Tag Archives: global market

Alfa Laval Strengthens Global Energy Portfolio with Strategic Acquisition of Fives Cryogenics

(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release

Adecco Group Taps Jo DeBecker to Spearhead Next-Gen Workforce Solutions at Akkodis

(IN BRIEF) The Adecco Group has appointed Jo DeBecker as the new President of Akkodis. In this key leadership role, DeBecker is tasked with driving strategic transformation and growth in the global talent solutions arena. With a robust background in … Read the full press release

Andritz and Schuler Unveil Strategic Alliance to Transform Metal Processing

(IN BRIEF) Andritz and Schuler have today unveiled their new joint venture, the Schuler Andritz Group, signaling a significant advancement in the metals industry. The alliance brings together Andritz’s global engineering and digitalization capabilities with Schuler’s advanced metal forming technology. … Read the full press release

BASF Coatings and NIO Forge Strategic Alliance to Transform Electric Vehicle Coatings

(IN BRIEF) BASF Coatings and NIO have signed a Letter of Intent to establish a long-term strategic partnership focused on enhancing automotive exterior coatings for NIO’s electric vehicles. The agreement outlines a framework for annual strategic dialogues, covering market development, … Read the full press release

MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

(IN BRIEF) MAPFRE RE has signed a three-year licensing deal with CyberCube to integrate its advanced cyber risk management tools, including a cyber accumulation solution, into its operations. This strategic partnership aims to enhance MAPFRE RE’s ability to assess and … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

Kärcher Partners with Deutsche Telekom to Launch IoT-Connected Autonomous Cleaning Robot for Global Market

(IN BRIEF) Kärcher, a renowned cleaning technology provider, has integrated its autonomous robot scrubber drier, Kira B 50, into the Internet of Things (IoT) ecosystem in collaboration with Deutsche Telekom. The partnership empowers Kärcher to offer its smart cleaning solutions … Read the full press release

AI-Powered Full-Stack Hardware and Software Solutions for Assisted and Automated Driving Unveiled by Continental and Ambarella

(PRESS RELEASE) FRANKFURT, Germany, SANTA CLARA, CA, United States, 5-Jan-2023 — /EuropaWire/ — Continental (ETR: CON), a German multinational automotive parts manufacturing company, and edge AI semiconductor company Ambarella have announced a strategic partnership at CES 2023. The partnership will … Read the full press release