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Brenntag acquires lubrication business in the US

17-Jan-2019

Brenntag has signed an agreement to acquire the lubricants division of Reeder Distributors, Inc. that is a regional, integrated lubricant distributor headquartered in Fort Worth, Texas, USA. Reeder Distributors’ fuel and equipment divisions are not part of the acquisition. The company services ...

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New PAREXEL division supports emerging biotech companies

08-Jan-2019

PAREXEL International Corporation introduced a new, dedicated division to support emerging biotech companies in reaching their drug development and commercialization goals quickly and cost-effectively. PAREXEL Biotech builds on the Company’s heritage of clinical, regulatory, commercial and ...

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Spectro Scientific acquired by AMETEK

30-Nov-2018

Spectro Scientific has been purchased by AMETEK, Inc. Spectro has annual sales of approximately $50 million and was acquired for approximately $190 million. Spectro was a privately held company and is headquartered in Chelmsford, Massachusetts. It joins AMETEK as part of its Electronic ...

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Almirall builds the largest self-consumption photovoltaic plant in Catalonia

Generating 1,200 MWh per year, avoiding more than 479 tons of CO2

29-Nov-2018

Almirall, S.A has completed the construction of an innovative 800 kWp photovoltaic plant, located in its pharmaceutical plant in Sant Andreu de la Barca (Barcelona), which aims to save 12% of the electrical energy consumption from the site. This initiative is part of the company's policy to ...

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Perstorp announces sale of its BioProducts business

27-Nov-2018

Perstorp announced the sale of Perstorp BioProducts, a leading producer of biodiesel and glycerine in Scandinavia, to a Swedish investor together with a member of the subsidiary’s management team. The terms of the transaction were not disclosed. The sale includes the production site in ...

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Merck has a good third quarter

Strong organic sales growth impacted by negative exchange rate effects

14-Nov-2018

Merck generated very strong organic sales growth in the third quarter of 2018. However, this was impacted by negative exchange rate effects. Despite organic growth, EBITDA pre of the Group also declined in comparison with the year-earlier quarter owing to strong negative foreign exchange effects. ...

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Brenntag continues to grow in the third quarter and confirms forecast for full-year 2018

08-Nov-2018

Brenntag posted further growth in the third quarter of 2018, recording an increase in its two key performance indicators operating gross profit and operating EBITDA. In light of the generally sound performance, the Brenntag Group is confirming its forecast for full-year 2018. Brenntag generated ...

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Eurofins closes acquisition of cosmetic testing lab in France

30-Oct-2018

Eurofins Scientific announces that it has successfully closed the acquisition of Laboratoire Dermscan SAS (“Dermscan”), a leading provider of Cosmetic & Personal Care Products Testing services in Europe. Dermscan was founded in 1990 in Lyon as a family-owned business. After nearly three decades ...

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Stora Enso acquires Swedish cellulose technology company

30-Oct-2018

Stora Enso has increased its ownership up to 100% in the Sweden-based company Cellutech AB. The company specialises in the development of new materials and applications based on cellulose, micro-fibrillated cellulose (MFC) and other wood-based components. The acquisition of Cellutech supports ...

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BASF Group increases sales

Earnings below prior-year quarter

26-Oct-2018

In the third quarter of 2018, BASF Group sales rose by 8% year on year to reach €15.6billion. This was primarily attributable to higher sales prices in all segments. Volumes growth and the acquisition of the Bayer businesses in August 2018 also contributed to the sales increase. Negative ...

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