Acino today announced the completion of its acquisition of six South African prescription medicines from Aspen Pharmacare Holdings Limited (“Aspen”) for over R1.8 billion (€105 million).
Acino today announced the completion of its acquisition of six South African prescription medicines from Aspen Pharmacare Holdings Limited (“Aspen”) for over R1.8 billion (€105 million).
Leading paper merchant in Central & Eastern Europe executes diversification strategy
The Compound Company, a leading developer and manufacturer of compounds, announced it has acquired the production site, product portfolio and customer base for Exxelor™ polymer resins from ESSO Deutschland GmbH , ExxonMobil in Cologne, Germany. The acquisition will increase the global production capacity of The Compound Company to about 70 kilotons per year and significantly expand the group’s reach into new markets.
Merck delivered record growth in fiscal 2021. In the course of the year, the company had already raised its business forecast three times.
Highcon Systems Ltd. yesterday filed a report with the Tel Aviv Stock Exchange announcing the fund raising of $18.5M by means of a private share placement. Two of Israel’s largest insurance companies led the investment round and increased their stake in the company further to the company’s flotation on the Tel Aviv Stock Exchange in November 2020. This latest investment further strengthens the company’s already healthy balance sheet.
Xaar has completed the acquisition of Megnajet, one of the market leaders in the design and manufacture of industrial ink management and supply systems for digital inkjet.
Canon EMEA accounted for 30 percent of global sales, wherein Canon Middle East and Turkey contributed 27 percent of regional sales, making it the largest sales market in the region. As governments across the Middle East continue to diversify their economies and highlight digital transformation, the Middle East continues to be an important market for Canon.
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it has completed the previously announced acquisition of the 50% equity interest of Louisiana-Pacific Corporation (NYSE: LPX) in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership located in Quebec.
Exceeded Fourth Quarter and Full Year Revenue Forecast
Reiterates Previous FY2022 Revenue Guidance of $89 Million
• Exceeded revenue forecast – 20% sequential increase / 45% growth vs FY 2020
• Shipped first Sapphire XC system to aerospace customer in Q421
• Achieved 2021 shipments goal of 23 systems - 77% year over year growth
• Continued bookings strength – 34 systems booked in 2021 versus goal of 24
• Significant backlog for 2022 – 23 Sapphire systems (18 Sapphire XC)
Stora Enso today announced that they will stop all production and sales in Russia until further notice due to the ongoing invasion in Ukraine. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia, employing around 1,100 people.
Sale of the business part of 3M's ongoing strategic portfolio management
Transaction includes product manufacturing operations in La Mure, France
Top management at Messe Frankfurt is hoping that the pandemic will end soon, allowing the company to return to its normal business activities and generate revenue.
Group earnings before interest and taxes (EBIT) of around €29m for 2021
EBIT margin of roughly 2.6% exceeding company’s own forecast of 2.0%
P24x efficiency programme taking effect with gross savings of around €46m in 2021
8.5% increase in revenue to roughly €1,116m within the forecast range of €1,100 - 1,135m
Good order situation: 32% increase in orders to around €1,291m
Medium-term targets confirmed: EBIT margin of more than 7.0% on revenue of €1.3bn
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