Mergers and Acquisitions (M&A) – Saudi Mirror http://www.saudimirror.com News On-line Tue, 26 Mar 2024 13:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Park Place Technologies Acquires SDV Solutions http://www.saudimirror.com/?p=218480/ http://www.saudimirror.com/?p=218480/#respond Tue, 26 Mar 2024 13:00:00 +0000 http://www.saudimirror.com/?p=218480 CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia–based SDV Solutions, which provides client–centric data center infrastructure solutions exclusively to Federal Government agencies.

Founded in 2004 by Service–Disabled Veteran and current Owners Mike McMahan (U.S. Air Force) and Erin McMahan, SDV is a multi–OEM, independent third–party services provider exclusively to the U.S. Federal Government. Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the U.S. Government.

“SDV has always been about teamwork, efficient service to Government clients, and exceeding performance expectations,” McMahan said. “We will now be able to offer our Federal clients a larger breadth of Hardware Maintenance, Managed Services and Professional Services. Park Place will help government agencies accomplish more with their budgets, get longer life from IT assets, and carry forward SDV’s legacy of trust and high–level security.”

Park Place helps more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, Park Place’s comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Chris Adams, Park Place Technologies President and CEO, said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.

“We have been firmly entrenched in the Federal space and continue to foster long–term relationships at the highest levels,” Adams said. “The trust and unquestioned dedication SDV is known for will be joined with our mission to optimize government data center budgets, productivity, performance, and sustainability.”

SDV’s Channel partners will have access to Park Place’s decades–long platforms of partner incentives, Federal–adherent processes, U.S.–based supply chain and deeper depth of security–cleared field engineers.

“SDV and Park Place will do more than maintain current standards; we will strengthen our services and provide options that will solidify our place as the U.S. Government’s most–trusted data center maintenance and optimization firm,” McMahan said.

Agile Equity provided exclusive investment banking transaction services to SDV Solutions.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Park Place’s industry–leading and award–winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

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The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement http://www.saudimirror.com/?p=218359/ Wed, 06 Mar 2024 15:01:10 +0000 http://www.saudimirror.com/?p=218359 The two companies bring together complementary technologies and industry end–user application via Core Optics’ proven commercial distribution in established and high growth sectors spanning automotive, consumer electronics, camera / display, and others dependent on advanced material innovation

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) — The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), developer of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, and Core Optics, LLC (“Core Optics”) announced today that they have entered into a definitive share exchange agreement pursuant to which, on the closing date, the Company is expected to acquire 100% of the membership interests of Core Optics, LLC and its subsidiaries which hold all its tangible assets and intellectual property across all its technologies and industry verticals. Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Dr. Seonkee Kim will assume the title and responsibilities of Chief Executive Officer. In addition to Dr. Kim’s experience in the compact camera modules (CCM) industry, he has deep knowledge and experience in lithium–ion batteries, making him an ideal leader to further the Company’s Endurion program. He will be introduced along with additional board members and advisors on a shareholder call currently scheduled for March 14, 2024 at 10am ET. Further details for that conference call will be shared in coming days.  

Core Optics specializes in the design and fabrication of cutting–edge inspection and assembly machinery for the CCM industry. Core Optics has amassed a wealth of expertise and data pertaining to its testing algorithms, including the rights to over 30+ patents. With commercial products and sales channels in established industries that are also considered high–growth, including automotive and VR/AR, Core Optics has solidified its position as a market leader for providing pivotal process solutions.

Core Optics maintains numerous customer engagements with some of the top mobile device manufacturers in South Korea and throughout the world and with prominent automobile manufacturers including EV makers, as well as global commercial activity in other verticals. Core Optics is revenue producing via a CCM testing product line that has historically produced healthy profit margins, and maintains a pipeline of orders with an expected trajectory for high–growth.

Core Optics recently expanded its service scope to encompass the burgeoning Electric Vehicle (EV) market. This is one of the reasons that The Coretec Group’s proprietary technology is so complementary, as its Endurion battery development program markets to the same customer base. It represents a significant value proposition for Core Optics’ automotive business, facilitated by the Company’s existing sales channel and customer relationships. In addition, the advanced development of the Company’s C–Space volumetric display technology fits well within Core Optics’ prominent CCM and photonics business, in which its deep knowledge and expertise could further C–Space development.

Finally, the transaction would enable Core Optics to prominently enter North American markets, facilitating greater business activity between U.S. auto manufacturers and other potential high value customer segments.

“The Coretec Group is laser–focused on developing technologies that are attractive to end user customers, as well as larger manufacturing and distribution partners capable of taking the technology and rapidly scaling and deploying it,” said Matthew Kappers, CEO of The Coretec Group. “We have found that ideal partner in Core Optics, a group of innovators with a proven track record of establishing sales channels and customer relationships with prominent brands known across the globe. The synergies between the two companies are clear, particularly across the product niches in EVs, eVTOL, 3D Display, LiDAR, and auto manufacturing. We are confident that the merger between these two companies will further establish Core Optics’ commercial pipeline, increasing revenue and creating shareholder value.”

The Company will provide call access information via press release, corporate and investor websites, and social media in advance of the shareholder call and presentation. Please follow on X (formerly Twitter) at @CoretecGroupInc or the Company’s LinkedIn page.

About The Coretec Group

The Coretec Group, Inc., an Oklahoma corporation is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy– focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including LiDAR, medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

About Core Optics

Core Optics LLC, a Virginia limited liability company, runs its operations through its Korean subsidiary, Core Optics Co., Ltd. Core Optics Co., Ltd. was established in 2023 after acquiring a compact camera module testing equipment product line. It is renowned for its involvement in a high–value enterprise centered around the production and distribution of inspection equipment tailored for compact camera modules (CCM) used in smartphones and automobiles.

For more information, please visit https://www.coreoptics.us/

Follow The Coretec Group on:

Twitter – @CoretecGroupInc

LinkedIn – www.linkedin.com/company/24789881

YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured 

Forward–Looking Statements

The statements in this press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.

Lindsay McCarthy

info@thecoretecgroup.com 

+1 (866) 916–0833

Media Contact:

Spencer Herrmann

FischTank PR

coretec@fischtankpr.com 

+1 (518) 669–6818


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MCI enters Cape Town South Africa with the Acquisition of Cloud CX QA and BPO Provider BYC Aqua http://www.saudimirror.com/?p=218248/ Mon, 19 Feb 2024 14:00:00 +0000 http://www.saudimirror.com/?p=218248 MIAMI BEACH, Fla., Feb. 19, 2024 (GLOBE NEWSWIRE) — MCI BPO (MCI), a globally recognized leader in business process outsourcing (BPO) and customer experience (CX) solutions, today announces the acquisition of, BYC Aqua (BYC), a preeminent South African BPO and Call Center CX Quality Assurance (QA) technology and as–a–Service solution. The MCI acquisition furthers MCI's strategic expansion of MCI’s global footprint and enhancement of its tech offerings. The BYC acquisition includes BYC’s Byron Yeats Consulting division.

BYC, headquartered in Cape Town, South Africa, is a rapidly growing global BPO, delivering exceptional Quality–Assurance–as–a–Service (QAaaS) services to a diverse base of over 25 marquee South African, Australian, and United Kingdom enterprise clients. The integration of BYC into the MCI family of companies strengthens MCI's offerings by adding a robust QA technology, artificial intelligence (AI), and human capital services in over 150 languages, including all African regional languages.

Anthony Marlowe, CEO of MCI, expresses MCI’s enthusiasm of the BYC acquisition: “The addition of BYC Aqua to the MCI Group propels our global and technology mission forward in MCI’s ability to offer CX worldwide. BYC Aqua's established client base and exceptional proven performance provides both BYC and MCI clients access to a multi–decade and innovative delivery experience. The Cape Town based acquisition, a location requested by many MCI clients, opens the door to one of the most dynamic and growing CX BPO markets in the world, adding to MCI’s ever expanding multi–national footprint.”

This acquisition brings together MCI's innovative approach and BYC’s deep understanding of the region and substantial cloud offerings, including certain unique AI offerings. This MCI strategic move harnesses the tech–savvy and abundant talent pool that South Africa offers, bolstering MCI's capacity to serve its rapidly it’s marquee global customer base.

“BYC Acqua's dedication to tech–enabled business services, customer experience and quality assurance aligns perfectly with MCI's values and vision,” said Natasha Anthony, BYC Aqua General Manager. “Together, MCI and BYC are redefining the BPO landscape in Cape Town and beyond, offering both BYC’s existing and MCI’s clients a distinct competitive edge in terms of cost savings, competency, data security, performance, and proficiency.”

This acquisition, completed in 2023, successfully afforded clients of both MCI and BYC a seamless transition to now enhanced service offerings, integrating cutting–edge technology with world class customer satisfaction (CSAT). MCI’s acquisition and recent further expansion of BYC facilities ensures material capacity to meet the high demand of MCI’s English–speaking client base. With five million English speakers, and 50% youth unemployment, South Africa is poised to be a material frontier for CX BPO service delivery, and MCI by its BYC acquisition positions itself as a challenger in this growing market.

For further details on how MCI can reduce your call center costs, or for more information about MCI's comprehensive global capabilities, please visit https://www.mci.world/subsidiaries.

About MCI

MCI is an American multinational conglomerate holding company headquartered in Miami Beach, FL, USA. With a diverse lineup of tech–enabled business services MCI’s offering range from Artificial Intelligence (AI), Contact Center Business Process Outsourcing (BPO), Customer Experience (CX) solutions, and Anything–as–a–Service (XaaS) cloud technology applications. MCI organically grows, acquires, and operates companies with synergistic adjacent products and services portfolios. MCI includes service brands BPOaaS, BYC Aqua, Byron Yeats, GravisApps, Gravis Marketing, March East, Mass Markets, MCI BPO, MCI Federal Services, OnBrand24, Sydney Call Centre, Teletechnology, Valor Intelligent Processing, and Vinculum. For more information about the MCI Group, please visit www.mci.world.

Contact Information:
MCI
Email: info@mci.world
Website: www.mci.world


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BASF Environmental Catalyst and Metal Solutions (ECMS) completes acquisition of Arc Metal AB in Sweden http://www.saudimirror.com/?p=218123/ Thu, 01 Feb 2024 14:30:00 +0000 http://www.saudimirror.com/?p=218123
  • Acquisition adds smelting capability to serve spent automotive catalyst customers in Europe, Middle East and Africa
  • Complements ECMS’s global recycling operations and precious metal services
  • Broadens range of materials that can be processed by ECMS
  • ISELIN, N.J., Feb. 01, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) has completed the acquisition of Arc Metal AB in Hofors, Sweden. The asset purchase adds toll smelting and processing of spent automotive catalyst in Europe, Middle East and Africa (EMEA) and further complements ECMS’s existing global precious metal recycling operations in Cinderford, UK, Seneca and Spartanburg, South Carolina, and Caldwell, Texas, USA.

    “We are thrilled to officially welcome our new colleagues with the successful acquisition of Arc Metal,” said Tim Ingle, Senior Vice President, Precious Metal Services and Recycling, ECMS. “Now we can turn our attention to growing our recycling business in EMEA by meeting increased customer demand for spent automotive recycling and utilizing our expanded capabilities to process high carbon containing materials, like silicon carbide found in spent automotive catalyst materials.”

    The additional smelting capacity at the Sweden site will also increase utilization of new refinery capacity in Seneca, South Carolina. Recycled catalysts go through a smelting process and are then refined to produce the high purity precious metal needed to make new catalysts and other end use products, supporting a circular economy.

    In addition, the acquisition bolsters ECMS’s ability to deliver its 100 percent recycled metal offering Verdium™, which is based on mass balance. Recycled platinum group metals can lower carbon emissions by up to 97 percent, in comparison to refining mined or primary materials1. One kilogram of Verdium saves over thirty metric tons of carbon, enabling customers to verify their carbon reduction, track progress to their sustainability goals and help lower their Scope 3 emissions. UL Solutions has provided independent, third–party validation of the physical chain of custody and mass balance accounting of Verdium.

    To learn more about BASF’s recycling business, visit www.basf.com/ecms.

    1 Source: Sphera Solutions GmbH (2022): GaBi Database Edition 2022, SP37

    About BASF Environmental Catalyst and Metal Solutions
    Leveraging its deep expertise as a global leader in catalysis and precious metals, BASF Environmental Catalyst and Metal Solutions (ECMS) serves customers in many industries including automotive, aerospace, indoor air quality, semiconductors, and hydrogen economy, and provides full loop services with its precious metals trading and recycling offering. With a focus on circular solutions and sustainability, ECMS is committed to helping our customers create a cleaner, more sustainable world. Protecting the elements of life is our purpose and this inspires us to ever–new solutions. ECMS operates globally in 15 countries with over 4,500 employees and 20 production sites.

    Media Relations contact:
    Betsy Arnone
    Phone: +1 973–519–9808
    betsy.arnone@basf–catalystsmetals.com


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    Enovis Conclui Aquisição da LimaCorporate S.p.A http://www.saudimirror.com/?p=217954/ Wed, 03 Jan 2024 18:26:11 +0000 http://www.saudimirror.com/?p=217954 WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) — A Enovis™ Corporation (NYSE: ENOV, “Enovis” ou a “Empresa”) uma empresa de crescimento de tecnologia médica orientada para a inovação, anunciou hoje a conclusão da aquisição da LimaCorporate S.p.A. (“Lima”), uma empresa ortopédica de capital fechado líder global focada na restauração do movimento por meio de um portfólio inovador de soluções de implantes. 

    A Lima fortalece a posição da Enovis no mercado global de reconstrução ortopédica com um portfólio complementar de soluções e tecnologias cirúrgicas comprovadas, que irão acelerar o crescimento global e a expansão da margem. Além disso, o portfólio da Lima inclui implantes de titânio trabecular impressos em 3D e uma oferta abrangente de revisão dos ombros, o que fortalecerá ainda mais a posição da Empresa no mercado em rápido crescimento de extremidades. 

    “Estamos entusiasmados com a entrada da equipe tão talentosa da Lima para a Enovis. Esta união leva o segmento de reconstrução da Enovis a uma receita de US$ 1 bilhão e cria um inovador de rápido crescimento no mercado global de reconstrução ortopédica. Este é outro grande exemplo de como usamos aquisições estratégicas para acelerar nosso crescimento, adicionar grandes tecnologias e talentos à nossa empresa e gerar valor agregado para nossos acionistas”, disse Matt Trerotola, Presidente e Diretor Executivo da Enovis.

    Sobre a Enovis Corporation
    A Enovis Corporation (NYSE: ENOV) é uma empresa de crescimento de tecnologia médica voltada para a inovação, dedicada ao desenvolvimento de soluções clinicamente diferenciadas que geram resultados mensuráveis para o paciente e transformam os fluxos de trabalho. Concentrada em uma cultura de melhoria contínua, talento global e inovação, a extensa gama de produtos, serviços e tecnologias integradas da Empresa incentivam estilos de vida ativos nas áreas de ortopedia e além. As ações ordinárias da empresa são negociadas na Bolsa de Valores de Nova York sob o símbolo ENOV. Para mais informação sobre a Enovis, visite www.enovis.com

    Declarações de Previsão
    Este comunicado para a imprensa inclui “declarações de previsão definidas pelo EUA Private Securities Litigation Reform Act of 1995. Tais declarações de previsão incluem, mas não estão limitadas a, declarações sobre os planos, objetivos, expectativas e intenções da Empresa, e outras declarações que não são fatos históricos ou correntes. As declarações de previsão têm por base as expectativas atuais da Empresa e envolvem riscos e incertezas que podem fazer com que os resultados reais sejam diferentes dos resultados expressos ou implícitos em tais declarações de previsão. Os fatores que podem fazer com que os resultados da Empresa sejam substancialmente diferentes das expectativas atuais incluem, mas não estão limitados a, riscos e incertezas em relação aos respectivos negócios da Empresa e da Lima, fazendo com que os resultados reais sejam substancialmente diferentes. Esses riscos e incertezas incluem, mas não estão limitados aos efeitos da aquisição nas operações da Empresa e da Lima, incluindo a condição e desempenho financeiro futuro da empresa conjunta, resultados operacionais, estratégia e planos, incluindo tratamento fiscal antecipado, passivos imprevistos, despesas de capital futuras, receitas, despesas, ganhos, sinergias, desempenho econômico, endividamento, perdas, perspectivas futuras e estratégias de negócios e gerenciamento para a gestão, expansão e crescimento das operações da nova empresa conjunta; o impacto potencial da consumação da aquisição nos relacionamentos com clientes, fornecedores e outros terceiros; e os outros fatores detalhados nos relatórios da Empresa arquivados na Securities and Exchange Commission dos EUA (a “SEC”), incluindo seu Relatório Anual mais recente no Formulário 10–K e Relatórios Trimestrais subsequentes no Formulário 10–Q sob o título “Fatores de Risco”, bem como os outros riscos discutidos nos registros da Empresa na SEC. Além disso, as declarações de previsão tomam por base suposições que podem mudar. Este comunicado de imprensa é válido somente até a presente data. A Empresa se isenta de qualquer obrigação de atualizar as informações aqui contidas.

    Contato de Relações com Investidores
    Kyle Rose
    Vice–Presidente, Relações com Investidores
    Enovis Corporation
    +1–917–734–7450
    investorrelations@enovis.com

    Contato com a Mídia
    Katie Sweet
    Vice–Presidente, Comunicações Corporativas
    Enovis Corporation
    Katie.sweet@enovis.com


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    Enovis finalise l’acquisition de LimaCorporate S.p.A. http://www.saudimirror.com/?p=217953/ Wed, 03 Jan 2024 18:26:11 +0000 http://www.saudimirror.com/?p=217953 WILMINGTON, Delaware, 03 janv. 2024 (GLOBE NEWSWIRE) — Enovis™ Corporation (NYSE : ENOV, « Enovis » ou la « société ») une entreprise en pleine croissance dans le domaine des technologies médicales axée sur l’innovation a annoncé, ce jour, avoir finalisé l’acquisition de LimaCorporate S.p.A. (« Lima »), leader mondial privé dans le domaine de l’orthopédie qui s’efforce de rétablir l’émotion du mouvement grâce à une gamme innovante de solutions implantaires. 

    Lima contribue à renforcer la position d’Enovis sur le marché mondial de la reconstruction orthopédique avec une gamme complémentaire de solutions et de technologies chirurgicales éprouvées, qui permettront d’accélérer la croissance mondiale et l’accroissement des marges. En outre, la gamme proposée par Lima comprend des implants trabéculaires en titane imprimés en 3D et une prothèse totale d’épaule, ce qui contribuera à renforcer encore davantage la position de la société dans le domaine en pleine croissance des extrémités. 

    « Nous sommes ravis d’accueillir l’équipe talentueuse de Lima chez Enovis. Cette association porte le chiffre d’affaires du secteur de la reconstruction d’Enovis à 1 milliard de dollars, ce qui en fait un pionnier en pleine croissance sur le marché mondial de la reconstruction orthopédique. Il s’agit là encore d’un excellent exemple de notre utilisation des acquisitions stratégiques afin d’accélérer notre croissance, d’ajouter des technologies et talents d’exception à notre société et de générer une valeur composée pour nos actionnaires », a déclaré Matt Trerotola, Président et PDG d’Enovis.

    À propos d’Enovis Corporation
    Enovis Corporation (NYSE : ENOV) est une société en pleine croissance dans le domaine des technologies médicales axée sur l’innovation et le développement de solutions différenciées sur le plan clinique qui permettent de générer des résultats mesurables pour les patients et de révolutionner les flux de travail. Mue par une culture du dépassement perpétuel favorisant les talents internationaux et l’innovation, la large gamme de produits, de services et de technologies intégrées proposée par la société encourage des modes de vie actifs grâce à l’orthopédie et bien plus. Les actions ordinaires de la société sont cotées aux États–Unis à la Bourse de New York sous le symbole ENOV. Pour en savoir plus sur Enovis, consultez le site : www.enovis.com

    Déclarations prospectives
    Le présent communiqué de presse contient des déclarations prospectives, y compris des déclarations prospectives au sens de la loi américaine « Private Securities Litigation Reform Act » de 1995. Ces déclarations prospectives comprennent, sans s’y limiter, des déclarations concernant les plans, objectifs, attentes et intentions de la société ainsi que d’autres déclarations qui ne correspondent pas à des faits historiques ou actuels. Les déclarations prospectives sont fondées sur les attentes actuelles de la société et impliquent des risques et des incertitudes qui pourraient faire en sorte que les résultats réels diffèrent sensiblement de ceux exprimés ou impliqués dans ces déclarations prospectives. Les facteurs susceptibles de faire en sorte que les résultats formulés par la société diffèrent sensiblement des attentes actuelles incluent, sans s’y limiter, les risques et incertitudes concernant les activités respectives de la société et de Lima, et les résultats réels pourraient différer sensiblement. Ces risques et incertitudes incluent, sans s’y limiter, les effets de l’acquisition sur les opérations de la société et de Lima, y compris sur la situation financière et les performances futures de la société issue du regroupement, les résultats d’exploitation, la stratégie et les plans, y compris le traitement fiscal prévu, les dettes imprévues, les dépenses en capital futures, les revenus, les dépenses, les bénéfices, les synergies, les performances économiques, l’endettement, les pertes, les perspectives d’avenir et les stratégies commerciales et de direction pour la gestion, l’expansion et la croissance des opérations de la nouvelle société issue du regroupement ; l’impact potentiel de l’achèvement de l’acquisition sur les relations avec les clients, les fournisseurs et autres tiers ; et les autres facteurs détaillés dans les rapports de la société déposés auprès de la Securities and Exchange Commission (la « SEC ») des États–Unis, y compris son rapport annuel le plus récent sur le formulaire 10–K et ses rapports trimestriels ultérieurs sur le formulaire 10–Q sous le titre « Facteurs de risque », ainsi que les autres risques évoqués dans les documents déposés par la société auprès de la SEC. En outre, ces déclarations reposent sur des hypothèses susceptibles de changer. Ce communiqué de presse n’est valable qu’à la date des présentes. La société décline toute obligation de mettre à jour les informations contenues dans le présent document.

    Contact relations avec les investisseurs
    Kyle Rose
    Vice–président, Relations avec les investisseurs
    Enovis Corporation
    +1–917–734–7450
    investorrelations@enovis.com

    Contact médias
    Katie Sweet
    Vice–présidente, Communications d’entreprise
    Enovis Corporation
    Katie.sweet@enovis.com


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    Enovis schließt Übernahme von LimaCorporate S.p.A. ab http://www.saudimirror.com/?p=217952/ Wed, 03 Jan 2024 18:26:11 +0000 http://www.saudimirror.com/?p=217952 WILMINGTON, Delaware, Jan. 03, 2024 (GLOBE NEWSWIRE) — Die Enovis™ Corporation (NYSE: ENOV, „Enovis“ oder das „Unternehmen“), ein innovationsorientiertes Wachstumsunternehmen im Bereich der Medizintechnik, hat heute den Abschluss der Übernahme von LimaCorporate S.p.A. („Lima“) bekanntgegeben, einem weltweit führenden Unternehmen im Bereich der Orthopädie, das sich auf die Wiederherstellung von Bewegung durch ein innovatives Portfolio von Implantatlösungen konzentriert. 

    Lima stärkt die Position von Enovis auf dem globalen Markt für orthopädische Rekonstruktion mit einem komplementären Portfolio bewährter chirurgischer Lösungen und Technologien, was das globale Wachstum und die Ausweitung der Gewinnspanne beschleunigen wird. Darüber hinaus umfasst Limas Portfolio 3D–gedruckte trabekuläre Titanimplantate und ein umfassendes Revisionsangebot für Schultern, was die Position des Unternehmens auf dem schnell wachsenden Markt für Extremitäten weiter stärken wird. 

    „Wir freuen uns, das talentierte Team von Lima bei Enovis begrüßen zu dürfen. Durch den Zusammenschluss erhöht sich der Umsatz des Rekonstruktionssegments von Enovis auf 1 Mrd. USD und es entsteht ein schnell wachsender Innovator auf dem globalen Markt für orthopädische Rekonstruktion. Dies ist ein weiteres großartiges Beispiel dafür, wie wir strategische Übernahmen nutzen, um unser Wachstum zu beschleunigen, großartige Technologien und Talente in unser Unternehmen einzubringen und den Wert für unsere Aktionäre zu steigern“, so Matt Terotola, Vorsitzender des Verwaltungsrats und Chief Executive Officer von Enovis.

    Über die Enovis Corporation
    Die Enovis Corporation (NYSE: ENOV) ist ein innovationsorientiertes Wachstumsunternehmen im Bereich der Medizintechnik, das sich der Entwicklung klinisch differenzierter Lösungen verschrieben hat, die messbar bessere Patientenergebnisse erzielen und Arbeitsabläufe verändern. Im Rahmen einer Kultur der kontinuierlichen Verbesserung, globaler Talente und Innovation unterstützt das Unternehmen mit seiner umfangreichen Palette an Produkten, Dienstleistungen und integrierten Technologien einen aktiven Lebensstil in der Orthopädie und darüber hinaus. Die Stammaktien des Unternehmens sind in den Vereinigten Staaten an der New Yorker Börse unter dem Symbol ENOV notiert. Weitere Informationen über Enovis finden Sie unter www.enovis.com

    Zukunftsgerichtete Aussagen
    Diese Pressemitteilung enthält zukunftsgerichtete Aussagen, einschließlich zukunftsgerichteter Aussagen im Sinne des U.S. Private Securities Litigation Reform Act von 1995. Solche zukunftsgerichteten Aussagen umfassen unter anderem Aussagen zu den Plänen, Zielen, Erwartungen und Absichten des Unternehmens sowie andere Aussagen, die keine historischen oder aktuellen Fakten darstellen. Zukunftsgerichtete Aussagen beruhen auf den aktuellen Erwartungen des Unternehmens und beinhalten Risiken und Ungewissheiten, die dazu führen können, dass die tatsächlichen Ergebnisse erheblich von den in diesen zukunftsgerichteten Aussagen ausgedrückten oder implizierten Ergebnissen abweichen. Zu den Faktoren, die dazu führen könnten, dass die Ergebnisse des Unternehmens wesentlich von den derzeitigen Erwartungen abweichen, gehören unter anderem Risiken und Ungewissheiten in Bezug auf die jeweiligen Geschäfte des Unternehmens und von Lima, und die tatsächlichen Ergebnisse können wesentlich abweichen. Zu diesen Risiken und Unwägbarkeiten gehören unter anderem die Auswirkungen der Übernahme auf die Geschäftstätigkeit des Unternehmens und von Lima, einschließlich der künftigen finanziellen Lage und Leistung, der Betriebsergebnisse, der Strategie und der Pläne des kombinierten Unternehmens, einschließlich der erwarteten steuerlichen Behandlung, unvorhergesehener Verbindlichkeiten, künftiger Investitionsausgaben, Einnahmen, Ausgaben, Erträge, Synergien, wirtschaftlicher Leistung, Verschuldung, Verluste, Zukunftsaussichten sowie Geschäfts– und Managementstrategien für die Verwaltung, die Expansion und das Wachstum der Geschäftstätigkeit des neuen kombinierten Unternehmens; die möglichen Auswirkungen des Vollzugs der Übernahme auf die Beziehungen zu Kunden, Lieferanten und anderen Dritten; und die anderen Faktoren, die in den Berichten des Unternehmens, die bei der U.S. Securities and Exchange Commission (die „SEC“) eingereicht wurden, erläutert werden, einschließlich des jüngsten Jahresberichts auf Formblatt 10–K und der nachfolgenden Quartalsberichte auf Formblatt 10–Q unter der Überschrift „Risikofaktoren“, sowie die anderen Risiken, die in den bei der SEC eingereichten Unterlagen des Unternehmens erörtert werden. Darüber hinaus beruhen diese Aussagen auf Annahmen, die sich ändern können. Diese Pressemitteilung bezieht sich nur auf das Datum dieser Mitteilung. Das Unternehmen lehnt jede Verpflichtung zur Aktualisierung der hierin enthaltenen Informationen ab.

    Kontakt für Anlegerbeziehungen
    Kyle Rose
    Vice President, Investor Relations
    Enovis Corporation
    +1–917–734–7450
    investorrelations@enovis.com

    Medienkontakt
    Katie Sweet
    Vice President, Corporate Communications
    Enovis Corporation
    Katie.sweet@enovis.com

     


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    Enovis Completes Acquisition of LimaCorporate S.p.A http://www.saudimirror.com/?p=217950/ Wed, 03 Jan 2024 11:00:00 +0000 http://www.saudimirror.com/?p=217950 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 are excited to welcome Lima's talented team to Enovis. The combination brings Enovis’ recon segment to $1 billion in revenues and creates a fast–growing innovator in the global orthopedic reconstruction market. This is another great example of how we use strategic acquisitions to accelerate our growth, add great technologies and talent to our company, and drive compounding value for our shareholders,” said Matt Trerotola, Chair, and Chief Executive Officer of Enovis.

    About Enovis Corporation
    Enovis Corporation (NYSE: ENOV) is an innovation–driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent, and innovation, the Company’s extensive range of products, services, and integrated technologies fuels active lifestyles in orthopedics and beyond. The Company’s shares of common stock are listed in the United States on the New York Stock Exchange under the symbol ENOV. For more information about Enovis, please visit www.enovis.com

    Forward–Looking Statements
    This press release includes forward–looking statements, including forward–looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward–looking statements include, but are not limited to, statements regarding the Company’s plans, objectives, expectations and intentions and other statements that are not historical or current fact. Forward–looking statements are based on the Company’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward–looking statements. Factors that could cause the Company’s results to differ materially from current expectations include, but are not limited to, risks and uncertainties regarding the Company’s and Lima’s respective businesses, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the effects of the acquisition on the Company’s and Lima’s operations, including on the combined company’s future financial condition and performance, operating results, strategy and plans, including anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, losses, future prospects, and business and management strategies for the management, expansion and growth of the new combined company’s operations; the potential impact of the consummation of the acquisition on relationships with customers, suppliers and other third parties; and the other factors detailed in the Company’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10–K and subsequent Quarterly Reports on Form 10–Q under the caption “Risk Factors,” as well as the other risks discussed in the Company’s filings with the SEC. In addition, these statements are based on assumptions that are subject to change. This press release speaks only as of the date hereof. The Company disclaims any duty to update the information herein.

    Investor Relations Contact
    Kyle Rose
    Vice President, Investor Relations
    Enovis Corporation
    +1–917–734–7450
    investorrelations@enovis.com

    Media Contact
    Katie Sweet
    Vice President, Corporate Communications
    Enovis Corporation
    Katie.sweet@enovis.com


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    Veson Nautical extends data analytics and collaboration capabilities with acquisition of Shipfix http://www.saudimirror.com/veson-nautical-extends-data-analytics-and-collaboration-capabilities-with-acquisition-of-shipfix/ Thu, 14 Dec 2023 12:30:00 +0000 http://www.saudimirror.com/?p=217845 BOSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) — Veson Nautical (Veson), the global leader of maritime freight management solutions, today announced its acquisition of Shipfix, the collaborative data platform for the maritime and trade sectors driven by advanced AI–enabled tools. As Veson's second acquisition this year, Shipfix will further Veson's pursuit to deliver quality, contextual data to the industry. Veson will continue to offer Shipfix's suite of maritime solutions and bring the full Shipfix team onboard.

    Shipfix was founded in 2018 to solve the email overload challenge encountered by chartering desks. By developing innovative products and groundbreaking AI–enabled tools, Shipfix provides a unique data platform allowing trade professionals to make smarter decisions and ultimately trade smarter and faster. Their product suite has expanded beyond front–line trading and chartering into operations teams and physical trading. Shipfix supports dry and tanker clients alongside other customers interested in freight market insights.

    Shared clients will see the combined impact of Veson Nautical and Shipfix as Shipfix's pre–fixture data and insight capabilities are combined with Veson's existing end–to–end workflows to produce an unmatched freight trading and operations solution for the market. In addition, the data intelligence offerings from both Veson Nautical and Shipfix will become stronger through the consolidation, rationalization, and standardization of critical industry reference data.

    John Veson, Co–founder and CEO at Veson Nautical, said: "A massive amount of data goes into pre–fixture decision–making. We're fortunate to have a growing integrated dataset that helps clients leverage contextual data across vessel specifications, ownership structures, commodities, trade flows, and tonnage flows, all in one place. I am thrilled to officially welcome Shipfix's expert team to Veson as we add their market–validated and accepted chartering and operations platform to our suite of solutions."

    Antoine Grisay, Co–founder and Co–CEO at Shipfix said: "Together with Veson Nautical, we will deliver the ultimate integrated workflow and data experience shipping and trading companies have demanded for over a decade. We are very excited to start executing on the synergies between the companies. Our combined expertise will allow us to build a set of trading and operating insights that meet the increasingly sophisticated requirements of freight market participants."

    Serge Alleyne, Co–founder and Co–CEO at Shipfix, said: "When Antoine and I founded Shipfix five years ago, our vision was to emerge as the ultimate solution for the maritime and trade community, commencing with an AI–powered collaboration platform and a suite of data insights products. Today, as Shipfix joins forces with Veson Nautical, it presents a unique opportunity for us to truly become the premier maritime platform, integrating best–in–class maritime expertise, data insights, and communication workflows from pre to post–fixtures. This union aims to maximise our clients' efficiency and operations in ways never seen before. It's the perfect match for us, leveraging extraordinary data and workflow synergies to accelerate our growth and consistently deliver maximum value for the entire shipping industry."

    About Veson Nautical
    Veson Nautical delivers maritime freight management solutions that propel the global shipping economy. Trusted by buyers and sellers of bulk marine freight in every region of the world, Veson solutions are responsible for managing $109 billion in freight traded and moving 4.4 billion tons in annual trade each year.

    With a suite of offerings in marine freight trading and operations, vessel documentation, and data and analytics, Veson's products are widely recognized for their strong utility, sustained innovation, and measurable business impact.

    Veson is a champion of progress that actively supports its clients, partners, and broader community in navigating change while shaping the best practice workflows and standards of tomorrow's connected maritime shipping ecosystem. Veson.com

    About Shipfix
    Shipfix is a collaborative workflow and data platform for the maritime and trade sectors, driven by ground–breaking AI–enabled tools. Shipfix went live in 2018 and has over a thousand users globally across more than 70 global clients. The platform streamlines maritime workflows using market and operational intelligence with a focus on shipowners, commodity traders, industrials, freight forwarders and shipbrokers. The company has 4 offices globally in Paris, London, Singapore and Tbilisi (Georgia).

    With Shipfix, maritime and trade professionals make better–informed decisions and move faster. Users are enabled to find their market edge in highly volatile markets by turning their communications data into a competitive advantage. Shipfix is pioneering data transformation across the industry by enabling a subtle mix of artificial and human intelligence. Shipfix's software solutions include a front–end platform, a mobile app and a full API suite. www.shipfix.com

    Media Contact
    Claudia Norrgren
    PR & Communications Manager
    Veson Nautical
    E: press@veson.com
    C: +447736675334

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a29f3b8b–025b–432d–a434–cf9457db4ab4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6dfafab9–ddf4–4bae–ac47–82cca0b62e40

    https://www.globenewswire.com/NewsRoom/AttachmentNg/411c6d67–1882–49dd–b2bd–bcf6ae869af3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6d18b7f8–3109–4746–a024–13b1a7a44750

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b69a8617–d800–4c6b–ba2d–f7c39409e27d


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    BASF Environmental Catalyst and Metal Solutions (ECMS) signs agreement to acquire Arc Metal AB in Sweden http://www.saudimirror.com/basf-environmental-catalyst-and-metal-solutions-ecms-signs-agreement-to-acquire-arc-metal-ab-in-sweden/ Mon, 11 Dec 2023 13:45:00 +0000 http://www.saudimirror.com/?p=217794
  • Acquisition adds smelting capability to serve spent automotive catalyst customers in Europe, Middle East and Africa
  • Complements ECMS recycling operations and global precious metal services

  • Broadens range of materials that can be processed by ECMS

  • Closing of transaction expected in early first quarter 2024
  • ISELIN, N.J., Dec. 11, 2023 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) has signed an agreement to purchase the assets of Arc Metal AB in Hofors, Sweden. The company currently conducts toll smelting and processing of spent automotive catalyst, among other services, and will further complement ECMS's existing global precious metal recycling operations in Cinderford, UK, Seneca and Spartanburg, South Carolina, and Caldwell, Texas, USA. The closing of the transaction is expected early in the first quarter of 2024.

    "This investment will allow us to grow our recycling business in Europe and bring in best–in–class pyro–metallurgical technology providing flexibility to process high carbon containing materials, like Silicon Carbide found in spent automotive catalyst materials as well as access to new markets," said Tim Ingle, Senior Vice President, Precious Metal Services and Recycling, ECMS. "We look forward to welcoming our new colleagues who bring vast experience in smelting and processing of spent automotive catalysts."

    The additional smelting capacity at the Sweden site will also increase utilization of the new refinery capacity in Seneca, South Carolina. Recycled catalysts go through a smelting process and are then refined to produce the high purity precious metal needed to make new catalysts and other end use products, supporting a circular economy. Recycled platinum group metals can also lower carbon emissions by up to 97 percent, in comparison to refining mined or primary materials1.

    "The asset purchase will enable ECMS to meet increased customer demand for spent automotive catalyst recycling and position ECMS more competitively in the region," said Dirk Bremm, President and CEO, ECMS. "The acquisition also aligns with our sustainability efforts and those of our customers since catalyst recycling as a secondary supply is a significant source of precious metals, preserving our critical resources."

    To learn more about BASF's recycling business, visit www.basf.com/ecms.

    1 Source: Sphera Solutions GmbH (2022): GaBi Database Edition 2022, SP37

    About BASF Environmental Catalyst and Metal Solutions
    Leveraging its deep expertise as a global leader in catalysis and precious metals, BASF Environmental Catalyst and Metal Solutions (ECMS) serves customers in many industries including automotive, aerospace, indoor air quality, semiconductors, and hydrogen economy, and provides full loop services with its precious metals trading and recycling offering. With a focus on circular solutions and sustainability, ECMS is committed to helping our customers create a cleaner, more sustainable world. Protecting the elements of life is our purpose and this inspires us to ever–new solutions. ECMS operates globally in 15 countries with over 4,500 employees and 20 production sites.


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