9, Jul 2024
Unicommerce’s UniShip Enables D2C Brands to offer Marketplace-like Post Purchase Experience to Consumers

9th July 2024  New Delhi, Delhi, India  Unicommerce, India’s leading e-commerce enablement SaaS platform announced that its post-shipment journey solution UniShip has helped D2C brands reduce order returns and increase the rate of order deliveries that are otherwise undeliverable due to multiple reasons. Launched last year, UniShip enables D2C brands to provide a marketplace-like post-purchase experience to their customers shopping across their brand websites. The application facilitates end-consumers to track their orders and initiate returns based on the seller’s return policy by simply selecting a return reason, thereby triggering an instant refund against the purchase.

Post-shipment

With order tracking features, brands using UniShip have successfully tracked over 3 lakh orders since its launch last year. This has resulted in an enhanced post-purchase experience for their customers and has improved the overall customer satisfaction of shopping across these brand websites. Some of the brands that are using UniShip include Hamilton, Kama Ayurveda, Safari and Miarcus to name a few.

So far, the solution has enabled brands to increase their delivery percentage and reduce returns that occur due to various factors including incorrect and incomplete addresses, recipients refusing the delivery and customer unavailability among other reasons. Unlike marketplaces, brand websites do not deploy 24X7 customer support teams to handle exchanges, payments for deliveries, returns, etc.

With UniShip’s Non-Delivery Report feature, Flo Mattress, one of India’s leading bedding products brands has been able to increase its order delivery count to 80% during March 2024, which stood at 65% in February 2024. This has helped Flo Mattress to provide a faster resolution for undeliverable orders to its customers, avoiding delayed deliveries while enhancing customer satisfaction.

Talking about the solution, Gaurav Zatakia, Founder of Flo Mattress said, “Technology’s role is growing with the rising challenges of the complex e-commerce supply chain. With Unicommerce’s robust platform and UniShip’s addition to it, we have handled this problem well as undeliverable orders are a major disturbance for our end-customers’ overall shopping experience.”

Phool, the sustainable brand backed by IIT Kanpur, has experienced a significant decrease in order returns using Unicommerce’s UniShip solution. During February and March 2024, Phool slashed its order returns by over 17% compared to the same period last year. This success not only curbed Return to Origin (RTO) instances but also saved on shipping costs, enhancing operational efficiency.

Ankit Agarwal, Co-Founder of Phool.co, praised UniShip, stating, “Order returns are a major pain point for any e-commerce company. UniShip has drastically supported our operations. We value Unicommerce as our technology partner for their innovative solutions. This collaboration underscores the power of technology in streamlining e-commerce operations for sustainable growth.”

Talking about the success of the new solution, Kapil Makhija, MD & CEO of Unicommerce said, “As we continue to innovate our SaaS platform, UniShip has revolutionized the way shoppers react to their post-purchase experience across brand websites. With India’s progressing D2C landscape, brands can provide a marketplace-like experience to their customers. This affirms our position as an innovative SaaS platform that covers each aspect of e-commerce supply chain management.”

Designed to support the accelerating pace of India’s online-first D2C industry, UniShip is currently powering brands across categories like luggage, cookware, fashion, babycare and bedding & furniture among others.

With a consistently growing Annual Recurring Revenue (ARR) as of the quarter ending September 2023, Unicommerce has achieved a 750 million+ Annual Transaction run-rate, serving over 3500 customers, managing 8000+ warehouses, and processing orders from 1900+ stores through its platform.

“Unicommerce eSolutions Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the websites of the Company at www.unicommerce.com, SEBI at www.sebi.gov.in as well as on the website of the book running lead managers, IIFL Securities Limited and CLSA India Private Limited at www.iiflcap.com and www.india.clsa.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the DRHP, including the section titled “Risk Factors”.

9, Jul 2024
MTG Launches the Revised Edition of 37 Years NEET Chapter-wise Topic-wise PYQ For NEET 2025, Just in 2 Days After NEET 2024

9th July 2024 Gurgaon, Haryana, India  The NEET 2024 exam was concluded on 5th May 2024 breaking all previous records. With a whooping participation of around 25 lakh students aiming for only 1,06,333 MBBS seats, the NEET 2024 exam was a battle! A battle in which only 5% of NEET aspirants will win.

MTG Launches

This year, NEET registrations increased by around 20%, almost double of last year’s hike. This increased level of competition will lead to a potential increase in the cutoff marks as compared to the previous year.

Every year the number of registrations keeps booming, so it is highly probable that in NEET 2025 another record will be broken. With such a huge participation level for a limited number of seats, the competition is bound to be brutal next year. That’s why this growing competitiveness of the exam, emphasizes the importance of early and thorough preparation for NEET 2025 and that’s where MTG shines.

So, to give NEET 2025 aspirants relief and the preparation they deserve, MTG has released its revised and updated catalog of all the best NEET books for 2025.

MTG’s 37 Years Chapter Wise-Topic Wise Solutions
Take your NEET 2025 preparation ahead with one of the largest MTG question banks of 37 years of AIPMT, NEET, and NEET rescheduled papers with expert solutions. These solutions will make students ready to tackle any question that may come from the concepts.

This 37-year NEET PYQ book is a bestselling title and has 2 unique features that you will not find in any other book on the market.

MTG provides video

  1. Video Solutions: Going the extra mile, MTG offers video solutions for tricky questions, which helps students’ thorough understanding of concepts and provides clarity on complex topics.
  2. Free Smartbook: Students get complimentary access to a digital replica of MTG 37 Years NEET Chapterwise-Topicwise Solutions through a Smartbook, making the most out of technology to offer flexibility. This digital platform allows students to practice 37 NEET PYQ chapter-wise books anytime, anywhere, at no additional cost in their smartphones, tablets, or desktops.

Not just that this smart book offers a plethora of other features to prepare better.

  • With 7000+ questions, customize 7000+ NEET tests.
  • Each attempt is saved as a report for future reference.
  • Wrong answers will be marked for later practice.
  • Create flashcards for revision & memorization.
  • Get performance analysis reports after tests.

Free smart book

MTG Objective NCERT at your Fingertips

This is a one-of-a-kind book in the market that covers the complete NCERT by extracting MCQs from each line of the NCERT textbooks.

MTG NEET Champion
This book provides the All-India papers of medical exams from all regional, AIPMT, NEET and NEET rescheduled exams to give NEET aspirants an edge over peers.

MTG Complete NEET Guide
It offers comprehensive theory, MCQs, 10 AIPMT/NEET PYPs and detailed solutions to aid in understanding and practice for NEET exam preparation.

MTG 10 Sample Papers NEET-UG
This book consists of 10 sample papers exactly like the actual NEET exam to give you real NEET exam-like practice.

10-Year Solved Papers-NEET Explorer
This book provides a comprehensive practice opportunity with detailed solutions to improve NEET 2025 exam scores and problem-solving skills.

What makes MTG a pioneer in NEET preparation?
MTG’s immediate release of the entire NEET catalog showcases their commitment. MTG aims to keep NEET 2025 aspirants well-prepared and ahead of the curve.

MTG’s dedication to bringing you the best, the earliest!
MTG’s editorial team with over 100 years of collective experience, quickly analyzed and solved the NEET 2024 exam paper, to provide students with up-to-date study material for NEET 2025 as soon as possible.

A consistent track record – 90% of NEET questions are the same or similar to the questions in the MTG NEET books!
Over the past 5 years, MTG has become the NEET topper’s favorite because a remarkable 90% of NEET questions have been either the same or similar to MTG’s NEET books.

MTG – The forefront of the educational landscape
MTG being on top of all the latest developments in the educational field, swiftly incorporated all updates into its books when the National Medical Commission (NMC) rationalized and revised the NEET syllabus.

In conclusion, MTG’s launch of the updated edition of NEET books highlights their dedication to providing up-to-date study materials for NEET aspirants. MTG continues to be a trusted partner for students embarking on their journey towards NEET 2025 success with their NEET preparation books.

9, Jul 2024
ICONIC FIRST: myTrident Redefines the Home Decor Space Bringing Together Sharmila Tagore & Kareena Kapoor Khan

	ICONIC FIRST

9th July 2024  Punjab | Chandigarh, India  Setting new standards in the home decor industry, myTrident is excited to introduce its latest campaign starring its enigmatic brand ambassador Kareena Kapoor Khan alongside the iconic Sharmila Tagore. This extraordinary collaboration highlights the harmonious and elegant relationship between a mother-in-law and daughter-in-law, marking a notable shift from the traditional narratives typically portrayed in brand campaigns. This initiative sets a new standard in creative storytelling, celebrating the evolving dynamics of modern family relationships.

Crafted with cinematic finesse, the campaign unveils an enchanting television commercial produced by Dharma 2.0 under the leadership of Punit Malhotra, that showcases the exquisite chemistry between Kareena Kapoor Khan and Sharmila Tagore. Radiating grace and sophistication, the duo immerses themselves in the sanctuary of their home, luxuriating amidst the opulence and comfort offered by myTrident’s premium home essentials. This unparalleled collaboration not only celebrates their innate charm but also serves as a testament to the impeccable design, beauty, and craftsmanship synonymous with myTrident’s ethos.

“This campaign embodies a jubilant tribute to the contemporary Indian family, transcending stereotypes to embrace a tapestry of inclusivity. Kareena Kapoor Khan and Sharmila Tagore, quintessential embodiments of sophistication, elegance, and timeless allure, resonate deeply with the essence of our brand. At myTrident, we firmly believe that every home deserves the transformative touch of elegance and comfort that our offerings bring. Through the harmonious union of Kareena Kapoor Khan and Sharmila Tagore in our latest campaign, our mission is to ignite a spark within families, urging them to embrace the inherent beauty of their bonds and curate living spaces that authentically reflect their distinctive dynamics,” says Neha Gupta Bector, Chairperson, myTrident.

“Working with Sharmila Tagore , for this campaign has been a deeply fulfilling experience. Together, we’re delighted to celebrate the essence of family bonds and the beauty of shared moments at home with myTrident, a brand that resonates deeply with both of us. It’s a brand we genuinely love and admire for its commitment to enhancing the warmth and unity within households. We are excited to inspire families across India to embrace love, respect, and harmony in their living spaces through this campaign,” said Kareena Kapoor Khan

Breaking new ground within the industry, myTrident’s pioneering campaign, showcasing a harmonious mother-in-law and daughter-in-law duo, underscores our unwavering dedication to championing diversity and cultivating a profound sense of belonging for all. As one of the most loved brands in luxury and premium home furnishings, myTrident takes immense pride in its commitment to catering to the ever-evolving needs of contemporary Indian households. myTrident’s extensive range of meticulously crafted products is designed to elevate every nook and cranny of the home, ensuring that each household member finds solace and sanctuary within its offerings.

This innovative campaign is set to resonate with audiences nationwide, inspiring them to embrace the beauty of familial bonds and create homes that are a true reflection of their love and harmony. Today, the campaign unfolds across many prestigious platforms, including leading news channels on television, prominent digital media outlets, and expansive social media syndications. Furthermore, strategic partnerships with esteemed premium and luxury platforms amplify our message, ensuring widespread exposure to discerning audiences. Following this expansive digital rollout, an innovative out-of-home campaign will sweep the North and West regions, captivating audiences with its creative flair and impactful messaging.

8, Jul 2024
BIPF’s ‘Professor Ghanashyam Dash Scholarship’ (PGDS) 2023 awardees felicitated

Bhubaneswar, 5th July 2024: Bansidhar & Ila Panda Foundation (BIPF), the social development arm of Indian Metals and Ferro Alloys Limited (IMFA) felicitated the recipients of the ‘Professor Ghanashyam Dash Scholarship for Higher Education’ (PGDS) for the academic year 2023-2024 today.

BIPF’s 'Professor Ghanashyam Dash Scholarship’ (PGDS) 2023 awardees felicitated

Every year the PGDS annual scholarship is awarded to six meritorious students (domicile of Odisha) to facilitate higher education in the fields of engineering, medicine and liberal arts across India. In the 19th edition of the PGDS initiative, four students—Mr. K.V.M Prassana Kumar, Mr. Priyanshu Panda, Mr. Himanshu Sekhar Patra, and Ms. Priyanka Dalai—have been awarded scholarships to pursue engineering at IIIT Dharwad, IIT Madras, IGIT Sarang, and Deen Dayal Upadhyaya College, respectively. Additionally, Mr. Prayas Rout and Ms. Abhipsa Chowdhury have been awarded scholarships to pursue medicine at AIIMS Bhubaneswar.

The students were felicitated in the esteemed presence of Guest of Honour, Executive Director & CEO of AIIMS Bhubaneswar, Prof. (Dr.) Ashutosh Biswas; Trustee & Founder CEO of Bansidhar & Ila Panda Foundation, Ms. Shaifalika Panda, along with other distinguished senior officials from BIPF.

The PGDS initiative covers upto 90% of the academic fees and eligible expenses for selected candidates. It reserves a maximum of INR 6 lakhs per awardee to support the students in completing their four-year professional studies.

Beyond financial support, recipients are also eligible for ‘Utsah,’ an exclusive mentorship program run by BIPF. Through this program, students receive mentorship from IMFA executives, providing regular counseling, moral support, academic guidance, networking opportunities, and assistance in realizing their full potential for a well-planned career trajectory.

Speaking on the occasion, Ms. Shaifalika Panda- Trustee & Founder CEO, Bansidhar & Ila Panda Foundation, elaborated, “Education has the power to transform. The PGDS was instituted with the aim to contribute to a progressive-inclusive-equitable society where ‘no one is left behind’. This opportunity allows our recipients to unleash themselves from the shackles of their socio-economic barriers onto their journey of professional success.”

Furthermore, Guest of Honour, Prof (Dr) Ashutosh Biswas, Executive Director & CEO, AIIMS, Bhubaneswar, emphasized that true success stems from integrity and values, and said, “While academic excellence is crucial, it is your societal contributions that will determine your lasting achievements. Balance your academic pursuits with nurturing humanity and actively serve the community to make a meaningful impact.”

Instituted in 2005 by IMFA, this scholarship is named after the renowned historian Late Prof. Ghanashyam Dash, father of late Mrs. Ila Panda. It aims to provide equal opportunity through financial assistance to meritorious students and facilitate higher education. PGDS 2024 application process will begin in August 2024 through the BIPF website.

About Bansidhar and Ila Panda Foundation (BIPF)

In 2011, the Bansidhar and Ila Panda Foundation (BIPF) was established to implement sustainable and scalable interventions in the areas of health, education, livelihood and water sanitation. BIPF is structured to partner and collaborate with the Central and State governments as well as local and international organisations to implement programs and drive results for the marginalised communities of Odisha. Skilling & training of rural youth, helping rural household women on being self-reliant, health & hygiene of adolescent girls are some of our key initiatives spread across six districts in Odisha (Cuttack, Rayagada, Keonjhar, Jajpur, Angul and Khorda) touching lives of more than 21 lakhs beneficiaries.

8, Jul 2024
Symphony Solutions Launches BetHarmony, A Game-Changing AI Assistant for iGaming

Amsterdam, Netherlands, July 08, 2024 –-Symphony Solutions, the Dutch-based AI, Cloud, & Agile transformation company, announces the launch of BetHarmony, an advanced AI-powered assistant designed specifically for the iGaming industry. This new platform aims to revolutionize user interaction for both casino and sportsbook operators.

After a successful proof of concept and positive feedback from industry leaders, Symphony Solutions has officially launched BetHarmony. This AI assistant is set to enhance various aspects of user experience, from initial onboarding to advanced betting capabilities. BetHarmony promises to ensure that all players receive VIP treatment with a human-like, responsive service. The platform stands out by offering a set of powerful tools aimed at improving user acquisition, engagement, retention and exceptional instant 24/7 customer support.

Eduardo Remedios, VP of iGaming at Symphony Solutions, expressed his excitement about the launch: “Launching BetHarmony marks a significant milestone for us. Driven by groundbreaking AI research and insights from our proof of concept, this platform is designed to lift user experience while providing operators with tools to enhance engagement and retention.

“Our first release offers casino version features and customer support.The casino version has been developed based on insights gathered from in-depth market research and feedback by early adopters.”

Key Features of the BetHarmony Casino

Enhanced Search Capabilities: Players can search for games by attributes such as type, provider, and language, using advanced semantic search technology for more relevant results.

Customizable UI Styles for Operators: This feature allows operators to customize the user interface to better align with their branding and user preferences.

Real-Time Critical Alerts: The platform provides instant alerts on critical metrics, aiding operators in maintaining system stability and enhancing user satisfaction.

Automated FAQ and Support: With a robust FAQ database and advanced logging mechanisms, the platform ensures users receive timely and accurate support.

Advanced Reporting Tools: Detailed analytics on user interactions and system errors are available to operators, enabling informed decision-making and continuous improvement.

Eduardo further highlighted, “This platform represents a significant evolution in how users engage with online casinos. With features like enhanced search capabilities and real-time alerts, BetHarmony is not merely responding to current industry needs but is also setting the stage for future innovations.”

Future Developments

The launch of BetHarmony is the first step in Symphony Solutions’ vision for the future of iGaming. The company plans to extend BetHarmony’s capabilities to sportsbook operators, with features such as automated customer support, enhanced search for specific sports event bets, support for multiple types of odds, and more. This update is expected to be released in early September.

8, Jul 2024
Author Sean Ferguson’s New Book, A Layman’s Look at Life

Author Sean Ferguson’s New Book, A Layman's Look at Life

Hixson, TN, July 08, 2024 –Sean Ferguson, who is currently retired and living with his wife and their two dogs in Hixson, Tennessee, has completed his new book, “A Layman’s Look at Life: A Road Less Traveled”: a captivating exploration of existence that seamlessly blends science, religion, philosophy, and personal reflection.

Having spent most of his working life in sales, author Sean Ferguson has one US patent for a valve design. He spent over twenty-five years selling in industries ranging from nuclear power, food, and beverage to refining and petrochemicals. Ferguson also spent fourteen years in telecom and wide area network sales. Ever restless, he even drove eighteen-wheelers from Southern California to Eastern Canada for almost three years in his early sixties. The author is a former avid skydiver, motorcyclist, skier, and scuba diver, and enjoys traveling with his wife, reading, listening to music, and now writing.

“I never would have claimed to be a religious person until just recently,” writes Ferguson. “I always believed there was a God, and I believed Jesus lived, died on the cross, and rose from the dead. These are things learned by rote when I was a kid. I had a mental image of these things and had seen movies and many graphic representations of the stories I was told. However, I wasn’t taught the Bible and didn’t know that it told a complete story about mankind and God’s plan for human beings. Despite that, I always found myself trying to reconcile the ideas of people who said there was no God and those who believe. I was looking for evidence in the material world to attach to the possibility/probability that God does exist. Decades before I ever heard the term apologetics, I was trying to be an apologist. So what follows is how this layman has come to explain what I believe and why I believe it.”

The author continues, “I hope that what I have to share will inspire or provoke the reader to look deeper in this direction for another way to find a real, dependable, and lasting way to feel good and secure in life.

“What I’ll say to you is please read the entire book. Take what you need or can use, and just leave the rest. If what I have written helps you in any way or even leads you to a belief in God and a reliance on the Bible, I’ve done what I’ve set out to do.”

8, Jul 2024
Survey of Active Retired Military Members and Their Family on Health

Oxon Hill, MD, July 08, 2024 — The PMW Foundation (PMWF) has released the findings of a groundbreaking survey that sheds light on the health concerns and needs of African American military members and their families. Conducted from September 1, 2023, to November 1, 2023, the survey gathered data from 1,004 validated respondents, with 91.67% identifying as African American and 8.33% as biracial (African American/White).

Of the respondents, 70% either currently serve or have served in the military, while the remaining 30% are military-connected family members. The survey encompassed individuals from the Army, Navy, Air Force, Marines, and Coast Guard, focusing on their health perceptions, concerns, and needs. Notably, all respondents reported having a physician or healthcare provider, with over 41% utilizing the VA Health system.

The results of this comprehensive and statistically significant survey are both revealing and alarming, highlighting critical deficiencies in health information and outreach within the African American military community. The data obtained provides a unique opportunity for targeted health awareness and outreach efforts to address the specific needs of this underrepresented population.

Key findings from the survey include:

• The majority of respondents rated their own health as fair to good, while the health of their family members was generally perceived as good to fair.

• Respondents identified a wide range of health conditions and illnesses affecting themselves and their families.

• An overwhelming 91.67% of respondents had visited a physician or healthcare provider within the last two years, underscoring the importance of regular healthcare access.

• Of those surveyed, 58.33% had seen their primary care physician for a routine check-up in the past year, emphasizing the importance of preventative care.

• A significant 75% of respondents reported taking prescription medications, highlighting the prevalence of medical treatment within the community.

• Despite a strong desire to improve their health, only 25% of respondents felt adequately equipped with the knowledge and tools to do so, indicating a need for enhanced health education and resources.

• Concerningly, all respondents expressed a lack of adequate healthcare availability for the retired military community, signaling a critical gap in healthcare services.

• While trust in healthcare information varied, 100% of respondents placed their trust in their doctor or healthcare provider, with only 16.67% expressing trust in the VA Medical system.

• Furthermore, 66.7% of respondents felt that health information was not specifically targeted towards them, indicating a need for more tailored messaging and outreach efforts.

This survey, one of the largest of its kind of African American/Black military and military-connected individuals in the United States, represents a significant step towards understanding and addressing the unique perspectives and needs of this community. Further, we believe that the information can be extrapolated to other underrepresented minority populations and the military community at large. . The insights gleaned from this research will inform targeted health initiatives and advocacy efforts aimed at bridging the existing gaps in health information and outreach. The health concerns and disparities are rampant in this segment of the military and military connected population.

Jerome Williams, Colonel USAF Retired, serving as the Executive Director of the PMW Foundation, has issued a powerful call to action in response to the concerning findings revealed by one of the largest surveys of African American military and military-connected individuals.

“This survey illuminates the persistent trust barriers that exist within the veteran community, particularly in relation to the Veteran’s Administration, “Mr. Williams stressed the importance of conscientious steps to address the profound health disparities among those under the care of the VA. “The trust barriers that remain highlights the need for the Veteran’s Administration to make conscientious steps and develop novel ways to address cultural competency and action to impact the glaring health disparities amongst those under its care; especially those who face steep health disparities.”

The survey findings underscore the pressing need for immediate action to bridge the existing gaps in health information, access, and outreach for African American military and military-connected individuals. The PMW Foundation and its partners are committed to leveraging this data to advocate for meaningful change and to support initiatives that uplift and empower African Americans within the military community. By collaborating with stakeholders and policymakers, the foundation aims to drive positive outcomes and improve the health outcomes of those who have served this country.

The PMW Foundation and its partners including but not limited to Healthywomen.org are committed to advocating for meaningful change and driving initiatives that uplift and empower this underserved community, improving the health outcomes and well-being of those who have selflessly served their country.

8, Jul 2024
Brenda Mize Dolls Announces Rebranding and New Website Launch

Hartford, CT, July 08, 2024 — Brenda Mize, the creative force behind her collectible dolls with their hand-painted eyes, decided it was time to refresh the brand to better reflect her personal journey and artistic evolution. “Moving to Connecticut has been a significant chapter in my life, and I wanted my business to embody this new beginning,” Brenda explained. “The new name and website are just the first steps in an exciting direction for Brenda Mize Dolls.”

The rebranded website offers a fresh look and improved user experience, making it easier for customers to explore Brenda’s exquisite doll creations. Visitors will find detailed information on each doll, behind-the-scenes insights into the creative process, and an enhanced shopping experience.

“I am thrilled to welcome both our loyal customers and new visitors to our updated online presence,” Brenda said. “Brenda Mize Dolls represents my passion for creating unique, high-quality dolls that bring joy and beauty into people’s lives. I can’t wait for everyone to see what’s in store for the future.”

8, Jul 2024
GivEnergy Launches in Australia

Melbourne, Australia, July 08, 2024 — GivEnergy has been the top selling brand of residential batteries in the UK for the past 5 years. According to GivEnergy Australia’s managing director Martin Cobb, “The brand’s success is down to a clear strategy: We offer proven and premium products, but at the most affordable prices, which makes the decision for buyers a simple value choice.”

More recently, GivEnergy’s operations have expanded into European, Asian and African markets as well as in Australia. Managing director Martin Cobb adds, “It was a very logical and timely decision to launch into the Australian market this year. Australians are ready for our products as they are informed customers. The evaluation of our batteries assessing a product based on value proposition, we back our brand, its features and the long-term value we deliver.”

In the UK alone, GivEnergy has consistently installed thousands of systems each week for years. Management believe that this ongoing year-over-year success can be attributed to the quality of product and local support. The Australian operation is following suit by offering the same proven and high-quality product at the most affordable price – all with 100% local Australian support.

8, Jul 2024
Flacks Group Closes on $400 Million Mining Acquisition from Imerys

Flacks Group Closes on $400 Million Mining Acquisition from Imerys

July 8, 2024,Miami, United States : Flacks Group is proud to announce the acquisition of Artemyn, a division previously owned by Imerys SA (EPA: NK), a publicly listed company on the Euronext. This strategic move marks Flacks Group’s official entry into the mining industry and significantly strengthens its diversified portfolio.

Artemyn, with 1000 employees across 24 plants in the Americas, Asia, and Europe, generated $400 million in revenue and $60 million in EBITDA. This acquisition enhances Flacks Group’s portfolio, leveraging the strong performance and global reach of Artemyn. Notably, Artemyn owns the world’s largest kaolin operation with unique high-quality reserves in Brazil.

Flacks Group, owned by Chairman and CEO Michael Flacks, holds over $4 billion worth of assets globally. The company operates in the mining, renewable energy, water, chemicals, oil and gas, and real estate sectors.

Among Flacks Group’s diversified portfolio is Pleuger Industries, a renowned supplier of rotating equipment with over a century of experience and facilities in Germany, France, and the USA. Pleuger Industries is a key provider of dewatering and mission-critical equipment to major mining operations worldwide. Known for their high-efficiency submersible motors and pumps, Pleuger Industries delivers premium German-engineered solutions for water applications. Pleuger Industries will collaborate with Artemyn to enhance operational efficiencies and drive R&D in mining products.

Morgan Stanley served as an investment banker on the deal, with Latham & Watkins LLP, Moncey Avocats Law Firm, and Berger Singerman LLP acting as transactional lawyers.