HELSINKI: Incap Corporation has signed an agreement to acquire 100% ownership of Lacon Group, a well-established EMS company with advanced ODM capabilities and modern facilities in Germany and Romania. The acquisition accelerates Incap’s growth strategy by strengthening its position in defense, railway technology, and medical technology sectors, where Lacon Group has reputable customers. With the acquisition,…
HELSINKI: Finnish technology firm Bittium said on Tuesday it has acquired a 24.9% stake in artificial intelligence company MarshallAI (Kradient Intelligence Oy) through a directed share issue, aiming to bolster its software-driven AI capabilities across defense, medical, and engineering segments. The strategic investment aligns with Bittium’s long-term roadmap to develop embedded AI solutions, particularly for…
LONDON: Hydropulse, the newly launched build-own-operate subsidiary of ITM Power plc, has entered into a strategic partnership with ABO Energy, a global renewable energy developer, to fast-track green hydrogen projects across Europe. The collaboration aims to combine ABO Energy’s industrial offtaker network and international development pipeline with Hydropulse’s modular hydrogen production capabilities, powered by ITM’s…
HELSINKI: Kingsrose Mining Limited (ASX: KRM) announced today that it has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy. The acquisition is part of Kingsrose’s strategic expansion under its Exploration Alliance with BHP in the region. The Jakon project spans 205 square kilometers, bringing Kingsrose’s total controlled area in…
ANTWERP: Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire 100% of the shares of Haarla Oy, a specialty distributor of food ingredients and industrial chemicals based in Finland. Haarla Oy has a well-established position in the food ingredients market and across various industrial…
LONDON: Cindrigo (LSE:CINH), a renewable energy company, has announced that it has signed a Memorandum of Understanding (MOU) with Amtroy OÜ for the acquisition of a 50-year lease on a 110 MW waste to energy (WTE) plant in Kaipola, Finland. The plant, which was built by UPM Kymmene Corporation as part of its paper mill…
PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, announced the signing at the end of December 2021 of a new power purchase agreement (PPA) for at least 30 MW of green energy in Finland. The PPA was awarded as a result of the competitive tender run by Equinix, a world…
LONDON, UK: Octopus Renewables Infrastructure Trust has exercised the call option announced in October 2021 and completed the acquisition of two onshore wind farms in Finland. The total consideration for the acquisition, including the option deposit and funding for the final construction payments was approximately €140 million. The Saunamaa and Suolakangas wind farms have a…
STOCKHOLM, SWEDEN: Byggfakta Group has signed an agreement to acquire 100 per cent of Forecon, a provider of business intelligence to the Finnish construction industry. With the acquisition, Byggfakta Group further broadens its offering in Finland. Forecon, founded in 2013 and headquartered in Tampere, is a Finnish research and expert services company specializing in monitoring…
SYDNEY, AUSTRALIA: Spacetalk Ltd. announced that the Elisa Corporation will range Spacetalk Adventurer across its Finland retail stores and online channels. Elisa is a Finnish market leader in telecommunications, digital services and technologies, providing sustainable solutions for over 2.8 million customers in Finland, Estonia and internationally. Elisa is the first telecom operator in the world…