UFM

Global Facility Management Services (FM) Markets Report 2023-2027 and 2032 - Government Investments in Smart Cities Boost Facility Management Sector

Retrieved on: 
Monday, November 27, 2023

DUBLIN, Nov. 27, 2023 /PRNewswire/ -- The "Facility Management Services Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 27, 2023 /PRNewswire/ -- The "Facility Management Services Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report offers comprehensive statistics on the facility management services market, covering global market size, regional market shares, competitors with their respective market shares, detailed market segments within the facility management services industry, emerging market trends, opportunities, and additional data crucial for thriving in the facility management services sector.
  • The growth of the facility management services market is expected to be propelled by the increasing adoption of smart city initiatives.
  • Facility management services play a pivotal role in supporting smart cities by implementing innovative Information and Communication Technologies (ICTs) in the realm of Urban Facility Management (UFM).

EMpact launches its venture studio in Central America, heralding a new approach to impact investing in frontier markets

Retrieved on: 
Sunday, October 1, 2023

ANTIGUA, Guatemala  , Oct. 1, 2023 /PRNewswire/ -- Today witnessed the launch of EMpact, a venture studio focused on nurturing talent and accelerating startups to serve critical value chains, focusing on frontier markets in Central America, West Africa, and Central Asia. The first studio is a collaboration between EMpact and Fundación Génesis Empresarial (Genesis), the largest development microfinance institution in Guatemala. The studio will promote entrepreneurship and capacity building across the Central America region through the "Innovation and Entrepreneurship Hub" of Genesis and Universidad Francisco Marroquín - (UFM) a leading academic institution in the country, which promotes free market principles and entrepreneurship.

Key Points: 
  • The first studio is a collaboration between EMpact and Fundación Génesis Empresarial (Genesis), the largest development microfinance institution in Guatemala.
  • The studio addresses the most critical issue facing entrepreneurship in frontier markets, which is the upskilling of talent.
  • The EMpact model also allows for winning solutions, whether incubated by EMpact or operating independently, to be replicated by fellows in other markets or verticals.
  • At a later stage, the plan is to include additional frontier markets such as the ones in Central Asia, and to start interconnecting these markets, capitalizing on their organic similarities and complementarities.

ATO Launches Two New Flow Meters with Versatile Liquids, Gasses, and Steam Measurement Uses

Retrieved on: 
Tuesday, March 7, 2023

Guilin, China--(Newsfile Corp. - March 7, 2023) - China-based manufacturer ATO Flow Meter, a global leader in flow measurement technology, is proud to announce the official launch of two new products as part of the company's lineup - a magnetic flow meter and an ultrasonic flow meter.

Key Points: 
  • Guilin, China--(Newsfile Corp. - March 7, 2023) - China-based manufacturer ATO Flow Meter, a global leader in flow measurement technology, is proud to announce the official launch of two new products as part of the company's lineup - a magnetic flow meter and an ultrasonic flow meter.
  • "At ATO, we are always looking at how to improve our already well-established portfolio regarding industrial flow meter systems," said Fra Tusha, Product Manager of the company.
  • At the moment, ATO's product portfolio covers magnetic flow meters , vortex flow meters, liquid flow meters, portable clamp-on ultrasonic flow meters, digital gas flow meters, gas mass flow meters, and various flow meter accessories.
  • The magnetic flow meter (MFM) is used primarily for flow measurement in the petroleum industry, chemical industry, and municipal water supply systems.

Arcline Investment Management Completes Acquisition of Omega Engineering Inc.

Retrieved on: 
Tuesday, July 5, 2022

NORWALK, Conn., July 5, 2022 /PRNewswire/ -- Arcline Investment Management ("Arcline"), today announced that it has completed the acquisition of Omega Engineering Inc. ("Omega" or the "Company") from Spectris plc (LSE: SXS).

Key Points: 
  • NORWALK, Conn., July 5, 2022 /PRNewswire/ -- Arcline Investment Management ("Arcline"), today announced that it has completed the acquisition of Omega Engineering Inc. ("Omega" or the "Company") from Spectris plc (LSE: SXS).
  • Omega is a leading provider of sensing, control, and monitoring technologies and has joined the Dwyer Group of companies ("Dwyer"), an Arcline portfolio company.
  • Omega also offers a complete line of data acquisition, heating, and custom-engineered products.
  • Arcline Investment Management is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments.

Kuwait Facility Management Market Report 2022: A $1.99 Billion Market by 2030 - Industry Analysis and Demand Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, May 27, 2022

The "Kuwait Facility Management Market Research Report: By Service, End User, Mode, Type - Industry Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Kuwait Facility Management Market Research Report: By Service, End User, Mode, Type - Industry Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The Kuwaiti facility management market value is expected to surge to $1,995.5 million by 2030 from an estimated $954.4 million in 2021, at an 8.5% CAGR between 2021 and 2030.
  • Similarly, in January 2020, ENGIE Services Kuwait was contracted by Taiba Hospital to offer integrated facility management services.
  • The Kuwait Vision 2035 will bring further opportunities for Kuwaiti facility management market players as it involves infrastructure development on a massive scale.

Arcline Investment Management to Acquire Omega Engineering from Spectris PLC

Retrieved on: 
Tuesday, April 19, 2022

NORWALK, Conn., April 19, 2022 /PRNewswire/ -- Arcline Investment Management ("Arcline") today announced an agreement to acquire Omega Engineering Inc. ("Omega" or the "Company") from Spectris plc (LSE: SXS) in a transaction that values the Company at $525 million.

Key Points: 
  • NORWALK, Conn., April 19, 2022 /PRNewswire/ -- Arcline Investment Management ("Arcline") today announced an agreement to acquire Omega Engineering Inc. ("Omega" or the "Company") from Spectris plc (LSE: SXS) in a transaction that values the Company at $525 million.
  • Omega is a leading provider of sensing, control, and monitoring technologies and will be joining the Dwyer Group of companies ("Dwyer"), an Arcline portfolio company.
  • Omega also offers a complete line of data acquisition, heating, and custom-engineered products.
  • Arcline Investment Management is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments.

Kuwait Facility Management to Surpass $1,995.5 Million Revenue by 2030, says P&S Intelligence

Retrieved on: 
Monday, February 14, 2022

W.L.L., O&G Engineering W.L.L., EcovertFM Kuwait, Al-Awsat United Real Estate Co., Al Mazaya Holding Company, R&E Petroleum Co., PIMCO, Refrigeration Industries Co.

Key Points: 
  • W.L.L., O&G Engineering W.L.L., EcovertFM Kuwait, Al-Awsat United Real Estate Co., Al Mazaya Holding Company, R&E Petroleum Co., PIMCO, Refrigeration Industries Co.
  • The Kuwait Vision 2035 will bring further opportunities for Kuwaiti facility management market players as it involves infrastructure development on a massive scale.
  • Browse detailed report on Kuwait Facility Management Market Size, Share, Growth and Demand Forecast to 2030
    To leverage the opportunities being created by infrastructure development, Kuwaiti facility management market players are expanding their operations.
  • Similarly, in January 2020, ENGIE Services Kuwait was contracted by Taiba Hospital to offer integrated facility management services.

Kuwait Facility Management to Surpass $1,995.5 Million Revenue by 2030, says P&S Intelligence

Retrieved on: 
Monday, February 14, 2022

W.L.L., O&G Engineering W.L.L., EcovertFM Kuwait, Al-Awsat United Real Estate Co., Al Mazaya Holding Company, R&E Petroleum Co., PIMCO, Refrigeration Industries Co.

Key Points: 
  • W.L.L., O&G Engineering W.L.L., EcovertFM Kuwait, Al-Awsat United Real Estate Co., Al Mazaya Holding Company, R&E Petroleum Co., PIMCO, Refrigeration Industries Co.
  • The Kuwait Vision 2035 will bring further opportunities for Kuwaiti facility management market players as it involves infrastructure development on a massive scale.
  • Browse detailed report on Kuwait Facility Management Market Size, Share, Growth and Demand Forecast to 2030
    To leverage the opportunities being created by infrastructure development, Kuwaiti facility management market players are expanding their operations.
  • Similarly, in January 2020, ENGIE Services Kuwait was contracted by Taiba Hospital to offer integrated facility management services.

Dwyer Instruments Acquires Universal Flow Monitors, Inc.

Retrieved on: 
Tuesday, December 14, 2021

MICHIGAN CITY, Ind., Dec. 14, 2021 /PRNewswire/ --Dwyer Instruments ("Dwyer"), a portfolio company of Arcline Investment Management ("Arcline"), today announced the acquisition of Universal Flow Monitors, Inc. ("UFM"), a leader in the design, development, and manufacture of flow meters and controls in industrial applications.

Key Points: 
  • MICHIGAN CITY, Ind., Dec. 14, 2021 /PRNewswire/ --Dwyer Instruments ("Dwyer"), a portfolio company of Arcline Investment Management ("Arcline"), today announced the acquisition of Universal Flow Monitors, Inc. ("UFM"), a leader in the design, development, and manufacture of flow meters and controls in industrial applications.
  • "UFM has a broad portfolio of ruggedized products that customers rely on forcritical industrial applications," saidMark Fisher, President of Dwyer.
  • Dwyer Instruments is a global leader in the design and manufacture of innovative sensors and instrumentation solutions for the IAQ, building automation and process markets.
  • Founded in 1931, Dwyer Instruments is headquartered inMichigan City, Indiana, and has additional offices inAsia,EuropeandAustralia.

Benefits of EU's new Mediterranean agenda "must reach beyond capitals"

Retrieved on: 
Wednesday, February 24, 2021

Recommendations by local and regional politicians highlight concerns about access to COVID vaccines and "huge" regional inequalities within Mediterranean countries.

Key Points: 
  • Recommendations by local and regional politicians highlight concerns about access to COVID vaccines and "huge" regional inequalities within Mediterranean countries.
  • ARLEM's
    plenary meeting on 22 February was addressed by both the secretary-general of the Union for the Mediterranean (UfM) and the European Commissioner for Neighbourhood and Enlargement.
  • Nasser Kamel, Secretary-General of the
    Union for the Mediterranean , said:"No person, organisation or region can face the amplitude of the current challenges on their own.
  • In that respect, the 42 Member States of the Union for the Mediterranean will only succeed by working closely with local and regional authorities.
  • The ARLEM plenary adopted two reports, both of them covering aspects highlighted in the proposed New Agenda.
  • One of the reports on " A new Green Deal for the Mediterranean: the Agenda 2030 for a Greener Mediterranean " was drafted by
    Agns Rampal (FR/EPP), Deputy Mayor of Nice.