Santander Sells 49% in Polish Unit to Erste for €6.8 Billion
Erste also agreed to buy the 50% in the Polish asset manager TFI that's not already owned by the Polish unit from Santander for about €200 million, the two lenders said in separate statements on Monday.
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Business Wire
a day ago
- Business Wire
Bakelite Completes Acquisition of Sestec, Expanding Product Portfolio and Further Strengthening Leadership in Sustainable Adhesive Solutions
ATLANTA--(BUSINESS WIRE)--Bakelite announced today the successful acquisition of Sestec, a Poland-based company renowned for its sustainable, protein-based adhesives for wood and composite products. This strategic move significantly enhances Bakelite's position as a sustainability leader in the adhesive industry. By integrating Sestec's technology, Bakelite expands its portfolio of sustainable adhesive solutions on a global scale and continues to assist customers in achieving their sustainability commitments. The acquisition of Sestec, whose adhesives are 100% bio-based and designed to advance environmental stewardship, aligns with Bakelite's commitment to sustainability and innovation. By integrating Sestec's technology, Bakelite expands its portfolio of sustainable adhesive solutions on a global scale and continues to assist customers in achieving their sustainability commitments. "This acquisition is a transformative step for Bakelite," said JP Aucoin, President & CEO of Bakelite. "Sestec's innovative, bio-based adhesives will not only broaden our product offerings but also reinforce our dedication to providing sustainable solutions. This positions us to continue to stay ahead of the increasing global demand for sustainable adhesives." Sestec's adhesive systems, which include applications for MDF, HDF, particleboard, OSB, straw and fiberboard, and plywood, will now be part of Bakelite's extensive product portfolio. The acquisition includes, in addition to their innovative technology, Sestec's administration office in Kraków, and Laboratory & Production facility in Trzebinia. 'Sestec represents the future of adhesives—bio-based and sustainable. The acquisition enables Bakelite to scale our technology globally while maintaining our commitment to sustainable innovation,' said Klaus Hofmann, the CEO of Sestec. 'Integrating Sestec's natural adhesive technologies enhances Bakelite's ability to continue to meet the increasing demand for sustainable materials solutions,' added Hans Edelmann, Sestec Board Member and Co-Founder. About Bakelite: Based in Atlanta, Georgia, Bakelite is a leading global integrated producer of thermoset specialty resins, solutions and engineered thermoset molding compounds serving a variety of segments and end markets across geographies. Additional information about Bakelite and its products is available at About Sestec: Founded in Poland with roots in German-Polish R&D collaborations, Sestec is the innovator behind one of the world's first 100% bio‑based adhesive systems for panels such as MDF, HDF, OSB, and particleboard. Their solutions reduce VOC emissions, cut fossil carbon inputs, and support sustainable wood‑based manufacturing (
Yahoo
a day ago
- Yahoo
Curavit to lead US trial of Nestmedic's prenatal monitoring solution
Polish medtech company Nestmedic has chosen Curavit Clinical Research to spearhead the US clinical study of the remote prenatal monitoring solution, PregnaOne. The non-significant risk (NSR) trial is set to enrol 50 expectant mothers over 11 months across the country to assess the effectiveness and safety of the solution when used at home. This foundational study aims to gather evidence to facilitate upcoming regulatory clearance in the US. Curavit will oversee all trial aspects, including institutional review board (IRB) submissions, site choosing, data management, contract and monitoring, selection of clinical data capture software, data analytics, as well as the clinical study report (CSR) preparation. Nestmedic CEO Jacek Gnich said: 'We are building technology with empathy at its core. Curavit's innovation-forward approach, medical device expertise, and deep clinical trial experience make them the ideal partner to run this pivotal study in the US.' At least three clinical sites will be chosen, focusing on participant diversity in terms of geography and demographics. Curavit noted that a centralised healthcare provider (HCP) data review and adjudication process implementation will take place to ensure the quality and consistency of the data. Curavit Clinical Research CEO and co-founder Joel Morse said: 'We are honoured to support Nestmedic in bringing PregnaOne to market. 'Their mission to improve prenatal care through remote monitoring perfectly aligns with Curavit's vision to partner with innovative medical device companies that are working to expand access to healthcare.' In 2023, Curavit Clinical Research introduced a Health Economics and Outcomes Research (HEOR) service for clinical studies. In the same year, MedRhythms chose Curavit as its virtual contract research organisation (VCRO) for a trial of its MR-001 neurorehabilitation system. "Curavit to lead US trial of Nestmedic's prenatal monitoring solution" was originally created and published by Medical Device Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Eater
2 days ago
- Eater
We Found the 8 Best Deals From the Nordstrom Anniversary Sale
is the commerce writer at Eater, and an award-winning writer with bylines in GQ, VICE, The Daily Beast, and other publications. A curious home cook with a deep love of Polish cabbage rolls, her devotion to food service journalism knows no bounds. I will always have a soft spot for the Nordstrom Anniversary Sale. I know, I know — it's just a department store. But during the peak mall-culture years, exploring Nordstrom's carpeted halls was one of my first initiations into tastemaking; when I made an annual jeans pilgrimage there with my mom in the 2000s, we exalted every cloched candle and linen throw blanket; we pillaged Brass Plum and the M.A.C. makeup counter, pausing only for communion: the storied grilled cheese and tomato soup combo at the Nordstrom cafe. If I close my eyes, I can still hear the live piano playing a jazz rendition of 'When Doves Cry.' This year's Nordstrom Anniversary Sale is live from now until August 3, so let's waste no time in finding you the perfect charcuterie board. This set of Viking knives is $100 off German-made stainless steel is renowned for its high carbon content and durability, and this set by Viking includes all the essentials: a chef's knife, bread knife, carving knife, utility knife, paring knife, kitchen shears, a sharpening rod, and a set of six steak knives. If you're looking to upgrade from the Dull Knife Drawer life, this set's a steal. Get $46 off this trio of Diptyque candles As a proud devotee of the cult of fancy candles, Diptyque's bougies remain some of my all-time favorites for their chic graphic design and romantic, truly room-filling scents. This trio of its popular Baies (a blackcurrant scent), Figuier (a not-to-sweet fig scent), and Tubéreuse (a heady green floral scent) candles sure would make for a great host gift — but I'm tempted to keep them for myself. This just-down-to-earth-enough serving board is 45% off Leave your heavy-duty garlic mincing to a John Boos cutting board and dedicate this decorative-leaning acacia wood board to serving cheese, prosciutto, and snack foods; it's for those moments when you need to chop something small and don't feel like lugging out a giant cutting board. This expensive-looking set of hammered glasses This set of hand-blown glasses feels like a stateside alternative to the vintage-style glasses from the Paris-based glassblowers at La Soufflerie (no need to pay for exorbitant shipping from Europe), which always make me feel like I'm sipping my beverage of choice on a Mediterranean terrace. This charming Le Creuset kettle and mug set bundle Where was this deal during Mother's Day? No matter. It's always a good time to bring some of Le Creuset's heritage French swag into the kitchen. Save $40 on this set of 9 Viking mixing bowls This set of nine stainless steel bowls includes 1.5-quart, 3-quart, 5-quart, and 8-quart bowls, as well as four lids and strainer. But the winning design feature for me is the non-slip silicone bases, because I always end up sliding steel bowls around the counter during a feverish baking session. Get 29% off this Staub bakeware bundle The French cookware brand's most iconic, deep blue colorway is on sale for Nordstrom's Anniversary Sale in the form of a robust bakeware bundle that includes an oven-safe rectangular baking dish, oval baking dish, and a square baking dish with a lid. The double-duty drink dispenser is a perennial must-have You could fill one vessel with iced tea and another with water; one vessel with Four Loko, and another with Celsius. The possibilities are endless. Shop on, my fellow Nordstrom hunter-gatherer — and remember, the sale only lasts for about two more weeks.
