(IN BRIEF) EQT VIII Fund has agreed to sell Dellner Couplers to Wabtec Corporation for approximately EUR 890 million. Under EQT’s ownership since 2019, Dellner evolved from a family-owned company in Sweden into a global leader in train connection systems … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged Aftermarket services, CAF MiiRA, Chairman Klaus Deller, couplers, dampers, Dellner Couplers, environmental standards, EQT VIII fund, EUR 890 million, EY, family-owned, Fredric Håkansson, gangways, global leader, global rail industry, Green mobility, J.P. Morgan Securities, Milbank, Nils Ketter, passenger rail, R&D, rail safety, safe rail transportation, sustainability, sustainable mobility, train connection systems, transformation, Vika Sweden, Vinge, Wabtec Corporation
(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
Posted in Business, Chemicals, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, additives, adhesives, Asia-Pacific, Cement, Cemix brand, Chryso, concrete, concrete repair, Construction Chemicals, emerging markets, Flooring, FOSROC, GCP, global leader, High Performance Solutions, INDIA, light construction, Middle East, OVNIVER, partnership, Saint-Gobain, sales, sealants, sustainability, sustainable construction, technical solutions, waterproofing
(IN BRIEF) Thales, a global leader in defence, aerospace, and cybersecurity, continues to lead AI innovation for critical systems. The company is committed to developing trusted, ethical AI that emphasizes transparency, energy efficiency, and cybersecurity. With cutting-edge AI solutions applied … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged aerospace, AI, AI engineers, AI ethics, air traffic control, air transport, CAID challenge, Confiance.ai, cortAIx, Crisis management, critical systems, Cybersecurity, data optimisation, decarbonisation, deepfake detection, Defence, defence systems, digital solutions, ethics, event security, explainability, fraud prevention, Friendly Hacker Unit, frugal AI, frugality, global leader, global warming, hybrid AI, infrastructure, Maritime Security, neuromorphic technologies, passenger experience, Patents, Patrice Caine, R&D, satellites, Thales, transparency, TRuE AI, trusted AI
(IN BRIEF) Knorr-Bremse is celebrating its 120th anniversary in 2025, marking a significant milestone in the company’s growth from its founding by Georg Knorr in Berlin in 1905 to becoming a global leader in braking systems for rail and commercial … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 120th anniversary, 20 years of Knorr-Bremse Global Care, anniversary celebrations, braking systems, Cojali, Commercial Vehicles, Corporate Social Responsibility, Digital Automatic Coupler, digital solutions, Education, Georg Knorr, global impact, global leader, Heinz Hermann Thiele, hygiène, INNOVATION, Jaltest Diagnostics, Knorr-Bremse, Knorr-Bremse Global Care, Munich, pneumatic brakes, predictive maintenance, Product Development, rail, Regulations, safety-critical components, sanitation, sustainability, traffic volumes, transportation safety, United Nations Sustainable Development Goals, WASH, WATER
(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release
Posted in Automotive, Belgium, Business, Industrial, Management, News, Technology, Transportation & Logistics
Tagged ACEA, appointment, battery-electric, Christian Levin, combustion engines, Commercial Vehicles Board, competitiveness, customers, DAF, DAF Trucks, Daimler truck, ecosystem, enabling conditions, energy providers, European Automobile Manufacturers’ Association, European Regulations, European truck and bus industry, Ford Trucks, forward-thinking policies, global leader, grid operators, Harald Seidel, Hydrogen-Powered Vehicles, industry competitiveness, INNOVATION, Iveco Group, leadership, long-term incentives, MAN Truck & Bus, Member States, policymakers, Regulatory framework, Scania, skilled jobs, suppliers, sustainable society, technology, transition, visionary targets, Volvo Group, zero-emission powertrains
The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Switzerland, Technology
Tagged ABB, acquire, acquisition, Camarillo, Cleary Gottlieb Steen & Hamilton LLP, Credit Suisse, deal, Dunn & Crutcher LLP, EBITDA, ENERGY, energy mix, energy-efficient power conversion, equity, Gibson, global leader, Goldman Sachs & Co., grid, Joe Hogan, MERGER, net cash, power electronics, power management solutions, Power-One, PV value chain, PV-generated power, regulatory, renewable energy, renewable energy solutions, Richard J. Thompson, shareholders, Silver Lake Sumeru, solar photovoltaic (PV) inverters, Solar PV, Solar PV industry
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