Nexans has recently announced that it has entered into exclusive negotiations to sell its industrial cable division, Lynxeo, to Latour Capital, a France-based private equity firm, for an enterprise value of €525 million. This proposed transaction aligns with Nexans’ strategy to refocus as a Pure Electrification Player by exiting the specialty industrial cables sector. Lynxeo is a leading provider of specialty industrial cables, playing a crucial role as a fully integrated supplier to a diverse range of infrastructure industries, including transportation, energy, and automation. With over a century of experience serving industrial leaders, Lynxeo has a strong global manufacturing footprint…
Author: WNA TEAM
Elopak has strengthened its R&D capabilities by investing in Blue Ocean Closures AB (BOC), a Swedish technology company specializing in fiber-based closures for packaging. This investment aligns with Elopak’s revized strategy, “Repackaging Tomorrow,” launched in September 2024. By bringing together two innovative R&D environments, the partnership aims to develop next-generation caps and closures. This collaboration not only enhances Elopak’s innovation capabilities but also reinforces its commitment to sustainability leadership. Blue Ocean Closures will continue introducing its first applications to market alongside existing brand partners, now with Elopak’s strong backing to accelerate early-stage developments. As part of the agreement, Elopak has…
Smart manufacturing represents a transformative shift in industrial production, leveraging advanced technologies to optimize processes, enhance efficiency, and reduce costs. As industries worldwide embrace digital transformation, smart manufacturing has emerged as a crucial strategy for maintaining competitiveness in an increasingly dynamic market. Embarking on the journey of smart manufacturing requires a structured approach. These key steps can help you get started:Assess Current Capabilities – Conduct a thorough evaluation of existing processes, technologies, and workforce capabilities. Define Clear Objectives – Identify specific goals such as improving efficiency, reducing downtime, or enhancing product quality. Invest in Key Technologies – Implement essential smart…
Yoga, an ancient practice originating from India, has long been known for its numerous physical, mental, and emotional benefits. While traditionally associated with adults, yoga is increasingly being recognized as a powerful tool for children’s overall development. Introducing yoga to children at an early age can foster their physical health, emotional resilience, and cognitive abilities, setting the foundation for a balanced and fulfilling life. Physical Benefits of Yoga for Children Improves Flexibility and Strength: Yoga involves various postures (asanas) that help in stretching and strengthening muscles. Children who practice yoga develop better flexibility, coordination, and muscle tone, reducing the risk…