PARIS, FRANCE: Novo Nordisk, a leading global healthcare company, has announced that it has entered into a share purchase agreement with BIO JAG, the main shareholder of BIOCORP, to acquire 1,998,800 BIOCORP shares, representing 45.3% of its share capital and 62.2% of its theoretical voting rights. Novo Nordisk would also acquire concomitantly with, and subject…
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KPN expands fiber network with acquisition of Primevest’s urban fiber network
AMSTERDAM: Leading Dutch telecommunications provider, KPN, has announced the acquisition of Primevest Capital Partners’ fiber network, bolstering its presence in major cities. The acquired network covers 127,000 homes in urban areas of The Hague, Rotterdam, and Eindhoven. This move aligns with KPN’s strategic goal of expanding its fiber network to cover approximately 80% of the…
Air Liquide signs first long-term Power Purchase Agreement for renewable electricity in China
PARIS, FRANCE: Air Liquide has signed a long-term Power Purchase Agreement (PPA) with the China Three Gorges Renewables and China Three Gorges Corporation Jiangsu Branch, subsidiaries of China Three Gorges, one of China’s largest producers and retailers of renewable electricity, to purchase a total of 200 MW of renewable power per year in China. Following…
Arverne Group and Transition to combine creating a new lithium company
PARIS, FRANCE: Arverne Group and Transition, two companies with expertise in the energy transition, have signed a combination agreement to create a new company that will be the French leader in geothermal and low-carbon lithium production. The combined company will have a unique portfolio of assets and technologies, including: The combined company plans to use…
IMCD expands presence in Southeast Asia with acquisition of Brylchem Group
AMSTERDAM: IMCD N.V. , a global leader in the distribution, formulation, and provision of specialty chemicals and ingredients, has announced its agreement to acquire 100% of the shares of Brylchem Pte Ltd, Chemipac Pte Ltd, and CMS Marketing Trading Co., Ltd in Vietnam, collectively known as the Brylchem Group. This strategic acquisition further strengthens IMCD’s…
Offshore wind giants Cadeler and Eneti merge to create largest installation company
OSLO, NORWAY: Cadeler A/S and Eneti Inc, two of the largest offshore wind turbine and foundation installation companies, have announced a merger that will create the largest company in the industry. The combined company will have a fleet of 10 vessels, including the two largest wind turbine installation vessels in the world. The merger is…
Haffner Energy acquires Jacquier to strengthen industrial development in RE sector
PARIS, FRANCE: Haffner Energy announced the acquisition of Jacquier, a family-owned industrial boilermaking and general mechanics company based in the Marne region of France. This strategic acquisition builds upon their existing partnership since 2017 and will support Haffner Energy’s continued growth in the decarbonation solutions market. The acquisition of Jacquier provides Haffner Energy with enhanced…
Banijay to build Media & Entertainment Powerhouse with Balich Wonder Studio
PARIS, FRANCE: Banijay today announced it has signed an agreement to acquire a majority stake in Balich Wonder Studio. Building a stand-out, global media and entertainment powerhouse, the deal will combine the strengths of the established world-renowned content group, with the pioneering capabilities of the live entertainment player. Having already bolstered its position as a…
Elis expands presence in Italy with acquisition of Gruppo Indaco
PARIS, FRANCE: Elis, a leading international multi-service provider offering textile, hygiene, and facility services solutions, has announced the complete acquisition of Gruppo Indaco SRL in Italy. The acquisition, effective from June 1, 2023, signifies Elis’ commitment to expanding its operations and consolidating its presence in Italy. The estimated revenue for Gruppo Indaco in 2023 is…
Maurel & Prom in advanced talks for potential acquisition of Assala Energy Holdings
PARIS, FRANCE: Etablissements Maurel & Prom S.A. (M&P) has announced that it is currently engaged in advanced discussions with the shareholder of Assala Energy Holdings Ltd regarding the potential acquisition of all the shares of Assala. The discussions are underway, and if successful, M&P would acquire Assala in what is referred to as the “Proposed…
TotalEnergies announces Ntokon oil and gas discovery offshore Nigeria
PARIS, FRANCE: TotalEnergies has made a significant oil and gas discovery, named Ntokon, in the offshore OML102 block located off the southeast coast of Nigeria. The discovery well, Ntokon-1AX, encountered 38 meters of net oil pay and 15 meters of net gas pay, while the side-track well, Ntokon-1G1, encountered an impressive 73 meters of net…
Eurobio Scientific to acquire Diagnostic International Distribution in Italy
PARIS, FRANCE: Eurobio Scientific , a leading French group specializing in specialty in vitro medical diagnostics, has announced its intention to acquire 100% of the capital of Diagnostic International Distribution SPA (“DID”), a prominent company focused on the distribution of in vitro diagnostic tests in Italy. The acquisition, which is expected to be completed within…