m&a

Electromagnetics

discoverIE Grows Magnetics & Controls Division with Acquisitions & ‘Design Win’ Strategy 

November 7, 2024 Editorial Staff 0

discoverIE, an acquisitive electronics company based in England, continues to grow its Magnetics & Controls Division with three deals in its past fiscal year. Through organic growth of its existing businesses and an active acquisition strategy, the division has reached a level of about $340 million annual revenues with operations globally. Strategically focusing on “design wins” and expanding its merger and acquisition team have contributed to the momentum.  […]

Materials/Manufacturing

Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

October 15, 2024 Editorial Staff Comments Off on Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

Chinese rare earths company Shenghe Resources continues to build its footrprint as a globally connected rare earths company. In two recent moves, it pledged to invest $96 million in Australian minerals firm Peak Rare Earths that provides critical funding for its mine development in Tanzania and agreed to pay Toronto-based Neo Performance Materials $30 million to acquire processing assets of Neo in China. […]

Magnetics/Assemblies

Bel Fuse Grows Magnetics Portfolio at Signal Transformer, Plans to Acquire Enercon Technologies for $400M  

September 26, 2024 Editorial Staff Comments Off on Bel Fuse Grows Magnetics Portfolio at Signal Transformer, Plans to Acquire Enercon Technologies for $400M  

The Bel group, known widely by its flagship company Bel Fuse, is making several growth moves that include expansion of the magnetic products portfolio at Signal Transformer, and plans to acquire electronics manufacturer Enercon Technologies in a deal valued at $400 million.  […]

News

Acquisitions Grow Portfolio of Magnetic Instrumentation at Spectris 

September 5, 2024 Editorial Staff Comments Off on Acquisitions Grow Portfolio of Magnetic Instrumentation at Spectris 

The Spectris portfolio of analytical instrumentation for evaluating magnetic materials is growing dramatically by acquisition as several recent deals involving Micromeritics, SciAps and Malvern Panalytical come together. The combined companies in the Spectris Group, which also include HBK, Particle Measuring Systems and Servomex, now cover a greater range of capabilities in particle characterization, materials analysis and testing involving magnetic materials and effects. Additionally, some of its products employ permanent magnets and electromagnetic functionality, adding to its knowledgebase. There are now five companies and 7,600 employees in the group which, overall, serves many markets for precision measurement. […]

Materials/Manufacturing

Energy Fuels Roars Ahead in Rare Earths Production from Uranium Ore 

August 27, 2024 Editorial Staff Comments Off on Energy Fuels Roars Ahead in Rare Earths Production from Uranium Ore 

Uranium mining company Energy Fuels, riding a wave of high prices for its radioactive ore, has commissioned its mill in White Pass, Utah to add commercial production of neodymium praseodymium as a secondary product. With two new deals tapping properties in Australia and Madagascar, and a key executive appointment, the company is advancing further toward becoming a significant supplier of processed magnetic rare earths in North America. […]