In a challenging year with market headwinds, profitability for Grundfos remained strong. The company experienced a 2.4% sales decline in 2024 but returned to moderate organic growth in the second half of the year. Coinciding with the release of the 2024 results, the company announces its ambitious 2040 winning aspiration and a new strategy, Ignite’27. Grundfos, a global leader in advanced pump and water solutions, has today reported its full-year results for 2024. Sales development vs. … [Read more...] about Grundfos delivers satisfactory financial results despite market headwinds in 2024
Industry
TopGum takes strategic leap into North America with the acquisition of Island Abbey Nutritionals
New acquisition poised to strengthen TopGum’s position as one of the leading CDMOs in the gummy supplement industry with an annual revenue rate in excess of USD 100 million Tel-Aviv — TopGum Industries, Ltd. (TASE: TPGM), a global leader in the development and manufacturing of gummy supplements, announces it has acquired Island Abbey Nutritionals™, a leading CDMO specializing in supplement gummies and lozenges, located in Prince Edward Island, Canada. This strategic acquisition significantly … [Read more...] about TopGum takes strategic leap into North America with the acquisition of Island Abbey Nutritionals
NHNE: Pioneering innovation in the nutraceutical industry through science and technology
As health consciousness continues to rise globally, the nutraceutical industry is experiencing unprecedented growth. Against the backdrop of globalization, domestic economic transformation, and shifting consumer demands, China’s pharmaceutical and health nutrition sector is undergoing a period of adjustment—marked by slower growth yet accelerated transformation and innovation. Government policies, scientific and technological advancements, and the increasing need for diversified services are … [Read more...] about NHNE: Pioneering innovation in the nutraceutical industry through science and technology