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This acquisition reaffirms DHS’ strategy to become one of the fastest growing pharmaceutical organizations in Latin America

WASHINGTON, February 22, 2023 (Newswire.com)
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DHS Ventures & Holdings, one of the world’s largest private equity investors, today announced it has entered into a definitive agreement to acquire Grupo SILMEX.

Grupo SILMEX is an integrated pharmaceutical company focused on developing, manufacturing, and marketing high-quality branded generic, private label and OTC products targeted to the private market and offering CDMO services across key market segments in Mexico. Grupo SILMEX offers a diversified portfolio of products across key categories and has strong R&D and manufacturing capabilities, operating six modern production facilities in Mexico, including three FDA-approved plants with the ability to export to the U.S.

With a highly seasoned management team that has driven strong operating and financial performance over the past years, Grupo SILMEX is well positioned to capitalize on the strong secular tailwinds underpinning the Mexican market and sustain consistent growth across its different business lines. Grupo SILMEX generated approximately US$184 million in net revenues (on an expected combined basis).

“We are thrilled to execute an important milestone on our long-planned rollup strategy with an ideal acquisition target for DHS Ventures & Holdings,” said Fernando Aguirre, Executive Vice Chairman. “We believe Grupo SILMEX diversified portfolio of innovative products alongside its management and technical capabilities will help accelerate DHS top and bottom-line growth into the near future. With this acquisition, DHS Ventures continues to diversify its products and geographies based on being a leader in innovative oral delivery systems. I am excited to finally have a physical presence in Mexico, a country for which we have had great admiration for many years. This is something that we have been working towards for quite some time. This announcement marks an incredibly proud day in our company´s 45-year-old history.”

Peter Weinstein, Chairman of the M&A Committee of DHS Ventures, added: “Grupo SILMEX represents a significant step forward for our regional consolidation strategy, expanding our reach in Mexico, which we anticipate will represent approximately 30% of the total revenues of the companies’ combined, with the expectation to grow even more. We believe the combination of Grupo SILMEX and DHS Ventures advances our position as a leading pan-regional integrated pharmaceutical company in Latin America and represents a unique opportunity to realize not only significant innovation capabilities as well as significant synergies through cross-selling opportunities and cost efficiencies.“

Contact Information:

Kali Ferrati

Vice President of Communications

[email protected]

202-719-0398

Steven Palmer

Senior Vice President of Communications

[email protected]

202-719-0398

Original Source:

Fernando Aguirre, Vice Chairman of DHS Ventures, Announced Acquisition of Grupo SILMEX for $750M Gaining Presence in Mexico

Fastexverse, the metaverse company of Fastex ecosystem, hosts the launch of Paul Dawalibi’s new book, “Metaverse dream”.

DUBAI, Arab Emirates, February 22, 2023 (Newswire.com)
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Fastexverse – the metaverse company for Fastex ecosystem, will host the launch of the new book “Metaverse dream” by Paul “The Profit” Dawalibi, a renowned futurist and virtual reality expert.

In “Metaverse dream”, Paul takes readers on a journey through the metaverse and examines its potential to change the way we live, work, and play. He also shares his thoughts on the challenges and opportunities that lie ahead as we move towards a fully realized metaverse.

The book will be available on Fastexverse’s platform and is sure to be a valuable resource for anyone interested in the future of the metaverse and virtual reality. Users can explore parts of the book in a specially built 3D room, videos, reports on Metaverse industry, quotes from the book, illustrations and more. The book is published by the renowned Assouline and will be presented and available in ftNFT store in the Mall of emirates, Dubai.

“I am truly excited to partner with Fastexverse. The next decade will radically transform fun, entertainment and leisure and set the stage for the inevitable outcome of gaming and metaverse dominance. There is a multi-trillion dollar industry at stake. More wealth will be created in the metaverse over the next few decades than in any other industry,” says “The Profit”.

“As an active member of this new industry, it was very important for us to host a presentation about Metaverse in the Metaverse environment. Fastexverse is happy to give the opportunity to thousands of people to learn more about the possibilities of near future,” says Vahe Khachatryan, the head of Fastexverse.

Contact Information:

Vahe Khachatryan

Head of Fastexverse

[email protected]

Original Source:

Fastexverse Hosts Presentation of the Book ‘Metaverse Dream’

During the 45-day crowdfunding campaign, HTVRONT sold over 5,000 Auto Heat Press worldwide, raising around $1.1 million

SACRAMENTO, Calif., February 22, 2023 (Newswire.com)
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HTVRONT, an experienced and innovative brand, completed its first crowdfunding campaign with the most advanced household Heat Press Machine on Kickstarter, the world’s biggest online funding platform, in August 2022, and earned the “‘Project We Love'” badge due to the incredible raising speed and amount of funding.

This event was from July 6, 2022, to Aug. 20, 2022, a sum of 45 days. Thanks to its previous successful advertisement and propaganda online, the HTVRONT Auto Heat Press achieved full funding within only ten minutes and reached more than 700% of funds in two days, hitting the top several in Kickstarter rank.

This advanced gadget features an intelligent lifting structure, which can exert a proper force automatically on a variety of materials with thicknesses up to 2.5mm, and seven fast ironing modes magnifying productivity, introducing a new era of household crafting machines. Additionally, its 2x faster heating speed than other counterparts makes HTVRONT Auto Heat Press a must-have for many small businesses.

Following the huge success on Kickstarter, the HTVRONT Auto Heat Press has now entered the vision of more craft enthusiasts. In this campaign, HTVRONT secured around 5,000 supporters for itself and earned 85% praise from the users, who think that the heat press machine is easy to assemble and use with really fast and even heat distribution.

One of the 5-star users on Amazon commented: “Purchased this for my wife and daughter to use with their crafts. Easy to set up as there wasn’t anything I needed to do but remove the unit from the well-packaged box. Heats up fast and gives great results without having to manually open and close the lid. The sliding tray is a huge help in loading and unloading projects. The controls are fairly straightforward as well. I would recommend this unit to other beginners as it takes a lot of the guesswork out.” 

Most customers would like to praise the smart, easy device for its drawer design. One wrote: “With the drawer, it’s also safe to use and practically eliminates the chance of accidental burns,” implicating the high security that HTVRONT had taken into account.

As the New Year comes by, the second HTVRONT Fans Carnival, its biggest anniversary sale online, will soon start from April 6 to 12, 2023. In addition, HTVRONT is about to meet its supporters offline in Charlotte, US, on April 27, 2023. This local event will be a chance to demonstrate the whole new heat press machine for cups and mugs and make a debut.

Details on pricing and more information about HTVRONT Auto Heat Press are available at https://www.htvront.com

For regular updates on HTVRONT, follow us on:

Facebook: https://www.facebook.com/htvront
Instagram: https://www.instagram.com/htvront

Contacts
Email: [email protected]
Tel: +195 42807347

Contact Information:

Kimberly Xiong

Brand PR

[email protected]

+8619542807347

Original Source:

HTVRONT Auto Heat Press Earns Kickstarter ‘Project We Love’ Badge

Alarm Management Hexagon Hexagon recognized as leading supplier of Alarm Management software and services by ARC Advisory Group

SYDNEY, February 21, 2023 (Newswir…

An exciting and rewarding field, FIFO chef work has many pros and cons for qualified job seekers to consider. Here, leading recruitment agency Techforce reveals everything to know.

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