Day: June 27, 2021

New York, June 28, 2021 (GLOBE NEWSWIRE) — Battery Recycling Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Battery Recycling Market  Research Report, by Chemistry, Application, Source and Region  – Forecast till 2027” market size grows from USD 17.2 billion in 2020 to USD 25.10 billion by 2027 and register a sustained CAGR of about 6.25% from 2020 to 2027. Market Analysis The battery recycling market growth is largely driven by rising concerns over battery waste disposal and strict government policies in light of the increased usage of lithium-ion battery. This increase in usage is attributable to the decline in lithium-ion battery prices and growing adoption of electric vehicles which largely depend on this battery type. The toxic waste that comes from manufacturing new...

Highlights:Dorman Products, Inc. signed a definitive agreement to acquire Dayton Parts, a leading independent heavy-duty undercarriage aftermarket component supplier for $338 million. The addition of Dayton Parts accelerates Dorman’s heavy-duty growth strategy by adding large and complementary offerings of undercarriage components in the commercial vehicle aftermarket, a vast distribution network and a trusted brand with over 100 years of experience. The acquisition is expected to be immediately accretive to adjusted diluted earnings per share, excluding one-time charges and acquisition-related intangible assets amortization. In connection with the transaction, Dorman expects to enter into a new $600 million revolving credit facility.COLMAR, Pa., June 27, 2021 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”)...

BROOKFIELD, News, June 27, 2021 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) (“Brookfield Business Partners”) together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire Modulaire Group (“Modulaire”) for approximately $5 billion. Modulaire is a leading provider of modular leasing services in Europe and Asia-Pacific meeting the needs of a diversified customer base across the industrial, infrastructure and public sectors. With a global fleet of approximately 260,000 modular units across 25 countries, Modulaire services more than 48,000 customers through an established network of approximately 180 branches. Its modular units provide customers a wide range of attractive, cost effective and environmentally friendly solutions for temporary space...