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

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

Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD

NORTHBROOK, Ill., May 16, 2023 /PRNewswire/ — Amsterdam based Hilco Industrial Acquisitions, an operating company of US based Hilco Global, announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD, located in Subic Bay, Philippines, following its strategic acquisition. Consistently with the new business direction of revitalizing the operations of the… Continue reading Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD

Parcel Perform and GEODIS Collaborate to Deliver Advanced Logistics Visibility for Global E-Commerce Retailers and Brands

SINGAPORE and LEVALLOIS-PERRET, France, May 16, 2023 /PRNewswire/ — Parcel Perform, the leading data and delivery experience platform for e-commerce businesses worldwide, has announced a strategic data relationship with GEODIS, a world leader in transport and logistics. Continue Reading Parcel Perform and GEODIS Collaborate to Deliver Advanced Logistics Visibility for Global E-Commerce Retailers and Brands Through… Continue reading Parcel Perform and GEODIS Collaborate to Deliver Advanced Logistics Visibility for Global E-Commerce Retailers and Brands

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

TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year

Very strong momentum has continued into the current year with trading in H1 up 64% on pre-pandemic levels as the business accelerates towards delivering £1bn+ of platform sales in FY23 MANCHESTER, England, May 16, 2023 /PRNewswire/ — Travel Counsellors, the UK’s largest and fast-growing technology platform for travel entrepreneurs, is pleased to announce its Annual Results for the… Continue reading TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year

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

Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings

Brings Yanolja Cloud extensive travel inventory of over 1 million products from 200 countries Reinforces Yanolja Cloud’s commitment to leading global digital transformation and enhancing the travel experience SEOUL, South Korea, May 15, 2023 /PRNewswire/ — Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, has announced the acquisition… Continue reading Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings