Tag Archives: acquisition

SAF-HOLLAND Takes Full Control of Haldex India to Drive Expansion in Commercial Vehicle Sector

(IN BRIEF) SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India from its joint venture partner ANAND Group, securing full ownership of the brake systems manufacturer. The move is part of SAF-HOLLAND’s drive2030 growth strategy and aims … Read the full press release

ASSA ABLOY Strengthens Access Control Portfolio with Acquisition of Pedestal PRO

(IN BRIEF) ASSA ABLOY has acquired Pedestal PRO, a Utah-based manufacturer of access control pedestals and mounting solutions, further expanding its presence in mature markets and enhancing its electromechanical portfolio. With around 50 employees and 2024 sales of approximately USD … Read the full press release

Scania Acquires Northvolt Systems Industrial Division to Enhance Battery Solutions and Accelerate Off‑Road Electrification

(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release

Rheinmetall Acquires Hagedorn-NC to Bolster Propellant Production and Secure Supply Chain

(IN BRIEF) Rheinmetall AG is acquiring Hagedorn-NC GmbH to close a strategic supply chain gap in propellant production. With over 100 years of experience in producing industrial nitrocellulose for civilian applications, Hagedorn-NC will see portions of its production repurposed for … Read the full press release

Indosuez Wealth Management Expands Swiss Presence With Acquisition of Banque Thaler

(IN BRIEF) Indosuez Wealth Management, part of the Crédit Agricole Group, has agreed to acquire Banque Thaler, a Swiss bank celebrated for its service excellence and wealth management expertise. This acquisition reinforces Indosuez’s strategy to expand its footprint in Switzerland—a … Read the full press release

Holcim Expands Latin American Reach with Acquisition of Compañía Minera Luren

(IN BRIEF) Holcim has acquired Compañía Minera Luren, a leading Peruvian producer of specialty building materials with 377 employees, to enhance its product portfolio and accelerate expansion in Latin America. Known for its energy-efficient walling systems that combine advanced insulation … Read the full press release

Hexagon Expands Manufacturing Intelligence with Acquisition of Geomagic, Enhancing 3D Reverse Engineering Capabilities

(IN BRIEF) Hexagon has acquired the Geomagic software business from 3D Systems Corporation, thereby incorporating cutting-edge technology that enhances the efficiency of processing 3D measurement data for reverse engineering and CAD applications. Now part of Hexagon’s Manufacturing Intelligence division, Geomagic’s … Read the full press release

Siemens Reinvents Industrial AI with Strategic Altair Integration

(IN BRIEF) Siemens has completed the acquisition of Altair Engineering Inc. for approximately USD 10 billion, a move that solidifies its position as a global leader in simulation and industrial AI. The merger introduces new capabilities in mechanical and electromagnetic … Read the full press release

Savills Unveils Pan-European Property Management Hub Following Medasil Acquisition

(IN BRIEF) Savills has established a Cross-Border Living Property Management Sector Group after acquiring Medasil in Spain. Led by Tim Bretten and Anne Brom, the initiative expands Savills’ management of 41,000 residential units across Europe and beyond, targeting the rising … Read the full press release

ASSA ABLOY Expands Global Security Portfolio with Acquisition of Canadian Legacy Brand Wallace & Wallace

(IN BRIEF) ASSA ABLOY has acquired Canadian company Wallace & Wallace, along with Wallace Perimeter Security, to expand its Perimeter Security portfolio and strengthen its position in mature markets. The acquisition, which integrates a firm renowned for its perimeter fencing, … Read the full press release

Sika Completes Acquisition of HPS North America to Expand Presence in US Building Finishing Market

(IN BRIEF) Sika has fully acquired HPS North America, Inc., a supplier of building finishing materials in the US, including Schönox branded products. The acquisition strengthens Sika’s position in the growing building finishing market and will lead to improved efficiency … Read the full press release

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release

NLB Group Expands Leasing Business with Acquisition of DoberaVto.si Online Platform

(IN BRIEF) NLB Car&Go, a subsidiary of NLB Lease&Go, has successfully acquired the online vehicle sales platform doberavto.si from AMZS d.o.o., marking a significant step in expanding NLB Group’s leasing operations. This acquisition, following necessary regulatory approvals, enhances NLB’s position … Read the full press release

Valio Expands Plant-Based Protein Portfolio with Acquisition of Raisio’s Härkis® and Beanit® Brands

(IN BRIEF) Valio has acquired Raisio’s plant protein business, which includes the Härkis® and Beanit® brands, along with production assets and 16 employees. This acquisition aligns with Valio’s strategy to diversify into plant-based food and expand its role in the … Read the full press release

Puratos Expands Its Reach in the Baking Industry with Acquisition of École Bellouet Conseil

(IN BRIEF) Puratos, a global leader in bakery ingredients, has acquired the renowned École Bellouet Conseil, a prestigious French bakery school based in Paris. Founded by celebrated pastry chefs G. Joël Bellouet and Jean-Michel Perruchon, the school has been a … Read the full press release

Novartis Acquires Anthos Therapeutics to Advance Abelacimab in Stroke and Thrombosis Prevention

(IN BRIEF) Novartis has announced its acquisition of Anthos Therapeutics, a Boston-based biopharmaceutical company focused on developing abelacimab, an investigational monoclonal antibody currently in Phase 3 trials for preventing stroke and systemic embolism in patients with atrial fibrillation. This acquisition … Read the full press release

Saint-Gobain Completes Acquisition of FOSROC to Strengthen Global Leadership in Construction Chemicals

(IN BRIEF) Saint-Gobain has completed its acquisition of FOSROC, a major player in the construction chemicals industry, further expanding its global reach. The acquisition strengthens Saint-Gobain’s position in high-growth markets like India and the Middle East and aligns with its … Read the full press release

Metso Expands Its Presence in China with Acquisition of Selm Technology’s Screening Solutions

(IN BRIEF) Metso has announced its acquisition of Selm (Beijing) Technology Co., Ltd, a Chinese manufacturer specializing in screening solutions for the mining and aggregates industries. The acquisition will enhance Metso’s ability to offer comprehensive screening services to customers in … Read the full press release

Henkel Completes Strategic Portfolio Optimization with Sale of Retailer Brands Business in North America

(IN BRIEF) Henkel has completed the sale of its Retailer Brands business in North America to First Quality Enterprises, marking the final step in its portfolio optimization strategy. The business, which includes products in the detergents, fabric finishers, and dishwash … Read the full press release

Alma Media Expands Legal Content Portfolio with Acquisition of Edilex Lakitieto Oy

(IN BRIEF) Alma Media has acquired Edilex Lakitieto Oy from Edita Group Oyj, a move that will expand its legal content offerings. The acquisition, effective February 1, 2025, brings the Edilex legal information service under Alma Marketplaces. Edilex Lakitieto Oy, … Read the full press release