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OMRON to acquire US-based industrial code reader company, Microscan Systems
OMRON Corporation (Headquarters: Shimogyo-Ku, Kyoto; President and CEO: Yoshihito Yamada) recently announced that it has entered into an agreement with Spectris plc in the UK regarding its acquisition of the US-based subsidiary of Spectris, Microscan Systems, Inc. (Microscan Systems).Read more
OMRON to acquire US-based industrial code reader company Microscan Systems,
OMRON Corporation (Headquarters: Shimogyo-Ku, Kyoto; President and CEO: Yoshihito Yamada) recently announced that it has entered into an agreement with Spectris plc in the UK regarding its acquisition of the US-based subsidiary of Spectris, Microscan Systems, Inc. (Microscan Systems).Read more
ESPRIT delivers solutions for Industry 4.0 Smart Manufacturing
DP Technology is helping factories of the future prepare for the digital transformation that’s taking place in manufacturing, with solutions including digital twinning, digital threads, machine-aware manufacturing, knowledge-based machining and cloud-enabled databases. Read more
Ametek Land India's calibration laboratory secures best in class for NABL accreditation
The AMETEK Land calibration laboratory in India has been assessed and accredited against the ISO/IEC 17025:2015 standard in the field of calibration, as approved by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The laboratory secured the best calibration measurement capability of any laboratory in India for the 0 to 550°C range.Read more
LANXESS continues to expect record earnings for 2017 following strong second quarter
Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 per cent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals improved by around 25 per cent to EUR 367 million, compared with EUR 293 million in the prior-year quarter. Read more
Piramal Finance Limited accelerates its presence in the auto sector
Piramal Enterprises Limited, through its subsidiary Piramal Finance Limited, has financed INR 400 crore to Hema Engineering Industries Limited (Hema). Proceeds from this loan will be used to refinance existing term lenders and fund the company’s capex plans. The deal was made through Corporate Finance Group (CFG), erstwhile Structured Finance Group, of Piramal Finance Limited. Gurgaon based Hema Engineering is a 2 wheeler focused Tier-1 vendor of fabricated components to clients like HeroRead more
Honeywell completes acquisition of Nextnine Ltd
Honeywell (NYSE: HON) has completed its acquisition of Nextnine Ltd., which was started on June 13, 2017. Nextnine is a privately held, leading provider of industrial cyber security solutions.Read more
Showa Denko to acquire assets, concerning power devices SiC
Showa Denko ("SDK"; TSE:4004) has decided to acquire assets concerning sublimation-recrystallisation method to manufacture silicon carbide (SiC) wafers from Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Nippon Steel & Sumikin Materials Co., Ltd. (NSMAT) by around the end of January 2018.Read more
HOYA Corporation accomplishes acquisition of Performance Optics, LLC
HOYA Corporation (HOYA) announced the completion of the acquisition of Performance Optics, LLC, including its subsidiaries VISION EASE and Daemyung Optical. Performance Optics is a global ophthalmic lens manufacturer specialising in polycarbonate, photochromic, polarized and high index eyeglass lenses.Read more
ASSA ABLOY Acquires SMI in India
ASSA ABLOY has acquired SMI (Shree Mahavir Metalcraft), a leading OEM manufacturer of architectural hardware in India. "I am very pleased to welcome SMI into the ASSA ABLOY Group. The acquisition of SMI delivers on our strategy to grow our presence in emerging markets", says Johan Molin, President and CEO of ASSA ABLOY.Read more