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Full Ownership of JJ-LAPP: LAPP Group Unifies Southeast Asia Operations

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LAPP’s largest-ever acquisition pairs global engineering with regional agility to drive Southeast Asia’s next wave of connectivity.

SINGAPORE, Aug. 6, 2026 /PRNewswire/ — LAPP Group, a global leader in cable and connection technology, has completed its acquisition of JJ-LAPP. With this move, the German family-owned company unifies its operations across Southeast Asia under the singular LAPP brand identity.

Marking the largest acquisition in LAPP’s history, this milestone combines German engineering quality and innovation with JJ-LAPP’s established local footprint and entrepreneurial spirit to deliver state-of-the-art connectivity solutions across Southeast Asia.

The transaction represents the conclusion of an equal-share joint venture originally founded in 2004 with Jebsen & Jessen Group.  Over the past two decades, the partnership successfully grew JJ-LAPP from a small cable distributor into a premier regional connectivity solutions provider.

Approximately 350 team members will be fully integrated into LAPP’s global structure. They are joining a team of more than 5,700 colleagues around the globe with a strong local footprint throughout Asia. LAPP is dedicated to preserving JJ-LAPP’s deep local market knowledge while enhancing service capabilities for customers across Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Indonesia.

Richard Lee, Chairman and CEO of Asia Pacific for LAPP Group, said: “Southeast Asia’s market diversity is its greatest strength, but beneath every thriving sector lies a common denominator: the critical need for advanced cables and connection technology.”

“Whether it’s accelerating the rapid expansion of regional data centers, automating factories, or building smarter infrastructure, reliable connectivity is non-negotiable. LAPP is proud to be at the heart of this evolution, delivering the German-engineered reliability needed to power the region’s next wave of sustainable growth.”

“Our customers are at the heart of all that we do. With this acquisition, we reinforce our commitment to the region and strengthen our support for Southeast Asian businesses with direct access to LAPP’s global supply chain and engineering expertise.”

The acquisition comes at a time when Southeast Asia is seeing significant investment in AI-driven data centers, automated manufacturing facilities, and renewable energy infrastructure. These developments are creating growing demand for specialized cable and connection solutions that can support high-performance applications while withstanding the region’s challenging tropical environments.

Asia-Pacific is already LAPP’s fastest growing region with a strong double-digit growth rate in fiscal year 2025. To drive this growth, LAPP will leverage Indonesia as a core regional manufacturing hub to shorten lead times, alongside Vietnam as a key commercial hub.

Customers across high-growth industries, including industrial automation, data centers, and renewable energy, will continue to experience seamless business continuity while benefiting from faster response times and deeper regional engineering support.

Press contact:

Tobias Matthieß
Specialist External
Communications
Phone: +49 711 78386213
Tobias.Matthiess@lapp.com

Lapp Holding SE
Schulze-Delitzsch-Str. 25 
DE-70565 Stuttgart

About LAPP: 

Headquartered in Stuttgart, Germany, LAPP is a leading supplier of integrated solutions and branded products in the field of cable and connection technology. The company’s portfolio includes standard and highly flexible cables, industrial connectors and screw technology, customised system solutions, automation technology and robotics solutions as well as technical accessories. LAPP’s core market is the industrial machinery and plant engineering sector. Other key markets are in the food industry, logistics, as well as the energy and the mobility sectors.

The company was founded in 1959 and is still fully family-owned today. In the 2025 fiscal year, it generated consolidated sales of EUR 1.93 billion. LAPP employs around 5,700 people worldwide, manufactures at 27 international locations and is active in a total of over 80 countries worldwide.

You can find more information on this topic here: https://www.lapp.com/en/de/news/presse/e/000143

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SOURCE LAPP Group

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Agoda and Hoshino Reflect on Partnership: ‘Trust and Feedback Were Key’

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TOKYO, Sept. 22, 2026 /PRNewswire/ — Digital travel platform Agoda CEO Omri Morgenshtern and Hoshino Resorts CEO Yoshiharu Hoshino recently convened at HOSHINOYA Tokyo, sharing insights on the successful first months of their partnership. The leaders highlighted the strong relationship formed through Agoda’s serious commitment to feedback from Hoshino, fostering a collaboration grounded in continuous improvement and innovation.

The collaboration has seen both companies working closely to enhance their offerings and improve customer experiences. Agoda and Hoshino Resorts began their partnership in November last year with a focus on addressing challenges in room bookings and customer satisfaction. Agoda’s robust engineering teams in Bangkok, India, and Singapore played a crucial role in resolving initial issues, leading to a swift improvement in service quality. This proactive approach laid the foundation for a strong partnership built on trust and mutual respect.

Omri Morgenshtern, CEO of Agoda, emphasized the importance of feedback in their collaboration. “When we received feedback from Hoshino-san, we knew we needed to make changes quickly. Our engineering team set targets and made decisive improvements, proving that we don’t just talk about change—we make it happen. This approach has been the basis of our relationship with Hoshino Resorts, and we’re excited about the win-win situations this partnership brings,” Morgenshtern shared.

During the conversation, Yoshiharu Hoshino, CEO of Hoshino Resorts, echoed these sentiments, noting the benefits of working with Agoda. He highlighted that Agoda’s commitment to understanding local cultures and adapting their services has been instrumental in the partnership. He also emphasized that Agoda’s ability to move quickly and implement changes has made a significant impact on their operations, and expressed his enthusiasm to continuing the fruitful collaboration.

The partnership between Agoda and Hoshino Resorts exemplifies how taking actionable feedback seriously can lead to successful collaborations. Agoda now has the widest selection of Hoshino’s iconic properties available on its global platform, including the recent addition of new properties: HOSHINOYA Bali, HOSHINOYA Nara Prison, Hoshino Resorts KAI Matsumoto, Hoshino Resorts KAI Miyajima, and Hoshino Resorts KAI Zao. Notably, HOSHINOYA Bali is the first Hoshino property outside Japan to be available on Agoda, opening new doors for international travelers. 

For more information, visit Agoda.com and discover the best deals on Agoda’s mobile app.

— ENDS —

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SOURCE Agoda

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Olight’s Best-Selling Clip Light Evolves: Oclip 2 Series Rotates and Tilts to Aim Where You Need It

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HOUSTON, Sept. 21, 2026 /CNW/ — Olight launched the Oclip 2 Series during its O-Fan Day event, introducing the Oclip 2 Pro and Oclip 2 Ultra designed for mechanics, public safety professionals, outdoor enthusiasts and anyone who requires fully adjustable, hands-free lighting with multiple light sources. The Oclip 2 Series represents the next generation of Olight’s best-selling clip-light line, a product line with more than one million users worldwide.

Both models feature an all-new dual-axis design that tilts the head up to 115° and rotates the clip a full 360°, allowing the beam to be freely aimed as needed after mounting without repositioning the mounting point. Self-locking pivots hold the selected angle in place. Durability testing covered 10,000 clipping cycles for the clip and 10,000 rotation cycles for the dual-axis mechanism.

The Oclip 2 Pro integrates three lighting modes in one compact body: pure flood, spot, and red light. Flood output reaches up to 530 lumens, spot range up to 125 meters, and red output up to 40 lumens.

Building on the Oclip 2 Pro’s three-light configuration, the Oclip 2 Ultra adds UV light through an industry-first R/UV emitter that integrates red and UV light within its compact body, bringing the total to four light sources. Flood output reaches up to 580 lumens and spot range up to 130 meters, while UV output reaches up to 800 mW for inspections. Beyond lighting performance, the Oclip 2 Ultra adds an exclusive OAL aluminum body and head that combine high strength with scratch resistance, alongside the new OclipBeat breathing light, which changes color based on cumulative usage time.

Across the Oclip 2 Series, dual magnets at the MCC tail and clip allow the light to be secured to compatible metal surfaces in different orientations for hands-free illumination.

Both models support USB-C and MCC charging. Each Premium version includes a 1,000 mAh Mobile Charging Dock that automatically recharges the light on the go, extends total runtime to approximately twice that of the light alone, and displays the battery levels of both the light and dock.

The Oclip 2 Pro comes in Classic Black, High-Visibility Orange, and Tidal Blue, while the Oclip 2 Ultra comes in Olive Green, Onyx Black, and Amber Orange. Both models are available worldwide through the Olight Official Store, Amazon, and authorized retailers. Standard versions are priced at $49.99 for the Oclip 2 Pro and $69.99 for the Oclip 2 Ultra; pricing for other versions is available on the Olight Official Store.

About Olight

Founded in 2007, Olight is a global innovator in portable lighting, offering high-tech solutions for everyday carry, outdoor, tactical, and professional use. With over 1,200 patents and iF and Red Dot design recognitions, Olight serves users in over 100 countries.

Contact:
pr@olight.com 

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SOURCE Olight Group Co., Ltd

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Kakao Group Announces MoU with Fireblocks to Explore Digital Asset Opportunities in Korea

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Kakao Pay and Kakao Bank sign an MoU with global infrastructure leader Fireblocks to lay the groundwork for a digital asset ecosystem in KoreaThe companies will jointly explore Korean market opportunities in digital assets, including stablecoinsThe initiative aims to assess solutions suited to local regulatory, security, and service requirements

SEOUL, South Korea, Sept. 21, 2026 /PRNewswire/ — Kakao Pay and Kakao Bank have signed a memorandum of understanding with Fireblocks to explore secure digital asset infrastructure in Korea.

The agreement is intended to help establish secure onchain infrastructure for Korea’s emerging digital asset market and strengthen its early ecosystem. This initiative leverages Kakao’s nationwide reach, expertise across fintech and banking, and core blockchain technology. The companies expect their collaboration with Fireblocks—which has deployed digital asset infrastructure for over 2,500 global institutions including more than 100 banks—to accelerate that effort.

Under the agreement, the three companies will jointly explore business opportunities based on Korea’s market conditions and infrastructure demand. With a focus on stablecoins, they will explore digital asset distribution frameworks suited to Korea’s regulatory, security, and service requirements. They also plan to conduct proof-of-concept (PoC) tests to assess the applicability of these frameworks, as part of a shared effort to build the digital asset ecosystem.

“For banks and payment platforms in Korea, leveraging reliable digital asset infrastructure that is engineered to meet institutional requirements from day one is critically important,” said Michael Shaulov, CEO and Co-Founder of Fireblocks. “This is the prerequisite for widespread adoption, and Kakao Pay and Kakao Bank are setting the groundwork now.”

“We are pleased to collaborate with Fireblocks, the global leader in digital asset infrastructure,” said Yun Ho-young, CEO of Kakao Bank and Co-Head of Kakao Group’s Stablecoin Task Force. “By combining our technology and expertise, we will develop secure and accessible digital asset services that expand our customers’ financial opportunities.”

“The success of Korea’s emerging digital asset market depends on the reliable flow of digital asset distribution,” said Shin Won-keun, CEO of Kakao Pay and Co-Head of Kakao Group’s Stablecoin Task Force. “Our strategic alliance with Fireblocks, a leading global infrastructure provider, lays an important foundation for that.”

About Fireblocks

Fireblocks is the world’s most trusted digital asset infrastructure company, empowering global institutions to build, manage and grow their business on the blockchain. With the industry’s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting – enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations – including Worldpay, BNY, Galaxy, and Revolut – trust Fireblocks to secure $16 trillion in digital asset transactions across 200+ blockchains. Learn more at fireblocks.com 

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SOURCE Fireblocks

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