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Kongsberg Maritime to acquire Berg Propulsion 

Kongsberg Maritime ASA announced an agreement to acquire the Swedish company Berg Propulsion AB. The company is a leading designer and manufacturer of integrated propulsion and electrical systems for the marine market (image: courtesy of Berg Propulsion)

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Deutz announces a cost-cutting program

At its Capital Markets Day in Cologne, Deutz presented an update of its Dual+ strategy and announced a cost-cutting program to counter the cyclically-induced decline in demand.
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Kohler Energy rebrands as Rehlko

Kohler Energy today officially rebranded under its new corporate name Rehlko (pronounced REL-co), marking a major milestone in the company’s 100-plus-year history
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