Mergers & Acquisitions

WEG Acquires a Utility-Scale Wind Turbine Business in the USA

Nov 13, 2016

WEG announced this past Wednesday on October 26, the acquisition of the utility-scale wind turbine business from Northern Power Systems, USA.

WEG announced the acquisition of the utility-scale wind turbine business from Northern Power Systems ("Northern Power" or "NPS"), a US company dedicated to design, develop and manufacture permanent magnet direct drive ( "PM / DD" wind turbines)... Read More

Amcor Rigid Plastics Completes Acquisition of Sonoco’s Global Plastics Blow Molding Business

Nov 13, 2016

Deal to Increase Amcor’s Presence in Consumer Goods and Food Segments in U.S., Canada

ANN ARBOR, Mich., November 7, 2016 – Amcor Rigid Plastics, one of the world’s leading manufacturers of rigid plastic packaging for the food, beverage, spirits, home/personal care, and healthcare industries, has completed the acquisition of Sonoco’s Global Plastics blow molding business in North... Read More

Dril-Quip Completes Acquisition of TIW Corporation

Nov 13, 2016

HOUSTON, Nov. 11, 2016 - Dril-Quip, Inc. (NYSE: DRQ) announced today that it has completed its previously announced acquisition of TIW Corporation. TIW, based in Houston, Texas, is a global provider of liner hanger systems and related equipment and services.

Blake DeBerry, President and Chief Executive Officer of Dril-Quip, stated, "We are excited to complete the acquisition of TIW... Read More

Presto Lifts Acquires ECOA Industrial Lift Products

Nov 10, 2016

NORTON, MA - Presto Lifts recently announced its acquisition of ECOA Industrial Lift Products of Hialeah, FL. “This is a near perfect extension for the Presto Lifts product range,” said Vice President, Steve Albert. “In its 70 plus years of operation, Presto Lifts has developed a very complete range of lifting and positioning equipment to optimize the safety and productivity of workers... Read More

EXFO Acquires Optical RF Test Technology from Absolute Analysis

Nov 09, 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

Nov 05, 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

Nov 05, 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

Nov 04, 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

Nov 04, 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

Nov 04, 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

Nov 04, 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

Nov 04, 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

Nov 04, 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

Oct 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

Oct 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

Oct 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

Oct 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

Oct 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

Oct 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

Oct 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