WWGNSTAR provides workforce and asset lifecycle management for the semiconductor and high-tech manufacturing sectors. It works by embedding into a client's operations to deliver services such as managed workforce, technical staffing, and asset lifecycle tasks like equipment relocation, maintenance, calibration, parts cleaning, and hands-on training through brands like NVOLVE, NSURE, NSOURCE, NFAB, NFORM, and NSITE. The company differentiates itself by combining Westerwood Global, NSTAR Global Services, and PSS into one brand, offering an integrated, globally oriented platform with embedded services and faster hiring at lower costs. Its goal is to help semiconductor makers and other high-tech manufacturers address talent shortages and asset challenges while improving uptime and reducing operating costs.
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Industries
Company Size
501-1,000
Company Stage
Acquired
Total Funding
$275M
Headquarters
Maynooth, Ireland
Founded
2000
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Total Funding
$275M
Above
Industry Average
Funded Over
1 Rounds
Kuehnle AgroSystems (KAS), a Hawaiian algal biotechnology company, has closed a multi-million-dollar Series B funding round led by IVC, with participation from existing investors S2G Investments and Hatch Blue, plus new investor Dest EOOD. The company produces natural astaxanthin using proprietary dark fermentation technology. The capital will fund scaling manufacturing for aquaculture and human nutrition markets, securing global regulatory approvals, and expanding commercial partnerships. Earlier this year, KAS produced what it claims is the world's first natural astaxanthin oleoresin through dark fermentation at industrial scale, in collaboration with manufacturing partner Biorea. The company has a strategic partnership with food ingredients supplier Corbion to develop esterified astaxanthin for the salmon feed market. KAS says the global astaxanthin market is valued at around $2 billion and forecast to grow 15% annually over the coming decade.
WGNSTAR has signed a definitive agreement for acquisition by ABM, a global leader in facility, engineering, and infrastructure solutions.
Managed service solutions provider Westerwood Global has acquired NSTAR Global Services, which provides asset relocation, facility and equipment services, and workforce management solutions.
DUBLIN, Ireland and GARNER, N.C., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Westerwood Global (Westerwood), a leading provider of managed service solutions, and NSTAR® Global Services (NSTAR), a leader in asset relocation, facility and equipment services, and workforce management solutions, announced today that Westerwood has acquired NSTAR effective February 1, 2023. Together, Westerwood and NSTAR will leverage their strengths to become the leading asset lifecycle management and workforce solutions partner to the semiconductor and related high technology industries.“The collective semiconductor industry expertise, breadth of capabilities, and customer centric culture at NSTAR is a perfect complement to our own here at Westerwood Global,” commented Nigel Wenden, Westerwood Global’s CEO. “We are constantly evaluating our workforce development capabilities and how we can innovate, adapt, and evolve to provide value-added solutions to the market. As we look to the future, it’s clear that a combined Westerwood and NSTAR team can help us achieve our vision. Together, we will leverage our strengths to provide more comprehensive solutions and deliver what our customers need when they need it most.”“Westerwood’s focus on quality, commitment to safety, respect for people, and dedication to customer support, are the core values that align perfectly with NSTAR’s,” continued Wenden
As part of the partnership, Westerwood Global will pay the Galway county camogie board €250,000 to secure sponsorship rights including branding rights for all the county’s camogie teams, including Cathal Murray’s All-Ireland champions.
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Industries
Company Size
501-1,000
Company Stage
Acquired
Total Funding
$275M
Headquarters
Maynooth, Ireland
Founded
2000
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs