TX-UTEX-INDUSTRIES
Utex Industries, Inc. announces the acquisition of Sheraton Services Ltd., located in Ashington, United Kingdom. Sheraton Services will become Utex Europe and will continue to support the company’s global expansion of engineered sealing solutions in the Europe, Middle East, and Africa (EMEA) market. Utex Europe will also provide additional manufacturing resources elsewhere within Utex Industries.
“The acquisition of Sheraton Services Ltd. to enhance our global expansion and support customers worldwide is a positive move for the company,” said Piotr Galitzine, President & CEO of Utex Industries, Inc.
In January 2021, Sheraton became the official distributor for Utex products in the EMEA market. Its employees’ combined 120 years’ experience in the design and manufacturing of seals will now further strengthen Utex in the region.
For more information about Utex Industries, Inc., visit www.utexind.com
About Utex
Utex is a market-leading manufacturing business headquartered in Houston, Texas. Utex operates multiple manufacturing, distribution, and technical sales facilities in the United States and abroad with approximately 650 employees. Utex’s innovative, custom-engineered products support a diverse customer base including oil and gas, industrial, mining, and water end markets.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221103006017/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Its Global Vision on Show, TVS Motor Company Makes a Stellar Debut at EICMA5.11.2025 15:16:00 CET | Press release
Six new products - a resurgent “new Norton”, connected technology, AR based Heads-Up Display Helmets, new range of accessories and a roadmap for Europe - underline TVSM’s presence at the world’s largest 2-wheeler exhibition. TVS Motor Company (TVSM) - a global leader in two and three-wheeler manufacturing - has taken centerstage at EICMA 2025, making a landmark debut at the world’s largest motorcycle exhibition. With a show floor commanding presence, TVS unveiled 6 new products across ICE and thermal powertrains, advanced ride assist gear including AR based Heads-Up display helmets, a stunning new range of accessories, connected technology that enhances rider-machine connect and its roadmap for expansion in Europe. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251105242034/en/ TVS top leadership team posing with the global showcases at EICMA. From L to R: TVS M1-S, TVS X, TVS eFX three O, TVS RTX 300 and RTX 300 BTO, TVS Ta
Car Connectivity Consortium Releases Inaugural Industry Report on Global Vehicle Connectivity Trends5.11.2025 15:00:00 CET | Press release
60% of industry leaders cite security and ease of use as top priorities in CCC’s new report highlighting global trends and innovation across the connected vehicle ecosystem The Car Connectivity Consortium® (CCC), the trusted source for defining how vehicles interact with devices and the world to enhance the consumer experience through standardized, secure, and convenient connectivity solutions, today released its 2025 Future of Vehicle Connectivity Report. The findings reveal how automakers, suppliers, and technology providers across regions are aligning around secure, seamless connectivity as a foundation for innovation. With Deloitte projecting the value of software-defined vehicles to reach up to $600 billion by 2030, the connected vehicle market is entering a new phase of growth. To better understand how the industry is preparing for this evolution, the CCC surveyed its membership to uncover where companies are investing and focusing their attention. CCC’s more than 300 member comp
Rimini Street Announces Upcoming 2025 Investor Events Schedule5.11.2025 15:00:00 CET | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the following upcoming 2025 Investor Events Schedule. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251105382959/en/ Rimini Street Announces Upcoming 2025 Investor Events Schedule Investor Conferences: Michael L. Perica, chief financial officer and Dean Pohl, vice president, treasurer and investor relations, will be meeting with investors one-on-one and in small group meetings at the following Investor Conferences. November 18, 2025: Craig-Hallum 16th Annual Alpha Select Conference, NYC November 19, 2025: Roth Capital 14th Annual Technology, NYC Rimini Street Investor Day 2025: In addition, join CEO, Seth Ravin and his Senior Executive Team who will share their vision, strate
Game Developers Can Now Capture More Holiday Demand With Xsolla’s Expanded Payments Portfolio5.11.2025 15:00:00 CET | Press release
MB Way, JKOPay, Paidy, Airtel Mobile Money, MTN Mobile Money, Paga, MVola, Spenn, Mercado Pago, and Bank Transfers in Nigeria are now available through Xsolla Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced new local payment methods across key markets in Europe, Asia, Africa, and Latin America. Timed for the peak holiday season, this expansion helps developers reduce friction at checkout and convert seasonal demand into long-term engagement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251105167934/en/ (Graphic: Xsolla) The expansion introduces 10 new local payment options that match how players already pay in their home markets, including:Europe: MB Way (Portugal) adds nationwide, mobile-first checkout with instant confirmations and broad recognition. Asia: JKOPay (Taiwan) delivers a trusted, mobile wallet with QR payments and loyalty; Paidy (Japan
Ripple Announces $500 Million Strategic Investment Led by Fortress and Citadel Securities, Valuing the Company at $40 Billion Following Record Growth5.11.2025 15:00:00 CET | Press release
Ripple, the leading financial technology company that offers crypto solutions for businesses, today announced a $500 million strategic investment at a $40 billion valuation from world-class institutional investors led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The investment follows Ripple’s strongest year to date and its recent $1 billion tender offer at the same valuation, underscoring continued confidence in the company’s growth trajectory and long-term vision. As Ripple continues its record year of growth, providing liquidity for shareholders and employees remains a priority. The company has repurchased more than 25% of its outstanding shares in recent years, returning meaningful value to employees and early investors. Its most recent tender offer attracted significant interest from institutional investors eager to join Ripple’s cap table. The decision to accept $5
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom