Invest In EU News

  • Sogefi to Purchase the Automotive Parts Group Mark IV Systèmes Moteurs

    Sogefi (CIR group), one of the leading world operators in the sectors of filters and suspension components for motor vehicles, has signed an agreement to buy the French automotive components group Mark IV Systèmes Moteurs from its American holding company Mark IV, LLC.

    Mark IV Systèmes Moteurs is one of the largest producers of air intake and engine cooling systems in the world with revenues of around 270 million euro in 2010 and some 1,200 employees.
     

  • Cloud computing and managed hosting leader wins top prize at ScotlandIS Digital Technology Awards

    iomart Group plc (AIM:IOM), has been named Scottish Digital Company of the Year. The Glasgow-based managed hosting and cloud computing services company, which was recently named as one of the top 25 cloud companies in the world, scooped top prize at the Digital Technology Awards 2011 hosted by ScotlandIS, the trade body for the information and communications technologies (ICT) industry.

  • Itella Group acquires the entire capital stock of OpusCapita Group Oy

    Itella Group acquired the entire capital stock of OpusCapita Group Oy, based in Tampere, Finland. The firm is specialized in the automation of cash processes and has 134 employees in Helsinki, Tampere, Stockholm and Copenhagen. OpusCapita will be part of Itella Information business group.

    The services of Itella Information cover entire financial management of customer companies from purchase to pay, order to cash and to as the most extensive option, the entire financial management and payroll.
     

  • Sentica Partners acquires Suomen Telecenter as part of the same Group with MediaPex

    In a corporate transaction managed by the private equity investor Sentica Partners, the company Suomen Telecenter Oy, becomes part of the group that includes MediaPex Oy, acquired in March 2010.

    Together the companies constitute by far the largest independent telemarketing player in Finland and aim to further improve and expand their service offering. The fund managed by Sentica Partners will remain the majority holder in the group’s parent company.

  • OHB AG buys Space Systems Division from Swedish Space Corporation

    The European space and technology group OHB AG has acquired the Space Systems Division from Swedish Space Corporation (SSC) via an asset deal and integrated this business within the newly incorporated company OHB Sweden AB, Stockholm. With 50 employees, this division generated sales of around €21 million last year.

    With the acquisition of this business and the incorporation of OHB Sweden, OHB AG has gained access to important and valuable resources and skills in the development and construction of satellite and payload systems.

  • Spanish builder Actividades de Construccion y Servicios SA amasses majority stake in German construction company Hochtief AG

    According to the Wall Street Journal, Spanish builder Actividades de Construccion y Servicios SA (ACS) succeeded in amassing a majority stake in its closely watched battle for German construction giant Hochtief AG, after a nearly year-long takeover battle.

  • Garmin Ltd subsidiary to acquire privately held navigation provider Navigon AG

    Garmin Ltd and Navigon AG announced today that Garmin Ltd. and the shareholders of Navigon AG have signed an agreement for a subsidiary of Garmin to acquire privately-held navigation provider Navigon AG. Financial details of the transaction were not released.

  • MTG acquires exclusive broadcasting rights in Sweden for the XXII Olympic Winter Games in 2014 and the XXXI Olympiad in 2016

    Modern Times Group (MTG), the international entertainment broadcasting group, Friday announced that it has acquired the exclusive broadcasting rights in Sweden for the XXII Olympic Winter Games in 2014 and the Games of the XXXI Olympiad in 2016.
     

  • Terex Corp to purchase the shares of Demag Cranes at an increased price of €45.50 per share

    Terex Corporation and Terex Industrial Holding AG announced an agreement with Demag Cranes AG (Demag Cranes) for a recommended offer to purchase the shares of Demag Cranes at an increased price of €45.50 per share. Terex, Terex Industrial Holding AG and Demag Cranes have also entered into a business combination agreement that confirms Terex’s support for the strategy of Demag Cranes and its workforce as a part of the Terex group.

  • Capgemini in deal to acquire the multi-channel services operator, Prosodie

    Capgemini, one of the global leaders in consulting, IT services and outsourcing, has entered into exclusive negotiations with the funds managed by Apax Partners and the Prosodie management team with a view to acquiring Prosodie, the multi-channel services operator. This acquisition would enable Capgemini to round out its services offer in the dynamic client-relationship solutions market.

  • Capgemini in deal to acquire the multi-channel services operator, Prosodie

    Capgemini, one of the global leaders in consulting, IT services and outsourcing, has entered into exclusive negotiations with the funds managed by Apax Partners and the Prosodie management team with a view to acquiring Prosodie, the multi-channel services operator. This acquisition would enable Capgemini to round out its services offer in the dynamic client-relationship solutions market.

  • Equinix Inc. to build a third International Business Exchange™ (IBX®) data center in Amsterdam

    Equinix, Inc., a provider of global data center services, announced plans to build a third International Business Exchange™ (IBX®) data center in Amsterdam (AM3), just six months after the official opening of AM2, the second IBX in the same market, indicating strong demand for Equinix data center services.

  • Wincor Nixdorf acquires Spain’s Dynasty Technology Group

    Wincor Nixdorf Friday signed an agreement to acquire Dynasty Technology Group in Madrid. With a workforce of 70, Dynasty Technology Group specializes in software and associated professional services such as IT integration and adaptation for retail banks, particularly in the burgeoning markets of Latin America and Spain.

  • Trifork A/S invests in Erlang Solutions

    Trifork A/S, the Danish software consulting and conferencing company and Erlang Solutions Limited, the driver behind the worldwide uptake of the Erlang development environment, Friday announced that Trifork will invest in Erlang Solutions. 

  • MyHeritage.com acquires Poland’s Bliscy.pl in expansion move

    MyHeritage.com, the most popular family network on the web, announced Friday the acquisition of Bliscy.pl from Wirtualna Polska S.A., strengthening its leadership in the family history market in Poland and expanding its international community of users.

    The move follows the company’s acquisition of several other leading family networks in 2010, including Polish site MoiKrewni.pl and its parent network OSN GmbH. Merging Bliscy.pl with MyHeritage.pl, the Polish website of MyHeritage.com, unites Poland’s competing family history sites.

  • Moelven Group to acquire Sweden’s Vänerply

    The Moelven Group has signed an agreement for the acquisition of Vänerply. The acquisition of Vänerply means that an important product for Moelven board materials will now also be produced in-house.

    Vänerply is located in Otterbäcken and produces plywood from spruce and pine. Vänerply’s geographical location is favorable for Moelven and will be an excellent addition to the group’s production and Moelven’s extensive distribution of board materials produced by the company’s collaboration partners.

  • Ryan acquires the Netherlands based Franke & Den Breems

    Ryan, a leading global tax services firm with the largest indirect tax practice in North America, announced the Firm’s continued international expansion with the acquisition of Franke & Den Breems, a respected Dutch tax law firm specializing in value-added tax (VAT) and real estate transfer tax advisory services.

  • Atkins buys additional expertise in the oil and gas sector through acquisition of Pöyry’s oil and gas business

    WS Atkins plc has acquired Pöyry’s 130 people-strong oil and gas business debt free for a cash consideration of EUR17.25 million. This acquisition considerably strengthens Atkins position in the buoyant oil and gas support services sector by bringing on board a world class front end design capability. It continues Atkins’ strategy of growing skills in its Energy business.
     

  • Mid Europa Partners completes acquisition of stake in Hungary’s leading CEE road freight transport company

    Mid Europa Partners announced Friday that it has completed the acquisition of a 49.05% stake in the leading CEE road freight transport company Waberer’s Holding Zrt through the acquisition of shares from Waberer’s founder and CEO, Mr. György Wáberer. The investment effected a €12 million capital increase in Waberer’s Holding.

    Waberer’s is the largest road transport company in Hungary and one of the largest road freight transport companies in Europe, operating a fleet of 2,300 trucks and generating revenues of €331 million in 2010.

  • Dynamatic Technologies buys German & Indian Operations of Eisenwerke Erla GmbH

    Dynamatic Technologies has acquired the German and Indian operations of the German based automotive component manufacturer Eisenwerke Erla GmbH through its wholly owned subsidiary, JKM Erla Automotive Limited.

  • Lenovo acquires Germany’s MEDION AG

    Lenovo, the world’s fastest growing major PC Company, Thursday announced that it is acquiring Germany’s MEDION AG, a leader in PC, multimedia products, mobile communications service and consumer electronics.
     

  • Odeon and UCI Cinemas acquires cinemas in Ireland from Entertainment Enterprises Group

    Europe's largest exhibition, Odeon and UCI Cinemas, is continuing to expand, acquiring nine cinemas and two pipeline cinemas (with a total of 77 screens) in Ireland from Entertainment Enterprises Group, reported Variety.
     
    In another move toward expanding its European presence, the continent's largest exhib, Odeon and UCI Cinemas, has acquired nine existing cinemas and two pipeline cinemas in Ireland with a total of 77 screens from Entertainment Enterprises Group, said Variety.

  • Zetes strengthens its expertise in RFID-based traceability solutions by acquiring Belgian company RFIDEA

    Zetes (ZTS), the European leader in automatic identification solutions and services for goods and people, purchased the Belgian company RFIDEA. RFIDEA delivers highly specialized solutions based on Radio Frequency Identification (RFID) Technology. Its expertise will reinforce Zetes’ offering of RFID-based solutions.

  • Brewin Dolphin acquires Ireland’s privately owned private client fund management company

    Brewin Dolphin has agreed to acquire Tilman, a privately owned private client fund management company, based in Ireland. Completion of the investment is subject to a number of conditions, including regulatory approval.

    The initial investment consideration is €20.8 million (£18.3 million) and will be paid upon completion, with up to an additional €15 million (£13.2 million) payable in December 2014 based on the performance of Tilman to September 2014. The entire consideration is payable in Brewin Dolphin shares, subject to certain lock in arrangements.

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