6 April 2023 The UK-headquartered industrial automation and controls distributor, the Routeco Group, has acquired the Swiss business Swibox Automation for an undisclosed sum. The acquisition will strengthen… Read More
30 October 2020 Siemens is selling its Flender mechanical and electrical drives business to the global investment firm, The Carlyle Group, for €2.02bn. Further details of the transaction… Read More
11 May 2020 Siemens has announced plans to spin off its Flender mechanical power transmission business, which it describes as “the world’s leading manufacturer of mechanical drive systems”. Read More
4 March 2020 The organisers of the world’s largest industrial exhibition, the Hannover Fair, have decided to postpone this year’s event from 20–24 April to 13–17 July, in… Read More
13 September 2017 A group of machine-builders and software developers – consisting of DMG Mori, Dürr, Software AG, Zeiss and ASM PT – have formed a strategic alliance… Read More
14 July 2017 The German sensor specialist Sick has announced an industrial camera that captures high-resolution 3D images of stationary or moving objects with a single “snapshot”. Unlike… Read More
29 June 2017 Siemens has announced that its mechanical drives (MD) business will operate as a separate, wholly-owned subsidiary to be known as Flender GmbH, a Siemens company,… Read More
7 April 2016 Siemens and Airbus have signed a long-term collaboration agreement aimed at demonstrating the technical feasibility of hybrid/electric propulsion systems for aircraft by 2020. They have… Read More
16 September 2013 The Swiss mechanical and vehicle engineering group Bucher Industries is buying the German automation specialist Jetter AG in a deal that values Jetter at about… Read More
30 July 2013 ABB is buying Alstom’s ring motor business to enhance its gearless mill drive (GMD) activities. The business, based in Bilbao, Spain, has about 120 employees… Read More
