Ford said the decision was “grossly irresponsible but unsurprising given the union leadership’s stated strategy of keeping the Detroit 3 wounded for months through ‘reputational damage’ and ‘industrial chaos.’” The United Auto Workers (UAW) snap strike on Wednesday at Ford’s largest and most profitable factory is raising pressure on Stellantis NV and General Motors as… Continue reading Surprise UAW strike at Ford raises stakes for Detroit Three
Tag: Strategy
ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER
Sole Western Manufacturer of Sintered NdFeB Electric Vehicle-Grade Permanent Magnets Poised to Meet Significant Demand for High-Quality, High-Performance Magnetic Materials Critical to the Global Energy Transition HOUSTON and HANAU, Germany, Oct. 10, 2023 /PRNewswire/ — Ara Partners (“Ara”), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Vacuumschmelze… Continue reading ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER
Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
Leading hotel tech provider takes transformative step towards a next generation CRM platform that empowers hoteliers to build stronger relationships with their guests whilst driving profitable revenue BARCELONA, Spain, Oct. 10, 2023 /PRNewswire/ — Cendyn, a catalyst for digital transformation in the hospitality industry, is thrilled to announce its strategic acquisition of PUSHTech, a pioneering… Continue reading Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
CSP Associates Expands Senior Leadership Team, Adding Dr. Rob Mullins as Senior Managing Director
CAMBRIDGE, Mass., Oct. 10, 2023 /PRNewswire/ — CSP Associates LLC, a leading commercial diligence advisory firm in the aerospace, defense, and government services markets, announced today an expanded senior leadership team, adding Dr. Robert (Rob) Mullins as a Senior Managing Director. Rob will help lead all facets of CSP’s strategic and transaction advisory practices, including… Continue reading CSP Associates Expands Senior Leadership Team, Adding Dr. Rob Mullins as Senior Managing Director
Nox Management Expands Portfolio with Trampo Extreme Acquisition
KUWAIT CITY, Oct. 10, 2023 /PRNewswire/ — Kuwait-based Nox Management acquires Trampo Extreme, a renowned entertainment and adventure enterprise spanning across Kuwait, UAE, Bahrain, Qatar, and Oman. This strategic move marks a pivotal milestone in Nox Management’s ambitious growth and expansion strategy. Globally, the Entertainment Centers sector boasts a staggering worth of US$ 11.2 Billion,… Continue reading Nox Management Expands Portfolio with Trampo Extreme Acquisition
ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST
Asyad Express forms landmark strategic alliance with Evri, the UK’s largest dedicated parcel delivery company Partnership to attract major UK, European, US and Chinese players to Oman by facilitating access to Asyad Group’s world-class logistics ecosystem Collaboration provides a unique opportunity for UK and European retailers to expand into the Middle East e-commerce market Partnership… Continue reading ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST
There’s no easy answer to being a space janitor
Earth’s orbit is getting crowded. Last year, a record 2,409 objects were sent to orbit, the bulk of which were satellites settling into the increasingly cluttered region 1,200 miles above our planet’s surface known as low Earth orbit. Another 2,000-plus satellites have joined them so far this year, according to the UN’s Online Index of… Continue reading There’s no easy answer to being a space janitor
Stellantis to hire 1,100 software engineers in 12-18 months in India: PTI
Global automotive major Stellantis plans to hire around 1,100 software engineers in the next 12 to 18 months in India, which has been made the global competence centre for the development of new-age cockpit, company Chief Software Officer Yves Bonnefont said on Thursday. The company’s 50:50 joint venture with Taiwan’s Foxconn, MobileDrive, for the development… Continue reading Stellantis to hire 1,100 software engineers in 12-18 months in India: PTI
Constellation Cold Logistics entered into an agreement to acquire VF Coldstores
LONDON, Oct. 11, 2023 /PRNewswire/ — Constellation Cold Logistics (“Constellation” or the “Company”), a leading European cold storage and logistics provider, announced today that it has entered into an agreement to acquire VF Coldstores (“VF”). The transaction will allow Constellation to enter the Irish market, strengthening its European footprint and service offering for existing and new… Continue reading Constellation Cold Logistics entered into an agreement to acquire VF Coldstores
Constellation Cold Logistics entered into an agreement to acquire Colso Coldstorage
LONDON, Oct. 11, 2023 /PRNewswire/ — Constellation Cold Logistics (“Constellation” or the “Company”), a leading European cold storage and logistics provider, announced today that it has entered into an agreement to acquire Colso Coldstorage Ltd (“Colso”). The transaction will allow Constellation to enter the Irish market, strengthening its European footprint and service offering for existing and… Continue reading Constellation Cold Logistics entered into an agreement to acquire Colso Coldstorage