Messe Düsseldorf has reached the halfway point in one of the most ambitious construction projects in its history. Today is the day when the large construction site on the River Rhine witnessed the topping-out ceremony for the new Hall 1. Comprising the new Hall 1 and the state-of-the-art South Entrance, this stunning complex will strengthen Messe Düsseldorf as an international meeting point for industry and also as an economic factor for Düsseldorf as the capital of North Rhine Westphalia.
Meredith Corporation (NYSE:MDP) – the leading media and marketing company reaching 175 million American consumers each month – including 80 percent of U.S. millennial women – announced today it has entered into a definitive agreement to sell the TIME media brand to Marc and Lynne Benioff for $190 million in cash. The transaction is subject to customary closing conditions and regulatory approval and is expected to close within 30 days.
Plockmatic Group, one of the world’s leading developers and manufacturers of document finishing technology, has acquired Watkiss Automation Ltd. based in the UK. The acquisition extends the Plockmatic booklet making range into the high-end market segment where digital prints are created using both toner and advanced high-speed inkjet technology. Watkiss machines are sold by the world’s leading printing systems manufacturers under the PowerSquareTM brand. The newly acquired company also sells offline booklet making systems through a worldwide network of dealers, plus a range of selected finishing products through a direct sales team in the UK.
All regulatory approvals received for SABIC’s 24.99% stake in Clariant
Unconditional closing of purchase to take place in the next days
After closing, SABIC becomes Clariant’s largest strategic anchor shareholder
Essendant Terminates Previously Announced Agreement with Genuine Parts Company
With the acquisition of Canadian Ultra Inks Inc. (Encres Ultra Inc.), Siegwerk further expands its Canadian business while strengthening its local service, infrastructure and portfolio for label and packaging printers.
Leading 3D printer manufacturer Ultimaker has opened new offices in Singapore in order to meet the growing demand for Ultimaker 3D printers in the Asia-Pacific region. Benjamin Tan, former Channel Director at Dassault Systèmes, has been appointed as Vice President Asia Pacific at Ultimaker in Singapore.