by stefanie | Sep 5, 2025 | Around the Industry
Essendant’s withdrawal shocks dealer base, thousands of jobs and sites lost. Essendant, the US office products wholesaler owned by Sycamore Partners, is exiting the independent dealer channel in a move that has triggered sweeping redundancies and site closures. OPI...
by stefanie | Aug 12, 2025 | City News
German manufacturer exits joint venture, gains full control of two key subsidiaries. Turbon AG has sold its 50.004% stake in Turbon Electronic Technologies GmbH, Möser, to its co-shareholder, in exchange for complete ownership of RoPro Produktions GmbH in...
by stefanie | Jun 24, 2025 | World Focus
Planet Ark returns to operations after creditors back restructuring plan through voluntary administration. Planet Ark Environmental Foundation has announced its return to full operations after creditors unanimously approved a plan to restructure the organisation and...
by stefanie | Mar 27, 2025 | Around the Industry
Toshiba Tec Corporation (The Company) announced that at the Board of Directors meeting held on 26 March 2025, a resolution was passed to start a structural reforms’ project aimed at achieving sustainable growth of the overseas Retail Solutions business. The Company...
by stefanie | Feb 14, 2025 | City News
Yen weakness and office services growth bolster revenue as printing division struggles. Ricoh reported a decline in profit despite an 8.1% rise in revenue to ¥1.83 trillion ($12.2 billion/ €11.3 billion) for the nine months to the end of December 2024, as...
