ALEC to acquire 100% of TARGET Engineering

ALEC Engineering and Contracting, part of the Investment Corporation of Dubai (ICD), has announced that it has signed a share purchase agreement...

Industry News

Cavendish Maxwell acquires majority stake in Property Monitor

Cavendish Maxwell, the UAE-based real estate advisory, and the country’s largest property valuation firm has announced that it will be acquiring a...

Industry News

Egis agrees to acquire U+A to enhance architecture and design capabilities

Egis has agreed to acquire multidisciplinary firm U+A’s business in the Middle East. The company notes that the acquisition will accelerate its...

Machinery

Sandvik to accelerate use of digital technologies in mines with acquisition of software firm

Sandvik has signed an agreement to acquire Polymathian Industrial Mathematics, an Australia-based provider of advanced mine optimisation software and services. According to...

Machinery

Oshkosh to acquire Italian machinery manufacturer Hinowa

Oshkosh Corp has entered into a definitive agreement to acquire Italian manufacturer Hinowa S.p.A, the company has announced. Hinowa specialises in track-based...

Machinery

United Rentals to acquire Ahern Rentals for $2bn

United Rentals has agreed to acquire Ahern Rentals for approximately $2bn in cash, with the transaction expected to close prior to the...

Machinery

Epiroc to acquire mining automation company, RCT

Mining specialist Epiroc has agreed to acquire Remote Control Technologies, an Australian company that provides automation and remote-control solutions to the global...

Sustainability

Masdar acquires UK-based BESS developer, Arlington Energy

Masdar has announced the acquisition of UK-based battery energy storage system (BESS) developer, Arlington Energy. The move will allow Masdar to expand...

Financial

Emaar investors approve Dubai Creek Harbour acquisition

Shareholders have approved Emaar Properties’ acquisition of Dubai Creek Harbour from Dubai Holding, the master developer has announced. Shareholders have also approved...