Tag: acquisition
GM acquires Cruise Automation to accelerate development of autonomous vehicle technology
General Motors (GM) has announced the acquisition of Cruise Automation, a San Francisco-based software company that develops autonomous-vehicle technology.
The move is consistent with GM’s...
Bradken completes acquisition of Indian foundry
Bradken Limited, Australia’s largest combined foundry and heavy engineering group, has completed the transaction to acquire a foundry business in India.
According to Bradken, the...
Orora completes acquisition of US-based IntegraColor
Orora Limited has announced the acquisition of IntgraColor Ltd, the Dallas-based provider of point of purchase retail display solutions and other visual communications services...
Qube and Brookfield considering joint bid for port and rail operator Asciano
Ports and rail group Asciano might finally be sold after rival bidders Qube and Brookfield Infrastructure decided to join forces and work together on...
Puratos Group acquires Melbourne Jam Manufacturing
Bakery ingredients supplier Puratos Group has acquired fruit and patisserie fillings manufacturing company Melbourne Jam Manufacturing Co.
The new acquisition is set to boost Puratos’...
3D Medical merges with Mach7 Technologies
3D Medical, Australia’s leading medical specific 3D printing and holographic projection provider, announced that it has agreed to acquire Mach7 Technologies, the global provider...
Panasonic to acquire refrigeration systems maker Hussmann for $1.5bn
Japanese electronics giant Panasonic has announced that it has decided to buy refrigeration firm Hussmann for $1.5 billion.
Missouri based Hussmann is a leading US...
ACCC okays Shell’s acquisition of BG
Shell’s proposed takeover of Britain’s BG Group is inching closer to completion after Australia’s Competition and Consumer Commission (ACCC) determined that the deal would...
Civmec closing in on Forgacs’ shipbuilding assets
Heavy engineering and construction services provider Civmec is looking to acquire Forgacs’ name and certain segments of Australia’s largest privately-owned engineering and shipbuilding company.
Under...
Murray Goulburn acquires Tasmanian Dairy Products
Australia’s largest agricultural co-operative Murray Goulburn has announced that it has finalised the acquisition of the $80 million Tasmanian Dairy Products (TDP) facility from...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
