Canadian PROCESS EQUIPMENT & CONTROL NEWS
Vaisala has acquired K-Patents Group of Vantaa, Finland, a pioneer in in-line liquid measurements for industrial applications. The acquisition broadens Vaisala’s product offering to liquid measurements and strengthens its position as the global leader in the industrial measurement market.
Festo has acquired Fabco-Air of Gainesville, FL, a manufacturer of pneumatic automation components. The acquisition is the latest in a series of investments to support sales growth in North America. Fabco-Air’s NPT pneumatic cylinders are used on new machinery and systems and as replacement components.
Vortex has announced the acquisition of Kasa Fab, a custom metal fabrication and manufacturing company. Located in Salina, Kansas, Kasa Fab was a division of Kasa Companies, which includes Kasa Controls & Automation, IntelliFinishing and Kasa Anlagen.
Leverkusen, Germany–based pharmaceutical giant Bayer has completed the biggest acquisition in its history in the second quarter of 2018, when it acquired Monsanto for US$63 billion. Bayer considerably expanded its seed business through the acquisition of Monsanto, particularly for corn and soybeans, the company says.
Mercer International Inc. has announced that it has entered into an agreement with Marubeni Corporation, Nippon Paper Industries Co., Ltd., and Daishowa North America Corporation (together, DMI) to acquire all of the issued and outstanding shares of DMI for consideration of $465 million.
