Mergers & Acquisition

Mergers & Acquisition

SPX Service Solutions to Acquire Matra-Werke GmbH

August 30, 2007

Acquisition Will Expand Global Distribution Capabilities to Support European Vehicle Manufacturers CHARLOTTE, N.C., Aug. 29 / -- SPX (NYSE:SPW) Service Solutions today announced it has entered into a definitive agreement to acquire Matra-Werke GmbH, a wholly owned subsidiary of KION Group GmbH located in... Read More

Mergers & Acquisition

Sipex Corporation Announces Results of Special Meeting of Stockholders Overwhemingly Approving the Proposed Merger Transaction with Exar Corporation

August 30, 2007

MILPITAS, Calif., Aug. 23 -- Sipex Corporation (NASDAQ:SIPX) today announced that at a Special Meeting of Sipex's stockholders, the stockholders adopted the merger agreement previously announced on May 8, 2007, among Sipex and Exar Corporation. Preliminary results indicate that more than 70% of the Sipex shares... Read More

Mergers & Acquisition

Electro-Motive Buys ITS Rail

August 30, 2007

LAGRANGE, Ill., Aug. 27 / -- Electro-Motive Diesel, Inc. (EMD) announced today that in striving to further enhance its aftermarket service offerings to customers worldwide, it has acquired certain assets of ITS Rail Services. EMD is the world's most successful builder of diesel-electric locomotives, and ITS is a... Read More

Mergers & Acquisition

Inverness Medical Innovations Agrees to Acquire Matritech, Inc.

August 30, 2007

WALTHAM, Mass. and NEWTON, Mass., Aug. 28 / -- Inverness Medical Innovations, Inc. (AMEX:IMA) and Matritech, Inc. (AMEX:MZT) today announced that they have entered into an asset purchase agreement pursuant to which Inverness will acquire substantially all of the assets of Matritech for aggregate consideration of $36... Read More

Mergers & Acquisition

Northrop Grumman Completes Acquisition of Scaled Composites, LLC

August 29, 2007

LOS ANGELES, Aug. 24 / -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40 percent to 100 percent. Scaled Composites is an aerospace and specialty composites development company located in Mojave... Read More

Mergers & Acquisition

Nordson Corporation Acquires TAH Industries

August 29, 2007

WESTLAKE, Ohio, Aug. 23 / -- Nordson Corporation (NASDAQ:NDSN) today announced that it has acquired TAH Industries, a manufacturer of motionless mixer dispensing systems for two component adhesives and sealants. The company is headquartered in Robbinsville, N.J., and employs approximately 180 people. TAH Industries... Read More

Mergers & Acquisition

GE, Mitsui Chemicals and Nagase Reach Agreement on Their Japan Joint Ventures

August 29, 2007

TOKYO, Japan - August 23, 2007 - GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. (Nagase) announced today that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC). GE Plastics Japan Ltd GE has acquired the entire equity... Read More

Mergers & Acquisition

Exatec Confirms GE Plastics' Acquisition of Bayer Materialscience's Share of Exatec Joint Venture

August 29, 2007

WIXOM, MICHIGAN - August 27, 2007 - Exatec, LLC announces that GE Plastics has agreed to acquire Bayer MaterialScience's share of the Exatec joint venture, which provides advanced glazing systems to the automotive industry. Under the terms of the deal, which is subject to regulatory approval, GE Plastics will... Read More

Mergers & Acquisition

Con-way Completes Acquisition of Contract Freighters, Inc.

August 29, 2007

$750 Million Acquisition Expands Capabilities, Creates Unique Transportation and Logistics Enterprise SAN MATEO, Calif. and JOPLIN, Mo., Aug. 23 -- Con-way Inc. (NYSE:CNW) today announced that it has completed its $750 million acquisition of Contract Freighters, Inc. (CFI), a privately held North American... Read More

Mergers & Acquisition

Zimmer Holdings Announces Agreement to Acquire ORTHOsoft, A Leader in Computer Assisted Orthopaedic Surgery

August 29, 2007

WARSAW, Ind. and MONTREAL, Aug. 23 -- Zimmer Holdings, Inc. (NYSE:ZMH), a leader in the orthopaedics industry, and ORTHOsoft Inc. (TSX-Venture: OSH), a leader in computer navigation for orthopaedic surgery, announced today that Zimmer has reached an agreement to make an offer to acquire all of ORTHOsoft's... Read More

Mergers & Acquisition

Horizon Lines, Inc. Announces Acquisition of Aero Logistics

August 29, 2007

CHARLOTTE, N.C., Aug. 22-- Horizon Lines, Inc., (NYSE:HRZ) announced today that it has acquired Aero Logistics, a full service, third party logistics provider (3PL) headquartered in South San Francisco, CA. The terms of the acquisition were not disclosed. Aero Logistics designs and manages custom freight shipping... Read More

Mergers & Acquisition

Color Kinetics' Shareholders Adopt Merger Agreement with Philips

August 29, 2007

BOSTON, Aug. 22 / -- Color Kinetics Incorporated (NASDAQ:CLRK) announced that its shareholders at a special meeting held in Boston, Massachusetts today adopted the merger agreement under which Color Kinetics is to be acquired by Philips Holding USA, Inc., a subsidiary of Koninklijke Philips Electronics, N.V... Read More

Mergers & Acquisition

Chaparral Steel Company and Gerdau Ameristeel Corporation Announce Expiration of Hart-Scott-Rodino Waiting Period

August 29, 2007

MIDLOTHIAN, TX, and TAMPA, FL, Aug. 23 / -- Chaparral Steel Company (NASDAQ:CHAP) and Gerdau Ameristeel Corporation (NYSE:GNA)(NYSE: TSX:)(NYSE:GNA) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), in connection with the Agreement and Plan of... Read More

Mergers & Acquisition

Exar Corporation Announces Results of Special Meeting of Stockholders Overwhelmingly Approving the Proposed Merger Transaction with Sipex Corporation

August 29, 2007

FREMONT, Calif., Aug. 23 -- Exar Corporation (NASDAQ:EXAR) today announced that its stockholders have voted to approve the issuance of shares of Exar common stock in Exar's proposed acquisition of Sipex Corporation pursuant to a merger agreement entered into with Sipex. Preliminary results indicate that more than... Read More

Mergers & Acquisition

CGGVeritas: CGGVeritas Acquires 15 Percent Interest in OHM

August 28, 2007

PARIS, August 21/ -- CGGVeritas (NYSE: CGV) is pleased to announce that, subsequent to the approval by the shareholders of Offshore Hydrocarbon Mapping plc ("OHM"), it has acquired 6 395 571 shares of OHM at a price of 240 pence per share, representing 15 per cent of OHM's issued share capital. On July 17, 2007... Read More

Mergers & Acquisition

Autodesk Acquires PlassoTech

August 28, 2007

Simulation Software Extends Functionality of the Autodesk Digital Prototyping Solution SAN RAFAEL, Calif., Aug. 27 / -- Autodesk, Inc. (NASDAQ:ADSK) today announced the acquisition of California-based PlassoTech, a leading supplier of analysis and simulation software for the mechanical design market. The... Read More

Mergers & Acquisition

Manatron Agrees to Buy Records Management Solutions Business from Hart InterCivic, Inc.

August 27, 2007

o This acquisition, when completed, is expected to: o Add more than 50 clients in 13 states o Expand Manatron's reach to 40 states, adding Louisiana, Mississippi, New Jersey and Texas o Increase Manatron's recurring software maintenance and hosting revenues by approximately $4.0 million on an annualized basis o... Read More

Mergers & Acquisition

vps ID Systeme GmbH Becomes Wholly-Owned Subsidiary of Digital Identification Solutions AG

August 27, 2007

Digital Identification Solutions AG acquires 100% of vps ID Systeme GmbH Ettlingen/Stuttgart, Germany (August 20, 2007) - Effective immediately, vps ID Systeme GmbH becomes a subsidiary of Digital Identification Solutions AG. The international leader in identification solutions acquires 100% of the Ettlingen-based... Read More

Mergers & Acquisition

Sweco Announces Acquisition of Ecutec Barcelona S.L.

August 24, 2007

Florence, KY (August 17, 2007) Sweco, A Business Unit of M-I L.L.C., today announced its recent acquisition of Ecutec Barcelona S.L., a company that specializes in classifying, coating and grinding fine and ultra-fine powders. Ecutec provides complete integrated turnkey systems as well as precision, stand-alone... Read More

Mergers & Acquisition

CPM Acquires Crown Iron Works

August 24, 2007

WATERLOO, Iowa-CPM, the world's leading supplier of process equipment and technology for the animal feed, oilseed, biofuels and human food processing industries, announces the acquisition of Crown Iron Works based in Minneapolis, Minn. Crown Iron Works is the global leader in thermal, mechanical and chemical... Read More