AMSTERDAM: Arcadis announced the commitment to achieve net zero greenhouse gas emissions (Net Zero) in 2035 within its global operations. The step is part of the ambition the company set out last year in its three-year strategy to build on Arcadis’ pioneering heritage and maximize its impact by reinforcing sustainability at the heart of client…
Hans Dieltjens appointed President & CEO of TI Fluid Systems
AUBURN HILLS, MICHIGAN, USA: TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has announced three executive level appointments as Hans Dieltjens assumes the role of President and Chief Executive Officer on 1 October 2021. Hans will succeed William L. Kozyra, who will retire on 1 October 2021 and step down…
Emiratesis launching new technical solution for cargo shipments
DUBAI, UAE: Emirates SkyCargo is launching a new technical solution for its customers that will enhance user experience and the efficiency of the booking process for cargo shipments. Working with WiseTech Global, a leading provider of software solutions to the logistics industry, Emirates SkyCargo will be providing direct access to its flights and inventory for…
Precise Biometrics CEO Stefan K. Persson stepping down
STOCKHOLM, SWEDEN: Precise Biometrics’ CEO, Stefan K. Persson, has announced that he has decided to leave his position for new challenges outside the company. Precise Biometrics will immediately initiate the recruitment process of a new CEO, a news release said. “I want to thank Stefan for his efforts as he has implemented important changes that…
DGL acquires chemical manufacturer, Aquapac
AUCKLAND, NEW ZEALAND: DGL Group Limited has announced the strategic acquisition of Aquapac Pty Ltd, specialty chemical manufacturer, for $8 million. DGL Group is a specialist chemicals business that manufactures, transports, stores and processes chemicals and hazardous waste. Aquapac is a well-known and widely respected water solutions company which formulates, trials and provides technical support…
Alstom and Plastic Omnium to design hydrogen storage for railway
PARIS, FRANCE: Alstom and Plastic Omnium have signed a Memorandum of Understanding (MoU) to collaborate on the development of high-end hydrogen storage systems for the railway sector. Alstom and Plastic Omnium will cooperate and combine their complementary know-how and capabilities in their respective domains. A dedicated team has been set up to manage the technical…
Pernod Ricard agrees to buy The Whisky Exchange
PARIS, FRANCE: Pernod Ricard has signed an agreement for the acquisition of The Whisky Exchange, a leading spirits online and physical retailer and a reference for global whisky and fine spirits lovers, a news release said. Since its creation by Sukhinder and Rajbir Singh in 1999, The Whisky Exchange, based in the UK, has become…
Workspace Group disposes vacant property for £92 million
LONDON, UK: Workspace Group announced the exchange of contracts for the disposal of 13-17 Fitzroy Street in Fitzrovia, for a total of £92 million. The sale of the vacant property is at a discount of 3.2% to the 31 March 2021 valuation and a capital value of £993 per sq. ft. The property currently provides…
Henry J. Charrabé appointed CEO of Seven Seas Water Group
TAMPA: Seven Seas Water Group, a multi-national provider of water and wastewater solutions, appointed Henry J. Charrabé as new Chief Executive Officer, effective September 20, 2021. Mr. Charrabé brings two decades of experience in the water and wastewater industry on a global scale. Most recently, he served as the Managing Director and CEO of the…
Stenprop changes name to Industrials Reit
LONDON, UK: Stenprop announced that, effective today, it has changed its name from Stenprop Limited to Industrials REIT Limited, in order to align the corporate identity with its “Industrials” operating brand and its investment strategy. The name change was approved by shareholders at the Company’s annual general meeting on 10 September 2021. As a result…
Spud of Egyptian vulture exploration well
LONDON, UK: Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near-term, low-risk exploration assets, announced the commencement of drilling operations on the Egyptian Vulture exploration well. The drilling of the Egyptian Vulture prospect is being undertaken by the West Hercules semi-submersible drilling rig. The Egyptian Vulture well is targeting…
JTC acquires Ballybunion Capital Limited
LONDON, UK: JTC Plc, the global professional services business, has acquired Ballybunion Capital Limited, a boutique asset manager based in Ireland. The initial consideration will be settled in cash and JTC equity. A further deferred consideration is available on the achievement of performance targets in the current year. Background to Ballybunion Financial Founded in 2009,…