December 10, 2023 10:29 am
Brown & Brown Inc said on Friday that it had agreed to acquire Automotive Business Solutions (ABS). ABS is a leading administrator of warranty products in the automotive aftermarket, as it provides nationwide parts and labor repair warranties, national road hazard programs and component-specific warranties. The ABS team will still be headed by Chief Executive […]
Read moreDecember 9, 2023 10:20 am
Acreage Holdings Inc said on Friday that Philip Himmelstein, who currently serves as Vice President of Financial Planning and Analysis, would assume the role of Interim Chief Financial Officer, effective December 31st. Carl Nesbitt has decided to step down from the role of Chief Financial Officer in pursuit of new opportunities, the company said. Nesbitt […]
Read moreDecember 8, 2023 7:26 am
Bitdeer Technologies Group said on Thursday that it had mined 403 Bitcoins in November. That figure represented a 12.8% decrease compared to October, mostly because of a temporary curtailment of power and the mining machines downclocking at the company’s mining facilities in Norway. On the other hand, November’s result represented an 81.5% surge compared to […]
Read moreDecember 7, 2023 10:52 am
ASSA ABLOY said on Thursday that it had acquired Ghost Controls, a US-based supplier of automated residential gate openers. Established in 2015, Ghost Controls currently employs about 40 people. The US company’s revenue for the full year 2022 stood at around $30 million (nearly SEK 300 million) with a strong EBIT margin. The acquisition will […]
Read moreDecember 7, 2023 8:26 am
Knightscope Inc, a developer of autonomous security robots and blue light emergency communication systems, said on Wednesday that it had appointed Apoorv S Dwivedi as its next Executive Vice President and Chief Financial Officer, effective January 2024. Meanwhile, Mallorie Burak, President and CFO, is to step down from those roles in early January in pursuit […]
Read moreDecember 6, 2023 12:27 pm
MYND Life Sciences Inc, a bio-pharmaceutical research and development company, announced on Tuesday that it had appointed John Campbell as President and Chief Executive Officer with immediate effect. Campbell has a vast experience in new business development, mergers, acquisitions and corporate turnarounds. Previously, Campbell was the President and Co-Founder of Odyssey Trust Company. He holds […]
Read moreDecember 5, 2023 12:24 pm
ASSA ABLOY said on Tuesday that it had acquired Leone Fence, an Ontario, Canada-based manufacturer, distributor and installer of fencing products for commercial and residential applications. Established in 1975, Leone Fence currently employs about 60 people. The Canadian company’s revenue for the full year 2022 stood at around CAD 39 million (nearly SEK 300 million) […]
Read moreDecember 4, 2023 9:55 am
Arms manufacturer Rheinmetall AG intends to construct its first armored vehicles in Ukraine next year, the German company’s Chief Executive Officer Armin Papperger told the WirtschaftsWoche magazine. According to the CEO, a deal with Ukraine on the production of Fuchs armored transport vehicles and Lynx infantry fighting vehicles may be inked by early 2024. “After […]
Read moreDecember 3, 2023 2:57 pm
Provident Financial Holdings Inc, the holding company of Provident Savings Bank F.S.B., said on Friday that it had appointed Tam Nguyen as its next Senior Vice President, Chief Financial Officer and Corporate Secretary, effective January 2nd 2024. Nguyen is to succeed Donavon Ternes, who will assume the roles of President and Chief Executive Officer on […]
Read moreDecember 2, 2023 2:38 pm
Presto Automation, an enterprise-grade AI and automation solutions provider, said on Friday that it had appointed Kat Hoffman-Flynt as Chief Operating Officer with immediate effect. Hoffman-Flynt has more than 20 years of experience as an operational strategist. Hoffman-Flynt became part of Presto’s team in 2019, assuming the role of Senior Director of Strategic Projects. Before […]
Read more