Conglomerates – the End of an Era ??
The announcement by Honeywell (ranked #456 in The Global 5000) that it is splitting into three companies might very well have marked the end of the era of conglomerates. A few years back, GE went down a similar path and split itself up into three pieces. The main GE company (ranked #207) was a $122 […]
Remember That Covid Years(s)? —- a look at how Global 5000 companies adapt
While doing some company database updates for Global 5000 companies recently, we came across a couple of interesting cases that point out how businesses in different industries have to adapt very differently to market conditions. Covid hit hardest during 2020 but there were early signs at the end of 2019 and then it lingered into […]
Yearend (and Q4 2024) Updates for Global 5000 Database
We have completed our database updates for Q4 2024 with 390 updates and here’s a snapshot of what we are seeing at the end of the year: During Q4 2024, 63 new companies were added to the Global 5000 Currently, the Global 5000 companies report revenue exceeding $76.8 trillion. They employ over 171 million people. The average […]
Q3 2024 updates for Global 5000 Database
We have completed our database updates for Q3 2024, completing 1400 updates and here’s a snapshot of what we are seeing at the mid-year point: During Q3 2024, 33 new companies were added to the Global 5000 Currently, the Global 5000 companies report revenue exceeding $76.8 trillion. They employ over 171 million people. The average revenue per employee […]
Alaska Airlines Completes Acquisition of Hawaiian Airlines
Alaska Air Group, Inc. announced it has completed its acquisition of Hawaiian Holdings, Inc., a combination that expands guests’ access to domestic and international destinations, including through the Oneworld Alliance and a network of global partners, and offers a guest experience through two brands with legacies serving local communities.Acquisition ● Transportation ● North America Additional […]
Verizon is Buying Frontier Communications
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communications Inc. said that the acquisition will also shore up its foray into artificial intelligence as well as connected smart devices.Acquisition ● Telecommunications ● North America Additional Announcements BUSINESS SERVICESSafran Announces Acquisition of AI-firm PreligensBureau Veritas Acquires ArcVera Renewables CONSUMER, PERSONAL […]
Carlsberg to Buy Britvic
Carlsberg has agreed a £3.3bn deal to buy Britvic, the company which makes drinks such as Robinsons squash and J20. The Danish brewer said it would create a single beverage company called Carlsberg Britvic to grow its business in the UK and western Europe.Acquisition ● Food & Beverage ● Europe Smurfit Kappa Completes Acquisition of […]
Q2 2024 updates for Global 5000 Database
We have completed the Global 5000 database updates for Q2, 2024 which are now posted and available for client delivery. During the quarter, over 2300 records were updated, and all 5,000 company records have been updated within the past 12 months. During Q2, 37 companies were added (or returned to the list) replacing those that […]