Mergers & Acquisition

Mergers & Acquisition

Alloy Metals and Tubes International Acquired by Houston Executive Curtis R. Kates

November 21, 2008

An Industry Bright Spot in a World of Economic Uncertainty HOUSTON (November 18, 2008) - Houston-based Alloy Metals and Tubes International Inc. (AMTI) has been acquired by local oil and petrochemical executive Curtis R. Kates. Founded in 1991, privately-owned AMTI specializes in the sale and deployment of... Read More

Mergers & Acquisition

Parker Strengthens North American Fluid Handling Business with Acquisition of Nexgen Hose Inc.

November 17, 2008

CLEVELAND, Nov. 4 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has acquired Nexgen Hose Inc., headquartered in Fergus, Ontario, Canada. Nexgen is a leading manufacturer of industrial PVC hose and tubing for niche and industry standard... Read More

Mergers & Acquisition

First Healthcare Acquisition In India

November 14, 2008

India, an Asian giant with a population of over one billion, is experiencing rapid growth in its health needs. Through its subsidiary Taema, Air Liquide has acquired Electrocare Systems, a company specializing in medical equipment for respiratory care. Based in Chennai (Madras), in the south of India, Electrocare... Read More

Mergers & Acquisition

National Adhesives Teams with Henkel, Merging Powerful Solutions for Customers

November 14, 2008

Bridgewater, NJ - In a move that merges trusted brands, innovative solutions and exceptional service for customers, Henkel Corporation (www.henkelna.com) acquired the National Adhesives business of National Starch and Chemical Company. This acquisition enables Henkel to offer customers more choices of brands and... Read More

Mergers & Acquisition

Gerdau Ameristeel Announces Acquisition of Metro Recycling

November 11, 2008

TAMPA, FL, Oct. 27 - Gerdau Ameristeel, a leading mini-mill steel producer, announced today that it has acquired Metro Recycling, a scrap processor headquartered in Guelph, Ontario. Terms of the transaction were not disclosed. Metro Recycling is a premier central Ontario recycler with three locations, two in Guelph... Read More

Mergers & Acquisition

Parker Acquires EmiTherm in Kuala Lumpur, Malaysia

November 11, 2008

Manufacturer and Fabricator of Electromagnetic Interference Shielding Products CLEVELAND, Oct. 31 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced the acquisition of EmiTherm Sdn Bhd, a provider of electromagnetic interference (EMI) shielding and... Read More

Mergers & Acquisition

Pax Joins Megger Group to Expand Transformer Test Product Line

November 10, 2008

Dalls, TX - Megger Group has announced that it is to acquire Pax Diagnostics of Sweden. Pax transformer testing and insulation diagnostics products will be a strong addition to the Megger range of test instruments for the power industry. The Pax IDAX range of Dielectric Frequency Response Analyzers are designed for... Read More

Mergers & Acquisition

Precision Castparts Corp. Enhances Aerospace Fastener Capabilities with Acquisition of Fatigue Technology

November 10, 2008

PORTLAND, Ore., Oct. 6, 2008 - Precision Castparts Corp. has agreed to acquire Fatigue Technology, Inc. (FTI), headquartered in Seattle, Washington. In 1969, FTI pioneered the cold expansion process, which extends fatigue life in both metal and composite airframe fastener holes. The cold expansion process involves... Read More

Mergers & Acquisition

Parker Acquires Manufacturer of Water Filtration and Reverse Osmosis Equipment

November 10, 2008

CLEVELAND, Nov. 3 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technology, announced today that it has acquired Aqua Pro, Inc. a manufacturer of reverse osmosis ("RO") filtration systems for military, commercial and pleasure marine applications. Aqua Pro sales for fiscal 2008... Read More

Mergers & Acquisition

Restructures U.S. Container Operations Network; Divests North America Steel Pail Business

November 10, 2008

DELAWARE, Ohio (Oct. 31, 2008) - Greif, Inc. (NYSE: GEF, GEF.B) announced today that it has completed four transactions in its North America packaging business. The company is exiting three box plants. The assets of its Toledo, Ohio, plant are being sold to Welch Packaging, and the sheet plant business and assets... Read More

Mergers & Acquisition

Parker Acquires Medical Gas Delivery Product Line, Expanding Its Dental Equipment Offering

November 10, 2008

CLEVELAND, Nov. 4 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technology, today announced that it has completed the purchase of Matrx nitrous oxide delivery systems from the Midmark Corporation. The new line will allow Parker to expand its geographic market space for dental... Read More

Mergers & Acquisition

Petroleum Elastomers Joins Simrit Oil and Gas

November 10, 2008

PLYMOUTH, Mich., Nov. 4 - Simrit Oil & Gas, LLC (Simrit), a wholly-owned subsidiary of Freudenberg-NOK General Partnership (Freudenberg-NOK), announced the acquisition of the assets of Petroleum Elastomers of Houston, a manufacturer of specialized custom sealing components for the oil and gas industry. Terms of the... Read More

Mergers & Acquisition

The Swatch Group Ltd. and SMARTRAC N.V. Agree on the Sale and Purchase of Sokymat Automotive GmbH

November 7, 2008

The Swatch Group Ltd., in Biel/Bienne, Switzerland, and SMARTRAC N.V., Amsterdam, The Netherlands (stock abbreviation SM7), signed a contract today regarding the acquisition by SMARTRAC of 75 percent of Sokymat Automotive GmbH, a company of The Swatch Group Ltd. Manfred Rietzler, Chief Technical Officer of SMARTRAC... Read More

Mergers & Acquisition

Datalogic Announces the Acquisition of Datasensor S.p.A., A Company Active in the Sector of Photoelectric Sensors and Devices.

November 7, 2008

Bologna, 3rd October - Datalogic SpA - a company listed in the Star segment of the Milan Stock Exchange and a leader in the market for barcode readers, data collection mobile computers and RFID (radio frequency identification) systems - approved today the acquisition of DATASENSOR SpA (a company 100% owned by Hydra... Read More

Mergers & Acquisition

Sofradir to Acquire US Infrared Equipment Company

November 7, 2008

Ranked #2 worldwide in IR detectors, Sofradir agrees acquisition will accelerate its development in the North American market Paris, France, and Fairfield, NJ, USA, October 6, 2008 - Sofradir, a leading developer and manufacturer of advanced infrared (IR) detectors for military, space and industrial applications... Read More

Mergers & Acquisition

Euroimpianti SpA Acquires Assets of C&D Robotics, Inc.

November 6, 2008

The assets of C&D Robotics, Inc. have recently been acquired by Euroimpianti SpA, located in Schio, Italy, a worldwide leader in the production of automated end-of-line palletizing systems, such as scara robots, articulated arm robots, laser guided vehicles and automatic truck loading, with thousands of... Read More

Mergers & Acquisition

SPI Lasers Now a Member of the TRUMPF Group

November 6, 2008

Fibre laser specialist to complement TRUMPF's laser portfolio Machine tool and laser manufacturer TRUMPF has announced it has assumed control of SPI Lasers effective October 7, 2008. The bid submitted by TRUMPF became effective after shareholders of SPI Lasers approved the sale of more than 90 percent of the... Read More

Mergers & Acquisition

Mueller Acquires Distributor

November 4, 2008

SPRINGFIELD, Mo., Sept. 30, 2008 -- On September 30, 2008, Paul Mueller Company (Pink Sheets:MUEL) (Mueller) executed a definitive Share Purchase Agreement with KaJeMa Beheer B.V. to purchase all of the outstanding shares of all the companies in the MEKO Group (MEKO), which are wholly owned by KaJeMa. MEKO is the... Read More

Mergers & Acquisition

Microchip Technology and ON Semiconductor Propose to Acquire Atmel for $5.00 Per Share in Cash

November 4, 2008

Provides Premium of 52.4% and Values Atmel at $2.3 Billion Chandler and Phoenix, Arizona, October 2, 2008 - Microchip Technology Incorporated (NASDAQ: MCHP) and ON Semiconductor Corporation (NASDAQ: ONNN) today announced that they have sent a proposal to the Board of Directors of Atmel Corporation (NASDAQ: ATML) to... Read More

Mergers & Acquisition

Kaman Acquires Industrial Rubber and Mechanics, Inc. of Puerto Rico

November 4, 2008

Windsor, Connecticut (October 7, 2008) - Kaman Corp. (NASDAQ-GS:KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT) has acquired Industrial Rubber and Mechanics, Incorporated (INRUMEC) of Puerto Rico. INRUMEC will become part of KIT, Kaman's industrial distribution segment... Read More