AMSTERDAM: Avantium N.V., a leader in renewable polymer materials, has partnered with the Bottle Collective to showcase fiber bottles made using Dry Molded Fiber (DMF) technology, the company announced. Avantium’s plant-based polymer PEF (polyethylene furanoate) will be integrated into the bottle production process, enhancing sustainability and barrier performance. The Bottle Collective, launched in 2023 by…
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HitecVision’s Midas Industri AS offers to acquire Vow Green Metals
OSLO: Vow Green Metals AS and Midas Industri AS, a newly formed Norwegian company backed by HitecVision, announced Thursday that they have entered into an agreement for a voluntary tender offer to acquire all outstanding shares in Vow Green Metals at NOK 0.95 per share. The offer represents a 73% premium over Wednesday’s closing price…
IMCD N.V. agrees to acquire TECOM Ingredients S.A.
AMSTERDAM: IMCD N.V., a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in TECOM Ingredients S.A.. Founded in 1996 and headquartered in Molins de Rei, near Barcelona, Spain, TECOM is a recognised distributor of ingredients and additives to the food…
Archer Limited reports strong Q1 earnings, launches shareholder return program
HOUSTON: Archer Limited, a leading provider of drilling and well services, reported strong financial results for the first quarter of 2025 and confirmed its inaugural quarterly cash distribution to shareholders. The company announced revenue of $342.5 million, an 11% year-over-year increase, while EBITDA climbed 9% to $33.5 million, underscoring Archer’s ability to expand revenues and…
Napatech, Eideticom unveil cutting-edge cryptographic, compression solutions for data centers
COPENHAGEN: Napatech, a leading provider of programmable network interface cards (NICs), has partnered with Eideticom to introduce new solutions for cryptographic acceleration and transparent compression in data centers. The collaboration aims to optimize performance for compute-intensive workloads in mission-critical networks. The Cryptographic Accelerator offloads security operations, supporting both classical and post-quantum algorithms to ensure future-proof…
TotalEnergies sells 50% stake in Poland’s leading biogas producer to HitecVisio
PARIS: TotalEnergies has signed a sale and purchase agreement with HitecVision, a Norwegian investment firm specializing in energy, to sell 50% of Polska Grupa Biogazowa for an enterprise value of €190 million. Polska Grupa Biogazowa, Poland’s leading biogas producer, operates 20 units with a production capacity exceeding 450 GWh of equivalent biomethane. Founded in 2007 and acquired…
Peugeot Invest joins investor consortium in $125 million BroadStreet Partners deal
PARIS: Peugeot Invest has announced a $125 million investment in BroadStreet Partners as part of a capital reorganization, joining a consortium led by Ethos Capital. Ontario Teachers’ Pension Plan, the majority shareholder for over a decade, will maintain a co-control position alongside the new investors. BroadStreet Partners, a leading insurance brokerage firm operating in the…
Henry Gosebruch appointed as Chief Executive Officer of Galapagos
MECHELEN: Galapagos NV (Euronext & NASDAQ: GLPG), a global biotechnology company focused on advancing cell therapies and transformative medicine, announced a strategic update Tuesday, including a re-evaluation of its previously planned corporate separation, a leadership transition, and changes to its Board of Directors. The company originally announced on Jan. 8 its intention to separate into…
Peugeot Invest takes minority stake in Novétude
PARIS: Peugeot Invest has announced a minority investment of approximately €105 million in Novétude, a leading European higher education group specializing in paramedical training. The deal, which represents over 19% of Novétude’s share capital, positions Peugeot Invest alongside Charterhouse Capital Partners, the majority shareholder. Novétude offers accredited degrees in osteopathy, physiotherapy, optics, dental care, and…
Mario Blazevic appointed interim managing director of Tietoevry Banking
OSLO: Mario Blazevic has been named interim managing director of Tietoevry Banking, effective Tuesday. He succeeds Endre Rangnes, who was appointed interim CEO of Tietoevry on May 5. Blazevic, 49, has been with Tietoevry since 2010, most recently serving as head of cards and transaction banking at Tietoevry Banking. Prior to that, he held multiple…
Connected Energy, Forsee Power partner on second-life battery storage solution
PARIS: Connected Energy and Forsee Power have signed an agreement to jointly develop a modular, scalable energy storage system using repurposed electric vehicle batteries, the companies announced Monday. The partnership will combine Connected Energy’s second-life battery technology with Forsee Power’s ZEN 35 and ZEN 42 battery packs, which are used in roughly 1,500 electric buses…
CodeLab Capital acquires Kuba Norge AS in NOK 20 million deal
OSLO: CodeLab Capital AS has signed a share purchase agreement to acquire Kuba Norge AS for NOK 20 million, the company announced today. The deal aligns with CodeLab’s strategy of investing in businesses and providing financial and operational support to boost their value. Kuba, a leader in Norway’s health, safety, and environment (HSE) sector, offers…