Infosys has been selected by Shell Global Solutions International as the commercialization partner of the latter’s Shell Inventory Optimizer solution. Through the partnership, Shell Global Solutions and the Indian IT services provider will launch Shell Inventory Optimizer as the first product for its energy customers. Dan Jeavons — Shell Global Solutions International Vice President Computational […]
Tata Consultancy Services (TCS) said that it has been selected by NXP Semiconductors, a Dutch semiconductor manufacturer, to help it secure connectivity solutions for embedded applications and enrich its user experience and expedite digital transformation. The Dutch chipmaking company is aiming to bring in innovation across the automotive, industrial and Internet of Things (IoT), mobile, […]
Louis Dreyfus Company Holdings has closed the previously announced sale of an indirect 45% stake in Louis Dreyfus Company B.V. (LDC), a Dutch agricultural commodities merchant, to ADQ, an Abu Dhabi-based holding company. The deal was announced by the food and agricultural commodity group in November 2020. As part of the deal, Louis Dreyfus had […]
Tata Consultancy Services (TCS) has been selected by TIG Sports, the organizer of the Dutch Open Golf Tournament (KLM Open) for enriching the golfing event’s participant and spectator experience. In this connection, the Indian IT company said that it will use its know-how in digital technologies and experience in being the title sponsor and working […]
Mollie, a European payment service provider based in the Netherlands, has secured $800 million in a Series C funding round led by funds managed by Blackstone Growth (BXG) to take its valuation to $6.5 billion. Also taking part in Mollie Series C funding round were EQT Growth, General Atlantic, HMI Capital, and Alkeon Capital. Paul Morrissey, […]
Kerry Group, an Irish taste and nutrition company, has agreed to acquire Hare Topco, Inc. trading as Niacet, a global organic salts producer, for €853 million. The sellers of Niacet are an affiliate of funds advised by SK Capital Partners and other shareholders. Niacet is engaged in developing technologies for preservation, serving the bakery and […]
Duravant, a US-based engineered equipment and automation solutions provider, has closed its previously announced acquisition of Foodmate, a manufacturer of poultry processing equipment, for an undisclosed price. Foodmate has headquarters in Ball Ground, Georgia, and also in Numansdorp in the Netherlands. The deal was announced in April 2021 and was closed in late May. According […]
Reckitt Benckiser Group has agreed to divest 92% stake in Infant Formula and Child Nutrition business in China (IFCN China) to Primavera Capital Group, a Chinese investment firm, for about $1.3 billion in cash. The deal values 100% of the Chinese infant formula business at $2.2 billion. Reckitt Benckiser will retain a stake of 8% […]
Onward Technologies, an Indian digital and engineering services company, said that its board of directors has sanctioned the creation of a fully-owned subsidiary in the Netherlands, called Onward Technologies B.V. The Dutch subsidiary will help the company growing its presence to execute engineering designing and IT services in the region. It has been issued capital […]
Tata Consultancy Services (TCS) has launched a co-innovation and advanced research center called TCS Pace Port Amsterdam, which has been designed for helping customers to navigate their growth and transformation journeys successfully. According to the Indian IT services firm, TCS Pace Port Amsterdam will serve as a hub for its teams for co-innovating with European […]