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WEG announced the signing of agreements to acquire Volt Electric Motors (“Volt”), a Turkish manufacturer of industrial and commercial electric motors, a subsidiary of the Saya Group. The acquisition value is US$ 88 million (Enterprise Value – EV), to be paid after the transaction is completed, subject to common price adjustments for this type of operation.

Trials of a cutting-edge fats, oils and grease (FOG) Recovery Hub at Yorkshire Water’s wastewater treatment works in Hull, UK, are helping the utility improve environmental performance while lowering costs, says Chris Clemes, chief executive of engineering technology company EcoClarity.

he Shareholders’ Committee of Voith Management GmbH has appointed Dirk Hoke as President and Chief Executive Officer (CEO) of Voith GmbH & Co. KGaA, effective April 1, 2025, at the latest. He succeeds the long-standing President and Chief Executive Officer, Dr. Toralf Haag, who left the company on Aug. 31, 2024. Until the start of Dirk Hoke, Andreas Endters serves as interim CEO of the Voith Group, in addition to his duties as CEO of Voith Paper.

EBARA Corporation will establish a new equipment testing and development center for hydrogen infrastructure-related equipment in Futtsu City, Chiba Prefecture, Japan, to contribute to the realization of a hydrogen society.

On September 4th, DESMI signed a contract with Eurofins Maritime Services, a part of the international group of Eurofins-laboratories renowned for their wide range of analytical testing services across various industries, including the marine sector. The contract was finalized during the prestigious SMM marine event in Hamburg, marking a significant milestone in our service expansion.

FFL Partners (“FFL”), a private equity firm focused on growth investments, today announced that it has agreed to sell its investment in Ovarro, specialist in critical infrastructure technologies, to Indicor, LLC (“Indicor”), a diversified industrial company specializing in mission-critical technologies across various niche markets.

In an impressive confirmation of the company’s commitment to sustainability, KHS has again been awarded the coveted gold status by rating agency EcoVadis. The Dortmund systems supplier has further improved over last year’s assessment – now earning 73 points out of 100 in the completely revised evaluation method.

Hoyer is proud to announce a new partnership with Core Sustainability Capital, an investment fund that works with Nordic companies that have sustainable impact as their core value. The partnership bolsters Hoyer’s commitment to becoming the Green Transition Partner within electric motors for companies in the Marine, Industrial, Energy, and HVAC sectors.

Valmet has opened a new service center in Beihai to serve and be close to its customers in the fast-growing pulp and paper industry in the Guangxi Zhuang Autonomous Region, West China. The center is a vital service point for Valmet’s customers across China.

Trelleborg Sealing Solutions appoints Jonas Karlsson as Business Unit President for Industrial Europe, the Middle East and Africa (EMEA). The new role recognizes increased business activity in the region and oversees many of the sectors served by Trelleborg Sealing Solutions including food and beverage, semiconductor, fluid power, energy, off-highway and automotive.