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EQT to acquire KJ Environment and affiliated companies to establish a leading waste treatment platform in South Korea

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KJ Environment and affiliated companies to form an end-to-end business portfolio in the waste treatment value chain specialized in plastic recycling and waste-to-energyGlobal demand for recycled plastic is expected to accelerate due to strengthened regulations as well as voluntary commitments by companies in the private sector  EQT will help establish a scaled and diversified end-to-end waste treatment platform with a focus on circular economy infrastructure

STOCKHOLM, Aug. 16, 2024 /PRNewswire/ — EQT is pleased to announce that EQT Infrastructure VI (“EQT”) has entered into a definitive agreement to acquire KJ Environment and affiliated companies (collectively the “Platform”) from Genesis Private Equity, an environmental and energy infrastructure specialist, to establish a scaled and diversified end-to-end waste treatment platform focused on plastic recycling and waste-to-energy in South Korea.

The Platform comprises an end-to-end business portfolio in the waste treatment value chain, with core competencies in recyclable waste sorting, plastic recycling and waste-to-energy capabilities. It has strategically located sites in the Greater Seoul Metropolitan Area, serving catchment areas covering more than 50% of the country’s population and its GDP.

The Platform is a leading plastic recycler in South Korea in terms of treated volume, with stable access to high-quality waste plastic feedstock and cutting-edge technology to produce advanced recycled plastics suitable for food and beverage products that involve human contact. As a result, the Platform is well-positioned to advance its leadership in waste treatment with a focus on circular economy infrastructure.

Global demand for recycled plastic is expected to accelerate due to strengthened regulations mandating its use across a myriad of products and applications as well as voluntary commitments in the private sector, most notably in consumer-packaged goods. Sorting plays a particularly critical role in South Korea’s waste treatment value chain as all recyclable waste is aggregated and processed at sites before being transferred to recycling facilities.

The acquisition marks EQT’s second infrastructure investment in South Korea, and is aligned with EQT’s thematic approach to investing in climate-related infrastructure opportunities, supporting resource efficiency and a more circular economy. EQT is committed to working closely with KJ Environment and the affiliated companies to provide both capital and operational support to deepen and expand its customer partnerships, introduce automated machinery and digital solutions, and continue to build trust within the communities it serves.

Sang Jun Suh, Partner in the EQT Infrastructure Advisory Team, commented: “We are delighted to be partnering with KJ Environment and its talented management team. We look forward to applying EQT’s extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment elevate into a true market leader in the waste treatment space. This investment also marks EQT’s latest milestone in South Korea, a market we believe holds tremendous potential and is strategically important to our regional investment strategy.”

The Platform adds to EQT’s global portfolio of companies which engage in waste-related business and builds on EQT’s track record of supporting infrastructure companies in the Asia Pacific region. Since 2020, EQT Infrastructure has committed EUR 5 billion of equity, including co-investment, in Asia Pacific companies. The portfolio managed by EQT’s infrastructure team in Asia Pacific employs approximately 11,000 people.

EQT has been investing in South Korea since 2009 and views the market as a key part of the firm’s Asia Pacific strategy across infrastructure, private equity, and real estate investing. EQT Infrastructure looks to support South Korean businesses in achieving their growth and operational objectives by leveraging the expertise of EQT’s global sector teams, in-house expert capabilities within sustainability and digitalization, and global network of Industrial Advisors.

The transaction is subject to customary conditions and approvals. It is expected to close in Q4 2024.

EQT was advised by JP Morgan (financial), Kim & Chang (legal), and PwC (financial and tax).

With this transaction, EQT Infrastructure VI is expected to be 45-50 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on target fund size and subject to customary regulatory approvals.

Contact
EQT Press Office, press@eqtpartners.com

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT Infrastructure VI will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-acquire-kj-environment-and-affiliated-companies-to-establish-a-leading-waste-treatment-platfo,c4023436

The following files are available for download:

https://news.cision.com/eqt/i/kj-environment,c3324214

KJ Environment

https://mb.cision.com/Public/87/4023436/9e267f79e5ea1c1f.pdf

KJ Environment and affiliated companies – EQT Press Release 15082024

 

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212NYC New York’s Digital Advertising Club Celebrates Industry Trailblazers at 12th Annual Gala on Nov. 5, 2026

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24 minutes ago

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November 6, 2026

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212NYC 2026 Gala Awards Spotlight “Humanity in Action: Staying Human in the Age of AI” 

NEW YORK, Nov. 6, 2026 /PRNewswire/ — Nearly 300 of the advertising industry’s most influential leaders, innovators, and changemakers gathered at Tribeca Rooftop on November 5 for 212NYC’s 12th Annual Gala & Excellence Awards.

212NYC, New York’s Digital Advertising Club, hosted the evening under the theme “Humanity in Action: Staying Human in the Age of AI,” reflecting a pivotal moment for the industry as leaders navigate the opportunities and challenges of artificial intelligence while keeping human creativity, connection, and impact at the center. Each year, the 212NYC Gala brings together the brightest talent and most influential voices in advertising to celebrate the trailblazers, visionaries, and innovators driving the industry forward and making a lasting impact.

“The 212NYC Gala gives us an opportunity to celebrate the people moving our industry forward,” said Jay Wolff, President of 212NYC. “As AI transforms how we work, connect, and create, this year’s theme is a powerful reminder that our greatest asset remains our humanity. The leaders we’re honoring exemplify the vision, innovation, and human impact that will define the next chapter of advertising.”

The 212NYC Annual Gala is a signature gathering for the New York advertising community, bringing together leaders across media, marketing, and advertising to celebrate achievement, strengthen connections, and explore the forces shaping the industry’s future.

“Since 2002, 212NYC has grown alongside the digital advertising industry, bringing people together to learn, exchange ideas, and build meaningful relationships,” said Ritu Trivedi, Vice President of 212NYC. “Our community has always been driven by a willingness to embrace change while recognizing the value of human connection. This year’s Gala celebrates that spirit and the people who are helping our industry innovate with purpose.”

The 2026 Gala recognized five distinguished leaders whose work exemplifies this year’s commitment to humanity, innovation, and impact.

The 2026 Honorees:

Chrissie Hanson, CEO, dentsu North America Media Practice & Global Brand President, Carat (Human-Centered Leadership Award)Todd Kaplan, CMO North America, The Kraft Heinz Company (Industry Luminary Award)Jeff Lucas, Chief Revenue Officer, Tubi (Breakthrough Leader Award)Kory Marchisotto, President, e.l.f. Brands (Human Impact Award)Nick Tran, President & CMO, First Round Collective (Innovation with Impact Award)

The evening featured keynote remarks and hosting by Rishad Tobaccowala, 212NYC’s 2025 Industry Luminary Award honoree. A respected industry thinker and leader, Tobaccowala returned to this year’s event to share his perspective on the evolving advertising landscape and the importance of keeping people at the heart of progress.

“We are living through a period of extraordinary technological change, but technology alone cannot determine the future we create,” said Rishad Tobaccowala, keynote speaker and host of the 2026 212NYC Gala. “The real opportunity is to use AI to amplify human imagination, judgment, and connection, not replace them. I’m delighted to return to the 212NYC Gala, where this year’s theme invites our industry to think deeply about what it means to innovate while staying human.”

The evening was made possible through the generous support of its sponsors, including Acast, Amazon Ads, Channel Factory x Omnicom Media, CÎROC Vodka, dentsu, DoubleVerify, e.l.f. Beauty, Fanatics Advertising, Fetch, Fox, Google, iHeartMedia, Instacart Ads, Integral Ad Science, Kraft Heinz, LoopMe, Media.net, The New York Times, Peer39, Raptive, Roku, Skydance Advertising, Tubi, Vevo, Walmart Connect, WPP Media, and Zynga Ads.

 About 212NYC, New York’s Digital Advertising Club

212NYC is New York’s leading organization for the digital advertising industry, reaching more than 5,000 professionals across media, marketing, and advertising. 212NYC connects and educates community members through a year-round slate of compelling panels with industry leaders, signature events, and programs that advance learning and drive impact. A nonprofit, volunteer-run organization, 212NYC welcomes advertising professionals throughout the New York area. Learn more at www.212NYC.org.

Press Contact:

Diana Horowitz,
212NYC Marketing Chair
Phone: 646-709-1420
Email: diana.horowitz@gmail.com / Marketing@212nyc.org

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SOURCE 212NYC New York’s Digital Advertising Club

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ORACLE’S ANNUAL MEETING OF STOCKHOLDERS TO BE HELD NOVEMBER 18, 2026

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November 6, 2026

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AUSTIN, Texas, Nov. 6, 2026 /PRNewswire/ — Oracle (NYSE: ORCL) will hold its 2026 Annual Meeting of Stockholders on Wednesday, November 18, 2026, at 9:00 a.m., Central Time. This year’s meeting will be conducted virtually via a live audio webcast at www.virtualshareholdermeeting.com/ORCL2026. Stockholders as of the close of business on September 21, 2026, the record date, are entitled to participate in the Annual Meeting. Guests may also view the Annual Meeting but may not vote or ask questions.

The proxy materials and website www.virtualshareholdermeeting.com/ORCL2026 include instructions on how to participate in the meeting and how stockholders may vote their shares of Oracle stock. A recording of the meeting will be available at www.virtualshareholdermeeting.com/ORCL2026 and on our Investor Relations website at www.oracle.com/investor following the Annual Meeting through November 25, 2026.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Oracle

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Flex to Host Innovation Day on November 10, 2026

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November 6, 2026

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AUSTIN, Texas, Nov. 6, 2026 /PRNewswire/ — Flex (NASDAQ: FLEX) today announced that it will host its 2026 Innovation Day on Tuesday, November 10, 2026, at the company’s headquarters in Austin, Texas.

The event will feature presentations from members of the senior leadership teams of Flex and Axiom, the planned independent, publicly-traded company comprising Flex’s Cloud and Power Infrastructure segment following the expected spin-off. Presentations will focus on each company’s strategy, market opportunities, and financial priorities.

Innovation Day will be held in-person for invited institutional investors and financial analysts. The presentation portions for both companies will also be available to the public through separate webcasts, beginning at:

Flex: 8:00 AM CT / 9:00 AM ET

Axiom: 12:00 PM CT / 1:00 PM ET

The live webcasts and accompanying presentation materials will be available on the Flex Investor Relations website at investors.flex.com. A replay will be available on the Investor Relations website following the conclusion of the event.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions.

Media, Investors & Analysts

Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

 

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SOURCE Flex

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