Honeywell to Sell ‘Productivity Solutions’ Division for $1.4B
Honeywell plans to sell its data collection and tracking business to label and sign manufacturer Brady Corp. in a deal valued at $1.4 billion, company …
Updates
Valve, Controls Supplier Cashco Acquires 3B Controls
Valve and industrial controls manufacturer Cashco has acquired the U.K.-based provider of storage tank solutions, company officials announced Wednesday. Cashco …
Eni, new gas discovery in Indonesia. Agreement signed with Saipem for Priolo
Eni announces a new gas discovery from the Geliga – 1 exploratory well, drilled in the Ganal block in the Kutei Basin, about 70 kilometres off the coast …
Lutz Holding expands into Italy with new Milan branch
German fluid management specialist Lutz Holding GmbH has strengthened its European footprint with the launch of a new Italian subsidiary, Lutz-Jesco Italia …
KSB increases its stake in AI-Omatic
Pump and valve manufacturer KSB is consistently advancing its digital strategy. The company is significantly expanding its strategic partnership with ai-omatic …
Saipem awarded two offshore contracts in the Kingdom of Saudi Arabia worth approximately 400 million USD
Saipem has been awarded two offshore contracts in the Kingdom of Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term …
Midland Industries Acquires HVAC Components Distributor TSI
Kansas City, MO-based pipe, valve and fittings redistributor and manufacturer Midland Industries ― a portfolio company of Gemspring Capital ― has acquired …
Heisco lands $563mln Kuwait Oil Company contract
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($508 million) from …
Honeywell to Fuel Petrobras’ First, Large-Scale Ethanol-To-Jet Project in Latin America
Honeywell announced on April 14th that Petrobras has selected Honeywell UOP’s Ethanol-to-Jet (ETJ) process technology for project development at its REPLAN …
Baker Hughes Sells Waygate Technologies to Swedish Firm for $1.45B
Baker Hughes has agreed to sell its Waygate Technologies business to Hexagon, a Swedish measurement technologies firm, for approximately $1.45 billion in cash. …