PARIS, FRANCE: Chargeurs PCC Fashion Technologies has signed a binding agreement to acquire two strategic business units of the Swiss company Cilander, much renowned worldwide for its expertise in the supply of high-end textile fabrics and finishing services for complex textiles used in a wide range of applications. The project includes the acquisition of the…
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Eurazeo, Goldman Sachs, BPI France, and Iris Capital sell LumApps to Bridgepoint
PARIS: Eurazeo and its partners Goldman Sachs, BPI France, and Iris Capital, have signed agreements for the sale to Bridgepoint of their respective stakes in LumApps, the leading Employee Experience platform for businesses. Eurazeo has been supporting Lumapps since 2017, with successive reinvestments in 2018 and 2019 that have helped finance its international development and…
Edenred has acquired Spirii and deploys solution in France and Germany
PARIS, FRANCE: Edenred has succesfully finalized the acquisition of Spirii, a leading European SaaS provider specializing in electric vehicle (EV) charging solutions. This strategic move, first announced on February 27, 20241, enables Edenred to enhance its service offerings in France and Germany starting late May 2024, integrating Spirii’s proprietary technology to deliver comprehensive EV charging…
ABN AMRO agrees to acquire Hauck Aufhäuser Lampe (HAL) for EUR 672 million
AMSTERDAM: Today, ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a leading German private bank. ABN AMRO has agreed to purchase HAL from Fosun International for a consideration based on HAL’s shareholders equity as of the closing date. ABN AMRO will pay EUR 672 million at…
TotalEnergies advances offshore Brazil oil production with new FPSO units
PARIS: In a significant move to expand its oil production capabilities, TotalEnergies, in collaboration with Petrobras and other partners, has announced the Final Investment Decision (FID) for the second phase of development at the Atapu and Sépia fields in Brazil’s Santos Basin. The Atapu field, operational since 2020, is set to receive an additional Floating…
SAS Shipping Agencies offers to acquire Gram Car Carriers ASA for NOK 7.64 billion
OSLO, NORWAY: SAS Shipping Agencies Services Sàrl has officially launched a voluntary cash offer to acquire all issued and outstanding shares of Gram Car Carriers ASA (GCC). This move comes after the stock exchange announcement on April 24, 2024, which indicated that SAS had reached an agreement with GCC regarding the offer. The offer, recommended…
Webstep ASA divests its operations in Sweden
OSLO, NORWAY: Webstep ASA, commonly known as Webstep, has announced on May 23, 2024, that it has entered into a definitive agreement to sell its subsidiary, Webstep AB. The acquiring party is B3 Consulting Group AB, a company publicly traded in Sweden, which will take over all shares of Webstep AB. The deal, which is…
Telenor Group appoints Benedicte Schilbred Fasmer as new President & CEO
OSLO: Telenor Group’s Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down December 1st after more than 9 years as President & CEO of Telenor. Telenor’s Board of Directors has carried out an extensive process to identify the right candidate for the position of President &…
CTP to construct state-of-the-art dog food facility in Poland
AMSTERDAM: CTP, Europe’s leading industrial and logistics property developer, has been commissioned by PsiBufet and Butternut Box, top dog food manufacturers, to construct a specialized facility at CTPark Zabrze. This facility, spanning nearly 40,000 sqm in the Katowice Special Economic Zone, is set to become a production hub for fresh, healthy dog food, targeting distribution…
Veidekke signs memo to acquire Euromining AB in Sweden for NOK 500 million
OSLO, NORWAY: Veidekke has entered into a memorandum of understanding relating to its acquisition of the company Euromining AB in Gällivare, Sweden, a machinery contractor focused on the mining industry. Euromining’s business complements Veidekke’s existing operations in northern Sweden, which currently concentrate primarily on infrastructure and mining newbuild projects. The acquisition encompasses not only Euromining…
Hexagon Purus and Hino Trucks unveil Tern, the new zero-emission truck
OSLO, NORWAY: Hexagon Purus, in collaboration with Hino Trucks, has unveiled ‘Tern’ – a brand dedicated to zero-emission trucks. The announcement was made at the Advanced Clean Transportation (ACT) Expo, marking the launch of their first vehicle, the RC8. This battery electric Class 8 tractor is specifically designed for the U.S. market and is a…
Solutions30 SE acquires 10% stake in So-Tec
PARIS, FRANCE: Solutions30 SE, a prominent player in the Energy and Networks (ENR) business, has announced the acquisition of a 10% stake in So-Tec. This French company, known for its expertise in constructing photovoltaic power plants, will see Solutions30 become its majority shareholder within the next few years, with plans to control 100% of the…