Europe
HB Fuller acquires global industrial adhesives business of Forbo
HB Fuller has completed the acquisition of the global industrial adhesives business of Forbo Group, the company said on Monday. The unit generated approximately $580 million in revenue for the fiscal year ended Dec. 31, 2011 and operates 17 manufacturing facilities in 10 countries.
MAN Diesel & Turbo buys Swiss magnetic bearing specialist Mecos Traxler
MAN Diesel & Turbo has completed its previously-announced acquisition of Swiss-based magnetic bearing specialist Mecos Traxler. Mecos is the world's largest privately owned and independent company for the development and production of active magnetic bearing systems.
Oil trader Gunvor to buy, restart Petroplus refinery in Antwerp, Belgium
Oil trading and logistics company Gunvor Group said Friday it will buy the 107,500 bpd refinery that insolvent Swiss oil refiner Petroplus had shut down in Antwerp, Belgium. The deal is expected to close in six to eight weeks, the company said. Financial details were not disclosed.
Air Products to boost Russia industrial gas output
Air Products will construct and operate an over 200 tpd oxygen, nitrogen and argon liquefier and cylinder gases depot in Krasny Sulin in the Rostov region of Russia, the company said on Friday. The total value of both investments is over $30 million, according to the company.
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