Deals
Vallourec Merges its Two Main Brazilian Companies into Vallourec Soluções Tubulares do Brasil Vallourec, world leader in premium tubular solutions, has finalised the merger of Vallourec Tubos do Brasil (VBR) and Vallourec & Sumitomo Tubos do Brasil (VSB). Vallourec holds a majority stake of 84.6% in the new entity, called Vallourec Soluções Tubulares do Brasil, Nippon Steel & Sumitomo Metal Corporation (NSSMC) 15%, and Sumitomo Corp. 0.4%. Following the merger, Vallourec Soluções Tubulares do Brasil will generate significant industrial and administrative synergies and will fully benefit from the optimal performance reached by VSB’s state-ofthe-art PQF mill and premium finishing facilities, making it a highly competitive production hub.
entity will be fully consolidated in Vallourec’s financial statements and the interests held Commenting on the merger, Philippe Crouzet, Chairman of the Management Board, noted: “The successful merger of VBR and VSB is an important step in the development of a highly competitive production hub in Brazil. Vallourec Soluções Tubulares do Brasil will serve its domestic customers as well as its worldwide customers with high-end products and solutions. It also highlights the strong and fruitful partnership between Vallourec and NSSMC.”
NSSMC will keep its present purchase agreement for 300kt of tubes per year to be manufactured in the Jeceaba plant. The new
The merger is part of Vallourec’s global Transformation Plan announced in February 2016, which aims at enhancing the Group’s competitiveness
Q4 Inc. Acquires Euroinvestor IR Solutions
offer all of Q4’s superior investor website, webcasting, desktop and shareholder ID services to all of our current and new clients. This is an exciting time for us and for all of our clients.”
Q4 Inc., a global leader in cloud-based investor relations and capital market solutions, has acquired Euroinvestor IR Solutions, Europe’s leading provider of interactive stock quotes, charting and news applications for investor relations websites.
Euroinvestor IR solutions was established in 2003 by Euroinvestor.com A/S to provide stock quotes and charts to European clients. Over the past 13 years they have grown their technology platform to provide a wide array of quote and charting related applications including: Interactive Charts, Mini Quotes, XML, JSON Feeds, Investment Calculators, Historical Price Look Ups, Benchmark Tables, Latest Trades, Regulatory News, Email Alerts, Consensus Forecast Data, Interactive KPIs, Factsheets, and Mobile Apps & APIs.
The newly formed subsidiary will be known as Q4 Euroinvestor. Its head office, management team and workforce will continue to be based in Copenhagen, Denmark. The firm also plans to grow its workforce adding to the customer success, support and sales teams and to open offices in the UK and France in the near future. “With Euroinvestor IR Solutions, Q4 is gaining global technology and one of Europe’s leading providers of investor relations quotes, charts and news apps”, said Darrell Heaps, CEO, Q4. “We see this as a huge opportunity. Not only will this acquisition accelerate our growth, it will extend the value of all of our offerings and allow us to work with any listed company, in any country around the globe. This is a transformational opportunity for Q4.” “Listed companies in Europe and the world over now focus the majority of their communication efforts through their website and mobile applications”, said Carsten Bach, Euroinvestor IR Solutions, general manager. “Joining Q4 will allow us to grow faster and
The platform, which supports 45 worldwide stock exchanges in 21 languages, will be used by Q4 to expand the coverage available in its market leading investor website product and Q4 Desktop - the IR industry’s first, fully-integrated investor relations desktop, which integrates communications tools, surveillance and analytics into a fully featured IR workflow and CRM applications. The acquisition of Euroinvestor IR Solutions reinforces Q4’s dominance as the fastest growing provider of IR products and services in North America, Europe and the UK. Now with over 1,200 global clients, Q4 is firmly positioned to continue its strong growth trajectory into 2017 and beyond.
October 2016 Corporate INTL
75