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Stock impact report

Joseph Ribkoff Secures Strategic Investments to Propel Global Expansion and Innovation [Yahoo! Finance]

Knowles Corporation (KN) 
Last knowles corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.knowles.com
Company Research Source: Yahoo! Finance
announce a significant new round of investments from long term investors Novacap and Fonds de solidarité FTQ, and from new investor DNA Partners. This strategic infusion of capital, along with Scotiabank/Roynat Capital as new lender, demonstrates continued support in Joseph Ribkoff's growth trajectory and provides the necessary resources for the Company to execute its ambitious vision for the future. Founded over 65 years ago and still headquartered in Montreal , Joseph Ribkoff employs over 500 talented people across 40 offices and showrooms worldwide. It is present in over 3,400 retailers in over 60 countries. In 2019 the Company inaugurated a European manufacturing and distribution facility which complements its existing operations in Quebec where it carries out most of its design, manufacturing, and commercialization activities. The brand's enduring success and expansion have been bolstered by an initial investment from Novacap and Fonds de solidarité FTQ in 2017. Under the lea Show less Read more
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