53.12% shares of Neoen at 39.85 euros per share
PARIS: On June 24, 2024, following completion of Neoen’s works council information and consultation process, a share purchase agreement has been signed between Brookfield Asset Management and Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusia, Xavier Barbaro and other shareholders, to acquire approximately 53.12% of the outstanding shares of Neoen at a price…
Arribatec Group enters partnership with Orbus Software
Arribatec Group ASA (OSE: ARR) today announced a partnership agreement with Orbus Software, a leading global provider of enterprise transformation software.
ArcticZymes Technologies nominates Dr. Frank Mathias as new Chairman of the Board
TROMSØ, NORWAY: ArcticZymes Technologies (OSE:AZT) announced the nomination of Dr. Frank Mathias as the new Chairman of the Board. Dr. Mathias is the CEO at Oxford Biomedica, a leading pure-play CDMO within the cell and gene therapy industry. Dr. Mathias was previously the CEO of Rentschler Biopharma SE, which he successfully developed into a leading…
Aegon Ltd plans creating a leader in the UK savings and retirement market
The Hague: Aegon Ltd announced its plans to accelerate the transformation of Aegon UK into a leading digital savings and retirement platform. The plans will be outlined at a webinar hosted from London by Lard Friese, CEO of Aegon, and Mike Holliday-Williams, CEO of Aegon UK, together with other senior leaders of Aegon UK. Aegon…
HydrogenPro investing in capacity to increase production of Gen3 electrodes
PORSGRUNN: HydrogenPro ASA (OSE: HYPRO) will invest in a new production line for its Gen3 electrodes. Total annual capacity will be a minimum of 90-100 MW and the production is expected to start Q1 2025. HydrogenPro ASA has over a long period of time developed a unique Gen3 electrode technology that enables electrolyzers to produce…