LONDON: Porvair Plc, the specialist filtration, laboratory and environmental technology group, today announced that it has agreed to acquire 100% of the share capital of Drache Umwelttechnik GmbH. Founded in 1984 and headquartered in Diez, Germany, Drache is active in the development, manufacture, and distribution of filters, consumables, and equipment for the molten metal industry,…
LONDON: OLX Group (OLX), a global online classifieds leader wholly-owned by Prosus, today announced it has entered into an agreement to acquire La Centrale, a leading French autos classifieds platform, from Providence Equity Partners L.L.C. for EUR1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process. OLX operates fast-growing and highly…
PARIS: French electronics distributor WE.CONNECT said it has acquired 100% of Exertis France SAS and Exertis Iberia, marking a major step in its European expansion strategy. The deal, finalized after exclusive negotiations with Ireland’s DCC Group, includes a recapitalization of both entities by DCC. WE.CONNECT’s financial contribution was symbolic, amounting to one euro. Exertis France…
PARIS: The Bonduelle Group finalized the sale of its packaged salad business in France to the LSDH Group on July 17, the company said Friday. The deal, first announced on Aug. 29, 2024, marks Bonduelle’s strategic exit from a segment that has faced a decade-long decline in domestic consumption. The business represented approximately 3.5% of…
AMSTERDAM: Sia, a next-generation global consulting group, has acquired Precedence, a Netherlands-based consultancy specializing in AI-driven transformation, in a move that strengthens its presence in the Benelux region and accelerates its European growth strategy. The acquisition follows a strategic minority investment of up to €250 million by Blackstone, the world’s largest alternative asset manager, in…
HELSINKI: Epassi Group has acquired Spain-based VIP District, a leading employee rewards and engagement platform, marking a key step in its European expansion strategy. The deal follows Epassi’s recent purchase of U.K. benefits provider Zest and strengthens its presence in Spain, Portugal, Italy, Germany and the Netherlands. Founded in 2010, VIP District serves more than…
Dataïads, a French SaaS company that creates personalized landing pages for e-commerce advertising campaigns, has appointed Benjamin Coiffé as a Client Partner to lead its growth in key European regions such as Italy, Spain, and Switzerland. Coiffé brings over 18 years of industry experience from Google and Triplelift, and will also focus on strategic sectors…
VANCOUVER: Thoughtful Brands Inc. announced the formation of its joint venture with Franchise Cannabis Corp. to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom. The parties’ will share equal ownership in the joint venture. Franchise will manage procurement and fulfillment of customer orders from…