Exxelia, a global manufacturer of passive components and sub-systems headquartered in Paris, has acquired controlling interest of SVM Private Limited in India which specializes in the design and manufacturing of magnetic components and busbars for healthcare and industrial end-markets. […]
Intent on growing its business in custom manufacturing for medical devices and industrial applications, precision audio specialist Knowles Corporation is repositioning through two key corporate deals — divestiture of its consumer MEMS (micro-electromechanical systems) microphone business and the acquisition of Cornell Dubilier, while focusing on targeted growth markets for its core capabilities in precision miniaturization. Among the company’s magnetic technologies are miniature windings and balanced armature speakers and drivers. […]
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. […]
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. […]
In the rapidly growing market for transcranial magnetic stimulation (TMS) treatment of depression and other mental health issues, the proposed merger of equipment provider Neuronetics and clinical services provider Greenbrook TMS aims to create a […]
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. […]
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. […]
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