Darmstadt, Germany – On May 31, 2018, Schenck Process announced that Arvos Group, a Triton Fund IV company, has entered into an agreement to sell its Division Raymond Bartlett Snow to Schenck Process. Raymond Bartlett Snow (RBS), a leader in the design, manufacturing and construction of size reduction, classification and thermal processing equipment, will be a valuable addition to Schenk Process, a global technology and market leader in applied measuring technology.
Clermont-Ferrand, France & Hessle, United Kingdom – On March 19, 2018, Michelin announced that it intends to acquire Fenner PLC. Headquartered in Hessle, United Kingdom, Fenner is a global leader in reinforced polymer technology with 2017 annual revenues of GBP 655 million (approx. USD 920 million). It provides conveyor belt solutions and reinforced polymer products for the mining and general industrial markets.
Zug, Switzerland – Effective February 1, 2018, IEP Technologies, a member of the HOERBIGER Group, has acquired business operations, the portfolio, patents and trademark rights of Atexon Oy, a company headquartered in Oulunsalo, Finland, specializing in spark detection and extinguishing for industrial explosion protection. Continue reading IEP Technologies acquires Spark Detection Specialist Atexon
Downers Grove (IL), USA and Walla Walla (WA), USA – Global engineered equipment and automation solutions provider Duravant LLC has entered into a definitive agreement to acquire Key Technology, Inc., a designer and manufacturer of digital sorting, inspection, conveying and processing equipment.