Swiss engineering group ABB has agreed to buy Atlanta-based Ventyx for more than $1 billion, it has been announced.  The move will boost ABBÔÇÖs position in the management of energy networks, as well as strengthening its position in North America. Zurich-based ABB, which sells power equipment to utilities and oil & gas companies, is buying Ventyx from San Francisco-based private equity company Vista Equity Partners. Ventyx provides software to utilities and grid operators, enabling them to better match electricity generation with consumption.

Swiss engineering group ABB has agreed to buy Atlanta, US-based Ventyx for more than $1 billion, it has been announced.

Goldcorp Inc., the worldÔÇÖs second-largest producer of gold by market value, plans to sell its Guatemalan silver mine for $505 million to CanadaÔÇÖs Tahoe Resources Inc.

Norsk Hydro, Europe's third-largest steel producer, has agreed to buy key mining assets from Brazil's Vale in a deal worth $4.9 billion (approximately Ôé¼3.7 billion).

The Prestige Group, South Africa’s largest specialist cleaning company, has its sights set on becoming a complete one-stop-shop for facilities management. CEO Johan Du Toit explains to Gay Sutton how good people management is a key element of the company’s success.

Adapting its business strategy to suit the local market is a skill that JHI Property has already perfected—and one that will prove invaluable as it eyes further expansion on the African continent. Andrew Pelis talks to project manager Jaco Nel to find out more.

One might expect recent economic conditions to have created the greatest concern for Africa’s property management market; but it is the reliability of contractors that remains the pre-eminent factor for Johannesburg-based JHI Property.

Toyota is investing considerable resources in developing its South African supply chain. VP of Purchasing and Engineering Nigel Ward explains to Gay Sutton the value of collaborative supplier relations and Toyota’s philosophy of respect for people and mutual trust.

For this Italian yacht fitter, the reward for its consistent focus on reliable quality is a client base spanning the globe. Andrew Pelis talks to Gianluca Tempesta to find out more.

Valued resources
Companies operating in isolated areas must focus their attention on a robust retention strategy, among other things. As Alan Swaby learns, the extra effort is frequently worthwhile.

A journey, not a destination
As part of the renowned Tata Group, Voltas Limited has improvement in its DNA but as its vice president of Business Excellence Prashant Karkare explains to John OÔÇÖHanlon, its definition of this word extends far beyond financial results and reaches deep into Indian society at large.