Month: June 2021

Kvanto Payment Systems Provides Corporate Update

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Experiences over 100% in Client growth – Raises additional capital Prepares for Public Listing amid COVID-19 restrictions COPENHAGEN, Denmark, June 01, 2021 (GLOBE NEWSWIRE) — Kvanto Payment Services Ltd. and its wholly subsidiary Kvanto Payment Services A/S. (“Kvanto”) is pleased to provide this Corporate Update and report on certain key initiatives that are currently underway. During Kvanto’s current 2021 fiscal year which ends on June 30, 2021, amid the challenges and restrictions imposed by COVID-19, the company has been successful in increasing its working capital by USD$ 2,040,000 by issuance of a series of private placements. This injection of capital has provided the financial foundation for the implementation of 3 key objectives which were: 1) To Increase the Customer Base,2) Provide the Capital for the MWT acquisition,...

Generac Acquires Controller Manufacturer Deep Sea Electronics

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

WAUKESHA, Wis., June 01, 2021 (GLOBE NEWSWIRE) — Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, announced today the acquisition of Deep Sea Electronics Limited, an advanced controls designer and manufacturer. As a leader in the industry, Deep Sea Electronics provides a diverse suite of controller products that provide flexible solutions for multiple applications including generators, automatic transfer switches, battery charging, and off-highway vehicles. Headquartered in Hunmanby, United Kingdom, Deep Sea Electronics has a 40-year history of continuously advancing their products and driving innovation in the controls market. “The technical and engineering expertise of the team at Deep Sea Electronics is second...

Healthcare PPE Market to Reach USD 27,264.4 Million by 2028; Rising COVID-19 Cases Worldwide to Augment Growth, States Fortune Business Insights™

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Top companies covered in Healthcare PPE Market are Honeywell International Inc. (North Carolina, U.S.), 3M (Minnesota, U.S.), ANSELL LTD. (Richmond, Australia), Alpha ProTech (Richmond, Australia), Superior Gloves (Ontario, Canada), Medline Industries, Inc. (Illinois, U.S.), Cardinal Health (Ohio, U.S.), DuPont (Delaware, U.S.), Kimberly-Clark Corporation (Texas, U.S.), Sterimed Group (New Delhi, India), Medisca Inc (Montreal, Canada), Moldex-Metric (California, U.S.), MHCare Medical, , and more players profiled Pune, India, June 01, 2021 (GLOBE NEWSWIRE) — The global healthcare PPE market size is expected to experience significant growth by reaching USD 27,264.4 million by 2028 while exhibiting a CAGR of 11.2% between 2020 and 2028. This information is published by Fortune Business Insights in its latest report, titled “Healthcare...

EDENRED : Jean-Urbain Hubau is appointed Chief Operating Officer of Edenred’s Fleet & Mobility Solutions and joins the Group’s Executive Committee

Written by Customer Service on June 1, 2021. Posted in Public Companies.

Press releaseJune 1, 2021 Appointment Jean-Urbain Hubau is appointed Chief Operating Officer of Edenred’s Fleet & Mobility Solutions and joins the Group’s Executive Committee Jean-Urbain Hubau, previously in charge of Edenred’s Fleet & Mobility Solutions for Latin America, will now be heading up the business line worldwide. Based in Issy-les-Moulineaux, he now reports to Bertrand Dumazy, Chairman and Chief Executive Officer of Edenred, and joins the Group’s Executive Committee. Jean-Urbain Hubau began his career at Accor in 2004, where he spent eight years as financial controller for the Asia-Pacific region, then as Head of consolidation and finally as CFO of Latin America. He joined Edenred in 2012 as CFO of Brazil. In 2014, he took on the role of CEO of Edenred Mexico. He was then appointed Director...

The scheme of arrangement with RSA Insurance Group plc has become effective

Written by Customer Service on June 1, 2021. Posted in Public Companies.

Not for release, publication or distribution in whole or in part, in, or into the United States.Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of that jurisdiction. As previously announced, on 6 May 2021 Tryg A/S (“Tryg” or the “Company“) and Intact Financial Corporation’s (“Intact“) received all anti-trust and regulatory approvals for the acquisition of RSA Insurance Group plc (“RSA“) through Regent Bidco Limited (a wholly-owned subsidiary of Intact) (“Bidco“) (the “Acquisition“). Tryg notes that today, RSA has announced that with effect from today the court-sanctioned scheme of arrangement, under which the Acquisition will be...

Atos completes acquisition of Ipsotek

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Press Release Atos completes acquisition of Ipsotek Reinforcing Atos’ leading position in the Edge and Computer Vision market Paris (France), London (UK), June 1, 2021 – Atos announced today that it has completed the acquisition of Ipsotek, a leading AI enhanced video analytics software provider. This acquisition enables Atos to strategically reinforce its leading position in Edge AI and Computer Vision by adding key software capabilities and IP to its solutions portfolio to provide a unique offering to clients across a variety of sectors. Atos is already a major player in Edge AI/ML and more specifically Edge Vision, with its end-to-end Edge solutions from infrastructure to AI/ML professional services. It was named by Gartner as an Edge AI Tech Innovator for 2020 and it now continues to build on its expertise and innovation in this sector...

EXEL INDUSTRIES :2020-2021 first-half results : Record first half EBITDA and net income

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

PRESS RELEASE June 1, 2021First half 2020-2021 results Record first half EBITDA and net incomeEXEL Industries (M€)H1 2019-2020H1 2020-2021 SALES 314.3 385.4 Recurring EBITDA* 8.1 31.8 % of sales 2.6% 8.2% CURRENT OPERATING INCOME (CURRENT EBIT) (1.1) 20.9 % of sales (0.3%) 5.4% Non-recurring items (28.9) (0.2) Net financial income/(expense) (6.2) 0.3 Tax and share of profit of associates (0.2) (6.7) NET INCOME/(LOSS) (36.4) 14.3 % of sales (11.6%) 3.7% NET FINANCIAL DEBT (156.0) (119.1) * Recurring EBITDA = current operating income (EBIT) + depreciation and amortization of non-current assets + change in provisions (excluding provisions on current assets) + share of profit of associatesH1...

Proactive news headlines including archTIS, Emmerson Resources, Greenland Minerals and Firefinch

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Sydney, June 01, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:archTIS Ltd (ASX:AR9) has entered a partnership with Thales Australia, Microsoft, and Australian SMEs Myriad Technologies and FortifyEdge to launch Nexium Defence Cloud Edge (NDC Edge). Click here Emmerson Resources (ASX:ERM) has extended its joint venture with Tennant Consolidated Mining Group (TCMG) to include the Southern Project Area (SPA) of its Tennant Creek landholding. Click here Greenland Minerals Ltd (ASX:GGG) (OTCMKTS:GDLNF) (FRA:G7P) has advised that the Government of Greenland has provided an update on the statutory public consultation for the Kvanefjeld Rare Earth Project, with the consultation period previously scheduled to conclude on June...

Equinor ASA: Recommendation from Equinor’s nomination committee

Written by Customer Service on June 1, 2021. Posted in Public Companies.

The nomination committee in Equinor ASA (OSE:EQNR, NYSE:EQNR) recommends that the company’s corporate assembly re-elects all the shareholder elected members of Equinor ASA’s board of directors. The nomination committee recommends a re-election of Jon Erik Reinhardsen as chair and re-election of Jeroen van der Veer as deputy chair of the board, in addition to re-election of Bjørn Tore Godal, Rebekka Glasser Herlofsen, Anne Drinkwater, Jonathan Lewis, Finn Bjørn Ruyter and Tove Andersen as shareholder-elected members of Equinor ASA’s board of directors. The nomination committee has emphasized the importance of continuity in the board at a time when the company is rapidly changing, including new corporate executive committee. The election to Equinor’s board of directors takes place in the company’s corporate assembly meeting...

Vallourec finalizes the sale of Valinox Nucléaire SAS to Framatome

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Press release Vallourec finalizes the sale of Valinox Nucléaire SAS to Framatome Boulogne-Billancourt, June 1st, 2021 – Vallourec, world leader in premium tubular solutions, announces today that it has finalized the sale to Framatome of the company Valinox Nucléaire SAS, located at the French production facility in Montbard (Burgundy, Côte d’Or). Founded in 1974, Valinox Nucléaire SAS – France is specialized in the manufacturing of tubes for nuclear islands. All required regulatory approvals and authorizations have been obtained and employee representative bodies have been consulted, making this transaction possible. Edouard Guinotte, Chairman of the Vallourec Management Board, stated “the integration of Valinox into Framatome will offer it and its teams the best possible outlook. I have witnessed the high quality, skills and commitment...

Month: June 2021

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