TGW Logistics has secured an order from Betty Barclay Group to equip its new distribution center in Nußloch, Germany, with automation technology including a shuttle warehouse and conveyor system. The contract includes a 20-year lifetime services agreement.
Kirby Risk has acquired CIM SYSTEMS ROBOTICS to enhance its ability to deliver comprehensive turnkey robotic solutions, complementing its existing mechatronics portfolio.
Climaveneta Climate Technologies, a group company of Mitsubishi Electric, is investing ₹400 crore to set up a plant to manufacture industrial chillers at Narsapura in Kolar district, Karnataka, India. The plant will produce central air-conditioning equipment including screw chillers, magnetic levitation chillers, and heat pumps.
Subsea7 has been awarded a contract by Aker BP worth between $150 million and $300 million for the development of the Lyra field in the North Sea. Subsea7 will design, build and install pipelines and associated subsea equipment.
AF Gruppen has signed a contract worth NOK 7.6 billion (excluding VAT) with Oslo municipality for the construction of a new water treatment plant at Huseby in Oslo. The project has moved to phase two, which includes detailed design and construction.
LiqTech International and Jiangsu Marine Equipment Co. (JiTRI) have formed a joint venture, Nantong JiTRI LiqTech Green Energy Technology Co., Ltd, to develop and sell membrane-based water treatment equipment for marine ships in China. The JV will be located in Nantong Haimen, Jiangsu province, with LiqTech as majority owner.
The SIMPEX Group has acquired 100% of the shares of EGA Emde Glockner Automation GmbH, which will operate as SIMPEX EGA GmbH, to strengthen its expertise in electrical engineering and automation.
SCM Frigo and Fenagy have jointly developed the Smart Heat Pump, a CO2 heat pump for commercial and light-industrial applications, with 11 water-to-water and 7 air-to-water models covering capacities of 30–300kW. Water-to-water models are expected to be available from early 2025, air-to-water models in Q2 2025.
Vaisala is building a new automated logistics center in Vantaa, Finland, with an investment of approximately EUR 10 million, to double logistics capacity and increase production capacity by 20% by converting old warehouse space. The center is expected to be fully operational by the end of 2025.
Korea Aerospace Industries (KAI) acquired a 37.95% stake in Genoco, a company specializing in aviation electronics and satellite communication, for KRW 54.5 billion, to strengthen its satellite communication and aviation electronics capabilities.
Solvay has licensed its hydrogen peroxide technology to North Huajin Refining and Petrochemical Company for a new facility in Panjin, China, that will produce 300 kilotons of propylene oxide per year, with a planned launch in 2026.
Italian packaging group Carton Pack has acquired Clifton Packaging Group, a Leicester-based maker of flexible food and drink packaging, backed by private equity firm A&M Capital Europe.
Palm Group has completed the acquisition of 100% of John Hargreaves (Collyhurst & Stalybridge) Ltd, a corrugated products producer in Stalybridge near Manchester, in October 2024.
Northern Gas Networks awarded a contract to UK supplier Goodwin for axial control valves, replacing its historical single source for urgent replacement needs.
Bell Oil and Gas unveiled a 50,000-tonne integrated OCTG pipe threading, valve assembly and composite pipe plant at the Lekki Free Trade Zone in Lagos, targeting an estimated $100m investment over five years.
Swedish private equity firm EQT AB has received support from key shareholders to acquire OEM International AB, a Swedish automation system manufacturer, for 15.25 billion kronor ($647 million). The acceptance period runs from December 19, 2024 to February 27, 2025.
Polycab India emerged as the lowest bidder for a ₹4,099 crore order from BSNL to create, upgrade, and maintain the Middle mile network of Bharat Net in Karnataka, Goa, and Puducherry.
Chugach Commercial Holdings, a subsidiary of Chugach Alaska Corporation, acquired H.V.A.C., LLC and Alaska Integrated Services, LLC, two mechanical contracting companies based in Fairbanks, Alaska.
Sinomach signed 20 cooperation agreements totaling an estimated $2.6 billion at the China International Import Expo in Shanghai on November 6, 2024, including procurement from GE Vernova, Brückner Maschinenbau, Murata Machinery, and TMT Machinery.
PSMC is preparing to launch mass production of its high-capacity interposers, which have passed customer validation, and will be ready for shipment by the end of 2024.
Powerchip Semiconductor Manufacturing Corp. received the first installment of its Fab IP payment from Tata Electronics for a joint venture to build a 12-inch wafer fab in India. The facility is expected to be operational by 2026.
The North West Hub Alliance, collaborating with Sydney Water, purchased two PX1500-S plants from PYREG for the Riverstone Water Resource Recovery Facility. Construction is scheduled to start at the end of 2024.
TGW Logistics secured a major order from Betty Barclay Group to equip its new distribution center in Nußloch, Germany with automation technology. The facility will dispatch 10 million articles of clothing per year starting in Q3 2026.
RRP Semiconductor Ltd. won an order worth ₹439.90 crore from Telecrown Infratech Pvt Ltd to supply silicon solar cells, melted silicon crystals, and polycrystalline materials for 106 MW solar power PV modules in Maharashtra.
Vanderlande, owned by Toyota Industries Corporation, will acquire Siemens Logistics from Siemens AG for EUR 300 million. The deal is expected to close before the end of 2025.
Viant, formerly MedPlast Inc., acquired injection molder Knightsbridge Plastics.
Aspire Housing awarded a 10-year materials supply contract valued at £49 million to Jewson Partnership Solutions (legal entity: STARK Building Materials UK Ltd), starting April 1, 2025.
Sika has closed the acquisition of Chema, a leading producer of tile-setting materials in Peru with operations throughout the country.
SMG Group announced the acquisition of Hunter Foundry Machinery Corporation, a leader in matchplate molding machines and sand casting technology. The acquisition was finalized on July 24, 2024 at Hunter headquarters in Schaumburg, Illinois.
A manufacturer of equipment for coal processing, mining, chemical industries and aircraft plans to expand production by building a metalworking shop in Pavlovo-Posad district, Moscow region, with an investment of 300 million rubles and completion expected in Q2 2025.
MACOM Technology Solutions acquired ENGIN-IC, a fabless semiconductor company designing GaN MMICs and integrated microwave assemblies for the US defense industry, located in Plano, Texas and San Diego, California.
The European Commission cleared the acquisition of Comau, a designer and supplier of industrial automation systems and robotics, by OEP.
Romanian electrical cable manufacturer Electroplast is investing over €9 million to modernize its factory in Bistrita, tripling production capacity and reducing energy use.
The US Federal Aviation Administration awarded Indra a contract worth up to $244.3 million to renew its ground-air communications system, replacing analog radios with digital equipment. Indra will manufacture up to 46,000 radio devices at its Overland Park, Kansas facility.
Steri-Med Pharma completed the initial phase of production scale-up at its Boucherville plant, more than doubling capacity compared to 2023 levels.
LSL Pharma Group announced $1.4 million in new orders from international clients for its Steri-Med subsidiary's sterile ointment products.
Vishay Intertechnology has entered into definitive agreements to acquire Birkelbach Kondensatortechnik GmbH, a German manufacturer of metalized technical films for capacitor dielectrics, for approximately €17 million ($18.5 million). The all-cash transaction is expected to close before December 31, 2024.
AGIDENS, a Belgian industrial process automation solutions provider owned by Ackermans & van Haaren, acquired 100% of Automatismos Girona, S.L. (AUGI), a Spanish company specializing in discrete applications and process automation. The acquisition expands AGIDENS' footprint in the Spanish industrial automation sector.
Sandur Manganese & Iron Ore Limited (SMIOL) acquired the residual 20% equity stake in Arjas Steel Private Limited (ASPL), making it a wholly-owned subsidiary. The acquisition includes ASPL's subsidiary Arjas Modern Steel Private Limited, which operates an electric arc-based integrated steel plant in Mandi Gobindgarh, Punjab.
The City of Belleview, Florida awarded a $26 million contract to Wharton-Smith, Inc. for the expansion of its wastewater treatment plant. The project will increase capacity from 1.0 MGD to 1.2 MGD, with construction starting in February 2025 and completion expected by June 2026.
Esaote Group, an Italian medical imaging company, opened a new manufacturing site in Noida, Uttar Pradesh, India, operated by its subsidiary Esaote Asia Pacific Diagnostic Private Limited. The site will produce ultrasound systems for the Indian market.
CNOOC Ltd awarded multiple offshore contracts to TechnipFMC, Baker Hughes, APL and Hiland Equipment for subsea equipment and services.
Bauhinia Paints (a subsidiary of Yip's Chemical) won two strategic procurement contracts: a 2024-2025 interior/exterior wall paint supply deal with CSCEC International, and an industrial anti-corrosion paint supply deal with Wanhua Chemical.
Liebherr-Transportation Systems was commissioned by Stadler Polska to supply 80 saloon HVAC units, 80 heat recovery units and 40 cab units using propane (R290) as refrigerant. Delivery runs from September 2024 to December 2026 for 20 FLIRT trains operated by VR-Group in Finland.
profine Group acquired EFP International B.V., a Dutch company specializing in aluminium and facade profile systems. The acquisition expands profine's product portfolio into aluminium system solutions for the global construction market under the Kömmerling brand.
Amper's board approved the acquisition of the remaining 49% stake in its subsidiary Elinsa for EUR 30.5 million, to be paid 50% in cash over three years and 50% in new Amper shares. The deal follows a EUR 155 million contract Elinsa signed with eks Energy for power electronics equipment for energy storage (2025-2027).
374Water expanded into a new 3,500-square-foot Biosafety Level 1 laboratory in Morrisville, NC, more than tripling its treatment and testing capacity for its AirSCWO organic waste destruction technology. A second bench-scale reactor is expected online by end of 2024.
Tessolve Semiconductor, a Hero Electronix company, signed a definitive agreement to acquire 100% of Dream Chip Technologies for up to ₹400 crore (EUR 42.5 million). The acquisition will add advanced SoC design capabilities and expand Tessolve's European operations with four delivery locations in Germany and the Netherlands.
DL E&C installed the Loop Reactor at the Golden Triangle Polymers Project site in Orange County, Texas, USA. The project is a joint venture between Chevron Phillips Chemical and Qatar Energy to build a 2 million tonnes per year high-density polyethylene plant, scheduled for completion in 2026.
Zhejiang Yourun Machinery Manufacturing Co., Ltd. plans to build a plant in Tongxiang City, Zhejiang, to produce 3,000 metal pressure vessels and 300 intelligent industrial robots annually. Total planned investment is 500 million yuan (approx. $70 million).