Economy of the Netherlands

DSM reports H1 2021 results

Tuesday, August 3, 2021 - 6:00am

On 31 March 2021, DSM acquired the flavor and fragrance bio-based intermediates business of Amyris, Inc., extending its offerings in Personal Care & Aroma Ingredients.

Key Points: 
  • On 31 March 2021, DSM acquired the flavor and fragrance bio-based intermediates business of Amyris, Inc., extending its offerings in Personal Care & Aroma Ingredients.
  • On 1 April 2021, DSM closed the sale of DSM's Resins & Functional Materials business (including DSM Niaga, DSM Additive Manufacturing and the coatings activities of DSM Advanced Solar) to Covestro AG.
  • In H1 2021, DSM made significant progress on improving its environment impact.
  • DSM has also stepped up its broad inclusion and diversity efforts, supporting highly-motivated employee resource groups and improving female representation at the executive level in H1 2021.

EQT Private Equity exits Curaeos to Colosseum Dental Group

Monday, August 2, 2021 - 2:15pm

STOCKHOLM, Aug. 2, 2021 /PRNewswire/ -- EQT is pleased to announce that the EQT VII fund ("EQT Private Equity") has signed a definitive agreement to exit Curaeos (the "Company") to Colosseum Dental Group, a Zurich-based global dental service organization owned by family-owned Jacobs Holding AG ("Jacobs Holding").

Key Points: 
  • EQT Private Equity exits Curaeos, a pan-European dental service organization with activities in the Netherlands, Germany, Italy, Belgium, and Denmark, to Colosseum Dental Group
    Under EQT Private Equity's ownership, Curaeos has made significant investments in integrating its network of 186 dental clinics and improving operational efficiencies, which has supported a successful transformation of the business amid the Covid-19 pandemic
    Curaeos will continue its next phase of development together with Colosseum Dental Group, creating the leading European dental platform under the ownership of family-owned Jacobs Holding
    STOCKHOLM, Aug. 2, 2021 /PRNewswire/ -- EQT is pleased to announce that the EQT VII fund ("EQT Private Equity") has signed a definitive agreement to exit Curaeos (the "Company") to Colosseum Dental Group, a Zurich-based global dental service organization owned by family-owned Jacobs Holding AG ("Jacobs Holding").
  • Shortly after EQT Private Equity acquired Curaeos in 2017, the Company entered a challenging period caused by internal complexities.
  • As Curaeos' operations were heavily impacted by the Covid-19 pandemic and lockdowns, EQT Private Equity initiated a restructuring process in 2020.
  • Curaeos will continue its next phase of development together with Colosseum Dental Group, creating the leading European dental platform.

VEON Board member steps down

Thursday, July 15, 2021 - 6:00am

AMSTERDAM, July 15, 2021 /PRNewswire/ --VEON Ltd. (NASDAQ: VEON), (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announced thatStephen Pusey has stepped down as a director fromthe VEON Board (the "Board").

Key Points: 
  • AMSTERDAM, July 15, 2021 /PRNewswire/ --VEON Ltd. (NASDAQ: VEON), (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announced thatStephen Pusey has stepped down as a director fromthe VEON Board (the "Board").
  • Mr. Pusey, who has been on the Board since June 2020, will be focusing on other commitments.
  • Gennady Gazin, Chairman of the Board, said: "We thank Steve,who is a recognized leader in the industry, for his many valuable contributions to the Company."
  • Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate.

EQT Infrastructure acquires Meine Radiologie and Blikk to form a leading radiology and radiotherapy provider in Germany

Friday, July 9, 2021 - 5:36pm

Following the closing of the transactions, the combination of the two companies will create a leading radiology and radiotherapy platform in Germany.

Key Points: 
  • Following the closing of the transactions, the combination of the two companies will create a leading radiology and radiotherapy platform in Germany.
  • Dr. Dr. Dirk Knppel, Chief Executive of Meine Radiologie, said, "We are excited to welcome EQT Infrastructure as our new owner and our Blikk colleagues as new partners.
  • Dr. Thilo-Andreas Wittkmper, Chief Executive of Blikk, said, "The Blikk management team is looking forward to building a leading radiology provider in Germany with the support of EQT Infrastructure and alongside our fellow colleagues at Meine Radiologie.
  • Meine Radiologie Holding is one of the leading providers of (outpatient) imaging/ radiology services in Germany.

EQT Private Equity to sell Igenomix to Vitrolife for an enterprise value of EUR 1.25 billion

Thursday, July 8, 2021 - 4:51pm

EQT Private Equity acquired a majority stake in Igenomix in 2019, alongside Charme Capital Partners, Igenomix's founder, and management.

Key Points: 
  • EQT Private Equity acquired a majority stake in Igenomix in 2019, alongside Charme Capital Partners, Igenomix's founder, and management.
  • Under EQT Private Equity's ownership, Igenomix has strengthened the organization in particular through the improvement of digital go-to-market and sales capabilities.
  • David Jimenez, CEO of Igenomix, commented, "Igenomix has been on a fantastic journey with EQT and Charme Capital Partners as owners.
  • Igenomix is a great example of how EQT Private Equity's value-add approach can support Spanish companies in becoming global market leaders".

VEON announces the exercise of its put option to sell its stake in Djezzy

Thursday, July 1, 2021 - 1:59pm

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services.

Key Points: 
  • VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services.
  • Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate.
  • The forward-looking statements contained in this release speak only as of the date of this release.
  • Furthermore, elements of this release contain or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No.

PRO Unlimited Enters New Phase of Growth by Partnering With EQT

Monday, June 28, 2021 - 5:15pm

EQT is pleased to announce that the EQT IX fund (EQT Private Equity) has agreed to acquire PRO from Harvest Partners and Investcorp.

Key Points: 
  • EQT is pleased to announce that the EQT IX fund (EQT Private Equity) has agreed to acquire PRO from Harvest Partners and Investcorp.
  • The companys full suite of offerings will be supported by organic and non-organic growth via its partnership with EQT.
  • The contingent labor industry is experiencing strong growth, fueled by workers desire for increased autonomy and flexibility, said Kevin Akeroyd , CEO of PRO Unlimited.
  • Kasper Knokgaard, Partner within EQT Private Equitys Advisory Team, said, EQT is excited to invest in PRO Unlimited and partner with CEO, Kevin Akeroyd, the full PRO Unlimited team and Harvest Partners as the company embarks on the next phase of continued growth.

EQT Private Equity to acquire PRO Unlimited, a leader in contingent workforce management

Monday, June 28, 2021 - 5:18pm

- EQT Private Equity to acquire PRO Unlimited, a leading provider of integrated contingent workforce management solutions through its holistic platform which includes managed service program, vendor management software, direct sourcing and data and analytics capabilities

Key Points: 
  • - EQT Private Equity to acquire PRO Unlimited, a leading provider of integrated contingent workforce management solutions through its holistic platform which includes managed service program, vendor management software, direct sourcing and data and analytics capabilities
    STOCKHOLM, June 28, 2021 /PRNewswire/ -- EQT is pleased to announce that the EQT IX fund ("EQT Private Equity") has agreed to acquire PRO Unlimited Global Solutions Inc. ("PRO Unlimited" or the "Company"), a leader in contingent workforce management solutions, from funds managed by Harvest Partners, LP and its affiliates ("Harvest Partners") and Investcorp.
  • Following the close of the transaction, EQT Private Equity will be the majority shareholder and the existing PRO Unlimited management team will continue to operate the business.
  • PRO Unlimited was established in 1991 to assist large companies in managing their contingent workforce to better attract specialist talent seeking a more flexible work solution.
  • EQT Private Equity was advised by BofA Securities, Sidley Austin LLP, McKinsey & Company and Alvarez & Marsal.

Report: Cost of construction disputes increased dramatically in 2020

Thursday, June 17, 2021 - 5:13pm

HIGHLANDS RANCH, Colo., June 17, 2021 /PRNewswire/ --A report released today by Arcadis reveals a significant increase in the cost of construction disputes in 2020, while the time taken to resolve disputes decreased.

Key Points: 
  • HIGHLANDS RANCH, Colo., June 17, 2021 /PRNewswire/ --A report released today by Arcadis reveals a significant increase in the cost of construction disputes in 2020, while the time taken to resolve disputes decreased.
  • The average value of disputes globally rose from $30.7 million in 2019 to $54.26 million in 2020, while the length of disputes fell from 15 months in 2019 to 13.4 months.
  • The data, featured in Arcadis' 11th annual " Global Construction Disputes Report 2021: The road to early resolution ," illustrates industry-wide ripple effects of the COVID-19 pandemic.
  • The research presented in the report was compiled by Arcadis based on survey responses, global construction disputes the team handled in 2020 and contributions from industry experts.

Share Buyback Transaction Details June 10 – June 16, 2021

Thursday, June 17, 2021 - 9:00am

We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Key Points: 
  • We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
  • The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,200 people worldwide.
  • Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
  • This press release contains information which is to be made publicly available under Regulation (EU) 596/2014.