Nordex Group has bagged a contract to supply wind turbines to the 63MW Wysoka wind farm in Poland from OX2, a Swedish wind farm developer. Under the terms of the contract, the German wind turbine manufacturer will supply 11 N149/5.X turbines for the Polish wind project. Nordex Group will also be responsible for servicing the […]
Alfa Laval has agreed to acquire Scanjet, a supplier of tank cleaning equipment and solutions for offshore, marine, and industrial applications. The financial terms of the deal were not disclosed. Magnus Wallin — CEO of Scanjet said: “Alfa Laval is the ideal place for Scanjet’s journey to continue. “Our companies have leading marine offerings that […]
Johnson Matthey has agreed to sell a part of its battery materials business to EV Metals Group, an Australian battery chemicals and technology firm, for £50 million ($63.1 million) in cash. Additionally, the British specialty chemicals company will also secure a minority stake in EV Metals Group. The sale covers Johnson Matthey’s assets at the […]
L&T Technology Services (LTTS) has bagged a contract worth $45 million from a US-based automotive tier 1 company to deliver engineering services for its electric vehicle (EV) product portfolio. As per the five-year agreement, the Larsen & Toubro subsidiary will work as a strategic engineering partner with the automotive customer to provide solutions that utilize […]
German wind turbine manufacturer Nordex Group has secured two orders for two wind farm projects in northern Poland, with a combined capacity of 70.9MW. Nordex will be supplying 20 of its N117/3600 wind turbines as part of the contract. Additionally, Nordex will be responsible for the maintenance and servicing of the wind turbines for a […]
French industrial gases company Air Liquide has acquired Betamed S.A. in Poland as part of its efforts to grow its home healthcare business — Air Liquide Healthcare in Europe. The financial terms of the deal were not disclosed. Betamed is a home healthcare provider in Europe. It is engaged in the care of patients having […]
Glenmark Pharmaceuticals said that it has secured marketing approval for Ryaltris, a fixed-dose combination nasal spray, in 13 countries across the European Union (EU) and the UK. Ryaltris (olopatadine 665 µg and mometasone furoate 25 µg) has approval for the symptomatic treatment of seasonal and perennial allergic rhinitis in adults and children, aged over 12. […]
French telecommunication services provider iliad Group, through its subsidiary — Play, has agreed to acquire cable operator UPC Poland for PLN 7.0 billion ($1.78 billion). UPC Poland is the Polish telecommunications business of Liberty Global Europe. It is counted among the largest internet service providers in Poland with 3.7 million homes passed in Fiber to […]
The European Commission (EC) has approved the €830 million sale of Dutch insurance group Aegon’s Central and Eastern European (CEE) businesses to Vienna Insurance Group Wiener Versicherung Gruppe (VIG). The deal, which was announced in November 2020, has been granted the competition law clearance by the European regulator. Vienna Insurance is in the process of […]
International Paper, an American pulp and paper company, has wrapped up its previously announced €670 million sale of the Kwidzyn pulp and paper mill and supporting operations in Poland to Mayr-Melnhof Group (MM). The all-cash deal was announced in February 2021. The pulp and paper mill in Kwidzyn mill has a workforce of nearly 2,300 […]