6 minute read
Linking up Combining strengths
NEWS
Combining strengths
Joint venture created between Asteelflash Group and Adetel Group
Asteelflash 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
T0 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 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
MAN Diesel & Turbo takes over Kappel Propeller Designs
The 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
Veidekke acquires Swedish construction company Brinkab AB
AS 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 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 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
LINKINGUP
AUDI AG acquires Ducati Motor Holding SpA
AUDI AG is acquiring from Investindustrial Group the Italian sports motorcycle manufacturer Ducati Motor Holding SpA, which has its registered office in Bologna.
Ducati is known worldwide as a leading brand in motorcycle manufacture, with outstanding expertise in engine development and lightweight construction. Alongside the traditional Italian brands Lamborghini and Italdesign, Ducati is now a third pillar for AUDI AG in Northern Italy. Another building block in the company’s growth strategy thus falls into place.
Rupert Stadler, chairman of the board of management of AUDI AG, declared: “Ducati is known worldwide as a premium brand among motorcycle manufacturers and has a long tradition of building sporty motorcycles. It has great expertise in high-performance engines and lightweight construction, and is one of the world’s most profitable motorcycle manufacturers. That makes Ducati an excellent fit for Audi.”
The progressive control systems and special combustion chamber process of Ducati engines, their resulting sporty character and Ducati’s extensive know-how in lightweight construction thus offer great potential for AUDI AG and the Volkswagen Group. Visit: www.audi.com
INCJ, Hitachi Construction Machinery and Nissan to integrate forklift businesses
Innovation Network Corporation of Japan (‘INCJ’), Hitachi Construction Machinery Co., Ltd. (‘Hitachi Construction Machinery’) and Nissan Motor Co., Ltd. (‘Nissan’), have signed a definitive agreement to integrate their forklift businesses, which are operated by subsidiaries of Hitachi Construction Machinery and Nissan (TCM Corporation and Nissan Forklift Co. Ltd, ‘the Subject Subsidiaries’) into a new company, UniCarriers Corporation, to be established and operated mainly by INCJ.
All issued shares of the Subject Subsidiaries will be transferred to the new company, and a total of 30 billion yen of growth capital will be injected by INCJ into the new company. The voting shares of the new company will be held as follows: 53.3% by INCJ, 26.7% by Hitachi Construction Machinery and 20.0% by Nissan. The new company aims to start operations under the new administration within 2012. Visit: www.nissan-europe.com
ASSA ABLOY acquires Traka Plc
ASSA ABLOY has acquired Traka Plc in the UK. Traka is a leader in the fast growing segment of intelligent key cabinets and asset management solutions. The sales are evenly split between the UK and export markets. The company has a strong track record of innovation and growth.
“Traka’s leading technologies and solutions will provide us with access to new markets in the UK where we are not active today and will enhance our offering in other regions. Traka brings to ASSA ABLOY an attractive product range and an excellent team,” says Tzachi Wiesenfeld, executive vice-president of ASSA ABLOY and head of the EMEA Division. Visit: www.assaabloy.com
STRABAG SE takes over Brandner Wasserbau
The publicly listed construction group STRABAG SE has acquired 100% of Brandner Wasserbau GmbH based in Wallsee, Lower Austria. The family SME has been active in the fields of hydraulic engineering, sand and gravel mining, and hydrography for more than 200 years.
Brandner Wasserbau employs some 40 people. Most of its revenue was generated in the field of hydraulic engineering with an extensive fleet of ships and specialty maritime equipment. The company also has access to raw material resources that are important for hydraulic engineering on the Danube, including a quarry and a gravel pit directly on the riverbank.
With the acquisition of the hydraulic engineering firms Möbius and Ludwig Voss in the past few years, STRABAG has become the hydraulic engineering market leader in Germany. The acquisition of Brandner now allows the group to also work this business field in Austria using its own equipment and personnel. Visit: www.strabag.com
