GERMANY > US based AMETEK is set to acquire Germany based Motec GmbH

ametek logo Motec GmbH is a Germany based leading provider of integrated vision systems that serves the high growth mobile machine vision market and is set to be acquired by USA based AMETEK. Providing ruggedized vision products and integrated software solutions, Motec provides its customers with improved operational efficiency and enhanced safety across a variety of critical mobile machine applications in transportation, More …

GERMANY > USA based Rain Carbon is set to construct a new resin polymerization and hydrogenation plant in Castrop-Rauxel, Germany

rain carbon logo A leading global producer of carbon based products, Rain Carbon Inc.  is set to construct a new resin polymerization and hydrogenation plant in mid-July at its integrated coal tar and petrochemical site in Castrop-Rauxel, Germany The plant is expected to be operational in the third quarter of 2019 and will have a resins production capacity up to 50000 tons per year. According to More …

SWITZERLAND > USA based Microsoft expands into Switzerland with new data centers

Microsoft logo Rapidly expanding its cloud infrastructure in Europe to meet increasing customer demands, Microsoft has expanded the cloud services by adding new datacenters in Germany and Switzerland. Microsoft has also announced the availability of new cloud services in France. Microsoft aims to support companies by offering enterprise cloud services for businesses, government, and NGOs from datacenter locations in the cantons of More …

GERMANY > USA based Hilton opens its upper- midscale brand, Hampton, in Germany along with nine new properties in other locations with international expansion in Germany, China and Canada

Hilton logo Hilton has announced the opening of nine new properties including , including Hampton Inn & Suites by Hilton Detroit/Warren in Michigan, Hampton Inn & Suites by Hilton St. George in Utah ,Hampton by Hilton Dortmund Phoenix See in Germany, Hampton by Hilton Shunde Longjiang, Foshan and Hampton by Hilton Suzhou Xiangcheng District in China. To solidify its position as one of the fastest growing international More …

GERMANY > Italy based Electrolux Professional SpA is set to acquire Schneidereit GmbH

electrolux logo A supplier of laundry rental solutions, Schneidereit GmbH, that works for professional customers in Germany and Austria is set to be acquired by Electrolux. Allowing a carefree experience for its customers by supporting the product throughout its lifetime,   Schneidereit GmbH enables its customers to run their businesses without worrying about maintenance. Electrolux will benefit from the acquisition to develop within More …

GERMANY > SoftBank Vision Fund invests €460 million ($563.18 million) in Europe’s leading multi- sided platform for the used car sector, AUTO1 Group

softbank-logo SoftBank vision fund invests €460 million ($563.18 million) in Germany based AUTO1 Group. Half of the investment will be made through the issue of new shares which will value AUTO1 at €2.9 billion ($3.55 billion) and will support the group’s international expansion. AUTO1 Group’s technology platform enables dealers and private individuals to trade seamlessly through Europe via an analytics and More …

GERMANY > U.S based Baldwin Technology Company is set to acquire German based Ahlbrandt System GmbH

baldwin logo A world leading in providing process automation solutions, Baldwin Technology Company Inc is set to acquire Ahlbrandt System GmbH and the acquisition is pending German government approval. Ahlbrandt is a top quality Corona Treatment, Spray Coating and Hot Air Drying company. It has 87 members and is headquartered in Lauterbach, Germany. The products and services Ahlbrandt offers complement Baldwin’s product More …

GERMANY > Denmark based Arla Foods and Germany based dairy company DMK Group enter into agreement to rebuild DMK’s Nordhackstedt site

arla logo Arla Foods and DMK Group, who have already entered into a joint venture ARNoCo, have signed a third party manufacturing contract in which DMK will produce 35,000 tons of mozzarella cheese for Arla in its Nordhackstedt site in northern Germany. The Nordhackstedt site will be fully focused in mozzarella production and DMK will invest 15 million euro ($17.78 million) to More …