STOCKHOLM: Investment AB Latour has, through its wholly-owned subsidiary Latour Industries AB, acquired 100 percent of the shares in Alstor AB. Alstor is a leading provider of compact forestry machinery for thinning and forest management with headquarters in Dingle, Sweden. The company was founded in 1998 by Lars Jansson, and the business is currently owned…
LONDON: Pensana (PRE.LSE) has concluded a US$100 million subscription by a Strategic Investor in support of the Company’s U.S. Mine-to-Magnet strategy. Under the agreement, the Strategic Investor has subscribed for 95,000,000 new ordinary shares of £0.001 each subject to confirmatory due diligence of the Longonjo project along with shareholder authorisation of the share issue and…
ANTWERP — TINC, an infrastructure investor listed on Euronext Brussels, announced Friday a €100 million investment in Interparking, a leading European car park operator. The investment follows a syndication by AG Insurance and AG Real Estate of an indirect minority stake to a consortium that includes TINC, the global infrastructure investor Northleaf Capital and Hedera, the…
ANTPWERP – European private equity firm Gimv has agreed to acquire a minority stake in Equine Care Group (ECG) from Belgian family-owned investor CNP, the companies said on Thursday, in a deal aimed at accelerating the veterinary group’s international growth. Under the definitive agreements, CNP will remain the lead strategic partner and majority owner of ECG,…
LONDON – Valereum Plc, a U.K.-based fintech company, announced Monday a $200 million investment partnership with Valereum QGP-SP, a move the company said will significantly strengthen its balance sheet and accelerate its growth strategy, including a target listing on a major U.S. national exchange by the first half of 2026. Under the agreement, Valereum Plc will…
GAITHERSBURG – AstraZeneca said on Monday it will invest $2 billion to expand its manufacturing footprint in Maryland, including a major expansion of its biologics facility in Frederick and construction of a new clinical manufacturing site in Gaithersburg. The investment will support 2,600 jobs across the two sites, including 300 highly skilled roles, retention of…
STOCKHOLM – Swedish retailer Clas Ohlson said on Tuesday it will invest 400-450 million Swedish crowns ($38-43 million) to upgrade its main distribution centre, betting on automation to fuel long-term growth in both store and online sales. The board-approved investment will modernise the company’s logistics hub in Insjön, Dalarna, the town where it was founded over…
LONDON — Agronomics Limited, a leading investor in cellular agriculture, announced Monday a further $2 million investment in its portfolio company, SuperMeat, to support the commercialization of its cultivated chicken in Europe. The investment is part of a $3.5 million funding round for SuperMeat, raised through a Simple Agreement for Future Equity (SAFE). Milk and Honey…
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
AMSTERDAM – Eli Lilly and Co (LLY.N) said on Monday it will invest $3 billion to build a new manufacturing plant in the Netherlands, expanding capacity for its experimental weight-loss pill orforglipron and other oral treatments as it races to meet soaring demand. The Indianapolis-based drugmaker is ramping up production of its key metabolic drugs,…
LONDON: Simply Blue Holdings, has signed a share subscription agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd, Simply Blue Group’s offshore wind development arm. The transaction follows the recent carve-out of Simply Blue’s sustainable fuels business into a newly formed entity, Nova Scotia Fuels, and represents…
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to Nvidia….