PARIS: Wendel (Euronext: MF.FP), through its Wendel Growth investment arm, announced today the acquisition of a minority stake in YesWeHack through an equity investment of €14.5 million. Wendel invests alongside Adelie, Seventure Partners and historical investors Eiffel Investment Group, Open CNP2 and Caisse des Dépôts et Consignations. YesWeHack is a cybersecurity company that was founded…
Category: Euronext
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Viridien partners with Ranch Computing to innovate digital media landscape
PARIS: Viridien, formerly CGG, an advanced technology and digital company, has announced a pivotal high-performance computing (HPC) agreement with Ranch Computing, a French rendering farm based in Paris, to unlock innovation in the digital media industry. Viridien will provide fully customized HPC cloud infrastructure and expertise to Ranch Computing, tailored to the demanding compute requirements…
Legrand has acquired Davenham and VASS in datacenters market
PARIS: Legrand (Paris:LR) continues to pursue its growth strategy with two new acquisitions in the rapidly-growing datacenters market, a segment that represented 15% of the Group’s revenue in 2023. Davenham is an Irish specialist in low-voltage power distribution systems (protection, switching, metering and energy distribution) for datacenters, including hyperscalers. Its business also includes product commissioning…
IMCD Italy agrees to acquire Selechimica S.R.L.
AMSTERDAM: IMCD N.V., a leading distributor of speciality chemicals and ingredients, announced that IMCD Italy has signed an agreement to acquire 100% of the shares in Selechimica S.R.L., an Italian distributor in the pharmaceutical industry. Headquartered in Milan, Italy, Selechimica distributes an extensive portfolio of Active Pharmaceutical Ingredients (APIs). With 3 employees, Selechimica represents leading…
Vallourec joins the Dii Desert Energy Initiative to support energy transition in the Middle East and Africa
MEUDON, FRANCE: Vallourec, a world leader in premium tubular solutions, announces its effective membership in Dii Desert Energy, a global organization dedicated to energy in the desert regions of the Middle East and North Africa (MENA). Consequently, the Group also joins the MENA Hydrogen Alliance, a collaborative network committed to the development of green hydrogen…
LDC to acquire Nowy Sacz plant and Konspol brand in Poland
PARIS, FRANCE: Lambert Dodard Chancereul (LDC) announced entry into a conditional asset purchase agreement with KONSPOL Holding SP z.o.o., affiliate of the CARGILL’s group for the acquisition in Poland of their Nowy Sacz plant and Konspol brand. This factory achieved a consolidated turnover in 2023 of €35 million. In line with LDC’s international expansion strategy,…
Koninklijke KPN and Dutch pension fund ABP to create a mobile tower company
AMSTERDAM: Koninklijke KPN and Dutch pension fund ABP have signed an agreement to create a new tower company (TowerCo). This strategic partnership is in line with KPN’s ‘Connect, Activate & Grow’ strategy to optimize the value of its passive infrastructure assets and retain strategic flexibility. It demonstrates KPN’s intent to optimize shareholder value and continue…
XXL and UK retail industry leader Frasers Group to establish partnership
OSLO: XXL ASA and Frasers Group plc are close to agreeing a mutually beneficial strategic partnership with the aim of strengthening XXL’s position in the Nordics. Frasers Group, which owns a large portfolio of retail brands including Sports Direct and more than 30 % of XXL’s Class A shares, believes XXL to be uniquely positioned to…
Mutares SE to acquire Cikautxo Rubber & Plastic Components
MUNICH: Mutares SE & Co. has signed an agreement to acquire Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP. The company will join the SFC Group, part of Amaneos, as a new add-on investment, strengthening the group’s presence in the market as global partner for plastic-based systems for the automotive industry and…
Norconsult has acquired Swedish infrastructure consulting company WIKON
SANDVIKA: Norconsult Sverige AB, a subsidiary of Norconsult ASA, has acquired the Swedish infrastructure consulting company Wermlands Infrakonsult AB (WIKON). WIKON specialises in water and sewage, land, traffic, roads and streets with both public and private customers. The company was established in 2011 and offers services in investigation, design, project and construction management as well…
TotalEnergies to deliver a total of 1.3 million tons LNG to India and South Korea
PARIS: In line with its strategy to grow its liquefied natural gas (LNG) business, TotalEnergies (NYSE:TTE) announced the signing of two new LNG medium- and long-term contracts in Asia: These agreements allow TotalEnergies to secure medium-term outlets for its global LNG supply portfolio. They also strengthen the Company’s footprint in Asian markets, where it is…
Euronext has acquired 75% of Global Rate Set Systems (GRSS)
Euronext, the leading pan-European market infrastructure, today announced that it has completed the acquisition of 75% of the share capital of Global Rate Set Systems (GRSS), a leading provider of services to benchmark administrators. In 2023 (YE March), GRSS generated NZ$14.9m (€8.6m) in revenue. Euronext’s acquisition of GRSS expands and enhances its index franchise, positioning…