Power transmission sale could raise $1bn for Emerson
Emerson Electric is planning to sell its mechanical power transmission business and could raise $1bn from the sale, according to a report from Reuters. The… Read More
Emerson Electric is planning to sell its mechanical power transmission business and could raise $1bn from the sale, according to a report from Reuters. The… Read More
The Gates Corporation, whose products include industrial belts and fluid power products, has been bought by the private equity group Blackstone for $5.4bn. Gates’ previous… Read More
The activities of Newall, the Leicester, UK-based manufacturer of linear encoders and digital readout systems, could be transferred to Tijuana, Mexico, if Schneider Electric’s planned… Read More
Schneider Electric has confirmed it is in talks to sell a majority stake in its Custom Sensors and Technologies (CST) business, which includes the brands… Read More
The UK-based engineering turnaround specialist Melrose Industries is selling its Italian motors and generators business, Marelli Motori, to the Carlyle Group for €212m in cash. Read More