Minor Hotels and NH Hotel Group have signed an agreement to operate the Villa Padierna Palace, a hotel in Marbella in the south of Spain.
The property is owned by the Villa Padierna group and will be managed with immediate effect under a variable lease agreement. Following Minor Hotels’ acquisition of NH Hotel Group in October 2018, this agreement will see the first integration of the two companies’ portfolio of brands, with Villa Padierna to be rebranded to Minor Hotels’ core luxury brand Anantara Hotels, Resorts & Spas in the coming months.
Dillip Rajakarier, CEO of Minor Hotels, commented, “We are very happy to debut our luxury Anantara brand in Spain with the upcoming launch of Anantara Villa Padierna, Marbella Benahavis Resort, which at the same time demonstrates our commitment to integrate Minor Hotels and NH portfolio of brands and operational expertise across our joint and expanding geographical footprint.”
Ramon Aragones, CEO of NH Hotel Group, said, “This agreement marks excellent progress on our integration with Minor Hotels and the first opportunity for NH to offer Europe an ultimate luxury concept which connects travellers with authentic experiences in privileged destinations.”
CPT on growth path under deal with Siemens
CPT Drives and Power (CPT), a provider of electrical power systems for machinery control and large industrial motors, is on a growth path after becoming a licensed partner with Siemens, a leading global engineering firm, for the production of world-class power distribution panels and the sale of Siemens accessories.
This will enable CPT to tap demand in various industries and from infrastructure projects in Thailand. It expects to begin commercial operation in this year’s fourth quarter.
CPT chief executive officer Somsak Limprasert, yesterday revealed the licensed partnership.
Siemens will transfer its engineering know-how for the production of world-class standard power distribution panels. Siemens will also assist CPT in enhancing its capacity to serve businesses in virtually all industries that require reliable electrical power systems and advanced power distribution panels, which account for a more than 80-per cent share of the power distribution panel market. After striking the partnership deal, starting in this year’s second quarter CPT will send its staff for oveseas training to upgrade their skills for producing top-quality power distribution panels. It will then develop prototypes. It expects to commence commercial operation in the fourth quarter.
Joint venture for warehouse automation
Property developer Frasers Property (Thailand) has formed a 51-49 joint venture in a partnership with PBA Group, a Singapore-based technology provider of robotics and automation solutions across all industries.
“This strategic tie-up aims to meet the increasing demand of industrial robotics and automation, building on the strength of both parties, leveraging on FPT’s market leadership in Thailand and PBA Group technology-driven solutions,” said Sopon Racharaksa, president of Frasers Property (Thailand) Co Ltd.
PBA Group has developed a full suite of robotics and automation solutions, such as specialised material handling, automated forklifts, automated guided vehicles, robots, and collaborative robots. They are widely used in various industries across Southeast Asia markets
The growth in market demand was prompted by a declining price in robots and automation, rising e-commerce demand, increasing modernisation of warehouses and the government’s initiatives to drive the use of robotics and automation, according to a Wednesday news release from FPT.
Derrick Yap, CEO of PBA Group, said, “As a leading robotics and automation enabler in Southeast Asia, PBA Group is positioned as a technology partner who helps businesses in the Industry 4.0 economy.”
RACE Academy, PBA Group’s independent training academy, is committed to the education and promotion of robotics, automation, and digital manufacturing facilities. The educational programme will be launched to uplift the automation ecosystem by training and re-skilling the industry workforce.
“Participants will be able to learn about manufacturing automation and digital technologies through mentorship and applied training drawing on real-world projects. The RACE Academy programme is planned with the collaboration of Thailand’s leading university,” said Yap.