IN FOCUS

At the recent Singapore MICE Awards (SMA) 2023, held on 27 July 2023, Singapore International Water Week (SIWW) 2022 was conferred the “Trade Show of the Year” Award.

Watts Water Technologies, Inc. announced that it has entered into a definitive agreement to acquire Bradley Corporation (“Bradley”) for $303 million, subject to customary adjustments. The net transaction value is approximately $268 million after adjusting for the estimated net present value of expected tax benefits of approximately $35 million. The transaction will be funded through cash on hand and the remainder from Watts’ existing revolving credit facility. The transaction is subject to customary closing conditions and necessary regulatory approvals and is expected to close in the fourth quarter of 2023.

With the extension of its production location in Jimbolia, Romania, the FAULHABER Group is taking a significant step to boost its competitiveness on the market and at the same time to satisfy the growing demand for its high-quality products.

Andreas Renschler, former member of the Management Board of both Daimler AG and Volkswagen AG, joins the Supervisory Board of GEA Group Aktiengesellschaft as a new member by appointment of Düsseldorf Local Court effective September 1, 2023.

Jarno Nymark (M.Sc. Eng.) has been appointed to the ANDRITZ AG Executive Board as of October 1, 2023, assuming responsibility for the Pulp & Paper Business Area.

Established in 1945, the British Pump Manufacturers Association (BPMA), which represents the business interests of UK and Irish suppliers of liquid pumps and pump related equipment has enjoyed further membership growth in recent weeks, with four new members joining the Association.

Atlas Copco Group has begun construction of a new manufacturing facility in Talegaon, Pune, India.

Naomi Park from USA receives the prestigious Stockholm Junior Water Prize 2023 for her research on the removal of carbon dioxide and oil products from the ocean. HRH Crown Princess Victoria of Sweden presented the winner with her award during a ceremony at World Water Week in Stockholm.

Blackmer, a brand of PSG, a Dover company announces the opening of its expanded headquarters at the PSG Grand Rapids Rotating Center of Excellence in Grand Rapids, MI.

Endress+Hauser has opened a new production building on its campus in Aurangabad, India. This milestone not only underlines the company’s commitment to the region but also reaffirms its continued investment in world-class production and working environments.