Halmstad, March 13, 2019.
HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has acquired 74.9% of all shares in the German company WEBfactory GmbH located in Buchen, Germany, a leading provider of web-based software solutions for the Industrial Internet of Things, IIoT.
With hydrostatic drives in construction and agricultural machines, I. C.-engines and hydraulic pumps are directly coupled. Both units are connected by a flange coupling. This connection has to meet a number of requirements – though primarily it has to transmit the power reliably enabling the machine to perform the pending operations as requested.
From 8 to 14 April 2019 NORD DRIVESYSTEMS will be exhibiting at bauma in Munich. This is the world's leading exhibition for construction and construction material machinery, construction vehicles and construction equipment. NORD drive solutions, from standard geared motors up to heavy industrial gear units, prove their value throughout the world in conveying and logistic equipment for bulk material, mineral and mining applications. At the exhibition, NORD will be presenting a completely new series of industrial gear units.
Attending the HANNOVER FAIR 2019, which will be held from the 1st to the 5th of April 2019 under the motto "Integrated Industry – Industrial Intelligence" NORD DRIVESYSTEMS will be presenting many new products as well as innovative drive solutions for digital factories.
Delta Electronics, Inc. (hereinafter referred to as “Delta”), a global provider of power and thermal management solutions, and Amerlux, LLC (hereinafter referred to as “Amerlux”), a U.S.-based LED architectural lighting solutions company, today announced the signing of a definitive agreement pursuant to which Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, will acquire 100% of Amerlux’s interests for USD 90,000,000 (approx. NTD 2,769,300). The transaction is expected to close during the second quarter of 2019. The aforementioned agreement includes an earn-out mechanism in which Delta will pay an additional pre-established amount for the transaction should Amerlux’s 2019 EBITDA(1) and revenue reach a predetermined target.
KTR has opened a new cooler production plant in Jiaxing/China. From the beginning of 2019 multimedia coolers for mobile machines as well as oil/air coolers for stationary hydraulics will be manufactured there.