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IndusInd International to acquire 60pc stake in Invesco IndiaMauritius-based IndusInd International Holdings Limited (IIHL) has entered into a definitive agreement with global independent investment management firm Invesco to acquire a 60% stake in its Indian unit IAMI which boasts over $1.6 trillion in assets under management. More… |
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Hapag-Lloyd takes largest ship-to-ship LBM deliveryTitan Clean Fuels and STX Group have successfully concluded a ship-to-ship bunkering of 2,200 metric tonnes of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam. This transaction marks Hapag-Lloyd’s entry into using liquefied biomethan More… |
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PepsiCo chooses Mecalux to equip crisp factoryThe intralogistics group Mecalux will outfit PepsiCo’s plant in Veurne (Belgium), one of the largest potato crisp factories in Europe. The Belgian entity of PepsiCo decided to overhaul its logistics operations by building a fully automated storage More… |
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Fogmaker expands global reach through subsidiary in BrazilFogmaker International AB, one of the leading global suppliers of fire suppression systems for machines and vehicles, has announced the launch of Fogmaker Brazil LTDA. This will be Fogmaker’s first subsidiary in South America and marks a significant mile More… |
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Celebrity beauty brands net over $1bn earnings in 2023, says reportCelebrity beauty brands have collectively netted more than $1billion in sales in 2023 with Rihanna's Fenty Beauty topping the list followed by Priyanka Chopra Jonas’s hair care brand Anomaly and Kylie Jenner's cosmetics brand, according to Upbeat Agency. New data reveals More… |
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Rösler is exclusive global sales partner for GPAINNOVARösler Oberflächentechnik GmbH and the Spanish technology group GPAINNOVA are expanding their partnership, with Rösler taking over the worldwide distribution of GPAINNOVA's Carbide Cutting Tools Series as well. The carbide machines use the p More… |
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Edamah issues RFP for Sitra Industrial Park consultancyBahrain Real Estate Investment Company (Edamah), a unit of the kingdom's sovereign wealth fund Mumtalakat, has issued request for proposals (RFP) to leading architectural firms for providing lead consultancy services for the Sitra Industrial Park project. More… |
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Next generation DCS Valmet DNAe launchedValmet is taking process automation further by introducing the next-generation distributed control system (DCS), the Valmet DNAe. The fully web-based process control system comes with a new cybersecure system architecture, control software and hardware, engine More… |
