Mergers & Acquisition

Mergers & Acquisition

Parker Acquires Composites Technology Company to Enable Energy Saving Solutions

September 9, 2008

Combination of light weight carbon fiber composites technology and Parker's hydraulic expertise anticipated to yield new customer solutions CLEVELAND, Sept. 4 - Parker Hannifin Corporation, the world leader in motion and control technologies, today announced that it has acquired Lingk & Sturzebecher of Stuhr... Read More

Mergers & Acquisition

AMETEK to Acquire Xantrex Programmable Power

September 5, 2008

Unit of Xantrex Technology Broadens Scope of AMETEK's Power Business Paoli, PA, July 28, 2008 - AMETEK, Inc. today announced it has agreed to acquire the programmable power business of Xantrex Technology, Inc. for $120 million in cash. Based in San Diego, Xantrex's Programmable Power Division is a leader in... Read More

Mergers & Acquisition

GSI Group Completes Acquisition of Excel Technology

September 5, 2008

BEDFORD, Mass., Aug. 29 -- GSI Group Inc., (NASDAQ:GSIG) announced today that it has completed its acquisition of Excel Technology, Inc. ("Excel") pursuant to a short-form merger in which an indirect wholly owned acquisition subsidiary of GSI was merged with and into Excel, with Excel continuing as the sole... Read More

Mergers & Acquisition

GSI Group Completes Tender Offer for Excel Technology

September 2, 2008

BEDFORD, Mass., Aug. 27 - GSI Group Inc. today announced successful completion of the tender offer by its indirect wholly owned subsidiary Eagle Acquisition Corporation (EAC) for all outstanding shares of common stock of Excel Technology, Inc. The depositary for the tender offer has advised GSI and EAC that, as of... Read More

Mergers & Acquisition

Zotefoams plc Investment in Unique Foam Technology

August 27, 2008

Zotefoams plc announces today that, effective July 8 2008, it has acquired a 30% stake in a subsidiary set up specifically by Trexel Inc. to exploit and further develop microcellular foam technology for extrusion. The new subsidiary, MuCell Extrusion LLC, will be owned 70% by Trexel Inc., a US-based company... Read More

Mergers & Acquisition

ARPAC Acquires Certain Assets of Packaging Machines International, Inc.

August 27, 2008

Schiller Park, Illinois - August 24, 2008 - Effective August 21, 2008 PMI-ARPAC LLC a subsidiary of ARPAC L.P. has acquired certain of the assets of Packaging Machines International, Inc. (PMI). PMI is a manufacturer of shrink packaging machinery also located in the Chicagoland area The addition of PMI will bring a... Read More

Mergers & Acquisition

Thermo Fisher Scientific Strengthens Presence in India

August 27, 2008

WALTHAM, Mass. (June 2, 2008) - Thermo Fisher Scientific Inc., the world leader in serving science, today announced it has acquired the Analytical Technologies and Environment Instrumentation divisions of Chemito Technologies Pvt. Ltd. Headquartered in Mumbai, India, Chemito is the country's largest local supplier... Read More

Mergers & Acquisition

Thermo Fisher Scientific Acquires Open Biosystems, Creating Unmatched RNAi Platform

August 27, 2008

WALTHAM, Mass. (July 1, 2008) - Thermo Fisher Scientific Inc., the world leader in serving science, announced today that it has acquired Open Biosystems, Inc., a provider of RNA interference (RNAi), gene expression and protein detection products for life science research and drug discovery and development. The... Read More

Mergers & Acquisition

Hoya Vision Care Expands in Czech Republic

August 26, 2008

UITHOORN, the Netherlands, August 21 - Hoya Corporation's Vision Care Division, a key player in the global market for ophthalmic lenses, announced today that it acquired Dioptra CZ a.s., one of the leading distributors of ophthalmic lenses in the Czech Republic. Dioptra has a long and rich tradition in the optical... Read More

Mergers & Acquisition

Air Products Acquires Harvest Energy Technology to Enhance Global Hydrogen Product Offerings

August 25, 2008

LEHIGH VALLEY, Pa., Aug. 20 -- Air Products (NYSE:APD) today announced it has acquired Harvest Energy Technology, Inc., a leader in the development of hydrogen generation technology for industrial and energy applications, to enhance its overall global hydrogen product offerings. Terms of the deal for the company... Read More

Mergers & Acquisition

Aggreko Enhances Canadian Presence with Acquisition of Power Plus Rentals and Sales

August 25, 2008

Global Leader Brings Experience And Expertise to Canadian Market HOUSTON and EDMONTON, Alberta, Aug. 19 - Aggreko, the global leader in temporary power, temperature control and oil-free compressed air solutions, announced today that it has strengthened its Canadian presence by acquiring all the assets of Power... Read More

Mergers & Acquisition

Transcat Acquires Westcon, Inc.

August 20, 2008

o Adds a Pacific Northwest full-service calibration operation o Provides a West Coast product distribution center o Establishes entry into high growth wind energy market Rochester, NY, August 14, 2008 - Transcat, Inc. (NASDAQ: TRNS), a leading global distributor of professional grade test, measurement and... Read More

Mergers & Acquisition

Ansell Limited Announces Acquisition of Hawkeye Glove Manufacturing, Inc.

August 19, 2008

RED BANK, N.J. (August 14, 2008) - Ansell Limited announced the acquisition of the Hawkeye Glove Company's assets, including five U.S. factories, to form Ansell Hawkeye, Inc. Hawkeye is the leading glove supplier to the U.S. military with approximately 10 percent share of the U.S. military glove market. "The... Read More

Mergers & Acquisition

ON Semiconductor to Acquire Catalyst Semiconductor, Inc. in an All-Stock Transaction

August 18, 2008

PHOENIX, AZ and SANTA CLARA, CA - July 17, 2008 - ON Semiconductor Corporation (Nasdaq: ONNN) and Catalyst Semiconductor, Inc. (Nasdaq: CATS) today announced the signing of a definitive merger agreement providing for the acquisition of Catalyst Semiconductor by ON Semiconductor in an all-stock transaction in which... Read More

Mergers & Acquisition

Z-AXIS Acquires Display Concepts, Provider of Replacement LCD Monitors for ATMs

August 18, 2008

Company will retain sales and support office in Edgerton, WI; transfer design and production to its manufacturing center in Phelps, NY Phelps, NY - July 21, 2008 - Z-AXIS (www.zaxis.net) today announced that it has acquired the business of Display Concepts, LLC (www.display-concepts.com) for an undisclosed amount... Read More

Mergers & Acquisition

PaR Systems Teams with MML Capital Partners

August 18, 2008

Saint Paul/Minneapolis, MN - July 16, 2008 - PaR Systems, Inc. ("PaR") announces that MML Capital Partners ("MML") and PaR's management have teamed to acquire the company from American Capital Ltd., with senior financing provided by M&I Marshall & Ilsley Bank. PaR is a leading provider of specialized material... Read More

Mergers & Acquisition

APEM Acquires CH Products

August 15, 2008

Acquisition increases APEM's US manufacturing base Haverhill, MA, USA, July 21, 2008 - APEM, a global manufacturer of electrical switches and switch panel products is pleased to announce the acquisition of CH Products, a leading manufacturer of joysticks, trackballs and simulation control devices. CH Products... Read More

Mergers & Acquisition

Dynamics Research Corporation Completes Acquisition of Kadix Systems

August 14, 2008

Revenue Base of More Than $40 Million Strengthens DRC's Position in Growth Markets ANDOVER, Mass., Aug. 11 - Dynamics Research Corporation (NASDAQ:DRCO), a leading provider of innovative engineering, technology and information technology services and solutions to federal and state governments, today announced it... Read More

Mergers & Acquisition

Fischer Process Industries Announces the Acquisition of Meters & Controls, of Cincinnati, Ohio

August 11, 2008

June 1, 2008.... Fischer Process Industries announces the acquisition of Meters & Controls, of Cincinnati, Ohio, who specializes in the sales and service of instrumentation products including flow meters, gas monitors, level controls, transmitters, and fire detectors. Major product lines now offered include... Read More

Mergers & Acquisition

Federal Signal Completes Sale of E-ONE

August 8, 2008

Completes Sale of Additional $18 Million Tranche of Leases Proceeds to be Used to Pay Down Debt OAK BROOK, Ill., Aug. 5 - Federal Signal Corporation (NYSE:FSS), a leader in advancing security and well-being, today announced that it has completed the sale of E-ONE, a manufacturer of fire apparatus located in Ocala... Read More