ABB takes control of Bosnian developer to create AI R&D hub
18 January 2024 ABB is buying a majority stake in the Bosnian software service provider Meshmind to expand its R&D capabilities in AI, industrial IoT and machine vision. Read More
15 Sep 2026
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AUTOMATION FOR MANUFACTURING
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18 January 2024 
WEG opens motors plant in Turkey and expands in Brazil
26 July 2023 The Brazilian motor and drives manufacturer WEG has opened a plant in Turkey to assemble electric motors and provide technical support for customers in the… Read More
Emerson buys NI for $8.2bn to expand into T&M automation
13 April 2023 Emerson is buying and National Instruments in a transaction that values NI at $8.2bn. The aim is to expand its activities to include test and… Read More
BGEN buys Radway to boost its industrial automation activities
15 September 2022 BGEN, the multi-discipline engineering business previously known as Boulting, has acquired Radway Control Systems to strengthen its industrial automation offering. The purchase will support BGEN’s… Read More
Smart linear conveyor system sales will hit $1bn by 2026
14 September 2022 The global market for “smart” production line conveyor systems – both linear and planar – is outpacing the general manufacturing and machinery market and will… Read More
Rexroth takes control of Danish 7-axis cobot-maker
22 March 2022 Bosch Rexroth is taking a majority stake in Kassow Robots, a Danish manufacturer of seven-axis collaborative robots (cobots). The companies have agreed not to disclose… Read More
Invertek invests £10m to boost capacity and create 85 jobs
20 December 2021 The Welsh drives-maker Invertek Drives is investing £10m to expand the manufacturing and distribution facilities at its global headquarters in Welshpool, and to develop a… Read More
Sumitomo buys Welsh drives-maker, Invertek, for £100m
27 September 2019 Japan’s Sumitomo Heavy Industries (SHI) is buying the Welsh driver-maker, Invertek Drives, for around £100m (13 billion Japanese Yen). SHI says it is planning “significant… Read More
Nidec takes 70% stake in German gearbox manufacturer, Desch
1 February 2019 The Japanese motors and drives giant Nidec is acquiring a 70% stake in the German precision gearbox and drive component manufacturer, Desch Antriebstechnik, and its… Read More
Sumitomo buys Italy’s Lafert for €172m to boost its motors arm
29 May 2018 Japan’s Sumitomo Heavy Industries (SHI) is buying the Italian electric motor manufacturer Lafert for €172.65m to reinforce its position in the motors market, to expand… Read More
