AMSTERDAM: Marel has announced its entry into a transaction agreement with John Bean Technologies Corporation (JBT). This move comes after JBT’s voluntary takeover offer for all issued and outstanding shares in Marel, signaling a potential consolidation in the sector. John Bean Technologies proposes to acquire Marel in a euro 2.7 billion deal The Boards of…
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Wendel has sold 9% shares in Bureau Veritas for 1.1 billion euros
PARIS, FRANCE: Wendel has successfully completed the sale of 40.5 million shares in Bureau Veritas by way of an accelerated bookbuilding process, representing c. 9% of the company’s share capital, for total proceeds of approximately 1.1 billion euros. As part of the Offering, the Lac1 fund, managed by Bpifrance, has purchased c.4% of Bureau Veritas’…
Clariane explores sale of Home Hospitalisation and Nursing Services Division in France
PARIS: Clariane, a leader in European healthcare, has announced the exploration of disposal options for its French Home Hospitalisation (HAD) and Nursing Home Services (SSIAD) business. The decision aligns with the company’s refinancing plan revealed last November. The division, comprising 8 HAD homes and 3 SSIAD agencies, employs 309 individuals and generated €46 million in…
TotalEnergies launches new battery storage project in Belgium
PARIS: During Belgian Energy Minister Tinne Van der Straeten’s visit to TotalEnergies’ Antwerp refinery, the energy giant unveiled plans for a new battery storage project in Feluy, Belgium. This initiative, featuring a 25 MW power rating and 75 MWh capacity courtesy of Saft’s lithium-ion technology, is set to launch by late 2025. With a €70…
CMA CGM Group has acquired 10% stakes in Flexis SAS
PARIS, FRANCE: CMA CGM, through PULSE, its energy fund, acquired a 10% stake in Flexis SAS and has confirmed its interest for a strategic investment up to EUR 120 million by 2026. Volvo Group and Renault Group, holding each a 45% stake in Flexis SAS, plan to invest respectively EUR 300 million over the next…
AERKOMM and Nasdaq-Listed IX Acquisition Corp merge to create AKOM Inc.
PARIS, FRANCE: AERKOMM Inc., a trailblazer in satellite technology, has teamed up with IX Acquisition Corp to create a new entity, AKOM Inc. This strategic merger is underpinned by a definitive Business Combination Agreement and bolstered by a US $35 million private placement. The fusion of these two entities is set to revolutionize the satellite…
Eurofins Scientific has acquired Ascend Clinical in the United States
LUXEMBOURG: Eurofins Scientific (EUFI.PA), a global leader in bioanalytical testing, has announced the successful acquisition of Ascend Clinical, LLC, the premier independent kidney dialysis laboratory in the United States. Ascend Clinical, known for its cutting-edge laboratory in Sunnyvale, California, and a dedicated team of 170 professionals, has been at the forefront of providing comprehensive testing…
M Vest Water announces first sales in the Middle East oil & gas produced water treatment market
BERGEN, NORWAY: M Vest Water (EURONEXT: MVW) today announced that, through an established partnership, MVW has been awarded the supply of process equipment and chemicals for an especially important Produced Water Reuse project in the Middle East. The MVW supply includes the NORWAPOL® and the NORWAFLOC® technology as an integrated part of a larger environmentally…
Atari acquires Rollercoaster Tycoon 3 from Frontier Developments
PARIS, FRANCE: Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, will become the publisher of Rollercoaster Tycoon 3 developed by Frontier Developments plc. Released in 2004, the title is available on PC, Mac, iOS and Nintendo Switch. Atari is now the sole publisher of all major titles within the Rollercoaster…
CTS EVENTIM acquires Vivendi’s festival and ticketing business in multimillion-euro deal
PARIS, FRANCE: CTS EVENTIM, a titan in ticketing services and live entertainment, has inked a put option agreement with cultural powerhouse Vivendi for the acquisition of its festival and international ticketing operations. The transaction, valued at €137 million in annual revenues, is poised to be finalized in the upcoming months following consultations with employee representative…
Exclusive Networks acquires NEXTGEN Group
PARIS, FRANCE: Exclusive Networks has signed a deal to acquire all shares of NEXTGEN Group, a prominent channel services firm in the APAC region. The acquisition aligns with Exclusive Networks’ growth strategy, promising to double its market presence in Australia and New Zealand. NEXTGEN, headquartered in Sydney since 2011, boasts a workforce of 190 and…
Norse Atlantic Airways announces new direct flight from London Gatwick to Las Vegas
OSLO, NORWAY: Norse Atlantic Airways announced a brand-new route connecting London Gatwick to the captivating city of Las Vegas. Commencing operations on the 12th of September 2024, the airline will offer travellers the opportunity to immerse themselves in the vibrant energy of Las Vegas with three direct weekly flights. With launch return fares as low…