Change in Kamux’s Group Management Team

HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team

Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024

ZUG, Switzerland, Aug. 2, 2023 /PRNewswire/ — Capri Sun Group Holding AG, the no. 1 kids drink brand in the world, has announced today that it will take back the sales and distribution of its iconic pouch drinks in France, Monaco, Great Britain, Netherlands, Belgium, Luxemburg, Sweden, Spain, and Portugal in 2024, bringing to an… Continue reading Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024

Wesco International Reports Record Second Quarter 2023 Results

Net sales a record $5.7 billion, up 5% YOY Organic sales growth of 3% YOY Operating profit of $364 million; operating margin of 6.3% Adjusted EBITDA of $442 million, flat YOY; adjusted EBITDA margin of 7.7% Gross margin of 21.6%, down 10 basis points YOY Earnings per diluted share of $3.41 Adjusted earnings per diluted… Continue reading Wesco International Reports Record Second Quarter 2023 Results

European Corporate Light Vehicle Leasing Market: Disruptions to the Supply Chain Brought About by Geopolitical Chaos are Leading to New Strategies and Diversifications in Product Offerings

DUBLIN, Aug. 3, 2023 /PRNewswire/ — The “Growth Opportunities in European Corporate Light Vehicle Leasing Market by Fleet Size” report has been added to ResearchAndMarkets.com’s offering. This study examines the European corporate light vehicle leasing market across the passenger vehicle (PV) and light commercial vehicle (LCV) segments. Vehicle leasing solves several challenges associated with an organization’s… Continue reading European Corporate Light Vehicle Leasing Market: Disruptions to the Supply Chain Brought About by Geopolitical Chaos are Leading to New Strategies and Diversifications in Product Offerings

The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

BARCELONA, Spain, Aug. 3, 2023 /PRNewswire/ — In just three editions, the Drone Show Festival has established itself as the leading international festival of drone shows. Organised by Flock Drone Art, the industry’s leading company, this summer the festival has hosted artistic works by companies from the United States, France, Portugal, the Netherlands and Spain. This… Continue reading The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

LEWES, Del., Aug. 1, 2023 /PRNewswire/ — Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million. Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo’s total funding to $67.3 million. Antler Elevate, Liberty… Continue reading Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

A Game Changer in the $700 Billion Electric Vehicle Market

FN Media Group Presents Oilprice.com Market Commentary LONDON, Aug. 1, 2023 /PRNewswire/ — China is the ‘800-pound gorilla’ of global EV supplies, and it dominates this market in every way, including sales. Last year, China’s exports of EVs increased 131.8% YoY to some 680,000 units, based on official data. In the first half of 2023, the Chinese… Continue reading A Game Changer in the $700 Billion Electric Vehicle Market

CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 1, 2023 /PRNewswire/ –The report “CNG, RNG, and Hydrogen Tanks Market by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application (Fuel, Transportation), and Region – Global Forecasts to 2030″, is estimated at USD 2.5 billion in 2022 and is… Continue reading CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

LONDON, Aug. 3, 2023 /PRNewswire/ — Driver and Occupant Monitoring Systems will be the fastest-growing active safety system over the decade, growing at a CAGR of 25% between 2023 and 2030, according to a new report by global technology intelligence firm ABI Research. Regulation and the standardized testing of fatigue detection, attention assistance, and child presence… Continue reading Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

Temasek to invest Rs 1,200 crore in Mahindra’s EV arm at a valuation of US$ 9.8 billion

Mahindra & Mahindra – India’s number two SUV maker in terms of volumes and Temasek, the Singapore-headquartered global investment firm, have executed a binding agreement for Temasek to invest Rs 1,200 crore into MEAL (Mahindra Electric Automobile Limited), the four-wheeler (4W) passenger electric vehicles company. Temasek will invest Rs 1,200 crore in the form of… Continue reading Temasek to invest Rs 1,200 crore in Mahindra’s EV arm at a valuation of US$ 9.8 billion