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K-TIG says conditions for acquiring Graham Engineering have not yet been met

Australia-based precision welding technology company K-TIG Limited reported that the share purchase agreement (SPA) to acquire Graham Engineering Limited (GEL) has reached its sunset date of 31 August 2023 with a number of conditions precedent that have not yet been satisfied.

Upgrades revealed for Royal Australian Navy’s HMAS Albatross airfield

The Royal Australian Navy's acquisition of a new batch of naval combat helicopters has been hailed as a major economic boost for the Shoalhaven amid a major upgrade to the HMAS Albatross air station.

Pact Group sells 50% of Crate Pooling business to Morrison & Co

Pact Group is selling half of its Crate Pooling business to Morrison & Co, a global infrastructure investment manager, in a bid to expand capabilities and boost reusable plastic crate operations. 

Westbridge acquires modern manufacturing site in Wacol

Westbridge Funds Management, a Western Australia-based property fund manager, has acquired a modern manufacturing facility in the prime industrial precinct of Wacol, southwest of the Brisbane Central Business District. 

Nano Dimension acquires technology and intellectual property of British software company Additive Flow

Israeli company Nano Dimension announced the acquisition of the technology and intellectual property of Additive Flow, a UK-based firm that provides solutions for 3D design simulation and optimisation.

Pool equipment manufacturer Waterco to buy Davey for $65 million

Waterco, a global water treatment provider and pool equipment manufacturer, is set to acquire Davey Water Products, a subsidiary of GUD Holdings, for $64.9 million. 

CIMIC’s Sedgman buys Canadian engineering and metallurgy company Novopro

Sedgman, a CIMIC Group subsidiary, has acquired Novopro Projects Inc, a Canadian engineering and metallurgy firm that provides technical services and process equipment to projects in North America, Europe, Africa, the Middle East, and Australia.

Building materials leader CSR agrees to buy Woven Image to scale market offering

Australian building products company CSR Limited has agreed to acquire Woven Image, a leading company in sustainable design-led acoustic finishes and textiles for $43 million. 

3D Systems sets forth an enhanced proposal to merge with Stratasys

3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock. 

Stratasys gets takeover bid from US firm 3D Systems

3D Systems has submitted an unsolicited proposal to acquire Israeli 3D-printing firm Stratasys, which recently entered into a USD 1.8 billion merger agreement with Desktop Metal in late May.
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