Business Wire

MYT Netherlands Parent B.V. (NYSE:MYTE) (the "Company") announces a new senior leadership team for the combined group effective upon closing of the acquisition of YOOX NET-A-PORTER. The new leadership team has been nominated to drive and create the leading, luxury multi-brand digital group for true luxury enthusiasts around the globe. The new group will encompass some of the most iconic and loved store brands in the world: NET-A-PORTER, MR PORTER, YOOX, THE OUTNET and Mytheresa. To further strengthen the unique and differentiated identities of each store brand separate, dedicated management teams are put in charge to deliver the best curated brand offerings, to create highly engaging inspiration and develop lasting customer relationships. At the group level functions will be consolidated into a shared group-level infrastructure that will deliver best-in-class and efficient services for the multi-brand luxury business across technology, operations, customer data analytics and corporate

Today, Mytheresa (NYSE:MYTE) received the unconditional merger control clearance from the European Commission for the acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A.. Mytheresa and Richemont have now received all other necessary approvals from regulatory authorities and plan to close the transaction on 23 April 2025. On 7 October 2024, Mytheresa and Richemont signed binding agreements for the acquisition by Mytheresa of 100% of the share capital of YNAP from Richemont, aiming to build a leading global multi-brand digital luxury group. The receipt of all necessary regulatory approvals is the final step for the completion of the transaction. Under the umbrella of “LuxExperience B.V.”, which the combined company will be named following the acquisition, the brands Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET will offer highly curated and strongly differentiated selections of the most prestigious brands for luxury customers wit

Barilla and Formula 1(r) announce a new partnership: a multi-year collaboration that brings together two brands rooted in passion, tradition, and the joy of shared experiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250411612001/en/ From left to right: Stefano Domenicali - Formula 1 CEO, Ilaria Lodigiani - Barilla Chief Category & Marketing Officer, and Paolo Barilla - Vice President of Barilla Group Formula 1 is the ultimate pursuit of competition. The stakes are high, the tension tangible, and the excitement unmatched. But when the race is over, and the roar of the engines fades, something magical happens: Barilla brings everyone to the table. A Shared Legacy of Quality In Formula 1, success is a matter of precision. Every detail counts, and excellence comes from the perfect balance of power, endurance, and strategy. But above all, it requires an uncompromising commitment to quality. That same dedication defines Ba

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that Paul Negulescu, Ph.D. Senior Vice President, Vertex has been awarded the 2025 Canada Gairdner International Award “for pioneering research into the cellular and molecular mechanisms underlying the genetic disease cystic fibrosis, leading to the development of transformative drug therapies based on these mechanisms, thereby improving and saving countless lives.” Negulescu shares the award with Michael J. Welsh, M.D., University of Iowa. “For more than 20 years, Paul and the team of dedicated Vertex researchers have focused on discovering and developing breakthrough therapies for people living with cystic fibrosis (CF). Paul’s outstanding vision, leadership, determination and collaborative nature has resulted in what was once thought impossible — the discovery of the first-ever protein folding corrector medicines that treat the underlying cause of CF and have forever transformed the course of this disease,” said Davi

Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Kazuhiko Fujii) (TOKYO:4118), will engage in various projects using KANEKA Biodegradable Polymer Green Planet™ (hereinafter, Green Planet) as a supporting and sponsoring company of the Japan Pavilion at Expo 2025 Osaka, Kansai (hereinafter, the Japan Pavilion). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410895147/en/ Green Planet clear folder will be given to 1200 visitors each day at the Japan Pavilion “Farm Area” from April 13 to mid-June. [Photo by Ministry of Economy, Trade and Industry] The Japan Pavilion will express the concept of circulation based on the theme “Between Lives” in three areas: the Plant Area, Farm Area and Factory Area. In the “Farm Area”, vessels made of Green Planet using CO2 in cylinders as a raw material will be displayed(*1), and in the “Plant Area”, an image of the Green Planet-made vessels being biodegraded by microorganisms i

ContourGlobal's CEO, Antonio Cammisecra, and the Undersecretary of Energy, Luis Felipe Ramos, accompanied by the President of the National Electrical Coordinator, Juan Carlos Olmedo, along with local authorities and representatives from the electricity sector, celebrated this week the commissioning of the Quillagua plant, located in Maria Elena municipality, in the Antofagasta region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410189342/en/ Aerial View of ContourGlobal's Quillagua PV + BESS plant, the largest of its kind in Latin America Quillagua is a 221 MWp photovoltaic solar plant with a 1.2 GWh battery storage system, capable of delivering 200 MW for 6.2 hours after sunset, making it the largest solar plant coupled with battery storage system in Latin America. This milestone marks the final stage before commencing commercial operation in the coming weeks and starting to fulfill its long-term clean power purchase

Baxter International Inc. (NYSE:BAX), a global leader in advancing surgical innovation, today announced the introduction of Hemopatch Sealing Hemostat with room temperature storage at a symposium in Austria. The evolution of the product optimizes accessibility in the operating room, delivering an immediate solution for surgeons to control bleeding or prevent leakage. The product is now available to order throughout Europe. “For over a decade, Hemopatch Sealing Hemostat has offered surgeons a reliable solution for tissue sealing, dura sealing, and hemostasis,” said Steve Wallace, president, Advanced Surgery at Baxter. “The product evolution to include room temperature storage is a result of close collaboration between surgeons and Baxter. Removing the need for refrigeration addresses the needs of our customers to have the product on hand in critical situations. We are proud to continue Baxter's legacy of innovation in sealing and hemostasis.” HemopatchSealing Hemostat is a ready-to-use

CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced the availability of CyberArk Secure Workload Access Solution,1 delivering the industry's most comprehensive protection for all non-human identities that matter. The solution will enable security teams to gain visibility and control over the entire machine identity lifecycle, from creation and governance to automated rotation and renewal. Machine identities proliferate in cloud-native architectures, including applications, workloads, and automated processes. Unlike solutions focusing on singular machine identity types, CyberArk's layered approach will enable organizations to enforce least privilege, mitigate risk, and prevent credential-based attacks for all workloads across hybrid and multi-cloud environments. In addition, CyberArk has extended its discovery and context capabilities, designed to help security teams take the first steps to modernize workload authentication by assessing, understanding and el

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, has been named a multiple honoree of the 19th annual Stevie Awards for Sales & Customer Service, and the 2025 Business Intelligence Group AI Excellence Awards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410357672/en/ Rimini Street Honored with Multiple Awards in Recognition of its Customer Service, Strategy and AI Innovation Winner of Silver Stevie for Front-Line Customer Service Team of the Year and Bronze Stevie for Best Customer Satisfaction Strategy The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals. A standout amongst more than 2,100 nominations from organizations of all sizes and virtually every industry, Ri

CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced the CyberArk Secure AI Agents Solution, which will allow organizations to implement identity-first security for agentic AI using the CyberArk Identity Security Platform. The solution will help organizations mitigate new and unique identity-centric risks as AI agents autonomously communicate with other agents, access sensitive information, escalate privileges, interact with critical infrastructure, and modify their behaviors to accomplish complex tasks. According to Gartner®, "By 2028, 25% of enterprise breaches will be traced back to AI agent abuse, from both external and malicious internal actors."1 This new, growing attack surface is tied to the emergence of a new, complex class of digital identities: AI agents that act like humans in their autonomy, but like machines in their ability to scale exponentially. Managing and securing the privileged access, lifecycles, and orchestration of agents goes beyond

To further strengthen its ability to serve customers with leading innovations, IFF (NYSE: IFF) announced it will combine the majority of its business operations in Mexico at a new site in Mexico City within the Tecnoparque business complex. The move will begin immediately with its Global Business Services Center—which supports the company’s full business capabilities serving Mexican and Latin American markets—and is expected to finalize by 2026. IFF’s new facilities will house up to 650 employees across its Health & Biosciences, Scent, Taste and Food Ingredients businesses, making it one of IFF’s largest office locations. “Mexico’s rich cultural heritage, traditions and captivating sensorial experiences make it a strategic market in our global growth strategy,” said Erik Fyrwald, IFF CEO. “By moving to this new site, IFF is better positioned to win with customers by leveraging the collective power of science and creativity across our businesses in one physical location.” IFF's new faci

EUROPEAN DYNAMICS (“ED” or “the Company”), a global, market leading provider of eGovernment software and digital transformation services to Governments and International Institutions, announced today a minority investment led by CAPZA (investing through its flagship Flex Equity Mid-Market 2 fund) and joined by Abry Partners (“Abry”, investing through its Senior Equity Fund, ASE VI, LP) (together “the Investors”). The Investors will support ED’s growth strategy together with its founder and Chief Executive Officer, Constantinos Velentzas, who retains a significant majority of the Company’s share capital. This investment marks the Company’s first partnership with financial investors since its inception. CAPZA1, who will be the lead investor in the transaction, is an established private investment platform across private debt and private equity in Europe with more than €9.1 billion of assets under management (AuM)2. CAPZA is part of AXA Investment Managers Alts (“AXA IM Alts”), a global l

Posiflex Technology, Inc., a global leader in Point of Sale (POS) systems and Online to Offline (O2O) solutions, is pleased to announce its latest GT-7100 Series POS Terminal – a perfect synthesis of cutting-edge design and robust performance. Embodying the concept of "Just Screen, No Distractions" by integrating an ultra-narrow 4mm bezel* alongside a brilliant 400-nits on-cell touch display and state-of-the-art processing power. The GT-7100 Series provides unparalleled versatility and an enhanced user experience tailored to meet the evolving needs of modern businesses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409495483/en/ The GT-7100 Series POS terminal combines a sleek design with powerful performance. Its ultra-slim, fan-free design features a vibrant multi-touch display with a 4mm ultra-narrow bezel, maximizing screen space in a compact frame. Sleek Design with Unrivaled Visual Clarity The GT-7100 Series sets a

Sharjah, a leading hub for innovation and excellence in the United Arab Emirates, is making a significant contribution to global food security and sustainability by producing an innovative wheat variety with an unprecedented protein content of 19.3%—the highest recorded worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250404373415/en/ Mleiha Wheat Farm in Sharjah With growing interest from global food companies, Sharjah is looking into exporting its high-protein wheat to position itself as a key contributor in the international market. Several international certifications, including the HSP food quality certificate and the “Made in Emirates” label have recognized the emirate’s high food standards. The project also won the Best Innovation Award for Sustainability in the UAE, highlighting its impact on environmental protection and agricultural advancement. Her Excellency Dr. Amna Al Dahak, UAE Minister of Climate Chan

Avanzanite Bioscience B.V. proudly announces the appointment of Sotiris Botozis as General Manager Southern Europe. As the fourth executive leadership hire of 2025, this move further strengthens Avanzanite’s “Champions League”, highlighting the Company’s commitment to assembling a world-class team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409727258/en/ Sotiris Botozis, General Manager Southern Europe For the past three years, Sotiris has made Greece Avanzanite’s second-largest market. In his new full-time role as General Manager of Southern Europe, he will supervise operations in several markets, including Greece, Portugal, Austria, Switzerland, Lichtenstein, Bulgaria, Croatia, Slovenia, Cyprus, and Malta. He will also lead the Company’s strategic entry into Spain. “Sotiris has been a driving force behind our success in Greece, and this promotion reflects both his outstanding leadership and Avanzanite’s broader expa

Syncron, a global leader in cloud-based after-sales service solutions, today announced the appointment of Josh Weiss as Chief Executive Officer. Weiss succeeds Fritz Neumeyer, who will transition from his role following a successful tenure marked by significant growth and product innovation. Josh Weiss brings nearly 20 years of executive leadership experience in growing and managing global technology and manufacturing enterprises. Most recently, Weiss served as President of Hexagon's Manufacturing Intelligence division, managing a €2 billion business with comprehensive profit and loss responsibility. During his tenure at Hexagon, Weiss successfully developed and integrated advanced technologies, drove transformative performance improvements, and scaled complex global operations. “We are thrilled to welcome Josh Weiss to Syncron and look forward to working with him as the company continues to pursue its ambitious goals,” said Léo Apotheker, Chairman of Syncron’s Board. “Josh's extensive

Chelsea Football Club is excited to announce an innovative global partnership with FPT Corporation (FPT), Vietnam’s most successful technology solutions provider, who specialise in supporting the digital transformation journeys of several of the world's largest organisations with AI-enabled services and solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409141532/en/ Founded in 1988, FPT has driven Vietnam’s technology surge over the last three decades. The market-leader will bring its future-ready technology and industry-leading workforce to advance Chelsea FC’s digital capabilities with aligned values of teamwork, ambition and hard work, enabling the club to transform and accelerate performance and deliver richer experiences for the club’s fans at home and abroad. With FPT’s expertise in digital technology, software development, product engineering and IT service management, Chelsea FC will closely collaborate wi

Mondelēz International (Nasdaq: MDLZ) has today announced a significant investment of ~ 65 million swiss francs in its Toblerone manufacturing facility in Switzerland. With this investment, the company is creating a global centre of excellence for Toblerone in Bern (Switzerland)from where the brand and chocolate expertise is exported all over the world. The investment is a clear commitment to the location where this traditional brand was founded back in 1908 and where around 90 percent of Toblerone products sold worldwide are manufactured today. The investment in Bern underlines Toblerone's growth ambitions in the chocolate premium segment, building on its global awareness, uniqueness and leading position in world travel retail. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409162507/en/ Toberlone Factory - Bern, Switzerland - Marco Blessano A state-of-the-art production line scheduled to go into operation in autumn 2025

A multimedia asset accompanying this release has been removed. The release reads: SVANTE RECOGNIZED AS ONE OF THE WORLD'S TOP GREENTECH COMPANIES BY TIME AND STATISTA Leading carbon capture and removal technology provider, Svante, named on TIME and Statista’s list of the World's Top GreenTech Companies of 2025 Svante is one of only five Canadian companies who made the list The analysis by TIME, in partnership with data firm Statista, considered the positive impact, financial strength, and innovation of more than 8,000 companies developing products, services, or technologies to reverse the impact of human activities on the planet. Svante Technologies Inc. (Svante), a pioneer in carbon capture and removal structured adsorbent filter technology, has been named one of the "World's Top GreenTech Companies of 2025" by TIME and Statista. This prestigious accolade recognizes Svante's transformative impact on industrial sustainability efforts and its position at the forefront of the green techn

Ateliere Creative Technologies through its subsidiary Ateliere Creative Technologies CM, AB, has engaged with certain principal shareholders of Codemill AB (publ) (“Codemill”) to negotiate the terms of a potential extension to the deadline for fulfilling the tender offer in connection with the Company's proposed acquisition of Codemill. This delay comes as a direct response to the economic volatility and trade instability currently affecting global markets that is beyond the control of the Company. The Company cited significant challenges stemming from ongoing trade disputes, including increased tariffs, regulatory disruptions, and currency volatility, which have made cross-border transactions and integrations more complex in recent weeks. Recent analyses highlight that small and mid-sized companies are bearing the brunt of these macroeconomic challenges, leading many to delay or reassess international deals. “The current trade climate has introduced unforeseen complexities into the ac