Holding companies

Orbia Announces Second Quarter 2021 Financial Results

Retrieved on: 
Thursday, July 29, 2021

Added Bharadwaj, “This quarter, we executed on our strategy, approved investments to increase capacity in Netafim and Dura-Line to meet growing demand and completed the acquisition of a majority ownership in Shakun Polymers Private Limited to expand Polymer Solutions’ presence in Asia. As always, sustainability remains at the top of our agenda--we are investing in processes, solutions and services that reduce our carbon footprint, water usage and waste-to-landfill to advance life around a cleaner, greener world.”

Key Points: 
  • Robust PVC demand from the building and construction industries worldwide and force majeures among PVC suppliers continued into the second quarter, complemented by strong demand in compoundsespecially plasticizersand demand in the LatAm region.
  • On May 6, 2021, Orbia issued two sustainability-linked senior notes: a 5-year $600 million note and a 10-year $500 million note at an annual cost of 1.875% and 2.875%, respectively.
  • As of the end of Q2 2021, Orbia has no issuances under this program.
  • Orbia will host a conference call to discuss Q2 2021 results on July 29, 2021 at 10:00 am Central Time (CT; Mexico City)/11:00 am Eastern Time (ET; New York).

Latin America In-Vitro Diagnostic Tests Research Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 26, 2021

The "The Market for In Vitro Diagnostic Tests in Latin America" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Market for In Vitro Diagnostic Tests in Latin America" report has been added to ResearchAndMarkets.com's offering.
  • Latin America (LATAM) is a key target for IVD manufacturers exploring expansion opportunities.
  • This report, The Market for In Vitro Diagnostic Tests in Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela and other nations), focuses on the market for reagents and instruments in the most important countries of the continent.
  • Immunoassay (non-microbiology): hormones, tumor markers, bone markers, oncology markers, autoimmunity, allergy, anemia, neonatal tests, prenatal tests, interleukins, PCT.

Lumen to Sell Latin American Business to Stonepeak for $2.7B

Retrieved on: 
Monday, July 26, 2021

DENVER and NEW YORK, July 26, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to Stonepeak, a leading alternative investment firm, for $2.7 billion.

Key Points: 
  • DENVER and NEW YORK, July 26, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to Stonepeak, a leading alternative investment firm, for $2.7 billion.
  • Under the terms of the purchase agreement, Lumen will divest its Latin American business, which will operate as an independent, U.S. headquartered portfolio company of Stonepeak (the "New LATAM Company").
  • The current Latin American leadership team and organization will remain in place, led by Hector Alonso, Lumen's president for the region.
  • "Stonepeak has been an early and active investor in digital infrastructure globally and we are looking forward to applying our experience and additional capital to Lumen's Latin American business."

NCRi continues its global growth run with the acquisition of Ascentia Services LLC and companies, adding new contact center locations in UAE, India, and Bahrain

Retrieved on: 
Wednesday, July 14, 2021

With this transaction, NCRi International now operates 12 Customer Experience Contact Centers across the world in the North America, LATAM, MENA, and APAC sectors.

Key Points: 
  • With this transaction, NCRi International now operates 12 Customer Experience Contact Centers across the world in the North America, LATAM, MENA, and APAC sectors.
  • NCRi CEO and Founder Asif Mirza will stay on as CEO of NCRi Global.
  • Ascentia CEO and founder: Nitha Joseph will assume the new role of Global Chief Visionary Officer.
  • NCRi services major international clients across various business sectors, including Banking & Finance, Government, Healthcare, Telecommunications, Utilities and more.

Auth0 Expands Global Partner Network in Latin America with CLM

Retrieved on: 
Tuesday, June 29, 2021

Auth0 , the modern identity platform, today announced a partnership with CLM , a value-added distributor that specializes in advanced data center infrastructure and cybersecurity.

Key Points: 
  • Auth0 , the modern identity platform, today announced a partnership with CLM , a value-added distributor that specializes in advanced data center infrastructure and cybersecurity.
  • CLM is Auth0s first distribution partner in Latin America (LATAM) and extends Auth0s reach into Brazil, Colombia, Ecuador, and Peru to provide local partners and their customers with an extensible, trusted identity management solution.
  • The addition of CLM to Auth0s Partner Program and Auth0s growth in LATAM indicates demand for cloud-based identity management solutions that balance security and customer experience.
  • Together, Auth0 and CLM are supporting major companies in Latin Americaincluding AK Networks and XP Inc. to meet their evolving identity management and security goals.

Arctech Remained World's 4th Largest Solar Tracker Supplier in 2020

Retrieved on: 
Tuesday, June 1, 2021

In the Middle East, Arctech rose to the second largest tracker supplier with a 33% market share, up a whopping 25% from 2019, according to Wood Mackenzie.

Key Points: 
  • In the Middle East, Arctech rose to the second largest tracker supplier with a 33% market share, up a whopping 25% from 2019, according to Wood Mackenzie.
  • Arctech ranked as the top tracker supplier in LATAM for the third year, and it continued to take the third spot in the Mexican market ranking in 2020.
  • The report notes that Arctech was still the unchallenged leader in China's solar tracker sector, claiming a dominant market share of 46% in 2020.
  • The company delivered SkyLine to a 3.2GW solar park, the world's largest solar PV plant in Qinghai province.

Arctech Remained World's 4th Largest Solar Tracker Supplier in 2020

Retrieved on: 
Tuesday, June 1, 2021

In the Middle East, Arctech rose to the second largest tracker supplier with a 33% market share, up a whopping 25% from 2019, according to Wood Mackenzie.

Key Points: 
  • In the Middle East, Arctech rose to the second largest tracker supplier with a 33% market share, up a whopping 25% from 2019, according to Wood Mackenzie.
  • Arctech ranked as the top tracker supplier in LATAM for the third year, and it continued to take the third spot in the Mexican market ranking in 2020.
  • The report notes that Arctech was still the unchallenged leader in China's solar tracker sector, claiming a dominant market share of 46% in 2020.
  • The company delivered SkyLine to a 3.2GW solar park, the world's largest solar PV plant in Qinghai province.

FlexDealer's Briar Latam Receives 2021 Women & Automotive Honouree Award

Retrieved on: 
Thursday, May 27, 2021

EDMONTON, AB, May 27, 2021 /PRNewswire/ --FlexDealer is proud to announce that FlexDealer's Managing Director, Briar Latam, has been named a 2021 Women & Automotive Honouree, joining a class of fewer than 100 women who have been recognized for their excellence and leadership in the automotive industry.

Key Points: 
  • EDMONTON, AB, May 27, 2021 /PRNewswire/ --FlexDealer is proud to announce that FlexDealer's Managing Director, Briar Latam, has been named a 2021 Women & Automotive Honouree, joining a class of fewer than 100 women who have been recognized for their excellence and leadership in the automotive industry.
  • This year's Honourees will be recognized at the 2021 Women & Automotive Conference , which will be held virtually for the second year in a row due to the ongoing COVID-19 pandemic.
  • All of the Women & Automotive Honourees are featured in the June print issue of Auto Remarketing , and took part in a Q&A with Women & Automotive to discuss industry topics, their specific roles in automotive, and their thoughts on the future of the space.
  • We are still in an industry that is dominated by men, which is why events like Women & Automotive were born.

sparks & honey Welcomes Clineu Fernandes as New Chief Operating Officer to Its Leadership Team

Retrieved on: 
Tuesday, May 4, 2021

b"NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- sparks & honey , Omnicom\xe2\x80\x99s (NYSE:OMC) technology-led cultural consultancy, today announced the appointment of Clineu Fernandes to the role of Chief Operating Officer.

Key Points: 
  • b"NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- sparks & honey , Omnicom\xe2\x80\x99s (NYSE:OMC) technology-led cultural consultancy, today announced the appointment of Clineu Fernandes to the role of Chief Operating Officer.
  • He will work closely with sparks & honey Founder and CEO, Terry Young.\nFernandes joins sparks & honey from ShopFully, an Italy-based tech company where he served as the LATAM, VP and CEO of the Americas operations for the past four years overseeing corporate growth.
  • He\xe2\x80\x99ll now be using that experience to help sparks & honey continue its growth trajectory.
  • On top of learning day-to-day from this brilliant team, I\xe2\x80\x99m excited to help the company continue to grow and move into a well-deserved leadership position it the market,\xe2\x80\x9d said Fernandes.

GoldConnect and SONDA Announce Commercial Partnership in USA

Retrieved on: 
Thursday, April 29, 2021

b'MIAMI, April 29, 2021 /PRNewswire/ -- GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announce a strategic partnership with SONDA, a Latin America based leading IT service provider with over 45 years of experience providing an integral supply of IT services and solutions.\n"This distinctive partnership with SONDA represents an important move for GoldConnect to further expand our IT capabilities with complex IT solutions for our LATAM clients.

Key Points: 
  • b'MIAMI, April 29, 2021 /PRNewswire/ -- GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announce a strategic partnership with SONDA, a Latin America based leading IT service provider with over 45 years of experience providing an integral supply of IT services and solutions.\n"This distinctive partnership with SONDA represents an important move for GoldConnect to further expand our IT capabilities with complex IT solutions for our LATAM clients.
  • We recently added our fifth regional data center named "KUDOS", with Tier IV Certification.
  • Together, GoldConnect and SONDA will offer integral solutions that provide competitive advantages for companies with global operations,"says Ral Sapunar, Managing Director of SONDA Chile.\nGoldConnect is a leading telecommunications provider with a presence in 17 countries in Latin America and The Caribbean.
  • All these attributes allows it to offer solutions aligned to the business strategies of its customers.\n'