The Krone Group reported record revenues exceeding EUR2.1bn for its financial year 2017/2018 ending on July 31, 2018 and which also marked a significant increase over the previous year’s result of EUR1.9bn.

Mahle GmbH has acquired transmission gears specialist, ZG-Zahnräder und Getriebe GmbH, to expand its expertise in powertrain transmissions.

Cobolt AB is a Swedish company specialising in the development and manufacturing of compact, high-performance lasers used in analytical instrumentation applications.