Day: January 3, 2024

Sharpens its focus on higher margin, higher growth global managed service provider (MSP) and recruitment process outsourcing (RPO), and North American specialty outcome-based and staffing services Accelerates transformation to deliver significantly improved net margin Cash proceeds to be redeployed in pursuit of growth through organic and inorganic investmentsTROY, Mich., Jan. 03, 2024 (GLOBE NEWSWIRE) —  Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced it has completed the sale of its European staffing business to Gi Group Holdings S.P.A. (“Gi”). Kelly previously announced on November 2, 2023, that it had entered into a definitive agreement to sell the business to Gi. “Today is a significant milestone in Kelly’s journey to become a more focused enterprise positioned to accelerate...

Acquisition strengthens and accelerates the company’s position as the leading online platform for the sale of vehicles, equipment, and surplus assets by government and commercial sellers BETHESDA, Md., Jan. 03, 2024 (GLOBE NEWSWIRE) — Liquidity Services, Inc. (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced it has acquired Sierra Auction, a full-service auction company specializing in the sale of vehicles, equipment and surplus assets for government agencies, commercial businesses, and charities. Sierra hosts the largest weekly public online auctions in Arizona. The transaction accelerates Liquidity Services’ penetration of the southwest US market for municipal government surplus and expands the size of Liquidity Services’ overall transportation and used equipment footprint. Established...

WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) — Enovis™ Corporation (NYSE: ENOV, “Enovis” or the “Company”) an innovation-driven, medical technology growth company, today announced that it closed the acquisition of LimaCorporate S.p.A. (“Lima”), a privately held global orthopedic leader focused on restoring motion through an innovative portfolio of implant solutions.  Lima strengthens Enovis’ position in the global orthopedic reconstruction market with a complementary portfolio of proven surgical solutions and technologies, which will accelerate global growth and margin expansion. In addition, Lima’s portfolio includes 3D printed Trabecular Titanium implants and a comprehensive revision offering in shoulders, which will further strengthen the Company’s position in the fast-growing extremities market.  “We...

Today, Soltec Power Holding and CIP announced CIP’s 100% ownership acquisition of the Soltec Danish solar PV project portfolio. COPENHAGEN, Denmark, Jan. 03, 2024 (GLOBE NEWSWIRE) — CIP’s Energy Transition Fund I (CI ETF I) will obtain 100% ownership of Soltec’s Danish early-stage solar PV portfolio. CIP’s intention is to develop, build and operate these assets to provide renewable electricity for ETF I’s Danish Power-to-X projects (e.g., Fjord eSAF, Høst green ammonia/hydrogen). The portfolio consists of development projects with a combined potential installed capacity of ~850MWDC. The project sites are scattered across Denmark, with the vast majority of the projects situated in Jutland. Felix Pahl, Partner in CIP, commented: “We are proud to have made CIP’s first acquisition of Danish solar PV energy. The Soltec portfolio represents...