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Siemens AG closed its acquisition of ebm-papst’s industrial drive technology business. In the future, it will be marketed using the name “Mechatronic Systems” at Siemens.

Flender, a global leader in mechanical and electrical drive systems, proudly announces the expansion of its service center in Elgin, Illinois. This significant investment underscores Flender’s commitment to bolstering efficiency and local support across the United States and Canada.

For the second consecutive year, TIME Magazine and Statista jointly published their ranking of the “World’s Most Sustainable Companies”. With a position as global number 12 in a list of 500 firms, GEA scored exceptionally high in the overall ranking.

Swedish fastener manufacturer BUMAX has strengthened its market presence in Türkiye, following the signing of a new strategic agreement with Standart Civata (STD) – a distributor of high-quality fasteners. The partnership marks a significant milestone in the BUMAX international growth strategy, aimed at strengthening its distribution network and brand presence in key markets.

EBARA Corporation (hereinafter “EBARA”) obtained the highest rating, Platinum Recognition, in the RBA (Responsible Business Alliance) Validated Assessment Program (VAP) audit.

WIKA and KROHNE, both global manufacturers of measurement technology, will intensify their strategic cooperation. WIKA is now KROHNE’s exclusive partner for the temperature product area.

The Frankenthal-based pump and valve manufacturer KSB has appointed Dr. Harald Schwager as the new Chair of the Administrative Board. His predecessor, Oswald Bubel, who had headed the Board since January 2018, retired from the company on 16 June.

The multinational Wilo Group has joined KI Park e. V. This innovation ecosystem for artificial intelligence unites companies, start-ups and research institutions as well as players from society and politics with the aim of driving forward AI innovations “made in Germany and Europe”. As a new member, the technology group will play an active role in shaping this development.

Swedish fastener manufacturer BUMAX AB has completed a major investment to enhance the level of quality it delivers to customers and its product development capabilities.

As part of a high-level visit to China, Danish Minister for Foreign Affairs, Lars Løkke Rasmussen, toured Danfoss’ pioneering factory in Tianjin on May 18, highlighting the strong economic ties between Denmark and China and the role of green innovation in their future cooperation.