Mittelstand

Mercanis Raises $10M Series Seed Investment in Mission to Boost Further Savings for Procurement Teams

Retrieved on: 
Thursday, August 17, 2023
Intelligence, LLM Communications, Singaling Hkamti, Amer Sports, Organization, Frutiger, Artificiality, Artificial intelligence, Growth, Entrepreneurship, AI, VC, Automation, Software, Television, Cryptocurrency, Mittelstand

BERLIN, SUNNYVALE, Calif., Aug. 17, 2023 /PRNewswire/ -- Mercanis, a Berlin-based start-up announces the completion of its latest seed funding of $10M.

Key Points: 
  • BERLIN, SUNNYVALE, Calif., Aug. 17, 2023 /PRNewswire/ -- Mercanis, a Berlin-based start-up announces the completion of its latest seed funding of $10M.
  • Following the successful seed funding round, Mercanis plans to catalyze growth and innovation by using the investment for the core areas.
  • The primary focus will be on product development, including further exploiting the potential of Artificial Intelligence (AI) within the Mercanis procurement suite.
  • Mercanis is already a trusted partner for global giants like Linde, Wilson, Arcteryx, Hypoport, and prominent Mittelstand players such as weinor, Oventrop, Frutiger.

EQS-News: Jens Weidmann new Chairman of Commerzbank’s Supervisory Board

Retrieved on: 
Thursday, June 1, 2023
Deutsche Bundesbank, KNOF, European Central Bank, Executive officer, Speech, AGM-154 Joint Standoff Weapon, Tier 1, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Supervisory board, AGM, Robin, Commerzbank, Central bank, Management, Share repurchase, National Executive Board of the Boy Scouts of America, Trust, ECB, Supervision, Chief financial officer, Personality, Bank, Security (finance), Property management, Holding company, Mittelstand

Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.”

Key Points: 
  • Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.”
    Jens Weidmann is the new Chairman of the Supervisory Board of Commerzbank.
  • Following today’s Annual General Meeting (AGM), the Supervisory Board unanimously elected the former President of Deutsche Bundesbank as successor to Helmut Gottschalk.
  • “I'm looking forward to the important task of accompanying Commerzbank on its way ahead in my role as Chairman of the Supervisory Board.
  • I would like to thank the shareholders and the Supervisory Board for their trust,” said Jens Weidmann.

Jens Weidmann new Chairman of Commerzbank’s Supervisory Board

Retrieved on: 
Thursday, June 1, 2023
Deutsche Bundesbank, KNOF, European Central Bank, Executive officer, Speech, AGM-154 Joint Standoff Weapon, Tier 1, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Supervisory board, AGM, Robin, Commerzbank, Central bank, Management, Share repurchase, National Executive Board of the Boy Scouts of America, Trust, ECB, Supervision, Chief financial officer, Personality, Bank, Security (finance), Property management, Holding company, Mittelstand

Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.”

Key Points: 
  • Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.”
    Jens Weidmann is the new Chairman of the Supervisory Board of Commerzbank.
  • Following today’s Annual General Meeting (AGM), the Supervisory Board unanimously elected the former President of Deutsche Bundesbank as successor to Helmut Gottschalk.
  • “I'm looking forward to the important task of accompanying Commerzbank on its way ahead in my role as Chairman of the Supervisory Board.
  • I would like to thank the shareholders and the Supervisory Board for their trust,” said Jens Weidmann.

EQS-News: DATAGROUP SE: DATAGROUP Posts Very Good Business Results in the First Half of FY 2022/2023

Retrieved on: 
Saturday, May 27, 2023
PY, IPO, CET, WKN, Bank statement, Tax, SAP, EBIT, Gesellschaft mit beschränkter Haftung, EUR, CAPEX, Running, EBITDA, Acquisition, COVID-19, Investment, Webcast, Depreciation, Bad, Automation, Film industry, Bank, Risk management, Mittelstand

DATAGROUP SE (WKN A0JC8S) today publishes results for the first half of FY 2022/2023 (01.10.2022 – 31.03.2023).

Key Points: 
  • DATAGROUP SE (WKN A0JC8S) today publishes results for the first half of FY 2022/2023 (01.10.2022 – 31.03.2023).
  • The first half of the fiscal year generated very good results, above all concerning the further increase in profitability.
  • Furthermore, the provision of additional financial resources and the securing of credit lines laid the foundation for future inorganic growth.
  • Long-term contracts with our customers guarantee a reliable business development”, says Andreas Baresel, Chief Executive Officer of DATAGROUP.

EQS-News: DATAGROUP SE: Correction: DATAGROUP Posts Very Good Business Results in the First Half of FY 2022/2023

Retrieved on: 
Saturday, May 27, 2023
PY, IPO, WKN, Bank statement, Tax, SAP, EBIT, Gesellschaft mit beschränkter Haftung, EUR, CAPEX, Running, EBITDA, Acquisition, COVID-19, Investment, Depreciation, Bad, Automation, Cryptocurrency, Film industry, Bank, Risk management, Mittelstand

DATAGROUP SE (WKN A0JC8S) today publishes results for the first half of FY 2022/2023 (01.10.2022 – 31.03.2023).

Key Points: 
  • DATAGROUP SE (WKN A0JC8S) today publishes results for the first half of FY 2022/2023 (01.10.2022 – 31.03.2023).
  • The first half of the fiscal year generated very good results, above all concerning the further increase in profitability.
  • Furthermore, the provision of additional financial resources and the securing of credit lines laid the foundation for future inorganic growth.
  • Long-term contracts with our customers guarantee a reliable business development”, says Andreas Baresel, Chief Executive Officer of DATAGROUP.

EQS-News: DATAGROUP SE: DATAGROUP Signs New Outsourcing Agreement with NBank

Retrieved on: 
Thursday, April 20, 2023
Partnership, Housing, SAP, Bank, EU, Mittelstand

Hannover-based NBank is the investment and business promotion bank of the federal state of Lower Saxony.

Key Points: 
  • Hannover-based NBank is the investment and business promotion bank of the federal state of Lower Saxony.
  • The bank provides advice on and approves the funding programs from federal state, national and EU resources.
  • Since February 2023, DATAGROUP has been in a transition phase with NBank.
  • DATAGROUP has the necessary expertise and skills.”
    „We welcome the extension of our partnership with NBank.

EQS-News: DATAGROUP SE: DATAGROUP Acquires systemzwo GmbH and Strengthens its Presence in Ulm

Retrieved on: 
Saturday, April 15, 2023
Financial Oversight and Management Board for Puerto Rico, IPO, Goldman, WKN, Gesellschaft mit beschränkter Haftung, Goldman Sachs, Acquisition, Conference, Security (finance), Financial services, Bank, Drinking establishment, Mittelstand

DATAGROUP SE (WKN A0JC8S) acquires systemzwo GmbH, a system house which is based in Ulm.

Key Points: 
  • DATAGROUP SE (WKN A0JC8S) acquires systemzwo GmbH, a system house which is based in Ulm.
  • This acquisition will significantly expand its market presence in the Ulm region.
  • systemzwo GmbH is the 30th acquisition of IT service provider DATAGROUP since its IPO in 2006.
    systemzwo GmbH was founded in 2007 and supports Mittelstand companies in Ulm with a current headcount of 38 employees.
  • The IT service provider thus continues to expand its regional presence in Ulm and strengthens its business with its CORBOX IT service portfolio.

German Mittelstand Leaders Brace for Recession While Finding Ways to Adapt to Ongoing Business Challenges, Third Annual J.P. Morgan Survey Finds

Retrieved on: 
Wednesday, January 11, 2023
Technology, Logistics, Supply Chain Management, Manufacturing, Food, Beverage, Marketing, Business, Environmental, Social and Governance (ESG), Communications, Retail, Human Resources, Finance, Asset Management, Banking, Biotechnology, Supply Chain Management, Professional Services, Health, Transport, Telecommunications, Software, Other Manufacturing, Hardware, Public expenditure, Family, CFOS, Risk, Growth, Commercial bank, Sale, Multimedia, Investment, J. P. Morgan, Renewable energy, Management, Standard German phonology, Mittelstand, Optimism

More than half (56%) expect capital expenditures to increase, down 10% from 2022, with nearly two out of three expecting capital needs (64%) to also increase.

Key Points: 
  • More than half (56%) expect capital expenditures to increase, down 10% from 2022, with nearly two out of three expecting capital needs (64%) to also increase.
  • J. P. Morgan’s German Business Leaders Outlook surveys were conducted online from November 21 – December 8, 2022.
  • In total, 254 Mittelstand leaders (CEOs, CFOs, heads of finance and owners) from German Mittelstand companies (annual revenues ranging from €20 million to €2 billion) across various industries participated in the survey.
  • Results are within statistical parameters for validity, and the error rate is +/- 6.2% with a 95% confidence level.

Battery Ventures Agrees to Make Significant Investment to Drive Growth, Innovation in European Fleet-Management Technology Sector

Retrieved on: 
Thursday, January 5, 2023
Software, EV, Electric Vehicles, Internet, Professional Services, Fleet Management, Batteries, Technology, Automotive, Environment, Trucking, Transport, Finance, Government, Software, Health, Multimedia, Battery, Growth, Battery Ventures, DACH, Software as a service, Environment, Taxicab, Airline, Mittelstand

Battery Ventures, a global, technology-focused investment firm, today announced it has agreed to lead a combined growth-equity investment in two complementary cloud-software companies serving the growing European fleet-management sector.

Key Points: 
  • Battery Ventures, a global, technology-focused investment firm, today announced it has agreed to lead a combined growth-equity investment in two complementary cloud-software companies serving the growing European fleet-management sector.
  • Together, Vimcar and Avrios count over 250 employees and tens of thousands of customers across Europe in industries including construction, technical field services, healthcare, manufacturing and government.
  • Specific plans about the proposed combination will be revealed at a later time.
  • “We’re also incredibly excited to join forces with Vimcar and, together, strengthen our position in the market.”

AGIC Capital Acquires Majority Stake in ATEC Pharmatechnik GmbH

Retrieved on: 
Wednesday, November 30, 2022
Other Professional Services, Biotechnology, Pharmaceutical, Finance, Health, Asset Management, Professional Services, Business, Growth, LLP, Latham & Watkins, RTP, White, Macquarie Group, ATEC, Medicine, Philosophy, Diabetes, White & Case, Investment, Acquisition, AGIC, Financial services, Fine chemical, Mittelstand

AGIC Capital ("AGIC"), a growth-oriented private equity firm with $2.2 billion of assets under management, today announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH ("ATEC" or "the Company").

Key Points: 
  • AGIC Capital ("AGIC"), a growth-oriented private equity firm with $2.2 billion of assets under management, today announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH ("ATEC" or "the Company").
  • Erik Yankulin, Managing Director at AGIC, added, "ATEC supports the production of life-saving therapies by providing best-in-class aseptic transfer technologies to pharmaceutical and biopharmaceutical companies.
  • ATEC and HANNOVER Finanz were advised by Macquarie Capital with Latham & Watkins LLP advising the sellers, while AGIC was supported by White & Case LLP in connection with the acquisition.
  • ATEC Pharmatechnik GmbH is a leader in stopper and cap processing solutions used for aseptic filling with patented process technology in pharmaceutical applications.