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L'acquisition va permettre d'étendre la présence de Valspar sur le marché européen des revêtements industriels, d'une valeur de 6 milliards USD, et de produire des synergies opérationnelles avec les activités déjà existantes de la société

MINNEAPOLIS - Mercredi 5 Juin 2013 [ME NewsWire]

--(BUSINESS WIRE)--The Valspar Corporation (NYSE:VAL), un fabricant international de premier plan de peintures et de revêtements, a annoncé aujourd'hui avoir conclu un accord définitif pour acquérir Inver Holding S.r.l. (Inver Group), un grand fabricant de revêtements industriels d'Europe. La clôture de la transaction, qui devrait survenir au quatrième trimestre de l'exercice fiscal, est assujettie aux conditions de clôture conventionnelles. Les conditions financières n’ont pas été communiquées.

Inver Group, dont le siège est situé à Bologne en Italie, a géné ... Read more »
Views: 77 | Added by: uaeonlinenews | Date: 06.05.2013

LONDRES - Mercredi 5 Juin 2013 [ME NewsWire]

(BUSINESS WIRE)--Ernst & Young est ravi d'annoncer l'inauguration de son Centre d'excellence pour les entreprises familiales internationales, une nouvelle plateforme de ressources en ligne d'envergure. La création de ce centre reflète l'engagement ferme et de longue date d'Ernst & Young envers les entreprises familiales à qui il permet d'accéder aux conseils, à l'expérience et aux spécialistes nécessaires à leur développement et à leur réussite pendant des générations.

Peter Englisch, responsable de la division des entreprises familiales internationales chez Ernst & Young a commenté : « Forts de plus de 90 ans d'expérience et disposant d'un réseau professionnel qui s'étend à 140 pays, nous savons que nombre d'entreprises familiales bénéficient d'avantages similaires et font face à des défis communs. Aujour ... Read more »
Views: 72 | Added by: africa-live | Date: 06.05.2013

LONDON--(BUSINESS WIRE)--Ernst & Young is delighted to announce the launch of its Global Family Business Center of Excellence, a powerful new online resource. The center showcases Ernst & Young’s long and deep commitment to family businesses and provides access to the insights, experience and people they need to grow and succeed for generations.  

Peter Englisch, Global Family Business Leader at Ernst & Young, said: "With over 90 years of experience and a professional network spanning 140 countries, we know that many family businesses share similar advantages and face common challenges. Today, 90% of our clients are private or family owned businesses, and we are committed to helping them to succeed.

"We understand the unique challenges that they face – and how to address them. The Family Business Center provides access to our unique "growth DNA of family business” model, which addresses every facet of the personal and business agenda, aligning our persona ... Read more »
Views: 83 | Added by: africa-live | Date: 06.05.2013

Purchase expands presence in the $6 billion European industrial coatings market and provides operating synergies with Valspar’s existing businesses

MINNEAPOLIS - Wednesday, June 5th 2013 [ME NewsWire]

(BUSINESS WIRE)-- The Valspar Corporation (NYSE:VAL), a leading global manufacturer of paints and coatings, today announced a definitive agreement to acquire Inver Holding S.r.l. (Inver Group), a leading industrial coatings manufacturer in Europe. The transaction is expected to close in the fiscal fourth quarter, subject to regulatory approval and customary closing conditions. Financial terms were not disclosed.

Inver Group is headquartered in Bologna, Italy and generated sales in 2012 of approximately €160 million ($200 million). Founded in 1934, the company specializes in liquid and powder coatings products as well as resins that are used in a variety of industrial applications including off-road equipment, auto and off-road parts, architectural aluminum windo ... Read more »
Views: 80 | Added by: uaeonlinenews | Date: 06.05.2013

Inauguration of Bottling Plant Part of Planned $200 Million Investment in Myanmar Creating 22,000 Jobs Over Five Years

YANGON, Myanmar - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- For the first time in more than 60 years, Coca-Cola is being bottled in Myanmar. Muhtar Kent, Chairman and CEO of The Coca-Cola Company, today attended the ceremonial inauguration of a bottling plant in Crystal Springs, Hmawbi Township. The facility is the first to locally bottle Coca-Cola since the Company re-entered Myanmar last year. The historic event continues the long-term commitment of The Coca-Cola Company to generate a lasting positive impact by manufacturing, distributing, selling and hiring through its local business in Myanmar.

 "As we grow as a local business in Myanmar, we are committed to creating economic value and building sustainable communities,” said Kent. "For the people of Myanmar, Coca-Cola embodies the optimism of a bright future, with the promise ... Read more »
Views: 98 | Added by: uaeonlinenews | Date: 06.05.2013

SUGAR LAND, Texas - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Wireless Seismic, Inc., the leading innovator of real-time and cable-less seismic data acquisition systems for the oil and gas industry, announced today the successful completion of its latest funding round of $12.5 million. Existing shareholders, Chesapeake Energy and Energy Ventures, were joined in this round by Total Energy Ventures, the corporate venture capital arm of French oil and gas major Total.

"Cable-less is becoming a new standard for land seismic acquisition work, and we are very excited to be investing in Wireless Seismic and to provide growth capital for a promising technology,” said Francois Badoual, CEO of Total Energy Ventures. "We believe that the real-time capability of Wireless Seismic’s RT System 2 can offer a substantial advantage in a broad range of operations.”

With this transaction, Wireless Seismic increases its board of directors to six members including Gary E. J ... Read more »
Views: 99 | Added by: uaeonlinenews | Date: 06.05.2013 | Comments (0)

MIDDLEBURY, Conn - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Addivant™ USA, LLC announces the introduction of new POLYBOND® polymer modifiers that allow halogen-free polyolefin compounds to efficiently replace PVC in flame retardant wire and cable solutions.

The replacement of PVC in wire and cable insulation and jacketing is driven by regulatory changes and consumers’ increased desire for sustainable solutions. This has developed an increased demand for halogen free polyolefin compounds for use in a growing number of wire and cable markets, such as transportation, electrical & electronic, building & construction and appliance applications. Currently, polyolefins are the most widely used polymers in the world, primarily due to their ease of processing, balance of mechanical properties versus cost and, with respect to the wire & cable market, good electrical properties. However, a major drawback with the use of polyolefins is that they are not ... Read more »
Views: 105 | Added by: uaeonlinenews | Date: 06.05.2013

LONDRES - Mercredi 5 Juin 2013 [ME NewsWire]

IDG Connect, la division responsable de la publication des données d'IDG, la plus grande entreprise de médias technologiques du monde, a annoncé le lancement d'un tout nouveau site Web conçu pour présenter les mille et une façons dont les technologies de l'information et des communications façonnent le monde actuel.

Disponible à l'adresse, le site d'IDG Connect rassemblera les contributions de rédacteurs experts installés en Asie, en Europe, en Afrique, en Australasie et dans les Amériques. Ce site mettra en avant la manière dont les nouveaux courants technologiques transforment actuellement les sociétés et les économies dans les pays et régions développés et en développement. En outre, les internautes pourront également y consulter des rapports établis à partir d'enquêtes uniques menées aupr ... Read more »
Views: 77 | Added by: uaeonlinenews | Date: 06.05.2013

HOUSTON - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Stallion Oilfield Holdings, Inc. (the "Company”) announces today that it is seeking commitments for a new senior secured term loan in an aggregate principal amount of up to $350,000,000 (the "Term Loan”) and an increase of commitments under its existing asset-backed loan facility ("ABL”) from $50 million to $65 million. The proceeds from the Term Loan are intended to be used to redeem the remaining $134 million of the Company’s senior secured notes due 2015, fund a portion of an approximately $217 million dividend to the Company’s stockholders, and fund transaction costs and for other corporate purposes.

Merrill Lynch, Pierce, Fenner & Smith Incorporated and Jefferies Finance LLC will act as joint lead arrangers and book managers for the Term Loan and Bank of America, N.A. will continue to act as administrative agent under the ABL.

The Term Loan will be guaranteed by all of the Company’s domestic ... Read more »
Views: 78 | Added by: africa-live | Date: 06.05.2013

SHENZHEN, China - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has achieved the global No.2 ranking in the optical network market.

According to the latest market analysis report ‘Market share-1Q13 Global ON’ released by Ovum, ZTE displaced Alcatel-Lucent to take second position. "ZTE has a higher percentage of next-generation equipment for the aggregation market than its competitors do, so ZTE is not as affected by the shift in spending away from TDM as the others which is the source of the market share gains," said Ron Kline, Principle Analyst, Network Infrastructure, Ovum.

"ZTE is dedicated to developing next-generation optical networking products, including Packet Transport Network (PTN), Optical Transport Network (OTN) and 100G,” said Mr. Xu Ming, VP, ZTE Bearer ... Read more »
Views: 75 | Added by: uaeonlinenews | Date: 06.04.2013

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