Mergers & Acquisition

Mergers & Acquisition

Ahlstrom Sells Groesbeck Filtration Business Unit

December 20, 2010

Ahlstrom Corporation, a global leader in nonwovens and specialty papers, announces the sale of its Groesbeck filtration business located in Groesbeck and Mexia Texas, USA, to Polyester Fibers, a portfolio company of private investment firm Empire Investment Holdings. The value of the transaction is approximately... Read More

Mergers & Acquisition

Rohde & Schwarz Takes over DVS Digital Video Systems AG

December 20, 2010

Effective December 14, 2010, Hanover-based DVS Digital Video Systems AG has been integrated into the Rohde & Schwarz group of companies. DVS, which was founded in 1985 and now has 110 employees, is a leading international manufacturer of hardware and software for professional film and video postproduction. "We are... Read More

Mergers & Acquisition

Blossman Gas Announces Acquisition of Alabama-Based Propane Marketer

December 17, 2010

OCEAN SPRINGS, Miss., Dec. 13, 2010 - Blossman Gas, Inc. has announced the purchase of Uneeda Gas CO Inc., an Alabama-based propane retailer in Alexander City. "We welcome the employees of Uneeda Gas to the Blossman family, and are excited about the new opportunities in this market," says Blossman Gas President and... Read More

Mergers & Acquisition

Goodyear to Sell European, Latin American Farm Tire Businesses

December 17, 2010

AKRON, Ohio, Dec. 13, 2010 - The Goodyear Tire & Rubber Company (NYSE: GT) today announced that it has entered into agreements with Titan Tire Corporation, a subsidiary of Titan International Inc., to sell its European and Latin American farm tire businesses, including a licensing agreement that will allow Titan to... Read More

Mergers & Acquisition

O-I Acquires Two Plants in Northern China

December 17, 2010

Now China's second largest glass container manufacturer PERRYSBURG, Ohio, Dec. 13, 2010 - Owens-Illinois, Inc. (NYSE: OI), the world's largest maker of glass packaging, today announced it had entered into an agreement to acquire the glass container manufacturing business of Hebei Rixin Glass Group Co., Ltd. in... Read More

Mergers & Acquisition

Siemens Energy Acquires the eHouse Manufacturing Business of IES

December 17, 2010

Business portfolio expanded to include eHouse manufacturing capabilities ORLANDO, Fla., Dec. 14, 2010 - Siemens Energy, Inc. is expanding its business portfolio by acquiring an eHouse manufacturing division of Integrated Electrical Services, Inc. (IES), a leading national electrical and communications service... Read More

Mergers & Acquisition

Alpha Packaging Completes Acquisition of Progressive Plastics

December 17, 2010

Purchase Adds Over 160 Stock Items to Alpha's Product Offerings and Greatly Expands Alpha's 2-Stage PET Molding Capabilities ST. LOUIS, MO - Alpha Packaging ("Alpha") announced today that it has acquired Progressive Plastics, Inc. ("Progressive") of Cleveland, Ohio, in its largest acquisition to date. Progressive... Read More

Mergers & Acquisition

FISHER/UNITECH Announces Acquisition of CADVenture

December 16, 2010

Combined Resources Offer Broader Portfolio, Increased Service and Support throughout Ohio, Western Pennsylvania and Western New York Troy, MI (December 13, 2010) - FISHER/UNITECH, a product lifecycle management solutions provider serving the Midwest, announced today its acquisition of CADVenture, a SolidWorks® 3D... Read More

Mergers & Acquisition

Deloitte Acquires the Assets of ClearCarbon Consulting, Inc. and DOMANI Sustainability Consulting, LLC to Further Enhance Sustainability Offerings

December 16, 2010

Both Organizations to be Integrated into Deloitte's Sustainability Services NEW YORK, Dec. 13, 2010 - Deloitte today announced it has acquired the assets of ClearCarbon Consulting, Inc. (ClearCarbon) and DOMANI Sustainability Consulting, LLC, (DOMANI) both of which will be integrated into Deloitte's sustainability... Read More

Mergers & Acquisition

Bunge to Purchase California Rice Mill

December 16, 2010

ST. LOUIS, Dec. 13, 2010 - Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it has agreed to buy the rice milling business of Pacific International Rice Mills, LLC, a subsidiary of Anheuser-Busch, Inc. The purchase is expected to close by the end of the year, subject... Read More

Mergers & Acquisition

Covanta Enters Agreement to Sell Its Interest in Quezon Project

December 16, 2010

MORRISTOWN, N.J., Dec. 13, 2010 - Covanta Holding Corporation (NYSE: CVA) (the "Company" or "Covanta"), today announced that it has agreed to sell all of its interests in the Quezon coal-fired electric generation facility located in the Philippines to Electricity Generating PCL ("EGCO") for a price of approximately... Read More

Mergers & Acquisition

ConvergEx to Acquire LDB Consulting

December 16, 2010

NEW YORK, Dec. 13, 2010 - ConvergEx Group, a leading technology company, today announced that it has signed a definitive agreement to acquire LDB Consulting, Inc., a company that develops software that assists in the computation and optimization of capital charges, including security haircuts and margins. Founded in... Read More

Mergers & Acquisition

Magic Software Strengthens Global Presence with a New Acquisition

December 16, 2010

The company signed a purchase agreement with its South African distributor OR YEHUDA, Israel, Dec. 13, 2010 - Magic Software Enterprises Ltd. (Nasdaq: MGIC), a leading provider of cloud and on-premise application platform and business integration solutions, announced today that it signed a purchase agreement to... Read More

Mergers & Acquisition

A. O. Smith Reaches Agreement to Sell Electric Motor Division to Regal Beloit Corporation for $875 Million

December 16, 2010

Company Intends to Explore High-Growth Markets and Expansion Opportunities into New Geographies and Adjacent Technologies MILWAUKEE, Dec. 13, 2010 - A. O. Smith Corporation (NYSE: AOS) announced today it has entered into a definitive agreement to sell its Electrical Products Company, an operating segment that is... Read More

Mergers & Acquisition

Regal Beloit Corporation to Acquire Electrical Products Company from A.O. Smith Corporation

December 16, 2010

BELOIT, Wis., Dec. 13, 2010 - REGAL BELOIT CORPORATION (NYSE: RBC) today announced it has entered into an agreement to acquire 100% of the stock and assets of the Electrical Products Company ("EPC") from A.O. Smith Corporation (NYSE: AOS). EPC manufactures and sells a full line of motors for hermetic, pump... Read More

Mergers & Acquisition

L.B. Foster Company and Portec Rail Products, Inc. Announce Sale of Certain Assets

December 15, 2010

Koppers, Inc. to Purchase Portec's Rail Joint Business PITTSBURGH, Dec. 9, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings... Read More

Mergers & Acquisition

OMNOVA Solutions Completes Acquisition of ELIOKEM from AXA Private Equity

December 15, 2010

FAIRLAWN, Ohio, Dec. 9, 2010 o The acquisition creates larger, more diverse global specialty chemical and functional surfaces company with sales over US$1 billion and Adjusted EBITDA of approximately US$129 million, based on last twelve months through August 2010. o Significantly expands... Read More

Mergers & Acquisition

Tyco Electronics Completes Acquisition of ADC

December 15, 2010

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) today announced the completion of the acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT). The combination of Tyco Electronics (TE) and ADC positions the company as a world leader in broadband connectivity. Tom Lynch, Chief Executive... Read More

Mergers & Acquisition

Advantage IQ Acquires the Loyalton Group

December 14, 2010

Acquisition strengthens energy procurement and risk management service offerings and adds vertical industry expertise SPOKANE, Wash., Dec. 8, 2010 - Advantage IQ, Inc., a leading provider of strategic energy management solutions and a subsidiary of Avista Corp. (NYSE: AVA), announced today that it has entered into... Read More

Mergers & Acquisition

EarthLink Completes ITCDeltaCom Acquisition

December 14, 2010

ATLANTA,Dec. 8, 2010 - EarthLink, Inc. (Nasdaq: ELNK) today announced that it has completed its acquisition of ITCDeltaCom, Inc., a leading provider of integrated communications services to customers in the southeastern United States, in a transaction valued at approximately $524 million. Under the terms of the... Read More