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Purchase price of $4.95 billion represents ~13x 2023E EBITDA, inclusive of tax benefits and run-rate cost synergies Acquisition will strengthen Honeywell’s strategic alignment to the megatrend of [...] Read more Read More

Revenues fall by 8.5% to EUR 574.4 million (FX-adjusted: –6.8%) Operating results (EBIT) at EUR 30.9 million (H1 2022/23: EUR 50.8 million) EBIT adjusted for special effects [...] Read more Read More

During the Capital Markets Day, held in Naples on the 5th of October, Massimo Battaini, Prysmian CEO-designated, presented the Group's new business strategy.     Prysmian Group’s [...] Read more Read More

In a constantly evolving world where growth remains the ultimate objective of any successful organization, R&M France, an innovative company in the information and communication technology market, [...] Read more Read More

Jacky Lu steps in as General Manager China amid industry-wide successes     Reichle & De-Massari (R&M), the globally active developer and provider of high-end infrastructure solutions [...] Read more Read More

Daniel Hager assumes the Chairmanship of the Supervisory Board of Hager Group on December 1st, 2023 succeeding the long-standing chairman Günther Fleig.    Concurrently, Dr. Filip Thon, [...] Read more Read More

The youngest of Ensto's owners and a Board member of Ensto Invest, Matias Oksanen, has passed away unexpectedly of a sudden illness on October 18, 2023.    [...] Read more Read More

New operating model includes four verticalized businesses to enhance customer-centricity and speed of execution Structural measures to reduce non-manufacturing costs, generating expected annualized savings in excess of [...] Read more Read More

Rexel today announced the appointment of Roger Little as Chief Executive Officer (CEO) for the USA and leader of the USA-Canada cluster, effective December 18, 2023.   [...] Read more Read More

For the second time the HARTING Technology Group generated sales slightly in excess of one billion euros.    Following the record result of € 1.059 billion in [...] Read more Read More