NEWS
Combining strengths
Joint venture created between Asteelflash Group and Adetel Group
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steelflash Group and Adetel Group have decided to form a joint venture contracting company, EDMAA, in order to meet the requirements of their customers and offer a comprehensive package ranging from product design to turnkey manufacturing. With over 500 engineers, Adetel Group specialises in the design of onboard systems in the aerospace, defense & security, rail and medical sectors. With 5000 employees and production sites on four continents, Asteelflash Group focuses its expertise on electronics manufacturing and industrialisation services for manufacturing on a worldwide level. “The nature of this partnership allows us to offer an expanded package, thanks to the know-how of our two companies, which in turn enables us to meet the expectations of our respective customers,” confirmed François Sébès, CEO of Adetel Group. For Gilles Benhamou, CEO of Asteelflash Group, this is an opportunity to “offer a complete design-to-cost package in key sectors, thereby outsourcing products as a whole, which is an option that some of our customers are seeking.” Visit: www.asteelflash.com
ENGEL Austria and Plastisud: joint venture for China MAN Diesel & Turbo takes
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meet the specific needs of the Chinese market more effectively in future, the mould manufacturer Plastisud has joined forces with ENGEL Austria, the producer of injection moulding machines, to form a joint venture. Under the name of Green Cap, they are offering turnkey solutions for the production of sealing caps for water and soft drinks containers in China. Around the globe, demand for caps and closures is expanding by around 5% per year – and China is the world’s largest market in terms of volume. The world’s most populous country is imposing increasingly stringent requirements on packaging
Veidekke acquires Swedish construction company Brinkab AB
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a stage in the Veidekke group’s focus on the Swedish market, Veidekke Entreprenad AB has acquired the company Brinkab AB, which operates primarily along the Norrland coast to the Stockholm area and in Kiruna. Brinkab AB is a wellestablished company in the construction 18 Industry Europe
products and their manufacture: the weight of packaging needs to be reduced, quality needs to be raised and uncompromising performance must be delivered with maximum energy efficiency. “The Chinese market is very demanding. Chinese customers request nothing but the best,” emphasises Walter J. Jungwirth, director new business development at ENGEL Austria in the Austrian town of Schwertberg. “Green Cap is the best way for us to address this trend. We are offering maximum output and quality while optimising the cost structure for our customers.” Visit: www.engelglobal.com
sector with activities that primarily comprise new construction, renovation, remodelling and extensions and service for industry. The company’s annual turnover is around SEK 140 million and it has 130 employees. “The acquisition of Brinkab strengthens our construction activities and is perfectly aligned with our strategy related to growth and expansion in prioritised
over Kappel Propeller Designs
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he board of MAN Diesel & Turbo have approved the company’s takeover of Kappel propeller – including designs, software, and intellectual property together with continued cooperation with Mr Jens Julius Kappel. Mr Kappel said: “We have had a good cooperation with MAN Diesel & Turbo for almost 10 years. I hope that MAN will get the most out of the Kappel technology. Our cooperation does not end here – it will in fact become more intense.” Compared to conventional designs, the Kappel propeller blade designs offer fuel savings by up to 6%. Both new sales and the retrofit after sales business will benefit from the now MAN owned technology. In retrofit installations, especially in situations where ships undergo a changed operational profile with slow-steaming and de-rating of main engines, MAN Diesel & Turbo will be able to deliver superior propulsion solutions including state-of- the-art propeller designs offering even larger fuel savings. Visit: www.man.eu areas,” says Per-Ingemar Persson, CEO for Veidekke Sverige AB. “Veidekke wanted to strengthen its heavy construction expertise and capacity towards industry. We achieve this through the acquisition of Brinkab and enter the private construction market.” says Erik Alteryd, managing director of Veidekke Entreprenad AB. Visit: www.veidekke.com
