The Acquisition Represents the First Step in Datamax-O'Neil's Long-Term External Growth Strategy to Gain Market Share and Strengthen Its Leadership Position in the Global Auto-ID Market by Broadening Its Product Offerings and Global Presence
Datamax-O'Neil, part of Dover Corporation's (NYSE: DOV) Product Identification Platform and global provider of label and receipt printing solutions, has acquired Extech Instruments' Data Systems Division, one of the world's leading developers of portable printers for enterprise-wide applications. Extech Instruments, based in Waltham, Massachusetts is a subsidiary of FLIR Systems. The acquisition expands Datamax-O'Neil's portable printer portfolio, and strategically positions the company to gain market share and significantly grow its global customer base.
"This acquisition is an early example of our goal to distinguish Datamax-O'Neil as the clear leader in the auto-ID marketplace, with the industry's most complete product range and an aggressive plan for global marketshare growth," said Christian Lefort, president of Datamax-O'Neil. "I'm pleased to welcome Extech's portable printing division into Datamax-O'Neil and believe that this addition positions us and our combined channel partners to be more competitive and achieve greater success."
"Datamax-O'Neil has completed its unification and has now begun to implement its long-term strategy for sustained growth," said Omar Kerbage, president and CEO of Dover Corporation's Product Identification Group (PIDG). "The opportunity to better service our customers is now expanded with this acquisition, and I have confidence that the Datamax-O'Neil management team can execute an effective plan that will lead to market leadership with a superior suite of products, unmatched service, and the support and extensive resources available from Dover's PIDG."
Extech Instruments' portable printer division offers a diverse line of thermal and dot matrix portable printers that are sold worldwide through an expansive network of distributors and marketing partners. The division will be fully integrated into Datamax-O'Neil over a four month period, and the printers will be marketed under the Datamax-O'Neil brand. The printers will complement Datamax-O'Neil's premium portable printer portfolio with the addition of a full line of high-value, cost-competitive printers for mobile requirements, including Point-of-Sale (POS), hospitality, route accounting and field service. The printers will appeal to price sensitive applications, and are available in 2, 3 and 4 inch configurations.
About Datamax-O'Neil
Datamax-O'Neil is a trusted global provider of stationary and portable label and receipt printing solution products that enable manufacturing and supply markets to capture the benefits of automated product identification and automated legal and financial transactions. Datamax-O'Neil is the barcode and mobile printing business group of Dover Corporation's Product Identification Group (PIDG), a global platform entity with products and services covering all the leading marking technologies and applications. The company's products address a wide variety of applications, including those in the industrial, healthcare, retail, automotive and ticketing market sectors. Datamax-O'Neil is headquartered in Orlando, Florida, and maintains key facilities in California, Illinois, and France, as well as sales and technical support offices around the world.
About Dover's Product Identification Group (PIDG)
Dover Corporation's Product Identification Group (PIDG) is a world class business group with products and services covering all of the leading marking and labeling technologies and applications. PIDG is comprised of two industry leaders --Markem-Imaje and Datamax-O'Neil. The goal of PIDG is to help its customers integrate optimal product identification solutions into their supply chain operations to increase productivity and operating efficiencies. The PIDG is unique in several ways: it provides a global understanding of key account applications throughout the supply chain; a continuously updated global expertise; and worldwide best-in-class service and support.
Wednesday, December 16, 2009
‘Roses of the North’ Charity Exhibition
Flowers can make everyone feel happy…. H.E.Privy Councillor Palakorn Suwanrath and Thanpuying Dhasaniya Suwanrath recently presided over at ‘Roses of the North’ charity oil painting exhibition inspired by Bhubing Palace organized by L’Occitane and Baan Saen Doi Resort in Chiang Mai. The art of mercy rose oil painting exhibition was held at Peninsula Plaza and part of sales went to support schools and hospitals where are needed in Chiang Mai. Many kind hearted celebrities attended the event including Khunying Dhipavadee Meksawan, Mr.Harald Link, Arunee Bhirombhakdi, Atchara Tejapaibul, M.L.Sirichalerm Svasti, M.L.Thongmakut and Jarujit Thongyai, Yuwadee and Nidsinee Chirathivat, Dararatana and Toey Mahadumrongkul, Chadapah Snidvongs, Captain Deuntemduang Na Chiengmai, Pimpawan Limpichart, Joy Sopitpongstorn, Panitnuj Bunnag, Piranuj T.Suwan, Sodsoi Chomthavat, Mayura Savetsila, Wanchana Sawasdee and more.
The exhibition showcased of over 70 oil painting of roses flowers by artist and art lecturer Narin Phothisombat. Narin Phothisombat is a talented artist with an art degree from Chiang Mai Technology Rajchamonkol. His painting was inspired by roses from Phra Tamnak Bhubing Rajanives (Bhubing Palace). His painting reflected his pride and passions towards the beauty of nature for roses including Queen Sirikit, Eliza, Rouge Meilland, Queen Elizabeth and Royal Air Force.
In addition there was the charity auction on 2 oil painting pieces. The first one was the painting of Queen Elizabeth which won by Harald Link, CEO of B.Grimm for 120,000 Baht and the other piece on Queen Sirikit won by Arunee Bhirombhakdi for 75,000 Baht.
The exhibition showcased of over 70 oil painting of roses flowers by artist and art lecturer Narin Phothisombat. Narin Phothisombat is a talented artist with an art degree from Chiang Mai Technology Rajchamonkol. His painting was inspired by roses from Phra Tamnak Bhubing Rajanives (Bhubing Palace). His painting reflected his pride and passions towards the beauty of nature for roses including Queen Sirikit, Eliza, Rouge Meilland, Queen Elizabeth and Royal Air Force.
In addition there was the charity auction on 2 oil painting pieces. The first one was the painting of Queen Elizabeth which won by Harald Link, CEO of B.Grimm for 120,000 Baht and the other piece on Queen Sirikit won by Arunee Bhirombhakdi for 75,000 Baht.
Tuesday, December 15, 2009
NEW YORK STILL WORLD’S MOST EXPENSIVE RETAIL LOCATION AS PRIME RENTS BEGIN TO STABILISE ACROSS KEY MARKETS
Increasing Differentiation Between the “Best and the Rest” of Retail Units
Prime retail rents began to stabilise in many markets across the world in the third quarter of 2009, as economic and retail indicators started to show signs of greater stability and retailer confidence gained positive momentum. Retail rents globally fell by an average of 1% from the second quarter to the third quarter of 2009, according to CB Richard Ellis’ (CBRE) latest Global MarketView on the retail sector.
New York’s reign as the world’s most expensive retail market continued in Q3 despite a 25% rental decline over the past 12 months. Prime New York retail rents ended Q3 at THB 49,074 per square meter per month (US$1,640 per square foot per annum). Hong Kong and Paris retained their places as second and third in the global rankings, with rents of THB 29,205 and THB 25,644 per square meter per month (US$976 and US$857 per square foot per annum) respectively. Interestingly, the prime retail markets in Hong Kong, Paris, Sydney and London have demonstrated resilience to the global economic crisis, with stable rents over the past 12 months. Sydney has moved up the global rankings into fourth position; however this is primarily due to the strengthening of the Australian dollar relative to the US dollar. In contrast, Tokyo has seen an 18% decline in rents over the same period, but nevertheless maintained its ranking as fifth most expensive globally. Bangkok was in 73rd position with rents of THB 2,992 (US$100 per square foot per annum).
Peter Gold, Head of Cross-Border Retail in the Europe, Middle East and Africa (EMEA) region, commented: “Although consumers continue to take a cautious approach to spending, consumer confidence has been slowly recovering and is in positive territory in some economies. There are undoubtedly more challenges ahead for many retailers, but retailer confidence has also picked up over the course of the year and expansion into key mature markets and prime locations remains firmly on the agenda across many sectors, including grocery and value clothing retailers.”
According to a recent CBRE survey of 220 leading retailers on their expansion plans for 2010 in the EMEA region, on average 73 of the 200 retailers who are looking to expand (36.5%) plan to open more than 10 stores by the end of 2010. Twenty-five retailers (12.5%) are seizing the current market opportunity to expand more aggressively, opening 40 or more stores over the coming year. At the other end of the scale, 43% of retailers are planning to acquire no more than five stores in 2010 in the EMEA region.
Peter Gold continued: “The picture looks very different between prime and secondary retail space. With many retailers using the current market as an opportunity to ‘trade up’ to better stores and locations – as other retailers consolidate networks and create rare vacancies – a growing differentiation between ‘the best and rest’ of retail units has emerged. Prime retail rents in the top locations are generally quite stable and able to attract tenants; but secondary locations and smaller markets are experiencing rising vacancy, reduced retailer demand and falling headline rents.”
Europe, Middle East & Africa
The EMEA region continues to dominate the world’s most expensive retail markets, containing nine of the top 20 most expensive destinations. Paris, London and Moscow have emerged as the top three markets respectively in the Q3 ranking. The majority of markets saw a degree of stabilisation in prime rents over the summer, although the EU-27 Retail Rent Index decreased by 0.8% in Q3 2009, a decline of 4.0% year-on-year. Vacancy levels are generally low in top locations across the region, yet the definition of ‘prime’ has tightened in many markets. Retailers continue to demand incentives including turnover-based rents, where they feel they are in a strong negotiating position. Interestingly, with development pipelines of new shopping centres being cut across many markets, some retailers are now concerned about a future shortage of expansion opportunities in the coming years, particularly in emerging markets.
Americas
Lower interest rates and government infrastructure spending and incentives have kept consumer spending relatively stable in the Americas but down compared to a year ago. Retail market fundamentals have weakened overall, but not to the same extent as the office and industrial sectors. The region’s retail vacancy rates have increased marginally, as some retailers delay expansion and undertake strategic downsizing, but generally there have not been any drastic changes to the retail property landscape in Q3. U.S. cities continue to lead the most expensive retail rents in the Americas region. Los Angeles and Chicago made the top 20 global ranking at 11th and 15th position respectively, following New York as the most expensive global market.
Asia Pacific
The retail sector in the Asia Pacific region is recovering faster and better than expected, as government programmes and strong economic growth in many markets helped to restore consumer confidence. Hong Kong still ranks as the world’s second most expensive retail rental market, with values of THB 29,205 per square meter per month (US$976 per square foot per annum). Prime retail rents vary significantly across the different Asia markets, but in Q3 retail rents in most cities either declined at a slower rate, stabilised, or showed a slight up-tick. However, the threat of supply-side risk remains significant in certain cities in Mainland China, Singapore and India, where large amounts of shopping mall construction are expected to be delivered in the coming years. In the Pacific region, the retail sector has been surprisingly resilient this cycle, with low vacancy, strong demand and mostly stable rents.
Prime retail rents began to stabilise in many markets across the world in the third quarter of 2009, as economic and retail indicators started to show signs of greater stability and retailer confidence gained positive momentum. Retail rents globally fell by an average of 1% from the second quarter to the third quarter of 2009, according to CB Richard Ellis’ (CBRE) latest Global MarketView on the retail sector.
New York’s reign as the world’s most expensive retail market continued in Q3 despite a 25% rental decline over the past 12 months. Prime New York retail rents ended Q3 at THB 49,074 per square meter per month (US$1,640 per square foot per annum). Hong Kong and Paris retained their places as second and third in the global rankings, with rents of THB 29,205 and THB 25,644 per square meter per month (US$976 and US$857 per square foot per annum) respectively. Interestingly, the prime retail markets in Hong Kong, Paris, Sydney and London have demonstrated resilience to the global economic crisis, with stable rents over the past 12 months. Sydney has moved up the global rankings into fourth position; however this is primarily due to the strengthening of the Australian dollar relative to the US dollar. In contrast, Tokyo has seen an 18% decline in rents over the same period, but nevertheless maintained its ranking as fifth most expensive globally. Bangkok was in 73rd position with rents of THB 2,992 (US$100 per square foot per annum).
Peter Gold, Head of Cross-Border Retail in the Europe, Middle East and Africa (EMEA) region, commented: “Although consumers continue to take a cautious approach to spending, consumer confidence has been slowly recovering and is in positive territory in some economies. There are undoubtedly more challenges ahead for many retailers, but retailer confidence has also picked up over the course of the year and expansion into key mature markets and prime locations remains firmly on the agenda across many sectors, including grocery and value clothing retailers.”
According to a recent CBRE survey of 220 leading retailers on their expansion plans for 2010 in the EMEA region, on average 73 of the 200 retailers who are looking to expand (36.5%) plan to open more than 10 stores by the end of 2010. Twenty-five retailers (12.5%) are seizing the current market opportunity to expand more aggressively, opening 40 or more stores over the coming year. At the other end of the scale, 43% of retailers are planning to acquire no more than five stores in 2010 in the EMEA region.
Peter Gold continued: “The picture looks very different between prime and secondary retail space. With many retailers using the current market as an opportunity to ‘trade up’ to better stores and locations – as other retailers consolidate networks and create rare vacancies – a growing differentiation between ‘the best and rest’ of retail units has emerged. Prime retail rents in the top locations are generally quite stable and able to attract tenants; but secondary locations and smaller markets are experiencing rising vacancy, reduced retailer demand and falling headline rents.”
Europe, Middle East & Africa
The EMEA region continues to dominate the world’s most expensive retail markets, containing nine of the top 20 most expensive destinations. Paris, London and Moscow have emerged as the top three markets respectively in the Q3 ranking. The majority of markets saw a degree of stabilisation in prime rents over the summer, although the EU-27 Retail Rent Index decreased by 0.8% in Q3 2009, a decline of 4.0% year-on-year. Vacancy levels are generally low in top locations across the region, yet the definition of ‘prime’ has tightened in many markets. Retailers continue to demand incentives including turnover-based rents, where they feel they are in a strong negotiating position. Interestingly, with development pipelines of new shopping centres being cut across many markets, some retailers are now concerned about a future shortage of expansion opportunities in the coming years, particularly in emerging markets.
Americas
Lower interest rates and government infrastructure spending and incentives have kept consumer spending relatively stable in the Americas but down compared to a year ago. Retail market fundamentals have weakened overall, but not to the same extent as the office and industrial sectors. The region’s retail vacancy rates have increased marginally, as some retailers delay expansion and undertake strategic downsizing, but generally there have not been any drastic changes to the retail property landscape in Q3. U.S. cities continue to lead the most expensive retail rents in the Americas region. Los Angeles and Chicago made the top 20 global ranking at 11th and 15th position respectively, following New York as the most expensive global market.
Asia Pacific
The retail sector in the Asia Pacific region is recovering faster and better than expected, as government programmes and strong economic growth in many markets helped to restore consumer confidence. Hong Kong still ranks as the world’s second most expensive retail rental market, with values of THB 29,205 per square meter per month (US$976 per square foot per annum). Prime retail rents vary significantly across the different Asia markets, but in Q3 retail rents in most cities either declined at a slower rate, stabilised, or showed a slight up-tick. However, the threat of supply-side risk remains significant in certain cities in Mainland China, Singapore and India, where large amounts of shopping mall construction are expected to be delivered in the coming years. In the Pacific region, the retail sector has been surprisingly resilient this cycle, with low vacancy, strong demand and mostly stable rents.
Boots Natural Collection Multiple Blush Stick
Boots Retail (Thailand) Limited, our trust health and beauty introduces ‘Boots Natural Collection Multiple Blush Stick’, the multi-purpose makeup stick for eyes, cheeks and lips. The Boots Natural Collection Multiple Blush Stick is priced 135 Baht now available at Boots stores nationwide.
Boots Natural Collection Multiple Blush Stick, is inspired by the benefits of natural ingredients that will leave you looking and feeling fantastic. The Multiple Blush Stick is quick and easy to apply. Based on a blend of fruity, Vitamin E, Vitamin C and Vitamin A, the natural collection provides sheer color for creating shimmering accents and glowing complexion. The new product offers an array of shades including Petunia for sweet look, Strawberry Splash for teen and lively girls and Peach Melba for modern chic.
Boots Natural Collection Multiple Blush Stick, is inspired by the benefits of natural ingredients that will leave you looking and feeling fantastic. The Multiple Blush Stick is quick and easy to apply. Based on a blend of fruity, Vitamin E, Vitamin C and Vitamin A, the natural collection provides sheer color for creating shimmering accents and glowing complexion. The new product offers an array of shades including Petunia for sweet look, Strawberry Splash for teen and lively girls and Peach Melba for modern chic.
Gifts for Holiday Season at Boots From Now until January 3, 2010
From now until January 3, 2009, Boots Retail (Thailand) Limited, is now offering ‘Boots New Year Gifts’, the wide selection of lifestyle gifts for the New Year celebration 2010. Shop for less with the mix and match three items on health and beauty products for only 99, 199, 299 Baht or Buy One Get One Free! at over 160 Boots stores nationwide.
Products on special offer include Boots Botanics, Boots Soltan, Boots Time Delay, Boots Carribean Cocktail, Boots Ingredients, Boots Inecto, Boots Natural Collection, Boots the Garden Collection, Boots Natural Collection, Boots Moisturising Crème Bath, Royal Jelly, Boots Extremely C, Boots Royal Jelly, Boots Essential, Boots Caribbean Cocktail and more.
Products on special offer include Boots Botanics, Boots Soltan, Boots Time Delay, Boots Carribean Cocktail, Boots Ingredients, Boots Inecto, Boots Natural Collection, Boots the Garden Collection, Boots Natural Collection, Boots Moisturising Crème Bath, Royal Jelly, Boots Extremely C, Boots Royal Jelly, Boots Essential, Boots Caribbean Cocktail and more.
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