News from May 2023
Brown-Forman Corp. expands distillery in Mexico, advancing ‘existing waste-to-energy efforts with a new water recycling and treatment plant’
By Globe Banner Report | May 31, 2023
Brown-Forman Corporation recently confirmed plans to invest $200 million in its Casa Herradura tequila distillery in Jalisco, Mexico. Construction is scheduled to begin in July.
Atar Capital acquires Swedish-based ProPrintPerformance ‘to further grow the company’s footprint'
By Globe Banner Report | May 31, 2023
Atar Capital’s portfolio company, Keypoint Intelligence, has acquired ProPrintPerformance, which is based in Stockholm, Sweden.
Expensify CEO says company will include 'global reimbursements for free' amid expansion effort
By Globe Banner Report | May 30, 2023
Expensify, based in Portland, Oregon, has expanded its global employee reimbursements functionality to grant affiliated businesses the ability to manage their expenses, and reimburse their employees on a global scale.
Rothschild: State Street, Bladex relationship furthers 'goal of supporting leading institutional clients in Latin America'
By Globe Banner Report | May 29, 2023
State Street Corporation, based in Boston, was recently selected to provide custody services to Panama-based multinational bank, Bladex.
Helbiz Launches Taxi Service across Italy to ‘establish a new revenue stream for our company’
By Globe Banner Report | May 29, 2023
Micromobility.com Inc recently initiated a strategic partnership with Italian taxi operator, WeTaxi to allow users to book their taxi services directly through the Helbiz app.
C.H. Robinson lays off 300 additional employees: 'They are necessary for the company’s long-term success'
By Globe Banner Report | May 29, 2023
C.H. Robinson shares increased by 0.38% to $101.47 this month, shortly after the company confirmed plans to lay off an additional 300 employees during its second round of layoffs in seven months.
DataArt expands global presence with new office in India to 'create a powerful offering for our clients'
By Globe Banner Report | May 28, 2023
DataArt recently opened a new research and development office in Bangalore, India, according to Businesswire.
Blue Cloud Management managing partner on new Berlin office: 'We are proud of our readiness to roll up our sleeves and add value'
By Globe Banner Report | May 27, 2023
Blue Cloud Management LLC, based in New York City, has established its newest European office in Berlin, Germany, according to a press release.
Coca-Cola secures fresh fruit licensing deal with Minute Maid and Simply ‘to serving the consumer with superior products at every part of their day’
By Globe Banner Report | May 26, 2023
Coca-Cola has entered the fresh fruit market through its licensing deal with Minute Maid and Simply. The brands’ logos will help Coca-Cola implement produce distributed by Frutura’s Dayka & Hackett to its slate of products. The financial terms of the deal were not disclosed.
Loud and Live appoints new Chief Business Officer to promote ‘growth plans and vision of the company’
By Globe Banner Report | May 25, 2023
Miami-based entertainment company, Loud And Live recently welcomed Steve Ziff as its new Chief Business Officer.
Henry Schein Acquires an Australia/ New Zealand Region Medical Distributor to ‘provide new solutions and technologies for the ultimate benefit of patients’
By Globe Banner Report | May 24, 2023
Henry Schein, Inc. has acquired Regional Health Care Group Pty Ltd, a medical products distribution company who serves public- and private-sector customers in Australia and New Zealand.
Report: Cryptocurrency can 'effectively mitigate financial crime and sanctions risks'
By Sam Jackson | May 23, 2023
Blockchain analytics company Elliptic has released a report examining the role of cryptocurrency in the Russia-Ukraine war.
Netflix carries out $2.5 billion investment in Korean content to promote ‘global viewing’
By Globe Banner Report | May 23, 2023
Netflix confirmed plans to allocate $2.5 billion toward Korean content to showcase the potential of Asian productions to global viewers.
World Courier enhances live monitoring capabilities ‘ to experience tremendous growth’
By Globe Banner Report | May 22, 2023
AmerisourceBergen’s World Courier confirmed plans to implement a real-time location monitoring (RTLM) solution to all its multi-use packages.
Starr Insurance president on expansion: 'Malaysia is one of the fastest-growing economies in the region'
By Globe Banner Report | May 20, 2023
Starr Insurance Companies, based in New York City, has expanded its presence in Malaysia with the establishment of Labuan Branch (“Starr Labuan” of Starr International Insurance (Singapore) Pte. Ltd., according to a press release. The non-life insurance company will abide by the laws of Singapore.
Mission of Hope seeks to navigate dangerous circumnstances in Haiti
By T.H. Lawrence | May 19, 2023
Mission of Hope started as a modest enterprise on an unproductive plot of land in Haiti, but it has since evolved into a multinational organization that collaborates with indigenous churches to spread the gospel and improve the lives of people in their neighborhoods.
Sasol Chemicals VP on new center in Germany: 'Our new lab provides a state-of-the-art environment to pursue the cooperation we share'
By Globe Banner Report | May 19, 2023
Sasol Ltd.'s business unit, Sasol Chemicals, has established a new research, development and analytics (RD&A) laboratory in Brunsbüttel, Germany, according to a press release.
Sprinklr VP on new India office: 'We’re thrilled to expand our commitment in the region'
By Globe Banner Report | May 18, 2023
Sprinklr, based in New York City, has opened a new office in Gurgaon, India, according to a press release.
Schuller: NGOs 'were envisioned as back-up for the government of Haiti'
By T.H. Lawrence | May 17, 2023
Non-government organizations (NGOs) have been, at best, a mixed blessing for Haiti, according to a professor who has dedicated two decades of his life and career to understanding the troubled Caribbean island nation.
Praecipio CEO on new acquisition: 'We want to amplify what [Avant does] so well and expand on it'
By Globe Banner Report | May 17, 2023
Praecipio, based in Austin, Texas, confirmed plans to acquire Canadian-based Atlassian Platinum Solution Partner, Avant Systems Group, according to a press release. The terms of the acquisition were not disclosed.