Colliers completes acquisitions in Italy

Expands presence in an important European region

EMEA Italy Leadership

From left to right: Chris McLernon (CEO, Colliers | EMEA), Ofer Arbib (Co-principal of Colliers Italy and CEO of Colliers Global Investors Italy), Giulia Longo (Co-principal of Colliers Italy)

TORONTO and MILAN, Italy, April 04, 2022 (GLOBE NEWSWIRE) — Leading global professional services and investment management firm, Colliers (NASDAQ and TSX: CIGI), today announced the completion of two previously reported acquisitions: Colliers Italy, a previously affiliated full service commercial real estate firm, and Antirion SGR S.p.A., one of the largest real estate investment management firms in Italy. Senior leadership teams at Colliers Italy and Antirion will continue to oversee operations of their respective firms and retain significant shareholdings in the businesses under Colliers’ unique partnership model. Antirion will begin rebranding as Colliers Global Investors Italy at close.

From left to right: Chris McLernon (CEO, Colliers | EMEA), Ofer Arbib (Co-principal of Colliers Italy and CEO of Colliers Global Investors Italy), Giulia Longo (Co-principal of Colliers Italy)

From left to right: Chris McLernon (CEO, Colliers | EMEA), Ofer Arbib (Co-principal of Colliers Italy and CEO of Colliers Global Investors Italy), Giulia Longo (Co-principal of Colliers Italy)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3705d8c8-1400-44d6-88a3-7090120d6ba5

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.1 billion and more than $50 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Colliers Contacts:

Christian Mayer
Chief Financial Officer
(416) 960-9500

Chris McLernon
Chief Executive Officer | EMEA
(44) 20 7487 7000

Constellation Brands Confirms Receipt of Proposal to Transition to a Single Class Common Stock Structure

VICTOR, N.Y., April 04, 2022 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, has received a non-binding proposal from the Sands Family to declassify the company’s common stock and transition to a single class common stock structure. The proposal contemplates that each share of Class B common stock would be converted into 1.35 shares of Class A common stock. It is expected that the Sands Family will continue to be Constellation’s largest shareholder if a transaction were consummated on the terms proposed. According to information disclosed by the Sands Family, the proposal was not made in connection with any other corporate transaction.

According to information disclosed by the Sands Family, the proposal brings “significant benefits that would accrue to the Company and our stockholders,” including by “increas[ing] market demand from investors who prefer single-class structures.”

Constellation’s Board of Directors has established a Special Committee to evaluate the proposal. Any definitive agreement with the Sands Family with respect to the potential transaction must be approved by the Special Committee as well as the Board of Directors. In addition, pursuant to the terms of the proposal, any potential transaction would require the approval of holders of a majority of the shares of Class A (STZ) common stock that do not also hold shares of Class B (STZ.B) common stock.

ABOUT CONSTELLATION BRANDS

At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, our fine wine and craft spirits brands, including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey, and our premium wine brands such as Meiomi and Kim Crawford.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate business strategy, future operations and business, prospects, plans, and objectives of management and Constellation’s Board of Directors, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results or events to differ materially from those set forth in, or implied by, such forward-looking statements.

The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results or events will in fact occur. All forward-looking statements speak only as of the date of this news release, and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the terms and conditions associated with any potential transaction; that a definitive agreement may not be entered into; that a potential transaction may not be completed at all, including because it may not receive the required approval of the Special Committee, the Board of Directors, or the company’s stockholders (including the approval of holders of a majority of the shares of the company’s Class A common stock that do not also hold shares of Class B common stock); and other factors and uncertainties disclosed from time-to-time in the company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2021, which could cause actual future performance or events to differ from current expectations.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com

A downloadable PDF copy of this news release can be found here:
http://ml.globenewswire.com/Resource/Download/9e018f89-493d-4328-8ffc-1dec445bcebc

NEP Hires Keshav Kaul to Lead its India Business

The global media technology partner adds new leadership to its experienced team, positioning the company for additional growth in the region.

GURGAON, INDIA, April 04, 2022 (GLOBE NEWSWIRE) — NEP Group, the leading media technology partner for content creators around the globe, announced that it has hired Keshav Kaul as Business Head for its NEP India operations. The addition of Kaul builds on the NEP’s established presence as the leader in providing outside broadcast solutions for live sport and entertainment in India and worldwide and positions the company for further growth in the region.

Kaul brings nearly 20 years of media and leadership experience to NEP. Most recently, he served as Business Head at Fremantle India Television Productions where he led strategy, business development, physical production, legal and business affairs for the company. During his tenure there, Kaul played a prominent role in shaping and driving the company’s India growth strategy, including its entry in premium scripted content production, expanding the licensing and production of its key formats into the Indian regional language market, and opening new revenue streams by monetizing its content on digital platforms. Among his many accomplishments, he led the licensing and production of several of the company’s shows in India, including headlining shows such as Indian Idol, India’s Got Talent and You V YouTube. Kaul also drove the licensing of international formats in the neighbouring South Asian markets of Nepal, Sri Lanka, Maldives and Pakistan.

Prior to his role at Fremantle, Kaul was CEO of Sol Productions and, prior to that, served as Assistant Vice President for Strategic Planning and Commercial at Star India where he led the acquisition of original scripted and unscripted content for the Hindi channels of the network. In 2011, he also founded Benchmark Studios, a production company offering a professional approach to the business of content production in both Indian and international markets.

“I couldn’t be happier to welcome Keshav to NEP to lead our business in this very important market,” said Saeed Izadi, President of NEP Singapore, India and Middle East. “He is extremely skilled at leading teams and has a tremendous entrepreneurial drive for building businesses to new levels. I’m confident that he, along with our entire NEP India team, will continue to deliver the best technology and talent to help our clients realize their creative visions.”

“I am delighted to be joining NEP and grateful for being given the opportunity to lead its India business. India is a fast-growing media and entertainment market and presents a great opportunity for the company’s future growth in the region,” Kaul said. “NEP is a leader in the industry, and I hope to contribute to its continued growth and success by leveraging my experience of leading world class entertainment productions.”

To learn more about NEP India’s broadcast solutions and career opportunities, visit https://www.nepgroup.in/, or contact the team at +91 124 4819800.

About NEP

NEP Group is the leading media technology partner for content creators around the globe. For more than 35 years, we have been delivering innovative products and services that enable our clients to make, manage and show the world their content—anywhere, anytime, on any platform. As a trusted partner working on some of the largest productions in the world, NEP offers a complete set of end-to-end solutions, from content capture to distribution—including a growing portfolio of transformational cloud-based, software-based and virtualized technologies. Our Live Production solutions range from AV services and live audience enhancements to traditional outside broadcast and cutting-edge centralized and cloud production. NEP’s Virtual Production solutions start at the creative stage and end with exceptional execution across ICVFX, augmented reality, LED stages and more. And, our Media Processing solutions provide the tools and products our clients need to ingest, edit, store, search, manage and distribute their digital assets to rights holders across multiple platforms.

Headquartered in the United States, NEP has operations in 25 countries with over 4,000+ employees. Together, we have supported productions in over 100 countries on all seven continents, and we’re still growing. Our clients range from the leaders in sport, music, film and TV, to major corporate brands, agencies, to new content owners and creators all around the world. Learn how we are helping clients bring their creative visions, content, live sports and entertainment to life at nepgroup.com.

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Susan Matis
NEP Group
+1 412 423-1339
press@nepgroup.com

Jordan Conigliaro
NEP Group
+1 412-423-1321
jconigliaro@nepgroup.com

VistaJet announces new golf program for Members with Champion Jon Rahm as Global Ambassador

VistaJet for golf

VistaJet’s new golf program, exclusive to Members, grants access to bespoke courses and event experiences across the globe

New York, April 4, 2022: The best sports stars are choosing to travel with VistaJet, the first and only global business aviation company. Ahead of The 2022 Masters Tournament commencing this week, Champion male golfer, Jon Rahm, is officially unveiled as a VistaJet Program Member and Brand Ambassador. The announcement comes at a time when demand for safe, reliable, and conscious travel solutions has become a top priority for clients around the world.

The Champion, opted into VistaJet’s carbon offset program, shares why he chose the brand over any other way of flying — inspiring and connecting with like-minded Members and golf enthusiasts around the world. VistaJet’s new golf program, exclusive to Members, grants access to bespoke courses and event experiences across the globe.

Partners in excellence — Jon Rahm and VistaJet
A previous fractional jet owner, Jon Rahm became a VistaJet Program Member in 2021 to support his quest for even greater success professionally and personally saying, fractional simply doesn’t offer this level of flexibility”.

Flying VistaJet eliminates risk and limitations that come with ownership, ensuring its Members can fly with guaranteed availability in as little as 24 hours’ notice, anywhere, anytime.

Jon has flown on a range of VistaJet aircraft including the Challenger 350 and Global 6000, and has been one of a limited few to experience the record-breaking Global 7500 jet. Having flown the jet to a tournament in Spain he said “after flying VistaJet’s Global 7500 it’s hard to fly anything else nothing else is comparable, to be honest. I felt like I had a house in the air I slept a solid eight hours, easily. It was the only time I’ve ever flown over the Atlantic with such a big-time zone change and never had any jet lag”.

Whether flying for a tournament, with friends or family, Jon has also benefited from VistaJet’s consistently exceptional service. The brand is one of the only providers to have a Cabin Hostess on every flight, including super-midsize jets. Trained by the best institutions, including the British Butler Institute, WSET, Norland College, and more, VistaJet prides itself on providing a service in the air that is unparalleled and personal. Jon notes,the amount of work the VistaJet crew has done for us is beyond. They consider things that most would overlook. And knowing that every single Cabin Hostess on board is trained to take care of kids is amazing! We trust them.

Ian Moore, Chief Commercial Officer at VistaJet added: Golfing great Jon Rahm is the perfect VistaJet Brand Ambassador as golf, much like private aviation, relies on precision, timing, and a commitment to excellence.”

To further inspire Program Members in their passion for the sport, VistaJet’s new golf program will grant its Members access to some of the most private courses, tournaments, golf experiences, and destinations, as part of its Private World collection, including:

Mandarin Oriental, Canouan
Canouan has the only championship 18-hole golf course in the Grenadines archipelago. Located within the 1,200 acre private sanctuary of Grenadines Estate, the par-72 Jim Fazio course is played over two nine-hole loops, with the front nine meandering around the bay for epic views of the beaches and reef, and the second nine climbing up the hillside, presenting incredible vistas of Canouan and the surrounding islands including Mustique and Tobago Cays Marine Park.

Rosewood Castiglion del Bosco, Tuscany
The Club at Castiglion del Bosco, Tuscany, is Europe’s finest golf and wine experience at Italy’s only private, members-only golf club. The 18-hole golf course is one of the finest private courses in Europe and the only Continental European design of Champion golfer Tom Weiskopf. Weiskopf’s Tuscan masterpiece is exquisitely blended into the soft curves and contours of the estate’s rolling hills and valleys.

For more information about VistaJet’s new golf program please visit: vistajet.com/golf

Information
VistaJet | press@vistajet.com

About VistaJet 
VistaJet is the first and only global business aviation company. On its fleet of over 80 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world.
Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere.
VistaJet is part of Vista Global Holding (Vista) — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation.
More VistaJet information and news at vistajet.com

VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet US Inc. is an Air Charter Broker that does not operate aircraft. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC.

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Hitachi Energy launches OceaniQ™ – innovative solutions for the offshore environment

The company’s recently launched transformers for floating applications are the first entry into the OceaniQ™ portfolio of solutions that address the unique challenges of the offshore environment

Zurich, Switzerland, April 04, 2022 (GLOBE NEWSWIRE) — Hitachi Energy today launched its OceaniQ™ portfolio(*1) for the offshore energy environment, which will be showcased this week at the annual WindEurope event in Bilbao, Spain. The global technology and market leader in power grids, which has a proven track record(*2) in pioneering solutions for offshore, has created OceaniQ to help accelerate the clean energy transition. OceaniQ will result in greater volumes of wind power being efficiently harvested and integrated into the world’s energy system.

Combining cross-industry competence from the power and marine sectors, OceaniQ addresses applications for fixed platforms, floating structures and sub-sea power systems for wind, marine and other offshore operators. Hitachi Energy rigorously designs its OceaniQ products, services and solutions in collaboration with customers and partners, which are designed to solve the specific needs of offshore energy operators.

Key characteristics of OceaniQ solutions feature a modular design to enable timely installation and the ability to quickly connect energy assets to onshore. OceaniQ solutions take advantage of digitalization, enabling safe and secure remote monitoring and other services such as predictive maintenance. Designs are also ruggedized to withstand harsh marine conditions, minimizing the need for physical service over their lifetime. OceaniQ solutions also embody the rigorous application of lifecycle thinking.

OceaniQ™ transformers for offshore floating applications

The first products to be announced as part of the OceaniQ portfolio are Hitachi Energy’s recently announced transformers for offshore floating applications. Since the first commercial projects in the early 1990s, offshore wind electricity generation has grown enormously, with more than 35 gigawatts(*3) capacity currently worldwide. Yet building offshore brings great challenges beyond the harsh salt-water environment and only a small fraction of the full potential has been exploited. This is because many offshore areas do not have a suitable seabed and beyond 60-meter depths are not optimal for fixed structures.

OceaniQ™ transformers and shunt reactors are key equipment in the grid infrastructure that enables the transmission of electricity generated in offshore wind farms. This full and qualified range of equipment has been developed in partnership with the forefront floating offshore developers. It brings in world-leading experience to meet requirements, featuring a lightweight, compact and modular design that comprises of specially-designed transformer active part, tank and components.

“In OceaniQ, our world-class engineers take pride in pioneering solutions that overcome harsh offshore conditions and ultimately, help society move towards a carbon-neutral future,” said Bruno Melles, Managing Director of Hitachi Energy’s Transformers business. Bruno added, “Floating electrical systems are an important development in the evolution of the offshore renewable industry that will open up tremendous opportunities and unlock new business models that are built on clean power. OceaniQ is fully in the spirit of Hitachi Energy’s Purpose, which is focused on advancing a sustainable energy future for all.”

Alfredo Parres(*4), Head of Renewables at Hitachi Energy commented, “Wind power is one of Earth’s bountiful and free-giving natural resources and through the OceaniQ offshore portfolio, customers will be able to harness and integrate it more efficiently. Alfredo continued, “Through OceaniQ, we are building a more sustainable, flexible and secure energy system by bringing together our experts in offshore applications and wind farm connections to develop and build the solutions needed for a more integrated, interconnected and high-quality power grid. I am excited to be discussing OceaniQ with customers at WindEurope this week and how together, we can continue to pioneer technologies that maximize the full potential of offshore wind.”

This latest portfolio development from Hitachi Energy continues to demonstrate the company’s commitment to pushing the boundaries of innovation for sustainable offshore energy environment solutions, adding to an already extensive offering. The company expects to announce new additions to the OceaniQ portfolio in the coming months. The launch of OceaniQ follows the company’s recent launches of IdentiQ™ – its digital twin solutions for HVDC and power quality – and EconiQ™ – its portfolio of solutions which are proven to deliver an exceptional environmental performance resulting in significant reductions in carbon footprint.

Notes

(*1) Read more about OceaniQ: https://www.hitachienergy.com/oceaniq

(*2)  Three examples of Hitachi Energy’s proven track record in offshore wind:-

(*3)  Global Wind Energy Council’s Global Offshore Wind Report 2021

(*4) Read one of Alfredo Parres’ Perspectives on offshore wind: Offshore synergy – combining oil & gas experience with grid technology leadership for sustainable energy | Hitachi Energy

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Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com

Ashland innovative supplier partnership powers sustainable, profitable growth for local farmers and small villages in India

Responsible Solvers™ initiative increases farmers’ yield and income, lowers production costs, expands local economy, and positively impacts the environment

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Ashland Responsible Solvers™ initiative in Rajasthan, India increases farmers’ yield and income, lowers production costs, expands local economy, and positively impacts the environment

WILMINGTON, Del., April 03, 2022 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today announced the first of a series of sustainable business initiatives resulting in positive economic, environment and social impacts from the company’s recently announced Responsible Solvers program.

Fueled by the company’s purpose “to responsibly solve for a better world” and deep commitment to social programs focused on science, technology, engineering and math (STEM), Ashland teamed up with the SM Sehgal Foundation in 2021 to think differently about its supplier relationships in India.

The collective goal was to increase the volume of guar harvested annually through educational programs and scientific solutions for sustainable farming, while respecting the sourcing relationships and local cultures of small village farmers in the Sriganganagar district of Rajasthan, India. The relationships are critical to the company which uses guar to formulate specialty ingredients for personal care, life sciences and coatings applications.

The pilot program included 250 farms from 10 villages. Using modern technologies, farmers were taught sustainable agronomic practices and water conservation. The program’s successful results include helping farmers lower their production cost while increasing their crop yield approximately 30 percent. In addition, the program has helped increase farmers’ income, thus expanding the local economy in the small villages.

At the same time, Ashland’s commitment to gender equality led to specific training focused on the local female population to empower them, improve their technical knowledge and skills, and help elevate their standard of living. Based on the success of the pilot, Ashland is moving forward with plans to increase the number of farms to 5,000 by 2025.

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Ashland teamed up with the SM Sehgal Foundation to increase the volume of guar harvested annually through educational programs and scientific solutions for sustainable farming, while respecting the sourcing relationships and local cultures of small village farmers in the Sriganganagar district of Rajasthan, India.

In addition to aiding the farmers with guar production, Ashland’s Responsible Solvers mindset led the team to also provide training and other technical guidance for mustard and wheat crops during the guar off-season. This training also improved the yield of these crops, making a holistic impact on the farmers’ annual income. More than a year ago, Ashland integrated environment, social and governance (ESG) principles into the company’s strategic operating plans. The company has taken an earnest and heartfelt approach towards sustainability and the local communities in which it operates as it continues to intensify its focus on ESG.

“Our commitment to profitable, sustainable growth includes a strong innovation culture, sustainability-aligned technology portfolio, goals for the environment, social initiatives, and continued strong ethics, compliance, transparency and governance,” said Guillermo Novo, chair and chief executive officer, Ashland. “In this instance, providing STEM skills and education both on and off the field to small farmers is having a very real, positive impact in their lives and in their small village communities. In addition to maximizing shareholder value, as we innovate, Ashland will continue to act in a manner that contributes to the welfare of society and the environment.”

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Responsibly solving for a better world, Ashland announces innovative supplier partnership that powers sustainable, profitable growth for local farmers and small villages in India

Ashland plans to share more success stories and best practices from the Responsible Solvers program. To view the video and learn more, visit https://www.ashland.com/sustainability/guar  and www.ashland.com/responsiblesolvers

About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a focused additives and specialty ingredients company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. Approximately 3,800 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/sustainability to learn more.

About SM Sehgal
We believe every person deserves to lead a more secure, prosperous, and dignified life. With that vision in mind, the S M Sehgal Foundation mission is to strengthen community-led development initiatives to achieve positive social, economic, and environmental change across rural India. We have been working since 1999 to improve the quality of life in the rural communities in India. As a rural development NGO, established as a public, charitable trust, Sehgal Foundation has a skilled and dedicated team that creates sustainable programs to address rural India’s most pressing needs. https://www.smsfoundation.org/

Trademark, Ashland or its subsidiaries, registered in various countries.

FOR FURTHER INFORMATION:

Media Relations:
Carolmarie C. Brown
+1 (302) 995-3158
ccbrown@ashland.com

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