21 September 2018 The US-based Barnes Group is expanding into the automation and robotics sector by buying the Italian automation and robotics supplier Gimatic for €370m ($435m) in… Read More
23 August 2018 The UK test equipment manufacturer Megger Group has entered into an agreement with SKF to purchase its Baker Instrument business which makes equipment for testing… Read More
2 August 2018 SKF is selling its linear and actuation technology business, SKF Motion Technologies, to the venture capital company Triton for a total of SEK 2.75bn ($310m)… Read More
25 July 2018 The US bearings and power transmission company, Timken, is buying the precision mechanical drives manufacturer, Cone Drive, from Scotland’s Clyde Blowers Capital (CBC), for an… Read More
4 July 2018 China’s largest electric motor manufacturer, Wolong Electric, has bought GE’s Small Industrial Motors (SIM) business for $160m in cash. The deal covers the design, development,… Read More
3 July 2018 ABB has completed its $2.6bn acquisition of GE Industrial Solutions (GEIS), GE’s global electrification solutions business, to strengthen its position as global number two in… Read More
2 July 2018 JC-Electronics, a Dutch company that specialises in refurbishing industrial electronics, has acquired Dax Automation, the UK-based supplier of new, refurbished and obsolete industrial automation electronics,… Read More
22 June 2018 Six months after he was appointed president of the Welsh drives-maker, Control Techniques, Tony Pickering is not mincing words. The company is half the size… Read More
17 May 2018 Emerson is buying Bosch Rexroth’s former pneumatics business, now known as Aventics, for €527m in cash from its current owner, the German-Scandinavian investor, Triton, which… Read More
9 January 2018 The American power transmission and water management corporation, Rexnord, is buying the German mechanical couplings manufacturer, Centa Power Transmission (Centa Antriebe Kirschey), for an undisclosed… Read More
