M. Holland Co. announced an agreement to partner with Ravago Group. While Ravago Group will acquire a majority interest, the M. Holland management team will remain the same.
Under the agreement, 3M will contribute a total amount of $6.0 billion between 2023 and 2029 - $5.0 billion in cash and $1.0 billion in 3M common stock.
The report, looking toward 2028, will cover a range of industry challenges and issues, and highlight opportunities for growth in a fast-changing market.
Despite a persistently challenging economic environment, Henkel posted a significant increase in earnings for the first half of 2023 and raised its full-year sales and earnings guidance.