German automotive giant Volkswagen is set to acquire the entire stake in Swedish commercial vehicle maker Scania for EUR6.7bn. The company currently holds a total of 89.2% of the voting rights and 62.6% of the capital of Scania. ...
Tags: Commercial Vehicle, Volkswagen
Yokohama Tire Corp. has signed a multi-year agreement with the Robert Trent Jones (RTJ) Golf Trail to be the title sponsor of the Ladies Professional Golf Association (LPGA) tournament in Prattville, Ala. The 2014 tournament will be held at ...
Tags: Tire, title sponsor
Hiwin Technologies Corp. Chairman and Chief Executive Officer (CEO) Eric Chuo announced at the company's Jan. 17 yearend banquet that the manufacturer of ballscrews will see sales of intelligent robots more than double this year over 2013 ...
Tags: ballscrews, robotic, precision-machinery, automation system
German autoparts maker Continental has entered into an agreement with The Carlyle Group to acquire US-based Veyance Technologies, which operates in operates rubber and plastics technology business, for EUR1.4bn. Veyance Technologies, ...
Tags: Continental, Auto Parts
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
Animas Canada, a division of LifeScan Canada, has announced the launch of the Animas Vibe insulin pump and CGM system in Canada , providing a new diabetes management solution for Canadians living with Type 1 diabetes. Animas Vibe is an ...
Tags: CGM, Dexcom, Diabetes, Animas Vibe
Schneider Electric says it has acquired Barcelona, Spain-based AST Modular, which offers a portfolio of "prefabricated data centre modules, services, manufacturing expertise and project engineering support". "Schneider Electric's global ...
Tags: Schneider Electric, AST Modular, acquisition, prefabricated data centre
Daimler Trucks is about to reach its sales target for 2013 and to deliver more trucks than in any year since 2006. Despite having to contend with a comparatively difficult market environment, the world’s leading commercial vehicle ...
Tags: transportation
Vector Capital, private equity firm focused on value-oriented investments in technology companies, has sold Certara, a provider of drug development software and services, to Arsenal Capital Partners, a US-based based private equity firm. ...
Tags: Vector Capital, Arsenal Capital
Global truck makers are targeting India's commercial vehicle segment with Fiat Group's Iveco and American Paccar looking to enter the country to tap the potential of the world's third-largest truck and bus market. Paccar, headquartered in ...
Tags: Iveco, American Paccar Eyeing, India Commercial Vehicle Market
The Frankenthal-based pumps and valves manufacturer received the RWE Supplier Award in the category ?Quality Global?. The award ceremony took place as part of the sixth RWE Supplier Conference at the congress centre in Essen with around 800 ...
Switzerland-based Uster Technologies AG — a manufacturer of instruments for quality measurement and certification of textile materials — has acquired Jossi Systems AG — a division of the Switzerland-based Jossi Group and a ...
Tags: Textile, Instruments, Meters
Ireland-based Covidien has announced a definitive agreement to acquire Israel-based Given Imaging for a total of approximately $860m. Pursuant to the terms of the agreement, Covidien will acquire all of the outstanding shares of Given ...
Tags: Given Imaging, Covidien
Seeking to boost its methanol production capacity while meeting stricter regional environmental regulations, Jiutai Group has selected GE’s high-pressure gasification technology for a coal-to-methanol factory expansion project in the ...
Tags: Greener Methanol, GE
Aerocrine, a medical products company, has announced that Japanese health authorities have approved the use of its FeNO-measuring device NIOX MINO as a tool for assessing patients with airway inflammation such as asthma. On 19 November ...