International news digest
1st Quarter 2010
News & events
Matrikon has announced that it purchased the remaining 51% of Matrikon-SoftDEL India from joint venture partner SoftDEL Systems on 11 November, 2009 for CAN$575,000.
The company, with approximately 30 full-time staff, will operate as Matrikon India. Matrikon India will continue to expedite the company’s R&D efforts while building the skill set to support growth in the Middle East, where Matrikon anticipates growing demand for its products and services.
Sun Hydraulics Corporation recently reported a modest rebound in sales and incoming order for the third quarter. President and CEO, Allen Carlson, says the company is cautiously optimistic about prospects for the fourth quarter.
Sun’s electrically-actuated valves continue to gain attention in the marketplace and the company’s prototype development for integrated packages has remained busy throughout the last three quarters, leading to new orders.
Fourth quarter 2009 revenues are expected to be approximately US$26 million, down 21% from the fourth quarter of 2008. Earnings per share are estimated to be $0,05 to 0,07 compared to $0,15 in the same period a year ago.
Danfoss A/S (Danfoss) announced in late December 2009 that it intends to launch a cash offer for all the outstanding shares of common stock of Sauer-Danfoss (Sauer-Danfoss) not already owned by Danfoss and its subsidiaries. Danfoss and its subsidiaries currently own a stake of approximately 75,7% in Sauer-Danfoss.
The offer of US$10,10 per share values the stake of approximately 24,3% not currently owned by Danfoss and its subsidiaries at approximately $118 750 000.
The rationale for the offer is that Danfoss believes that private ownership will assist Sauer-Danfoss in reaching its operational and strategic objectives.
Further reading:
Next-generation motor management solution
Schneider Electric South Africa
News & events Other technologies
Schneider Electric has launched its TeSys Tera motor management solution in the West African market, combining advanced motor protection, digital connectivity and real-time diagnostics for manufacturing, mining and water applications.
Read more...
Integrated Air Solutions places energy efficiency at centre stage
News & events
Integrated Air Solutions will showcase Tier 1 compressor brands, advanced technologies and compressed air solutions at Electra Mining Africa 2026, with energy efficiency and total cost of ownership at the core of its exhibition theme.
Read more...
SI programme strengthens partner ecosystem
Schneider Electric South Africa
News & events
Schneider Electric will soon officially launch its new System Integrator (SI) Programme, which will mark a major change in how the company partners with industrial automation specialists across Southern, East and West Africa.
Read more...
OMRON Robotics demos next-generation autonomous mobile robots
Editor's Choice News & events Robotics & Mechatronics
Advancing smarter material flow with the all-new LD-150 and LD-300 AMRs, OMRON Robotics demonstrated the next generation of its flagship LD series autonomous mobile robots (AMRs) at Automate 2026 in June.
Read more...
Pump spares and parts for Africa
News & events
KSB Pumps and Valves explains how its decentralised stockholding and local manufacturing keep spares and parts available across its installed base in Africa.
Read more...
The hidden heroes who shape Africa’s industrial future
Bosch Rexroth Africa
Editor's Choice News & events
Behind every industrial success story, there’s a human one. Their names may never appear on a project signboard or in a headline. Yet their expertise and determination keep industries moving every day.
Read more...
Bühler Southern Africa leads industry dialogue on apprenticeships
Editor's Choice News & events
Bühler Southern Africa brought together representatives from industry, government and international organisations on
30 June 2026 to explore how quality apprenticeships can help bridge the gap between high youth unemployment and industry demand for skilled technical workers.
Read more...
Drive technology for the agricultural sector
SEW-EURODRIVE
News & events
SEW-EURODRIVE’s advanced drive, automation and condition monitoring technologies are helping agricultural businesses.
Read more...
New digital tool reconditioning portal puts customers fully in control
News & events
Sandvik Coromant has upgraded its tool reconditioning service for solid round tools. The upgraded service replaces a previously manual, multi-stage workflow with a streamlined, fully online experience that dramatically reduces quotation and turnaround times.
Read more...
New automation innovations on show at Electra Mining Africa 2026
News & events
South African engineers are leaders in innovation and technology development. Many of these innovations and newly automated systems will be on display at the largest trade show of its kind in southern Africa, Electra Mining Africa 2026, taking place in Johannesburg later this year.
Read more...
printer friendly version