London/Sioux Falls, June 21 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it has entered into an agreement to acquire 100% of the capital stock of Raven Industries, Inc. (NASDAQ: RAVN), a US-based leader in precision agriculture technology for US$58 per share, representing a 33.6% premium to the Raven Industries 4-week [...]
TEMECULA, Calif., June 16 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce they have signed an agreement for Asas Aljood to become the Authorized Service Provider for Nikkiso Cryogenic Services (NCS) in the Kingdom of Saudi Arabia. With the [...]
London, June 11 (Korea Bizwire) – As work proceeds apace to deliver the previously announced spin-off of its On-Highway business, CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) has named Gerrit Marx as the designated Chief Executive Officer of the new entity, which is expected to assume independent operations in early 2022. The new On-Highway business [...]
SEOUL, South Korea, June 8 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, has announced the launch of its new brand identity system (BIS) and “We Got You” corporate slogan, pledging to enhance customer satisfaction in mobility and beyond tire manufacturing. “We Got You” evokes Nexen Tire’s corporate mission and promise to always [...]
SEOUL, South Korea, June 7 (Korea Bizwire) — Stellantis N.V. has announced that Nexen Tire, a leading global tire manufacturer, has received the “Best Supplier Award” in the Competitiveness Category of its first annual supplier awards. The awards ceremony was held virtually on June 1, 2021 (EST) due to restrictions around COVID-19. Stellantis N.V. is [...]
BERLIN, May 26 (Korea Bizwire) — Atotech (NYSE: ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, celebrated the 25th anniversary of Atotech Korea Ltd. this month. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa330bb6-4dea-42f2-8bbf-0ea262ad7664 Geoff Wild, Atotech CEO: “Today, 25 years after launching operations, Atotech Korea Ltd. is a [...]
London, May 17 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, plans to offer new notes, subject to market conditions. The notes will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary [...]
CHAMPFROMIER, France, May 7 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted consolidated turnover of €273.3m in the first quarter of 2021, virtually unchanged compared to the first quarter of 2020. However, activity remains down by -6.7% compared to the first [...]
ATLANTA, May 5 (Korea Bizwire) — On May 4, J.M. Huber Corporation (“Huber”) signed a definitive agreement with RHI Magnesita (“RHIM”) to acquire their 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). This transaction is expected to close in the second half of 2021, pending regulatory approvals. [...]
London, May 5 (Korea Bizwire) — The following is an extract from the “CNH Industrial 2021 first quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports record first quarter. Consolidated revenues of $7.5 billion (up [...]