Zoomlion Empowers Product and Market Development with Glocalization Strategy

CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy

CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023

SAO PAOLO, Brazil , May 15, 2023 /PRNewswire/ — CEAT Specialty, leading off- highway tire manufacturer, showcased its range of agricultural tires, at Agrishow 2023- Brazil’s largest agricultural technology trade show. The event was held from 1st to 5th May at Ribeirão Preto, Sao Paolo – Brazil. On display are CEAT Specialty’s VF technology tires- Torquemax… Continue reading CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023

Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

Apax Funds make approximately $450m investment in travel tech company IBS Software

DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software

Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

OptiGroup successfully raises EUR 100 million additional debt from leading investors

GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors

TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity  firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

Israel’s Hanaco Ventures nears final close of VC funds worth up to $526m

Israeli investment firm Hanaco Ventures is nearing the final close of its latest growth and early-stage funds with backing from Asian institutional investors, at a time when the venture capital (VC) world is grappling with an industry-wide slowdown. The Tel Aviv- and New York-based investor has concurrently raised $400 million for Hanaco Growth Fund III… Continue reading Israel’s Hanaco Ventures nears final close of VC funds worth up to $526m

Tractor Sales Graph Going Upward in the Middle East and Africa, Arizton Report Forecasts, the Sales to Cross 109,974 Units by 2028

CHICAGO, May 16, 2023 /PRNewswire/ — According to Arizton’s latest report, the Middle East & Africa tractor market will grow at a CAGR of 4.77% during 2022-2028. To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3824 Continue Reading Middle East and Africa Tractor Market Arizton_Log Money and time can be saved, and farm yields can be… Continue reading Tractor Sales Graph Going Upward in the Middle East and Africa, Arizton Report Forecasts, the Sales to Cross 109,974 Units by 2028

COSTA COFFEE, THE UK’S FAVORITE COFFEE, SELECTS GEP’s UNIFIED PROCUREMENT SOFTWARE TO TRANSFORM ITS ENTIRE SOURCE-TO-CONTRACT PROCESS

CLARK, N.J., May 16, 2023 /PRNewswire/ — GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that Costa Coffee, the second largest coffeehouse chain in the world, and the largest in the UK, selected GEP SOFTWARE™, the industry’s leading procurement and… Continue reading COSTA COFFEE, THE UK’S FAVORITE COFFEE, SELECTS GEP’s UNIFIED PROCUREMENT SOFTWARE TO TRANSFORM ITS ENTIRE SOURCE-TO-CONTRACT PROCESS