Complementarity

The most global Alimentaria&Hostelco confirms the strength of the food industry and its innovative dynamic

Retrieved on: 
Friday, March 22, 2024
Fira de Barcelona, Intelligence, Iç Ada, Antalya, Complementarity, Hospitality industry, Food, AI, Robotics, European

Over 3,200 exhibiting companies from 68 countries took part in the event, to encourage business, internationalization and competitiveness in strategic sectors for the Spanish economy.

Key Points: 
  • Over 3,200 exhibiting companies from 68 countries took part in the event, to encourage business, internationalization and competitiveness in strategic sectors for the Spanish economy.
  • Around 107,900 professionals had visited the show, 25% of them international, from 120 countries.
  • The trade show reaffirmed its leadership by strengthening the complementarity of its represented sectors and offering a great business platform for its professionals.
  • The next edition of the trade fair platform organized by Fira de Barcelona will be held from 23 to 26 March 2026.

AUO Announces Completion of BHTC Acquisition, Strengthening its Supplier Leadership in Smart Mobility Services

Retrieved on: 
Tuesday, April 2, 2024
AUO Corporation, AUO, The Company, Growth, Prevalence, Original equipment manufacturer, Tier 1, Complementarity, Research, Acquisition, MicroLED, HMI, Engineering

After fulfilling all necessary closing conditions and obtaining approval from relevant national authorities, AUO now holds 100% equity interest in BHTC.

Key Points: 
  • After fulfilling all necessary closing conditions and obtaining approval from relevant national authorities, AUO now holds 100% equity interest in BHTC.
  • In response to the prevalence of smart and autonomous vehicles and the rapidly evolving automotive industry, AUO is transitioning from a display supplier to a comprehensive solutions provider in smart mobility.
  • By leveraging its consistent product customization, high efficiency, and quality management capabilities, AUO maximizes the effectiveness of vertical integration in the supply chain.
  • This deployment will also facilitate collaborative development with automakers, streamline the automotive homologation compliance process, paving the way for AUO to be a leading solutions provider for smart mobility services.

Exclusive Networks announces a major step in its growth strategy in APAC with NEXTGEN Group acquisition

Retrieved on: 
Thursday, March 28, 2024
Culture, Growth, FY, Complementarity, Acquisition, Euronext Paris, Sales

Headquartered in Sydney, Australia, NEXTGEN was founded in 2011 and has 190 employees across APAC.

Key Points: 
  • Headquartered in Sydney, Australia, NEXTGEN was founded in 2011 and has 190 employees across APAC.
  • In FY-23, ending June 30th, 2023, NEXTGEN generated Gross Sales of AU$266m (€160 m), with expected double-digit growth for the years to come.
  • This operation fits perfectly with Exclusive Networks' external growth strategy.
  • "This acquisition is a major step forward in our growth strategy in APAC, it significantly strengthens our business and allows us to expand and develop further our value proposition.

The Mining Association of Canada and The Copper Mark collaborate to enhance Accountability, Transparency, and Credibility

Retrieved on: 
Tuesday, March 26, 2024
Community, Mining, Complementarity, Accreditation, ICMM, MAC, Heart, TSM, Audit

OTTAWA, ON and CHELTENHAM, ON, March 26, 2024 /CNW/ - The Mining Association of Canada (MAC) and The Copper Mark are pleased to announce a new collaboration on an important pilot project to enhance the assurance processes of both Towards Sustainable Mining (TSM) and the Copper Mark standards.

Key Points: 
  • OTTAWA, ON and CHELTENHAM, ON, March 26, 2024 /CNW/ - The Mining Association of Canada (MAC) and The Copper Mark are pleased to announce a new collaboration on an important pilot project to enhance the assurance processes of both Towards Sustainable Mining (TSM) and the Copper Mark standards.
  • TSM and the Copper Mark have always been committed for their standards and assurance processes to provide accountability, transparency, and credibility for their users.
  • The Copper Mark staff will also join as observers of MAC's national Community-of-Interest panel, including the post-verification review process.
  • MAC and the Copper Mark believe that this pilot project will help inform the development of a converged assurance process for the new converged standard.

Shenzhen Jiuzi and Maigesong Electric have signed an NDA, entering into negotiations regarding the M&A of Maigesong Electric

Retrieved on: 
Monday, March 18, 2024
UL, Certification, Communication, Complementarity, Research, ODM, NDA, Acquisition, SKD, CB, Confidentiality

HANGZHOU, China, March 18, 2024 /PRNewswire/ -- Shenzhen Jiuzi New Energy Holding Group Co., Ltd. (hereinafter referred to as "Shenzhen Jiuzi") and Shenzhen Maigesong Electric Technology Co., Ltd. (hereinafter referred to as "Maigesong Electric") officially signed a project confidentiality agreement, marking the entry into a substantial negotiation phase regarding the merger and acquisition of Maigesong Electric.

Key Points: 
  • HANGZHOU, China, March 18, 2024 /PRNewswire/ -- Shenzhen Jiuzi New Energy Holding Group Co., Ltd. (hereinafter referred to as "Shenzhen Jiuzi") and Shenzhen Maigesong Electric Technology Co., Ltd. (hereinafter referred to as "Maigesong Electric") officially signed a project confidentiality agreement, marking the entry into a substantial negotiation phase regarding the merger and acquisition of Maigesong Electric.
  • As a leader in the field of electrical technology, Maigesong Electric boasts strong research and development capabilities and market competitiveness.
  • For Shenzhen Jiuzi, the acquisition of Maigesong Electric will further broaden its business scope and market share, strengthening its market competitiveness and innovative capabilities.
  • Currently, Shenzhen Jiuzi and Maigesong Electric have conducted in-depth negotiations regarding the merger and acquisition matters, fully communicating and exchanging views on merger conditions, asset values, and business integration.

180 Degree Capital Corp. Reports Net Asset Value per Share (“NAV") of $5.02, Comprised of 99% Cash and Public Securities, as of December 31, 2023

Retrieved on: 
Tuesday, February 20, 2024
Comscore, Investment, NAV, Growth, SNCR, Complementarity, Security (finance)

“The fourth quarter of 2023 was the start of what we believe will be a return to risk asset classes, including the microcapitalization stocks in which we invest,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital.

Key Points: 
  • “The fourth quarter of 2023 was the start of what we believe will be a return to risk asset classes, including the microcapitalization stocks in which we invest,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital.
  • “Our +6.9% gross total return in our public portfolio was the primary contributor to the growth of our net asset value per share (“NAV”) from $4.91 to $5.02.
  • Our assets on our balance sheet are now almost 100% comprised of investments in public companies and cash1.
  • We collectively own almost 12% of 180 Degree Capital’s outstanding shares, and this ownership continues to grow solely through open market purchases.

GLAS Strengthens Asian Presence Through Partnership With Watiga, the Corporate, Trust & Funds Services Provider

Retrieved on: 
Wednesday, March 6, 2024
Asset Management, Professional Services, Business, Finance, MAS, GLAS, Trust, Investment, Complementarity

Global Loan Agency Services Limited (“GLAS”) is delighted to announce it has signed an agreement for Watiga Trust and Watiga Asia (collectively, “Watiga”) to join the GLAS network.

Key Points: 
  • Global Loan Agency Services Limited (“GLAS”) is delighted to announce it has signed an agreement for Watiga Trust and Watiga Asia (collectively, “Watiga”) to join the GLAS network.
  • The transaction, subject to regulatory approval in Singapore, will significantly enhance the capabilities of GLAS in the APAC region.
  • Watiga Trust is a Licensed Trust Company, regulated by MAS, and Approved Trustee for Collective Investment Schemes.
  • Watiga’s platform will allow GLAS to offer a broader suite of services, including those regulated by MAS, through an established team in Singapore.

Materialise Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Software, Other Manufacturing, Hardware, Consumer Electronics, Technology, Apps, Applications, Manufacturing, Other Technology, Acquisition, Internet, Total, MTLS, Research, USD, Investment, Marketing, Materialise NV, 3D, Growth, Adjustment, Translation, Central bank, EUR, European Central Bank, Public expenditure, Depreciation, Complementarity, Video game

Adjusted EBITDA amounted to 8,474 kEUR for the fourth quarter of 2023 compared to 4,258 kEUR for the corresponding 2022 period.

Key Points: 
  • Adjusted EBITDA amounted to 8,474 kEUR for the fourth quarter of 2023 compared to 4,258 kEUR for the corresponding 2022 period.
  • The Adjusted EBITDA margin (Adjusted EBITDA divided by total revenue) for the fourth quarter of 2023 was 13.0%, compared to 6.8% for the fourth quarter of 2022.
  • Net financial result for the fourth quarter of 2023 was (234) kEUR, compared to (3,436) kEUR for the fourth quarter of 2022.
  • The fourth quarter of 2023 contained net tax income of 809 kEUR, compared to net tax income of 402 kEUR for the fourth quarter of 2022.

Strategic Realignment Signals Next Phase of Growth for Zinnov, A Global Management Consulting Firm

Retrieved on: 
Thursday, February 22, 2024
Private equity, Work, Partner, Veteran, Complementarity, Management

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- Global management consulting firm Zinnov has organized its services into two main business units – Globalization Excellence and Technology Business Strategy. This strategic realignment will enable the 21-year-old company to streamline operations based on complementarity of work and serve its global customers across regions frictionlessly.

Key Points: 
  • This strategic realignment will enable the 21-year-old company to streamline operations based on complementarity of work and serve its global customers across regions frictionlessly.
  • Thakker and his team have helped over 100 such Global Capability Centers (GCCs), set up or scale up over the last decade.
  • Said Pari Natarajan , CEO, Zinnov: "Our vision is to become a significant multi-generational global management consulting firm – one that stays committed to customer centricity, even at scale.
  • And to accomplish this, we are empowering Nilesh Thakker and Sidhant Rastogi – two exceptional homegrown leaders – to drive Zinnov forward."

Strategic Realignment Signals Next Phase of Growth for Zinnov, A Global Management Consulting Firm

Retrieved on: 
Thursday, February 22, 2024
Private equity, Work, Partner, Veteran, Complementarity, Management

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- Global management consulting firm Zinnov has organized its services into two main business units – Globalization Excellence and Technology Business Strategy. This strategic realignment will enable the 21-year-old company to streamline operations based on complementarity of work and serve its global customers across regions frictionlessly.

Key Points: 
  • This strategic realignment will enable the 21-year-old company to streamline operations based on complementarity of work and serve its global customers across regions frictionlessly.
  • Thakker and his team have helped over 100 such Global Capability Centers (GCCs), set up or scale up over the last decade.
  • Said Pari Natarajan , CEO, Zinnov: "Our vision is to become a significant multi-generational global management consulting firm – one that stays committed to customer centricity, even at scale.
  • And to accomplish this, we are empowering Nilesh Thakker and Sidhant Rastogi – two exceptional homegrown leaders – to drive Zinnov forward."