PHINIA Inc., a global leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced the successful completion of its acquisition of Swedish Electromagnet Invest AB (publ). SEM is a century-old specialist in advanced ignition systems for natural gas, hydrogen, and other alternative fuels, as well as in injector stators and linear position sensors […]
Acquisitions
Tata Motors to acquire Iveco Group
Iveco Group N.V., a European leader in commercial vehicles and mobility, and Tata Motors have reached an agreement to create a commercial vehicles group with the reach, product portfolio and industrial capability to be a global champion in this dynamic sector. The envisaged recommended voluntary tender offer will be made by TML CV Holdings PTE […]
Shell completes acquisition of Raj Petro Specialities, strengthening its lubricants portfolio and customer base
Shell Lubricants has successfully completed the acquisition of a 100% equity interest in Raj Petro Specialities Pvt. Ltd. from the Brenntag Group, reinforcing its commitment to India as a key growth market. This strategic acquisition enhances Shell Lubricants’ presence across critical sectors, including power transmission, personal care, and pharmaceuticals. It also supports Shell’s ambition to […]