Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A. (Fanar), a manufacturer of round tools. The company will be reported in Seco, a division within the business area Sandvik Manufacturing and Machining Solutions.
Turnover of €101.9 million in year ended 31 January 2021
Turnover down 22% from €131 million in 2019 (32% like-for-like)
Drop mitigated by €14 million external growth
EBITDA reached €8.5 million (vs €13.6 million in 2019)
EBITDA margin at 8.3% thanks to fast implementation of cost-cutting programme (vs 10.4% in 2019)
Operating profit (EBIT) down but still positive, at €0.2 million (vs €7.1 million in 2019)
Net result loss of €1.5 million (vs €3.7 million net profit in 2019)
Capex of €5 million focused on sustainability and future growth
Joining forces against increasing product and brand piracy
Accelerated revenue growth
The printing ink manufacturer headquartered near Stuttgart, Germany, is strengthening its international presence
Xaar has completed the acquisition of print systems and printbar specialist FFEI Limited. The deal will accelerate the company’s existing growth strategy and will enable Xaar to capture additional opportunities in vertically integrated solutions.
Tuck-ins represent Mt. Royal’s first expansion outside of the greater Maryland / Washington, DC / Northern Virginia market.
- First organisational milestone in the creation of the technotrans umbrella brand
- Creation of competence centres for target markets
- Expansion of technology leadership in thermal management
Marbach, Heilbronn-based tool supplier for the packaging industry, takes on social responsibility as a family-owned company.
The Rohde & Schwarz technology group, a trailblazer in future areas such as 6G and autonomous driving, will now also be active in the field of quantum computing. The July 1, 2021 acquisition of Zurich Instruments AG, a technological leader in test and measurement, will help Rohde & Schwarz further expand its Test & Measurement Division. The Swiss company Zurich Instruments AG will be run as a full subsidiary.
MCC to merge with Fort Dearborn Company
Multi-Color Corporation ("MCC") and Hexagon Holdings (“Hexagon”) are today jointly announcing that the parties have signed a binding Sale and Purchase Agreement whereby MCC will acquire 100% of the shares in Hexagon. The acquisition includes Hexagon subsidiaries Hally Labels AU, Label Partners AU, Adhesif Labels NZ, Hally Labels NZ, Kiwi Labels NZ & Rapid Labels NZ.
Hexagon AB, a global leader in digital reality solutions, today announced an agreement to acquire Infor’s global EAM (enterprise asset management) business, for approximately 2,750 MUSD*.
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