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Beumer Group acquires full Control of the FAM Group of Magdeburg

The FAM Group of Magdeburg, a supplier of conveyor systems and loading technology, is now wholly owned by the Beumer Group, Beckum. Beumer is an international leader in the manufacture of intralogistics systems for conveying, loading, palletizing, packaging, sorting and distribution. The purchase agreement was signed in early May and legally concluded on June 9, 2022.

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BEUMER Group acquires FAM GmbH Madgeburg

The BEUMER Group, Beckum, a leading international manufacturer of intralogistics systems in the field of conveying and loading systems, palletizing and packaging technology, sorting and distribution systems has acquired FAM GmbH, Magdeburg a supplier of conveying systems and loading technology.

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Eirich Group acquires Stake in Start-up for Process Digitalization

The fourth industrial revolution is well under way, driving the intelligent networking of machines and processes in factories. Self-learning production systems and machinery are opening up innovative development opportunities for the German mechanical engineering sector that will strengthen its competitive ability even further. Against this background, Eirich is setting a new milestone for the worldwide Eirich Group: A joint venture with the name “Prosio Vision” offers intelligent control technology for the bulk material industry and will serve as the AI center of the Eirich Group.

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Microtunnel Boring Machine breaks new Ground with mineral oil-free hydraulic Fluids from German Specialists

The Saarbrücken civil engineering contractor SaarGrundbau has successfully completed a tunnelling project using a Herrenknecht AVN 1200 C micro boring machine (TBM) running on biodegradable hydraulic fluid from the German-based company Fluid-Competence. This particularly challenging engineering project involved driving a 96 m-long tunnel with simultaneous casing at a gradient angle of 34.60°.

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Hochtief approves Submission of the unconditional and final off-market Takeover Offer to the outstanding Shareholders of Cimic by Hochtief Australia

Hochtief Aktiengesellschaft, through its wholly owned Australian subsidiary Hochtief Australia Holdings Limited, holds a stake of approx. 78.58 % in Australian company Cimic Group Limited. Hochtief has approved the submission by Hochtief Australia of an unconditional and final off-market takeover offer to acquire each Cimic share held by the free float shareholders of Cimic other than Hochtief Australia for AU$ 22 cash per Cimic share.

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South Harz Potash: Drilling commences at Ohmgebirge

South Harz Potash Limited (ASX:SHP) announce that drilling has now commenced on drill site OHM-02, the first of two confirmatory holes located within the flagship Ohmgebirge Mining Licence (Ohmgebirge) area of its 100%-owned South Harz Potash Project. This hole is scheduled to be completed in early February and will be assayed for chemical composition immediately once core is withdrawn.

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Construction and Mining Machinery Industry getting ready for bauma 2022

More than 10 months before bauma opens its doors in Munich from October 24–30, the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment is expecting a very high level of participation: 97 percent of the available space has already been confirmed by exhibiting companies.

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thyssenkrupp opens new Service Center in Peru

In December 2021 thyssenkrupp Industrial Solutions has opened a second service center in Peru, expanding its mining operations in the country and further strengthening its presence in South America. With the installation of this new unit, which is located in La Joya, in the province of Arequipa, the company now has six service centers in the continent.

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Geodesia appoints new CEO Geodesia Germany

As part of its accelerated development in Germany, Geodesia appoints Volker Meyer as CEO of its German subsidiary. Volker is an entrepreneur, boasting a vast experience in management and construction of telecommunication networks. His mission will be to transform Geodesia's ambitions in Germany by supporting the rise of fiber-to-the-home and bringing Geodesia to become the leading player in the engineering and construction of ultra-high-speed networks.

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Despite Corona: STUVA Conference 2021 a complete Success with 2G plus

With well over 1,000 registered participants, numerous exhibitors and hundreds of trade visitors, the STUVA Conference 2021 at Messe Karlsruhe did not set a new attendance record, but in view of the pandemic situation the number of participants was simply overwhelming. Thanks to the precautionary measures laid down by STUVA, which went far beyond state regulations, an exceptional conference in all aspects was successfully held from 24 to 26 November 2021.

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SMT Scharf continues successful Business Performance in Q3 2021

  • Consolidated revenue rises to EUR 53.9 million in the first nine months of 2021
  • Operating profit (EBIT) improves to EUR 8.1 million
  • Managing Board further upgrades FY 2021 guidance: Consolidated revenue expected in the range of EUR 75 million to EUR 80 million and EBIT in the range of EUR 9 million to EUR 11 million
  • China III approval leads to positive subsequent revenue recognition effects and improved growth prospects in China
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