Mergers & Acquisition

Mergers & Acquisition

Toyota Acquires Prolift Industrial Equipment Co., LLC

August 7, 2007

IRVINE, Calif. (February 28, 2007) Toyota Material Handling, U.S.A., Inc. (TMHU) announced today the acquisition of ProLift Industrial Equipment Co., LLC, one of Toyota's most successful lift truck dealerships based in Louisville, Ky., with branches in Evansville, Ind.; Cincinnati, Ohio; Lexington, Ky.; Dayton... Read More

Mergers & Acquisition

Schneider Electric Further Expands Its Building Automation Offering With the Acquisition of Pelco, a Worldwide Leader of Video Security

August 6, 2007

Rueil-Malmaison, France, August 1, 2007 - Schneider Electric announced today the acquisition of California-based Pelco Inc., a privately held company. Pelco is a worldwide leader in the design, development and manufacturing of video security systems. Pelco will further strengthen Schneider Electric's Building... Read More

Mergers & Acquisition

ADM to Acquire Operations of Fasco Mills Company

August 6, 2007

DECATUR, Ill., July 27 / -- Archer Daniels Midland Company (NYSE:ADM) today announced that it has entered into an agreement to acquire the business operations of Fasco Mills Company, headquartered in Mendota, Illinois. Fasco Mills, founded in 1934, is a family-owned grain and feed company operating one of the... Read More

Mergers & Acquisition

Air Methods Announces Agreement to Acquire FSS Airholdings, Inc., Parent Company of CJ Systems Aviation Group, Inc.

August 6, 2007

DENVER, July 31 / -- Air Methods Corporation (NASDAQ:AIRM) announced today that the Company has entered into a Definitive Purchase Agreement (the Agreement) to acquire 100% of the outstanding common stock of FSS Airholdings, Inc. (parent company of CJ Systems Aviation Group, Inc. or "CJ"). CJ is one of the larger... Read More

Mergers & Acquisition

Cell Therapeutics, Inc. Completes Acquisition of SMi

August 6, 2007

SEATTLE, July 31 -- Cell Therapeutics, Inc. (CTI) (Nasdaq and MTAX: CTIC) today confirmed that it has completed the acquisition of Systems Medicine, Inc. (SMi), a privately held oncology company, in a stock for stock merger valued at $20 million. SMi stockholders could also receive a maximum of $15 million in... Read More

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