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ABB has completed the divestment of its Power Conversion division to AcBel Polytech Inc. with an enterprise value of $505 million.  ABB expects to record a small non-operational [...] Read more Read More

“Bringing together the best of two worlds, a solid global business and a highly specialised innovative energy service provider.”   Sowing the seeds for the future The [...] Read more Read More

Today, Industrial Supply Company announced that its Chief Executive Officer, Chris Bateman, is retiring.    A leader with a 41-year history at the company, Bateman has been instrumental in [...] Read more Read More

Revenues rise by 5.3% to EUR 1,209.2 million At EUR 84.3 million, best operating results in 14 years Net profit grows to EUR 60 million (earnings per [...] Read more Read More

Fiscal 2023 Q3 Highlights    Net sales of $1,054.5 million increased 10.0% YoY (11.7% on an average daily sales basis), approximately 11 percentage points above the Industrial [...] Read more Read More

Coupa customers can access Mercateo's B2B assortment comprising hundreds of pre-vetted suppliers in 14 European countries.   Unite, with its integrated Mercateo B2B Marketplace, has entered into an [...] Read more Read More

The Niedax Group, for the first time, is sourcing and processing certified "Optemis® Carbon Lite" steel from Tata Steel UK, the largest steel producer in the UK. [...] Read more Read More

SCOPE 1 AND 2 EMISSIONS AT -47% (UPGRADE FROM TO THE PREVIOUS 2021 TARGET OF -46%) AND SCOPE 3 EMISSIONS AT -28% (UPGRADE FROM TO THE PREVIOUS [...] Read more Read More

element14 partners with organizations worldwide to support beekeepers and bee programs through adopting three million bees in the next 12 months   element14 has launched a new [...] Read more Read More

Caverion acquires VVS Teknikk Møre AS in Ålesund, West Norway.    The company employs approximately 35 experts, specialised in ventilation, piping and building automation, serving customers especially [...] Read more Read More