Carlyle has divested its stake of 80% in self-storage assets in the Netherlands and Belgium as part of a joint venture (JV) with British self-storage group Safestore for an enterprise value of €146 million. The joint venture was created in 2019 by Carlyle Europe Realty (CER), the pan-European real estate platform of Carlyle, to access […]
Alpha Networks, a Belgium-based software solutions provider for the video distribution market, has acquired Veygo, a French technology company that specializes in delivering a secure player for the video industry. According to Alpha Networks, it has been collaborating with Veygo for the past five years for deploying projects for operators and media firms in Europe […]
Infosys said that it has extended its strategic partnership with Belgian digital services and communications solutions provider Proximus Group for the digital transformation, development, and maintenance of the latter’s IT applications with artificial intelligence (AI) and automation solutions. The Indian IT services provider said that through the engagement, it will support the important digital initiatives […]
JSW Steel Ltd said that the World Steel Association (Worldsteel) has elected the company’s chairman and managing director Sajjan Jindal as its chairman for the 2021-22 period. According to the iron and steel mills company, Sajjan Jindal becomes the first representative from India to serve in the post at World Steel Association. Headquartered in Brussels, […]
Hyloris Pharmaceuticals has acquired the global rights from Australia-based Baker Heart and Diabetes Institute (Baker Institute) to CRD-102, a clinical-stage, extended-release Milrinone capsule. CRD-102 is being developed for late-stage heart failure (HF) patients who have an implanted left ventricular assist device (LVAD1) and have developed right HF. According to Hyloris Pharmaceuticals, CRD-102 is the second […]
Kraton Corporation, a US-based manufacturer of specialty polymers and bio-based products derived from pine wood pulping co-products, has agreed to be acquired by DL Chemical Co. in an all-cash deal worth around $2.5 billion. DL Chemical is a subsidiary of DL Holdings (formerly Daelim Industrial). It is a Belgium-based petrochemical company. Kevin M. Fogarty — […]
Evos, a Dutch liquid bulk storage company, has agreed to acquire four European liquid storage terminals from Oiltanking and Jersey-based investment company 3i Infrastructure for an undisclosed price. The acquisition will be carried out by Evos via its entity Evos Finance. The sale involves four liquid storage terminals in Amsterdam and Terneuzen in the Netherlands, […]
Swiss luxury goods company Richemont has acquired Delvaux, a Belgian luxury leather goods manufacturer, for an undisclosed price. Founded in 1829, Delvaux is claimed to be among the oldest luxury leather goods companies in the world. It is called the inventor of the modern luxury handbag as way back in 1908, the Belgian leather goods […]
Thermo Fisher Scientific has completed the acquisition of Groupe Novasep’s acquisition of viral vector manufacturing business in Belgium – Henogen for nearly €725 million in cash. The divested viral vector manufacturing business of Novasep offers contract manufacturing services for vaccines and therapies to biotech firms and large biopharma customers. Through its two locations in Seneffe […]
ALVANCE, the aluminium business of Sanjeev Gupta’s GFG Alliance, has wrapped up its acquisition of the Duffel aluminium recycling and rolling mill located near Antwerp in Belgium. Established in 1946, Duffel is a European producer of aluminium rolled products and is said to be a leading player in the European automotive body sheets (ABS) market. […]