Capstreet-backed Industrial Leak Repair Platform Expands Footprint in the Rocky Mountain Region HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) — The Colt Group (“Colt”), a provider of on-line industrial leak repair solutions, announced today that it has acquired Plant Services, Inc. (“PSI” or “the Company”). Colt is backed by Capstreet, a Houston-based lower middle market private equity firm. Terms of the transaction were not disclosed. PSI provides on-line leak repair, hot tapping, line stopping, and field machining services to heavy process facility customers throughout the Rocky Mountain region. Headquartered in Worden, Montana, the Company serves its customers through additional regional offices in Colorado, Kansas, Oklahoma, and Utah. PSI delivers long-lasting solutions that minimize lost production time, keeping facilities safe...

Increasing concern regarding the freshwater scarcity is a key contributing factor for the growth of the water and wastewater treatment chemical market. Westford, US, Dec. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global water and wastewater treatment chemical market will attain a value of USD 559.44 Billion by 2031, with a CAGR of 7.10% during the forecast period (2024-2031). A key contributing factor for the growth of the water and wastewater treatment chemical market is the increasing concern regarding the freshwater scarcity. To avoid such problem and to enhance the reusability of wastewater in the process, many government bodies globally are implementing stringent laws and regulations. Several countries are also interested in making improvements to municipal water systems that serve both urban and rural areas....

The Out of Home Advertising segment may link ad exposure to brand sentiment. Also provide exposure to purchase intent, website visits, app downloads, and more through location data integration. Westford, USA, Dec. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that out of home advertising market size will attain the value of USD 61.95 Billion by 2031, with a CAGR of 9.7% during the forecast period (2024-2031). The increasing use of digital billboards is one of the major drivers in out-of-home advertising. These digital billboards could be placed anywhere near the required audience. The portable properties of these boards are the main reasons for the growing popularity of digital billboard advertising. The advanced features such as light emission and glowing throughout the day and night make it a viable choice for the business to...

In the high-end curtain market, the growth trajectory has been steady, with incremental rises and bounces back from the COVID-19 pandemic. Westford, USA, Dec. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global high-end curtain (drapes) market will attain a value of USD 5.98 Billion by 2031, with a CAGR of 4.4% during the forecast period (2024-2031). The growing preference for consumers toward premium at-home decorations and personalized home designs is driving the luxury curtains industry. Increased disposable incomes and rising home renovation spending are expected to drive demand for premium curtains. The high-end curtain (drapes) market growth is also increasing due to the expansion of real estate and the thriving luxury home sector. Further the luxury curtains market is boosted due to the emergence of fabric technology...

On December 2, we finalized the acquisition of Turkish company Mopsan, specialized in the distribution of petfood and companion animal health products. Present in Türkiye for over 20 years via various local distributors, then with our own subsidiary since 2018, we are today taking a new step forward with the acquisition of our companion animal products distributor: Mopsan. Working alongside Turkish veterinarians for over 30 years, Mopsan has extensive experience in the petfood and companion animal health products sector, a fast growing market. Through this acquisition, we are strengthening our proximity to the field to better meet the expectations of the animal health industry. Mopsan brings a team of 47 talented employees who will be largely dedicated to Virbac’s companion animal business. The former owner and managing director...

PRESS RELEASE Paris – December 3rd, 2024 Bureau Veritas strengthens its positioning in luxury and fashion through the acquisition of LBS Group Bureau Veritas, a global leader in Testing, Inspection, and Certification services, announces the acquisition of LBS Luxury Brands Services S.R.L. Group, a leader in quality assurance and quality control in the luxury industry. This acquisition is in line with Bureau Veritas’ LEAP | 28 strategy to strengthen its positioning and offering in the luxury and fashion industries while reinforcing its supply chain solutions as well as its presence in the Italian market. The acquisition of LBS Group marks a milestone for Bureau Veritas’ Consumer Products Services division, as it strengthens its presence in upstream services, augmenting its capacity to deliver supply chain quality and sustainability...

Structural Composites Market size was valued at USD 47.04 Billion in 2023 to USD 83.86 Billion by 2031, at a CAGR of 7.54% during the forecast period (2024-2031). Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global structural composites market share will reach a value of USD 83.86 Billion by 2031, with a CAGR of 7.54% during the forecast period (2024-2031). The structural composites industry is expanding rapidly due to several important factors. The reason it is becoming increasingly popular is the increasing demand for high-strength and low-weight materials in applications such as construction, automotive, and aerospace. Adoption is also driven by advancements in composite manufacturing technology as well as the need for sustainability and fuel economy. The growing demand for long-life and resistant...

The Activated Carbon Fiber (ACF) market is experiencing robust growth driven by increasing demand for efficient filtration and purification solutions across various industries. Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global activated carbon fiber (ACF) market size will reach a value of USD 762.85 Million by 2031, with a CAGR of 8.91% during the forecast period (2024-2031). The market is expanding significantly as a result of its numerous applications in different sectors. Activated carbon fibers are super useful for energy storage, air filtration, and water purification applications due to their high surface area, pore volume, and adsorption capacity. The activated carbon fiber market is growing due to sustainable solutions in demand and increased awareness toward the environment. Further factors...

VenHub Global, Inc. is an emerging AI and robotics technology company that has developed a 24/7 fully-autonomous retail Smart Store, headquartered in Pasadena, CA, and has amassed a robust pre-order backlog of 1,000+ stores with potential revenue of more than $300 million1 VenHub’s innovative solution offers low building and operating costs and advanced security features, empowering store owners to deliver a seamless customer experience VenHub’s proprietary robotic arms technology and cutting-edge vision system ensures precise product delivery, while its AI-driven platform is expected to optimize store operations VenHub intends to build strategic partnerships, diversify product offerings, and advance its technology for future growth The proposed business combination with Target ...

Acquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) — IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG’s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies. “The acquisition of cleanLaser aligns with IPG’s strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives...