Vodafone Group Plc has made a pivotal move in the telecom industry by agreeing to sell its 100% stake in Vodafone Holdings Europe, S.L.U. (“Vodafone Spain”) to Zegona Communications plc. The total enterprise value of the transaction stands at €5 billion. Details of the Financial Agreement The sale is strategically significant for both entities. Vodafone […]
In a move set to make waves in the European commodities market, Viserion Oilseed Processing, LLC, an offshoot of Viserion International, has confirmed its plans via its Elian Barcelona S.L. subsidiary to acquire the esteemed Soya Crush Plant in Barcelona from industry titan Cargill Inc. Located at the prime Moll Álvarez de la Campa spot […]
Nederlandse Radiateuren Fabriek B.V. (NRF), a subsidiary of Banco Products (India) and a prominent supplier of engine cooling and climate control components for the automotive aftermarket, is gearing up for a major expansion. With a rapidly growing portfolio boasting over 11,000 references, NRF is experiencing a surge in sales volume, necessitating an expansion of its […]
A catastrophic fire erupted at the Teatre nightclub in Murcia, southeastern Spain, claiming at least 13 lives with fears of the toll rising. This devastating event has left the nation reeling, as search operations intensify for the missing. A dance of flames spells doom! Upon being alerted around 6:00 am local time, emergency services swiftly […]
Carnegie Technologies Spain (CTS), a subsidiary of Carnegie Clean Energy Ltd (ASX: CCE), has received a grant of €1,171,800 from Spain’s first competitive call of the RENMARINAS DEMOS Program. The grant aims to advance marine renewable energy projects in Spain, specifically supporting Carnegie’s AGUAMARINA Project. This initiative is aligned with the previously announced EuropeWave ACHIEVE […]
In a strategic move to solidify its market presence in Spain, retail giant Carrefour has inked a deal to acquire 47 SuperCor stores from El Corte Inglés. With an enterprise value of €60 million, this acquisition includes supermarkets and convenience stores primarily situated in high-profile regions such as Madrid, Catalonia, Andalucia, and Comunidad Valenciana. Stores […]
Switzerland-based packaging company Eviosys has invested €8 million to expand the production capacity of two-piece cans in its factories located in Alcochete (Portugal), Murcia, and Ribadumia (Spain). This significant investment comes in response to the rising demand for two-piece and EOE round and irregular cans in the fish, meat, and pet food markets. Eviosys aims […]
Barcelona-based core technology infrastructure provider Inari has successfully raised $5.2 million in a seed funding round led by Caixa Capital Risc through Criteria Venture Tech. The funding will be instrumental in scaling Inari’s global footprint in insurance and reinsurance technology services. Expansion and Innovation in the Insurance Technology Sector The raised capital will enable Inari […]
Unthinkable devastation has struck central Morocco as a formidable 6.8 magnitude earthquake razed buildings to the ground, claiming at least 296 lives and injuring more than 150 people. Felt as far away as Spain and Portugal, this disaster is nothing short of a cataclysm. Local reports are dubbing it the most powerful quake to ever […]
In a move poised to reshape the artificial intelligence (AI) landscape in the automotive industry, Tech Mahindra, a global leader in digital transformation and consulting, has unveiled a strategic alliance with Anyverse, a Spanish deep-tech company and a hyperspectral synthetic data platform. This collaboration is set to facilitate the seamless use of synthetic data in […]