Investment & Financing
Brandt Completes Cervus Deal, Creates International Equipment Dealer Powerhouse
Regina-based company welcomes 64 new locations across Canada, Australia, and New Zealand. REGINA, SK, Oct. 23, 2021 /PRNewswire/ -- Brandt Tractor Ltd., a wholly owned subsidiary of the Brandt Group of Companies, is pleased to announce that it has successfully acquired Cervus Equipment Corp., f...
Indonesia Poised to be the Next Great Startup Hub in Southeast Asia
JAKARTA, Indonesia, Oct. 22, 2021 /PRNewswire/ -- The pandemic has brought down almost every major industry in the world, yet the startup ecosystem has managed to thrive amid the challenging moment. InIndonesia, the support from the government and the Ministry of Communication and Informatics ...
New distributor in the US for LightAir
STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- LightAir has signed a distribution agreement for the US market with market-leading Almo Corporation. The collaboration begins immediately with a first order for Swedish-developed air purifiers, valued at approximatelySEK 2 million. Over the past six month...
Iyuno-SDI Makes Strategic Investment in Ortana Media Group
UK-Based Digital Media Workflow Orchestration and Asset Management Solutions Provider LONDON, Oct. 22, 2021 /PRNewswire/ -- Iyuno-SDI Group, a global localization and media services partner to the world's leading content producers and distributors, announced today its investment in UK-based tech...
Intelligent Driving Solution Provider JIMU Intelligent Raised CNY 200 million in Series C1 Funding
WUHAN, China, Oct. 22, 2021 /PRNewswire/ -- JIMU Intelligent, the global leading intelligent driving solution provider, has successfully raisedCNY 200 million in a Series C1 funding round. This round was jointly led by Forebright Capital and SDIC Unity Capital, followed by well-known institutions...
Hopium and Saint-Gobain Sekurit sign a partnership to develop the car glazing of the Māchina
PARIS, Oct. 22, 2021 /PRNewswire/ -- The French manufacturer Hopium announces the signing of a partnership with Saint-Gobain Sekurit, a world pioneer in the manufacturing of automotive glazing, to co-develop the glazing of the Hopium Māchina, its high-end hydrogen-powered sedan. This new major i...
Ethnic E-Grocer Weee! Announces Acquisition of Online Asian Food Delivery Company RICEPO
Acquisition is the company's first since announcing $315 million Series D funding FREMONT, Calif., Oct. 21, 2021 /PRNewswire/ -- Weee! (www.sayweee.com), the largest and fastest-growing ethnic e-grocer inNorth America, today announced the acquisition of RICEPO, an online Asian food delivery comp...
Liuzhou Steel Group Automates Bulk Material Handling with 3D LiDAR Solution from Quanergy
* Quanergy 3D LiDAR provides superior accuracy to automate heavy machinery, reducing risk of accidents. * Integrated 3D LiDAR solution increases operation efficiency by 50% and decreases labor costs by 60%. * Provides reliable performance in any ambient conditions, including high levels of ...
FLS and Rattanakorn sign Joint Venture Agreement to accelerate their growth in Warehousing and Contract Logistics Services
BANGKOK, Oct. 21, 2021 /PRNewswire/ -- Rattanakorn Asset and FLS recently
signed a Joint Venture agreement to formFLS Supply Chain Centers, to design,
build and operate specialized warehouse complexes acrossThailand.
Trip.com Group deepens partnership with Rosewood Hotel Group and Tongpai Hotels in new joint venture
SHANGHAI, Oct. 21, 2021 /PRNewswire/ -- Today, Rezen Group, a subsidiary of Trip.com Group, New World Hotels & Resorts, a subsidiary of Rosewood Hotel Group, and Tongpai Hotels of Chow Tai Fook Enterprises, deepened their cooperation by establishing a joint venture to operate hotels in mainlandCh...
Primavera Capital Invests in Envision to Advance Carbon Neutrality
BEIJING, Oct. 21, 2021 /PRNewswire/ -- Primavera Capital Group ("Primavera") announced a strategic investment ofUS$600 million in Envision Energy and Envision AESC, two subsidiaries of Envision Group ("Envision"). This is another important investment by Primavera in the field of carbon neutrality...
EVERSANA and Intouch Group join forces, adding the premiere digital-first agency network to the market leader in next generation commercialization
CHICAGO and KANSAS CITY, Mo., Oct. 20, 2021 /PRNewswire/ -- EVERSANA™, the pioneer of next generation commercial services to the global life sciences industry, andIntouch Group®, a full-service global agency network serving the pharmaceutical industry, today announced that they signed an agreemen...
Wells Fargo Strategic Capital Brings Total Growth Investment in Volante Technologies to USD 45M
NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments and financial messaging, today announced it receivedUSD 10M in growth funding fromWells Fargo Strategic Capital, bringing the total institutional investment to date toUSD 45M. With this investment, t...
China Yuchai Forms Joint Venture in Beijing to Develop Fuel Cell Powertrain Systems
SINGAPORE, Oct. 20, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (...
MPC Container Ships ASA secures new financing facility, agrees on sale of six vessels and provides update on charter fixtures
OSLO, Norway, Oct. 20, 2021 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce the following measures that will increase the Company's balance sheet flexibility in order to execute on the Group's plan to comme...
Clayton, Dubilier & Rice Reaches Agreement to Acquire PwC's Global Mobility Tax and Immigration Services Business
Transaction Will Create the Independent Leader in Global Mobility Tax and Immigration Services for Multinational Organizations LONDON and NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Clayton, Dubilier & Rice and PwC today announced an agreement under which CD&R funds will acquire PwC's Global Mobilit...
Humelo receives US$2.6M pre-series A funding from KT and Kakao for AI voice synthesis solution
SEOUL, South Korea, Oct. 19, 2021 /PRNewswire/ -- Humelo, a startup that
specializes in AI-based voice synthesis solutions and a member ofBorn2Global
Centre, recently received a pre-series A investment of USD 2.6 million (KRW 3
billion) from KT Investment and Kakao Investment.
Pismo Raises $108 Million Series B Led by SoftBank, Amazon and Accel to Enable Cloud-Native Financial Services Globally
Investors also include B3, Falabella Ventures, Headline, PruVen and Redpoint eventures. Funding will fuel the company's expansion and development of market-leading banking and payments technologies SÃO PAULO, Oct. 19, 2021 /PRNewswire/ -- Pismo, the cloud-native core banking and payments platfor...
Zenix Enters into Definitive Agreement for "Going Private" Transaction
BEIJING, Oct. 19, 2021 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced that it has entered into an Agreement and Plan of M...
Carrier Acquires Cavius, an Innovative Residential Alarm Company
Strategic acquisition expands Carrier's Healthy Homes offering and strengthens its interconnected Fire & Security portfolio PALM BEACH GARDENS, Fla., Oct. 19, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) the leading global provider of healthy, safe, sustainable and intelligent bui...
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