SANDNES, NORWAY: Desert Control AS has entered into an agreement with Holistic Earth Advanced Regeneration Technologies SA (H-EART) to become a licensed operator for production, sales, distribution, and implementation of Liquid Natural Clay (LNC) in the Kingdom of Saudi Arabia (KSA). The agreement marks a significant milestone in Desert Control’s transition to a royalty-based licensed…
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StrongPoint ASA agrees to acquire Hamari Group
OSLO, NORWAY: StrongPoint ASA has agreed on a share purchase agreement to acquire 100% of the shares in Brand ID Hamari Group Oy (Hamari Group). Completion of the transaction is subject to certain conditions set out in the share purchase agreement. Hamari Group is a retail technology solutions company that provides services and installation of,…
Gamestream partners Netgem to offer cloud gaming and TV streaming to telcos
Gamestream, a world leader in white label B2B cloud gaming solutions, and Netgem, a pioneer in the digital entertainment market, have announced a partnership to offer a unified entertainment service that integrates cloud gaming and TV streaming for the first time. The service, which will be available to telecom operators across EMEA (Europe, Middle East…
Keysight Technologies to acquire ESI Group in a 155 euros per share deal
PARIS, FRANCE: Keysight Technologies, Inc. (NYSE:KEYS) has made a binding offer to acquire a controlling stake in ESI Group SA (Euronext Paris: ESI), a global leader in virtual prototyping software and services for industries. Keysight has offered to buy 50.6% of ESI Group’s share capital and 55.8% of its theoretical voting rights from certain shareholders…
Eqva to merge with Kvinnherad Elektro and Vassnes Solutions
OSLO,NORWAY: Eqva ASA has signed a letter of intent for a business combination agreement with Kvinnherad Elektro AS, a full-service power and automation company, and its subsidiary Vassnes Solutions AS, a group of engineering, welding, power and automation services companies. The merger, which is expected to be completed in Q3 2023, will create a prominent…
NRC Group appoints Anders Gustafsson as the new CEO
OSLO, NORWAY: The Board of Directors of NRC Group ASA announces the appointment of Anders Gustafsson as the new Chief Executive Officer (CEO). Anders is a Swedish citizen with 30 years of industrial experience. He is currently the President and CEO of Svevia. Before Svevia he held various management positions at NCC. Anders holds a…
AMA Corporation raises €8 million in a public offering to boost its growth
PARIS,FRANCE: AMA Corporation, a leading provider of assisted reality solutions and B2B software for the smart workplace, has announced the completion of its capital increase with cancellation of the subscription right in the context of a public offering, of an amount of €7.99 million (the “Offer”). The Offer was carried out by issuing 30,769,230 new…
Arkema to acquire global leader in polyimide films PI Advanced Materials for €728mn
PARIS, FRANCE: Arkema, a global leader in specialty materials, has announced that it has signed an agreement to acquire Glenwood Private Equity’s 54% stake in the listed South Korean company PI Advanced Materials (PIAM), for €728m enterprise value. The transaction, which is expected to close in the first half of 2022, will enable Arkema to…
Norwegian and Strawberry to establish joint company for loyalty programmes
OSLO, NORWAY: Norwegian Air Shuttle announced that it will enter into a partnership with Strawberry (former Nordic Choice Hotels), which offers a wide range of leading hotels, restaurants and spas, including over 225 hotels across the Nordics. The companies will develop a stand-alone entity that will provide added value to the members of the companies’…
Rapid Nutrition advances production of flagship brands to enter thriving Asia Pacific market
PARIS, FRANCE: Rapid Nutrition PLC (Euronext Growth: ALRPD), a leading global natural wellness company, is making significant strides in the production and distribution of its flagship weight loss brand SystemLS and its patented herbal immunity formula Azurene, with a strong focus on entering the thriving Asia Pacific market. Building on the recent funding agreement with…
Virginie Leroy assumes role as President of VINCI Immobilier
PARIS, FRANCE: Virginie Leroy has been appointed as the President of VINCI Immobilier, effective from 1 August 2023. The decision comes as VINCI Immobilier, a prominent real estate development company, looks to navigate new opportunities and challenges in the ever-evolving market. With an impressive educational background, Leroy’s journey to the top of VINCI Immobilier has…
Gjensidige Forsikring has agreed to acquire Denmark based PenSam Forsikring
OSLO, NORWAY: Gjensidige Forsikring has agreed to acquire PenSam Forsikring (PF), a P&C insurance provider in Denmark. The acquisition is subject to regulatory approvals in Denmark and Norway and is expected to be completed during the fourth quarter of 2023. The acquisition will strengthen Gjensidige’s ability to generate profitable growth in Denmark. The parties have…