Mergers & Acquisition

Mergers & Acquisition

Industrial Controls Announces Merger with United Control Company in Richmond, VA

February 3, 2011

Wanamassa, NJ - February 1, 2011 - Industrial Controls Distributors LLC, the leading distributor of HVAC controls, process instrumentation and valves in North America, is pleased to announce its merger with United Control Company headquartered in Richmond, VA. United Control will integrate operations with... Read More

Mergers & Acquisition

Cytec Announces Agreement to Sell Building Block Chemicals Business

February 3, 2011

WOODLAND PARK, N.J., January 31, 2011 - Cytec Industries Inc. (NYSE:CYT-News) announced today it has reached a definitive agreement to sell its Building Block Chemicals business, with 2010 sales of $600 million, to an affiliate of HIG Capital, LLC. Total consideration to be received of $180 million includes cash... Read More

Mergers & Acquisition

Alcoa to Acquire TransDigm's Aerospace Fastener Business

February 3, 2011

NEW YORK - Alcoa (NYSE:AA) announced today it has agreed to purchase the aerospace fastener business of TransDigm Group Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The new business will become part of Alcoa Fastening Systems. The transaction is valued at... Read More

Mergers & Acquisition

TransDigm Group Divests Fastener Business

February 3, 2011

CLEVELAND, Jan. 31, 2011 - TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has entered into a definitive agreement to sell its fastener businesses to Alcoa, Inc. (NYSE: AA) for approximately $240 million. The... Read More

Mergers & Acquisition

Raytheon Company Completes Acquisition of Applied Signal Technology, Inc.

February 3, 2011

WALTHAM, Mass., Jan. 31, 2011 - Raytheon Company (NYSE: RTN) today announced the completion of its tender offer, through its wholly owned subsidiary RN Acquisition Company, for all outstanding shares of Applied Signal Technology, Inc. (Nasdaq: APSG). The tender offer expired at 12:00 midnight, Eastern Time, on... Read More

Mergers & Acquisition

ON Semiconductor Signs Definitive Agreement to Acquire CMOS Image Sensor Business Unit from Cypress

February 1, 2011

Acquisition will position ON Semiconductor as a leading supplier of ultra-high-speed CMOS image sensors and a Top 10 worldwide image sensor supplier Sale will sharpen Cypress's focus on programmable solutions PHOENIX, Ariz. and SAN JOSE, Calif. - Jan. 27, 2011 - ON Semiconductor (Nasdaq: ONNN), a premier supplier... Read More

Mergers & Acquisition

Cargill Completes Acquisition of Majority Stake in Sorini

February 1, 2011

JAKARTA, Indonesia, Jan. 28, 2011 - Cargill today completed its acquisition of a majority stake in PT Sorini Agro Asia Corporindo Tbk ("Sorini"), first announced on 15 December 2010. Cargill now owns 85.01% of Sorini's ordinary shares. With the completion of this transaction, Sorini becomes a subsidiary of Cargill... Read More

Mergers & Acquisition

ABB Completes Acquisition of Baldor Electric Company

February 1, 2011

Zurich, Switzerland, January 27, 2011 - ABB Ltd (NYSE: ABB), the leading power and automation technology group today announced that is has completed its acquisition of Baldor Electric Company (NYSE: BEZ), a North American leader in industrial motors. The transaction, which was originally announced on November 30... Read More