Joint venture

Newrez and Keller Williams Bergen County Partners Launch New Joint Venture Lender, Carnegie Mortgage Partners

Retrieved on: 
Monday, November 6, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Public Relations, Investor Relations, Banking, REIT, Communications, Professional Services, Architecture, Residential Building & Real Estate, Senior, Principal, Onward Homes, Joint venture, Growth, Partnership, Real estate

Newrez LLC (“Newrez”, the “Company”), a national mortgage lending and servicing organization, is excited to announce the launch of a new joint venture mortgage company, Carnegie Mortgage Partners, LLC (“Carnegie Mortgage Partners”), in partnership with Keller Williams Bergen County Partners.

Key Points: 
  • Newrez LLC (“Newrez”, the “Company”), a national mortgage lending and servicing organization, is excited to announce the launch of a new joint venture mortgage company, Carnegie Mortgage Partners, LLC (“Carnegie Mortgage Partners”), in partnership with Keller Williams Bergen County Partners.
  • “The joint venture value proposition is a commitment of excellence in customer service not only to its clients, but its referring partners as well,” said Margaret Bernabei, President of Carnegie Mortgage Partners.
  • “We are excited to partner with Newrez because their vision, and more importantly, their values fit nicely with our own,” said Al Donohue, Operating Principal of Keller Williams Bergen County Partners.
  • “Carnegie Mortgage Partners’ unwavering commitment to continued growth and exceeding customer expectations aligns seamlessly with the Newrez way,” said Randy Vanden Houten, Senior Vice President Joint Venture & Retail Lending at Newrez.

Mercedes-Benz Announces Strategic Alliance with Simon® to Expand High-Power Charging Network

Retrieved on: 
Thursday, November 2, 2023
Restaurant, Bar, EV, Electric Vehicles, Other Retail, Other Energy, Utilities, General Automotive, Public Transport, Energy, Automotive, Delivery Services, Other Transport, Retail, Transport, Digital, Mercedes-Benz, Insurance, Athlon, Mercedes-Benz Mobility, Mercedes-Benz Bank, IONITY, HPC, Mercedes-Benz Group, Work, Original equipment manufacturer, EQ, Multimedia, Advertising, Senior, EBIT, Utilization, Joint venture, Growth, Placement, Mobility, Vehicle registration plates of Nepal, Travel, Optare StarRider, FREE, DCS, Map, Automotive industry, Car dealership

Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.

Key Points: 
  • Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.
  • This alliance represents one of Mercedes-Benz HPC NA’s initial steps towards fulfilling its promise of expanding the EV charging map in North America through a value-based approach.
  • Mercedes-Benz's initiatives to establish a high-power charging infrastructure also include the Europe-wide fast-charging network joint venture IONITY, which already comprises around 3,000 charging points, and the recently established joint venture with six other automotive OEMs to expand the North American high-power charging network.
  • The company's own Mercedes-Benz Charging Network consisting of branded charging hubs is the next important step in the company's electrification strategy.

GC AESTHETICS AND BIMINI HEALTH TECH FORM STRATEGIC PARTNERSHIP TO ADVANCE BREAST RECONSTRUCTION SOLUTIONS GLOBALLY

Retrieved on: 
Friday, October 27, 2023
LATAM, Sea Duck Joint Venture, Joint venture, GCA, Partnership, Woman, Patient, Birth control, Medical imaging

DUBLIN, Ireland, Oct. 27, 2023 /PRNewswire/ -- GC Aesthetics®, a long-established brand in breast aesthetics, and Bimini Health Tech ("Bimini"), a pioneer in novel healthcare solutions, are pleased to announce their groundbreaking Joint Venture partnership aimed at revolutionizing breast reconstruction worldwide.

Key Points: 
  • DUBLIN, Ireland, Oct. 27, 2023 /PRNewswire/ -- GC Aesthetics®, a long-established brand in breast aesthetics, and Bimini Health Tech ("Bimini"), a pioneer in novel healthcare solutions, are pleased to announce their groundbreaking Joint Venture partnership aimed at revolutionizing breast reconstruction worldwide.
  • Under the umbrella of the Joint Venture named "OPALINE Aesthetics," GC Aesthetics will deploy Bimini's healthcare solutions outside the United States and Canada.
  • We want to provide patients around the globe state-of-the-art breast reconstruction solutions with a demonstrated best-in-class safety profile," said Carlos Reis Pinto, CEO of GC Aesthetics.
  • By joining forces, GC Aesthetics and Bimini Health Tech intend to elevate women's healthcare and well-being, offering comprehensive support for breast reconstruction needs.

Eagle Materials Reports Record Second Quarter Results With 15% EPS Growth

Retrieved on: 
Thursday, October 26, 2023
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Energy, Chemicals, Plastics, Building Systems, Manufacturing, Energy, Other Construction & Property, Residential Building & Real Estate, Adjustment, EXP, NYSE, Eagle Materials, Housing, Paperboard, International joint venture, Acquisition, Joint venture, EPS, Drywall, Joint, Concrete, Redwood Materials, Inc., Fed, MSF, Building material, Stockton Terminal and Eastern Railroad, Bookkeeping, Cement

We generated record revenue of $622 million and record EPS of $4.26, and we expanded gross margins by 150 bps to 33.6%.

Key Points: 
  • We generated record revenue of $622 million and record EPS of $4.26, and we expanded gross margins by 150 bps to 33.6%.
  • Cement revenue for the quarter, including Joint Venture and intersegment revenue, was up 13% to $360.8 million, and operating earnings were a record $121.4 million, up 23%.
  • Second quarter operating earnings declined 36% to $4.6 million, primarily reflecting lower Concrete sales volume and higher cost of materials.
  • In addition, for segment reporting purposes, we report intersegment revenue as a part of a segment’s total revenue.

GC Aesthetics and Bimini Health Tech Form Strategic Partnership to Advance Breast Reconstruction Solutions Globally

Retrieved on: 
Thursday, October 26, 2023
Medical Supplies, Health, Consumer, Women, Surgery, General Health, Cardiology, Woman, Standard of care, LATAM, Sea Duck Joint Venture, Joint venture, GCA, Partnership, GC, Patient, Women's Healthcare in the 20th Century United States, Birth control, Medical imaging

GC Aesthetics®, a long-established brand in breast aesthetics, and Bimini Health Tech (“Bimini”), a pioneer in healthcare solutions, are pleased to announce their groundbreaking Joint Venture partnership aimed at revolutionizing breast reconstruction worldwide.

Key Points: 
  • GC Aesthetics®, a long-established brand in breast aesthetics, and Bimini Health Tech (“Bimini”), a pioneer in healthcare solutions, are pleased to announce their groundbreaking Joint Venture partnership aimed at revolutionizing breast reconstruction worldwide.
  • This strategic collaboration combines GC Aesthetics' 40 years’ experience in design, manufacturing, and distribution of Silicone Breast Implants with Bimini's expertise in Breast Reconstruction innovation.
  • Conversely, Bimini will commercialize selective GC Aesthetics’ breast reconstruction solutions into the United States which will complement its industry leading Puregraft portfolio of technologies that offer a broad set of solutions to plastic and reconstructive surgeons.
  • By joining forces, GC Aesthetics and Bimini Health Tech aim to elevate women's healthcare and well-being, offering comprehensive support for breast reconstruction needs.

Virion Therapeutics and Joint Venture Partner, Ocean Biomedical (NASDAQ: OCEA), Announce First Patients Dosed with Novel Immunotherapy Evaluating a Functional Cure for Chronic Hepatitis B Virus Infection

Retrieved on: 
Thursday, October 26, 2023
Ocean Biomedical, Joint venture, Hepatitis, Therapy, Patient, HBV, Vaccine, Pharmaceutical industry, Virus

PHILADELPHIA, Oct. 26, 2023 /PRNewswire/ -- Virion Therapeutics, LLC, a clinical-stage biotechnology company developing novel T cell-based immunotherapies, and its Joint Venture partner, Ocean Biomedical, Inc. (NASDAQ: OCEA ), today announced that the first patients have been dosed in the Phase 1b clinical trial of its investigational VRON-0200 immunotherapy, which is being evaluated as a functional cure for patients with chronic Hepatitis B virus (HBV) infection.

Key Points: 
  • PHILADELPHIA, Oct. 26, 2023 /PRNewswire/ -- Virion Therapeutics, LLC, a clinical-stage biotechnology company developing novel T cell-based immunotherapies, and its Joint Venture partner, Ocean Biomedical, Inc. (NASDAQ: OCEA ), today announced that the first patients have been dosed in the Phase 1b clinical trial of its investigational VRON-0200 immunotherapy, which is being evaluated as a functional cure for patients with chronic Hepatitis B virus (HBV) infection.
  • VRON-0200, a first-in-class treatment, using one of Virion's proprietary checkpoint modifiers, was specifically designed to enhance and broaden a patient's own immune response.
  • This novel mechanism of action may help overcome one of the key problems faced in treating chronic HBV - immune exhaustion.
  • The international, first-in-human VRON-0200 Phase 1b study is currently enrolling patients in Hong Kong and New Zealand, with additional sites planned in the United States.

VIVOPOWER SIGNS DEFINITIVE JOINT VENTURE AGREEMENT WITH DIGITAL TWIN TECHNOLOGY COMPANY, GEMINUM

Retrieved on: 
Wednesday, October 18, 2023
TCO, JV, Mining, Carbon, B Corporation (certification), Joint venture, Ecosystem, Cryptocurrency

LONDON, Oct. 18, 2023 (GLOBE NEWSWIRE) -- NASDAQ listed B Corp, VivoPower International PLC (“VivoPower”), is pleased to announce that it has signed a Joint Venture (“JV Agreement”) with Geminum Pty Ltd (“Geminum”), a specialist digital twin technology company founded in Australia, to design, test and implement digital twins of Tembo electric utility vehicles and ancillary VivoPower sustainable energy solutions (VivoSES).

Key Points: 
  • Geminum specialises in digital twin solutions for corporations seeking to implement decarbonisation solutions in a safe, cost-effective and integrated manner
    Geminum leadership team have 20 years of combined digital twin and change management experience, particularly in the mining industry
    LONDON, Oct. 18, 2023 (GLOBE NEWSWIRE) -- NASDAQ listed B Corp, VivoPower International PLC (“VivoPower”), is pleased to announce that it has signed a Joint Venture (“JV Agreement”) with Geminum Pty Ltd (“Geminum”), a specialist digital twin technology company founded in Australia, to design, test and implement digital twins of Tembo electric utility vehicles and ancillary VivoPower sustainable energy solutions (VivoSES).
  • These digital twins will enable corporations engaging in decarbonisation programmes to optimise total cost of ownership (“TCO”) and capture and synthesize near real-time analytics and carbon abatement data.
  • Geminum, a specialist digital twin technology company, will also provide mining industry expertise to assist Tembo with the development of solutions that better meet the needs of remote owner operators.
  • This JV Agreement with Geminum will fortify our VivoSES (sustainable energy solutions) capabilities, especially for the mining sector and enable our customers and partners to achieve their decarbonisation goals.”

MBWL International announces extension of Joint Venture to include Normandin Beaudry

Retrieved on: 
Wednesday, October 25, 2023
Consulting, Professional Services, Human Resources, Finance, Communication, JV, Pension, Organization, Partnership, Joint venture, Growth, Compensation, Culture, Asset management, Health, Milliman

MBWL International (MBWL), an international joint venture between Barnett Waddingham, Milliman, and Lurse, today announces that Normandin Beaudry has joined as a fourth equal Joint Venture (JV) partner to strengthen MBWL’s global pensions, benefits and M&A services.

Key Points: 
  • MBWL International (MBWL), an international joint venture between Barnett Waddingham, Milliman, and Lurse, today announces that Normandin Beaudry has joined as a fourth equal Joint Venture (JV) partner to strengthen MBWL’s global pensions, benefits and M&A services.
  • Founded in 1992, Normandin Beaudry is a distinguished Canadian-based independent actuarial and total rewards consultancy privately owned exclusively by its professionals.
  • Normandin Beaudry has been a strategic partner of MBWL’s for many years, and the new JV will formalise and strengthen their relationship.
  • Normandin Beaudry joins MBWL as an equal partner firm and extends the reach of MBWL by adding another key Employee Benefits and Defined Benefit (DB) pensions market to its global coverage.

Aviapartner Extends Footprint Through Joint Venture With South Africa

Retrieved on: 
Saturday, October 21, 2023
Other Travel, Air, Transportation, Transport, Travel, Venture, Lufthansa, South African Airways, Safety, Acquisition, Airlink, Royal Commission into Aged Care Quality and Safety, Joint venture, Partnership, Aircraft, Airport, Airline, Ethiopian Airlines, Aviapartner, African, British Airways

Aviapartner, leading Airport Ground Services group in Europe, enters a Joint Venture with Colossal to serve airlines and passengers in South Africa.

Key Points: 
  • Aviapartner, leading Airport Ground Services group in Europe, enters a Joint Venture with Colossal to serve airlines and passengers in South Africa.
  • Aviapartner will control 51% of the new Joint Venture.
  • With this acquisition, Aviapartner gains a presence in South Africa, supported by Colossal.
  • This Joint Venture allows us to enter the South African market and to offer the same Quality and Safety already provided to passengers and airliners at leading European airports.

EdgeNext and Ajlan & Bros Holding Group Ink Transformative Joint Venture Agreement to Revolutionize CDN, Edge Cloud, and Cloud Security in the MENA Region

Retrieved on: 
Thursday, October 19, 2023
Telecommunications, Software, Networks, Internet, Technology, Carriers and Services, Mobile, Wireless, Security, Partner, CDN, Content delivery network, United Arab Emirates, GITEX, Multimedia, Support, Joint venture, Ajlan & Brothers, Partnership, Cloud computing, Retail, Arms industry

EdgeNext , a global frontrunner in Content Delivery Network (CDN), edge cloud and cloud security solutions, and Ajlan & Bros Holding Group , one of the leading conglomerates in the Middle East, are excited to announce their groundbreaking joint venture at GITEX 2023.

Key Points: 
  • EdgeNext , a global frontrunner in Content Delivery Network (CDN), edge cloud and cloud security solutions, and Ajlan & Bros Holding Group , one of the leading conglomerates in the Middle East, are excited to announce their groundbreaking joint venture at GITEX 2023.
  • This collaboration aims to provide state-of-the-art CDN, edge cloud, and cloud security products tailored for the Middle East and North Africa (MENA) region and beyond.
  • Highlights of the Joint Venture:
    - Innovation at the Forefront: Leveraging EdgeNext's proven expertise in CDN/edge cloud and Ajlan & Bros Holding Group's deep understanding of regional needs, the joint venture will introduce groundbreaking technologies and solutions that drive the digital frontier in the MENA region.
  • We believe that this cooperation with EdgeNext can introduce leading CDN and cloud computing services to land in Saudi Arabia.