Mergers & Acquisition

Mergers & Acquisition

Builders FirstSource Acquires Bama Truss and Components

August 6, 2007

DALLAS, Aug. 1 -- Builders FirstSource, Inc. (NASDAQ:BLDR), a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, today announced that it has acquired Bama Truss and Components, Inc. ("Bama"). Based in Shelby, Alabama, Bama is a market... Read More

Mergers & Acquisition

Cubellis Announces Merger with Seyffer + Koch Architectural Group, Glen Rock, NJ

August 6, 2007

BOSTON, July 30 -- Cubellis announces today their merger with Seyffer + Koch Architectural Group (S+K), a New Jersey-based firm focusing on architecture, space planning, and interior design. "S+K's academic, science, and interiors experience strengthens our firm's core practice areas, adding critical mass to our... Read More

Mergers & Acquisition

CMS Energy Announces Close of Sale of South American Pipeline and Power Plant to Endesa

August 6, 2007

JACKSON, Mich., Aug. 1 -- CMS Energy announced today that several of its subsidiaries have closed on the sale of their interests in the GasAtacama natural gas pipeline and power plant in South America to Empresa Nacional De Electricidad S.A. (Endesa) for $80 million. Proceeds from the sale will be used for general... Read More

Mergers & Acquisition

BluePhoenix Solutions Announces Signing of Letter of Intent for Acquisition of ASNA

August 6, 2007

Acquisition Expands BluePhoenix's Addressable Market Size by an Estimated $5 Billion Over Next Fifteen Years With a Focus on Midrange Computing Market HERZLIA, Israel, August 1 -- BluePhoenix Solutions Ltd. (NASDAQ: BPHX), a leading provider of value driven modernization solutions for legacy information... Read More

Mergers & Acquisition

TGW Logistics Group Acquires ECOLOG

August 6, 2007

Spring Lake, Michigan - TGW-ERMANCO has announced the acquisition of ECOLOG Logistiksysteme GmbH by TGW-ERMANCO'S parent company, TGW Logistics Group. ECOLOG is located in Wels, Austria and is a supplier of automated material handling solutions. The company has a strong controls and software division which will... Read More

Mergers & Acquisition

Rami Technology Group Acquires Raltron Electronics

August 6, 2007

Raltron to continue as a Rami Technology Group subsidiary Miami, Fl. July 5, 2007 Raltron Electronics Corp., Miami FL announced today that it had been acquired by the Rami Technology Group of Hong Kong. In making this announcement Raltron stressed the fact that the company will continue to market its complete... Read More

Mergers & Acquisition

Starrett Acquires Kinemetric Engineering, LLC.

August 6, 2007

Compatibility of product lines / markets and engineered solutions are key reasons for purchase. ATHOL, MASSACHUSETTS U.S.A. (July 18, 2007) - Today, The L.S. Starrett Co. announced they acquired the assets of Kinemetric Engineering, LLC (Laguna Hills, CA, USA) for $2.3 million dollars. Kinemetric Engineering... Read More

Mergers & Acquisition

Swisslog Buys Swedish Manufacturer Accalon

August 3, 2007

Buchs/Aarau: Swisslog has purchased Accalon, a leading manufacturer of conveyor systems and stacker cranes for warehouses and distribution centers, for an undisclosed sum. "The acquisition of Accalon enables us to increase our competitiveness in the area of less complex projects, where conveyor systems and stacker... Read More

Mergers & Acquisition

Unarco Acquires Kingway-Inca-Clymer Material Handling

August 3, 2007

Springfield, TN: Unarco Material Handling Inc. has acquired Kingway-Inca-Clymer Material Handling from American Capital Strategies LTD. The two industry leaders will now combine forces to strengthen market presence and securely become the second largest pallet rack manufacturer in the U.S. The newly-formed... Read More

Mergers & Acquisition

Curtiss-Wright Acquires Benshaw Advanced Controls & Drives

August 3, 2007

Expands Leadership in Electronic Motor Controls and Protection Technology ROSELAND, N.J., Aug. 1 -- Curtiss-Wright Corporation (NYSE: CW) announced today that it has acquired the stock of Benshaw Advanced Controls & Drives, of Pittsburgh, PA, for approximately $102 million in cash. Benshaw is a market leader... Read More

Mergers & Acquisition

VMware and Cisco Announce Investment

August 1, 2007

PALO ALTO, Calif. and SAN JOSE, Calif., July 27 /-- VMware, Inc. today announced that Cisco Systems will acquire an equity stake in the company. Cisco will purchase $150 million of VMware Class A common shares currently held by EMC Corporation, VMware's parent company, subject to customary regulatory and other... Read More

Mergers & Acquisition

The Middleby Corporation Enters Agreement to Acquire Business of MP Equipment Company

August 1, 2007

ELGIN, IL.--June 14, 2007 -- The Middleby Corporation (NASDAQ:MIDD) today announced it has entered into an agreement to acquire the assets of MP Equipment Company. The acquisition is expected to close on July 2, 2007. MP Equipment manufactures and distributes a variety of equipment for the food processing... Read More

Mergers & Acquisition

Westinghouse to Acquire IST Nuclear, Greatly Enhancing Nuclear Capabilities in Growing South African Market

August 1, 2007

o Company is Key Participant in Pebble Bed Modular Reactor Program o Engineering, Technical Staff to Support Service Work at Existing Nuclear Plants MONROEVILLE, Pa., July 23 /-- Westinghouse Electric Company today announced it has signed an agreement to purchase IST Nuclear (ISTN), a leading provider of services... Read More

Mergers & Acquisition

NSF International Makes Offer to Acquire CMi

August 1, 2007

Combined Business Addresses Growing Global Food Safety Concerns (ANN ARBOR, MI, USA & LONG HANBOROUGH, OXFORD, ENGLAND, UK) - NSF International, a global testing and certification company committed to public health protection, today announced that it has reached agreement on the terms of a recommended cash offer... Read More

Mergers & Acquisition

GlobalSantaFe Corporation and Transocean Inc. Agree to Combine

August 1, 2007

Merger Highlights: o Seasoned management and technical staffs of both companies led by Chief Executive Officer Robert L. Long and President and Chief Operating Officer Jon A. Marshall. o Equal representation on 14-member board, chaired by Robert E. Rose. o Geographic and asset diversity with 146-rig fleet... Read More

Mergers & Acquisition

Superior Essex Completes Acquisition of Nexans Tianjin Magnet Wire Operations

August 1, 2007

ATLANTA, July 26 / -- Superior Essex Inc. (NASDAQ:SPSX), one of the largest wire and cable manufacturers in the world, today announced that it has completed the acquisition of 80% of the common equity ownership of Nexans Tianjin Magnet Wires and Cables Co., Ltd. The purchase price is approximately $10 million in... Read More

Mergers & Acquisition

Redemtech Acquires Texas-Based PC Asset Recovery, Inc.

August 1, 2007

Acquisition Provides Streamlined IT Asset Recovery and Disposition Solutions for Small-to Mid-sized Businesses Columbus, Ohio-Redemtech (www.redemtech.com), a leading provider of Technology Change Management (TCM) services, today announced the acquisition of PC Asset Recovery, Inc., an IT asset recovery and... Read More

Mergers & Acquisition

Mistral Amalgamates Group Companies

August 1, 2007

Bangalore, 31 July 2007 - Mistral a leading product realization company specializing in real-time embedded solutions announced today the amalgamation of its group companies Mistral Software Pvt. Ltd. and Mistral Solutions Pvt. Ltd. The merged company will be called Mistral Solutions Pvt. Ltd. Established in... Read More

Mergers & Acquisition

QIAGEN Completes Exchange Offer for Digene Corporation

July 31, 2007

Anticipates Prompt Completion of Acquisition VENLO, Netherlands, July 26 /-- QIAGEN N.V. (Nasdaq: QGEN; Frankfurt, Prime Standard: QIA) today announced that it has successfully completed its exchange offer for all outstanding shares of common stock of Digene Corporation (NASDAQ:DIGE). The exchange offer expired at... Read More

Mergers & Acquisition

Continental AG and Siemens VDO Automotive AG Join Together To Form Automotive Supplier at Forefront of Global Market

July 31, 2007

o Biggest purchase in Continental's history clears way to excellent future prospects o Unsurpassed competence in chassis, safety, powertrain systems and infotainment o Consolidated innovative prowess and broad product portfolio with top technologies o Creative power of employees indispensable in carrying through... Read More