MUNICH: Mutares SE & Co. has successfully sold its portfolio company STF Balcke-Dürr S.r.l., which has been part of the Balcke-Dürr Group, to C Capital S.r.l. STF was acquired in 2018 as add-on investment to the Balcke-Dürr Group. The company is active in the development, design, production and on-site assembly of heat exchanger components, titanium…
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Horisont Energi and Koole Terminals collaborate to develop a logistic value chain for clean ammonia
SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. announced a collaboration agreement to develop a logistic value chain for clean ammonia. In the fall of 2021, the two companies signed a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. The terminal will receive clean…
Huddlestock Fintech partners a Northern European investment bank to create a digital self-service brokerage functionality
OSLO, NORWAY: Huddlestock Fintech has entered into an agreement with a Northern European investment bank to create a digital self-service brokerage functionality to supplement its more traditional brokerage and investment businesses for high-net-worth individuals. In choosing the digital trading and investment solutions offered by Huddlestock Trader and Huddlestock Investor Services, the investment bank will be…
Otovo sells its 34% stake in Brazilian solar platform Holu to Gera Brasil Tecnologia
OSLO, NORWAY: Otovo has sold its 34% stake in Brazilian solar platform Holu to Gera Brasil Tecnologia, the majority shareholder of the joint venture. The partnership between Otovo and Holu will continue by Holu using Otovo’s Cloud software as a key part of its business model. The price obtained is equal to the injected capital…
SUEZ and Waga Energy commission 5th RNG production unit
MEYLAN, FRANCE: In early November, SUEZ and Waga Energy commissioned a new Renewable Natural Gas (RNG) production unit at the Madaillan landfill in Milhac-d’Auberoche (southwestern France). This project is further evidence of SUEZ’s commitment to recovering biogas sourced from waste, an entirely green energy that is produced and distributed locally in a short cycle. This…
TOMRA initiates EUR 50-60mn investment in plastic feedstock sorting
OSLO, NORWAY: TOMRA announced today that the Board of Directors has made a positive investment decision for the construction of a sorting facility for post-consumer plastic material. TOMRA seeks to enable closing the quantity and quality gaps in plastic recycling by producing high quality plastic fractions out of plastic waste that is typically lost to…
Lhyfe and Schaeffler to build industrial hydrogen plant in Germany
NANTES, FRANCE: Lhyfe and the Schaeffler Group, a leading global supplier to the automotive and industrial sectors, have agreed on a Letter of Intent (LoI) for the production and purchase of green hydrogen. The aim is to build and operate an electrolysis plant on Schaeffler’s factory premises in Herzogenaurach. With a capacity of up to…
Helios divests 246 MWp solar PV projects in Sweden to Commerz Real
OSLO. NORWAY: Magnora‘s portfolio company Helios entered its largest deal to date with Commerz Real, by selling five large scale PV projects with a total capacity of 246 MWp. The projects are all located in SE3 in Southern Sweden and are estimated to be ready-to-build and delivered to Commerz Real in 2023 and start production…
RoodMicrotec and NOVELDA sign strategic cooperation for new generation UWB devices
DEVENTER, NETHERLANDS: RoodMicrotec N.V. and NOVELDA have reached agreement on the qualification, test and supply of NOVELDA’s new generation of UWB devices. RoodMicrotec N.V. is a leading independent company for semiconductors supply and quality services. The Ultra-Wideband Sensor can detect the tiniest movements, even breathing and heartbeat. This ability enables NOVELDA to offer the most…
Arkema doubles polyester resins capacity at its Navi Mumbai facility in India
PARIS, FRANCE: Arkema has doubled its polyester resins capacity in its Navi Mumbai facility in India. The site includes a modern manufacturing unit and a dedicated laboratory to provide application development and technical support in the region. Arkema invested in the Navi Mumbai facility in early 2019 to expand geographic coverage of its high performance,…
EssilorLuxottica renews and expands partnership with Ferrari
CHARENTON-LE-PONT, FRANCE: EssilorLuxottica announced today the renewal and expansion of its partnership with Ferrari S.p.A., a wholly-owned Italian subsidiary of Ferrari N.V., which began in 2016. Under the new multi-year agreement, signed by the two companies and effective from 1 January 2023, EssilorLuxottica will continue to design, produce and market eyewear products featuring the Scuderia…
TotalEnergies mobilizes to explore Lebanon Block 9 in 2023
PARIS, FRANCE: Patrick Pouyanné, Chairman and CEO of TotalEnergies received His Excellency Walid Fayad, Minister of Energy and Water of Lebanon, at the Company’s headquarters. During the meeting, Patrick Pouyanné and Walid Fayad discussed the development of TotalEnergies’ activities in Lebanon, and Patrick Pouyanné confirmed that the teams in charge of drilling operations on Block…