Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
News Release Digital Asset Direct

BBVA Spark backs Twinco Capital with new €50 million debt facility to serve growing demand for sustainable supply chain finance

Twinco Capital

There is a staggering $2.5 trillion global trade finance gap that mainly affects SMEs in emerging countries, limiting their ability to access new business opportunities. Helping businesses to bridge this finance gap, supply chain fintech Twinco Capital announced on Tuesday, in the sixth edition of the Valencia Digital Summit (VDS), it has secured an additional €50 million facility with BBVA Spark to accelerate growth. Twinco, one of the few European high-growth fintechs led by women, offers the first sustainable supply chain finance solution in the market that covers purchase order funding and has provided over $250 million in funding to suppliers in emerging markets. "We are very pleased to support Sandra and Carmen, two entrepreneurs who have reinvented, with Twinco, the way supply chains are financed on a global scale by incorporating innovative environmental and social criteria into their supplier financing model" explains Roberto Albaladejo, head of BBVA Spark, an initiative that has more than 800 clients and facilitated €250 million in financing in just one year of operation. Twinco is a venture-backed business, with investors such as Quona Capital, Working Capital Fund, Mundi Ventures, Finch Capital. On the debt side, BBVA Spark will become one of Twinco’s key financial partners and joins EBN Banco de Negocios who has been supporting the Company from its inception, and Zubi Capital. Sandra Nolasco, CEO of Twinco Capital commented: We are thrilled to partner with BBVA Spark to help customers build truly sustainable and competitive global supply chains. It is only by partnering with this caliber of like-minded, financial institutions, that we will be able to address large-scale challenges like the one Twinco has set out to solve: closing the trade finance gap. This facility will support the company’s portfolio growth, expanding both the number of customers and geographies.” Twinco Capital engages with large corporations—mostly in the retail and apparel sectors—and offers funding to their suppliers worldwide, advancing up to 60% of the purchase order value upfront and paying the remainder upon delivery. The process is designed to be a fully transparent, no-hassle experience that provides the suppliers with funding for its purchase orders within 48 hours. The key to its success is its unique risk model, which complements the traditional view of financial risk with business performance and ESG data. In other words, it uses machine learning to assess the quality and strength of the commercial relationships between these large buyers and their suppliers. The company is growing rapidly and has already incorporated more than 150 suppliers, located in 13 different countries. Since launching in December 2019, Twinco Capital has grown by multiples of 3, supporting global trade during the pandemic and funding millions of purchase orders. Carmen Marin, COO of Twinco Capital added: “The value added Twinco is providing to customers stems from the combination of its unique funding solution with business intelligence that provides a holistic overview of supply chain risk. Technology and machine learning provide invaluable data insights on commercial, financial and ESG suppliers’ performance, giving our customers a state-of-the-art supply chain risk management tool.” The Amsterdam and Madrid-based fintech was founded in 2019 by Sandra Nolasco (CEO), an experienced banker and specialist in trade finance with an international career spanning over 20 years in major European commercial banks, and Carmen Marín (COO), who has over 16 years of management experience in both equity investing and project finance at Banco Santander. About Twinco Capital Twinco Capital, cofounded by Sandra Nolasco (CEO) and Carmen Marín (COO), is one of the few European high-growth fintechs led by women. Twinco offers the first sustainable supply chain finance solution in the market that covers purchase order funding.Twinco engages with large corporate partners to reduce financing costs and improve supply chain reliability by offering their suppliers access to affordable funding. Through its data analytics-powered platform, Twinco is able to provide suppliers across the globe with competitive liquidity from purchase order to final invoice. Twinco’s unique model benefits both suppliers and buyers, contributing to the construction of competitive and socially responsible supply chains. Learn more: www.twincocapital.com About BBVA Spark BBVA Spark was created in July 2022 with a banking offer aiming to meet the financial needs of startups. Its backing for innovative, high-growth companies includes short and long-term financing, with products ranging from credit cards to venture debt and access to a team of experts who understand their business model together with international support via its presence in Spain, Mexico, and Colombia. BBVA Spark has raised over €200 million in financing in Spain and Mexico and has just landed in Colombia. It offers its products and services to almost 500 customers. About BBVA BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society. Contact Details Twinco Capital Leticia Lopez-Perea communications@twincocapital.com Company Website https://www.twincocapital.com/

October 27, 2023 07:00 AM Eastern Daylight Time

Image

Kate Hudson Joins Symbiome as Creative Advisor

Symbiome

Symbiome ™, the pioneering microbiome research & development skincare brand announced today that actress and entrepreneur Kate Hudson joined the company as a Creative Advisor. As an avid Symbiome customer, Hudson will join Symbiome’s team of scientists and executives as they develop the next generation of microbiome products in consumer verticals ranging from skin to gut and oral health. Symbiome addresses the root causes of inflammatory disease in global populations, with a core mission to restore health by studying the ancestral human microbiome. With health as the primary design parameter for consumer product development, Symbiome’s eponymous skincare business is the first result of over five years of advanced microbiome research. "Kate and I are both passionate about the importance of the microbiome to our health and well-being,” says Larry Weiss, natural products chemist, Stanford-trained MD, and the CEO and Founder of Symbiome. “We are committed to developing scientifically validated products with the highest standards that help people understand and unlock the potential of the microbiome to improve their health. I am thrilled to welcome Kate to the Symbiome team” “Almost immediately after I started using Symbiome skincare, I could see and feel the difference,” says award-winning actress and entrepreneur Kate Hudson. “I am proud and excited to join the brilliant and dedicated Symbiome team on their mission to improve health from the outside in. I look forward to a future where the products that we love also nourish our microbiome, enhancing our beauty and our health.” About Symbiome. Weiss Bioscience, Inc. is a San Francisco-based microbiome biotechnology company focusing on health and wellness and the developer of the Symbiome ® brand of BioIntact ® fermented skincare products. Weiss Bioscience has sponsored three international academic research expeditions deep into the Amazon rainforest, defining an evolutionary reference point for the human microbiome and transforming our understanding of the healthy microbiome. Symbiome scientists have translated this groundbreaking research into a unique line of proprietary skincare products formulated with naturally fermented Amazonian botanicals to restore what has been lost in the modern world. Symbiome’s skincare lineup includes ten clean, organic, sustainable, and traceable products, all with less than eight ingredients. Learn more about Symbiome, and follow Symbiome on Instagram, LinkedIn, and Facebook. Contact Details BPCM Archita Patel +1 281-725-2121 archita@bpcm.com Company Website https://www.symbiome.com

October 25, 2023 12:00 PM Eastern Daylight Time

NFT Artist Set to Open a New Art Gallery in Soho

Doctor Troller

Renowned digital artist Andrew Brown, famously known as Doctor Troller, is thrilled to announce the opening of his innovative art gallery in Soho. The gallery, opened its doors in October and prominently features works from acclaimed artwork collections including The Shifters, Crocs League, and Skull Squad. Art enthusiasts and followers of Doctor Troller will have the unique opportunity to experience his digital artistry in person while emerging artists are also invited to showcase their work in this avant-garde space. This initiative embodies Doctor Troller’s continuous endeavor to foster a vibrant community of digital art lovers and creators, bridging the virtual and physical realms of artistic expression. Doctor Troller’s Voyage from Streets to Screens Doctor Troller has a raw, unfiltered journey that morphed a street troller into a digital art mogul. His growth is a testimony to the boundless realms creativity can venture into when fueled by audacity and a touch of rebellion. His artwork, now celebrated globally, finds its roots in the bustling streets of London. In May 2021, Andrew Brown's experiment in Soho’s Berwick Street dubbed the ‘Honest Gallery’, saw £4,000 worth of artwork displayed openly, inviting passersby to pay what they wished. By day's end, all pieces were taken with not a penny in the collection box. “It was an experiment in human nature to see if we could expect people to do the right thing and in Soho, it was a dismal failure," remarked Brown. Despite the setback, the spirit of philanthropy persevered, with the intended charity donation honored. This experience, a blend of audacity and altruism, subtly shaped the ethos of the forthcoming gallery, where inclusivity meets edgy digital artistry. From Digital Disruption to Artistic Elevation Forged in the buzzing core of London’s art scene, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy". As the art world converges at his Soho gallery, spectators are in for an experience that transcends mere visual appeal, diving into a narrative that’s as edgy as it is evocative. The gallery isn’t just a showcase of Doctor Troller’s celebrated collections - The Shifters, Crocs League, and Skull Squad, but an invitation to emerging artists to be part of a narrative that challenges, disrupts, and evokes. Doctor Troller’s ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. Location: 54 Poland St, London W1F 7NJ, United Kingdom doctortroller.com Contact Details Doctor Troller +44 333 355 3548 maya@cryptocurrencysource.com Company Website https://www.doctortroller.com/

October 25, 2023 11:25 AM Eastern Daylight Time

Image

NFT Artist Set to Open a New Art Gallery in Soho

Doctor Troller

Renowned digital artist Andrew Brown, famously known as Doctor Troller, is thrilled to announce the opening of his innovative art gallery in Soho. The gallery, opened its doors in October and prominently features works from acclaimed artwork collections including The Shifters, Crocs League, and Skull Squad. Art enthusiasts and followers of Doctor Troller will have the unique opportunity to experience his digital artistry in person while emerging artists are also invited to showcase their work in this avant-garde space. This initiative embodies Doctor Troller’s continuous endeavor to foster a vibrant community of digital art lovers and creators, bridging the virtual and physical realms of artistic expression. Doctor Troller’s Voyage from Streets to Screens Doctor Troller has a raw, unfiltered journey that morphed a street troller into a digital art mogul. His growth is a testimony to the boundless realms creativity can venture into when fueled by audacity and a touch of rebellion. His artwork, now celebrated globally, finds its roots in the bustling streets of London. In May 2021, Andrew Brown's experiment in Soho’s Berwick Street dubbed the ‘Honest Gallery’, saw £4,000 worth of artwork displayed openly, inviting passersby to pay what they wished. By day's end, all pieces were taken with not a penny in the collection box. “It was an experiment in human nature to see if we could expect people to do the right thing and in Soho, it was a dismal failure," remarked Brown. Despite the setback, the spirit of philanthropy persevered, with the intended charity donation honored. This experience, a blend of audacity and altruism, subtly shaped the ethos of the forthcoming gallery, where inclusivity meets edgy digital artistry. From Digital Disruption to Artistic Elevation Forged in the buzzing core of London’s art scene, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy". As the art world converges at his Soho gallery, spectators are in for an experience that transcends mere visual appeal, diving into a narrative that’s as edgy as it is evocative. The gallery isn’t just a showcase of Doctor Troller’s celebrated collections - The Shifters, Crocs League, and Skull Squad, but an invitation to emerging artists to be part of a narrative that challenges, disrupts, and evokes. Doctor Troller’s ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. Location: 54 Poland St, London W1F 7NJ, United Kingdom doctortroller.com Contact Details Doctor Troller +44 333 355 3548 maya@moneysource.com Company Website https://www.doctortroller.com/

October 25, 2023 11:23 AM Eastern Daylight Time

Image

Southern University’s World-Famous “Human Jukebox” Marching Band Partners with SIGMA to Elevate Video Production Quality

SIGMA CORPORATION OF AMERICA

Southern University’s esteemed Human Jukebox Marching Band has entered into an exciting and exclusive partnership with SIGMA Corporation of America, a leading camera and lens manufacturer for both photography and cinema applications, to enhance the quality of their video production when chronicling and producing their prestigious performances. This is the third academic year that SIGMA has sponsored the Human Jukebox. A world-famous marching band with a rich history of performances at prestigious events such as the Super Bowl, Mardi Gras, and college and professional football games’ halftimes, the Human Jukebox is known for its captivating shows and choreography, which includes the talented Dancing Dolls ensemble. The band's reputation plays a vital role in attracting students to Southern University and cultivating valuable partnerships, and sharply capturing their performances is of utmost importance. In 2014, Eric Johnson, the Human Jukebox’s Marketing and Brand Manager, along with Jabari Morgan (marketing) and Media Director Garrett Edgerson, embarked on a journey to develop a strong brand identity and elevate the band's presence in the world of collegiate marching bands. Their success in building an impressive online presence on platforms like YouTube, Facebook, Instagram, TikTok, and beyond has garnered attention from notable artists such as Lizzo, Adele, 50 Cent, DJ Khaled, and Janet Jackson. The Human Jukebox's ability to capture their performances and share them with the world relies heavily on consistent high-quality video production. In 2020, the band turned to SIGMA, drawn to SIGMA's reputation for providing premium yet affordable lenses. SIGMA's dedication to customer service and a shared passion for creative excellence led to the establishment of a productive partnership. "An appreciation for art is cultivated during a person’s formative school years and is something SIGMA has always been passionately supportive of," says Mark Amir-Hamzeh, president of SIGMA America. "Having the opportunity to help bring the Human Jukebox’s work to life for the past three years with crisply captured video, and to contribute to the long-term growth of this HBCU, has been an honor.” Southern University’s Media Director Garrett Edgerson, a photographer and filmmaker, heads a team of four students and three alumni responsible for creating captivating content for the Human Jukebox. To ensure top-notch video quality, Edgerson and his team have embraced SIGMA lenses as their go-to choice for capturing the band's performances. "Like many HBCUs, Southern University's marching band plays a crucial role in attracting students from all over the world," said Eric Johnson, the Human Jukebox's Marketing and Brand Manager. “SIGMA lenses have taken our production level to a whole new height with compact form factor, lighter weight, and excellent build, making it easier for the team to capture stunning footage during performances and events. Hollywood-quality video has advanced our reputation, leading to additional sponsorships and partnerships that help support students' education and band expenses.” To learn more about how the Southern University Marching Band Media team utilizes SIGMA gear for their work, please visit this behind-the-scenes piece. About SIGMA Corporation of America SIGMA Corporation of America, founded in 1984, is the US subsidiary of SIGMA Corporation, a family-owned manufacturer of lenses, cameras and photo accessories. With U.S. headquarters in Ronkonkoma, NY, SIGMA Corporation of America expanded with a showroom and office in Burbank, CA in 2018 to support the Hollywood filmmaking industry. Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Leica, Nikon, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with over 35 award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog for helpful information about our products. Follow SIGMA America on social media! SIGMA Photo: Facebook, Twitter and Instagram SIGMA Cine: Facebook, Twitter and Instagram Contact Details SIGMA +1 631-201-7381 SIGMA.PR@Sigmaphoto.com Company Website https://www.sigma-global.com/en/

October 24, 2023 12:00 PM Eastern Daylight Time

Image

Cutting Through the AEP Clutter

YourUpdateTV

Millions of older Americans rely on Medicare as a crucial support for their health care. Yet, choosing a health plan that fits their needs can be overwhelming, particularly since nearly 90% of adults struggle with understanding health-related information. This can make the Medicare Annual Enrollment Period (AEP) – which runs from October 15 th to December 7 th – feel like an obstacle course Medicare beneficiaries must navigate every year. A video accompaying this release can be found here: https://youtu.be/F-MZ0L3t9Zw Recently, Terri Swanson, President of Medicare for Aetna, a CVS Health company, participated in a nationwide satellite media tour to discuss the annual enrollment period and tips for consumers on how to choose a plan. When selecting a plan, the first thing people should consider is their own health needs, which can help cut through the clutter of information and make a decision that’s right for you. Medicare decisions can be confusing, so it’s important to seek out trusted sources of information and ask yourself some basic questions before choosing a plan. The three main questions people should ask themselves are: Will this plan fit my budget? This includes the monthly premium, as well as out-of-pocket costs like deductibles, copays and coinsurance for doctors’ visits, hospital stays and other health services. Are my favorite doctors, hospitals and pharmacies in the plan’s network? Are my prescription drugs covered and what are they going to cost? With these three pieces of critical information, consumers can begin the process of narrowing down their plan options and finding the one that’s right for their budget and specific health needs. In addition to the basics, like coverage for doctors and prescription medications, most Medicare Advantage plans offer a variety of additional benefits that can create further value. Examples include dental, vision, hearing, fitness membership, over-the-counter products, transportation to and from doctors’ visits and even healthy foods. To begin the process of selecting a plan, people should go to Medicare.gov. Once there, they can enter their zip code and see all the Medicare plans available in their area. To learn more about Aetna plans and find some resources to help you understand your Medicare options, visit AetnaMedicare.com. About Terri Swanson As President of Medicare for Aetna, a CVS Health company, Terri oversees the sales, operations and business strategy for Aetna’s robust portfolio of Medicare Advantage plans, Medicare prescription drug plans and Medicare Supplement plans. Terri is proud to lead a team that advocates for the older adult population, helping nearly 11 million Aetna Medicare members nationwide achieve their best health. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 23, 2023 02:08 PM Eastern Daylight Time

Video

RV Sales of Broward, Owner Gigi Stetler To Appeal Catastrophic Fire Case Against 595 Annex

RV Sales of Broward

RV Sales of Broward, one of the leading recreational vehicle sellers in Florida, operating under the trade name Planet RV, is continuing a legal battle of paramount importance to win again at the appellate level. While the jury in the original case awarded $2,637,000 to RV Sales of Broward after hearing all the evidence, the judge nullified the jury’s award, reducing it to $557,000. The judgment came after a jury had ruled in favor of the RV company in its case against the landlord, 595 Annex, LLC, following a devastating fire that razed Planet RV in March 2021. Stetler will ask the appeals court to reverse the judge’s decision that stripped away her multi-million-dollar damage award, decided by a Broward County jury after a two-week trial. The plaintiffs had initiated legal proceedings against their landlord, 595 Annex, LLC, to seek damages and remedies for the tragic incident. The company previously occupied a commercial property at 3030 Burris Rd, Davie, Florida, owned by the same landlord who also operates the 595 Truck Stop in Davie, Florida. In 2018, RV Sales of Broward raised concerns about faulty wiring that had caused damage to numerous RVs and equipment over several years. The landlord dismissed the concerns. Unfortunately, on March 22, 2021, a catastrophic five-alarm fire erupted, resulting in a complete loss of Stetler's building, business, and its contents. Stetler, who believed she was protected by her lease, expected insurance proceeds to be used for rebuilding or restoring the property in the event of such a casualty. However, this did not happen. It was later discovered that the landlord had received insurance proceeds exceeding $1,000,000 for rebuilding and also received lost rent revenue totaling $210,000. Surprisingly, the landlord sued Stetler for rent and eviction. In response, Stetler filed a seven-count complaint in the summer of 2021. After 27 months, only three counts remained, with one of them being a breach of contract negligence claim, which eventually went to a jury trial. Just before concluding the trial, there was a dispute regarding the verdict form. Stetler's counsel argued that the defendant's form was confusing and inconsistent, but the court favored the defendant's version. The jury, however, faced difficulties in understanding the form and sought clarification from the judge, who could only refer to the jury instructions. After extensive deliberations, the jury reached a verdict. They awarded Stetler's company $557,000 for breach of contract negligence due to the faulty wiring issue. Additionally, they granted $210,000 for unjust enrichment, as the landlord had charged rent while also collecting insurance. Furthermore, Stetler's company received $1,870,000 for constructive eviction because the landlord's failure to rebuild forced Stetler to relocate her company at a much higher rental rate. Following the jury's decision, the defendants raised concerns about the verdict's inconsistency. In response to these concerns, the judge ordered all parties to return the next morning. After hearing arguments from both sides, the judge retained only the breach of contract claim. The judge told Stetler that she had her day in court and she would be left with the breach of contract claim for $557,000. All post-trial motions have been considered and denied, and appeals have been filed. However, Stetler finds herself in a legal limbo. Although she has a final judgment of $557,000 against the defendants, the judge has not determined the rent owed after set-offs and proper abatement. The judge has refused to rule on this matter until the appeal process is complete, even though it technically should not occur until a proper final judgment is in place. RV Sales of Broward and Stetler remain committed to protecting their rights as they believe it was clear after a long, drawn-out trial that the jury had intended to award Stetler and her company fair compensation for the losses that were suffered. Stetler is grappling with the challenge of rebuilding her company amid escalating legal expenses and an uncertain timeline to resolve this ordeal. Compounding her difficulties, 595 Annex currently holds all the funds and has transformed Stetler's previously thriving RV dealership into an extension of their truck stop. More information about RV Sales of Broward is available at www.rvsalesofbroward.com. Download a copy of the legal filings here and at LawsuitPressRelease.com. Contact Details Tom Alexander +1 954-801-0586

October 23, 2023 08:44 AM Eastern Daylight Time

Siegel Egg Co. names Ted Lentz to Board of Directors

Siegel Egg Co.

Siegel Egg Co. (“Siegel” or “the Company”), a Rotunda Capital Partners portfolio company, has named Ted Lentz to the Board of Directors. Lentz comes to Siegel with decades of experience in the bakery ingredients and supplies industry. As president, Lentz ran Lentz Milling for over 13 years, until its sale to JM Swank. Lentz Milling, based in Reading, Pennsylvania, provides food ingredient distribution services to food manufacturers, commercial bakeries, retail bakeries, and other customers throughout 10 states in the Mid-Atlantic and Northeast regions. After the sale, Lentz continued as chief financial officer at JM Swank until its sale to Brenntag in 2021. Under Brenntag’s ownership, Lentz continued as chief analytics officer and was a member of the integration management office until leaving the position at the end of 2021. Matt Whitney, chief executive officer at Siegel, said, "I am thrilled to welcome Ted to our board. Ted’s intimate knowledge of the bakery ingredients space will be invaluable to our management team as we continue to provide the highest quality products and exceptional service to our customers. Siegel is in growth-mode, and we’re undertaking several strategic initiatives to further expand our offerings and enhance service levels. Ted’s experience will be instrumental as we execute our growth plan.” Lentz added, "Siegel’s reputation in the bakery ingredients space is as good as it gets. For almost 100 years, they have been the Northeast’s leading bakery ingredient supplier. The management team has invested heavily in technology and personnel to exceed customer expectations and I’m excited to be part of this next phase of growth." About Siegel Egg Co. Founded in 1924, Siegel is one of New England’s leading distributors of egg, dairy and bakery ingredients primarily serving commercial bakeries and food service institutions. The Company operates out of a single facility in Billerica, Mass., to distribute over 2,300 SKUs to customers in New England, Connecticut and New York. For more information, visit www.siegelegg.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, business and residential services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Siegel Egg Co. Mike Mistrot +1 978-528-2000 mikem@siegelegg.com Company Website https://siegelegg.com/

October 20, 2023 09:26 AM Eastern Daylight Time

GLOBAL ENGINEER GIRLS ACHIEVES MILESTONE IN KOSOVO TOWARDS GENDER EQUALITY IN STEM

Limak

GLOBAL ENGINEER GIRLS ACHIEVES MILESTONE IN KOSOVO TOWARDS GENDER EQUALITY IN STEM Prishtine, October 18, 2023 - Global Engineer Girls (GEG), the international philanthropic initiative aiming to improve women’s representation in Science, Technology, Engineering, and Mathematics (STEM), proudly announces the graduation of 20 young women from its flagship program in Kosovo. Implemented by Limak Group in partnership with the UNDP in Kosovo, GEG Kosovo empowers young women and girls enrolled in STEM education and provides them with opportunities to gain crucial experience in a male-dominated industry. The project aims to inspire the next generation of female engineers, and highlight the strides made towards gender equality in STEM education. The graduation ceremony marked the successful completion of a year-long journey of scholarships, training, mentorship, and internships, all provided by GEG Kosovo. The ceremony also highlighted the projects undertaken by the girls during their participation in the program, including digital communication, effective team management, personal brand-building, communication, and interpersonal skills. These projects serve as compelling evidence that extending opportunities to girls is a vital way to prepare them for successful futures in the STEM world. President of Kosovo, Vjosa Osmani, in her speech, mentioned, "We must ensure that all our bright minds have equal opportunities to pursue the education of their choice. We need these equal minds in order to address the critical issues of our time, such as climate change and AI. We cannot afford to exclude half of our population from the most pressing challenges of our era. It is imperative to collaborate and work together to achieve equality more swiftly. These young girls serve as clear examples of the potential within our youth. It is our duty to ensure that young women and girls feel empowered to pursue their dreams, regardless of the path they choose. They must harbour no fear or hesitation in stating, 'I want it, and I will make it.' Every girl holds a guaranteed place in our future. I encourage each girl to carry forward the legacy of GEG.” Chair of Limak Holding and Limak Foundation, Ebru Özdemir, said: “It's truly an important milestone for GEG and our vision at Limak. I’m thrilled to see the progress of the GEG Kosovo participants over the past year, and I am certain they all have a bright future ahead of them. Engineering isn’t a man’s world anymore, so it is our responsibility to continue to create opportunities for young women to succeed in STEM by supporting them in their studies and careers.” GEG Kosovo extends its gratitude to its supporters, mentors, parents, and volunteers, who have enabled the success of this program. Their collective efforts have empowered young girls to overcome challenges, build confidence, and unlock their full potential. Moving forward, GEG Kosovo remains committed to expanding and enhancing its programs to reach even more young girls, empowering them to break down barriers and become leaders in STEM fields. About Global Engineer Girls Global Engineer Girls (GEG) is an international philanthropic initiative that aims to inspire the next generation of female engineers. The inception of GEG was driven by Limak Group of Companies' culture and its Chairperson's, Ebru Özdemir's, deep personal commitment to improving women's representation in STEM. GEG provides girls and women with education, mentorship and career opportunities in Turkey, North Macedonia, Kosovo, Kuwait and beyond. GEG's predecessor, the Engineer Girls of Turkey (EGT), was launched in Turkey in 2015. Since its inception in 2015, the GEG university programme has benefited 710 young women by providing support for female students enrolled in chemical, civil, computer, electrical- electronic, environmental, industrial, and mechanical engineering departments in Turkish universities. This support has included funded scholarships and mentoring by hundreds of professional volunteers, as well as online training programs, soft skills and English language courses, internships, and employment opportunities at Limak's companies and partner companies. About Global Engineer Girls Kosovo Global Engineer Girls (GEG) Kosovo was established in 2022, in partnership with Limak Kosovo and United Nations Development Programme in Kosovo. GEG Kosovo currently operates in three public universities, covering bachelor and master's programs in engineering. UNIVERSITY OF PRISHTINA "HASAN PRISHTINA", UNIVERSITY OF APPLIED SCIENCES IN FERIZAJ, UNIVERSITY OF MITROVICA "ISA BOLETINI" Note to editors: High-resolution images from the graduation ceremony are available in the attachment. Contact Details Highgate Advisory Ltd. Iulia Trandafir +44 7516 787557 iulia@highgate.ltd

October 19, 2023 09:59 AM Central Daylight Time

1 ... 21 22 23 24 25 ... 95