Multiply Group Acquires Tendam, Doubling EBITDA and Expanding Global Reach

Multiply Group, the Abu Dhabi-based investment holding company that invests in and operates businesses globally, on July 23, completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-largest apparel group by market share. The deal doubles Multiply’s operational EBITDA post-consolidation and expands its model to acquire standout […]
Raychem Elexant 3500i Boosts Heat-Tracing Speed and Connectivity

Chemelex, one of the global leaders in heat tracing, announced on June 5th the launch of the Raychem Elexant 3500i family of electronic thermostats. Based on a configurable hardware platform, the Elexant 3500i empowers users to tailor a control solution precisely to their requirements and further expands the suite of control and monitoring products offered […]