The Mediterranean coast of Spain, near the French border, faces an intensifying wildfire situation. The wildfire near Portbou has led to the evacuation of over 130 people. The situation escalated as firefighters reported the fire spreading south of Portbou on Saturday, according to AFP. The wildfire has, so far, destroyed around 435 hectares of land […]
Indigo Group, a global leader in parking and urban mobility solutions, has signed an agreement to acquire 100% of Parkia Spanish Holding SLU, a public car parking services in Spain, and its subsidiaries. Backed by shareholders Crédit Agricole Assurances, Vauban Infrastructure Partners, and MEAG, the group further strengthens its market position in Spain and Europe. By […]
Funds managed by Apax Partners and Fremman Capital announced they have agreed to acquire co-controlling stakes in Palex Medical. The Southern Europe-based company, being the leading provider of high value-added medical technology (MedTech) equipment and solutions, is to be sold by Fremman and other minority shareholders. Founded in 1955, Barcelona-based Palex Medical is the foremost […]
Lumos Diagnostics (ASX: LDX), a leading name in rapid, point-of-care diagnostic technologies, has entered into a distribution agreement with Henry Schein Medical, S.L.U., for its FebriDx point-of-care test. This agreement expands the distribution of the FebriDx test to Spain and Portugal, significantly broadening the test’s availability in Europe. The FebriDx test is a quick point-of-care […]
Emerging victorious in a gripping five-set battle, the world’s top-ranked tennis player, Carlos Alcaraz Garfia, has won his first-ever grass court Grand Slam title at Wimbledon 2023, creating shockwaves in the world of tennis. This monumental win came after an intense match against Grand Slam titan, Novak Djokovic, crowning the 20-year-old Spanish tennis player Carlos […]
Venus Remedies has made a significant stride by securing marketing authorization from Spain for its top-selling generic product, meropenem. The Indian pharmaceutical company obtained this approval through its German subsidiary Venus Pharma GmbH for the distribution of 500mg, 1g, and 2g injections of this last-resort antibiotic, reinforcing its standing as the largest exporter of meropenem […]
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) […]
Pernod Ricard has introduced Nocheluna Sotol, a handcrafted spirit produced from the sotol (Dasylirion) plant indigenous to Chihuahua, Mexico, in select European countries. The sotol plant, according to Pernod Ricard, flourishes in harsh desert conditions, including scorching dry days and cool nights, which contribute to the creation of its distinctive sotol. These environmental factors enhance […]
General Electric (GE) and Cobra Infrastructuras Hidráulicas have been awarded a contract by Red Eléctrica pertaining to the 200MW Chira Soria pumped storage power plant in Spain. As per the contract given by the Spanish national electricity system transmission agent and operator, the consortium will be responsible to provide half a dozen pumped storage turbines […]
Enagás has agreed to acquire a network of 130km of natural gas pipelines of 80 bar from Reganosa in northwestern Spain for €54 million ($57 million), in a bid to strengthen the supply and decarbonization efforts of Spain and Europe. Under the agreement, Enagás will acquire the entire transmission network, which ensures the supply and […]