Emerson agreed to acquire all AspenTech common stock it does not already own at $265.00 per share via an all-cash tender offer. The minority stake is valued at $7.2 billion and the total company at $17.0 billion market capitalization.
Danish motor solutions company Hoyer acquired NowiTek, an automation developer of SCADA platforms and PLC programming, in Q1 2025.
Skarpenord AS and Xtronica AS formed a new joint venture, Skarpenord Xtronica Pte Ltd, in Singapore to combine valve control and automation technologies for maritime and offshore clients across Asia-Pacific.
Valmet will deliver a new recovery boiler, ash crystallization plant and odorous gas handling system, with automation and control valves, to Klabin's Monte Alegre pulp mill in Brazil, expected to start operating by end-2026. The order value was not disclosed.
Valmet has delivered a complete pulp mill with full-scope automation and flow control solutions for Arauco's new mill in Brazil, with a 3.5 million tonne per year capacity and an order value over EUR 1 billion.
NEUMAN & ESSER signed a contract on November 13, 2024 to take over EVB Technik GmbH, an electrical and automation solutions firm in Velbert and Garbsen, effective January 1, 2025.
Emerson proposed to acquire all AspenTech shares it does not already own for $240 per share in cash, after already holding about 57%. The proposal would make AspenTech a wholly owned subsidiary.
Interpump Hydraulics Brasil plans to invest R$10 million through 2025 in new equipment, robotic cells and infrastructure at its Caxias do Sul and Indaiatuba plants, under an Industry 4.0 approach.
Mpac Group has acquired CSi Palletising from Elstar International in a deal worth £46 million, announced on October 7, 2024.
FFL Partners agreed to sell its investment in Ovarro, a critical infrastructure technology specialist, to Indicor LLC, a diversified industrial company.
Ferndale, Michigan-based ROSS Controls has acquired Master Pneumatic, maker of filter, regulator and lubricator pneumatic air preparation products in Sterling Heights, Michigan. The announcement is dated September 3, 2024.
Fluid power supplier Flowtech has agreed a £350,000 deal to acquire the assets of pneumatics and fluid products provider Thorite, including equipment, vehicles, stock and locations, and has paid off Thorite's £1.7m debt.
Dacke Industri completed the acquisition of 70% of the shares in Airon Srl, a Rovigo, Italy maker of pneumatic actuators and valves, on 3 July 2024. The existing owners keep the remaining 30%.
Valmet will supply a Valmet IQ quality control system for a corrugator at Thai Containers Group's corrugated containers plant in Rayong, Thailand, to reduce warped board and waste. Delivery is due in Q4 2024 with start-up in Q1 2025.
Pneumax Group bought 90% of Automationware S.r.l., a newly spun-off mechatronics unit producing high-performance electric actuators, following a split of Automationware in May 2024.
ATS Corporation signed a definitive agreement to acquire Paxiom Group, a Montreal-headquartered maker of primary, secondary and end-of-line packaging machines with about 200 employees and roughly $67 million revenue in 2023.
Curtiss-Wright was awarded contracts valued in excess of $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class programs, with work running through 2029.
ANDRITZ has completed the acquisition of the NAF AB control valves business, adding NAF valves to its Intelligent Instruments portfolio for process control in pulp and paper and other process plants.
Motion & Control Enterprises (MCE) acquired General Machinery Company, Inc., a Birmingham, Alabama distributor of automation and electrical products, process pumps and compressed air products. GMC will keep its name and operate under its existing leadership.
Bollegraaf Group won the EU tender for a turn-key sorting system for Dansk Retursystem's new deposit plant in Fredericia, Denmark, which will sort 2.5 to 3.5 million bottles and cans daily when completed at the end of 2025.
BBP, a Louisiana automation solutions manufacturer, is building a new facility at its Baton Rouge headquarters with a $4.2 million investment. The project will create 75 direct jobs over 10 years and retain 51 positions.
Yokogawa Electric signed an agreement to acquire Adept Fluidyne Pvt. Ltd., a leading Indian electromagnetic flowmeter manufacturer based in Pune, Maharashtra. The deal is expected to close by the end of March 2024 and gives Yokogawa a local manufacturing base in India.
WIKA opened a new plant in Dammam, Saudi Arabia, on a 3,000 square metre site producing pressure, temperature, level and flow measurement products, with more than 100 jobs planned over the next few years.
Emerson is developing a manufacturing hub at King Salman Energy Park (SPARK) in Saudi Arabia, built by Saudi AMANA. The facility will produce automation products such as control valves and safety systems, with completion expected in late 2024.
Emerson signed with the Wuqing Development Area in Tianjin, China to build a production and R&D base on about 150 acres of industrial land in the area's third phase.
Swedish intralogistics group MotionTech announced the acquisition of ITO Pallpack, a Norwegian company focused on end-of-line and complete automation systems, on 15 December 2023.
Mondelēz International opened a new AUD 13 million automated packaging line at its Gourmet Food facility in Dandenong, Victoria, increasing production of Olina's Bakehouse Artisan crackers by 35 per cent.
Balluff opened its new greenfield smart factory in Aguascalientes, Mexico, on October 27, 2023. The 7,000 m² site represents a 50 million euro ($53 million) investment to regionalize its supply chain for the Americas.
ZXD Valve Control launched a new fully automated actuator assembly line at its headquarters in Wenzhou's Binhai zone, lifting annual pneumatic actuator capacity by 40%. The 1,200 square meter facility was inaugurated on October 26, 2023 in a multi-million-dollar investment.
ATS Corporation acquired Avidity Science, LLC, a designer and manufacturer of automated water purification solutions for biomedical and life science applications, on September 22, 2023.
Valstone Corporation acquired Matrix Industrial Control System, a food industry automation provider based in Brampton, Ontario, on September 21, 2023, entering the food and beverage sector.
Praxis Automation Far East secured a contract with Rawabi Vallianz Offshore Services to retrofit DP-2 systems on 39 existing vessels and supply systems for 20 newbuilds in the Middle East, for Saudi Aramco-related work.
Fanuc UK worked with London-based Recycleye to deploy AI vision with Fanuc LR Mate robots for sorting dry mixed recyclables, reporting up to 12% higher sorting accuracy and up to 10% higher line output.
Valmet agreed to acquire the Process Gas Chromatography business of Siemens AG, announced 29 August 2023.
Europe Technologies built a semi-automated pilot assembly line for LivingPackets' The Box packaging in Nantes, and the partnership continues with planned mass-production lines of 500,000 to 1 million units a year.
Emerson announced a definitive agreement to acquire Afag Holding AG, a Swiss maker of electric linear motion, feeding and handling automation solutions, to strengthen its factory automation business. The deal expands Emerson's served market by more than $9 billion.
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.
Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.
Balluff is building a new high-volume production plant in Aguascalientes, Mexico, starting at the end of 2023, with about EUR 50 million invested. The 15,000 square metre plant will make sensors, accessories, network systems and RFID solutions.
Valmet agreed on July 14, 2023 to acquire the Process Gas Chromatography business of Siemens AG for EUR 102.5 million on a cash and debt-free basis. Completion is estimated for April 1, 2024 at the earliest.
Valmet and thyssenkrupp Industries India signed a cooperation agreement to sell and distribute process automation systems for the energy sector.
Westrock Coffee plans to invest over $300 million and create 600 new jobs over five years at its development, production, packaging and distribution facility in Conway, Arkansas, with the facility using advanced robotics.
Festo laid the first stone of a new plant in Salinas Victoria near Monterrey, Mexico, with a $100 million investment and three construction phases generating 1,500 jobs. The plant is due to be ready in 2025 and will supply automation solutions to automotive, mining, pharmaceutical and electronics sectors.
Valmet will deliver a DNA automation system retrofit to the Sabiya Power and Water Distillation Station in Kuwait for Peak National General Trading & Contracting. Delivery is scheduled for November 2023, with commissioning in 2024. The value was not disclosed.
UAE-based packaging maker Hotpack has signed an agreement with Maxbyte to digitise its 15 factories in the UAE and other countries. The first wave will cover three plants, with the full transformation planned over three to five years.
Bobst Group acquired a 70% equity stake in Dücker Robotics s.r.l., an Italian maker of robots for loading and palletizing in the corrugated board sector. The deal closed on April 28, 2023, and the current management stays in place.
Emerson announced the acquisition of National Instruments for US$8.2 billion on 26 April 2023.
Honeywell agreed to acquire Compressor Controls Corporation (CCC), a turbomachinery control provider, from INDICOR LLC for $670 million in an all-cash deal announced April 26, 2023. The deal is about 15x 2023E tax-adjusted EBITDA.
Polaris has acquired a majority stake in Sealing System, a supplier of intralogistics and automated packaging and palletising lines. The article is dated 17 April 2023 and gives no deal value.
Aliaxis is investing €14 million to transform its Philmac pipe fittings plant in North Plympton, Adelaide, raising capacity by 40% with automation, with full operation expected in 2025.