Mergers & Acquisition

Mergers & Acquisition

Pelican(TM) Products Acquires Key Australian Distributor, Marks Company's First-Ever Acquisition Deal

April 7, 2008

Appointment of General Manager, Christian Nyman, Driving Australasia Growth Plan TORRANCE, Calif. - March 28, 2008 - Pelican(TM) Products, Inc., (Pelican) the global leader in the manufacture of advanced lighting systems and virtually indestructible cases, today announced the acquisition of its Australian... Read More

Mergers & Acquisition

AxleTech International Expands Its Braking Systems Business with Acquisition of Truck Trailer Transit

April 7, 2008

March 28, 2008 Troy, Michigan - AxleTech International announced today that it has acquired Truck Trailer Transit (TTT), a global leader in braking systems based in Detroit, Michigan. The TTT acquisition broadens AxleTech's brake portfolio with twenty additional brake families spanning hydraulic disc, cam drum... Read More

Mergers & Acquisition

Quanex Announced State Court Denied Plaintiff's Request for Temporary Injunction on Its Merger with Gerdau S.A.

April 7, 2008

HOUSTON, March 14, 2008 -- Quanex Corporation (NYSE:NX), an industry-leading manufacturer of value-added engineered materials and components for the vehicular products and building products markets, announced today that the Harris County State District Court denied Momentum Partners' request for a temporary... Read More

Mergers & Acquisition

Kontron Modular Computers Completes Acquisition of Thales Computers

April 7, 2008

Natick, Massachusetts - March 20, 2008 - Earlier this week, Kontron Modular Computers GmbH finalized its acquisition of Thales Group's Thales Computers subsidiary. Thales Computers, headquartered in Toulon Cedex, France, has 100 employees that shipped approximately EUR 20 million worth of embedded computer... Read More

Mergers & Acquisition

AmeriCast Acquires A.G. Anderson Ltd.

April 3, 2008

Atchison, KS (Wednesday, April 02, 2008) AmeriCast Technologies announced today it has completed the purchase of A.G. Anderson Ltd. Based in London, Ontario, Canada, A.G. Anderson is a respected source for patterns, high integrity ferrous castings and machined components. The hallmark of Anderson's success is... Read More

Mergers & Acquisition

Innovative Components Acquired the Assets of Their Competitor US Knobs

March 31, 2008

Innovative Components Inc. of Schaumburg Illinois acquired the assets of their competitor US Knobs of Decatur Illinois. The staff at Innovative is very excited by this acquisition and the opportunities presented with this gain. US Knobs had a distinct product line as well as some innovative technology, which... Read More

Mergers & Acquisition

Fenner Precision Acquires Winfield Industries

March 28, 2008

Combination will produce stronger solutions in belts, rollers and pulleys MANHEIM, PA - March 5, 2008 - Fenner Precision finalized the acquisition of Winfield Industries, Inc. on March 3, 2008. Fenner Precision is a leader in design, development and manufacture of belts, rollers and pulleys for the paper... Read More

Mergers & Acquisition

Alcoa Acquires Two Aerospace Fastener Businesses to Bolster Its Growing Aerospace Portfolio

March 20, 2008

Republic and Van Petty Fasteners to Join Company's Fast-Growing Alcoa Fastening Systems Business NEW YORK--Alcoa Inc. (NYSE:AA) announced today it has acquired Republic Fastener Manufacturing Corporation ("Republic") and Van Petty Manufacturing ("Van Petty") from The Wood Family Trust. The two aerospace fastener... Read More

Mergers & Acquisition

Convergys to Expand Customer Service Management Offerings with Acquisition of Software Company in China

March 20, 2008

(Cincinnati and Shanghai; March 13, 2008) - - - Convergys Corporation(NYSE: CVG), a global leader in relationship management, announced today it is expanding the set of customer service management offerings available to its clients through the acquisition of Shanghai-based Shanghai Hong Xun Software Co., Ltd. from... Read More

Mergers & Acquisition

Intek Plastics Acquires Elite Plastic Corp.

March 20, 2008

Move expands Intek's reach to new markets, materials and capabilities HASTINGS, MINN. (March 19, 2008) - Intek Plastics, a leader in custom plastic extrusion and fabrication, announced today it has acquired the assets of Elite Plastic Corp. of Hawthorne, New Jersey. Elite Plastic is a privately held manufacturer of... Read More

Mergers & Acquisition

Kaman to Acquire Industrial Supply Corp. of Richmond, Virginia

March 20, 2008

BLOOMFIELD, Conn., March 11 -- Kaman Corp. (NASDAQ:KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT) has signed a definitive agreement to acquire Industrial Supply Corp. (ISC) of Richmond, Virginia. ISC will become part of KIT, Kaman's industrial distribution segment. Terms... Read More

Mergers & Acquisition

Jeppesen Purchases Ocean Systems, Inc. to Grow Marine Business

March 20, 2008

ENGLEWOOD, Colo., March 12 -- Jeppesen today announced the purchase of Ocean Systems, Inc., a leading provider of vessel and voyage optimization solutions. Ocean Systems will become a part of Jeppesen's marine division. Jeppesen is a wholly-owned subsidiary of Boeing Commercial Aviation Services. Ocean Systems... Read More

Mergers & Acquisition

Iomega Received Revised Unsolicited Proposal and Is Prepared to Enter into Discussions with EMC

March 20, 2008

SAN DIEGO, March 17 -- Iomega Corporation (NYSE:IOM) announced today receipt of a revised unsolicited non-binding indication of interest from EMC Corporation (NYSE:EMC), in which EMC indicated that it is prepared to offer to acquire the outstanding common stock of Iomega for up to $3.75 per share, assuming a total... Read More

Mergers & Acquisition

Kontron AG Founds Joint-Venture with Quanta Computer Inc. of Taiwan

March 20, 2008

World's largest producer of laptops acquires minority stake in Kontron Asia Inc., Taipei Eching, Munich, March 12, 2008 - Kontron AG, one of the world's leading manufacturers of embedded computer systems, is founding a joint-venture with the Taiwanese company Quanta Computer Inc., Taipei, the world's largest... Read More

Mergers & Acquisition

Perma-Fix Completes Sale of Dayton Industrial Facility for $2.1 Million

March 20, 2008

ATLANTA, March 17 -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) today announced that it has completed the sale of Perma-Fix of Dayton, Inc., one of the company's Industrial Segment facilities located in Dayton, Ohio, to OGM, LTD. for approximately $2.1 million in cash, subject to certain possible working... Read More

Mergers & Acquisition

Novacoast Announces Acquisition of Integrated Network Solutions

March 20, 2008

SANTA BARBARA, Calif., March 14 -- Novacoast, Inc., an IT professional services and product development firm announces the acquisition of Integrated Network Systems, LLC, a privately held company that has served the Gulf Coast market since 1997. Integrated Network Systems' core competencies include desktop... Read More

Mergers & Acquisition

Microsoft to Expand Investment in Desktop Virtualization with Acquisition of Kidaro

March 20, 2008

Addition to Microsoft Desktop Optimization Pack will provide IT professionals with capability for managing Virtual PCs across the enterprise. REDMOND, Wash., March 12 -- Microsoft Corp. today announced its intended acquisition of Kidaro, a leading provider of desktop virtualization solutions for enterprises. In... Read More

Mergers & Acquisition

Avensys Inc. Announces Its Intention to Acquire the Assets of Willer Engineering Limited

March 20, 2008

Avensys Inc.'s Environmental Solutions Division Signs Definitive Asset Purchase Agreement The Business Combination Is Expected to generate $15 Million Dollar in Annual Revenues MONTREAL, March 11 -- Avensys Inc., a leading manufacturer and distributor of fiber optic components and integrator of instrumentation... Read More

Mergers & Acquisition

Canyon Resources Announces Shareholder Approval of the Merger with Atna Resources

March 20, 2008

GOLDEN, Colo., March 13 - Canyon Resources Corporation ("Canyon") (AMEX:CAU). On March 13, 2008, Canyon Resources Corporation, a Colorado based mining company, held a special stockholder meeting. The stockholders voted to approve and adopt the Agreement and Plan of Merger dated November 16, 2007, by and among Atna... Read More

Mergers & Acquisition

International Paper Agrees to Purchase Weyerhaeuser's Packaging Business

March 20, 2008

Creates premier global containerboard business with expanded mill and converting presence in key geographies IP Investor Webcast at 8:30 a.m. Eastern Time MEMPHIS, Tenn., March 17 -- International Paper (NYSE:IP) has signed an agreement with Weyerhaeuser to purchase its Containerboard, Packaging and Recycling... Read More