Frende banks acquires 70% interest in Borea Asset Management
Frendegruppen to buy 70 percent of the asset management company Borea Asset Management.
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TotalEnergies sells TotalEnergies EP Brunei to Hibiscus Petroleum for $259 million
PARIS: TotalEnergies (Paris:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259 million. The transaction is…
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Glentra Fund offers to acquire Kyoto Group AS
OSLO, NORWAY: Kyoto Group AS, a prominent player in the energy sector, has announced a landmark transaction with GF I Kiln HoldCo AS, an acquisition entity owned by the esteemed Glentra Fund I K/S. This strategic move includes a directed…
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Pelagia acquires all the remaining shares in Blue Ocean Technologies AS
OSLO: Pelagia has now acquired all the remaining shares in Blue Ocean Technologies AS, and is the 100% owner of the company. In February 2024 Pelagia became the majority shareholder in Blue Ocean Technology AS following a share issue in…
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Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid
PARIS, FRANCE: Atos, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with ALTEN SA for the sale of its Worldgrid business unit for a binding enterprise value of €270 million. Worldgrid provides consulting…
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Wendel Growth acquires stakes in YesWeHack for €14.5 million
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…
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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…
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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,…
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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…
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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…
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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…
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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…