Schaeffler AG signed a business combination agreement with Vitesco Technologies Group AG and announced a voluntary public tender offer for all Vitesco shares. The announcement was made from Herzogenaurach, Germany.

RHIEM Packaging & Print has invested almost EUR 2 million in new die-cutting machines at its Voerde site in Germany, raising production capacity by almost a third. The systems are now in production.

The Panther Group is building new halls and production lines at its Altonaer Wellpappenfabrik plant in Tornesch near Hamburg to expand production of folding box adhesive products. The project began in early 2023, a second folding box gluer is due in summer 2024, and the project is scheduled for completion in August.

China's Fusheng Industrial, backed by Oaktree Capital, acquired German industrial air compressor maker ALMiG Kompressoren, with ALMiG management reinvesting in the merged group. The deal expands Fusheng's presence in Europe.

Ebara Pumps Europe agreed to acquire Spandau Pumpen, SKF Lubrication Systems Germany's maker of screw-type and seal-less coolant pumps for machine tools, with production to move to Italy; the deal was expected to close at the end of September 2023.

Busch Vacuum Solutions has acquired centrotherm clean solutions, a maker of industrial gas abatement systems for the semiconductor and high-tech industries. The Blaubeuren headquarters and all jobs will be retained, and the deal is aligned with Pfeiffer Vacuum.

LESER plans to expand its Hohenwestedt, Schleswig-Holstein plant by 14,300 square meters for €41.2 million, with construction starting in February 2024. The expansion adds automated long-goods storage and new sawing machines.

Crown Holdings completed its acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany. The deal adds about one billion units of annual can capacity and assumes 200 current employees.

Prysmian PowerLink received new contracts worth about EUR 1.1 billion from German grid operator 50Hertz for the NOR-11-1 subsea and DC31 underground HVDC cable projects, announced on 29 September 2023.

RECUP GmbH took over reusable container manufacturer Crafting Future GmbH, which became its subsidiary, combining their reusable packaging expertise. The announcement is dated 28 September 2023.

Johnson Controls will install four 15 MW heat pumps at Hamburg's Dradenau wastewater treatment site to feed fossil-free heat into Hamburg Energie's district heating network from 2025, saving about 66,000 tons of CO2 a year.

Rheinmetall has developed a prototype propane (R290) e-compressor and heat pump module for electric vehicles, presented at the ATMO Europe Summit in September 2023, with market availability targeted by 2028.

German grid operator Amprion awarded GE Vernova's Grid Solutions business a contract for twelve 400 kV power transformers totaling more than 5,000 MVA, to be built in Mönchengladbach. Delivery is planned from 2025 to 2027.

SAMSON AG received final approval for its new factory at the Offenbach Innovation Campus, with construction started in August 2023 and completion scheduled by 2026. Production of electronic positioners is planned from October 2024.

Viega plans to invest more than 150 million euros by the end of 2028 to modernise and expand its Großheringen, Thuringia plant, its largest manufacturing site worldwide. About 100 new jobs will be created over five years.

Packaging specialist Papacks has opened a second hall at its Arnstadt, Thuringia site after investing around 14 million euros, and is planning a third gigafactory that will include a research institute. The company makes plastic-free, biodegradable packaging.

Ingersoll Rand is installing a rooftop photovoltaic system worth over $1 million at its Elmo Rietschle plant in Bad Neustadt, Germany, expected to generate about 5.66 MWp of solar energy in summer.

Rheinmetall's Hydrogen Products and Technology unit won an order worth a figure in the lower two-digit million-euro range from a European fuel cell specialist for heavy transport. Series production at its Berlin plant is set to run from 2026 to 2030.

Saueressig is building a new company building at its site on Ottensteiner Straße in Vreden, Germany, investing €18 million and creating new jobs.

Emerson agreed to acquire FLEXIM Flexible Industriemesstechnik GmbH, a Berlin-based maker of clamp-on ultrasonic flow measurement technology with about 450 employees. Flexim's Berlin headquarters is planned to become Emerson's Ultrasonic Flow Measurement Center of Excellence. No price was disclosed.

KSB, a pumps and valves manufacturer, has concluded new credit lines totalling EUR 550 million with a consortium of six banks, including a EUR 300 million revolving facility and a EUR 250 million guarantee facility. The term is five years with options to extend by up to two years. Hengeler Mueller advised on the financing.

Coca-Cola Europacific Partners (CCEP) collaborated with Petainer to develop a standardized 1L 'Universal refPET Bottle' for its refillable system in the German market. The design supports fill speeds of 36,000 bottles per hour.

Crown Holdings announced the acquisition of Helvetia Packaging AG's beverage can and end manufacturing facility in Saarlouis, Germany, adding about one billion units of annual can capacity. Completion is expected by the end of 2023, subject to German antitrust approval.

ait-group is acquiring and converting the neighbouring Maja-Werke site in Kasendorf, Germany, doubling its heat pump production capacity by up to 150,000 units. Production start is planned for early 2024 and the company aims to take over Maja employees.

Compressed air specialist Boge Kompressoren acquired Inmatec Gasetechnologie, a manufacturer of nitrogen and oxygen generators, effective 1 August 2023. Inmatec keeps its Herrsching site as an independent business unit under its own name.

Balluff plans to build a new distribution center near its headquarters in Neuhausen an der Fildern, Germany, by 2026. The project supports its growth strategy.

Allweiler plans extensive investments in the coming years at its Radolfzell site to modernise production and improve sustainability. The company is currently recruiting ten production workers to expand capacity.

Allweiler received a multi-year order from Damen, the Dutch shipyard that won the Bundeswehr tender, for complete pump packages for the Bundeswehr's new frigates.

SKF signed an agreement to sell Spandau Pumpen, its coolant pump business, to EBARA Pumps Europe S.p.A., a group company of EBARA Corporation. The divestment is expected to close at the end of September 2023 and is not material to SKF's financials.

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TD Deutsche Klimakompressor broke ground on its sixth construction phase in Straßgräbchen, Saxony, adding about 20,000 square metres and a high-bay warehouse, with completion planned for late 2024 and annual shipments rising from 6 to 8 million units.

PAPACKS opened its Gigafactory 2 in Arnstadt, Thuringia, more than doubling its production area with a completed extension. The company invested almost 30 million euros with state support of around 6 million euros.

thyssenkrupp Rasselstein will supply up to 3,000 tonnes of CO2-reduced bluemint packaging steel in 2023 to metal packaging maker Muhr & Söhne, which will use it for Sika Deutschland's tinplate pails.

Thimm Group has commissioned a CorruCUT rotary die-cutter from Koenig & Bauer at its Wolnzach site in Bavaria, investing about €5.5 million to add at least 30 million square metres of annual capacity.

Wellpappe Alzenau, part of Papierfabrik Palm, has begun ground surveys for a new corrugated board plant in the Alzenau-Nord industrial area, the first step of a project that also upgrades the existing city-centre site. The plant will consolidate the 250 employees of its Alzenau and Hasselroth-Gondsroth operations at one site.

Mondi plc completed the acquisition of the Western Europe packaging assets of Schumacher Packaging, adding corrugated converting and solid board operations in Germany, Benelux and the UK. The acquired plants include two mega box plants at Ebersdorf and Greven in Germany, and the deal adds over 1 billion square meters of capacity.

Statkraft and packaging maker ALPLA signed two long-term wind and solar power purchase agreements worth 76 GWh per year for 10 years, starting in 2024. The power comes from six solar parks in Bavaria and a wind farm in Schleswig-Holstein.

Johnson Controls agreed to supply four 15 MW heat pumps for Hamburg Wasser's Dradenau wastewater treatment plant, feeding district heating for Hamburger Energiewerke from about 2025. The project is expected to save around 66,000 tonnes of CO2 a year.

technotrans has won a serial order from ADS-TEC Energy for a bespoke cooling solution for its battery-buffered ChargePost ultra-fast charging station, with a total value in the single-digit million euro range. Production starts in the second quarter of 2023 at technotrans' new Steinhagen site.

TIPA Compostable Packaging acquired Bio4Pack, a European compostable packaging maker, on May 4, 2023. The deal adds paper packaging, trays and nets to TIPA's range and brings sales staff and warehousing in the Netherlands and Germany.

Progroup held the topping out ceremony for its new corrugated sheetfeeder plant at Petersberg/Höheischweiler, Germany, with production scheduled to start in the first half of 2024. The company is investing more than EUR 90 million, and the plant will supply board sheets directly to neighbour G&G Preißer.

Rengo subsidiary TRICOR Packaging & Logistics will build a new automated corrugated board plant in Goch, North Rhine-Westphalia, with a total investment of about EUR 170 million. Completion is targeted for July 2025.

Stiebel Eltron plans to invest 450 million euros in its Holzminden main plant to quadruple heat pump production capacity and roughly triple industrial jobs to about 1,200 by 2027.

WEIG Packaging, a folding carton printer in Emskirchen, concluded a further Equipment-as-a-Service subscription contract with Heidelberger Druckmaschinen and Munich Re Group companies, billed per printed sheet. The contract was signed at the beginning of 2023.

HUBER SE inaugurated its new production hall P3 at its headquarters in Berching/Erasbach, Germany, on 19 April 2023. The expansion lays the foundation for further growth and secures jobs.

Piller Blowers & Compressors is selling its hot gas circulator business unit, including two fan series, to Karl Klein Ventilatorenbau effective 1 June 2023. Piller will focus on blowers for steam compression.

German packaging company Packners has ordered a Bobst Masterline DRO flexo printing and rotary die-cutting line, plus further machines, for its new Emsbüren factory in north-west Germany. The line is Bobst's 600th rotary die cutter installed worldwide.

HANSA-FLEX AG has acquired Knapheide, a hydraulic systems supplier to German machinery makers with about 400 employees and revenue in the high double-digit millions of euros, as a strategic investment in mid-April 2023. Knapheide keeps its name and sites.

Sofidel has entered into an agreement with Hakle GmbH to acquire the Hakle trademark and other consumer brands such as Dick&Durstig and Servus, with IP rights and domains. Hakle GmbH will keep producing at its Düsseldorf-Reisholz site under a new name; the deal takes effect after regulatory authorization.

Krones selected Icertis Contract Intelligence to transform its sales and procurement contracting processes, integrating it with SAP Ariba and Salesforce. The system is managed from Krones headquarters in Neutraubling, Germany.