Category: Euronext

HAMILTON, BERMUDA: Archer Limited has closed the acquisition of Romar-Abrado. The acquisition is based on an enterprise value of USD 8 million, plus earn-out pending trading performance over 2023 to 2025. The acquisition is conducted on a debt free basis and financed by available cash at hand. Romar-Abrado offers advanced milling and SWARF handling services…

MUNICH: Mutares SE & Co. has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC. The closing of the transaction is expected in the first quarter of 2023. Lacroix + Kress is the leading oxygen free copper drawing manufacturer in Europe. The Germany based company employs approximately…

OSLO, NORWAY: Aker Solutions has been awarded a substantial contract from Altera Infrastructure for the complete upgrade of the Petrojarl Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor’s Rosebank field development, offshore UK. The selected development concept for the Rosebank field includes redeployment and reuse of the existing Petrojarl Knarr…

FRØYA, NORWAY: Frøy ASA has entered into an agreement to acquire 100% of the shares of Marinus Aquaservice AS at a total enterprise value of NOK 101 million. The acquisition is conditional upon certain customary conditions and closing is expected to take place in the first quarter of 2023. The acquisition of Marinus strengthens Frøy´s…

PARIS, FRANCE: Focus Entertainment announced the appointment Sean Brennan as Chief Executive Officer effective January 5th, 2023. He will be seconded by Christophe Nobileau, Deputy CEO, in charge of corporate affairs and John Bert, Managing Director, in charge of operations. This nomination is accompanied by an evolution in the governance of the Board of Directors…

DUBLIN, IRELAND: Greencoat Renewables has signed an agreement to acquire 22.5% of the Butendiek offshore wind farm in Germany from Marguerite Pantheon. The wind farm is located in Germany’s exclusive economic zone in the North Sea and consists of 80 Siemens Gamesa 3.6MW turbines that have been operational since 2015. Butendiek benefits from a fixed-price…

PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, has signed a power purchase agreement for 215 MW of clean energy with Stanwell Corporation, a major provider of electricity and energy solutions to Queensland, the National Electricity Market and large energy users throughout Australia. Under the 15-year agreement, Stanwell will purchase…

OSLO, NORWAY: Elliptic Labs (OSE: ELABS) has launched the AI Virtual Proximity Sensor INNER BEAUTY® on the HONOR 80GT smartphone. The HONOR 80GT is being launched for the Chinese market. Elliptic Labs’ partner Qualcomm is driving the HONOR 80GT with its Snapdragon 8+ Gen 1 chipset. The contract for this launch was previously announced by…

HAMILTON, BERMUDA: Seadrill Limited entered into a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. Upon completion of the transaction Seadrill shareholders and Aquadrill unitholders will own 62% and 38%, respectively, of the outstanding common shares in the Company. The transaction values Aquadrill at an implied equity value of approximately…

BOULOGNE-BILLANCOURT: Renault Group announced the successful placement of a ¥210 billion (c. €1.4 billion) new bond issue maturity December 2026 and carrying a coupon of 2.80%. This transaction represents Renault Group’s first-ever issuance of retail bond targeted to individuals and stands as the second largest public offering of Samurai bond for individuals. The final orderbook amounted…