GlobalLogic, a Hitachi Group Company and leader in digital engineering, has announced it will acquire Sidero Ltd., a specialist in engineering services and cloud-native software development based in Ireland. This strategic acquisition, aiming to boost GlobalLogic’s capabilities in the rapidly evolving communications technology sector, will also expand its European footprint in Ireland. Founded in Athlone […]
Generali Group is set to acquire Liberty Seguros, a Spanish insurance company with operations in Spain, Portugal, Ireland, and Northern Ireland, from Liberty Mutual Insurance in a deal worth €2.3 billion. This transaction enhances Generali’s presence in Europe, aligning with their growth strategy “Lifetime Partner 24: Driving Growth”. It bolsters Generali’s Property and Casualty (P&C) […]
British supermarket chain Asda Group has announced the acquisition of convenience and fuel retail company EG Group’s UK and Ireland operations for an enterprise value of £2.27 billion. The deal, led by the Issa brothers, investment funds managed by TDR Capital LLP, and Walmart, will see Asda bolster its presence in the convenience and fuel […]
Global insurance brokerage Arthur J. Gallagher & Co. (Gallagher) has acquired First Ireland Risk Management Limited based in Dublin, Ireland for an undisclosed price. Established in 1982, First Ireland Risk Management is a retail insurance broker. The company serves clients across Ireland with a range of commercial and personal insurance products along with life and […]
Amgen through its wholly-owned subsidiary Pillartree has agreed to acquire Ireland-based biopharmaceutical firm Horizon Therapeutics for an enterprise value of around $28.3bn. The US biotechnology company will pay $116.5 per share in cash, which is a premium of around 19.7% to Horizon Therapeutics’ closing stock price of $97.29 per share on 9 December 2022. Horizon […]
UK’s online clothing retailer NEXT, through a newly formed company, has collaborated with Tom Joule to acquire out of administration the majority of the assets of Joules, a premium lifestyle brand and group, for a cash consideration of £34m. NEXT has also acquired the existing head office of Joules for a cash consideration of £7m. […]
SSE Renewables has started the public consultation process for its proposed €2.5 billion Celtic Sea Array offshore wind farm in Ireland. As part of the consultation, the renewables company is encouraging members of the public in Counties Waterford, Cork, and Wexford to express their opinion on the offshore wind project. The public consultation will be […]
Merck will expand its membrane and filtration manufacturing capabilities in Ireland with an investment of around €440 million. The pharma giant will use the investment to ramp up its membrane manufacturing capacity in Carrigtwohill as well as construct a new manufacturing plant at Blarney Business Park in Cork. By the end of 2027, Merck’s latest […]
Infosys said that its business process management (BPM) arm — Infosys BPM will grow its footprint in Ireland by opening a new delivery center in Waterford. The Infosys Waterford delivery center will generate 250 jobs locally. It will offer customer service, voice support, and technical support operations for large global firms. The new jobs to […]
US food company General Mills has agreed to divest its European dough businesses to Cérélia, a provider of ready-to-bake dough solutions, for an undisclosed price. According to General Mills, the proposed sale will include the company’s branded and private label dough operations in Germany as well as the UK and Ireland. The brands included are […]