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Day: April 19, 2021

Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office

Brings Together Complementary Portfolios of Exceptional Brands for Commercial and Residential Settings Enhances Scale and Capabilities to Drive Growth and Profitability Accelerates Digital Transformation Drives Strong Financial Benefits Including $100 Million in Expected Run-Rate Cost Synergies Within Two Years of Closing Supported by Shared Culture and Commitment to Design, Innovation, Operational Excellence and Sustainability Companies to Host Conference Call and Webcast at 8:30 a.m. ET Today ZEELAND, Mich. and EAST GREENVILLE, Pa., April 19, 2021 (GLOBE NEWSWIRE) — Herman Miller, Inc. (NASDAQ: MLHR) and Knoll Inc. (NYSE: KNL) today announced that they have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock transaction valued at $1.8 billion. The transaction, which has been unanimously...

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Hillman Acquires OZCO Building Products

CINCINNATI, April 19, 2021 (GLOBE NEWSWIRE) — The Hillman Companies, Inc. (NYSE-AMEX: HLM.PR) (the “Company” or “Hillman”), a leader in the hardware and home improvement industry, announced today that it has acquired OZCO Building Products (“OZCO”). With annual net revenue of approximately $18 million, OZCO is a leading manufacturer of superior quality outdoor hardware in the U.S. and Canada. It is best known for originating the Ornamental Wood Ties hardware category. OZCO offers structural fasteners and connectors across 14 product lines for use in decks, benches, fences, gates, gardens, pergolas, planters, posts and other general construction needs. With over 200 SKU’s and 23 U.S. patents, OZCO serves retail DIY customers and building professionals through a distribution network reaching over 1,000 stores and hundreds of independent...

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Radisson Hotel Group debuts its fourth brand in Dubai with the opening of Radisson Hotel Dubai DAMAC Hills

Radisson Hotel Group debuts its fourth brand in Dubai Radisson Hotel Group is proud to announce the debut of its fourth brand in the United Arab Emirates, the upscale Radisson, with the opening of Radisson Hotel Dubai DAMAC Hills. This latest addition brings the group’s presence to 14 hotels in the United Arab Emirates and 77 hotels, resorts and serviced apartments in operation and under development across the Middle East. Located in a newly-developed, family-friendly neighborhood, the Radisson Hotel Dubai DAMAC Hills is a perfect home base for both business and leisure travelers alike. The hotel is conveniently situated close to a range of activities and attractions including the nearby IMG Worlds of Adventure, Global Village and Dubai Autodrome. An ideal location for golfers, Radisson Hotel Dubai DAMAC Hills is in close proximity to...

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ChampionX Announces Investment in QLM Technology Ltd

THE WOODLANDS, Texas, April 19, 2021 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX) announced today the completion of an investment in QLM Technology Ltd, which has developed a revolutionary quantum gas camera with a unique ability to detect, visualize and quantify emissions of methane, helping organizations to achieve net zero through mitigation of emission sources. “This investment in QLM is consistent with our strategic priority of evaluating opportunities to leverage our core capabilities across the energy market and natural adjacencies to evolve our portfolio for sustained growth through the energy transition,” said Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer of ChampionX. “We are excited to have ChampionX involved in this funding round as the depth and breadth...

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GameSquare Esports Congratulates the REC.LGD Team for Winning the CrossFire Grand Final in China

TORONTO, April 19, 2021 (GLOBE NEWSWIRE) — GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (“GameSquare”, “GameSquare Esports” or the “Company”), an international gaming and esports company, congratulates the REC.LGD team for outstanding results at the CrossFire Mobile League (“CFML”) and the CrossFire Pro League (“CFPL”) Grand Final held in China. The team won its second consecutive season in the CFML, overcoming eStar Gaming in an exciting league final and the CFPL team placed second in their grand final against All Gamers. The team has shown steady progress throughout the season and receives prize money of 1,750,000 RMB for their efforts in the grand final matches and throughout the CrossFire seasons. CrossFire is one of the biggest games globally with a lifetime total of 1 billion users in 80 countries worldwide. “I am thrilled...

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TELUS congratulates the Honourable John P. Manley, P.C., O.C. on Institute of Corporate Directors Fellowship Award

VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) — TELUS proudly congratulates one of the longest-serving members of its Board of Directors, the Honourable John P. Manley, P.C., O.C., for receiving a 2021 Institute of Corporate Directors (ICD) Fellowship Award. The ICD Fellowship Award recognizes excellence by corporate directors in Canada and honours individuals who have made outstanding contributions to Canadian enterprises and not-for-profit organizations through their governance leadership in the boardroom. “On behalf of the TELUS team and our Board of Directors, I extend my enthusiastic congratulations to John on this well-deserved recognition,” said Darren Entwistle, President and CEO, TELUS. “As a member of our Board, John has demonstrated exceptional professionalism, guidance and integrity, contributing to TELUS’...

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TELUS félicite l’honorable John P. Manley, C.P., O.C. pour son titre de fellow de l’Institut des administrateurs de sociétés

VANCOUVER, Colombie-Britannique, 19 avr. 2021 (GLOBE NEWSWIRE) — TELUS félicite avec fierté l’un des plus anciens membres de son conseil d’administration, l’honorable John P. Manley, C.P., O.C. pour avoir reçu le prix des fellows de l’Institut des administrateurs de sociétés (IAS). Le titre de fellow de l’IAS souligne l’excellence parmi les administrateurs de sociétés canadiens et rend hommage à ceux qui ont apporté une contribution exceptionnelle aux entreprises et aux organisations sans but lucratif dans l’ensemble du pays par leur leadership en gouvernance au sein des conseils d’administration. « Au nom de l’équipe TELUS et du conseil d’administration, j’envoie toutes mes félicitations à John pour ce titre bien mérité, a déclaré Darren Entwistle, président et chef de la direction de TELUS. Au sein du conseil, John a fait preuve...

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Surface Oncology Named a 2021 Best Places to Work Company by Boston Business Journal

CAMBRIDGE, Mass., April 19, 2021 (GLOBE NEWSWIRE) — Surface Oncology, a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, today announced that it has been recognized by the Boston Business Journal as one of the Best Places to Work in 2021. This exclusive distinction features Massachusetts companies that have built outstanding work environments. “This honor is a credit to every member of the Surface team. We strive to foster an environment with a strong sense of community and shared commitment to learning and working together to develop life-changing therapies for patients with cancer,” said Rob Ross, M.D., chief executive officer at Surface Oncology. “We are thrilled to be recognized as a Best Places to Work company, and remain committed to nurturing a vibrant,...

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Gilat Awarded Over $20 Million in Orders for Support of Low Earth Orbit Constellation

PETAH TIKVA, Israel, April 19, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it received orders of over $20 million for support of gateways of Low Earth Orbit (LEO) constellations. Gilat’s subsidiary, Wavestream, was chosen as the vendor of choice to supply Gateway Solid State Power Amplifiers (SSPAs) to a leading satellite operator to support the LEO constellation gateways. The orders were received as part of the previously announced contract. Wavestream’s Gateway-Class PowerStream 160Ka SSPAs, designed specifically for networks using wide bandwidth uplinks and high order modulation schemes, were selected because of their best-in-class technical performance and their unmatched reliability...

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