PARIS: Atos, a global leader in digital transformation, has announced a major reshuffle of its top management and board. Paul Saleh, the former Group CFO, has been named the new CEO, replacing Yves Bernaert who stepped down after leading a period of transformation. Jacques-François de Prest, a veteran of the telecom industry, has been hired…
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BOGART acquires Rose et Marius
PARIS, FRANCE: BOGART, specialised in the creation, manufacture and marketing of luxury perfumes and cosmetics, announced the acquisition of the “Rose et Marius”, House of Haute Parfumerie and Art of living in Aix en Provence. Created in 2012 and awarded the “Artisans d’Art” label in 2017, Rose et Marius offers original and refined fragrance creations…
Arkema acquires stakes in the start-up Tiamat
PARIS, FRANCE: Arkema has become a shareholder of the start-up Tiamat, spun off from the CNRS (Centre National de la Recherche Scientifique) in 2017 and a pioneer in sodium-ion battery technology. This investment will enable the Group to accelerate the development of technical solutions adapted to these batteries, which do not use lithium. The Group…
EPC Group acquires Spanish measuring instrument companies Vibraquipo and Vibratesting
PARIS, FRANCE: EPC Group, a French leader in the field of explosives, demolition and drilling-mining, announced on January 9, 2024 that it has acquired 100% of the shares of Vibraquipo and Vibratesting, two Spanish companies specialized in the design, sale and calibration of measuring instruments for mines and quarries. The acquisition will allow EPC Group…
Elis signs deal to acquire Moderna Holding BV in the Netherlands
SAINT-CLOUD: Elis, the global leader in circular services at work, today announced the signing of an agreement to acquire 100% of Moderna Holding BV in the Netherlands. The closing of the transaction is expected to occur before the end of Q1 2024, subject to the standard regulatory reviews. Moderna operates a very modern plant that…
IMCD N.V. has acquired 70% of Valuetree Ingredients Private Limited
ROTTERDAM: IMCD N.V. announced the acquisition of 70% of Valuetree Ingredients Private Limited to expand its beauty and personal care footprint in India. Founded in 2005, Valuetree, is a prominent ingredient supplier to the beauty and personal care market. It provides an extensive portfolio of specialty ingredients and through an in-house application laboratory, offers formulation…
JDE Peet’s completes the acquisition of Maratá’s coffee & tea business in Brazil
AMSTERDAM: JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, has completed the acquisition of the Brazilian coffee & tea business from JAV Group for an undisclosed amount in cash, which was first announced on 24 July 2023. Maratá’s coffee & tea business is predominantly present in the northern part of Brazil…
TotalEnergies completes €3.1 billion deal with Couche-Tard
PARIS, FRANCE: TotalEnergies, a global multi-energy company, announced today that it has completed the sale of its retail networks in Germany, the Netherlands, Belgium and Luxembourg to Alimentation Couche-Tard, a Canadian convenience store operator. The deal, which was signed in March 2023, was based on an enterprise value of €3.1 billion (equivalent to more than…
Avance Gas sells VLGC Venus Glory for $66 million as part of fleet renewal
OSLO, NORWAY: Avance Gas Holding, a Norwegian company that operates Very Large Gas Carriers (VLGCs), has agreed to sell one of its ships, Venus Glory, for $66 million to a National Oil Company. The ship, built in 2008, was on a two-year charter with IOC until the end of 2023. The sale is expected to…
Mutares SE & Co. has acquired PRINZ Kinematics GmbH from AL-KO
MUNICH: Mutares SE & Co. has successfully completed the acquisition of PRINZ Kinematics GmbH from AL-KO.The company will join KICO & ISH as a new add-on investment, strengthening the group’s presence in the market as system supplier of high-quality automotive technology and the Automotive & Mobility segment of Mutares.Founded in 1985, PRINZ Kinematics GmbH is…
Lars-Christian Svensen appointed CEO of Golden Ocean Management AS
OSLO, NORWAY: The Board of Golden Ocean Group Limited announced the appointment of Mr. Lars-Christian Svensen as the Chief Executive Officer (CEO) of Golden Ocean Management AS with effect from January 1, 2024. Mr. Svensen currently serves as the Interim Chief Executive Officer of Golden Ocean Management AS. Prior to that, he held the role…
Galapagos NV signs agreement to transfer Jyseleca business to Alfasigma
MECHELEN, BELGIUM: Galapagos NV and Alfasigma S.p.A. today announced that they have signed an agreement to transfer Galapagos’ Jyseleca® (filgotinib) business to Alfasigma, marking a significant milestone in Galapagos’ transformation into an innovative biotechnology company with a best-in-class research and development pipeline aimed at addressing high unmet patient needs in immunology and oncology. The agreement…