Honeywell has purchased one of the energy industry’s largest pump and compressor manufacturers, Sundyne, for $2.16 billion from private equity firm Warburg Pincus, Honeywell said on June 9. The move follows Honeywell’s...
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced...
Fasteners Maker MNP Acquired by Italy’s Fontana Gruppo
Italy-based fasteners manufacturer Fontana Gruppo acquired Utica, MI-based MNP Corporation. Terms of the transaction were not disclosed. Founded in 1970, MNP Corporation is a manufacturer specializing in high-volume...
Italy approves Baykar’s acquisition of Piaggio Aerospace
taly has approved the sale of Piaggio Aerospace to Turkish drone manufacturer Baykar, invoking Golden Power safeguards. The €40 million investment aims to establish Liguria as a European production centre for Baykar’s...
Power Grid Corp Acquires MEL Power Transmission
State-owned Power Grid Corporation of India on Thursday announced the acquisition of MEL Power Transmission, a special purpose vehicle (SPV), from PFC Consulting, entailing an investment of Rs 558 crore. PFC Consulting...
NETGEAR to acquire cybersecurity firm Exium for SASE integration
NETGEAR Inc. (NASDAQ:NTGR), known for its networking solutions and currently valued at $871 million, has entered into an agreement to acquire Exium, a cybersecurity company. This move is aimed at enhancing NETGEAR’s...
Zaggle to acquire spend management firm Dice Enterprises for Rs 123 Cr
Zaggle Prepaid Ocean Services Ltd., a Mumbai-listed financial technology company, said on Wednesday it has agreed to acquire the entire share capital of Dice Enterprises Private Limited for Rs 123 crore. The...
Bruker acquires biocrates
Bruker Corporation (NASDAQ: BRKR) today announced the acquisition of biocrates life sciences ag, located in Innsbruck, Austria. Financial terms were not disclosed. biocrates is a global leader in mass spectrometry (MS)...
Abu Dhabi minerals company buys DR Congo tin mine stake from Denham arm
Abu Dhabi minerals company International Resources Holding has bought a majority stake in a tin mine in the Democratic Republic of Congo, expanding its presence in Africa and underscoring its appetite for high-risk...
BayPine Purchases Majority Stake in Harbor Global
BayPine has acquired a majority stake in Harbor Global, a provider of consulting and technology services to the legal industry. Headquartered in Chicago, Harbor serves 85 percent of Global 200 law firms and over half of...
With India’s nod, Omnicom’s IPG acquisition clears 10 of 20 global markets – Exchange4media
In a pivotal development, the Competition Commission of India (CCI) on Tuesday approved Omnicom Group’s proposed acquisition of Interpublic Group (IPG), making India the tenth jurisdiction globally — and the seventh...
Shape Robotics acquires Sanako Oy through share swap
Shape Robotics A/S (“Shape Robotics” or the “Company“) and the shareholders of Sanako Oy (the “Sellers“) have today entered into an investment agreement, according to which Shape...
