HQ

Asetek - Lease contract signed for parts of new HQ and development center

Retrieved on: 
Friday, January 12, 2024

AALBORG, Denmark, Jan. 12, 2024 /PRNewswire/ -- Asetek A/S has entered into a lease contract for a section covering approximately 20% of the space of the Company's new development center and HQ.

Key Points: 
  • AALBORG, Denmark, Jan. 12, 2024 /PRNewswire/ -- Asetek A/S has entered into a lease contract for a section covering approximately 20% of the space of the Company's new development center and HQ.
  • The contract is for a fixed three-year period with a call option for two additional years.
  • The lease period starts on October 1, 2024, with an annual rent of approximately $425k, supporting the expected valuation level of the completed building and the location.
  • The new HQ and development center is under construction and set for completion in mid-2024.

The Familie Announces Nashville HQ Plans and New Country Music Division Led by Former UMG Executive Royce Risser

Retrieved on: 
Monday, January 8, 2024

NASHVILLE, Tenn., Jan. 8, 2024 /PRNewswire-PRWeb/ -- The Familie, a leading sports and music agency for the world's most ambitious talent, is today announcing its official arrival in Nashville with 2 new hires. Leading the expansion as The Familie's Head of Nashville and EVP of Country Music will be Royce Risser, who was previously EVP of Promotion at Universal Music Group. The Familie is also announcing the addition of Artist Manager, Chase Berlin, to the team.

Key Points: 
  • Leading the expansion as The Familie's Head of Nashville and EVP of Country Music will be Royce Risser, who was previously EVP of Promotion at Universal Music Group.
  • As The Familie prepares to make Nashville its national headquarters, Risser will be overseeing and executing Nashville office operations, in addition to leading the development of The Familie's new Country Division.
  • A southern California native who was recruited to play football and attend Vanderbilt University in Nashville, Risser brings more than 30 years of music industry expertise to The Familie.
  • As The Familie's first artist manager in Nashville, Berlin will work under Risser to sign and develop promising Country artists and build out the genre's division for The Familie.

Top 500 Largest Cellular IoT Projects Worldwide Together Account for 548.1 Million Units

Retrieved on: 
Monday, January 8, 2024

DUBLIN, Jan. 8, 2024 /PRNewswire/ -- The "500 Largest Cellular IoT Projects Worldwide - 7th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 8, 2024 /PRNewswire/ -- The "500 Largest Cellular IoT Projects Worldwide - 7th Edition" report has been added to ResearchAndMarkets.com's offering.
  • The 500 Largest Cellular IoT Projects Worldwide is a unique deliverable featuring a list of the largest IoT projects identified by as part of the publisher's world-class market research programs.
  • The publisher has compiled a list of the 500 largest cellular IoT projects worldwide.
  • These 500 projects represented 548 million subscriptions at the end of 2022, which is at the same time about 21 percent of the total cellular IoT connections worldwide.

EQS-News: First exit in 2024: Mutares has successfully sold VALTI to the company’s management

Retrieved on: 
Friday, January 5, 2024

Munich, January 5, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company VALTI to the company’s management.

Key Points: 
  • Munich, January 5, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company VALTI to the company’s management.
  • VALTI is a European manufacturer of seamless high-precision steel tubes serving the bearing manufacturer industry as well as a large mechanical base.
  • Robin Laik, CEO and founder of Mutares, comments: "We are pleased to announce the sale of our portfolio company VALTI.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

Former Tech Mahindra CEO C.P. Gurnani joins upGrad's Board of Directors

Retrieved on: 
Thursday, January 4, 2024

Gurnani to its Board of Directors, effective, January 2024.

Key Points: 
  • Gurnani to its Board of Directors, effective, January 2024.
  • Mr Gurnani will serve as an independent non-executive director while the skilling giant continues to ramp up its domestic and global operations.
  • He retired from his post last month and served on the Board of Mahindra & Mahindra for over three decades.
  • Before Tech Mahindra, Gurnani held leadership roles at HCL Perot JV as the Founder and CEO.

Former Tech Mahindra CEO C.P. Gurnani joins upGrad's Board of Directors

Retrieved on: 
Thursday, January 4, 2024

Gurnani to its Board of Directors, effective, January 2024.

Key Points: 
  • Gurnani to its Board of Directors, effective, January 2024.
  • Mr Gurnani will serve as an independent non-executive director while the skilling giant continues to ramp up its domestic and global operations.
  • He retired from his post last month and served on the Board of Mahindra & Mahindra for over three decades.
  • Before Tech Mahindra, Gurnani held leadership roles at HCL Perot JV as the Founder and CEO.

EQS-News: Mutares has successfully completed the acquisition of PRINZ Kinematics GmbH from AL-KO

Retrieved on: 
Wednesday, January 3, 2024

Munich, January 3, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of PRINZ Kinematics GmbH (“PRINZ”) from AL-KO.

Key Points: 
  • Munich, January 3, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of PRINZ Kinematics GmbH (“PRINZ”) from AL-KO.
  • With the four companies KICO, ISH, High Precision Components and PRINZ, Mutares is planning total revenues of approx.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The Management Board and Supervisory Board together hold more than one-third of all Mutares shares with voting rights.

EQS-News: Seventh exit in 2023: Mutares has successfully sold Plati Group to Accursia Capital

Retrieved on: 
Saturday, December 30, 2023

Munich, November 8, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold Plati Group to Accursia Capital.

Key Points: 
  • Munich, November 8, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold Plati Group to Accursia Capital.
  • Plati Group is a global supplier of wiring harnesses and cabling.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Deutsche Börse admits Mutares to the SDAX

Retrieved on: 
Saturday, December 30, 2023

Effectiveness of inclusion in the selection index as of December 18, 2023

Key Points: 
  • Effectiveness of inclusion in the selection index as of December 18, 2023
    Munich, December 6, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) will be promoted to the SDAX.
  • This was decided by Deutsche Börse in its regular review of the small-cap index yesterday.
  • This makes Mutares one of the 70 most liquid and largest listed companies in Germany below the DAX and MDAX in terms of free-float market capitalization.
  • The promotion to the SDAX marks another milestone in the Company's success story since its IPO in 2008.

EQS-News: Mutares has successfully completed the acquisition of 83.08% equity of the TeamTex group from Nania Developpement and Crédit Mutuel Equity

Retrieved on: 
Saturday, December 30, 2023

Manufacturer of child restraint systems, through plastic injection moulding and blow moulding

Key Points: 
  • Manufacturer of child restraint systems, through plastic injection moulding and blow moulding
    Munich, December 19, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of 83.08% of TeamTex Management and its subsidiaries (“TeamTex”) from Nania Developpement and Crédit Mutuel Equity.
  • Headquartered in Charvieu-Chavagneux, France, with around 250 employees, TeamTex manufactures child restraint systems (car seats and accessories) through plastic injection moulding and blow moulding.
  • With this acquisition, Mutares intends to grow its exposure to the manufacturing and distribution of products for children and families.
  • Mutares also expect to further develop commercial relationships between TeamTex and its other portfolio company Prénatal in the Netherlands.