Advent plans to add IPH to Brammer to form €2.1bn business
Advent International, the private equity firm that bought the UK-based MRO (maintenance, repairs and operations) specialist Brammer earlier this year, is now negotiating to buy… Read More
Advent International, the private equity firm that bought the UK-based MRO (maintenance, repairs and operations) specialist Brammer earlier this year, is now negotiating to buy… Read More
The Oxfordshire bearings specialist, Bowman International, has bought Midlands-based John Handley Bearings which sells products from Thomson Industries, Cooper Bearings and NSK Linear. The acquisition… Read More
Siemens is setting up its Mechanical Drives (MD) business as a separate company, in a move that could lead to its eventual sell-off. Siemens says… Read More
ABB has appointed Stuart Melling to lead its variable-speed drives and controls business in the UK following the promotion of Neil Ritchie to a role… Read More
The US electric car-maker Tesla is buying a German automation specialist, Grohmann Engineering, to help it boost output from around 80,000 vehicles a year at… Read More
Altra Industrial Motion is buying the brake, clutch and couplings manufacturer Stromag from GKN for around €184m (£164m). GKN says the sale will allow it… Read More
The Switch, the Finnish specialist in advanced drivetrain technology which is owned by Yaskawa, is buying Wärtsilä’s marine drives business which produces Megawatt-scale drives for… Read More
Danfoss claims that it has become the world leader in hydraulic motors following approval from the competition authorities for it to proceed with its acquisition… Read More
Emerson is buying Pentair’s Valves & Controls business for $3.15bn in cash. It says that the acquisition will establish its global presence in control, isolation,… Read More
In a controversial deal, the Chinese appliance manufacturer Midea has acquired almost 95% of the shares in the German robot-maker Kuka. The German government had… Read More