Mergers & Acquisition

Mergers & Acquisition

ABB Expands Its Power Semiconductor Business Amid Rising Demand

April 19, 2010

Power switching devices improve control and efficient use of electricity Zurich, Switzerland, March 29, 2010 - ABB, the leading power and automation technology group, has agreed to acquire the semiconductor business of Polovodice a.s. in the Czech Republic. The additional production capacity for high-power... Read More

Mergers & Acquisition

Malvern Instruments Acquires Assets of Reologica Instruments AB

April 14, 2010

09 April 2010: Malvern, UK: Malvern Instruments Limited (Malvern, UK) has acquired certain assets of Swedish rheology company Reologica Instruments AB (Lund, Sweden), which went into administration on 23rd March 2010. Financial terms have not been disclosed. Paul Walker, Managing Director of Malvern Instruments... Read More

Mergers & Acquisition

Regal Beloit Acquires CMG Engineering Group Pty. Ltd.

April 12, 2010

April 6, 2010 (BELOIT, WI): Regal Beloit Corporation (NYSE: RBC) today announced that the Company has acquired CMG Engineering Group Pty, Ltd. (CMG) headquartered in Melbourne Australia. CMG manufactures and distributes fractional horse power industrial motors, blower systems, and industrial metal products with... Read More

Mergers & Acquisition

Bigger is Better: All Current Electrical Sales Acquires Industrial Electric Systems, Inc.

April 12, 2010

Monroe, WA-April, 7th 2010-All Current Electrical Sales has expanded their national presence by acquiring Industrial Electric Systems, Inc. (IES) in Monroe, WA. During the past 15 years IES has served the northwest as a value added reseller of circuit breakers and hardware kits. All Current Electrical Sales is... Read More

Mergers & Acquisition

Cummins Power Generation Expands Capabilities with Purchase of Terex Generator Set Assets

April 2, 2010

MINNEAPOLIS - March 31, 2010 - Cummins Power Generation announced the purchase of the generator set assets of Terex Corporation, Westport, CT. The agreement, effective January 22, increases Cummins Power Generation's rental business capabilities through expanded production operations in its Fridley, Minnesota... Read More

Mergers & Acquisition

Astrodyne Acquires RO Associates; Provider of High-end, Ruggedized AC/DC & DC/DC Products

March 30, 2010

MANSFIELD, MA - March 23, 2010 - Astrodyne Corporation ("Astrodyne"), a leading provider of power solutions, announced it has acquired the assets of specialty power supply manufacturer RO Associates from Emrise Corporation, (a public company, NYSE Arca: ERI). RO Associates is an engineering company and a pioneer... Read More

Mergers & Acquisition

Siemens Expands Dewatering Solutions into Mining Market with Acquisition of Industrial Process Machinery

March 16, 2010

By acquiring the American company Industrial Process Machinery (IPM), Manchester, New Hampshire, Siemens is continuing to expand its dewatering solutions offering for industrial applications. As of December 31, 2009, IPM is part of Siemens Water Technologies, a Business Unit of the Siemens Industry Solutions... Read More

Mergers & Acquisition

AST Bearings Seeks to Expand via Acquisitions

March 15, 2010

"Organic" Growth of Premier Bearing Supplier Expected To Be Complemented By Strategic Acquisitions of other Bearing Companies During 2010 Montville, NJ - March 9, 2010: AST® Bearings, LLC, a leading supplier of miniature bearings, precision ball bearings and related products, announced today that part of its... Read More

Mergers & Acquisition

MTI Instruments Acquires Strategic Line of Products

March 11, 2010

- Mechanical testing equipment to complement MTII's market offerings - Albany, N.Y., March 4, 2010 - MTI Instruments, Inc. (MTII) of Albany, NY, a worldwide leader in precision measurement solutions, and a subsidiary of Mechanical Technology Incorporated (MTI) (OTC: MKTY), announced the acquisition of the tensile... Read More

Mergers & Acquisition

Ryan Herco Flow Solutions Acquires Peninsula Valve & Fitting (PenValve) Company

March 9, 2010

Ryan Herco Flow Solutions (www.rhfs.com) acquires the assets of Peninsula Valve and Fitting Company (www.penvalve.com) headquartered in Mountain View, CA. Burbank, CA March 4, 2010 -- Ryan Herco Flow Solutions (www.rhfs.com) acquires the assets of Peninsula Valve and Fitting Company (www.penvalve.com) headquartered... Read More

Mergers & Acquisition

Siemens Acquires Elektrozavod' Stake in Russian Joint Venture

March 5, 2010

Siemens Energy has fully acquired Siemens High Voltage Products OOO (LLC). Until now, Siemens had held a 51-percent stake in the joint venture headquartered in Ufa, the capital of the Russian Republic of Bashkortostan located near the foothills of the Ural Mountains. Elektrozavod, Russia's largest transformer... Read More

Mergers & Acquisition

Mountz, Inc. Acquires Fastener Importer Mr. Metric

March 5, 2010

San Jose, Calif., - Mountz, Inc. acquired all assets of Mr. Metric, Inc, a fastener importer and distributor located in San Jose, CA. The value of the deal was not disclosed. Mr. Metric will serve as the flagship brand name for all Mountz fastener products. Fastener products will be integrated into the Mountz... Read More

Mergers & Acquisition

Siemens Acquires Stake in Marine Current Turbines

March 1, 2010

Entry into promising ocean power market Siemens Energy has acquired a minority stake in Britain's Marine Current Turbines, a pioneer in the design and development of tidal current energy turbines. With the acquisition of a stake of just below 10 Percent in Marine Current Turbines, which is based in Bristol... Read More

Mergers & Acquisition

Airgas Board of Directors Rejects Air Products' Hostile Tender Offer

February 25, 2010

Air Products' Offer Grossly Undervalues Airgas Board Strongly Urges Stockholders Not to Tender Shares into Air Products' Offer RADNOR, PA - February 22, 2010 - Airgas, Inc. (NYSE: ARG) today announced that its Board of Directors, after careful consideration with its independent financial and legal advisors, voted... Read More

Mergers & Acquisition

Document Security Systems, Inc. Makes Strategic Acquisition of Premier Packaging Corporation

February 19, 2010

Acquisition increases DSS annual sales revenue to $17 million and allows Company to offer complete line of secure packaging containing DSS anti-counterfeiting technologies to multi-billion dollar marketplace ROCHESTER, N.Y., Feb. 17 -- Document Security Systems, Inc. (NYSE/AMEX: DMC) ("DSS") a world leader in the... Read More

Mergers & Acquisition

ABB Acquires Jokab Safety

February 18, 2010

The acquisition strengthens ABB's offering within machine safety and low-voltage products. 2010-02-15 - ABB, the leading power and automation technology group, announced today it will acquire 100 percent of the shares in Jokab Safety International AB for an undisclosed amount. The transaction is expected to be... Read More

Mergers & Acquisition

The Second Acquisition This Year, Domino Plastics MFG Completes Purchase of International Plastics

February 17, 2010

Domino Plastics MFG expands with acquisition of International Plastics The second acquisition this year, Domino Plastics MFG completes purchase of International Plastics. President and CEO William Bathe said "this acquisition will increase our capabilities through increased product offerings from the addition of... Read More

Mergers & Acquisition

Pfizer's Acquires Bharti Healthcare Ltd. Located in Dharuhera, India

February 17, 2010

We take great pleasure today in announcing Pfizer's acquisition of Bharti Healthcare Ltd. The operation, located in Dharuhera, India, about 50 miles outside Delhi, will be managed by Capsugel. Bharti Healthcare, established in 1985, manufactures and markets empty hard gelatin capsules. Capsugel, a division of... Read More

Mergers & Acquisition

Vaisala Consolidates Activities in the US

February 16, 2010

Vaisala acquired the U.S. based Quixote Transportation Technologies, Inc. (QTT) in late December 2009 to grow its presence in the global road weather and information technology business. To achieve synergy targets related to the acquisition, Vaisala is consolidating its manufacturing, depot and data services, and... Read More

Mergers & Acquisition

Airgas Board of Directors to Review Air Products' Unsolicited Tender Offer

February 16, 2010

RADNOR, PA - February 11, 2010 - Airgas, Inc. (NYSE: ARG) today confirmed that Air Products & Chemicals, Inc. (NYSE: APD) has commenced an unsolicited tender offer to acquire all outstanding common shares of Airgas at a price of $60.00 per share in cash. Consistent with its fiduciary duties and as required by... Read More