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Bosch boosts sales and eyes future growth amid challenging landscape

The Bosch Group has reported a surge in sales and earnings for the fiscal year 2023, underscoring its resilience in navigating a demanding business environment.
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BlueScope updates external reporting segments to streamline North America operations

BlueScope is set to make modifications to its external reporting segments to consolidate and simplify the reporting of its North American operations, following its recent acquisitions in the United States.

Australia’s NIOA buys American firearm manufacturer Barrett

Queensland-based global defence contractor NIOA has acquired industry-leading rifle design and manufacturing company Barrett Firearms. 

Ausnutria acquires Aussie dairy firm ADP

Hong Kong listed Ausnutria Dairy Corporation has announced the acquisition of Victoria-based dairy company Australian Dairy Park (ADP) for A$10 million in cash plus...

Amcor posts 25% profit increase for year ended 30 June 2014

Amcor has announced a 25% lift in its annual net profit driven by strong demand from emerging markets. The company reported an annual after tax...

BlueScope acquires OneSteel sheet and coil assets

BlueScope Steel has announced on Monday that it has agreed to acquire Arrium Limited's OneSteel sheet and coil business for around $23 million. According to...

US private equity firm completes acquisition of Futuris; Elders to cut 10 percent of...

Private investment firm Clearlake Capital Group announced on Tuesday that it has completed the acquisition of global automotive supplier Futuris Automotive from Elders Limited. The...

Apparel Group acquires JAG from Fusion Retail Brands

Sydney-based, privately-owned company Apparel Group has acquired the JAG brand from Fusion Retail Brands. According to Sydney Morning Herald which reported the news on Tuesday,...

Davimac Manufacturing acquires tillage business Agrowplow

New South Wales engineering and construction firm Davimac Manufacturing has acquired tillage machinery manufacturer Agrowplow as part of Davimac’s strategy to expand the business...
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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.