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Jabil Acquires Hanley Energy Group to Support AI Data Center Power Management
Businesswire· 2026-01-05 13:05
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions provider, today announced the successful acquisition of Hanley Energy Group, a provider of energy management and critical power solutions serving the data center infrastructure market. The acquisition was completed Jan. 2, 2026, for approximately $725 million plus contingent consideration up to $58 million, subject to achieving future revenue thresholds, in an. ...
Ecovyst Completes Sale of Advanced Materials & Catalysts Segment to Technip Energies
Prnewswire· 2026-01-02 06:00
Core Viewpoint - Ecovyst Inc. has completed the sale of its Advanced Materials & Catalysts segment to Technip Energies, which is expected to create significant value for stockholders and enhance financial flexibility [2]. Group 1: Sale Details - The sale is expected to generate net proceeds of approximately $530 million after taxes and transaction expenses [2]. - The company plans to use $465 million of the net proceeds to pay down its Term Loan, resulting in a Net Debt Leverage Ratio below 1.5x [2][10]. Group 2: Management Commentary - Ecovyst's CEO, Kurt J. Bitting, emphasized that the sale allows the company to realize the intrinsic value of the business and supports growth strategies and capital return to stockholders [2]. - Technip Energies' CEO, Arnaud Pieton, highlighted that the acquisition will enhance their offerings by combining catalysts and advanced materials with process technologies [2]. Group 3: Financial Advisors - Lazard Frères & Co. LLC served as financial advisor to Ecovyst, while Evercore acted as financial advisor to Technip Energies [3]. - Ropes & Gray LLP and Babst, Calland, Clements and Zomnir, P.C. provided legal counsel to Ecovyst, and Gibson, Dunn & Crutcher LLP served as legal counsel to Technip Energies [3]. Group 4: Company Background - Ecovyst Inc. is a leading provider of virgin sulfuric acid, sulfuric acid regeneration services, and ex-situ catalyst activation services, contributing to environmental sustainability [4]. - The Ecoservices business of Ecovyst provides sulfuric acid recycling and high-quality virgin sulfuric acid for various industrial applications [5]. Group 5: Technip Energies Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, and sustainable chemistry, generating revenues of €6.9 billion in 2024 [6]. - The company is committed to bridging prosperity with sustainability through its diverse business segments and a workforce of over 17,000 employees [6].
Technip Energies completes acquisition of Ecovyst’s Advanced Materials & Catalysts business
Globenewswire· 2026-01-02 06:00
Core Viewpoint - Technip Energies has successfully completed the acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., enhancing its capabilities in specialty catalysts and advanced materials, which are crucial for sustainable energy transition [1][2]. Group 1: Acquisition Details - The acquisition expands Technip Energies' portfolio and supports its growth strategy in the Technology, Products & Services (TPS) segment, focusing on sustainable fuels, circular chemistry, and carbon capture [2][4]. - The AM&C business will operate under its existing leadership and will be supported by dedicated R&D, manufacturing, and commercial teams across three facilities in the US and Europe, with 330 employees joining Technip Energies [3][4]. Group 2: Financial Impact - AM&C is expected to deliver immediate earnings and cash flow accretion, reinforcing Technip Energies' financial profile and unlocking new value-creation opportunities [4]. - The acquisition aligns with Technip Energies' disciplined capital allocation strategy aimed at driving long-term value creation and growth in the TPS segment [5]. Group 3: Leadership Comments - Arnaud Pieton, CEO of Technip Energies, emphasized the importance of this transaction in enhancing the company's offerings and improving efficiency, reliability, and emissions performance for customers [5]. - Kurt Bitting, CEO of Ecovyst, expressed confidence that Technip Energies would enhance product development and market reach for the AM&C business [5]. - Paul Whittleston, President of AM&C, highlighted the potential for scaling and accelerating innovation as part of Technip Energies [5]. Group 4: Company Background - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to critical markets such as energy and decarbonization [6][7]. - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [7].
BW Industrial(BWGC) - Prospectus
2025-12-31 01:55
As filed with the U.S. Securities and Exchange Commission on December 30, 2025 Registration No. [•] U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________________ BW Industrial Holdings Inc. (Name of registrant as specified in its charter) ___________________________________ | Delaware | 1541 | 81-4516346 | | --- | --- | --- | | (State or jurisdiction of | (Primary Standar ...
Oppenheimer Calls KBR, Inc. (KBR) an “Interesting Value-Based Investment Opportunity”
Yahoo Finance· 2025-12-30 17:27
Group 1 - KBR, Inc. (NYSE:KBR) is considered a value-based investment opportunity with a current 'Buy' rating from 64% of analysts, indicating a median price target of $53.50, which suggests an upside potential of 33.02% [1][2] - The stock has experienced a 30% year-to-date decline, attributed to challenges in the Mission Technology Solutions business, but the company is expected to navigate these issues while returning capital to investors [2] - Truist has recently reduced its price target for KBR from $62 to $50 while maintaining a 'Buy' rating, reflecting adjustments due to the pause in the Lake Charles LNG project and the scaling back of Plaquemines [3] Group 2 - KBR, Inc. is a Texas-based provider of scientific, technology, and engineering solutions, operating through two segments: Government Solutions and Sustainable Technology Solutions [4]
KBR, Inc. (KBR) Secures a Seat on Multiple Indefinite Delivery Indefinite Quantity Contracts By US Navy
Yahoo Finance· 2025-12-28 15:59
Group 1 - KBR, Inc. has secured multiple indefinite delivery indefinite quantity contracts with the US Naval Supply Systems Command, allowing the company to bid on tasks supporting military operations and humanitarian efforts [1][2] - The awarded contracts have a 5-year base period with an optional 5-year extension and a ceiling of $20 billion, enabling KBR to compete for various fixed-price tasks [2] - Truist Financial analyst Tobey Sommer reiterated a Buy rating on KBR but lowered the price target from $62 to $50 due to the suspension of the Lake Charles LNG project, which has negatively impacted the company's outlook [3] Group 2 - KBR, Inc. provides scientific, technology, and engineering solutions to both government and commercial customers globally, operating through Government Solutions and Sustainable Technology Solutions segments [4]
PyroGenesis Provides 90-Day Cancellation Notice to EarthGrid
Globenewswire· 2025-12-23 12:00
Core Viewpoint - PyroGenesis Inc. has announced the termination of its exclusivity arrangement with EarthGrid, allowing the company to pursue other tunneling-related projects after a 90-day notice period [2][4]. Group 1: Agreement Details - PyroGenesis provided a 90-day notice to EarthGrid to end the exclusivity arrangement and cancel the existing master agreement for tunneling-related projects [2]. - A non-refundable down payment of US$500,000 was received from EarthGrid as part of a signed Master Agreement, which initially included a period of exclusivity [3]. - The exclusivity terms were extended previously, but recent developments led PyroGenesis to believe that releasing both parties from the agreement is the best course of action [4]. Group 2: Company Background - PyroGenesis is a leader in ultra-high temperature processes and plasma-based technology, serving heavy industry and defense sectors [2]. - The company has 34 years of experience in plasma technology and provides advanced engineering solutions across various industries, including aluminum, aerospace, and military [5]. - PyroGenesis operates from its headquarters in Montreal and maintains ISO 9001:2015 and AS9100D certifications, with ISO certification held since 1997 [5].
DA Davidson Maintains A Buy Rating On Blue Bird Corporation (BLBD)
Insider Monkey· 2025-12-23 02:35
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is positioned as a critical player in the AI energy sector, owning essential energy infrastructure assets that will benefit from the increasing energy demands of AI [3][7] - This company is not a chipmaker or cloud platform but is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports [5][6] Financial Position - The company is noted for being debt-free and holding a significant cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened with debt [8][10] - It is trading at less than 7 times earnings, indicating a potentially undervalued investment opportunity in the context of its critical role in the AI and energy sectors [10][12] Market Trends - The article discusses the broader trends of onshoring driven by tariffs and a surge in U.S. LNG exports, which the company is well-positioned to capitalize on [14][7] - The influx of talent into the AI sector is expected to drive rapid advancements and innovation, further solidifying the importance of investing in AI-related companies [12][11] Conclusion - The narrative emphasizes the urgency for investors to engage in the AI market, suggesting that the time to act is now to capitalize on the anticipated growth and disruption caused by AI technologies [13][15]
Brown Advisors Mid-Cap Growth Strategy Added Parsons (PSN) to Its Portfolio in Q3
Yahoo Finance· 2025-12-19 11:31
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%. In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted st ...
Neural Concept Closes $100M Funding Round Led by Growth Equity at Goldman Sachs Alternatives to Scale AI-Native Engineering
Prnewswire· 2025-12-18 16:00
LAUSANNE, Switzerland, Dec. 18, 2025 /PRNewswire/ -- Neural Concept, a global AI platform and leader in Engineering Intelligence powering next-generation product development, today announced it raised a $100 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives, with existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures and Aster Capital. Neural Concept's Series C marks the company's latest funding milestone following its $27 million Series B in 2024. Neural Concep ...