The Brose Sitech joint venture has officially opened its second production site in China on October 18. Brose is a global automotive supplier that makes mechatronic systems for cars and trucks. The newly established company Brose Sitech (Anhui) Automotive Systems Co, located in Hefei/Anhui province, will initially supply seat systems for the all-electric Cupra Tavascan. Series… Continue reading Brose Sitech opens second plant in China
Tag: Strategy
OBiO Announces Strategic Partnership with Refreshgene to Realize Commercialization of Gene Therapy Product
Visit OBiO at ESGCT 30th Annual Congress in Brussels SHANGHAI, Oct. 24, 2023 /PRNewswire/ — OBiO Technology (Shanghai) Corp., Ltd. (OBiO, 688238.SH), a world leading contract development and manufacturing organization for cell and gene therapy, officially announced an agreement with Refreshgene Therapeutics (Refreshgene). Under the agreement, OBiO leverages its capabilities of process development, large-scale cGMP commercial… Continue reading OBiO Announces Strategic Partnership with Refreshgene to Realize Commercialization of Gene Therapy Product
Bain Capital, China’s DNE Group form $250m industrial real estate JVDNE will manage projects for the JV while Bain acts as the strategic investor.
Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the US firm looks for investment opportunities in manufacturing park assets in China. The initial batch of assets the joint venture will invest in are located in China’s… Continue reading Bain Capital, China’s DNE Group form $250m industrial real estate JVDNE will manage projects for the JV while Bain acts as the strategic investor.
SE Asian logistics startup Inteluck raises $34m in Series C funding
Inteluck, a Southeast Asian third-party logistics player, has raised $34 million in a Series C funding round led by Philippines-focused private equity firm Navegar. The company’s existing investor East Ventures participated in the funding round, according to a release. “As the industry grows from increased trade, infrastructure upgrades, and the development of traditional sectors, Inteluck… Continue reading SE Asian logistics startup Inteluck raises $34m in Series C funding
Automotive Sensors Market size worth USD 43.6 Billion, Globally, by 2030 at 7.01% CAGR: Verified Market Research®
The “Global Automotive Sensors Market Size By Type, By Vehicle Type, By Application, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Automotive Sensors Market, including its growth prospects, market trends, and market challenges. JERSEY CITY, N.J., Oct. 23, 2023 /PRNewswire/ — The… Continue reading Automotive Sensors Market size worth USD 43.6 Billion, Globally, by 2030 at 7.01% CAGR: Verified Market Research®
It Looks Like Twitter Is in Even Deeper Trouble Than We Thought
X-formerly-Twitter is still bleeding advertisers under Elon Musk’s characteristically unpredictable leadership — and the situation may be even more dire than we’d thought. As Insider reports, marketing consultancy Ebiquity found that the vast majority of the biggest spenders have stopped advertising on X following Musk’s ill-fated takeover last year. That seems to contradict Musk’s and CEO… Continue reading It Looks Like Twitter Is in Even Deeper Trouble Than We Thought
Growing Emphasis on Noise-Free Vehicles to surge Off-highway EV Components Sales to US$ 106.2 billion by 2033 | Future Market Insights, Inc.
The off-highway EV component market is a rapidly growing market with significant potential for growth in the coming years. Key players in the market should focus on developing innovative and high-performance products that meet the needs of their customers. Additionally, they should focus on expanding their reach into new and emerging markets. NEWARK, Del., Oct.… Continue reading Growing Emphasis on Noise-Free Vehicles to surge Off-highway EV Components Sales to US$ 106.2 billion by 2033 | Future Market Insights, Inc.
Strategic Value Partners to acquire APCOA Parking Holdings
STUTTGART, Germany and GREENWICH, Conn., Oct. 23, 2023 /PRNewswire/ — APCOA Parking Holdings (“APCOA”) and Strategic Value Partners, LLC and its affiliates (together, “SVP”), a global alternative investment firm with over $18 billion of assets under management, today announced that SVP-managed funds have entered into an agreement to acquire 100% of APCOA, Europe’s leading parking… Continue reading Strategic Value Partners to acquire APCOA Parking Holdings
Global Healthcare Accreditation Welcomes Karin Jay as President of Global Strategy and Announces Renée-Marie Stephano’s Transition to CEO
New Leadership Aims to Reinforce GHA’s Position as the Foremost Authority in Medical and Well-being Travel Accreditation PALM BEACH GARDENS, Fla., Oct. 23, 2023 /PRNewswire/ — Global Healthcare Accreditation (GHA), the esteemed authority in accreditation and certification with a specialized focus in medical and wellness travel, has named Karin Jay as its new President of Global… Continue reading Global Healthcare Accreditation Welcomes Karin Jay as President of Global Strategy and Announces Renée-Marie Stephano’s Transition to CEO
Rasmala raises AED 220 million equity in Gulf Navigation Holding PJSC
DUBAI, UAE, Oct. 23, 2023 /PRNewswire/ — Rasmala Investment Bank Limited (“Rasmala”), a leading alternative investment manager, announces that it has arranged a successful capital raise for Gulf Navigation Holding PJSC (“GULFNAV”), a prominent player in the petrochemical tanker sector. This achievement represents a significant milestone in GULFNAV’s ongoing efforts to bolster its position within… Continue reading Rasmala raises AED 220 million equity in Gulf Navigation Holding PJSC