Wärtsilä

ASSA ABLOY acquires Olimpia Hardware

Retrieved on: 
Friday, October 2, 2020
Assa Abloy, Wärtsilä, Assa, Assa, Yachting, Boating, Sailing yachts

STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.

Key Points: 
  • STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- ASSA ABLOY has acquired Olimpia Hardware, a leading glass hardware and accessories brand in Latin America and the Caribbean.
  • "I am very pleased to welcome Olimpia into the ASSA ABLOY Group.
  • This constitutes an important next step in our strategy to grow market leadership in emerging markets," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • ASSA ABLOY will continue to sell Olimpia branded products across the region.

BioHiTech Provides the First Altapure AP-4 Disinfectant System to the Cruise Industry

Retrieved on: 
Wednesday, September 30, 2020
Cruise ships, Wärtsilä, Sanitization, Disinfectant, SeaDream I, NASDAQ, Cruise, Finance, Companies

CHESTNUT RIDGE, N.Y., Sept. 30, 2020 /PRNewswire/ --BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a sustainable technology and services company, announced today that the Company has shipped the first Altapure AP-4 high-level disinfectant system to the cruise industry.

Key Points: 
  • CHESTNUT RIDGE, N.Y., Sept. 30, 2020 /PRNewswire/ --BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a sustainable technology and services company, announced today that the Company has shipped the first Altapure AP-4 high-level disinfectant system to the cruise industry.
  • The Altapure technology will be used in conjunction with other sanitization equipment on a daily basis.
  • "The cruise industry faces unique challenges as each line seeks to relaunch operations in this difficult new environment," said Frank E. Celli, CEO of BioHiTech.
  • "SeaDream is now leading the way in health and safety through the use of the Altapure AP-4 disinfection system.

Viking Analytics and Bharat Forge Kilsta start collaboration in data-driven production quality project

Retrieved on: 
Monday, September 21, 2020
Articles, Fictional characters, Companies, Business intelligence, Formal sciences, Ovako, Wärtsilä, Bharat Forge, Volvo, Analytics, Forge

GOTHENBURG, Sweden, Sept. 21, 2020 /PRNewswire/ -- Viking Analytics, a Swedish provider of advanced analytics solutions for predictive operations, and Bharat Forge Kilsta AB, one of the world's largest forging suppliers, began collaborating in a data-driven production quality project.

Key Points: 
  • GOTHENBURG, Sweden, Sept. 21, 2020 /PRNewswire/ -- Viking Analytics, a Swedish provider of advanced analytics solutions for predictive operations, and Bharat Forge Kilsta AB, one of the world's largest forging suppliers, began collaborating in a data-driven production quality project.
  • We are very proud to be partnering with Bharat Forge Kilsta AB in this relevant digitalization process."
  • Hans Lindbck, project manager at Bharat Forge Kilsta AB, continues: "For us, this is the first project where we apply artificial intelligence in our production.
  • The collaboration is the first stage of a broader program to drive competitiveness through AI involving Bharat Forge Kilsta SB, RISE, Karlstad University, Alfred Nobel Science Park, Ovako, Volvo, Business Region rebro, and Viking Analytics.

Viking Analytics and Bharat Forge Kilsta start collaboration in data-driven production quality project

Retrieved on: 
Monday, September 21, 2020
Articles, Fictional characters, Companies, Business intelligence, Formal sciences, Ovako, Wärtsilä, Bharat Forge, Volvo, Analytics, Forge

GOTHENBURG, Sweden, Sept. 21, 2020 /PRNewswire/ -- Viking Analytics, a Swedish provider of advanced analytics solutions for predictive operations, and Bharat Forge Kilsta AB, one of the world's largest forging suppliers, began collaborating in a data-driven production quality project.

Key Points: 
  • GOTHENBURG, Sweden, Sept. 21, 2020 /PRNewswire/ -- Viking Analytics, a Swedish provider of advanced analytics solutions for predictive operations, and Bharat Forge Kilsta AB, one of the world's largest forging suppliers, began collaborating in a data-driven production quality project.
  • We are very proud to be partnering with Bharat Forge Kilsta AB in this relevant digitalization process."
  • Hans Lindbck, project manager at Bharat Forge Kilsta AB, continues: "For us, this is the first project where we apply artificial intelligence in our production.
  • The collaboration is the first stage of a broader program to drive competitiveness through AI involving Bharat Forge Kilsta SB, RISE, Karlstad University, Alfred Nobel Science Park, Ovako, Volvo, Business Region rebro, and Viking Analytics.

ASSA ABLOY sells CEDES in Switzerland to capiton AG

Retrieved on: 
Monday, September 7, 2020
Assa Abloy, Wärtsilä, Assa, Yachting, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.

Key Points: 
  • STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.
  • CEDES was established in 1986 and has some 320 employees.
  • "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • no: +46 8 506 485 72
    The ASSA ABLOY Group is the global leader in access solutions.

ASSA ABLOY sells CEDES in Switzerland to capiton AG

Retrieved on: 
Monday, September 7, 2020
Assa Abloy, Wärtsilä, Assa, Yachting, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.

Key Points: 
  • STOCKHOLM, Sept. 7, 2020 /PRNewswire/ -- ASSA ABLOY has signed an agreement to sell its sensor technology business CEDES in Switzerland to capiton AG.
  • CEDES was established in 1986 and has some 320 employees.
  • "I find it very satisfying that with capiton AG, CEDES and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • no: +46 8 506 485 72
    The ASSA ABLOY Group is the global leader in access solutions.

ASSA ABLOY's divestiture of certain businesses in relation to the acquisition of agta record completed

Retrieved on: 
Tuesday, September 1, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").

Key Points: 
  • STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").
  • The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK.
  • In addition, agta record's high-speed door business located mainly in France is also included.
  • The divested business had a turnover in 2019 of approximately MEUR 93, representing about 20% of total initial added revenue.

ASSA ABLOY's divestiture of certain businesses in relation to the acquisition of agta record completed

Retrieved on: 
Tuesday, September 1, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Boating, Sailing yachts

STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").

Key Points: 
  • STOCKHOLM, Sept. 1, 2020 /PRNewswire/ --ASSA ABLOY has closed the sale to Italy based FAAC Group of certain agta record and ASSA ABLOY businesses, as part of the commitments to address the competition concerns of the EU Commission in connection with the acquisition of the Swiss company agta record (the "Divestiture").
  • The divested business includes the agta record operations in the Netherlands, Austria, Hungary and Slovenia, as well as the ASSA ABLOY automatic pedestrian door business in France and the UK.
  • In addition, agta record's high-speed door business located mainly in France is also included.
  • The divested business had a turnover in 2019 of approximately MEUR 93, representing about 20% of total initial added revenue.

ASSA ABLOY files simplified public tender offer for the remaining outstanding shares of agta record

Retrieved on: 
Monday, August 24, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Euronext, Aeta people, Agta, Boating, Sailing yachts, Aeta languages

STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").

Key Points: 
  • STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").
  • ASSA ABLOY today announced that it has filed, via its indirectly and wholly owned subsidiary ASSA ABLOY Euro Holding AB, the draft tender offer document with the French Financial Markets Authority (AMF - Autorit des marchs financiers) relating to its proposed simplified public tender offer for the purchase of all of the remaining shares of agta record (Euronext Paris: AGTA) at an adjusted[1]purchase price of EUR 70.58 per share.
  • agta record has also today filed its draft offer document in response to ASSA ABLOY's Offer.
  • The Board of Directors of agta record, which was renewed after the completion of the acquisition by ASSA ABLOY of the 54% shareholding in agta record, has also unanimously recommended the Offer and has approved the application to Euronext Paris for the delisting of the agta record shares after the closing of the Offer.

ASSA ABLOY files simplified public tender offer for the remaining outstanding shares of agta record

Retrieved on: 
Monday, August 24, 2020
Assa Abloy, Wärtsilä, Yachting, Assa, Assa, Euronext, Aeta people, Agta, Boating, Sailing yachts, Aeta languages

STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").

Key Points: 
  • STOCKHOLM, Aug. 24, 2020 /PRNewswire/ -- ASSA ABLOY has today filed, with the French Financial Markets Authority (AMF), a proposed simplified public tender offer to purchase the remaining outstanding shares of the Swiss company agta record ag ("agta record") at a price of EUR 70.58 per agta record share (the "Offer").
  • ASSA ABLOY today announced that it has filed, via its indirectly and wholly owned subsidiary ASSA ABLOY Euro Holding AB, the draft tender offer document with the French Financial Markets Authority (AMF - Autorit des marchs financiers) relating to its proposed simplified public tender offer for the purchase of all of the remaining shares of agta record (Euronext Paris: AGTA) at an adjusted[1]purchase price of EUR 70.58 per share.
  • agta record has also today filed its draft offer document in response to ASSA ABLOY's Offer.
  • The Board of Directors of agta record, which was renewed after the completion of the acquisition by ASSA ABLOY of the 54% shareholding in agta record, has also unanimously recommended the Offer and has approved the application to Euronext Paris for the delisting of the agta record shares after the closing of the Offer.