PARIS, FRANCE: SPIE, the independent European leader in energy and communications services, has announced the acquisition of c.92% of ICG Group, a leading provider of telecommunication infrastructure in Germany. The deal, valued at 9.1 times ICG Group’s 2023 earnings before interest, taxes, depreciation and amortization (EBITA), will allow SPIE to enter the market for 5G…
Category: Euronext
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Pyrum and GreenTech join forces to build tire recycling plant in Sweden
OSLO: A new tire recycling plant is set to be built in Sweden, thanks to a partnership between Pyrum Innovations AG and GreenTech Recycling Tires AB. The two companies signed a consulting agreement last week for the construction of a joint pyrolysis plant in Billingsfors, Sweden, that will convert end-of-life tires into valuable products such…
Envipco reports record revenues and profits in Q4 23, driven by European expansion
OSLO: Envipco, a global leader in recycling systems and reverse vending machines, announced its Q4 23 results on Thursday, March 7, 2024, showing a remarkable growth in revenues and profits, mainly due to its successful expansion in Europe. The company reported a 165% year-on-year increase in group revenues to EUR 35.4 million, with Europe accounting…
Pelagia Holdings has acquired Ideal Foods
OSLO: Pelagia Holdings has acquired 100% of the shareholding in Ideal Food Limited and its subsidiaries. Ideal Foods is an established and successful trader, headquartered in Cornwall, United Kingdom, specialising in the provision of fish, shellfish and co-products to a global market. In addition, Ideal Nutritional Foods, a subsidiary of Ideal Foods, is a dedicated…
Virtualware appoints John A. Cunningham as President of U.S. operations
PARIS: Virtualware, the European leader in enterprise virtual reality solutions, has announced the appointment of John A. Cunningham as the President of its U.S. operations. Cunningham will lead the company’s expansion strategy in the U.S. market, where it already has a strong presence. John A. Cunningham is a veteran of the tech industry, with experience…
Veolia sells its water and infrastructure subsidiary SADE to NGE for EUR 260m
PARIS: Veolia, a global leader in ecological transformation, has completed the sale of its water and infrastructure subsidiary SADE to NGE, an independent public works group, for an enterprise value of 260 million euros. The deal was announced on Monday, after obtaining the necessary regulatory approvals and consulting with the employee representatives. SADE, which specialises…
TotalEnergies and Bapco Energies join forces to optimize Bahrain’s refinery and energy trading
PARIS: TotalEnergies, a global integrated energy company, and Bapco Energies, the leading energy company in Bahrain, have agreed to cooperate in optimizing the Sitra refinery and trading the petroleum products produced there. The agreement was reached during a meeting in Bahrain between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Highness Shaikh Nasser bin Hamad…
Emma Tryti becomes new CEO of Airthings, a global leader in air quality solutions
OSLO: Airthings (AIRX), a company that offers air quality and energy-saving solutions for homes and businesses, announced today that Emma Tryti will take over as the new Chief Executive Officer. Tryti is a former executive at Vipps and Kron, two successful Norwegian fintech companies. Tryti said she was honored to lead Airthings in its next…
FDE acquires Greenstat, a leading green energy operator in Norway
PARIS: FDE, a carbon negative energy producer listed on Euronext, announced today that it has completed the acquisition of a controlling stake in Greenstat ASA, a leading green energy operator based in Norway, with a strong focus on hydrogen and solar activities. The acquisition, which was announced on January 16th 2024, aims to further strengthen…
IMCD N.V. posts gross profit of EUR 1.12 billion in 2023
AMSTERDAM: IMCD N.V., a global leader in the distribution and formulation of speciality chemicals and ingredients, announced its full year 2023 results today. The company reported a gross profit of EUR 1,123 million, a 2% increase on a constant currency basis, and a free cash flow of EUR 554 million, a 28% increase from 2022….
CMA CGM acquires Bolloré Logistics for 4.85 billion euros
PARIS: CMA CGM, a global leader in maritime transport, announced today that it has completed the purchase of Bolloré Logistics, a leading transport and logistics company in France and worldwide. The deal, worth 4.85 billion euros, is based on the estimated debt and cash on the closing date. It also includes the transfer of Bolloré…
Technip Energies announces €100 million share buy-back program
PARIS: Technip Energies, a leading Engineering & Technology company for the Energy Transition, has launched a share buy-back program of up to €100 million, with the aim of returning capital to shareholders and fulfilling its obligations under equity compensation plans, a company announcement noted. The program, which will run until December 31, 2024, will allow…