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Month: July 2021

Turnover of Apranga Group in June 2021

Turnover of Apranga Group in June 2021 Retail turnover (including VAT) of Apranga Group amounted to EUR 24.6 million in June 2021 and has increased by 18.8% comparing to June 2020. In June 2021, the retail turnover of Apranga Group in Lithuania increased by 21.7% year-to-year, in Latvia increased by 15.8% and in Estonia increased by 12.7%. Retail turnover (including VAT) of Apranga Group totalled EUR 55.7 million in 2nd quarter 2021 and was 36.2% higher than in 2020. In 2nd quarter 2021, the retail turnover of the Group in Lithuania increased by 55.3%, in Latvia decreased by 0.5% and in Estonia increased by 26.3% year-to-year. Due to epidemic coronavirus (COVID-19) infection, from 16 December 2020, all the Group’s stores in Lithuania were temporarily closed. Stores in Lithuania with a separate entrance from outside and a sales area not...

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HMS Networks AB (publ) acquires a majority of Owasys Advanced Wireless Devices S.L.

HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has on July 1st, 2021 acquired 60% of all shares in the Spanish company Owasys Advanced Wireless Devices S.L. Headquartered in Bilbao with 20 employees, Owasys is a wireless communication company designing and manufacturing products for utility vehicles and industrial machines.  Owasys offers wireless embedded communication platforms to enable remote monitoring and control of a wide range of mobile machines. The portfolio includes key products like owa4x which is an IoT gateway for processing and transmission of data from wired and wireless sensors, devices and peripherals to the cloud, and owa450 which is an IoT platform for controlling and monitoring of data from vehicles and industrial machines at the Edge. A selection of value created by Owasys’ solutions...

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Nexstim Plc provides an update on the pilot study in chronic pain treatment at Helsinki University Hospital

Company announcement, Inside information, Helsinki, 1 July 2021 at 14.00 (EET) Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) provides an update on the pilot study on the use of accelerated iTBS protocol in treatment of chronic neuropathic pain with Nexstim NBT® System at Helsinki University Hospital. Nexstim announced on 25 September 2020 that the pilot study is starting and estimated that the patient treatments in the study of five to ten patients would be completed in first half of 2021, and the results would be made public once available.   Nexstim now reports that treatment of study patients has started as planned and several patients have completed the treatment. However, Nexstim currently estimates that the treatment of patients will continue during Q3 2021. The Company continuously assesses...

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Wabash National Announces Sale of Extract Technology to Dietrich Engineering Consultants SA

LAFAYETTE, Ind., July 01, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today announced the sale of Extract Technology to Lausanne, Switzerland-based Dietrich Engineering Consultants SA (DEC), a portfolio company of Berlin, Germany-based capiton AG. Extract Technology, based in Huddersfield, United Kingdom, is a leading worldwide supplier of containment and aseptic systems for the pharmaceutical, healthcare, biotech and chemical markets. “Along with our company’s purpose of Changing How the World Reaches You™, we have refined our vision to focus on providing engineered solutions for the transportation, logistics and distribution industries,” said Mike Pettit, senior vice president and chief financial officer. “Although Extract Technology is an excellent business, its solutions and customers do not align with our...

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Reliance Steel & Aluminum Co. Announces Executive Officer Retirement and Promotions

–  William K. Sales retiring as Executive Vice President, Operations –  Sean M. Mollins promoted to Senior Vice President, Operations –  Brian Yamaguchi promoted to Vice President, Supplier Development LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) — Reliance Steel & Aluminum Co. (NYSE: RS) today announced the retirement of William K. Sales, Jr. as its Executive Vice President, Operations, effective January 2022. In advance of his retirement, Mr. Sales will transition from his current position to the role of Special Advisor, effective July 1, 2021. As Special Advisor, Bill will report directly to Jim Hoffman, Reliance’s Chief Executive Officer, and help facilitate the transition of his role as well as support other special projects. Consistent with the Board’s executive leadership succession plan at all levels...

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Chart Industries Acquires L.A. Turbine

ATLANTA, July 01, 2021 (GLOBE NEWSWIRE) — Chart Industries, Inc. (“Chart”) (NYSE: GTLS) today announced the acquisition of L.A. Turbine (“LAT” or “L.A. Turbine”) for $80 million in cash (subject to certain customary adjustments).   L.A. Turbine is a global leader in turboexpander design, engineering, manufacturing, assembly and testing process for new and aftermarket equipment, with significant in-house engineering expertise. Expanders are utilized in the following Chart offerings, and with LAT in the Chart portfolio, we now can offer a more comprehensive “one stop shop” solution and provide more options for our customers in these applications:Hydrogen & helium liquefaction Carbon capture and energy storage Industrial gas Natural gas processing Small-scale LNG plants Propane dehydrogenation (PDH) plants Heavy hydrocarbon...

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Bowlero, World’s Largest Owner and Operator of Bowling Centers and Owner of the Professional Bowlers Association, to List on NYSE Through Merger With Isos Acquisition Corporation

Merger with Isos Acquisition Corporation (NYSE: ISOS.U) supports further expansion of Bowlero’s large, profitable and growing business. Pro forma implied enterprise value of the combined company is approximately $2.6 billion. Transaction includes $450 million PIPE anchored by institutional investors including funds managed by affiliates of Apollo Global Management, Inc., Brigade Capital Management, Soros Fund Management LLC, The Donerail Group LP and Wells Fargo Asset Management. Total pre-pandemic trailing twelve months (TTM) through Feb 2020 revenue and EBITDA were $746 million and $201 million, respectively. Revenue and EBITDA for calendar year 2022 are expected to be $859 million and $275 million, respectively. Bowlero’s proven growth plan includes many powerful vectors, such as upgrades and conversions of its current centers, development...

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Affimed Reports First Quarter 2021 Financial Results and Highlights Operational Progress

AFM13 monotherapy: Reported positive outcome from the preplanned interim analysis for the registration-directed trial in PTCL; enrollment expected to be completed in the first half of 2022. AFM13 combination with NK cells: Announced 100% objective response rate in the first four response evaluable patients, including two complete responses. All three dose escalation cohorts are now fully enrolled; data update expected in the second half of 2021. AFM13 preclinical data: AFM13 in combination with natural killer (NK) cells demonstrated improved tumor recognition and enhanced tumor cell killing in vitro and in vivo. AFM24 monotherapy: AFM24 (phase 1/2a study) completed cohort 5 and is enrolling and treating patients in cohort 6; expansion cohorts expected to start in the second half of 2021. AFM24 combination with NK cells: Combination therapy...

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Proactive news headlines including Buru Energy, Cobalt Blue Holdings, Technology Metals Australia and Theta Gold Mines

Sydney, July 01, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Buru Energy Limited’s (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) shares are trading about 3.33% higher intra-day after spudding the Currajong 1 exploration well at 10:00 hours on Thursday, July 1 2021. Click here Cobalt Blue Holdings Ltd (ASX:COB) (OTCMKTS:CBBHF) (FRA:COH) CEO Joe Kaderavek has demonstrated his confidence in the company’s integrated cobalt strategy focus on the traditional NSW mining centre of Broken Hill through a series of on-market purchases. Click here Technology Metals Australia Ltd (ASX:TMT) (FRA:TN6) has ‘project defining’ pilot-scale test-work underway at the Yarrabubba Iron-Vanadium Project in Western Australia in support...

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NewAge, Inc., Honored by Hermes Awards for Its Direct-to-Consumer and Social Media Marketing

Five-time award winner for excellence in the social media, social campaigns and advertising, and its development of the NewAge Share™ appLucim product familyLucim product familyDENVER, July 01, 2021 (GLOBE NEWSWIRE) — NewAge, Inc. (Nasdaq: NBEV), the Colorado-based organic and healthy products company intending to become the world’s leading social selling and distribution company, today announced that NewAge, Inc. has been honored as a five-time award winner in both direct-to-consumer marketing and corporate image categories in the Hermes Creative Awards Competition. Hermes Creative Awards is an international competition for creative professionals involved in the concept, writing and design of traditional and emerging media. Hermes Creative Awards recognizes outstanding work in the industry while promoting the...

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