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Petalstone Group: Difference between revisions
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(Created page with "'''Petalstone Group''' is a Caphirian global electronics and media conglomerate headquartered in the Bravantiva Province of the Imperium of Caphiria. It operates as a subsidia...") Tag: 2017 source edit |
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{{Infobox company | |||
| name = Petalstone | |||
| logo = Petalstone_Logo.svg | |||
| logo_size = 200 | |||
| logo_alt = | |||
| logo_caption = | |||
| image = | |||
| image_size = | |||
| image_alt = | |||
| image_caption = | |||
| romanized_name = | |||
| former_name = Petalstone Inc. (1970–2010) | |||
| type = Subsidiary | |||
| industry = Conglomerate | |||
| founded = 1 October 1970; 66 years ago | |||
| hq_location_city = [[Serracene]], [[Bravantiva]] | |||
| hq_location_country = [[Caphiria]] | |||
| area_served = Worldwide | |||
| key_people = {{ubl|Giovari Parofantone (President)| Navia Reschetta (Vice President)}} | |||
| products = Apparel, automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid state drives, DRAM, ships, telecommunications equipment, home appliances | |||
| brands = | |||
| services = Advertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail, shipbuilding | |||
| revenue = {{increase}} $250 billion | |||
| net_income = {{increase}} $135 billion | |||
| assets = $300 billion | |||
| parent = [[Quicksilver Industries]] | |||
| divisions = {{ubl|Petalstone Electronics|Petalstone Music Entertainment|Petalstone Pictures Entertainment}} | |||
| subsid = {{ubl|Petalstone Electronics|Petalstone Engineering|Petalsone Construction & Trading|Petalstone Heavy Industries|Petalstone Consulting Services|Petalstone Insurance|Rosewood-Meranti Worldwide}} | |||
}} | |||
'''Petalstone Group''' is a Caphirian global electronics and media conglomerate headquartered in the Bravantiva Province of the Imperium of Caphiria. It operates as a subsidiary of Quicksilver Industries and comprises of numerous affiliated businesses, most of them united under the Petalstone brand. | '''Petalstone Group''' is a Caphirian global electronics and media conglomerate headquartered in the Bravantiva Province of the Imperium of Caphiria. It operates as a subsidiary of Quicksilver Industries and comprises of numerous affiliated businesses, most of them united under the Petalstone brand. | ||
Petalstone was founded in 1970 as a trading company focusing on food processing, textiles, insurance, securities, and retail. It entered the electronics industry in 1987 and construction and shipbuilding industries in the mid-1990s; these areas would drive its subsequent growth. Since 2000, Petalstone has increasingly globalized its activities and electronics; in particular, its electronics and entertainment sectors have become its most important source of income. | Petalstone was founded in 1970 as a trading company focusing on food processing, textiles, insurance, securities, and retail. It entered the electronics industry in 1987 and construction and shipbuilding industries in the mid-1990s; these areas would drive its subsequent growth. Since 2000, Petalstone has increasingly globalized its activities and electronics; in particular, its electronics and entertainment sectors have become its most important source of income. | ||
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Petalstone was acquired by Quicksilver Industries in 2010 for $235 billion in a half-cash, half-stock deal which was the largest acquisition in the world. Despite parent company Quicksilver Industries being primarily known for its defense and military related business and companies, Petalstone is the second-most profitable subsidiary within the entire QSI portfolio behind Shockwave Industrial, generating almost a quarter of QSI's revenue since its acquisition. As of 2020, Petalstone has the 6th highest global brand value. Since its acquisition by QSI, Petalstone has launched numerous environmental practices and initiatives, such as committing to ending its use of coal and shifting to 100% renewable clean energy and being the first electronics manufacturer to fully eliminate all polyvinyl chloride (PVC) and brominated flame retardants (BFRs) in its complete product line. | Petalstone was acquired by Quicksilver Industries in 2010 for $235 billion in a half-cash, half-stock deal which was the largest acquisition in the world. Despite parent company Quicksilver Industries being primarily known for its defense and military related business and companies, Petalstone is the second-most profitable subsidiary within the entire QSI portfolio behind Shockwave Industrial, generating almost a quarter of QSI's revenue since its acquisition. As of 2020, Petalstone has the 6th highest global brand value. Since its acquisition by QSI, Petalstone has launched numerous environmental practices and initiatives, such as committing to ending its use of coal and shifting to 100% renewable clean energy and being the first electronics manufacturer to fully eliminate all polyvinyl chloride (PVC) and brominated flame retardants (BFRs) in its complete product line. | ||
== History == | == History == | ||