From Printer paper
Supermkt shames
Vulture voracity
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Aramark renames
workwear spin-off
Facilities Management
giant executes strategy
Aramark a global leader in food, FM and uniforms, has announced the name of the new company created through the expected spin-off of its uniform services business. This follows the ceo John Zillmer's plan to create an independent, publicly traded company.
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Imperial doubles up
in sunshine states
Acquisitions #70 & #71
lift group to c$6B sales
VC Advent owned Imperial Dade, confirmed acquisitions #70 & #71 in its roll-up of regional HyPak (aka hygiene, foodservice & packaging) suppliers in US-Canada. Will these latest plays in Florida and California accelerate the takeover stakes with newly VC empowered duo '#BrandVoy' Full details, analysis and comment here...
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Brady brakes
in identification
Weak workplace safety
saved by price inflation
Brady Corp the $1.3Bn in sales, Identification & workplace safety specialists, reported stronger demand in its Q4'23. CEO Russell Shaller opaquely commented without analysis of its ID solutions business; actions to improve the weaker workplace safety segment and progress with its latest acquisition.
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Midwich: mighty
advance moderates
Steady sales + 5 acqs
boost AV market share
International AV specialist distributor Midwich confirmed record results for FY2022. CEO Stephen Fenby was excited about its growing portfolio in Unified Comms (UC) and visual coms that boosted its tremendous growth beyond £1.2Bn ($1.5Bn). "The AV market is highly resistant to recession fears" he said.
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DSSmith demand
down, profits up
Packaging giant benefits
from high prices levels
DSSmith the $8Bn Europeanpackaging giant and ex-owner of Spicers (until 2011), posted strong Q4'23 profits on declining demand tin Q4'23 to 30Apr'23. CEO Miles Roberts said it was boosted by maintaining higher prices rises in ia depressed ecommerce packaging business...
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Stora restructuring
program progress
Packaging giant's plan
for customer centricity
Aimed at strengthening the Finnish packaging giant Stora Enso's long-term competitiveness and creating a decentralised and more customer centric operating model, the company had said the actions would reduce its headcount by around 1,150 in total.
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Where in the World
have people RTO?
A city’s density; cultural norms
affect hybrid work patterns.
NYTimes reporters collaborated from locations in NYC, Seoul, London, Tokyo and Berlin to interview workers and executives to discuss levels of remote work have varied across regions based on factors like housing density, length of Covid lockdowns and cultural norms surrounding how much workers can fight for workplace autonomy, We discuss....
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Vulture voracity
e.g's highlighted
High retail failures expose
murky role of pro advisers
Vulture capitalists e.g. Hilco, Aurelius, Cerebus, Better Capital and Sycamore Partners have been responsible for asset stripping leading resellers in the business supply market over the past 10 years. Recent failures in the UK involving Wilko, backed by Hilco and advised by PwC, have drawn attention to the dodgy collaborations. The Times' Oliver Shah analyses and comments...
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Will BIG cities
lose their edge?
Or will hybrid work
make them stronger?
On Friday, NY Times economics correspondent Paul Krugman spoke to a conference of the Regional Science Association in Alicante, Spain. Given family commitments, he couldn’t attend in person, so this was a Zoom presentation from home. He asked will the new cconomic geography aka 'anywhere working', change the status of superstar cities? We discuss...
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Ninestar chips up!
Print business flat
Apex underpins Lexmark &
Pantum weak volume falls
China's Ninestar Group owner of Apex chip and Lexmark & Pantum printer businesses reported flat volumes but inflation boosted revenues in H1'23. Chairman Dong Ying Wang commented on steady progress in a declining market
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