Mergers & Acquisitions

FEV North America, Inc. Acquires Majority Stake in Automation and Test Product Maker TrigTec

October 19, 2016

Acquisition expands FEV's ability to provide customers with highly engineered testing solutions AUBURN HILLS, Mich., Oct. 17, 2016 -- FEV North America, Inc. (FEV) announced today that it has acquired a 51-percent stake in automation and testing products maker TrigTec. The acquisition was completed on Sept. 20, and stipulations are in place that could allow FEV to expand its future ownership... Read More

Tecomet Inc. Announces Acquisition of Mountainside Medical

October 19, 2016

Acquisition Broadens Tecomet's Capabilities in Minimally Invasive Surgery Applications WILMINGTON, Mass., Oct. 17, 2016 -- Tecomet Inc., a global provider of innovation, design development services and manufacturing solutions for OEMs in the medical and aerospace defense industries, today announced the acquisition of Mountainside Medical, a supplier of complex, high precision medical device... Read More

An Initial Transaction as Part of a Sustained Growth Plan - Group Simoneau Acquires Ontario-based Sterling Combustion

October 19, 2016

BOUCHERVILLE, QC, Oct. 17, 2016 - Group Simoneau, a specialist in the design and manufacture of high-performance industrial boilers, is proud to announce that it has acquired Sterling Combustion, a one of its first collaborators and distributor based in Georgetown, Ontario. This acquisition marks an initial milestone in the growth plan Group Simoneau has adopted to strengthen its leadership... Read More

Oceaneering Completes Acquisition of Blue Ocean Technologies, Expanding Subsea Services into Riserless Light Well Intervention

October 19, 2016

HOUSTON, Oct. 17, 2016 -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that it has acquired the assets of Blue Ocean Technologies, LLC ("Blue Ocean"), a privately held provider of riserless light well intervention ("RLWI") services, for approximately $30 million in cash. Included in the acquisition are three RLWI systems, two of which are currently under... Read More

Dril-Quip Agrees To Acquire TIW Corporation

October 19, 2016

HOUSTON, Oct. 17, 2016 -- Dril-Quip, Inc. (NYSE: DRQ) today announced that it has entered into an agreement to acquire TIW Corporation, a 100-year old industry-leading manufacturer of consumable downhole products for the global oil and gas market, for approximately $143 million, subject to closing adjustments. TIW provides liner hanger systems and related equipment and services worldwide and is... Read More

Stanley Black & Decker to Acquire Tools Business of Newell Brands

October 17, 2016

- Enhances Stanley Black Decker's Strong Brand Portfolio With Addition Of Irwin® Lenox® Brands; - Increases Global Cross-Branding Opportunities For Tools & Storage Business; - Acquisition Consistent With Stanley Black & Decker's Growth Strategy; - EPS Accretion, Excluding Charges, Of Approximately $0.15 Per Share Expected In Year One, Increasing To Approximately $0.50 Per Share By... Read More

American Innovations Acquires MSES External Corrosion Products, Expands Corrosion Prevention Solutions

October 17, 2016

AUSTIN, Texas, Oct. 14, 2016 - American Innovations is pleased to announce that it has acquired the external corrosion products division of MSES Consultants, Inc. With this acquisition, AI will expand its catalog of survey accessories and will integrate MSES' resistivity meter into its MicroMax product line. Specific additions to the AI survey accessory catalog include test canes and survey... Read More

Optics & Photonics, Test & Measuring Instruments

Deep Ultraviolet Spectrophotometer System for NASA

October 14, 2016

This McPherson spectrophotometer will help develop and test optical materials and coatings for high altitude and extraterrestrial (space flight) science missions. A new ultraviolet spectrophotometer system for optical coating metrology just arrived at NASA Goddard (Greenbelt, Maryland USA). McPherson (Chelmsford, Massachusetts US) designed the system for optimal performance in the 90 to... Read More

Mentor Graphics Acquires Galaxy Semiconductor

October 12, 2016

WILSONVILLE, Ore., Oct. 10, 2016 - Mentor Graphics Corporation (NASDAQ: MENT) today announced that it has acquired Galaxy Semiconductor, a leading provider of test data analysis and defect reduction software for the semiconductor industry. With this acquisition, more design, test, and product engineers will now have access to Galaxy's powerful solutions for maximizing device yields,... Read More

Trimble Sells its Unmanned Aircraft System Business to Delair-Tech

October 12, 2016

Strategic Alliances with Delair-Tech and Microdrones Expand UAS Platform Options While Leveraging Trimble Software and Data Solutions SUNNYVALE, Calif., Oct. 10, 2016 - Trimble (NASDAQ: TRMB) announced today that Delair-Tech has acquired its Belgium-based Gatewing Unmanned Aircraft System (UAS) engineering and manufacturing business. Delair-Tech is a leading provider of long-range, fixed-wing... Read More

L-3 Agrees to Acquire Implant Sciences Explosives Trace Detection Assets

October 12, 2016

Leader in the Design and Manufacture of Explosives Trace Detection (ETD) Systems and Sensors for Homeland Security and Defense Markets WILMINGTON, Mass., Oct. 10, 2016 - Implant Sciences (IMSC) announced today that it has entered into an asset purchase agreement to sell the explosives trace detection (ETD) assets to L-3 Communications (NYSE: LLL) for $117.5 million in cash, plus the assumption of... Read More

Diamond Technology Innovations Announces New Ownership by Alleghany Capital Corporation through Bourn & Koch

October 11, 2016

Olympia, WA, October [5, 2016 – Diamond Technology Innovations (dti™), a leading manufacturer of waterjet orifices and nozzles as well as related products, announced new ownership of the company by Alleghany Capital Corporation (“Alleghany Capital”), a subsidiary of Alleghany Corporation, through Bourn Koch, Inc. (“Bourn & Koch”). Terry Derrico, President of Bourn & Koch, commented,... Read More

UL Acquires Consumer Testing Laboratories Inc. (CTL)

October 10, 2016

CTL will expand UL's global footprint and strengthen its retail service portfolio NORTHBROOK, Ill., Oct. 6, 2016 - UL, a global safety science leader, today announced the acquisition of Consumer Testing Laboratories Inc. (CTL), a leading multinational retail testing company, to expand UL's global footprint and services. UL Logo CTL, a privately-held company based in Bentonville, Ark., is... Read More

KLA-Tencor Announces Termination Of Merger Agreement With Lam Research

October 10, 2016

MILPITAS, Calif., Oct. 5, 2016 - KLA-Tencor Corporation (NASDAQ: KLAC) (the "Company") and Lam Research Corp. (NASDAQ: LRCX) today announced that they have agreed to terminate their proposed merger agreement. The parties decided to it was not in the best interests of their respective stakeholders to continue pursuing the merger after the U.S. Department of Justice (the "DOJ") advised... Read More

Motion Industries Acquires BRAAS Company

October 10, 2016

Birmingham, Ala. - Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced today that it has acquired Braas Company. Execution of the transaction was effective October 3, 2016. Braas Company is a leading distributor of products and services for industrial automation and control. Braas was founded in 1961, and has been an employee-owned company with headquarters... Read More

Frank Miller Lumber Acquires Wholesale Hardwood Lumber Exporter USA Woods International, Inc.

October 7, 2016

Acquisition of Lumber Exporter Will Help Position Company for Significant International Growth UNION CITY, Ind., Oct. 5, 2016 - Frank Miller Lumber, the premier producer of exceptional quartersawn and plainsawn hardwoods, today announces the company's acquisition of USA Woods International, Inc., a Memphis, Tennessee-based wholesale hardwood lumber exporter engaged in the export of... Read More

Calspan Acquires Triumph Aerospace Systems -- Newport News

October 6, 2016

My Profile-1 Profile Username: PNNPressReleases@ThomasNet.com / edit profile Calspan Acquires Triumph Aerospace Systems -- Newport News BUFFALO, N.Y., Oct. 4, 2016 /PRNewswire/ -- Calspan Holdings, the parent company to a thriving group of entities including Buffalo-based aerospace and automotive research company Calspan Corporation, announced today the acquisition of Triumph Aerospace Systems -... Read More

Trident Maritime Systems Completes the Acquisition of Callenberg Technology Group from Wilhelmsen Maritime Services AS

October 6, 2016

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J.F. Lehman & Company Completes the Acquisition of Lake Shore Systems from Oldenburg Group Incorporated

October 6, 2016

NEW YORK, Oct. 3, 2016 -- J.F. Lehman Company ("JFLCO") is pleased to announce it has completed the previously announced acquisition of Lake Shore Systems ("Lake Shore" or the "Company") from Oldenburg Group Incorporated. With roots dating back to 1858, Lake Shore designs, engineers, manufactures and supports complex, heavy equipment systems to meet mission critical requirements in harsh... Read More

Rockwell Automation Acquires MAVERICK Technologies

October 4, 2016

Allen-BradleyRockwell Software Products Solutions & Services News Training & Events Sales & Partners Support OverviewPress ReleasesFinancialsEvents & PresentationsCorporate GovernanceShareowner ResourcesInvestor Relations HomeInvestorsPress ReleasesPress Release Details Share Print NYSE:ROK 120.57 Change: -1.77 1.45% Volume: 1,096,899 October 03, 2016 20 minutes delay FINANCIAL LINKS Investor... Read More