Mergers & Acquisition

Mergers & Acquisition

Yokogawa Announces Transfer of Its IC Handler Business

May 20, 2008

Tokyo, Japan - March 26, 2008 Yokogawa Electric Corporation and TESEC Corporation have come to terms on the transfer of Yokogawa's IC handler business to TESEC, and a business transfer agreement was signed on March 26. The companies will subsequently determine the details of the transfer, which is to be formally... Read More

Mergers & Acquisition

Parker Acquires Remaining Interest in Parker Seal de Mexico Gaining Greater Access to Mexican Sealing Markets

May 15, 2008

CLEVELAND, May 12 - Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it acquired the remaining stake in its joint venture, Parker Seal de Mexico, on April 30, 2008. Parker held a 49 percent stake in the $8.3 million revenue company prior to acquiring... Read More

Mergers & Acquisition

Greif, Inc. Acquires Vietnam Steel Drum Facility

May 8, 2008

DELAWARE, Ohio (May 6, 2008) - On May 2, Greif, Inc. (NYSE: GEF, GEF.B) acquired Petro-Summit Mechanical Co Ltd., Vietnam, a subsidiary of Asian Steel Co. Singapore. Located in Vung Tau Province, the facility manufactures 200-litre steel drums serving the Mekong hinterland, the main commercial area of Vietnam. It... Read More

Mergers & Acquisition

I.D. Systems Acquires PowerKey and Launches PowerKeyPLUS(TM) Product Line for Wireless Industrial Vehicle Management

May 7, 2008

Hackensack, NJ, April 21, 2008-I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless asset management solutions, today announced that it has acquired PowerKey, the industrial vehicle monitoring products division of International Electronics, Inc., a manufacturer of access control and security... Read More

Mergers & Acquisition

Kaman Completes Acquisition of Industrial Supply Corp.

May 6, 2008

BLOOMFIELD, Conn., April 1, 2008 -- Kaman Corp. (Nasdaq: KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT) completed the previously announced acquisition of Industrial Supply Corp. (ISC) of Richmond, Virginia on March 31, 2008, the first day of Kaman's second quarter. ISC is... Read More

Mergers & Acquisition

Matheson Tri-Gas, Inc. Acquires Five Star Gas & Gear, Inc.

May 6, 2008

Basking Ridge, NJ, - March 13, 2008 - Matheson Tri-Gas, Inc., has successfully completed the purchase of Five Star Gas & Gear, Inc. of Los Nietos, CA. The purchase will add five new branches to the Matheson Tri-Gas network, and the acquired company will become a part of the Matheson Tri-Gas Industrial Gas Group... Read More

Mergers & Acquisition

Goodfellow Acquires the Technical Glass Company

May 6, 2008

Oakdale, PA...April 30, 2008... Goodfellow Cambridge Ltd., parent company of Goodfellow Corporation of Oakdale, Pennsylvania, has acquired The Technical Glass Company, a UK-based supplier of ceramics, ceramic components and specialist glass for scientific and industrial applications. In announcing the purchase... Read More

Mergers & Acquisition

Two Induction Leaders Formally Combine Operations

May 6, 2008

ABP AND PILLAR WILL NOW BE ABP INDUCTION DORTMUND, GERMANY, February 12, 2008 - ABP Induction, LLC and Pillar Induction Company, LLC, both experts in induction melting and heating, have combined their operations into ABP Induction, LLC. Both companies are owned by CM Acquisitions, a Chicago-based investor. Pillar... Read More

Mergers & Acquisition

Airgas Acquires A&N Plant; Will Integrate with North American-based Red-D-Arc

May 5, 2008

RADNOR, PA - April 7 , 2008 -- Airgas, Inc. (NYSE: ARG) today announced it has acquired A&N Plant, a European-based supplier of new and reconditioned rotating, positioning, and welding equipment for sale and rent. The business generated approximately $20 million in revenues for the year ended June 30, 2007. The... Read More

Mergers & Acquisition

Rockwell Automation to Acquire Incuity Software

May 5, 2008

MILWAUKEE (April 22, 2008) - Rockwell Automation, Inc. (NYSE: ROK) announced today that it has reached a definitive agreement to acquire Incuity Software, Inc., a privately held company that is a leading supplier of Enterprise Manufacturing Intelligence (EMI) software. Incuity's software provides... Read More

Mergers & Acquisition

MTS Signs Agreement to Acquire SANS Group

May 2, 2008

Accelerates Expansion in China EDEN PRAIRIE, Minn., April 29 - MTS Systems Corporation (NASDAQ:MTSC) today announced it has signed an agreement to acquire the assets of SANS Group (SANS), a leading provider of material testing solutions in China. The acquisition helps to accelerate MTS' strategy to grow... Read More

Mergers & Acquisition

Superior Plant Services Purchased by Actuant

May 2, 2008

We are pleased to announce that Actuant Corporation (NYSE:ATU) has completed the purchase of Superior Plant Services L.L.C. in a deal worth $57 million. Actuant Corporation is a $1.5 billion diversified industrial company with operations in more than 30 countries. The Actuant businesses are market leaders in... Read More

Mergers & Acquisition

Honeywell Signs Definitive Agreement to Acquire Metrologic Instruments, Innovator of Scanner Technology

May 1, 2008

Extends Presence in High-Growth Data Capture and Collection Industry Builds on Acquisition of Hand Held Products MORRIS TOWNSHIP, N.J., April 28 - Honeywell (NYSE:HON) today announced a definitive agreement to acquire Metrologic Instruments, Inc., a leading manufacturer of data capture and collection hardware and... Read More

Mergers & Acquisition

Kurz-Kasch Acquires Macon Electric Coil, Inc.

May 1, 2008

DAYTON, Ohio - January 31, 2008 - Kurz-Kasch, Inc., a worldwide leader in the design and manufacture of electromagnetic products, solenoids and composite components, announced today that it has acquired Macon Electric Coil, Inc. ("Macon"), a leading manufacturer of custom electric coils and solenoids for the... Read More

Mergers & Acquisition

Federal Signal Completes Sale of Its Tool Group

April 25, 2008

OAK BROOK, Ill., April 21 -- Federal Signal Corporation (NYSE:FSS), a leader in advancing security and well-being, announced today that it completed the sale of its tool group to Connell Limited Partnership. The businesses sold include Dayton Progress Corporation and its subsidiary, PCS Company. "The sale of these... Read More

Mergers & Acquisition

Paul Mueller Company Signs Agreement to Acquire Licensee

April 23, 2008

SPRINGFIELD, Mo., April 10, 2008 -- On April 10, 2008, Paul Mueller Company (Mueller) (Pink Sheets:MUEL) executed a definitive Share Purchase Agreement with Rollbas B.V. to purchase all of the outstanding shares of Paltrok Beheer B.V., a wholly owned subsidiary of Rollbas. Paltrok has been the European licensee of... Read More

Mergers & Acquisition

Industrial Distribution Group, Inc. Considers Unsolicited Acquisition Proposals

April 23, 2008

The Company Continues Its May 1, 2008 Schedule for Special Meeting of Stockholders to Vote On Proposed Acquisition by Platinum Equity ATLANTA, April 7, 2008-- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and... Read More

Mergers & Acquisition

Dover Announces the Acquisition of Neptune Chemical Pump Company

April 23, 2008

Lansdale, PA, April 15, 2008 - Dover Corporation (DOV: NYSE) announced on Friday, April 11, 2008, its acquisition of Neptune Chemical Pump Company. Neptune is now part of Dover's newly-formed Pump Solutions Group ("PSG") within the Fluid Management segment. Terms of the transaction were not released. Neptune... Read More

Mergers & Acquisition

Carpenter Expands Powder Capabilities with Acquisition of UltraFine Powder Technology, Inc.

April 21, 2008

BRIDGEVILLE, PA (April 4, 2008) -- Carpenter Technology Corporation recently announced its Carpenter Powder Products subsidiary has acquired UltraFine Powder Technology, Inc., a private company. UltraFine Powder, which operates a single facility in Woonsocket, R.I., is a leader in the manufacture and sale of... Read More

Mergers & Acquisition

Eriez® Acquires Complete Ownership of Eriez MBE India Limited (EMIL)

April 21, 2008

Erie, Pa-- EriezĀ® announces that the company is now the sole owner of Eriez MBE India Limited (EMIL). Previously, Eriez held 60 percent of EMIL's shares and McNally Bharat Engineering, India owned the remaining 40 percent. After a mutual agreement, Eriez transferred land to McNally Bharat Engineering in exchange... Read More