Month: June 2021

Blister Packaging Market worth USD 38.17 billion by 2027, registering a CAGR of 7.2% – Report by Market Research Future (MRFR)

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

New York, June 29, 2021 (GLOBE NEWSWIRE) — Blister Packaging Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Blister Packaging Market Research Report, types, applications , production methods,by materials and Region – Forecast till 2027”. , the market is projected to be worth USD 38.17 billion by 2027, registering a CAGR of 7.2% during the forecast period (2021 – 2027), The market was valued at USD 21.3 billion in 2020. The blister packaging market outlook appears extremely promising. Rapidly growing healthcare and pharmaceutical sectors drive the market demand. In addition, the growth in population with increasing disposable income demands good healthcare and pharmaceutical products. Besides, vast industrialization and economic growth worldwide, alongside the vast...

AC Drives Market worth USD 32.51 billion by 2027, registering a CAGR of 5.97% – Report by Market Research Future (MRFR)

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

New York, June 29, 2021 (GLOBE NEWSWIRE) — AC drives Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “AC drives Market Research Report, Voltage, Application, End Use and Region – Forecast till 2027” The market is projected to be worth USD 32.51 billion by 2027, registering a CAGR of 5.97% during the forecast period (2021 – 2027), The market was valued at USD 19.15 billion in 2020. The AC drives market is growing rapidly, witnessing huge demand. Moreover, the growing energy industry worldwide witnessing increasing production boosts the AC drives market revenues. Increasing penetration of the oil & gas sector and focus on increased energy efficiency provide impetus to the AC drives market value globally. Emerging regions worldwide, with their favorable government policies,...

Electric Motors Market worth USD 176.35 billion by 2027, registering a CAGR of 6.2% – Report by Market Research Future (MRFR)

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

New York, June 29, 2021 (GLOBE NEWSWIRE) — Electric Motors Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Motors Market Research Report, Motor Type, Voltage, Output Power, End-Use and Region – Forecast till 2027”, The market is projected to be worth USD 176.35 billion by 2027, registering a CAGR of 6.2% during the forecast period (2021 – 2027), The market was valued at USD 115.9 billion in 2020. HVAC Industry Drives Worldwide Electric Motors Market The rapid pace of industrialization and commercialization that will propel construction activities around the world – particularly in the Asia Pacific region – will directly drive the global electric motor market expansion. As a result of the increased need for industrial equipment, the global demand for electric...

Lowell Farms Commissioning First-of-its-Kind Cannabis Processing Facility in Salinas Valley

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Facility capable of processing 250,000 lbs. of wholesale cannabis flower annually Commissioning Lowell Farms Services, a new business unit serving California cultivators with midstream processing services Brings additional diversity and volume capacity to our consumer brands Link to Lowell Farms Services Video: https://vimeo.com/568620561 SALINAS, Calif., June 29, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (“Lowell Farms” or the “Company”) (CSE:LOWL; OTCQX:LOWLF) announced that it has acquired real property and related assets and is commissioning a first-of-its-kind cannabis drying and midstream processing facility located in Monterey County, nearby Lowell’s flagship cultivation operation. The 10-acre, 40,000 sq ft processing facility will provide drying, bucking, trimming, sorting, grading, and packaging operations for up to 250,000...

Cryogenic Pump Market worth USD 7.34 billion by 2027, registering a CAGR of 8.27% – Report by Market Research Future (MRFR)

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

New York, June 29, 2021 (GLOBE NEWSWIRE) — Cryogenic pump Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Cryogenic pump Market Research Report, Type, Gas, End-Use and Region – Forecast till 2027” The market is projected to be worth USD 7.34 billion by 2027, registering a CAGR of 8.27% during the forecast period (2021 – 2027), The market was valued at USD 3.91 billion in 2020. Multiple Factors to Augment Market Growth The primary forces responsible for the growth of the cryogenic pump market trends include an increase in gas-based power generation and increase in demand for power and energy industry in practically all regions. The need for cryogenic pumps has increased in tandem with the rising demand for cryogenic pumps. With rising power sector demand, the need for...

SalMar – Scottish Sea Farms Ltd. enters into a Share Purchase Agreement to acquire Grieg Seafood Hjaltland UK Ltd.

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Scottish Sea Farms Ltd. (“SSF”), a vertically integrated Scottish salmon farming company owned 50/50 by Lerøy Seafood Group ASA and SalMar ASA, has today, 29 June 2021, signed a Share Purchase Agreement to acquire 100% of the Shares in Grieg Seafood Hjaltland UK Ltd. (“GSHU”) from Grieg Seafood ASA (the “Transaction”). The purchase price on a cash and debt free basis, and assuming a normalized level of working capital, is set to GBP 164 million. GSHU is a vertically integrated Scottish salmon farming company with operations on Shetland and Isle of Skye. The company has currently 21 active seawater sites, a freshwater facility, and a processing facility, and harvested approximately 16,000 tonnes (HOG) of Atlantic salmon in 2020. SSF is one of the largest salmon farmers in Scotland and has operations on mainland, Orkney and Shetland. SSF...

Grieg Seafood ASA sells its Shetland operations for GBP 164 million

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Grieg Seafood ASA (the Company) has entered into an agreement with Scottish Sea Farms Ltd for the disposal of all shares in Grieg Seafood Hjaltland UK Ltd, the parent company of Grieg Seafood ASA’s Shetland business. The enterprise value is set to GBP 164 million, assuming a normalized working capital, and to be adjusted for cash and debt. The transaction is subject to certain customary closing conditions. It is expected to close within Q4 2021, depending on processing time with relevant competition authorities. Commenting on the transaction, Andreas Kvame, CEO of Grieg Seafood ASA, said: “The discontinuation of our salmon farming operations in Shetland is part of our communicated strategy, and the disposal represents an important milestone in Grieg Seafood’s strategy to concentrate future farming activities in Norway and Canada, where...

Lerøy Seafood Group ASA: Scottish Sea Farms Ltd. enters into a Share Purchase Agreement to acquire Grieg Seafood Hjaltland UK Ltd.

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

Scottish Sea Farms Ltd. (“SSF”), a vertically integrated Scottish salmon farming company owned 50/50 by Lerøy Seafood Group ASA and SalMar ASA, has today, 29th June 2021, signed a Share Purchase Agreement to acquire 100% of the Shares in Grieg Seafood Hjaltland UK Ltd. (“GSHU”) from Grieg Seafood ASA (the “Transaction”). The purchase price on a cash and debt free basis, and assuming a normalized level of working capital, is set to GBP 164 million. GSHU is a vertically integrated Scottish salmon farming company with operations on Shetland and Isle of Skye. The company has currently 21 active seawater sites, a freshwater facility, and a processing facility, and harvested approximately 16,000 tonnes (HOG) of Atlantic salmon in 2020. SSF is one of the largest salmon farmers in Scotland and has operations on mainland, Orkney and Shetland....

Concentrated Solar Power Market to reach USD 16.41 billion by 2027 – Report by Market Research Future (MRFR)

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

New York, June 29, 2021 (GLOBE NEWSWIRE) — Concentrating Solar Power Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Concentrating Solar Power Market Research Report, Technology, Components, End User and Region – Forecast till 2027” the market size is projected to reach USD 16.41 billion by 2027 from an estimated USD 7.60 billion in 2020 with ~ 17.1% CAGR from 2020 to 2027. The concentrating solar power market is proliferating on the global platform. Concentrating Solar Power (CSP) has several advantages over Photovoltaic (PV), such as higher efficiencies, lower investment costs, and an inherent thermal storage capacity that enables power generation even during cloudy weathers, after sunset, and a better hybrid operation capability with other fuels meeting the base-load demand...

GrandVision takes note of EssilorLuxottica’s decision to close the transaction with HAL on 1 July 2021

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

GrandVision takes note of EssilorLuxottica’s decision to close the transaction with HAL on 1 July 2021 Schiphol, The Netherlands – 29 June 2021 Today, GrandVision (Euronext: GVNV) has taken note of the press release issued by EssilorLuxottica SA (Euronext: EL), announcing its decision to complete the acquisition of HAL’s 76.72% interest in GrandVision on 1 July 2021 as per the terms and conditions of the agreement entered into on 30 July 2019, including a price of EUR 28.42 per share. Further announcements will be made if and when required.AttachmentGrandVision Press Release

Month: June 2021

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