Tag: Africa

Nikkiso Clean Energy & Industrial Gases Group Completes the Acquisition of Cryotec Anlagenbau GmbH, Wurzen, Germany

Cryotec Anlagenbau GmbH Wurzen Germany

Cryotec Anlagenbau GmbH Wurzen Germany

TEMECULA, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), and operating under Cryogenic Industries, Inc. (USA), completed the acquisition of Cryotec Anlagenbau GmbH (Cryotec), located in Wurzen, Saxony, Germany for an undisclosed amount.

A global plant engineering and construction company, Cryotec provides planning, project management, manufacturing, and engineering services of skid-mounted/containerized air separation and liquefaction plants, and CO2 technologies offering tailored solutions to their customers.

Cryotec will operate as part of the Group’s GmbH facility, based in Neuenburg am Rhine, Germany.

The Group consists of six functional business units: Cryogenic Pumps, Heat Exchanger Systems, Process Systems, Fueling & Solutions, Energy Infrastructure & Strategic Projects, and Service. Cryotec will be acting as the Nikkiso Clean Energy and Industrial Gases Group competence and production center in Europe.

“Nikkiso will promote and sell globally the intelligent packaged solutions from Cryotec that reduce and recover carbon dioxide emissions, and further support the sustainability goals of the Group. Cryotec will have full access to the innovative technologies developed in California and elsewhere in the Nikkiso Group and offer localized packages, solutions, and stations for LH2 (Liquid Hydrogen) LNG (Liquefied Natural Gas), ammonia, and cryogenic energy storage applications within Germany and Europe. We will support the growth of Cryotec, by adding resources and increasing our manufacturing and assembly activities in Saxony and supplying Cryotec solutions to Germany and the global market”, according to Peter Wagner, CEO of Cryogenic Industries and President of the Group.

Prime Minister of Saxony, Michael Kretschmer stated: “The acquisition of Cryotec Anlagenbau by Nikkiso strengthens the internationalization of a traditional Saxon company from Wurzen. Nikkiso has global experience in renewable energy, hydrogen, and energy storage. Renewable energies and green hydrogen play a key role in achieving the energy and climate targets in Saxony. The Free State of Saxony is already an important location for the research and application of hydrogen technologies. I am delighted that Nikkiso will contribute its expertise to Saxony in the future.”

“Nikkiso will be able to assist with this project realization as well as the supply and servicing of liquid hydrogen and LNG filling stations in the European Market”, according to Ole Jensen, Vice President, Europe. “This acquisition represents our commitment to and support the European Union targets to be climate-neutral by 2050.”

The purchase was effective February 3, 2023.

ABOUT Nikkiso Clean Energy & Industrial Gases Group
Nikkiso Clean Energy & Industrial Gases Group is part of the Industrial Division of Nikkiso co. Lt. Japan. The Group operates in the US, under Cryogenic Industries, Inc. (a member of Nikkiso Co., Ltd.). The Group member companies manufacture, and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.NikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Cryotec_Totale_119192_RGB - cropped - resized (1)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5818ee3c-2c93-4ad0-b03b-a87bda21cfce

GlobeNewswire Distribution ID 8743139

Gordon Brothers to Sell Machinery & Equipment Formerly Used by José Sánchez Peñate

Madrid, Feb. 02, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm, is offering for immediate sale by private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to the Spanish food products manufacturer and distributor José Sánchez Peñate.

José Sánchez Peñate primarily produced dairy products from two plants in Tenerife, Spain and manufactured and supplied coffee and bakery products from two plants in Gran Canaria. The complete plant and available machinery equipment are as follows:

  • Milk plant, including preparation, mixing, sterilization, cooling, packaging and palletizing systems.
  • Yoghurt plant, including raw material reception, pasteurization of milk, mixing station, pasteurization of yoghurt, addition of starter, fermentation, packaging, palletizing, cooling and storage.
  • Coffee plant, including raw materials reception, recipe preparation, roasting, milling, packing of coffee beans for restaurants or ground coffee, packaging, palletizing and storage.
  • Bakery plant, including raw materials reception, kneading machines, forming machines, cutting and boarding, fermentation area, baking and cooling, packaging and palletizing.

“This unprecedented food manufacturing plant sale is already generating global interest and is an amazing opportunity to acquire machinery and equipment worth millions of euros,” said Duncan Ainscough, Managing Director, Commercial & Industrial at Gordon Brothers. “With over €95 billion of assets appraised and disposed in the food and beverage industry, we are a trusted partner with a deep understanding of this sector and a strong history in maximizing asset value for companies in Spain and throughout Europe.”

The machinery and equipment is installed and inspections are available by appointment only. To view the full list of available assets, visit Gordon Brothers’ website: www.gordonbrothers.com/JSP.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

GlobeNewswire Distribution ID 8741910

ThreatLocker® Unveils the Future of Zero Trust with New Products

Global Cybersecurity leader unifies critical components of their stack with new Ops and other features.

Orlando, FL, Feb. 02, 2023 (GLOBE NEWSWIRE) — ThreatLocker®, a pioneer in endpoint protection technologies, has today announced at Zero Trust World the launch of ThreatLocker Ops, a community-driven threat detection tool. This new product assists administrators to detect attempted breaches or weaknesses in their systems.

“Zero Trust is the required foundation of security for all organizations,” said Danny Jenkins, CEO & Co-Founder of ThreatLocker. “By combining controls with Ops, organizations are not only able to benefit from knowledge ThreatLocker has received of attempted attacks but from similar businesses  defending their system from these attacks.”

Ops is a policy-driven system that uses data received from the ThreatLocker agent to determine good or bad behavior. This data can be used to alert I.T. administrators of attempted attacks or to trigger actions to further harden an environment using other components of the platform. The Ops platform also integrates into ThreatLocker’s new community, which allows like-kind businesses to public policies that are relevant to their business, which allows for information sharing and a more extensive set of alerts.

“I love when you can take the collective intelligence of an entire group and share it across a community,” said Brent Yax, CEO of Awecomm. “ ThreatLocker Ops creates an environment that will encourage IT professionals to share knowledge and expertise from a threat mitigation standpoint and will act as an extra tool set for risk mitigation and risk response.”

Ops limits reliance on other IT resources with more security controls, less agent fatigue, and no overhead on personal computers (PCs).

ThreatLocker also announces the integration of Third Wall plug-in in its zero trust platform. This announcement follows the acquisition of Third Wall last November.

The powerful configurations manager for Windows consists of 58 lockdown policies and emergency actions to broaden the scope of ransomware prevention and ensure users are HIPAA, PCI, NIST, and GDPR compliant.

“Our security stack includes Third Wall to help us ensure that we have a good baseline policy to secure & prevent malicious activity on our systems, and ThreatLocker to ensure that only authorized third-party applications can run,”  said Harry Boyne, Co-Founder & Technical Director at Chalkline. “We are excited to see the two products working together which will further help improve our clients’ security posture and increase efficiencies.”

“The future of Zero Trust is simple; more controls, more automation, more alerts and the help and support of the community,” Danny Jenkins, CEO and Co-Founder of ThreatLocker.  

ThreatLocker’s new additions satisfy many government regulations on implementing Zero Trust strategies to prevent modern-day attacks.

ThreatLocker will rollout out its new products to new and existing partners. It currently protects over one million endpoints globally.

Join the ThreatLocker® Community  

ThreatLocker’s Ops is available in early access and will go into general availability over the coming months.

About ThreatLocker® 

ThreatLocker® is a leader in endpoint security technologies, providing enterprise-level cybersecurity tools to improve the security of servers and endpoints. ThreatLocker’s combined Application Allowlisting, Ringfencing™, Storage Control, Elevation Control, and Endpoint Network Access Control (NAC) solutions are leading the cybersecurity market toward a more secure approach of blocking the exploits of unknown application vulnerabilities. To learn more about ThreatLocker® visit: www.threatlocker.com

Attachment

Gabrielle Rose-Green
ThreatLocker Inc.
gabrielle.rose-green@threatlocker.com

GlobeNewswire Distribution ID 8741904

Coda Payments Appoints Shane Happach as Chief Executive Officer

Payment solution veteran to steer Coda through key growth stage

Singapore, Feb. 02, 2023 (GLOBE NEWSWIRE) — Today, Coda Payments (“Coda”), the leading provider of cross-border payments and distribution solutions to publishers of digital content, announced the appointment of Shane Happach as Chief Executive Officer.

An industry leader in payments and financial technology, Happach brings over 15 years of payments experience to Coda. Happach spent a decade driving more than 500% growth at Worldpay, one of the world’s largest payment service providers, leading the commercial function of its online payments division from 2011 until 2016 and serving as its Executive Vice President from 2016 to 2021. He most recently acted as CEO of Mollie, a next-generation payments and financial services player for small and medium-sized enterprises.

Happach will be responsible for growing Coda’s ecosystem of users, content publishers, and channel partners while expanding its consumer and B2B product offerings.

“Coda has unlocked billions of dollars of value for its clients and enriches the lives of tens of millions of users every month with a highly differentiated suite of offerings. I look forward to building on this foundation, leading the Coda team at this exciting moment in the company’s growth,” said Happach.

Neil Davidson, Coda’s founder and executive chairman, said, “Shane is a seasoned payments executive and CEO, relishes delivering impactful solutions to clients, enjoys operating on a cross-border basis, and has a track record of creating value for shareholders both private and public. I look forward to working with him in the months and years to come.”

Happach will relocate to Singapore and take up his new role in May. He takes over from Philippe Limes, who has served as CEO since 2019.

About Coda Payments

Coda Payments (“Coda”) operates Codashop, the leading independent source for games and in-game currencies. Coda also offers Codapay, which allows publishers of digital content to accept the same range of hundreds of payment methods available on Codashop on their own websites, and xShop, which allows publishers to distribute their products through a range of e-commerce and other consumer-facing platforms.

The Coda vision is to be the platform of choice for taking life’s digital experiences over the top.

Attachment

Coda Payments Press
press@codapayments.com

GlobeNewswire Distribution ID 8741412

Zoom to Release Financial Results for the Fourth Quarter and Full Fiscal Year 2023

SAN JOSE, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the fourth quarter and full fiscal year 2023 on Monday, February 27, 2023, after the market closes.

A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Public Relations
Colleen Rodriguez
Head of Global PR for Zoom
press@zoom.us

Investor Relations
Tom McCallum
Head of Investor Relations for Zoom
408.675.6738
investors@zoom.us

GlobeNewswire Distribution ID 8741067

FOLK HERO™ expands globally with push into Europe and the Middle East

New York, NY, Feb. 01, 2023 (GLOBE NEWSWIRE) — FOLK HERO™, [INVNT GROUP]’s brand strategy firm, is expanding its global operations into Europe and the Middle East, growing its storytelling reach across the region.

FOLK HERO is a modern brand studio, brand consulting agency, and leading expert in global brand storytelling. The firm has led award-winning brand strategy campaigns for Loro Piana, Intimissimi, Sales Force, Tezenis, Walmart Media Group, Nurosene and more.

Ben Mainwaring has been appointed Chief Strategy Officer of FOLK HERO.

“As we continue to build on the strength of our global strategic offering, Ben brings great expertise in technology, purpose and innovation, that will help Folk Hero continue to successfully take brands into the future,” said Rob Klingensmith, CEO of FOLK HERO.

Mainwaring brings over 20 years of brand marketing strategy, new product development, and commercial strategy experience, specializing in automotive, emerging technology and systems innovation.

Mainwaring will be based in INVNT GROUP’s EMEA headquarters in London, supporting client work across the region.

“We’re thrilled to have this powerhouse resource on the ground in the EMEA region enhancing our capabilities for clients. Helping brands and organisations ensure that they are telling the best version of their brand story, and reaching the most relevant audiences is crucial,” said Claudia Stephenson, Managing Director of INVNT GROUP EMEA. 

Ben Mainwaring joins FOLK HERO after 8 years as Founder at Matter, delivering strategy and innovation to private sector and governments clients across the US, Middle East, and Africa.

“I have known INVNT GROUP’s leadership for over a decade and have been so impressed by how the business has grown, adapted, and innovated over the years. I am joining FOLK HERO at a pivotal time in the evolution of the GROUP – advancing the agency’s brand strategy and storytelling power. I can’t wait to make my own contribution to the agency’s challenger mantra and broaden our offering to new markets and world-class clients,” said Ben Mainwaring, Chief Strategy Officer of FOLK HERO.

ABOUT FOLK HERO

Folk Hero, established by award-winning brand strategist Rob Klingensmith and part of [INVNT GROUP] The Global BrandStory Project™ specializes in bringing story strategies to the executive level, creating master brand narratives that act as brands’ operating and organizing principles. The firm helps its clients develop unusually compelling brand narratives, architecture, identity and tone-of-voice, all underpinned by a robust research methodology and deep understanding of contemporary consumer behaviors. For more information visit: www.folkhero.com

 

ABOUT [INVNT GROUP]

[INVNT GROUP]™ THE GLOBAL BRANDSTORY PROJECT was established as an evolution of the founding global live brand storytelling agency INVNT in 2008, with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Detroit, and Washington D.C.; headed by President and CEO, Scott Cullather, [INVNT GROUP] represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit: www.invntgroup.com

Jhonathan Mendez de Leon
INVNT GROUP
jmendezdeleon@invnt.com

GlobeNewswire Distribution ID 8740864

Nikkiso Clean Energy & Industrial Gases Group Announces Expansion of Service for Middle East and Northern Africa

Nikkiso CE&IG new Service Facility for Middle East and Northern Africa

Nikkiso CE&IG new Service Facility for Middle East and Northern Africa, based in Sharjah Free Zone

TEMECULA, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce yet another expansion of their manufacturing and service capabilities for the Middle East and Northern Africa markets. With this expansion, they will be providing pump and turboexpander aftermarket repairs of their full line, including J.C. Carter pumps. Their new state-of-the-art service center will allow repairs to be made locally rather than the need to ship elsewhere.

The new facility, based in the Sharjah Free Zone, was established to provide expanded support for the Middle East and Northern Africa markets. They have added field service support, and shop technicians specifically trained to support Marine, J.C. Carter, Nikkiso Cryogenic Pumps (ACD and Nikkiso Cryo) and Turboexpanders. In addition to in-shop and on-site repairs, they will provide aftermarket service.

“With this facility, we will be able to respond more quickly to our customer’s needs, providing individual support and solutions expansion. Nikkiso CE&IG will now be able to provide greater service and support to our customers with our local presence,” according to Jim Estes, President of Nikkiso Cryogenic Services.

This expansion represents their commitment to and support of the growth of the Middle Eastern and North African market.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.) and process plants for Industrial Gases, and Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a782646f-6550-4069-9f74-4f531a3eae7d

GlobeNewswire Distribution ID 8739306