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Hilco Global buys ThyssenKrupp Steel’s plant in Germany

Amsterdam-based Hilco Industrial Acquisitions, BV, an operating company of US-based Hilco Global, has acquired all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com.Read more

Manav Kapur: M&A deals to rise in Indian auto industry

With start-ups in the electric vehicles (EVs) segment yet to create the perfect EV suitable for all Indian roads and manage scalability, merger and acquisitions (M&As) will rise over the years, says Manav Kapur, Executive Director, Steelbird International.Read more

STMicroelectronics unveils software tool to monitor runtime variable & customise visualisation

Using this tool users can simply drag and drop items and features to build custom dashboards, and quickly add widgetsRead more

STMicroelectronics to acquire majority stake in Gallium Nitride innovator Exagan

The acquisition will accelerate ST’s GaN expertise, roadmap and business for high-frequency, high-power automotive, industrial and consumer applications.Read more

Siemens to acquire C&S Electric in India to meet increasing electrification

This acquisition addresses rising demand for low-voltage power distribution in India. Siemens will acquire 99 per cent of C&S Electric Ltd. from its promoters.Read more

ELGi Equipments eyes the US market with Michigan Air Solutions acquisition

With this acquisition ELGi gains access to a significant customer base and opportunity for further expansion in North America.Read more

ACG acquires German pharma process equipment provider Xertecs GmbH

The Xertecs Centre of Excellence in Germany will serve as ACG Innovation Centre Europe.Read more

QuEST Global acquires Dakota Moon to deal with engineering issues in supply chain management

This acquisition is a part of QuEST’s vision to become the most recognized and trusted strategic partner to OEMs and Tier1 suppliersRead more

Gleason completes acquisition of Faessler Honing Business from Daetwyler Group

Global leader in gear technology solutions Gleason Corporation has completed its acquisition of the assets of Daetwyler Industries AG’s and MDC Max Daetwyler AG’s Faessler gear honing business. Read more

Beckhoff’s TwinCAT Scope multi-core oscilloscope meets OPC UA

In the context of Industrie 4.0 and big data applications, machine data acquisition and analytics are becoming increasingly important. The information must be presented in a clear and efficient manner, and the machine control system also has to cover a wide range of other smart components.Read more

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