Tag: Germany

Redwood Materials acquires European battery recycler Redux Recycling

businessnewstoday- September 19, 2023

American lithium-ion battery recycler Redwood Materials has announced its acquisition of Redux Recycling GmbH, Europe's leading battery recycler in a monumental move that signals a ... Read More

Wipro launches 17th cyber defense center in Dusseldorf: A close look

businessnewstoday- September 13, 2023

Wipro Limited, a global technology and consulting firm, announced today the establishment of its 17th Cyber Defense Center (CDC) in Dusseldorf, Germany. The new facility ... Read More

SAP to acquire LeanIX in move to expand business transformation portfolio

businessnewstoday- September 8, 2023

SAP has revealed plans to acquire LeanIX, a front-runner in enterprise architecture management (EAM) software based in Bonn, Germany. Although financial terms of the deal ... Read More

Albany International acquires paper machine clothing supplier Heimbach Group

businessnewstoday- September 2, 2023

Albany International Corp. (NYSE:AIN), a leader in industrial technology solutions, has officially announced the completion of its acquisition of Heimbach Group for €132 million in ... Read More

VertiGIS acquires ibR, unveils new land management unit and Berlin-based innovation center

businessnewstoday- September 1, 2023

VertiGIS, a leading name in Geographic Information Systems (GIS) and spatial asset management, has officially announced the acquisition of ibR Gesellschaft für Geoinformation mbH (ibR). ... Read More

Lennox to sell Hyfra process cooling unit to Glen Dimplex Group

businessnewstoday- August 27, 2023

Lennox (NYSE: LII), a provider of energy-efficient climate-control solutions, has announced a definitive agreement to sell its Hyfra Process Cooling business unit to the Glen ... Read More

Asterion Industrial Partners to acquire energy utility STEAG in €2.6bn deal

businessnewstoday- August 27, 2023

Investment management firm Asterion Industrial Partners has acquired the energy utility STEAG from Kommunale Beteiligungsgesellschaft (KSBG), representing municipal utilities across six German cities. The acquisition ... Read More

AXISCADES Technologies acquires Germany-based add-solution GmbH

businessnewstoday- August 22, 2023

Indian engineering and technology solutions titan, AXISCADES Technologies Ltd. has announced its acquisition of add-solution GmbH, a prominent German automotive design and development firm. Add-solution ... Read More

Germany unleashes massive $5.4bn lifeline to Ukraine – But that’s not all!

businessnewstoday- August 21, 2023

Germany's Finance Minister, Christian Lindner, announced that Ukraine will be pocketing a staggering 5 billion euros ($5.44 billion) annually courtesy of Germany's financial aid. This ... Read More

Frankfurt Airport crippled by flash floods: Over 100 flights affected amid raging German storms

businessnewstoday- August 17, 2023

Frankfurt Airport, one of Europe's busiest transit hubs, faced significant disruptions as an unexpected deluge overwhelmed its premises on Wednesday, August 16. Massive rainstorms turned ... Read More