ID Logistics to buy US based Kane Logistics at enterprise value of $240mn
PARIS, FRANCE: ID Logistics has agreed to acquire 100% of Kane Logistics, an American pure player in contract logistics. At closing, the transaction will be...
Otovo has launched battery offering in Sweden
OSLO, NORWAY: Following the battery launches in Italy in Q2 2021, Spain in Q3 and Germany in Q4, Otovo is now making home energy storage...
Hexagon will supply high-pressure hydrogen cylinders to Reliance Industries
OSLO, NORWAY: Hexagon Purus, a world leading supplier of zero emission mobility solutions, has received its first orders for Type 4 high-pressure hydrogen cylinders from...
Hexagon to supply Hino Motors with $1.0bn worth of battery packs
OSLO, NORWAY: Hexagon Purus has signed a long-term binding letter of intent (LOI) with Hino Motors Manufacturing U.S. Inc. to provide battery packs for multiple...
HSBC acquires AXA Singapore for $529mn
PARIS, FRANCE: AXA announced that it has completed the sale of AXA Insurance Pte Ltd (AXA Singapore) to HSBC Insurance (Asia-Pacific) Holdings Ltd (HSBC), for...
Renault, Valeo & Siemens to develop new-generation automotive electric motor
PARIS, FRANCE: Renault Group, Valeo and Valeo Siemens eAutomotive have signed a memorandum of understanding to form a strategic partnership for the design, co-development and...
IMCD Brasil agrees to acquire Polyorganic Tecnologia
ROTTERDAM, THE NETHERLANDS: IMCD N.V. announced that IMCD Brasil has signed an agreement to acquire 100% of the shares of Polyorganic Tecnologia Ltda. “Polyorganic’s technical...
Cyclyx signs MoU to form the Houston Recycling Collaboration
OSLO, NORWAY: Cyclyx International, a consortium feedstock management joint venture founded by Agilyx and ExxonMobil, has signed a memorandum of understanding between City of Houston,...
Equinor commences first tranche of 2022 share buy-back programme
OSLO, NORWAY: Equinor (NYSE: EQNR) commences on 10 February 2022 the first tranche of around USD 1 billion, of the share buy-back programme for 2022,...
Netoil Capital to acquire 50% in Bluegreen Mozambique Mineracao
OSLO, NORWAY: Netoil Capital Ltd. has reached agreement with Bluegreen Holding SA. (BGH) for the acquisition of 50% of shares in Bluegreen Mozambique Mineracao e...
BPI France buys 5% stake in SPIE
PARIS, FRANCE: Bpifrance, through Lac1 Fund has acquired 5% shares of SPIE’s capital. SPIE is the independent European leader in multi-technical services in the areas...
Technip Energies acquires a 16.3% stake in X1 Wind
PARIS, FRANCE: Technip Energies (PARIS:TE) has acquired a 16.3% stake in X1 Wind, a renewable energy startup that has designed an innovative and disruptive offshore...