Phaeros Group has been acquired by Saab, a defence and aerospace solutions provider based in Sweden.

The transaction will help enhance Saab‘s maritime traffic management business worldwide.

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"The transaction will help enhance Saab‘s maritime traffic management business worldwide."

Headquartered in Belgium, Phaeros Group is engaged in developing software applications primarily for port and cargo terminal industry.

Zhongwang USA has agreed to acquire Aleris Corporation for an aggregate value of $2.33bn. The transaction is expected to be completed by next March.

Based in Ohio, US, Aleris produces aluminium-rolled products for a number of industries, including aerospace and defence.

The deal allows Aleris to expand its services to the aerospace and automotive sectors.

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Airport Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Airport Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Klayo’s talent and compliance platform tailored for airports has secured the Innovation Award in the Workforce Digitalization category . Learn how its competency gap analysis, integrated compliance hub and data-driven workforce planning are helping airports streamline operations, strengthen governance and engage employees.

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