LUXEMBOURG > Australia based Macquarie Group investment management division, Macquarie Investment Management, is set to acquire Luxembourg based ValueInvest Asset Management S.A

Macquarie logo Macquarie Investment Management is set to acquire ValueInvest Asset Management. A specialized asset management business that pursues a unique value- oriented investment strategy, ValueInvest invests across the globe and in Japanese equities. ValueInvest is headquartered in Grand Duchy of Luxembourg and has around €4 billion ($4.94 billion) in assets under management as of 31 December 2017. Although the terms of More …

CANADA > USA based Huntsman Corporation is set to acquire Canada’s Demilec Inc.

huntsman logo One of North America’s leading manufacturers and distributors of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, Demilec Inc. is set to be acquired by USA based Huntsman Corporation. Having annual revenue of approximately $170 million and two manufacturing facilities located in Arlington, Texas and Boisbriand, Quebec, Demilec Inc. produces a full suite of MDI based SPF More …

SLOVAKIA > US based Magna Mirror has relocated its existing manufacturing factory in Nove mesto nad Vahom to a larger facility investing additional $30 million

Magna logo Due to business growth, Magna Mirror has relocated to a larger facility investing $30 million and creating additional 150 new jobs. The new investment will go primarily to refurbish the building and install a new automated paint line. Almost twice the size of the existing facility, the new factory will be 27820 square meters. Magna is already serving its customers More …

USA > Sweden based IKEA Group acquires its first U.S. forest property of approximately 25000 acres in Alabama, U.S

Ikea logo Acquiring its first U.S forest property, IKEA Group invests in forestry as a party of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes. This new 25,000 acres in Lowndes County, Alabama in addition to the 25,0000 acres  forest land located in Romania and the Baltic States. According to Krister Mattsson, Head of Financial More …

BERMUDA > U.S based AIG is set to acquire Bermuda based Validus Holdings for $5.56 billion in cash

AIG logo AIG, leading global American insurance group, is set to acquire all outstanding common shares of Validus Holdings. Validus Holdings is also a leading provider of reinsurance, primary insurance and asset management service company. Validus common shares will be traded at $68 per share for a total transaction value of $5.56 billion in cash. AIG General Insurance will benefit from the More …

SINGAPORE > Japan based AOI TYO Holdings Inc. invests $5 million in the VC firm Spiral Ventures

AOI TYO Holdings logo Investing $5 million in Spiral Ventures, Japan based AOI TYO Holdings has entered into the Asian market. After its establishment in February 2013, Spiral Ventures Pte. Ltd. mainly invests in startups in the early to growth stage in Southeast Asia in the areas which have high target rates for economic growth. While maintaining strict risk management and compliance, including the More …

REPUBLIC OF SAN MARINO > U.S based Kemin Industries acquires Garmon Chemical, an international provider of chemical auxiliaries

Kemin logo Kemin Industries, a global ingredient company is set to acquire the textile auxiliary business of Garmon Chemicals and its sister company, The Italian Job. Garmon Chemicals is an international supplier of chemical auxiliaries, innovation and creativity for garment processing. Kemin industries uses science for its global ingredient business to touch the lives of 3.8 billion people every day with its More …

LUXEMBOURG > Lawson Conner Group and Fuchs Asset Management team up to expand its ManCo services to offer a one –stop solution to its international client base

Lawson Conner logo Two leading investment management firms have collaborated for one- stop solution for ManCo services into Luxembourg. Lawson Conner Group is teaming up with Fuchs Asset Management. Lawson Conner Group is a compliance and regulatory outsourcing firm while Fuchs Asset Management is the asset management arm of a well-established, family-run finance group, located in Luxembourg, Belgium and Switzerland. According to Gerhard Grueter, Managing Director of Lawson More …