Mergers & Acquisition

Mergers & Acquisitions

Johnson Controls and Tyco Announce Future Executive Leadership Team Upon Close of Planned Merger

May 31, 2016

MILWAUKEE and CORK, Ireland, May 27, 2016 - Johnson Controls (NYSE: JCI) and Tyco International (NYSE: TYC) today announced the senior executive team that will lead the combined company following the close of their planned merger, which is expected on or around Oct. 1, 2016. As previously announced, at the effective time of the merger, Johnson Controls chairman and chief executive officer... Read More

Mergers & Acquisitions

Waste Connections Stockholders Approve Merger with Progressive Waste Solutions

May 31, 2016

THE WOODLANDS, Texas, May 26, 2016 - Waste Connections, Inc. (NYSE: WCN) announced that its stockholders have approved the previously announced merger agreement with Progressive Waste Solutions Ltd. ("Progressive") at the special meeting of Waste Connections stockholders held today. The proposal to approve the merger agreement received support from more than 99% of the votes cast. Upon... Read More

Mergers & Acquisitions

Cemtrex to Acquire Electronics Manufacturer Specializing in Automotive Technologies

May 31, 2016

Acquisition of this €30 million revenue generator positions Cemtrex in Automotive Electronics Market, anticipated to reach $352.92 billion FARMINGDALE, N.Y., May 27, 2016 - Cemtrex Inc. (Nasdaq: CETX), a world leading industrial and manufacturing solutions company, announced today that it has entered into an agreement to acquire all the assets of an electronics manufacturing company located... Read More

Mergers & Acquisitions

Patrick Industries, Inc. Completes Acquisition of Cana Holdings, Inc.

May 26, 2016

ELKHART, Ind., May 23, 2016 - Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of the business and certain assets of Cana Holdings, Inc. and its subsidiaries (collectively "Cana"). Cana, with two operations in Elkhart, Indiana and one in Americus, Georgia, is a custom cabinetry manufacturer primarily serving the... Read More

Mergers & Acquisitions

Westlake Chemical Provides Update Regarding its Proposal to Acquire Axiall Corporation

May 26, 2016

HOUSTON, May 23, 2016 - Westlake Chemical Corporation (NYSE: WLK) today provided the following update regarding its proposal to acquire all of the outstanding shares of Axiall Corporation (NYSE: AXLL):  • Since Axiall announced on May 4, 2016 that it was considering strategic alternatives, Westlake has sought to engage with Axiall on several occasions with respect to Westlake's... Read More

Mergers & Acquisitions

Proxy Advisory Firms Have Reaffirmed Recommendation that Fuel Systems Shareholders Vote for the Proposed Merger

May 26, 2016

Merger Agreement already overwhelmingly approved by Westport shareholders VANCOUVER, May 20, 2016 - Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT) ("Westport"), engineering the world's most advanced natural gas engines and vehicles, announced today that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm that provides voting recommendations to... Read More

Mergers & Acquisitions

Arborite, a Business Unit of Wilsonart, to Acquire Lamin-Art, Inc.

May 26, 2016

MONTREAL, May 20, 2016 - Arborite, a Montreal-based manufacturer of high pressure laminate (HPL), today announced an agreement to acquire Lamin-Art, Inc., a leading brand of decorative surfaces in North America. The Schaumburg, Illinois-based Lamin-Art was a privately-held business and will now operate as a part of the Wilsonart Engineered Surfaces organization. "The Lamin-Art business... Read More

Mergers & Acquisitions

Air Liquide Completes Acquisition of Airgas

May 26, 2016

• Acquisition’s strong industrial and market logic ideally positions company for future growth and long-term value creation • More than $300 million in synergies identified, with the majority to be achieved within the next two to three years • Air Liquide strengthens its global leadership in the industrial gas industry Paris, France, and Radnor (Pennsylvania), USA - 23 May 2016 -... Read More

Mergers & Acquisitions

U.S. Silica Acquires Additional Reserves at Ottawa

May 26, 2016

FREDERICK, Md., May 24, 2016 - U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it has completed the purchase of a fully permitted, 327-acre parcel of land adjacent to its existing silica sand mine and plant in Ottawa, Illinois. The company plans to use the land for future mining operations and said it will add approximately 30 million tons of proven reserves. U.S. Silica purchased... Read More

Mergers & Acquisitions

Standard Motor Products, Inc. Announces Acquisition of Automotive Ignition Wire Business of General Cable

May 26, 2016

NEW YORK, May 23, 2016 - Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, announced today that it has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71 million, subject to post-closing adjustments. The acquisition will include the purchase of General Cable's... Read More

Mergers & Acquisitions

VadaTech Acquires RFSS

May 26, 2016

Henderson, NV - May 23rd, 2016 - VadaTech, a leading manufacturer of embedded boards, enabling software and application-ready platforms, today announced the acquisition of Radio Frequency Simulation Systems, Inc. (RFSS), which specializes in the design of high fidelity, wide band, high bit count digital RF memories (DRFM), Radar and IFF test systems, and electronic countermeasure (ECM)... Read More

Mergers & Acquisitions

Bluff Manufacturing Acquired by Wincove Private Holdings

May 26, 2016

FORT WORTH, TX - May 23, 2016 - Bluff Manufacturing, a leading provider of material handling and warehouse safety equipment to companies throughout the U.S, Mexico, Canada, Caribbean and South America, is pleased to announce that the company has been acquired by Wincove Private Holdings, LP, a holding company with a permanent equity capitalization and management. Wincove creates long-term... Read More

Mergers & Acquisitions

Premier Safety and Service Acquires Shannon Safety PPE Division

May 23, 2016

Oakdale, PA - Premier Safety and Service, Inc., acquires Shannon Safety Products PPE Division of Shannon Optical Co., Inc. Premier Safety Service, Inc., is pleased to announce that it has acquired Shannon Safety Products PPE Division of Shannon Optical Co, Inc., a distributor of personal protection equipment since 1961. “The purchase of Shannon Safety Products makes us a go-to provider... Read More

Mergers & Acquisitions

Synopsys Completes Acquisition of Simpleware

May 23, 2016

MOUNTAIN VIEW, Calif. – Synopsys, Inc. (Nasdaq:SNPS) today announced it has completed its acquisition of Simpleware Ltd., a privately held, leading provider of software products for the conversion of 3D scan data into high-quality computer models used for engineering design and simulation. The Simpleware products address a wide range of product design and data analysis applications in the... Read More

Mergers & Acquisitions

Lincoln Electric Acquires Vizient® Manufacturing Solutions

May 20, 2016

Advances the Automation Growth Strategy CLEVELAND – Lincoln Electric Holdings, Inc. (Nasdaq:LECO) announced today that it has acquired Vizient® Manufacturing Solutions (“Vizient”), a privately held robotic integrator specialized in custom engineered tooling and automated arc welding systems for general and heavy fabrication applications. “We are excited to welcome Vizient into our... Read More

Mergers & Acquisitions

Taylor Dynamometer Acquires Dyne Systems to Better Serve Customers' Needs

May 20, 2016

MILWAUKEE, WI – Taylor Dynamometer, a leading global manufacturer of dynamometers, facility support equipment and turnkey test cell solutions, announced today its acquisition of Dyne Systems, Inc. a leader and manufacturer of eddy current, AC and DC dynamometers, controls and drives. Dyne Systems is headquartered in Jackson, Wisconsin and brings 35 years of industry experience. It is... Read More

Mergers & Acquisitions

Tyco Security Products Acquires Innometriks

May 20, 2016

Deal strengthens TSP’s Solutions in the Government Market WESTFORD, Mass. – Tyco Security Products announced today it has acquired substantially all of the assets of Innometriks and 2DogsStudios, developers of high assurance readers, software and mobile solutions for FIPS-201 (Federal Information Processing Standard) smart card credentials. This acquisition strengthens Tyco Security... Read More

Mergers & Acquisitions

WaterFurnace Parent Company NIBE to Acquire Climate Control Group from LSB Industries for USD 364 Million

May 18, 2016

Fort Wayne, IN – NIBE Industrier AB of Sweden ("NIBE"), the parent company of Fort Wayne based WaterFurnace International, announced today that it has entered into a stock purchase agreement with LSB Industries, Inc. ("LSB"), (NYSE: LXU) to acquire 100% of LSB’s Climate Control Group, Inc. ("CCG”) for USD 364 million. CCG is the holding entity for six unique heating, ventilation and... Read More

Mergers & Acquisitions

U.S. Federal Trade Commission Clears Air Liquide's Acquisition of Airgas

May 18, 2016

Paris, France Radnor (Pennsylvania), USA – Air Liquide (Euronext Paris: AI) announced today that the U.S. Federal Trade Commission (the “FTC”) has cleared the acquisition of Airgas (NYSE: ARG) by Air Liquide, satisfying the final regulatory condition to the closing of the pending acquisition. The companies anticipate closing the acquisition on 23 May 2016, subject to the satisfaction of... Read More

Mergers & Acquisitions

Amcor Rigid Plastics Continues Growth Strategy with Acquisition of Plastic Moulders Limited

May 17, 2016

ANN ARBOR, Mich. – Amcor Rigid Plastics has purchased Plastic Moulders Limited, a privately held Toronto-based custom precision molding business. “This acquisition will continue our growth strategy,” said Mike Schmitt, Amcor Rigid Plastics president. “Plastic Moulders’ technologies and superior technical capabilities will strengthen our business portfolio. We will be able to offer... Read More