Strategy – Page 6848 – I wish I had more to offer

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

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

TÜV Rheinland achieves sustainable growth

Certification Company with global presence announces significant increase in revenues and profits in fiscal year 2022 LITTLETON, Mass., May 15, 2023 /PRNewswire/ — TÜV Rheinland, the global testing services provider, closed fiscal year 2022, its 150th anniversary, with revenues of €2.275 billion (compared to €2.09 billion in 2021), an increase of 8.8%. In the fiscal… Continue reading TÜV Rheinland achieves sustainable growth

Uno Minda plans to raise upto INR 1500 cr through debt offering

Apart from the engine oils being highly efficient, the brand has also decided to pack these new products in 100% eco-friendly lead-free containers. New Delhi: Uno Minda is considering raising upto INR 1500 crore through debt offering, qualified institutional placement, the company said in a regulatory filing. In March, the company announced the launch of… Continue reading Uno Minda plans to raise upto INR 1500 cr through debt offering

LANXESS reports sales at Euro 1.899 billion in 1Q23

The specialty chemicals company LANXESS has achieved its forecast earnings for the first quarter of 2023: EBITDA pre exceptionals came to Euro 189 million, within the range of Euro 180 million to Euro 220 million forecast in March. Compared with the previous year’s figure of 262 million euros, earnings thus declined by 27.9 percent. Sales remained almost stable. They amounted to… Continue reading LANXESS reports sales at Euro 1.899 billion in 1Q23

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