Month: September 2023

Rising adoption of smart beds in the healthcare sector is a key factor driving market revenue growth Vancouver, Sept. 28, 2023 (GLOBE NEWSWIRE) — The global smart beds and surfaces market size was USD 2.55 Billion in 2022 and is expected to register a steady revenue CAGR of 3.4% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of smart beds in the healthcare sector is a key factor driving market revenue growth. Smart beds are integrated with innovative technological features that enhance user’s comfort while providing health benefits. These features include sleep tracking, automatic mattress adjustment, climate control anti-snoring feature, and smart home connectivity. Hospital beds are most commonly utilized within healthcare settings. Patients occupy these beds for extended periods,...

Aalst, Belgium, September 28, 2023 – Ontex Group NV (Euronext Brussels: ONTEX) (“Ontex”), a leading developer and manufacturer of hygiene products and solutions for retailers and healthcare, announces that it has entered into a binding agreement to sell its business in Pakistan to ASAIA Holding FZ. The transaction includes Ontex’s plant and business in Pakistan.  Ontex’s business in Pakistan is part of Ontex’s emerging markets activities, which have been classified as discontinued operations following the strategic decision in 2021 to divest these. Ontex aims to close the transaction, which is subject to customary conditions, by the end of 2023.  *** Contact informationInvestors        Geoffroy Raskin        +32 53 33 37 30        investor.relations@ontexglobal.com Media             Maarten Verbanck    +32 53 33 36 20                       ...

Ivry-sur-Seine, France —September 28, 2023 Fnac Darty finalizes the acquisition of MediaMarkt in Portugal Following approval by the relevant authorities, Fnac Darty announces that it has finalized the acquisition of MediaMarkt in Portugal, in accordance with the terms announced on April 20, 2023, for completion on September 30, 2023. MediaMarkt Portugal is a well-established electronics retailer, operating 10 stores and a webshop, with around 450 employees across the country. They offer an outstanding range of household appliances and technical products, with a wide range of references and a recognized service offering. In financial year 2021-2022, MediaMarkt Portugal recorded sales of c. €140 million. With this acquisition, Fnac Darty consolidates its number 2 position in Portugal, a dynamic market for the Group. The operation is an...

Rising demand for spandex fiber is one of the major factors driving market revenue growth Vancouver, Sept. 28, 2023 (GLOBE NEWSWIRE) — The global Tetrahydrofuran (THF) market size was USD 4.21 Billion in 2022 and is expected to register a revenue CAGR of 7.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for spandex fiber is driving the market revenue growth. Tetrahydrofuran (THF) demand rise in the automotive and transportation sectors is expected to drive revenue growth of the market. The automotive and transportation sectors control a large portion of the Tetrahydrofuran (THF) market. To meet regulatory requirements and improve vehicle fuel efficiency, automakers are focusing on manufacturing lightweight cars made of composite materials to reduce Carbon Dioxide (CO2) emissions, which have...