The Latest Breaking News from EMEA

EV technology company Cenntro Electric Group Ltd (NASDAQ:CENN) has agreed to acquire an equity interest in Mosolf SE & Co KG's subsidiary Tropos Motors Europe GmbH (TME). Mosolf is an automotive logistics and service provider in Europe. The company will acquire 65% equity interest in TME for €3.25 million and assume 100% of a shareholder…

Molson Coors Beverage Co (NYSE:TAP) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%.  Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and operating income for…

Sealed Air Corp (NYSE:SEE) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $1.53 billion, beating the analyst consensus of $1.49 billion. On an organic basis, sales in the Americas rose 20% Y/Y, EMEA increased 13%, and APAC gained 4%. Adjusted EPS of $1.12 missed the analyst consensus of $1.13. The gross profit…

Canada Goose Holdings Inc (NYSE:GOOS) said it is collaborating with footwear designer Salehe Bembury as part of its multiyear partnership with the National Basketball Association (NBA) and its annual All-Star celebration. The limited-edition four-piece unisex capsule collection features signature patterns, embodying the freedom of ninety's NBA style. "The NBA significantly influenced my interest…