Absolute Machine Tools acquires Advanced Machinery Solutions
Absolute Machine Tools is the new exclusive Distributor of LICO Screw Machines. A transaction that makes Absolute Machine Tools the exclusive importer/distributor of original equipment manufacturer, LICO Machinery Company, Taichung, Taiwan. Absolute Machine…
Cemtrex completes synergistic acquisition of Periscope
Cemtrex Inc., a world leading industrial and manufacturing solutions company, announced today that it has completed the previously announced acquisition of a German electronics manufacturing company, Periscope, located in northern Germany. Periscope is…
Meusburger takes over the PSG Plastic Service GmbH
Since the middle of June, it’s official: Meusburger takes over the PSG Plastic Service GmbH which is located in Mannheim, Viernheim and Seckach and has a foreign branch in China. The Austrian company…
GF acquires Microlution Inc
GF Machining Solutions, a division of GF, has acquired Microlution Inc., Chicago (Illinois, US), a specialist of micro-machining based on milling and laser technologies. The company Microlution was founded in 2005 by three engineers from…
Aweba acquired by Schuler
The market leader in forming equipment Schuler is to take over the die construction specialist Aweba and thus greatly expand its activities in this business field. Based in Aue, Germany, the Aweba Group is…
ChemChina acquires KraussMaffei for $1 Billion
China National Chemical Corporation acquired German plastic and rubber machinery manufacturer KraussMaffei Group for $1.01 billion: the largest Chinese outbound investment into Germany is expected to close in the first half of 2016….
Tongtai buys majority share in Anger Machining
Tongtai Machine & Tool Group has bought a 76 percent stake in the holding company of Austrian transfer machine builder Anger Machining GmbH (Traun, Austria). The acquisition aims at strengthen its presence in…
CERATIZIT acquires majority stake of Cobra
The carbide specialist CERATIZIT has acquired 67 percent of the Indian manufacturer of solid carbide tools, Cobra Carbide India Pvt Ltd. For Jacques Lanners, Co-chairman of the CERATIZIT GROUP Executive Board, “Cobra Carbide…
Chicago Mumford Companies invests in foundry buying Advance Die Casting Co.
The Mumford Companies, a business and real estate holding company based in Chicago, has acquired Advance Die Casting Co. out of receivership and will invest new capital and seek to rebuild the nearly…
ZEISS Industrial Metrology business group acquires majority interest in Steinbichler Optotechnik GmbH
The ZEISS Industrial Metrology business group is entering into the “Optical 3D Digitization” sector through the planned acquisition of a majority interest in Steinbichler Optotechnik GmbH, a company headquartered in Neubeuern near Rosenheim…
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