MTL (transport company)

Carlisle Companies Completes Purchase of MTL Holdings

Retrieved on: 
Wednesday, May 1, 2024

Carlisle Companies Incorporated (NYSE:CSL) today announced that it has completed the previously announced purchase of MTL Holdings from GreyLion Partners, a leading U.S. private equity firm, for $410 million in cash.

Key Points: 
  • Carlisle Companies Incorporated (NYSE:CSL) today announced that it has completed the previously announced purchase of MTL Holdings from GreyLion Partners, a leading U.S. private equity firm, for $410 million in cash.
  • MTL is widely recognized as a best-in-class provider of high-performance, prefabricated perimeter edge metal systems and non-insulated architectural metal wall systems for commercial, institutional, and industrial buildings.
  • Its premium portfolio is comprised of a well-balanced assortment of prefabricated edge metal products under the flagship brands of Metal-Era and Hickman.
  • MTL’s portfolio also includes non-insulated aluminum composite material (ACM) architectural wall panels under the Citadel brand.

Carlisle Companies to Acquire MTL Holdings, a Leader in Edge Metal and Non-Insulated Architectural Wall Systems

Retrieved on: 
Monday, March 18, 2024

MTL is a leading provider of pre-fabricated edge metal for commercial roofing systems.

Key Points: 
  • MTL is a leading provider of pre-fabricated edge metal for commercial roofing systems.
  • Under the terms of the agreement, Carlisle will purchase MTL for $410 million in cash.
  • MTL is widely recognized as a best-in-class provider of high-performance, pre-fabricated perimeter edge metal systems and non-insulated architectural metal wall systems for commercial, institutional, and industrial buildings.
  • MTL establishes Carlisle as one of the industry’s most comprehensive providers of architectural metal products, including “roof-to-grass” color coordinated metal building envelope solutions.

The Curtain Wall Market to Worth $165.76 Billion by 2029, Boom in Modern Architecture Creating Lucrative Market Opportunities - Arizton

Retrieved on: 
Tuesday, February 13, 2024

These transactions highlight the dynamic nature of the curtain wall market, with companies strategically aligning resources to capitalize on emerging opportunities, enhance technological capabilities, and broaden market reach.

Key Points: 
  • These transactions highlight the dynamic nature of the curtain wall market, with companies strategically aligning resources to capitalize on emerging opportunities, enhance technological capabilities, and broaden market reach.
  • The rise of modern architecture, characterized by innovative designs and sustainability principles, has propelled the demand for advanced curtain wall systems.
  • Curtain wall manufacturers are capitalizing on this trend by developing solutions tailored to modern architectural needs, expanding their market reach globally.
  • Companies excelling in seamlessly integrating aesthetics and functionality into their curtain wall systems gain a competitive edge in this growing market.

The Curtain Wall Market to Worth $165.76 Billion by 2029, Boom in Modern Architecture Creating Lucrative Market Opportunities - Arizton

Retrieved on: 
Tuesday, February 13, 2024

These transactions highlight the dynamic nature of the curtain wall market, with companies strategically aligning resources to capitalize on emerging opportunities, enhance technological capabilities, and broaden market reach.

Key Points: 
  • These transactions highlight the dynamic nature of the curtain wall market, with companies strategically aligning resources to capitalize on emerging opportunities, enhance technological capabilities, and broaden market reach.
  • The rise of modern architecture, characterized by innovative designs and sustainability principles, has propelled the demand for advanced curtain wall systems.
  • Curtain wall manufacturers are capitalizing on this trend by developing solutions tailored to modern architectural needs, expanding their market reach globally.
  • Companies excelling in seamlessly integrating aesthetics and functionality into their curtain wall systems gain a competitive edge in this growing market.

Venafi Brings Cloud Native Machine Identity Management to VMware Tanzu

Retrieved on: 
Tuesday, January 10, 2023

Venafi® , the inventor and leading provider of machine identity management, announced that VMware has integrated Venafi’s machine identity control plane into its Tanzu Service Mesh .

Key Points: 
  • Venafi® , the inventor and leading provider of machine identity management, announced that VMware has integrated Venafi’s machine identity control plane into its Tanzu Service Mesh .
  • The Venafi integration enhances the Tanzu Service Mesh by enabling organizations to automate the management of their machine identity lifecycles as part of their established CA trust chains.
  • “Other service mesh – such as Istio – only support self-signed machine identities out-of-the-box, which fall outside of companies’ existing machine identity management infrastructure and trust chains.
  • It’s great to see VMWare is addressing this security gap by tapping into the control plane for machine identity management in a way that’s frictionless and security-team approved.”

BitRail Now Enables Companies to Use Their Own Branded Currencies within Customer Loyalty Programs

Retrieved on: 
Monday, December 19, 2022

WILTON, Conn., Dec. 19, 2022 /PRNewswire/ -- Most companies have loyalty programs that drive sales and reward loyal customers.

Key Points: 
  • WILTON, Conn., Dec. 19, 2022 /PRNewswire/ -- Most companies have loyalty programs that drive sales and reward loyal customers.
  • BitRail allows companies to use their own regulated, branded digital currencies to drive sales and loyalty.
  • "BitRail branded digital tokens allow companies to keep their customers within their loyalty programs and not drive them away to third party payment providers", said Jeff Siegel, President and CEO of BitRail.
  • Our platform includes technology, licensing and compliance to help companies launch safe, branded, regulated, digital currencies and wallets.

Paxos Risk & Liquidity Management Programs Protect Customers During Market Volatility

Retrieved on: 
Thursday, December 15, 2022

Paxos has built oversight, risk management and corporate controls into all aspects of our operations.

Key Points: 
  • Paxos has built oversight, risk management and corporate controls into all aspects of our operations.
  • Paxos' ability to operate and process customer requests consistently speaks to our commitment to our clients and the strength of our risk management.
  • We measure success on our ability to act with integrity, protect customer assets through any market cycle and innovate within regulatory frameworks.
  • Recent market failures only demonstrate what Paxos has always known to be true - size and brand recognition are irrelevant if you do not have robust risk management practices that custody and protect customer assets in legally segregated, bankruptcy protected trust accounts."

Rafay Launches Service Mesh Manager and Network Policy Manager for Enterprise-grade Traffic Management and Transport Security for Kubernetes

Retrieved on: 
Wednesday, October 26, 2022

Rafay will be available for demonstrations of the Service Mesh Manager and Network Policy Manager at booth S123 at the KubeCon + CloudNativeCon Expo.

Key Points: 
  • Rafay will be available for demonstrations of the Service Mesh Manager and Network Policy Manager at booth S123 at the KubeCon + CloudNativeCon Expo.
  • View the full release here: https://www.businesswire.com/news/home/20221026005326/en/
    Rafay Network Policy Manager dashboard (Graphic: Business Wire)
    Kubernetes usage continues to experience record growth.
  • While traffic management and transport security are critical considerations for enterprise Kubernetes operations and management, they are often an unintended afterthought for overburdened platform, developer and DevSecOps teams.
  • The Rafay Service Mesh Manager, powered by CNCF project Istio , delivers centralized configuration of security controls and traffic management policies for microservices fleet-wide.

CEX.IO Names Former Kraken and CME Group Executive Will Evans Managing Director in U.S.

Retrieved on: 
Wednesday, December 1, 2021

He previously held senior executive positions at Bank of America in their Global Derivatives and FX Markets Group, and at Kraken where he drove institutional commercial growth in the U.S. and Europe.

Key Points: 
  • He previously held senior executive positions at Bank of America in their Global Derivatives and FX Markets Group, and at Kraken where he drove institutional commercial growth in the U.S. and Europe.
  • Evans experience also includes more than seven years at CME Group, where he led a partnership with HRM Royal Mint to build a gold-backed blockchain.
  • He also shepherded a proof-of-concept for testing smart contracts to streamline settlement processes in the firms clearinghouse, and established the CME Bitcoin Reference Rate and CME Bitcoin Futures.
  • We are excited to welcome Will as a seasoned business development strategist in both traditional and crypto markets, said Lutskevych.

CEX.IO announces the rapid growth of its Prime Liquidity business

Retrieved on: 
Tuesday, November 9, 2021

Prime Liquidity, the companys institutional liquidity solution, serves asset managers, family offices, hedge funds, OTC (over-the-counter) desks and banks.

Key Points: 
  • Prime Liquidity, the companys institutional liquidity solution, serves asset managers, family offices, hedge funds, OTC (over-the-counter) desks and banks.
  • The company has doubled its client base for Prime Liquidity every month since launch.
  • CEX.IO Prime Liquidity aggregates liquidity from the largest global regulated cryptocurrency exchanges, reducing risk and operational costs for investors.
  • CEX.IO Prime Liquidity allows clients to deploy their capital once, in one trading account, rather than at multiple exchanges or trading desks.