DKSH

DKSH Links Existing CHF 315 Million Bank Loan to Sustainability Targets

Retrieved on: 
Monday, May 22, 2023
Sustainable finance, DKSH, ING Group, Failure, CHF, Environment, ING, Renewable energy, Bank

DKSH has converted its existing CHF 315 million bank loan into a sustainability-linked loan by tying the interest terms to its ambitious sustainability targets.

Key Points: 
  • DKSH has converted its existing CHF 315 million bank loan into a sustainability-linked loan by tying the interest terms to its ambitious sustainability targets.
  • These targets are consistent with DKSH's overall sustainability strategy to increase gender diversity in its senior leadership team and become climateneutral (Scope 1+2) by 2030.
  • Zurich, Switzerland, May 22, 2023 – DKSH, a leading Market Expansion Services provider and trusted partner for companies looking to grow in Asia and beyond, has for the first time converted an existing CHF 315 million bank loan into a sustainability-linked loan.
  • Ido Wallach, DKSH CFO, stated: “With the conversion of this loan, DKSH links its financing terms for the first time to sustainability targets.

DKSH Publishes its Sixth Sustainability Report and Provides Enhanced Climate-Related Disclosure

Retrieved on: 
Tuesday, May 16, 2023
Heart, Sustainability reporting, ISO, DKSH, GHG, TCFD, Task force, Sustainability, GRI, Policy, Environment, KPI-driven code analysis, Task Force on Climate Related Financial Disclosures, Renewable energy

DKSH has published its 2022 Sustainability Report, outlining its revised sustainability strategy and the progress made on environmental, social, and governance-related topics.

Key Points: 
  • DKSH has published its 2022 Sustainability Report, outlining its revised sustainability strategy and the progress made on environmental, social, and governance-related topics.
  • Zurich, May 16, 2023 – DKSH reconfirms its sustainability ambition with a new strategy that embeds sustainability in its corporate strategy.
  • In the Sustainability Report 2022, DKSH aligns climate-related disclosures to the recommendations by the Task Force on Climate-Related Financial Disclosures (TCFD).
  • During 2022, DKSH has revised its sustainability strategy to become a focus area of the Group's corporate strategy.

DKSH Appoints Chris Ritchie as new Head Business Unit Consumer Goods

Retrieved on: 
Thursday, May 11, 2023
Bachelor, Reckitt, University, SABMiller, DKSH, George Seremetis, Final good, Executive Committee, Growth, Queen's University, Management, Economics

Zurich, Switzerland – May 11, 2023 – DKSH today announced the appointment of Chris Ritchie as new Head Business Unit Consumer Goods as of mid-August 2023.

Key Points: 
  • Zurich, Switzerland – May 11, 2023 – DKSH today announced the appointment of Chris Ritchie as new Head Business Unit Consumer Goods as of mid-August 2023.
  • Chris Ritchie follows Terry Seremetis, who, after four years, decided to pursue his career opportunities outside of DKSH as announced on January 3, 2023.
  • Chris Ritchie has 28 years of experience in the consumer goods industry.
  • With his growth mindset and deep consumer goods experience, I am very confident that, together with our proven leadership team, he will accelerate our growth strategy further.”

DKSH Completes SAP S/4HANA Migration

Retrieved on: 
Wednesday, May 10, 2023
Cloud, Health care, DKSH, Business, ERP, SAP, Final good, SAP S/4HANA, Volvo Business Units, Executive Committee, S-1 Executive Committee, Automation, Palm sugar

DKSH has completed the migration of SAP S/4HANA, an enterprise resource planning (ERP) software.

Key Points: 
  • DKSH has completed the migration of SAP S/4HANA, an enterprise resource planning (ERP) software.
  • Kuala Lumpur, Malaysia, May 10, 2023 – In close collaboration with SAP, DKSH has gone live with SAP S/4HANA to automate processes, boost innovation, and transform the technology infrastructure, supporting the Group’s digital future-readiness.
  • The SAP S/4HANA implementation was completed by SAP Cloud Success Services based on its core knowledge, tools, and experience with the solution as well as with DKSH as long-term business partner.
  • Working closely with SAP Cloud Success Services on an end-to-end project basis enabled DKSH to complete the whole migration with near-zero downtime, over the course of one weekend, safeguarding its service excellence and customer experience.

DKSH’s 90th Ordinary General Meeting 2023

Retrieved on: 
Thursday, March 16, 2023
Proxy, Executive Committee, Articles of association, Executive Committee of the Palestine Liberation Organization, DKSH, Nomination, CHF, Statutory auditor, Article, Compensation, Holding company, Management

Zurich, Switzerland, March 16, 2023 – DKSH’s shareholders have voted in favor of all motions at the company’s 90th Ordinary General Meeting by a large majority.

Key Points: 
  • Zurich, Switzerland, March 16, 2023 – DKSH’s shareholders have voted in favor of all motions at the company’s 90th Ordinary General Meeting by a large majority.
  • Marco Gadola was re-elected as Chairman, and all current Board members as well as the members of the Nomination and Compensation committee were re-elected for another term of office until completion of the next Ordinary General Meeting.
  • DKSH will distribute CHF 139.6 million to shareholders, with the payout expected to be made as from March 22, 2023.
  • We remain committed to creating value for all stakeholders and look forward to continuing our collaboration in 2023.”

analytica Vietnam 2023: The Largest Gathering of Laboratory Technology, Analysis and Biotechnology Professionals in Southeast Asia

Retrieved on: 
Wednesday, March 15, 2023
ITS, Research, Biomedicine, Thermo Fisher Scientific, Research report, HO, Exhibition, GDP, Foreign direct investment, Biotechnology, SECC, USD, DKSH, Science, General Department of Defence Intelligence, Government, Convention center, Environmental analysis, COVID-19, Knowledge, Growth, Eppendorf, Safety, Science and technology in Asia, ASEAN, LECO Corporation, Merck, Reunion, Clothing, Health care, Medical device, Pharmaceutical industry, Scilab, Shimadzu

The analytica Vietnam 2023 is set to take place from April 19-21, 2023, at the Saigon Exhibition and Convention Center in Ho Chi Minh City, Vietnam.

Key Points: 
  • The analytica Vietnam 2023 is set to take place from April 19-21, 2023, at the Saigon Exhibition and Convention Center in Ho Chi Minh City, Vietnam.
  • HO CHI MINH CITY, VIETNAM, Mar 16, 2023 - (ACN Newswire) - After its three-year hiatus, the seventh edition of analytica Vietnam will be held in Vietnam once again.
  • The show will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam from 19-21 April 2023.
  • "The opportunity to bring back the entire laboratory industry back together at analytica Vietnam proves to be an exciting time for the ASEAN region and our international players.

Brilliant Group and Terra Firma Launch Partnership to Expand Market Support

Retrieved on: 
Tuesday, February 7, 2023
Firma, Plastic, DKSH, Principal, Terra firma, Terra Firma Capital Partners, Partnership, Security printing, Cryptocurrency, Brilliant

RICHMOND, Calif., Feb. 7, 2023 /PRNewswire-PRWeb/ -- Brilliant Group and Terra Firma, a DKSH company, announced today that the companies have entered into a partnership that will allow Terra Firma to sell Brilliant Group's industry-leading fluorescent and phosphorescent pigments.

Key Points: 
  • Fluorescent pigment buyers across the West, South and Eastern U.S. will now benefit from Terra Firma's sales and service expertise.
  • RICHMOND, Calif., Feb. 7, 2023 /PRNewswire-PRWeb/ -- Brilliant Group and Terra Firma, a DKSH company, announced today that the companies have entered into a partnership that will allow Terra Firma to sell Brilliant Group's industry-leading fluorescent and phosphorescent pigments.
  • Terra Firma's industrial customer base will now have convenient access to a complete portfolio of fluorescent and phosphorescent pigment products.
  • Patrick Kelly, Executive Vice President of Principal Development at Terra Firma added, "We are very excited to expand our partnership with Brilliant Group in the United States.

Polycarbonate Films Global Market Report 2022: Growing Adoption of Polycarbonate Films as an Alternative to Conventional Material Boosts Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023
Chemicals, Plastics, Manufacturing, Carbon, UV, DKSH, SWM, Metal, Heat, BPA, Double-Function Form, PLUS, Absorption, Certification, Glass, Polyetherimide, Competition, Multi, Mitsui Chemicals, Car, Health, ID, Electronics, Atmosphere, Hardness, Air conditioning, Optics, Biomass, International Sustainability Alliance, SABIC, ISCC, Wood, Video game, Chemical, Thermoplastic, Teijin, Weathering steel

By 2028, the global market for Polycarbonate Films is expected to grow impressively due to increasing demand from the automobile sector.

Key Points: 
  • By 2028, the global market for Polycarbonate Films is expected to grow impressively due to increasing demand from the automobile sector.
  • Polycarbonate films are becoming increasingly popular due to their superior dielectric strength, reduced moisture absorption, and good dimensional stability.
  • Moreover, biomass-based polycarbonate film gets more preference as it is made from bio-BPA, boosting the polycarbonate films market.
  • In this report, global polycarbonate films market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

DKSH Sells its 25% Stake in Swiss Luxury Watchmaker Bovet

Retrieved on: 
Sunday, January 22, 2023
Sale, DKSH, Security (finance)

Zurich, Switzerland – On December 29, 2022, DKSH Holding AG and Mr. Pascal Raffy, owner of 75% of the share capital of Bovet Fleurier SA, have agreed on the sale of DKSH Holding AG's 25% stake in Bovet Fleurier SA to Mr. Pascal Raffy.

Key Points: 
  • Zurich, Switzerland – On December 29, 2022, DKSH Holding AG and Mr. Pascal Raffy, owner of 75% of the share capital of Bovet Fleurier SA, have agreed on the sale of DKSH Holding AG's 25% stake in Bovet Fleurier SA to Mr. Pascal Raffy.
  • The transaction does not materially affect DKSH's profit and loss statement.

Change in DKSH’s Executive Committee

Retrieved on: 
Sunday, January 22, 2023
Fast, Executive Committee, George Seremetis, National Executive Committee of the Labour Party, FMCG, DKSH, Animal, Management

Zurich, Switzerland – January 3, 2023 – DKSH today announced that Terry Seremetis, Head Business Unit Consumer Goods and member of the Executive Committee, has decided to pursue career opportunities outside of DKSH and that he will leave the company after four years effective June 30, 2023.

Key Points: 
  • Zurich, Switzerland – January 3, 2023 – DKSH today announced that Terry Seremetis, Head Business Unit Consumer Goods and member of the Executive Committee, has decided to pursue career opportunities outside of DKSH and that he will leave the company after four years effective June 30, 2023.
  • A successor will be announced in due course.
  • Stefan P. Butz, CEO, said: “I would like to thank Terry for his strong contributions in transforming the Fast Moving Consumer Goods (FMCG) business.
  • The FMCG business performs well, and the strong leadership team will continue to execute our successful strategy.