KME | Jotup

cunova, a Leading Global Manufacturer of High-end Specialty Copper Alloy Products, and SDCL EDGE Acquisition Corporation Announce Their Business Combination

Retrieved on:

Tuesday, February 20, 2024

cunova’s acquisition of the whole aerospace specialty metals business of KME Group (“KME Aerospace”) would enable the combined company to also serve the space exploration and general aerospace markets.

Key Points:

cunova’s acquisition of the whole aerospace specialty metals business of KME Group (“KME Aerospace”) would enable the combined company to also serve the space exploration and general aerospace markets.
Under the terms of the proposed business combination agreement, cunova will be indirectly acquired by a publicly-listed, successor entity of SDCL EDGE Acquisition Corporation.
The board of SEDA and the shareholders of cunova have approved the proposed business combination subject to customary closing conditions.
Assuming satisfaction of all closing conditions, the proposed business combination is expected to close in the second quarter of 2024.

SDCL EDGE Acquisition Corporation Announces Shareholder Approval of Extension of Deadline to Complete Business Combination

Retrieved on:

Tuesday, October 31, 2023

Professional Services, Business, Other Energy, Environment, Transport, Energy, Other Transport, Magnet, Paragon, JV, Business analyst, SDCL, Extension, KME, LOI, Security (finance), Target

The Company is also pleased to announce that following the Extension, the Company has maintained 65.9% of the capital in its trust account, with 13,177,933 Class A Ordinary Shares remaining in float.

Key Points:

The Company is also pleased to announce that following the Extension, the Company has maintained 65.9% of the capital in its trust account, with 13,177,933 Class A Ordinary Shares remaining in float.
Market averages for redemptions post extension are around 75%, and the Company’s lower redemptions represent a standout case in the market.
The purpose of the Extension is to allow the Company more time to complete an initial business combination.
The Company anticipates announcing additional details at the time of execution of the definitive agreements (“Definitive Agreements”) for the Business Combination.

SDCL EDGE Acquisition Corporation Announces Letter of Intent for a Business Combination with Magnet Joint Venture GmbH and Certain Assets of KME SE Comprising the KME Specialty Aerospace Business

Retrieved on:

Monday, August 21, 2023

Finance, Aerospace, Business, Manufacturing, Professional Services, Magnet, Paragon, KME, Business analyst, JV, LOI, SDCL, Security (finance), Target

SDCL EDGE Acquisition Corporation (“SEDA” or the “Company”) announced today that it has executed a non-binding letter of intent (the “LOI”) with Magnet Joint Venture GmbH (“JV GmbH”), KME SE (“KME”) and The Paragon Fund III GmbH & Co. geschlossene Investment KG (“Paragon”), for a proposed business combination (the “Business Combination”) relating to the special product business of Cunova GmbH, a wholly-owned subsidiary of JV GmbH (“Cunova”) and certain assets of KME comprising the KME Specialty Aerospace Business (“KME Aerospace” and, together with Cunova, the “Target”).

Key Points:

SDCL EDGE Acquisition Corporation (“SEDA” or the “Company”) announced today that it has executed a non-binding letter of intent (the “LOI”) with Magnet Joint Venture GmbH (“JV GmbH”), KME SE (“KME”) and The Paragon Fund III GmbH & Co. geschlossene Investment KG (“Paragon”), for a proposed business combination (the “Business Combination”) relating to the special product business of Cunova GmbH, a wholly-owned subsidiary of JV GmbH (“Cunova”) and certain assets of KME comprising the KME Specialty Aerospace Business (“KME Aerospace” and, together with Cunova, the “Target”).
Under the terms of the LOI, KME is expected to hold a majority stake in the post-Business Combination entity whose share capital will be listed on the New York Stock Exchange.
The Company anticipates announcing additional details at the time of execution of the definitive agreements (“Definitive Agreements”) for the Business Combination.
There can be no assurance that Definitive Agreements will be entered into or that the Business Combination will be consummated on the terms or timeframe currently contemplated, or at all.

KnowFully Learning Group Launches KnowFully Medical Education, Highlighting CME Outfitters and CE Concepts as Anchor Brands

Retrieved on:

Thursday, April 6, 2023

Education, Pharmacy, Tordoff, University, Health equity, Historically black colleges and universities, KME, KLG, Accounting, Patient, CEC, Nursing

RADNOR, Pa., April 6, 2023 /PRNewswire/ -- KnowFully Learning Group (KLG), a leading provider of continuing professional education, exam preparation courses, and digital learning solutions to the healthcare, accounting, and finance sectors, today announced the launch of KnowFully Medical Education (KME).

Key Points:

RADNOR, Pa., April 6, 2023 /PRNewswire/ -- KnowFully Learning Group (KLG), a leading provider of continuing professional education, exam preparation courses, and digital learning solutions to the healthcare, accounting, and finance sectors, today announced the launch of KnowFully Medical Education (KME).
New operating unit will expand education to health care professionals and further improve patient outcomes.
This new operating unit represents the combined forces of two complementary, best-in-class KnowFully brands: CME Outfitters (CMEO) and Creative Educational Concepts (CEC).
We are dedicated to ensuring that providers are empowered to meet patients where they are when delivering evidence-based care."

Modine Provides Thermal Management for REV Fire Group's All-Electric Fire Truck, the Vector™

Retrieved on:

Tuesday, March 21, 2023

REV Group, Vector, Partnership, EV, ECP, Electronics, New product development, KME, Temperature, REV, Kilowatt-hour, Engineering, Transport, NYSE, REVG, Renewable energy, Electric motor, Modine

RACINE, Wis., March 21, 2023 /PRNewswire/ -- The unique needs of specialty vehicles like fire and emergency service vehicles must be met for the full benefit of zero-emission transportation solutions to be realized. To that end, Modine Manufacturing Company (NYSE: MOD, "Modine"), a leader in thermal management technology and solutions, today announced an expansion of its partnership with REV Group, Inc. (NYSE: REVG) and its fire apparatus manufacturing brands E-ONE, KME, Ferrara and Spartan Emergency Response. Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.

Key Points:

Purpose-built thermal management solutions from Modine keep EV systems in optimal temperature ranges for REV Group's fire apparatus brands E-ONE, KME, Ferrara and Spartan Emergency Response.
Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.
Each Vector fire truck will be equipped with the complete suite of Modine thermal management systems, including the EVantage Battery Thermal Management System (BTMS), Electronics Cooling Package (ECP), and cabin heating and cooling circuits.
We are thrilled to continue cultivating our relationship as we supply REV Group fire trucks with our advanced thermal technology."

REV Fire Group Invests in Its Ephrata Facility to Increase Aerial and TDA Apparatus Production

Retrieved on:

Tuesday, February 28, 2023

View the full release here: https://www.businesswire.com/news/home/20230228006408/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230228006408/en/
REV Fire Group announces the expansion and $1.5 million renovation of its Ephrata, PA facility to allow for the increased manufacturing of aerial apparatus including tractor drawn aerials (TDAs).
One of the new buildings will be used exclusively to manufacture aerial apparatus for Ladder Tower, KME and Ferrara brands.
One of the new buildings will be used exclusively to manufacture aerial apparatus for Ladder Tower, KME and Ferrara brands.
“We are very excited to create an aerial and TDA manufacturing center of excellence for our brands,” said Dan DesRochers, President of REV Fire Group.

Meet Korean ABC and Metaverse Companies on Virtual Export Conference

Retrieved on:

Thursday, October 13, 2022

Metaverse, Online, VFX, ABC, Content, 3D, ICT, NIPA, Multimedia, Technology, KME, Industry, NTF, Bridge Alliance, KMF, Artificial intelligence, Exhibition, Big data, View, Film, Video game, Online shopping, Korean, AI, COEX

The online ICTWOW event will accompany the on-site exhibition Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), held in COEX, Seoul.

Key Points:

The online ICTWOW event will accompany the on-site exhibition Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), held in COEX, Seoul.
- Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), first held in 2017, is the biggest trade exhibition and conference on metaverse in Korea.
Besides the companies joining online export conference, the buyer companies can reach any Korean business that has virtual booth on ICTWOW.
ICTWOW is a virtual space where more than 450 promising Korean ICT companies present their technology and products on a 24/7 basis.

Meet Korean ABC and Metaverse Companies on Virtual Export Conference

Retrieved on:

Thursday, October 13, 2022

Metaverse, Online, VFX, ABC, Content, 3D, ICT, NIPA, Technology, KME, Industry, NTF, Bridge Alliance, KMF, Artificial intelligence, Exhibition, Big data, Film, Video game, Korean, AI, COEX

The online ICTWOW event will accompany the on-site exhibition Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), held in COEX, Seoul.

Key Points:

The online ICTWOW event will accompany the on-site exhibition Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), held in COEX, Seoul.
- Korea Metaverse Festival and K-Metaverse Expo (KMF & KME), first held in 2017, is the biggest trade exhibition and conference on metaverse in Korea.
Besides the companies joining online export conference, the buyer companies can reach any Korean business that has virtual booth on ICTWOW.
ICTWOW is a virtual space where more than 450 promising Korean ICT companies present their technology and products on a 24/7 basis.

Ingram Micro Launches Xvantage in the US and Germany

Retrieved on:

Wednesday, September 7, 2022

Celebrating Day One of Ingram Micro Xvantage, Ingram Micro Inc. announces the on-time arrival of its digital experience platform ecosystem in two of its largest countries the United States and Germany and confirms the global go live plan for rest of world is early 2023.

Key Points:

Celebrating Day One of Ingram Micro Xvantage, Ingram Micro Inc. announces the on-time arrival of its digital experience platform ecosystem in two of its largest countries the United States and Germany and confirms the global go live plan for rest of world is early 2023.
Ideated in Q2 2021, Ingram Micro Xvantage was introduced to the marketplace 15 months later.
Xvantage allows Ingram Micro and KME to spend more time assisting our end users by making mundane tasks faster and easier.
Learn more about the new Ingram Micro Xvantage digital experience platform, by visiting Ingram Micros social handles at www.linkedin.com/company/ingram-micro/ and www.twitter.com/IngramMicroInc and online at www.xvantage.com .

DGAP-News: Aurubis AG: Aurubis completes sale of four flat rolled products sites to KME

Retrieved on:

Monday, August 1, 2022

Hamburg, August 1, 2022 Multimetal supplier Aurubis is selling parts of its flat rolled products segment (FRP) to KME SE.

Key Points:

Hamburg, August 1, 2022 Multimetal supplier Aurubis is selling parts of its flat rolled products segment (FRP) to KME SE.
The sale was approved by the relevant supervisory authorities in May and closed on July 29, 2022.
As announced, the FRP plants in Stolberg (Germany), Pori (Finland), and Buffalo (USA) will remain in the Aurubis Group.
The net working capital was settled through the repayment of company loans to Aurubis in the same amount.