(AOF) – Believe
Believe strengthens its leadership position in the fast growing Indian market with the acquisition of Think Music, a leader in the South Indian film soundtrack segment. The French group has acquired an initial 76% stake for an amount of around 13 million euros. The valuation reflects the strong growth in the business and the highly profitable catalog with perpetual rights held by Think Music, Believe said.
Biosynex holds 18.82% of the capital and 18.89% of the voting rights of Theradiag. The test maker has acquired shares of the company specializing in in vitro diagnostics in the market. He also participated in the capital increase with maintenance of preferential subscription rights for Theradiag shareholders, which closed on November 24, 2021.
In the third quarter of 2021, the Dékuple group achieved sales of 41.6 million euros, up 21.5% over one year. At the end of the first nine months of the year, consolidated sales amounted to 117.1 million euros (+ 18.2%). Gross Business Volume stood at 229.7 million (+ 11%), and the gross margin stood at 97.2 million euros (+ 13.6%). In France (90% of turnover), the media and digital marketing group saw its activity improve by 16.5%, while Spain grew by 36.2%.
Elis announced the acquisition of 100% of Chrisal Skadedyrsservice A / S, a Pest Control company based in Stenderup, Denmark. The group employs 15 people and covers the entire country, with a strong presence in the Jutland region. The 2021 turnover should be around 3 million euros with very good profitability, specifies the French. The current management will remain in place and will help accelerate the development of the activity in the country. This acquisition will be consolidated in the accounts from December 1, 2021.
Eurofins has just announced the launch of a new screening tool for the B.1.1.529 variant. The GSD NovaType Select is a set of RT-PCR tests that specifically detect mutations in the SARS-CoV-2 genome in about 1 hour, much faster than genome sequencing methods. It can thus differentiate the B.1.1.529 variant from the currently dominant Delta variant and can be used as a large-scale screening test.
Faurecia has adjusted its 2021 targets downwards. The French automotive supplier takes into account three impacts: the new downward revision of automotive production in Europe, the difficulties in making it more flexible and compensating for the costs relating to production shutdowns / restarts and finally, exceptional costs linked to difficulties in launching a program in the United States.
On Sunday, LVMH announced the death of Virgil Abloh. Since March 2018, the American designer, creator of the Off-White brand in 2013, was artistic director of the Louis Vuitton men’s collections. In July 2021, LVMH had become the majority shareholder of Off-White. Since then, LVMH and Virgil Abloh have announced that they want to further extend their collaboration with a view to launching new brands and jointly imagining new partnerships in different sectors, beyond that of fashion.
TotalEnergies is commissioning its largest photovoltaic solar power plant in France, with a capacity of 55 megawatts (MW). This power station, located north-east of Gien (Loiret), is made up of 126,000 photovoltaic panels installed on 75 hectares of land. This installation will produce around 64 GWh per year, the equivalent of the annual electricity consumption of 38,000 people, and will prevent the release into the atmosphere of more than 550,000 tonnes of CO2 over the life of the plant. .
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