Mergers & Acquisitions

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

Agility Fuel Systems and Hexagon Composites Successfully Close Merger to Create Agility Fuel Solutions

October 4, 2016

My Profile-1 Profile Username: PNNPressReleases@ThomasNet.com / edit profile Agility Fuel Systems and Hexagon Composites successfully close merger to create Agility Fuel Solutions SANTA ANA, Calif., Oct. 3, 2016 /PRNewswire/ -- Agility Fuel Systems, the leader in natural gas fuel systems for commercial vehicles, and Hexagon Composites, the global leader in composite cylinders for natural gas... Read More

AMPAC Fine Chemicals Acquires Existing cGMP Capacity in Virginia to Meet Growing API Demand

October 4, 2016

My Profile-1 Profile Username: PNNPressReleases@ThomasNet.com / edit profile AMPAC Fine Chemicals Acquires Existing cGMP Capacity in Virginia to Meet Growing API Demand RANCHO CORDOVA, Calif., Oct. 3, 2016 /PRNewswire/ -- AMPAC Fine Chemicals LLC (AFC) announced today the acquisition of the UniTao Pharmaceuticals LLC assets, comprising the former Boehringer Ingelheim manufacturing facility in... Read More

Clements Concrete Announces Acquisition of Low's Ready Mix

October 4, 2016

My Profile-1 Profile Username: PNNPressReleases@ThomasNet.com / edit profile Clements Concrete Announces Acquisition of Low's Ready Mix Assets of Long Time Idaho Concrete Company Acquired BOISE, Idaho, Oct. 3, 2016 /PRNewswire/ -- Clements Concrete, a construction services company serving southwest Idaho, announced today it has entered into a contract to purchase the assets of Boise-based... Read More

JBT Corporation Signs Definitive Agreement to Acquire Tipper Tie, a Leading Supplier of Protein Processing and Packaging Solutions

October 4, 2016

My Profile-1 Profile Username: PNNPressReleases@ThomasNet.com / edit profile JBT Corporation Signs Definitive Agreement to Acquire Tipper Tie, a Leading Supplier of Protein Processing and Packaging Solutions CHICAGO, Oct. 3, 2016 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food & beverage industry, announced today it has signed... Read More

PennEngineering® Successfully Completes Acquisition of Heyco® Products Inc.

October 4, 2016

For Immediate Release (October 3, 2016) PennEngineering® Successfully Completes Acquisition of Heyco® Products Inc. OCTOBER 3, 2016 - PennEngineering® (Danboro, PA, USA) announced today that it has successfully completed the previously announced acquisition of Heyco® Products Inc. (Toms River, NJ, USA). Terms were undisclosed and no changes are anticipated regarding Heyco's... Read More

Emerson Announces Agreement to Acquire UK-based Permasense Limited

October 4, 2016

For immediate release Photo available: http://www2.emersonprocess.com/en-US/news/pr/Pages/1610-Permasense.aspx Emerson announces agreement to acquire UK-based Permasense Limited Acquisition continues Emerson's focus on investing in businesses with market growth potential; adds non-intrusive wireless corrosion monitoring to Pervasive Sensing(TM) strategies portfolio ST. LOUIS, October 3, 2016 -... Read More

Machinery & Machining Tools, Material Handling & Storage

SCHUNK Hydraulic Expansion Toolholders

October 3, 2016

With more than 75,000 implemented, customer-specific solutions, SCHUNK has been developing and manufacturing hydraulic expansion toolholders and hydraulic expansion arbors for high-precision applications in milling, boring, turning, grinding, mounting, inspection, and balancing for over 35 years. With SCHUNK, you'll profit from the know-how of the world's largest supplier and the market... Read More

Tractor Supply Company Announces Acquisition of Petsense, a Growth-Oriented Pet Specialty Retailer With 136 Stores

October 3, 2016

BRENTWOOD, TN-(September 29, 2016) - Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced that it has acquired 100% of Petsense, LLC, a leading specialty retailer of pet supplies and services with 136 stores in 25 states. The transaction price was approximately $116 million, net of acquired estimated future tax benefits of $29... Read More

Tech Air Announces Acquisitions of Liquid Technology Corporation and JW Goodliffe & Son, Inc.

October 3, 2016

New acquisitions are the 18th and 19th for Tech Air under CI Capital's ownership. DANBURY, Conn., Sept. 28, 2016 - Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases and related welding supplies, announced today that it has completed the acquisition of Florida-based Liquid Technology Corporation ("Liquid Tech") and has signed a definitive agreement to... Read More