Deep Intelligence Across Industries

Company Headquarters: Australia Founded: 1860 Workforce: ~47,000 Company Working: Amcor plc (Amcor) is a leading packaging company that develops and manufactures flexible and rigid packaging solutions for applications in the food & beverages, pharmaceuticals, healthcare, home & personal care industries. The company operates through two segments, namely, flexibles and rigid packaging. Furthermore, the company also offers high-barrier foils and films through its subsidiary—Bemis Company, Inc. Amcor operates in more than 40 countries and has approximately 230 manufacturing sites worldwide. It has a presence across more than 40 countries across North America, Europe, Asia-Pacific, and Latin America. Bemis Company, Inc, Amcor Flexibles (Dandenong) Pty Ltd, Amcor Packaging (Asia) Pty Ltd, Amcor Flexibles (Port Melbourne) Pty Ltd, and Amcor Flexibles Group Pty Ltd are some of its subsidiaries.

Company Headquarters: Osaka, Japan Founded: 1918 Workforce: ~1,009 Company Working: Nitta Gelatin Inc. (Nitta Gelatin) is a leading gelatin and collagen peptide manufacturer and distributor with manufacturing facilities located in Japan, India, North America, Vietnam, and others. The company also manufactures stabilizers, edible gelling agents, and other food materials. Though the company has consolidated all its business segments into a single collagen business entity for financial reporting purposes, the four broad market segments the company is currently operating comprise of gelatin, peptide, biomedical and food material business. The consolidated group includes Nitta Gelatin NA Inc. (USA), Nitta Gelatin Canada, Inc., Nitta Gelatin USA, Inc., Vyse Gelatin, LLC, Nitta Gelatin Holding, Inc., Nitta Gelatin India Ltd., Bamni Proteins Ltd., Shanghai Nitta Gelatin Co., Ltd., Nitta Gelatin Vietnam Co., Ltd., and Hikone Gelatin Inc. The key raw materials used in the production of gelatin are porcine, fish, and bovine.

Tessenderlo Group is a family-controlled Belgian industrial conglomerate whose common thread is the maximal valorisation of molecules and by-products — summarised in its corporate motto "Every Molecule Counts." Following the 2023 absorption of Picanol Group, it operates five segments: Agro (sulphur-based liquid fertilisers, sulphate of potash and off-patent crop protection, with North America as the profit engine), Bio-valorization (PB Leiner gelatin/collagen and Akiolis rendering), Industrial Solutions (DYKA plastic pipes and Kuhlmann water-treatment chemicals), Machines & Technologies (Picanol weaving machines, Proferro foundry, Psicontrol electronics, Melotte and Osterwalder), and T-Power (a 425 MW gas-fired plant in Belgium). The group is in a strategic pivot: it is contributing PB Leiner to a 15%-owned collagen joint venture with Darling Ingredients, has bought a 20% "cornerstone" stake in FMC Corporation, and is reshaping itself into a hybrid of wholly owned operations and long-term minority listed holdings, under the direction of controlling shareholder and CEO Luc Tack. --- ### What the company does Tessenderlo Group manufactures and sells a diversified set of industrial and agricultural products. Its own description (FY2025 press release boilerplate), paraphrased: it is an industrial group concentrating on agriculture, the valorisation of bio-residuals, machinery, mechanical engineering, electronics, energy and industrial solutions with a water focus; it is headquartered in Belgium, active in over 100 countries, employs roughly 7,000 people, and builds its strategy around valorising every product and process to the maximum ("Every Molecule Counts"). ### Business model and revenue model | Revenue type | Segments | FY2025 revenue (EUR M) | Share of group | |---|---|---|---| | Industrial and agricultural products | Agro, Bio-valorization, Industrial Solutions | 2180.9 | 78.9% | | Capital equipment, components and aftermarket | Machines & Technologies | 504.3 | 18.3% | | Contracted energy (tolling) | T-Power | 77.9 | 2.8% | The group is overwhelmingly a product business. Revenue is generated by selling physical goods — liquid and solid fertilisers, crop-protection formulations, gelatin and collagen peptides, rendered fats and proteins, plastic pipe systems, inorganic water-treatment chemicals, weaving machines, castings and electronic controllers. Two elements diverge from the pure product model: **T-Power (contracted energy):** The 425 MW combined-cycle gas turbine (CCGT) plant earned a contracted tolling fee for 15 years under an agreement with RWE that ended on 30 June 2026. This produced an annuity-like EUR 55–62 M of Adjusted EBITDA per year at a 74–78% margin. A six-month tolling agreement with an unnamed major European energy company began on 1 July 2026, on terms that management says will not contribute significantly to 2H26 EBITDA. **Services and aftermarket (Machines & Technologies):** Picanol sells spare parts, upgrade kits, weaving frames and reeds (via GTP Global Textile Partner), training, and digital services through its PicConnect platform. These are not separately quantified. There is no material subscription or licensing revenue. Crop Protection (NovaSource) sells registered off-patent molecules under product labels, which is a regulatory-asset-based product model rather than licensing. ### Value-chain position Tessenderlo typically sits in the mid-stream conversion layer of its value chains. It converts by-products or commodity inputs (sulphur, muriate of potash (MOP), animal bones/hides/skins and slaughter by-products, PVC/PE/PP resins, scrap and pig iron, natural gas) into higher-value intermediate or finished goods. Two structural features stand out: 1. **By-product integration.** Sulphate of potash (SOP) production at Ham (Belgium) via the Mannheim process co-produces hydrochloric acid (HCl), part of which goes to Vynova for PVC production and part to ferric chloride (water treatment) at Kuhlmann Europe. Akiolis rendering supplies raw material and energy streams; the new biomass cogeneration plant at Saint-Langis-lès-Mortagne (inaugurated 9 April 2026) burns animal by-products for renewable power. 2. **Proximity to end users.** Crop Nutrition in the US sells largely through agricultural retailers and distributors. Picanol sells weaving machines directly to mills in more than 100 countries. ### Customer types and end-markets | End-market | Segment(s) | Customer types | |---|---|---| | Agriculture (row crops, specialty crops, horticulture) | Agro | Ag retailers, distributors, cooperatives, growers (US, Europe, Latin America) | | Food, nutrition, health and pharma | Bio-valorization (PB Leiner) | Food manufacturers, pharma/nutraceutical capsule makers, collagen-peptide brands | | Animal feed, pet food, oleochemicals, bio-energy | Bio-valorization (Akiolis) | Feed and petfood producers, oleochemical and biofuel users | | Building and construction, civil infrastructure | Industrial Solutions (DYKA) | Installers, wholesalers, utilities, contractors (Benelux, France, UK, Poland and others) | | Municipal and industrial water treatment | Industrial Solutions (Kuhlmann Europe, moleko) | Municipalities, water utilities, industrial plants | | Textiles | Machines & Technologies (Picanol) | Weaving mills (Asia, Turkey, Americas, Europe) | | General engineering, compressors, agricultural machinery, powder metallurgy | Machines & Technologies (Proferro, Psicontrol, Melotte, Osterwalder) | OEMs | | Electricity | T-Power | Tolling counterparty (utility/energy trader) | ### Independent characterisation Tessenderlo is best understood as a controlled holding-style conglomerate with an agricultural core. Agro now contributes about a third of revenue and about 40% of Adjusted EBITDA (FY2025: EUR 935.1 M revenue, EUR 117.8 M EBITDA). The remaining segments are a mix of (i) a structurally challenged European gelatin franchise now being merged into a Darling-controlled JV, (ii) cyclical construction-exposed pipes, (iii) a cyclical capital-goods business (Picanol) exposed to yen-advantaged Japanese competition, and (iv) a gas plant whose long-term contracted revenue has just lapsed. Group-level profitability has fallen sharply from the FY2021–FY2022 peak. Adjusted EBITDA margin fell from about 17% to about 10%, and IFRS EBIT went from EUR 288.1 M (FY2022 reported) to roughly zero in FY2025, as impairments, restructuring and FX losses accumulated. Cash generation has nonetheless remained solid: operating cash flow was EUR 225.7 M in FY2025 and EUR 333.2 M in FY2024. The 2026 capital-allocation shift — a USD 403 M debt-funded minority stake in FMC, plus a 15% non-controlling position in Nextida — signals that management intends to compound value partly through listed minority "cornerstone" holdings, not just through operations.

Company Headquarters: Texas, U.S. Founded: 1882 Workforce: ~9,900 Company Working: Darling Ingredients Inc. (Darling Ingredients) is a global company involved in the manufacturing and development of sustainable natural ingredients. The company’s product segments include food ingredients, feed ingredients, and fuel ingredients for a plethora of end-use industries comprising food (including pet food), animal feed, pharmaceuticals, personal care products, fertilizer, leather goods, fuel, and bioenergy. The company’s major product types comprise fats, proteins, bakery, used cooking oil, bioenergy, and biofuels, among others. In addition, it is also involved in environmental services including waste disposal of food service stores like restaurants, grocery stores, and supermarkets. Gelatin products of the company are marketed under its health brand Rousselot and are manufactured in the eleven production plants. The consumer base of the brand is spread across 75 countries with six sales locations. The key-end use industries of Rouseelot’s gelatin include food, pharma, and other technical applications. The recent acquisition of Gelnex strengthens the gelatin product portfolio of the company. Gelnex (Brazil) is one of the leading gelatin and collagen manufacturer in South America and has six production sites operated with a workforce of 1,000 employees

Company Headquarters: London, UK Founded: 1860 Workforce: 5,001-10,000 Company Working: Keller specialises in commercial construction. Agriculture, automotive, child care, cold storage, dental, educational, financial, fitness, funeral homes, industrial, warehousing, and retail projects are among the company's specialties. Keller serves customers in the UK and other internationals.

Company Headquarters: Schrobenhausen, Germany Founded: 1790 Workforce: ~ 12,000 Company Working: Bauer AG (Bauer) is a global construction contractor and equipment manufacturer. The company provides ground and groundwater-related products, equipment, and services. Bauer is responsible for general construction tasks such as civil engineering, environmental engineering, and project development. It also offers services like exploration, mining, and the protection of valuable natural resources. The company designs and manufactures infrastructure foundation engineering machinery, equipment, and tools. It offers products and services in a variety of industries, including water, energy, minerals, and environmental technology. The company has operations in Africa, the Americas, Asia-Pacific, the Middle East, and Europe.

Company Headquarters: Amsterdam, Netherlands Founded: 1888 Workforce: ~ 29,200 Company Working: Arcadis N.V. provides consulting and engineering services all over the world. The company conducts feasibility studies, creates projects, provides financial and legal consulting, aids in the permitting process, and provides design and maintenance services. It currently has over 350 offices spread across 40 countries. The Next 150 index includes the company.

Company Headquarters: California, US Founded: 1966 Workforce: ~ 21,000 Company Working: Tetra Tech, Inc (Tetra Tech) is a consulting and engineering firm. Research and technology, applied science, design, civil engineering, construction management, surveying and mapping, maintenance and operations, emergency management, and data analytics are among the solutions offered by the company. Tetra Tech serves a wide range of markets, including water, the environment, infrastructure, energy, resource management, and international development. The company operates in several countries, including the United States, the United Kingdom, Australia, China, Chile, Mexico, Colombia, Brazil, El Salvador, France, Georgia, Germany, Ireland, Panama, Puerto Rico, Haiti, South Korea, Qatar, the United Arab Emirates, Jordan, Iraq, Saudi Arabia, Thailand, Russia, Afghanistan, India, and Canada.

Company Headquarters: Texas, US Founded: 1947 Workforce: ~ 52,000 Company Working: Jacobs Solutions Inc (Jacobs), formerly known as Jacobs Engineering Group Inc, is a provider of technical professional services. To commercial, industrial, and governmental clients, the company provides a wide range of technical, professional, and construction services, as well as scientific and specialty consulting. Cybersecurity, data analytics, enterprise and mission IT, software application development, systems integration, artificial intelligence, and automation are among its technology and consulting services. Design-build for water and construction management are among its project delivery services. It sells products in the following categories: advanced manufacturing, cities and places, energy and environment, health and life sciences, infrastructure, national security, and space. The organization has operations in the Americas, Europe, the Middle East, Africa, and Asia Pacific.

KBR is a Houston-based provider of science, technology and engineering solutions. It has two distinct franchises. The first is Mission Technology Solutions (MTS), a ~USD 5.6B government-services business. MTS serves the U.S. Department of Defense, intelligence community, NASA and other civil agencies, the U.K. Ministry of Defence and the Australian Defence Force. Its work spans space, defense modernization, C5ISR, health and human performance, and global logistics and readiness. The second is Sustainable Technology Solutions (STS), a ~USD 2.2B, high-margin (~22% adjusted EBITDA margin) franchise. STS is anchored on more than 85 proprietary process technologies in ammonia/syngas, petrochemicals, clean refining and circular plastics. Around these it adds advisory, engineering and digital services. KBR is now in the final quarter before a planned January 2027 spin-off. MTS will become "Trinzic" (more than USD 5B revenue, ~18,000 employees). The remaining KBR ("New KBR", ~15,000 employees in more than 40 countries) will be a capital-light, IP-led lifecycle solutions company for energy, industrial and infrastructure markets. --- ### Company's own description In its FY2024 10-K, KBR described itself as delivering "science, technology, engineering and logistics support solutions to governments and companies around the world." It said it combines deep domain expertise with full life-cycle capabilities. Its stated capability set covers six areas: 1. National security and defense systems engineering, rapid prototyping, test and evaluation, acquisition support and sustainment engineering. 2. Operational expertise in space domain awareness, C5ISR, human spaceflight, satellite operations, integrated supply chain and military aviation support. 3. Advanced digital, AI/ML and information operations. 4. Scientific research, including quantum science, health and human performance, materials, life sciences and earth sciences. 5. Engineering and project management for energy security, decarbonization and energy transition, plus proprietary sustainability-focused process licensing. 6. Professional advisory services across defense, renewable energy and critical infrastructure. The 1 October 2026 press release describes the post-spin company differently. "New KBR" is described as "a global, capital-light lifecycle solutions company serving customers in high-complexity industrial, energy and infrastructure markets." ### Business model and revenue model KBR is overwhelmingly a services and technology-licensing company rather than a product manufacturer. Its revenue model has several components. **Government services (MTS, ~72% of FY2025 revenue).** - Contracts are predominantly cost-reimbursable (cost-plus-fixed-fee or award-fee), with time-and-materials and firm-fixed-price task orders alongside. - Work is delivered through single-award and multiple-award IDIQ vehicles, for example IAC MAC, OASIS+, SHIELD, WEXMAC, LOGCAP V and GLOBALCAP. - U.K. Private Finance Initiatives (PFIs) are 15–35-year availability-based contracts (Aspire Defence, UKMFTS/Affinity), largely held through equity-method JVs. - U.S. government revenue was 57% of consolidated revenue in FY2024 (USD 4,382M). U.K. government revenue was 9% (USD 674M) (FY2024 10-K). **Technology and services (STS, ~28% of FY2025 revenue).** **Licensing fees:** for proprietary process technologies, typically paid in milestones. **Proprietary equipment and catalysts:** STS signed its first long-term (10-year) ammonia catalyst supply agreement in Q1 FY2026. - **Front-end and detailed engineering**, project management consultancy (PMC) and advisory. - **Digitally enabled operations and maintenance services**, for example Petro Rabigh's 10-year maintenance contract. **Equity-method JV earnings:** Examples include the KZJV LNG project with Zachry (45%), Brown & Root Industrial Services (BRIS) (50%), and the legacy JKC Ichthys (30%). - KBR has deliberately exited lump-sum turnkey EPC risk. JV income is significant: equity in earnings of unconsolidated affiliates was USD 210M in FY2025 versus USD 107M in FY2024. **Subscription and licensing mix.** - KBR does not report a subscription line. - Licensing and proprietary equipment revenue is not separately quantified in the filings reviewed and is "not publicly disclosed" as a stand-alone figure. ### Value-chain position **MTS** sits at the high-end professional and technical services tier of the defense and space value chain. This covers systems engineering, mission operations, analytics and readiness. It is not a platform manufacturer and is typically a prime contractor. **STS** sits at the front of the industrial capital cycle: - technology selection and licensing; - feasibility and front-end engineering design (FEED); - advisory and PMC; - then into the operating phase through maintenance, turnarounds (via BRIS) and digital optimization. It largely avoids fixed-price construction. ### Customer types and end-markets | End-market | Representative customers | |---|---| | U.S. defense & intelligence | U.S. Army, Navy, Air Force, Space Force, Missile Defense Agency, NGA, NRO, other IC agencies | | U.S. civil / science | NASA, U.S. Geological Survey, NOAA, National Science Foundation | | International government | U.K. MoD and Crown services (incl. Ministry of Justice), Royal Australian Air Force/Navy/Army | | Energy & chemicals | NOCs and IOCs, e.g., Basra Oil Company, Petro Rabigh, BP (KBR SOCAR JV), Qatar offshore, ENKA | | Fertilizer / ammonia | Indorama Eleme, Pampa Energía, IGNIS | | Low-carbon fuels | NorSAF, Keppel/Aster, Power2X, Fikrat Al-Tadweer | | Circular plastics | Mitsubishi Chemical / ENEOS (Hydro-PRT plant) | ### Independent characterization KBR has spent a decade (2014–2025) transforming from a cyclical, risk-heavy hydrocarbons engineering and construction contractor into two businesses: **MTS:** a scaled, cost-plus government technical-services platform with mid-single-digit growth and ~10–12% adjusted EBITDA margins. **STS:** an IP-led industrial technology franchise with ~20%+ margins. The conglomerate discount between these two very different profiles is the explicit rationale for the 2027 spin-off. Equity-market performance has been weak: the share price is down ~27% over 52 weeks. This reflects several factors: - the HomeSafe termination in 2025; - EUCOM contingency run-off; - U.S. federal civilian funding pressure; - ~USD 10.6B of awarded work tied up in protests. Meanwhile underlying margins and cash conversion have improved materially.

Company Headquarters: New Jersey, US. Founded: 1967 Workforce: ~ 1317 Company Working: Balchem Corporation produces and sells specialty performance chemicals and goods for the industrial, food, pharmaceutical, animal health, sterilization of medical devices, plant nutrition, and nutritional sectors in the US and abroad. The company focuses on three major business segments such as human nutrition & health, animal nutrition & health, and specialty products. The food and beverage sector receives ingredients from the human nutrition & health division. Additionally, this division provides human grade choline supplements, mineral amino acid chelated products, and microencapsulation solutions for a variety of uses. The animal nutrition & health segment offers chelation technology, which offers enhanced nutrient absorption for a variety of species of companion and production animals, microencapsulated products to improve health and milk production, and nutrient supplements for ruminant animals, and choline chloride, a nutrient for monogastric animal health. Additionally, this segment promotes and offers for sale propylene oxide, a fumigant used to help prevent insects and microbiological spoilage as well as to lessen bacterial and mold contamination in processed spices, cacao beans, cocoa powder, raisins, figs, and prunes, as well as chelated minerals for high-value crops. The company have an extensive network of sales offices, production facilities, and R&D facilities, mostly in the US and Europe.

Company Headquarters: The Netherlands Founded: 1865 Workforce: ~ 21,358 Company Working: DSM is a global science-based company headquartered in the Netherlands. The company operates in the fields of Nutrition, Health, and Sustainable Living. DSM's business is divided into three main segments: Nutrition, Materials, and Innovation Center. The Nutrition segment produces a wide range of food and dietary supplements for humans and animals. DSM offers innovative solutions in areas such as nutritional ingredients, premixes, and customized blends for customers in the food and beverage, dietary supplement, and animal nutrition industries. The Materials segment offers high-performance materials such as engineering plastics, resins, and fibers. DSM's materials are used in industries such as automotive, electronics, and packaging. The Innovation Center is responsible for developing and commercializing new and innovative products and technologies across DSM's business segments. The center also focuses on sustainability and aims to create solutions that contribute to a more sustainable future. DSM operates in more than 50 countries worldwide. The company is committed to sustainability and has set targets to reduce greenhouse gas emissions, promote sustainable agriculture, and improve the circularity of its products.

Company Headquarters: New Delhi, India Founded: 1992 Workforce: ~200-500 Company Working: Manufacturer and exporter of specialty goods and biological food additives is one of the primary responsibility of Titan Biotech Limited. The business specializes in producing goods that are used in the industries of food and drink, medicines, biotechnology animal feed, agriculture, and microbiology. All biotechnology products are essentially favorable to microorganism development and their principal applications in the manufacturing of vaccines, antibiotics, agrobiotechnology, and animal feed. Additionally, the company's larger portfolio consists of about 2500 products that are produced under international standards. The business is more widely spread out over the world, notably in the Asia Pacific region. While working with reputable distributors on the international market, Titan Biotech Limited exports its goods to more than 35 nations worldwide. Additionally, Titan Biotech is a member of the All India Food Processors' Association (AIFPA), Capexil, and Pharmexcil. The company has its major presence in India holding upon the larger stake of business from the region.

Company Headquarters: Atlanta, Georgia, U.S. Founded: 1991 Workforce: ~24,000 Company Working: Graphic Packaging International, LLC (Graphic Packaging) is a leading provider of sustainable fiber-based packaging solutions. The company is involved in designing and manufacturing packaging for various products like food, beverage, food service, household, and other consumer products businesses. Graphic Packaging operates globally and is one of the largest manufacturers of folding cartons and fiber-based food service products in the U.S. and Europe. It holds leading market positions in the design and manufacturing of coated recycled paperboard (CRB), solid bleached sulfate paperboard (SBS), and coated unbleached kraft paperboard (CUK). The company has over 130 facilities worldwide that provide innovative packaging solutions to many of the world's recognized companies and brands.

Company Headquarters: Longarone, Italy Founded: 1978 Workforce: ~3,158 Company Working: De Rigo SPA is involved in the manufacturing, designing, and distribution of eyewear and sunglasses, it is a family-owned business. The company has a presence in over 80 countries, owing 18 branches, and 100 independent distributors across global which includes France, United States, Portugal, Brazil, Japan, China, Dubai, Australis, Croatia, Spain, Turkey, Germany, Hong Kong. Few of the companies distribution channel are General Optical, Mais Optical, Boots Opticians, and Opmar Optik. The brand portfolio that are owned by company are Police, Lozza, Sting, Yalea and other licenced brand that company owns are Aramis Eyewear, Chopard Eyewear, Escada, Fila Eyewear, GAP, Furla, Jones New York, Lucky Brand, and many more.

Company Headquarters: Longarone, Italy Founded: 1961 Workforce: ~5,000 Company Working: Marcolin SPA (Marcolin) is engaged in the eyewear industry that manufactures and designs sunglasses & optical frames for most of the brands in the sector. The companies brand portfolio includes Adidas Originals, Adidas Sport, Bally, Barton Perreira, BMW, Gant, GCDS, Guess, Longines, Marciano, Max Mara, Max&Co, Moncler Lunettes, Omega, Pucci, Swarovski, Timberland, Tod’s, Tom Ford, Web Eyewear, Zegna. The company has 150 distribution partners in more than 125 countries, 14 branches, and two joint ventures. The company has several subsidiaries that handles distribution in Europe, US, and branches in Brazil, & Hong Kong.

Company Headquarters: Hamburg, Germany Founded: 1972 Workforce: ~22,000 Company Working: Fielmann AG (Fielmann) is a family-owned business engaged in the manufacturing of glasses, contact lenses, and related eyewear products. It has an omnichannel business model covering digital sales channels, with more than 900 branches. The company supplies sunglasses, glasses, contact lenses, and hearing aids. The company operates through various subsidiaries and retailers across Germany, Switzerland, Luxembourg, the Netherlands, and Poland. The company owns various brands of sunglasses which includes, Adidas, Alexander McQueen, Bogner, Bolle, Boss, Botaniq, Burberry, Calvin Klein, Carolina Herrera, Carrera, Chiara Ferragni, Chleo, Converse, Cebe, David Beckham, Davidoff, Diesel, DKNY, Dsquared2, ell, Emporio Armani, Ermenegildo Zegna, Escada, Esprit, Fell Man, Fila, Furla, Gant, Givenchy, Gucci, Guess, Hackett, Hugo, Humphrey’s, Isabel Marant, Jaguar, Yup, Julbo, Karl Lagerfeld, Kate Spade, Kenzo, Lacoste, Levi’s, Liu Jo, Lozza, Marc Jacobs, Max Mara, Mexx Eyes, Nike, Pepe Jeans, Ray Ban, Smith, Woodland, and more.

Company Headquarters: Padua, Italy Founded: 1934 Workforce: ~4,545 Company Working: Safilo Group S.P.A (Safilo) is a manufacturer and designs sunglasses & optical frames, helmets, goggles, and sports glasses. The company has a global presence with its own production facilities, showrooms, offices, and design studio in Milan, New York, Padua, Hong Kong, and Portland, with 40 subsidiaries in 40 countries, and a network of more than 50 qualified partners over 70 other countries. The company has its own brand portfolio with more than 30 brands, the portfolio covers all consumer segments, from Fashion Luxury with Boss, Carolina Herrera, Jimmy Choo, Isabel Marant, Missoni, PORTS, Moschino, Lifestyle with Carrera, Chiara Ferragni, Dsquared2, Eyewear by David Beckham, Marc Jacobs, Levi’s, Tommy Hilfiger, Tommy Jeans, kate spade new york, Banana Republic, Fossil, HUGO, Juicy Couture, Liz Claiborne, Love Moschino, M Missoni, Pierre Cardin, and rag&bone, and Sports & Outdoor includes Smith and Under Armour, Mass Cool segment which covers Blenders, Havaianas, Polaroid, Privé Revaux and Seventh Street.

Company Headquarters: Charenton-le-Pont, France Founded: 2018 Workforce: ~ 1,80,000 Company Working: EssilorLuxottica the group develops, designs, and manufactures ophthalmic lenses, frames, and sunglasses. In 2018, Essilor International SA (France) and Luxottica (Italy) have been merged together and have been named EssilorLuxottica in the eyewear industry. The company has two complementary competence that is one is advanced lens technologies, and the other one is distinctive eyewear. The company has 70 manufacturing plants for frames, and 85 manufacturing plants for the lens. In 2021, the company GrandVision officially became part of EssilorLuxottica. Grand Vision is an optical retailer with more than 7,200 stores, in more than 40 countries and has an omnichannel platform that provides services for eyecare along with eyeglasses, sunglasses, contact lenses, and eyecare products. The brand portfolio that the company owns is Alain Mikli, Armani Exchange, Arnette, Barberini, Bolon Eyewear, Burberry, BVLGARI, Chanel, COACH, Costa Del Mar, Dolce & Gabbana, Emporio Armani, Foster Grant, Michael Kors, Molsion Eyewear, Oakley, Oliver Peoples, Persol, Polo Ralph Lauren, PRADA, Ray-Ban, Tiffany & Co., Tory Burch, Versace, and Vogue Eyewear.

Company Headquarters: Victoria, Australia Founded: 1987 Workforce: ~200 Company Working: Compumedics Limited creates computer-based medical monitoring and diagnostic equipment for hospitals, clinics, universities, and research organizations worldwide. The equipment tracks sleep, brain activity, and blood flow. It is divided into sleep diagnostics, neurology diagnostics, and brain research. Through the Compumedics Neuroscan brand, the company designs and manufactures technologies to diagnose sleep disorders, neurodiagnostic solutions from clinical to research, and brain research technologies. Compumedics Limited has a market share of approximately 80% in the Australian sleep diagnostic market and a growing international business, particularly in the US, which has the world's largest medical device market. It has received numerous awards and accolades over the years, including Australia's exporter of the year and recognition as a Top 100 Innovator by both the German and Australian governments. It owns Neuroscan (US) and DWL Elektronishe Systeme GmbH (Germany). It has a broad international reach in conjunction with these two subsidiaries, including the Americas, Australia and Asia-Pacific, Europe, and the Middle East. Its corporate family consists of ten companies.

Company Headquarters: California, US Founded: 1989 Workforce: ~1,729 Company Working: Natus Medical Incorporated is a leading company of medical devices and software. It is a service provider for newborn care, neurology, sleep, hearing, and balance markets. The company's products are used by medical professionals in university medical centers, hospitals, private practices, clinics, and research laboratories worldwide. The company's comprehensive neurodiagnostic solutions are used in the diagnosis of neurological conditions such as epilepsy, sleep disorders, and neuromuscular diseases. The neurocritical care solutions include the management of traumatic brain injury by continuous monitoring of intracranial pressure and cerebrospinal fluid drainage. The neurosurgical solutions provide options that promote dural healing in the cranium and treatment solutions for procedures involving hydrocephalus.

Company Headquarters: US Founded: 1999 Workforce: ~30,000 Company Working: Semiconductor Component Industries, LLC (OnSemi), is an intelligent sensing and power solution. The Company's segments include the Power Solutions Group (PSG), the Advanced Solutions Group (ASG), and the Intelligent Sensing Group (ISG). Analog, discrete, module, and integrated semiconductor products are available from the PSG section. For a base of end-users in various end markets, the ASG segment designs and develops analogue, mixed-signal, advanced logic, application specific standard products (ASSPs) and application specific integrated circuits (ASICs), radio frequency (RF), and integrated power solutions. The ISG segment designs and develops complementary metal oxide semiconductor (CMOS) image sensors, image signal processors, single photon detectors, such as Silicon photomultipliers (SiPM) and Single photon avalanche diode (SPAD) arrays, as well as actuator drivers for autofocus and image stabilisation.

Company Headquarters: Japan Founded: 2003 Workforce: ~46,751 Company Working: Asahi Kasei Corporation is mainly engaged in material business, housing business and others. the Asahi Kasei Micordevices is a subsidiary of Asahi Kasei Corporation. Asahi Kasei Micordevices manufactures and market wide range of advanced sensing devices and compound semiconductor technology and sophisticated IC products featuring analog/digital mixed-signal technology. The company majorly developes magnetic senors, gas sensors and semicondcutors, the manufacturing facility based in Japan the operates in the global market.

Company Headquarters: California, US Founded: 1986 Workforce: ~7,000 Company Working: Aruba is a part of Hewlett Packard Enterprise company, the company is among the major manufacturers of network access solutions. The company manufactures Mobility-Defined Networks used in the IT department. The company offers wireless solutions including access points, remote access points, gateway and controllers, access switches and campus core & data center switches, network access control, unified threat management, and beacons & tags. The company has operations in the Americas, Europe, the Middle East, and Asia Pacific regions.

Company Headquarters: US Founded: 1930 Workforce: ~ 42,500 Company Working: Lumen Technologies (Lumen) is a telecommunications-based industry. Company offers solutions in communications, network services, security, edge computing solutions, cloud solutions, voice, and managed services. Company’s communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line (including special access), Ethernet, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology, and other ancillary services. Company has established global presence via clients across North America, South America, Europe, Middle East, Africa and Asia Pacific.

Company Headquarters: Taiwan Founded: 1995 Workforce: ~1,600 Company Working: ADLINK Technology Inc. (ADLINK) designs and manufactures products for embedded computing, test & measurement, and automation applications. Motherboards, blades, chassis, systems, test & measurement products, smart touch computers, displays, and handhelds devices are some of the popular products manufactured by the company. ADLINK provides building blocks and domain specific IIoT platform solution and has various industrial applications in the industrial automation, communications, and medical, transportation and defense industries. It also offers edge cloud server and mobile edge computing platform specifically designed for extreme and harsh outdoor conditions. Other than Taiwan, the company operates through offices located in the US, China, Korea, Japan, and others. The company offers various technologies such as Advanced Manufacturing, Building IoT with ADLINK, Extreme Rugged, Verification & Validation Lab, OCCERA, SEMA, and Technology Standards.

Company Headquarters: US Founded: 1939 Workforce: ~ 60,400 Company Working: Hewlett Packard Enterprise Development LP (HPE) is a global technology company that focuses on the development of intelligent solutions that allow its customers to analyse, capture, and act upon data seamlessly from edge to cloud. The company has organized its business into the following three segments: hybrid IT, intelligent edge, and financial services. The hybrid IT segment provides software-enabled infrastructure and services-led solutions, including secure, software-defined servers, storage. This segment provides data center networking solutions, combining the HPE’s hardware with its software and services to provide hybrid IT solutions for its customers. The intelligent edge provides enterprise networking and security solutions for its customers, offering them secure connectivity for campus and branch environments, operating under the Aruba brand. The financial services segment provides financial architectures, flexible IT consumption models, and customized investment solutions for its customers. The company operates in Americas, Europe & MEA, and Asia-Pacific.