- In October 2024, Munters has acquired Hotraco, a leading developer of control systems and sensors for the agricultural sector, to enhance its FoodTech offerings. The acquisition aligns with Munters' digital strategy to create a data-driven ecosystem for efficient and sustainable food production. Hotraco’s premium automation solutions for poultry, layers, greenhouses, and crop storage expand Munters' reach in the food supply chain, especially in Europe. With an installed base of 45,000 controllers in 50 countries, this acquisition strengthens Munters’ European presence and integrates more data into its ecosystem. The deal is expected to close in Q4 2024
- In November 2022, Dürr received the BMW Group Supplier Innovation Award in the “Sustainability” category for its EcoPaintJet Pro painting process. This innovative, overspray-free technology enables precise, fully automated two-tone car painting while significantly reducing material waste. The BMW Group became the first automaker to implement EcoPaintJet Pro in series production at its Leipzig plant, enhancing efficiency and sustainability. Dürr CEO Dr. Jochen Weyrauch highlighted the collaboration with BMW as a key factor in revolutionizing automotive painting. This marks Dürr’s second BMW Group Supplier Innovation Award, following its 2011 recognition for the EcoDryScrubber technology
- In January 2025, CECO Environmental announced the successful acquisition of Profire Energy, a leading provider of intelligent control solutions for industrial combustion appliances. The USD 122.7 million transaction, finalized on January 3, enhances CECO’s position as a top environmental solutions provider in industrial markets. CECO’s CEO, Todd Gleason, highlighted the acquisition’s role in accelerating Profire’s growth across new energy, industrial, and international markets. This strategic move aligns with CECO’s mission to deliver innovative and efficient solutions that protect people, the environment, and industrial equipment
- In January 2022, CECO Environmental announced the successful acquisition of Profire Energy, a leading provider of intelligent control solutions for industrial combustion appliances. The USD 122.7 million transaction, finalized on January 3, enhances CECO’s position as a top environmental solutions provider in industrial markets. CECO’s CEO, Todd Gleason, highlighted the acquisition’s role in accelerating Profire’s growth across new energy, industrial, and international markets. This strategic move aligns with CECO’s mission to deliver innovative and efficient solutions that protect people, the environment, and industrial equipment
- In July 2022, TKS Industrial has been honored with the 2022 Excellent Performance Award from Toyota Motor North America. Toyota recognized the company for exceeding expectations on numerous projects, despite facing challenging conditions. This award highlights the dedication of the TKS team, from back-office staff to job site personnel. TKS remains committed to delivering high-quality products and services, ensuring the continued satisfaction of both new and returning customers
