The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements
TotalEnergies has acquired Tecoil, a Finnish re-refined base oils company
TotalEnergies (Paris:TTE) announced the acquisition of Tecoil, a Finnish company specialized in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market
JTC Plc has acquired Hanway Advisory Limited
LONDON: JTC Plc, the global professional services business, announced the acquisition of Hanway Advisory Limited. Formed in 2018, Hanway provides corporate governance, fund administration and accounting services to UK listed investment companies. An experienced team of six professionals will remain with the business. Post-completion of the acquisition, Hanway will become part of JTC’s Institutional Client…
Scatec ASA signs terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia
OSLO: Scatec ASA, a leading renewable energy solutions provider, and its partners, ECHEM and MOPCO, have agreed on Heads of Terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia, the world’s largest trader- and distributor of ammonia. Last year, Scatec, the Egyptian Petrochemicals Holding Company (ECHEM) and Misr Fertilizers Production Company (MOPCO) entered…
Mutares SE to acquire Serneke Sverige AB
MUNICH: Mutares SE & Co. has signed an agreement to acquire Serneke Sverige AB from Serneke Group AB (publ). The company will strengthen the Engineering & Technology segment as a new Swedish platform investment. Closing of the transaction is subject to merger approval, FDI approval as well as FSR approval. Serneke Sverige is a leading…
ACOMO N.V. agrees to acquire Caldic Food Service and Retail
ROTTERDAM: ACOMO N.V., the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reached agreement with Caldic on the acquisition of the Caldic Food Service and Retail nuts and dried fruit business in Northern Europe. The intended acquisition by Acomo will further strengthen the group’s Spices & Nuts segment and establish a stepping stone in the European…
SigmaRoc partners Duo Group to produce and sell sustainable limestone aggregates in UK
LONDON: SigmaRoc, the Northern European quoted lime and limestone group, is pleased to announce it has entered into a 10-year ground-breaking strategic alliance with Duo Group to produce and sell sustainable limestone aggregates in the UK market. This 10-year agreement has the potential to generate incremental revenue of over £150 million over the course of…
Altor has acquired F24 AG, a leading European SaaS provider
Hg, the Manager of HgCapital Trust plc, has agreed the sale of F24 AG, a leading European software-as-a-service (SaaS) provider for Business Resilience solutions, to Altor. Altor is a leading private equity firm focused on investing in and developing medium-sized companies. Founded in 2000, F24 supports companies and organisations in more than 100 countries around…
Northamber Plc has acquired Renaissance Contingency Services
LONDON: Northamber Plc (AIM:NAR), a leading value-add AV & IT distributor, has acquired, from Michael Conway and Denis Woods, Renaissance Contingency Services Limited pursuant to a share purchase agreement. Renaissance Contingency Services, which is a company incorporated in Ireland, is a value-add distributor of cyber security solutions and services in Ireland. The total consideration for…
Apax X agrees to sell stake in idealista
LO)NDON: The Apax X Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced the sale of its minority stake in idealista, a leading online real estate classifieds platform in Southern Europe, to Cinven. Including prior distributions, this transaction will deliver a total gross MOIC of 2.1×1 and a gross IRR…
Induction Healthcare Group sells Horizon Strategic Partners for £1.2 million
LONDON, UK: Induction Healthcare Group PLC, a leading digital health platform driving transformation of healthcare systems, has sold its wholly-owned subsidiary, Horizon Strategic Partners Limited (HSP), to Eolas Medical Ltd for a consideration of £1.2 million. HSP is a supplier of a clinical management platform to facilitate the curation, review and dissemination of antimicrobial resistance…
Lendlease Corporation agrees to sell US Military Housing business for $320
SYDNEY: Lendlease Corporation has entered into an agreement with Omaha Beach Investment Holdings, LLC, an entity managed by Guggenheim Partners Investment Management, LLC, for the sale of its US Military Housing business for $480 (US$320) million. The sale represents a significant premium to book value and includes the operating platform of the business along with…