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Discover how a legacy of steel belt innovation continues to shape global industrial processes.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fipco-celebrates-sandvik-process-systems-heritage-at-125-oMgMoA.jpg","2026-05-26T21:31:26+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"Centric Software Enables Groupe GODET to Structure and Scale Complex Technical Product Data","centric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data","Discover how Groupe GODET scales its complex technical catalog with Centric Software’s PXM solution to drive digital transformation and growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcentric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data-2cP5Cb.jpeg","2026-05-26T20:59:42+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"SUBCON Thailand 2026 Hits US$ 705 Million in Parts Trade","subcon-thailand-2026-hits-us-705-million-in-parts-trade","Discover how SUBCON Thailand 2026 drove $705M in industrial trade, connecting global manufacturers with top Thai suppliers in key sectors.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fsubcon-thailand-2026-hits-us-705-million-in-parts-trade-s4mwHD.jpg","2026-05-26T01:52:55+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"ANSCER Robotics Secures US $5.4 M Led by IAN Alpha Fund","anscer-robotics-secures-us-54-m-led-by-ian-alpha-fund","ANSCER Robotics raises $5.4M to scale its AI-native warehouse automation platforms globally. See how they are redefining supply chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fanscer-robotics-secures-us-54-m-led-by-ian-alpha-fund-iIkfI8.jpg","2026-05-26T01:28:52+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Belrise Industries Delivers Strong FY26 Earnings and Strategic OEM Wins","belrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins","Belrise Industries reports strong FY26 results with a 41% jump in net profit and major global acquisitions in the aerospace manufacturing sector.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fbelrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins-iXDbRw.jpg","2026-05-25T18:53:18+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"Covestro, EMPTECH Partner on High-Security ID Solutions ","covestro-emptech-partner-on-high-security-id-solutions","Covestro and EMPTECH join forces to develop high-security ID document solutions, combining advanced material science with personalization technology.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcovestro-emptech-partner-on-high-security-id-solutions.jpg","2026-05-25T00:53:14+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"Castrol India Appoints Anoop Jindal as Vice-President B2B Sales","castrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales","Castrol India elevates Anoop Jindal to Vice President of B2B Sales for OEM & South Asia, effective June 2026. 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Learn how this strategic shift impacts global material processing.","\u003Cp>\u003Cimg style=\"float: left\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FSchenckProcess_DrJör~lrich_Brücke_v1.jpg\" alt=\"\" width=\"168\" height=\"224\" \u002F>Everstone Capital, a Singapore-headquartered investment firm and the private equity arm of Everstone Group, has completed the acquisition of Qlar Group, formerly Schenck Process, from Blackstone. Financial terms of the transaction were not disclosed.\u003C\u002Fp>\r\n\u003Cp>Qlar is a leading global provider of material handling and processing equipment for industrial applications. Founded in Germany, the company serves customers in sectors including cement, steel, chemicals and performance materials, rail, mining, and food. Under Everstone&rsquo;s ownership, Qlar will continue to operate under the existing brand and organizational structure, serving customers globally.\u003C\u002Fp>\r\n\u003Cp>Everstone will support Qlar&rsquo;s long-term development through continued investment in engineering, innovation, and talent. In partnership with the management team, the focus will be on executing on the company&rsquo;s strategy, strengthening market access and commercial capabilities, and further developing Qlar&rsquo;s solutions portfolio for more efficient, circular and lower-carbon material processing. This includes building on Qlar&rsquo;s well-established aftermarket and service business which complements its core equipment portfolio and provides ongoing support to customers across the installed base.\u003C\u002Fp>\r\n\u003Cp>Dr J&ouml;rg Ulrich, CEO, Qlar Group, said, &ldquo;The partnership with Everstone marks an exciting new chapter for Qlar. We are confident that Everstone&rsquo;s experience in supporting engineering-led, international businesses will help us execute our strategy and strengthen our purpose of driving sustainable transformation within our industries, while continuing to be a reliable partner to customers worldwide.&rdquo;\u003C\u002Fp>\r\n\u003Cp>Avnish Mehra, Vice Chairman - Private Equity, Everstone Capital, stated, &ldquo;Qlar is a differentiated industrial technology business with a strong global footprint and deep engineering capabilities. Its German heritage and technical expertise provide a solid foundation for long-term development, complemented by its significant operations in Asia that further support customer access and growth across key markets. We look forward to working closely with the management team to build on these strengths and support the company&rsquo;s continued evolution.&rdquo;\u003C\u002Fp>\r\n\u003Cp>Peter Graham, Managing Director, Unison Asia, Advisor to Everstone Capital, added, &ldquo;Qlar has established a strong position in critical industrial applications, underpinned by deep process expertise and long-standing customer relationships. We see clear potential to build on these strengths together with the management team, broaden commercial opportunities, and support continued development across key global markets.&rdquo;\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.everstonecapital.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F5V07HsQSvloXPkVIhgqh.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2026\u002F5V07HsQSvloXPkVIhgqh.jpg","2026-05-09T00:52:50+05:30",0,"Everstone Capital has completed its acquisition of global material handling provider Qlar Group from Blackstone.\nQlar will retain its current branding and organizational structure while focusing on sustainable, low-carbon processing solutions.\nThe partnership aims to leverage Qlar’s engineering expertise to expand market access and strengthen global commercial capabilities.","Big shifts in the industrial landscape: Everstone Capital has officially acquired Qlar Group (formerly Schenck Process) from Blackstone. As a leader in material handling and processing equipment across the cement, steel, and chemical sectors, Qlar is well-positioned for its next chapter of growth. Everstone plans to lean into Qlar’s German engineering roots while accelerating innovation in circular and lower-carbon material processing. With a focus on strengthening market access and expanding their already robust aftermarket services, this acquisition marks a strategic move toward more sustainable industrial operations. We look forward to seeing how this partnership evolves in the global trade sector. How do you see private equity reshaping industrial technology this year? #PrivateEquity #IndustrialTechnology #MergersAndAcquisitions","Major acquisition news: Everstone Capital has acquired industrial leader Qlar Group from Blackstone to boost innovation in sustainable material processing. A strategic move for the global industrial manufacturing sector. #IndustrialNews #EverstoneCapital","Big news in the industrial world! 🏗️ Everstone Capital has officially acquired Qlar Group (formerly Schenck Process) from Blackstone. As a powerhouse in material handling and processing, Qlar is set to take its engineering expertise to the next level under new ownership. The focus? Accelerating innovation in low-carbon and circular processing solutions while continuing to support their global customer base. It’s an exciting chapter for the future of industrial sustainability and tech! 🚀 What are your thoughts on this latest shift in the market? 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