Spanish pharma company Grifols has agreed to acquire Tiancheng (Germany) Pharmaceutical, which holds nearly 90% stake of German publicly listed healthcare company Biotest. The deal values 100% of Biotest at €1.6 billion. Grifols will acquire Tiancheng (Germany) Pharmaceutical from Hong Kong-registered Tiancheng International Investment. The consideration is made up of €773 million and a loan […]
Berlin Packaging, a US-based hybrid packaging supplier, has acquired Spanish packaging firm Juvasa Group for an undisclosed price. Juvasa Group is made up of various companies engaged in catering to the food and beverage industry with glass, plastic, and metal packaging. Established in 1987, the Juvasa Group supplies jars and bottles for olive oil, sauces, […]
HCL Technologies has appointed a new country head of Spain and Portugal in the form of Adolfo Calviño Asensio to fast track business growth in the region across all major industry verticals. The Indian IT services company said that the important appointment is the first of various strategic investments it intends to make in Iberia […]
National Express Group, a British multinational public transport company, has acquired Spain-based Transportes Rober for €13 million. Transportes Rober for more than 20 years has operated the urban bus contract in the Spanish city of Granada. Its acquisition is said to be the next step for National Express Group in strengthening the regional and urban […]
German wind turbine manufacturer Nordex Group has bagged an order from an undisclosed customer for its Delta4000 series turbines for a total capacity of 76.8 MW for a wind farm in Spain. As per the order, Nordex will supply 16 N155/4.8 turbines for what is an expansion phase of a wind farm located in central […]
Spanish hotel chain RIU Group has signed a deal worth €670 million to acquire from a 49% stake held by German travel company TUI Group in 19 hotel properties operated under the RIU Hotels & Resorts brand. The hotel assets involved in the deal are located across four continents. Two of them are currently under […]
Sociedad de Infraestructuras y Equipamientos Penitenciarios y de la Seguridad del Estado (SIEPSE), a Spanish state prison infrastructure company, has given a contract to a joint venture led by ACCIONA for the construction of San Sebastián’s new prison – Norte III. The Norte III project is worth €41.35 million and has a delivery period of […]
British private pension fund Universities Superannuation Scheme (USS) has acquired a stake of 50% in Bruc Energy, a Spain-based solar energy platform, for €225 million. Bruc Energy is an investment vehicle established by Canadian pension fund OPTrust and Juan Béjar, a Spanish businessman. It operates as a Spain and Portugal renewables-focused investment vehicle. Universities Superannuation […]
Arcline Investment Management has acquired Polypeptide Therapeutic Solutions (PTS), a Spanish manufacturer of polyaminoacid-based drug delivery systems, from Columbus Venture Partners. The financial terms of the deal were not disclosed by the parties. Polypeptide Therapeutic Solutions is engaged in manufacturing polyamino-acid (PAA) based nanoparticle encapsulation technology for advanced drug delivery applications, which include mRNA, DNA, […]
Lightsource bp, a prominent US-based solar developer, has significantly expanded its footprint in the Spanish solar market with the acquisition of an 845 megawatt (MW) portfolio from local developer Iberia Solar. While the financial details of the transaction remain undisclosed, the strategic acquisition is part of Lightsource bp’s aggressive expansion in Spain’s renewable energy sector. […]