LONDON, UK: The project company of Xlife Sciences AG, Inventum Genetics GmbH has signed a collaboration agreement with the Philipps-University of Marburg. In this way, Inventum Genetics has the exclusive opportunity to develop new therapeutic targets using high-quality genetic data, a news release said. The cooperation between Inventum Genetics and the University of Marburg is…
ViiV Healthcare and Halozyme enter global collaboration and license agreement for HIV medicine
LONDON, UK: Halozyme‘s drug delivery technology provides the opportunity to administer large volume subcutaneous injections that may enable dosing intervals of every three months and up to six months or longer for ViiV‘s pipeline of HIV medicines London and San Diego, 22 June 2021 – ViiV Healthcare, the global specialist HIV company majority owned by GlaxoSmithKline plc (“GSK”),…
Proton Motor and Electra to develop zero emission fuel cell truck market in the UK and Ireland
LONDON, UK: Proton Motor Power Systems has signed a Memorandum of Understanding (MoU) with Electra Commercial Vehicles Limited to develop the zero emission fuel cell truck market in the UK and Ireland, a news release said. Electra was founded in 2017 by Sid Sadique to develop, test and manufacture all electric trucks. It is the…
National Express acquires Transportes Rober in Spain for €13 million
LONDON, UK: National Express Group has acquired Transportes Rober (Rober) in Spain for headline consideration of €13 million, which represents 2.6 times EBITDA, a news release said. The acquisition of Rober, which has operated the urban bus contract in Granada for more than 20 years, represents a further step in consolidating the regional and urban…
Grafton Group agrees to acquire Finland based IKH for €199.3 million
LONDON, UK: Grafton Group plc has signed an agreement with Mr. Ilkka Alakortes and his family to acquire Isojoen Konehalli Oy and Jokapaikka Oy (IKH), one of the largest workwear and personal protective equipment (PPE), tools, spare parts and accessories technical wholesalers and distributors in Finland, a news release said. The consideration payable for IKH…
BIO-UV Group with its American partner The Columbia Group win U.S. Navy contract
PARIS, FRANCE: BIO-UV Group with its American partner The Columbia Group Inc. have been selected by the U.S. Navy, following an international call for tenders, to develop a military version of its UV ballast water disinfection system to equip future ships of the United States Navy. Until now, military vessels have operated outside the scope…
Nel ASA joins leading players to enable fossil-free steel hydrogen facility in Sweden
OSLO, NORWAY: Nel Hydrogen Electrolyser, a division of Nel ASA, has entered into a collaboration for a fossil-free hydrogen facility in Hofors, Sweden, together with partners Ovako, Volvo, Hitachi ABB, and H2 Green Steel. The conversion to green hydrogen in the production process will reduce CO2-emissions from the facility by 50% from current levels with…
Little Green Pharma acquires LGP Denmark for a total of C$20 million
SYDNEY, AUSTRALIA: Little Green Pharma Ltd (LGP) announced the acquisition of a world class cannabis GACP cultivation and EU-recognised GMP licensed cannabis production facility located in Denmark as well as the receipt of firm commitments to raise A$27.2 million by way of placement to institutional and sophisticated investors. Little Green Pharma Ltd (LGP) plans to…
Air Liquide, Airbus and Groupe ADP partner to prepare Paris Airports for hydrogen era
PARIS, FRANCE: Air Liquide, Airbus and Groupe ADP have signed a Memorandum of Understanding (MoU) to prepare for the arrival of hydrogen in airports by 2035 as part of the development of hydrogen-powered commercial aircraft, a news release said. The partners will leverage their respective expertise to support the decarbonization of the aviation industry and to define the…
Pakistan LNG Limited invites bids for eight LNG cargoes
KARACHI: State-owned Pakistan LNG Limited (PLL) has floated a tender seeking delivery of eight cargoes of the liquefied natural gas (LNG) to be delivered in September and October this year. The bids will be opened on July 0521. According to the tender document, five cargoes up to 140,000 cubic meters in capacity each are spread…
Boozt acquires Rosemunde at an enterprise value of DKK 250 million
COPENHAGEN, DENMARK: Boozt and Rosemunde have today entered into an agreement where Boozt acquires 66.7% of the shares in Rosemunde with an option to acquire the remaining shares at the same EV/EBIT multiple, in three phases, with the final phase planned for June 2026, a news release said. The enterprise value is DKK 250 million….
Artec Aqua signs agreement with K Smart Farming for salmon farming in South Korea
OSLO, NORWAY: Artec Aqua AS has signed an agreement with K Smart Farming Co., Ltd. (KSF) to conduct a feasibility study for a 20,000 tonnes land-based salmon farming facility in South Korea. Artec Aqua is a wholly owned subsidiary of Oslo-listed Endúr ASA. The agreement includes an intention for Artec Aqua to conduct engineering, delivery,…