Latest Industry News – 23/09/2022
News from the 16th - 23rd September 2022
Cambridge-based Aveva agrees to French energy firm's buyout
A UK industrial software company has agreed to a full buyout by a French energy and automation company.
Cambridge-based Aveva will be acquired by its major shareholder, Schneider Electric, in a deal that values the firm at £9.5bn.
The deal is due to be completed in 2023, with Schneider Electric buying about 40% of the shares it does not already own.
https://www.bbc.co.uk/news/uk-england-cambridgeshire-62981695
Colpac invests for multi-food pot manufacture to the UK
Colpac has launched a new range of FSC-certified multi-food pots which are manufactured at its UK factory.
Multi-food pots are food-to-go packaging which can cater for a wide range of dishes.
With a maximum of 7% plastic in the bases, Colpac’s new range of multi-food pots easily meets the OPRL guidelines for recyclability for 2023 and beyond.
Colpac invests for multi-food pot manufacture to the UK
Jaguar Land Rover begins converting Halewood factory to build EVs
Halewood factory in the UK into a site that can build vehicles based on its new electrified modular architecture (EMA).
Sources have revealed that the British car manufacturer has started the tendering process to upgrade the factory. Current plans call for an extended shutdown at the plant to begin in 2024 when the actual conversion will begin.
The site will be responsible for building both plug-in hybrid and all-electric vehicles using the EMA platform. This factory currently houses 3,700 employees and will soon benefit from an enlarged body shop. Both the Range Rover Evoque and Land Rover Discovery Sport are manufactured at the site.
Jaguar Land Rover Begins Converting Halewood Factory To Build EVs
