Emerson Radio Corp., along with its affiliated companies, is actively involved in the global development, sourcing, distribution, and sale of a diverse selection of household goods and consumer electronics, all marketed under the Emerson brand. Its comprehensive product range encompasses domestic appliances such as microwave ovens, compact refrigeration units, wine coolers, and toaster ovens. The company also offers various audio equipment, including clock radios, Bluetooth-enabled speakers, and wireless charging devices. Beyond these, their offerings extend to personal care and security items like massagers, electric toothbrushes, and security products. Furthermore, Emerson Radio Corp. grants licenses for its established trademarks to other entities across the globe for use with various products. The company primarily sells its merchandise through major retail chains and a multitude of online e-commerce platforms. Established in 1912, Emerson Radio Corp.'s main corporate office is located in Parsippany, New Jersey.
The Elmet Group to Acquire 4.99% Stake in Masan High-Tech Materials and Enter Multi-Year Tungsten Supply Partnership for the U.S. Market
The Elmet Group (ELMT) agreed to acquire a 4.99% stake in Masan High-Tech Materials (UPCoM: MSR) at an implied US$2.5 billion equity valuation, purchased from a subsidiary of Masan Group (HOSE: MSN).
Alongside the equity investment, the companies signed 8+ year agreements committing approximately 1,250 tonnes of WO3-equivalent annually — an estimated US$1.5 billion in aggregate gross revenue to MSR — securing ELMT's tungsten supply for the U.S. market.
The deal, targeted to close in the first half of October pending regulatory approvals, converts a twelve-year supplier relationship into locked-in, vertically aligned supply-chain security for ELMT's North American tungsten business.