Invest In EU News

  • 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.

  • India’s Rishabh Instruments acquires 85% Stake in Poland’s Lumel

    Deal Curry Monday reported that Nashik-based Rishabh Instruments Pvt Ltd has acquired 85% stake in Poland-based Lumel S.A. The acquisition will give Rishabh footprint into the European markets and also an access to its technology and R&D capabilities, while Lumen will benefit from Rishabh's expertise in electrical and electronic instruments.

  • Clinipace Worldwide acquires Swiss based PFC Pharma Focus and its subsidiaries

    Clinipace Worldwide, a global digital clinical research organization (dCRO), and Swiss-based PFC Pharma Focus (PFC) jointly announced a definitive merger agreement under which Clinipace Worldwide has acquired all outstanding shares of privately-held PFC and its subsidiaries.

    PFC is a pan-European contract research provider focused on drug and medical device development services and regulatory consulting. The company is based in Zurich, Switzerland - with offices in Germany, Israel and India.

  • Frutarom Industries Ltd to acquire the Savory activity and assets of Chr. Hansen Italy

    Frutarom Industries Ltd is to acquire the Savory activity and assets of Chr. Hansen Italy (Christian Hansen ITALIA S.p/a, or Chr. Hansen) for a cash payment of approximately US$ 35.2 million.

    The activity's 2010 sales totaled approximately US$ 24.3 million (approximately €18.3 million) and its operational margin came to 15%. The data are based on unaudited documents provided by Chr. Hansen. The acquisition will be subject to the approval of antitrust authorities. Frutarom estimates that the acquisition will be finalized within the coming weeks.

  • Germany’s GMG acquires the Netherlands based Aurelon

    GMG, a leading developer and supplier of high-end color management software solutions, Thursday announced the acquisition of Aurelon, located in The Netherlands. Aurelon provides innovative, modular and scalable technology for the processing of digital information to any media that requires accurate graphic production and output.

    With the acquisition of Aurelon, GMG is strengthening its presence in the large-format print production market significantly and is continuing its strategic expansion beyond traditional market segments.

  • The Technical University of Denmark buys a T-Ray 4000® from Picometrix Advanced Photonix

    Advanced Photonix, Inc. Tuesday announced that the Lyngby campus of The Technical University of Denmark (DTU) has purchased a T-Ray 4000® from its wholly-owned subsidiary, Picometrix, for terahertz time-domain studies. Terahertz (THz) science and technology is a key strategic area of development for the Photonics Engineering department of the University.

  • Imtech N.V. acquiring Norwegian activities of the electrical services provider Elajo Installasjon AS

    Imtech N.V. (technical services provider in Europe) is acquiring the Norwegian activities of the electrical services provider Elajo Installasjon AS.  The acquisition will enable Imtech to further strengthen its position in the Norwegian market, especially in the economically thriving region around Oslo.

    On an annual basis, Elajo, which employs almost sixty people, generates revenue of around seven million euro in the Oslo region. The acquisition, which will be paid for in cash, will contribute directly towards the earnings per share.
     

  • India’s CG acquires Sweden’s Emotron Group

    India based CG announced it has acquired Sweden’s Emotron Group. The investment is for a consideration of €57.8 million. In the 2010 fiscal calendar, Emotron reported revenues equivalent of €37.3 million and EBIDTA equivalent of €4.4 million.

  • Thermo Fisher Scientific to acquire Sweden’s Phadia

    Thermo Fisher Scientific Inc. is to acquire Phadia, a global leader in allergy and autoimmunity diagnostics, from European private equity firm Cinven, for €2.47 billion (or approximately $3.5 billion) in cash.

    The transaction, which is expected to be completed in the fourth quarter of 2011, is expected to be immediately accretive to Thermo Fisher's adjusted earnings per share and accretive by $0.26 to $0.30 per share in 2012.

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