Mergers & Acquisitions

EXFO Acquires Optical RF Test Technology from Absolute Analysis

November 9, 2016

  • Absolute Analysis is a technology leader in real-time optical RF over CPRI protocol analysis
  • Given EXFO's leadership in fiber testing, acquisition combines the only complete solution for optical, Ethernet and RF analysis for next-generation wireless fronthaul networks

QUEBEC CITY, Oct. 31, 2016 - EXFO Inc. (NASDAQ: EXFO, TSX: EXF), the trusted partner to... Read More

Boston Scientific Announces Acquisition of The LumenR™ Tissue Retractor System

November 5, 2016

Technology to Improve Management of Gastrointestinal Diseases

MARLBOROUGH, Mass., Nov. 3, 2016 - Boston Scientific (NYSE: BSX) today announced the acquisition of the LumenR™ Tissue Retractor System from LumenR LLC, a privately held Newark, California based company. The LumenR Tissue Retractor System is currently in development for use during endoscopic resection of lesions in the... Read More

Brock White Construction Company Announces New Ownership

November 5, 2016

ST. PAUL, Minn., Nov. 2, 2016 - Brock White Company is pleased to announce its acquisition by The Sterling Group, a Houston-based private equity firm. The acquisition provides an exit strategy for the owners who have guided and grown the business over the last 30 years and an exciting new avenue for the company to continue its growth and prosperity well into the future. Brock White's... Read More

Brock White Construction Company Announces New Ownership

November 4, 2016

ST. PAUL, Minn., Nov. 2, 2016 - Brock White Company is pleased to announce its acquisition by The Sterling Group, a Houston-based private equity firm. The acquisition provides an exit strategy for the owners who have guided and grown the business over the last 30 years and an exciting new avenue for the company to continue its growth and prosperity well into the future. Brock White's... Read More

Workhorse Group Purchases Existing Facility in Ohio

November 4, 2016

Intends to Expand Battery Pack Factory

CINCINNATI, Oct. 31, 2016 - Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company") announced today that the company has purchased its existing facility as well as adjoining space in Loveland, Ohio. With the additional space, Workhorse intends to expand its battery pack factory facilities currently in place at the existing facility.

... Read More

Dominion Midstream to Acquire Questar Pipeline

November 4, 2016

- Transaction expected to close Dec. 1, 2016

- Upon closing, acquisition will more than double Dominion Midstream's adjusted EBITDA, eliminating need for additional asset contributions or equity financing until second half of 2018

- Contribution will be immediately accretive to Dominion Midstream's distribution per unit and supports partnership's best-in-class... Read More

RPM Acquires UK Industrial Tape Manufacturing Business

November 4, 2016

MEDINA, Ohio, Nov. 2, 2016 - RPM International Inc. (NYSE: RPM) today announced that it has acquired Adhere Industrial Tapes Ltd. to be part of its tremco illbruck business group. Adhere manufactures a wide variety of single- and double-sided foam tapes used in construction and industrial applications. Based in Colchester, in the United Kingdom, it has annual net sales of approximately $6... Read More

U. S. Steel and Bedrock Industries Agree to Restructuring And Sale of U. S. Steel Canada

November 4, 2016

PITTSBURGH, Nov. 1, 2016 - United States Steel Corporation (NYSE: X) ("U. S. Steel" or "the Corporation") announced today that it has agreed to proposed terms with Bedrock Industries Group LLC ("Bedrock") regarding the sale and transition of ownership of U. S. Steel Canada, Inc. ("USSC") to Bedrock. The transaction is subject to satisfactory completion of customary definitive documentation and... Read More

Nucor Completes Acquisition of Independence Tube Corporation

November 4, 2016

CHARLOTTE, N.C., Nov. 1, 2016 - Nucor Corporation (NYSE: NUE) announced today that it has closed on its acquisition of Independence Tube Corporation for approximately $435 million.

"We are pleased to welcome the 335 teammates at Independence Tube to the Nucor family," said John Ferriola, Chairman, CEO and President of Nucor Corporation. "This is a great acquisition for Nucor, giving us... Read More

Southern Company Subsidiary Acquires Wake Wind Energy Center

October 31, 2016

ATLANTA, Oct. 28, 2016 - Southern Company subsidiary Southern Power today announced the acquisition of a controlling interest in the 257-megawatt (MW) Wake Wind Energy Center, the company's first wind acquisition in Texas. Invenergy Wind LLC developed and constructed Wake Wind and owns the remaining interest in the project. "Southern Power remains committed to strategically developing our... Read More

Atlas Fibre Bolsters Manufacturing Capabilities by Acquiring Two Chicago Area Companies

October 31, 2016

SKOKIE, Ill., Oct. 28, 2016 - Atlas Fibre Company, the largest manufacturer of turned and precision ground laminate rod and a leading provider of finished machined components made out of plastic and non-metallic thermoset materials, announces its acquisition of two companies: Assured Quality Technologies (AQT) and Automation Liberation Group (ALG). Both AQT and ALG are Chicagoland area companies.... Read More

LP Announces Mill Exchange to Increase Siding Capacity

October 31, 2016

NASHVILLE, TN, Oct. 28, 2016 - Louisiana-Pacific Corporation (LP) (NYSE: LPX) today announced that it has reached an agreement with Norbord Inc. (NYSE and TSX: OSB) to exchange OSB mills in Quebec, Canada. LP will swap ownership of its Chambord, Quebec, mill for Norbord's Val-d'Or, Quebec, mill. The asset exchange is expected to be complete in early November 2016. This transaction, along... Read More

Norbord Announces Mill Exchange in Quebec

October 31, 2016

TORONTO, Oct. 28, 2016 - Norbord Inc. (TSX and NYSE: OSB) today announced that it has reached an agreement with Louisiana-Pacific Corporation (LP) (NYSE: LPX) to exchange OSB mills in Quebec. Norbord will swap ownership of its mill in Val-d'Or, Quebec for LP's OSB mill in Chambord, Quebec. Both mills have been curtailed for a number of years. "This asset exchange will better align our... Read More

RCD LLC Acquires Detroit Tool & Engineering

October 31, 2016

83 Year old company is positioning for new growth Lebanon, Missouri: October 26, 2016 - RCD LLC, held by industry leading executive Jim Sheldon, announced that it has acquired Detroit Tool Engineering (DTE Inc.), a world class automation and tooling engineering and manufacturing company. The company was acquired from the St. Louis based private equity firm of Thompson Street Capital Partners.... Read More

Southern Company Subsidiary Closes on Natural Gas-Fired Power Facility in Minnesota

October 28, 2016

ATLANTA, Oct. 27, 2016 - Southern Company subsidiary Southern Power today announced it has completed the acquisition of the Mankato Energy Center from Calpine Corporation. Located in Mankato, Minnesota, the facility includes two natural gas units – the existing 375-megawatt (MW) Mankato Energy Center I and the 345-MW Mankato Energy Center II expansion, which is under development. "The Mankato... Read More

Commercial Metals Company Signs Definitive Asset Purchase Agreement for Purchase of Steel Fabrication Business of Associated Steel Workers, Limited

October 28, 2016

IRVING, Texas, Oct. 26, 2016 - Commercial Metals Company (NYSE: CMC) announced that its wholly owned subsidiary, CMC Steel Fabricators, Inc., signed a definitive asset purchase agreement to acquire the steel fabrication business of Associated Steel Workers, Limited (ASW). ASW's steel fabrication business fabricates, delivers and installs uncoated black reinforcing bar and related materials as... Read More

Analog Devices Acquires Innovasic

October 28, 2016

Adds Deterministic Ethernet Technology and Expertise for Robust, Real-Time Connectivity in Highly-Synchronized Industrial Automation Networks and Industrial IoT NORWOOD, Mass.- Analog Devices, Inc. (NASDAQ: ADI) today announced the acquisition of Innovasic Inc., a leading provider of Deterministic Ethernet semiconductor and software solutions. The acquisition adds a suite of multiprotocol... Read More

Bloom Energy, Southern Company and its Subsidiary PowerSecure announce Acquisition of an Estimated 50 Megawatts of Distributed Fuel Cells

October 27, 2016

Strategic alliance to integrate advanced, distributed power generation and smart storage technologies ATLANTA and SUNNYVALE, Calif., Oct. 25, 2016 - Bloom Energy, Southern Company and its subsidiary PowerSecure have announced a strategic alliance, which will include project investment and joint-technology development to provide behind-the-meter energy solutions. PowerSecure will acquire an... Read More

Callon Petroleum Company Announces Closing of Midland Basin Acquisition

October 27, 2016

NATCHEZ, Miss., Oct. 24, 2016 - Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the closing of its previously announced acquisition of certain assets located in the Midland Basin within its WildHorse operating area. On October 20, 2016, the Company completed the acquisition of 6,904 gross (5,952 net) acres primarily located in Howard County, Texas from Plymouth... Read More

DTE Energy Closes Purchase of Natural Gas Midstream Assets

October 24, 2016

DETROIT, Oct. 20, 2016 - DTE Energy today announced it completed the $1.3 billion purchase of midstream natural gas assets in Pennsylvania and West Virginia. "This completed acquisition is a great addition to our portfolio and supports both our strategy in this segment and our drive to continue to grow and earn strong returns for shareholders," said Gerry Anderson, DTE Energy chairman and CEO.... Read More