Tag: acquires

AIRtec Inc. Acquires Majority Stake in Pax Aero Solutions

 AIRtec Inc., a leading aerospace and technology company, is pleased to announce its acquisition of a majority stake in Pax Aero Solutions, a prominent player in the aviation industry. This strategic move represents a significant step forward in AIRtec’s mission to expand its capabilities and offerings within the aerospace sector. Pax Aero Solutions, known for its expertise in aviation maintenance, repair, and overhaul (MRO) services, has established a strong reputation for quality and reliability over the years. This acquisition will enable AIRtec Inc to diversify its portfolio and enhance its position as an industry leader. Key highlights of the acquisition: ... Read more

Ferag AG Acquires dereOida

 Ferag AG, a renowned family-owned Swiss company with over 65 years of experience as a global market leader in material flow systems, and dereOida, an Australian pioneer in warehouse automation software with their revolutionary doWarehouse system, are uniting their strengths to offer an unparalleled intralogistics solution to businesses across various industries. dereOida’s flagship product, doWarehouse, presents a holistic single view across the warehouse. With the freedom to select any automated system, customers can seamlessly integrate their chosen hardware into doWarehouse, all while benefiting from dereOida’s outstanding support services. The doWarehouse system enables the user to streamline processes, enhance productivity, reduce ... Read more

DENSO Acquires Full Stake in Certhon Group, a Greenhouse Provider Based in the Netherlands

DENSO Corporation has announced that it has acquired the full stake in Certhon Group, a Dutch horticultural facility operator, with the aim of accelerating the global expansion of its agricultural production business.In recent years, climate change and a decrease in the number of people taking up farming have led to unstable agricultural production, and the need to develop a stable and sustainable agricultural production system through the establishment of a climate-independent cultivation environment and the reduction of labor shortages and heavy workload. To solve these various issues in the food and agriculture field, DENSO and Certhon formed a capital alliance ... Read more

Japan – MHI Acquires Concentric, LLC: The North American Leader in Power Management Solutions for Material Handling, Data Center and Utility Customers

Mitsubishi Heavy Industries, Ltd. (MHI), one of the world’s foremost industrial groups leading the way in clean energy, today announced the acquisition of Concentric, LLC (Concentric), a top provider of industrial power solutions in North America. MHI has signed an agreement with OnPoint Group to acquire all outstanding membership interests of Concentric for an undisclosed consideration. Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI said: “We are delighted to add Concentric to our growing portfolio for Smart Infrastructure Solutions. Combining MHI’s technology capabilities with an experienced national service provider immediately benefits facilities across North America, and provides us with ... Read more

DIC Corporation Acquires Photoresist Polymers Manufacturer PCAS Canada

TOKYO – WEBWIRE – Thursday, June 1, 2023 DIC Corporationhas acquired 100% of the shares of Quebec-based PCAS Canada Inc. from French based company PCAS S.A., which manufactures and sells polymers used in photoresists for semiconductor photolithography. The semiconductor market is growing worldwide and its importance is increasing with the development and proliferation of the Internet of Things (IoT), big data, artificial intelligence and other advanced information technologies. In this environment, DICwhich seeks to contribute to a society that is increasingly digital, as set forth in its DIC Vision 2030 long-term management planhas positioned expanding its lineup of photoresist* materials, ... Read more