Business

Bridgepoint, a private asset growth investors, has announced it is partnering with NMi Group (NMi), a pan-European provider of independent Advisory, Testing, Inspection, Certification, and Calibration (“ATICC”) services.

Sandvik has announced that it has completed the previously announced acquisition of Verisurf Software Inc., a US-based 3D metrology software solutions provider.

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between The Association For Manufacturing Technology (AMT) and the U.S. Cutting Tool Institute (USCTI), totaled $207.1 million in March 2025. Orders increased 4.3% from February 2025 but were down 4.2% from March 2024.

Automakers in the United States have invested in more automation: total installations of industrial robots in the car industry increased by 10.7%, reaching 13,700 units in 2024. These are preliminary results, presented by the International Federation of Robotics (IFR).

In a strategic move poised to reshape the digital engineering and industrial automation landscape, CADENAS GmbH has announced that it has officially become part of the KEYENCE Group, a global leader in automation and inspection technology. The acquisition is expected to propel the CADENAS 3Dfindit platform to new heights while reinforcing KEYENCE’s mission to deliver cutting-edge technologies with unmatched customer support.

ModuleWorks, a leader in toolpath generation, simulation and automation software, has announced a financial investment in Toolpath Labs, a company leveraging AI to optimize the machining business. The investment is part of a round of strategic investment in Toolpath Labs led by Kennametal Inc. and also joined by Leaders Fund.

The challenging geopolitical and economic environment has greatly impacted the business units within the ZEISS Group in different ways. Despite a mixed performance, the Group recorded a good first half-year overall.

Orders received by the German machine tool industry in the first quarter of 2025 were 10 percent down on the same period last year. Domestic orders fell by 30 percent, while export orders remained at the previous year’s level.

New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT), totaled $515.8 million in March 2025, the highest monthly value since March 2023.