Private equity firm MiddleGround Capital has acquired PVI Holdings, Inc., the parent company of W&O Supply, Setpoint Integrated Solutions and A-T Controls.“It was a cultural fit from our first meeting. MiddleGround brings a unique style to private equity that has my team fired up about the future…

Jörg Franzke, the newly appointed president of Scania U.S.A., Inc., is a company veteran, having been with the Scania group since 1995, building a wide experience in various positions such as Services, Truck Sales, R&D, Network Development and Quality Management.

Prysmian Group, the energy and telecom cable systems provider, on Wednesday welcomed U.S. President Joe Biden on a visit to the site of its new subsea power cables plant in Brayton Point, Massachusetts. Prysmian said it was set to transform the area…

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders. Accelleron’s listing on SIX Swiss Exchange in Zurich is planned for October 3…