Boosted by a 28% jump in revenues from its business in magnetic materials, fortunes continue to rise at Hitachi Metals while awaiting closure of its acquisition by investment group Bain Capital. For its fiscal year […]
In a string of recent deals, private equity firm Arcline Investment Management along with its subsidiary Quantic Electronics have bought up a prominent array of magnetics capabilities and products with their purchases of ECI Transcon […]
Flush with over 100 million Euro in liquidity and enjoying robust business growth, e-mobility equipment maker Aumann is signaling that it plans to make one or more acquisitions soon. In recent financial reports, the Beelen, […]
Leveraging its purchase of axial-flux motor developer YASA in England, Mercedes-Benz soon will build the high-performance motors at its Berlin site, as the luxury car brand seeks to go all electric by 2030. The move […]
Engineering software company Altair has acquired Powersim, a top provider of simulation and design tools for power electronics including power supplies, motor drives, control systems and microgrids. The acquisition expands Altair’s electronic system design technology […]
Targeting the growing electric vehicle market and electrification market trends, Worthington Industries has bolstered its steel processing business with the acquisition of global lamination manufacturer Tempel Steel for $255 million. Tempel makes motor and transformer […]
Ducommun, a defense and industrial manufacturer based in southern California, has acquired Magnetic Seal Corporation, a pioneering developer of engineered magnetic seals for aerospace and defense applications. The price was about $69.5 million. According to […]
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