Veidekke signs memo to acquire Euromining AB in Sweden for NOK 500 million

OSLO, NORWAY: Veidekke has entered into a memorandum of understanding relating to its acquisition of the company Euromining AB in Gällivare, Sweden, a machinery contractor focused on the mining industry. Euromining’s business complements Veidekke’s existing operations in northern Sweden, which currently concentrate primarily on infrastructure and mining newbuild projects. The acquisition encompasses not only Euromining…

Pyrum and GreenTech join forces to build tire recycling plant in Sweden

OSLO: A new tire recycling plant is set to be built in Sweden, thanks to a partnership between Pyrum Innovations AG and GreenTech Recycling Tires AB. The two companies signed a consulting agreement last week for the construction of a joint pyrolysis plant in Billingsfors, Sweden, that will convert end-of-life tires into valuable products such…

Tritax Euroboz buys land for its 1st development project in Malmö, Sweden

LONDON, UK: Tritax EuroBox, in partnership with established Nordic developer MIGS, entered into a speculative development scheme to acquire 95,000 sqm of development land for SEK 223 million (€21.4 million). The project is a brownfield redevelopment opportunity in a prime Swedish logistics market in the Fosie industrial area south of Malmö where there is a…

Talga Group commissions Electric Vehicle Anode qualification plant in Sweden

SYDNEY, AUSTRALIA: Talga Group Ltd (TLG:ASX) has commissioned its Electric Vehicle Anode qualification plant in Luleå, Sweden. The EVA, understood to be Europe’s first Li-ion battery anode plant, will produce large scale commercial samples of Talga’s coated active anode material for battery customer qualification. The now operational plant was commissioned on time and within budget.…

DORE acquires operational 46 MW onshore wind project in Sweden

LONDON, UK: Downing Renewables & Infrastructure Trust plc (DORE) has completed the acquisition of an operational 46 MW onshore wind project located in north east Sweden for a total consideration of approximately EUR 23.8 million (c.£19.8 million). The acquisition has been funded on an ungeared basis using the group’s cash resources. The wind farm is…

Telenor divests Open Universe and SDU fibre in Sweden for NOK 3.0bn

OSLO, NORWAY: Telenor has agreed to divest Open Universe and the company’s fibre to the home (FTTH) accesses in the single dwelling unit (SDU) segment to Global Connect for a total consideration of NOK 3 billion. The sale includes around 200,000 ports in the open fibre neworks model and approximately 14,000 single dwelling unit fibre…

Småkraft acquires twelve power plants in Sweden

OSLO, NORWAY: Småkraft announced the acquisitions of twelve power plants generating 40 GWh in Mälardalen and in Hälsingland, Sweden. The acquisitions were finalized Friday 1st of October. Småkraft’s entry into Sweden extends Småkraft’s ambitious and successful strategy in the consolidation of small hydro operations. Sweden and Norway are part of the same power market, Nordpool,…

Volution Group acquires Nordiska Klimatfabriken in Sweden

LONDON: Volution Group, a leading international designer and manufacturer of energy efficient indoor air quality solutions, has signed an agreement for the acquisition of Nordiska Klimatfabriken AB in Sweden. Klimatfabriken specialises in the provision of premium low carbon ventilation equipment for the residential refurbishment market in Sweden, which the business designs and manufactures at its…

Sienna appoints Triolab exclusive distributor in Sweden

MELBOURNE: Sienna Cancer Diagnostics announced the appointment of Triolab AB as its exclusive distributor in Sweden. The distribution agreement grants Triolab AB the right to sell Sienna’s hTERT product to Swedish pathology laboratories where it can be used as an adjunct in urine cytology assisting pathologists in their diagnosis of bladder cancer, of which there…

Vuuzle Media Corp announces Swedish merger, moves headquarters to Sweden

LONDON: Vuuzle TV is a premium streaming service that offers live video content, such as hit television shows, news, sports and feature-length movies. Vuuzle Media Corp (VMC) is the owner of Vuuzle TV and is an enterprise-level OTT platform. VMC is registered with the US Securities and Exchange Commission and incorporated in the state of…