Mergers & Acquisition

Mergers & Acquisition

ThyssenKrupp Budd Sells Mexican Interest

May 30, 2007

TROY, Mich., May 16: ThyssenKrupp Budd Company has announced the sale of its one-third interest in Aventec S.A. de C.V., Aventec Mexicana S.A., de C.V. and Aventec Ramos Arizpe, S.A. de C.V., three joint venture companies based in Mexico. The ThyssenKrupp Budd shares were purchased by the two other joint venture... Read More

Mergers & Acquisition

Magtrol SA Acquires Reznicek & Hlach SA

May 29, 2007

Magtrol SA, a leading manufacturer of test and measurement equipment, has acquired the company Reznicek & Hlach SA on May, 1st 2007. Founded in 1977 by Mr. Reznicek and Mr. Hlach, the company is active in developing and producing sensors for diverse force measurement applications ranging from miniature force... Read More

Mergers & Acquisition

Honeywell Acquires Dimensions International

May 29, 2007

Expands Ability to Provide Comprehensive, Cost-Competitive Solutions for DoD Equipment Reset Challenges PHOENIX, May 22 / -- Honeywell (NYSE:HON) announced today that it has signed a definitive agreement to acquire defense logistics leader Dimensions International for $230 million. The transaction is subject to... Read More

Mergers & Acquisition

Patrick Industries Completes Acquisition of Adorn, LLC

May 29, 2007

ELKHART, Ind., May 21: Paul E. Hassler, President and CEO of Patrick Industries, Inc. (NASDAQ:PATK) today announced that Patrick has completed the acquisition of Adorn, LLC, a manufacturer and supplier of interior components to the recreational vehicle (RV) and manufactured housing (MH) industries. Mr. Hassler... Read More

Mergers & Acquisition

NETGEAR® Completes Acquisition of Infrant

May 29, 2007

SANTA CLARA, Calif., May 17 / -- NETGEAR, Inc. (NASDAQ:NTGR), a worldwide provider of technologically advanced, branded networking products, today announced that it has completed the acquisition of privately-held Infrant Technologies, Inc. of Fremont, California. On May 2, 2007, NETGEAR executed a definitive... Read More

Mergers & Acquisition

EnerSys Acquires Bulgarian Battery Company

May 29, 2007

READING, Pa., May 18 / -- EnerSys (NYSE:ENS), the world's largest manufacturer, marketer, and distributor of industrial batteries, today announced that it has completed the acquisition of Energia AD, a producer of industrial batteries, located in Targovishte, Bulgaria. The total purchase price for this transaction... Read More

Mergers & Acquisition

AEP Completes Purchase of Lawrenceburg Plant

May 29, 2007

COLUMBUS, Ohio, May 16 / -- American Electric Power, through its AEP Generating Co. subsidiary, today completed the purchase of the Lawrenceburg Generating Station in Indiana from an affiliate of Public Service Enterprise Group. The purchase, valued at approximately $325 million, was announced in January. The... Read More

Mergers & Acquisition

Sentry Equipment Corp Sells Tank Cleaner Product Line to Tanker Wash Systems, Inc.

May 29, 2007

Oconomowoc, Wisconsin (May 16, 2007) - Sentry Equipment Corp, the leading worldwide supplier of sampling components and systems for over 80 years, announced the sale of its tank cleaner product line to Tanker Wash Systems, Inc. of Sandwich, Illinois. Sentry Equipment is a well-known international manufacturer and... Read More

Mergers & Acquisition

ITW Acquires Tregaskiss Welding Products

May 29, 2007

GLENVIEW, Ill. May 22: Illinois Tool Works Inc. (NYSE: ITW) announced that as of May 18, 2007, it has acquired Tregaskiss Welding Products of Windsor, Ontario, Canada. Tregaskiss is a leading manufacturer of robotic and semi-automatic MIG welding torches and peripherals. Terms of the transaction were not... Read More

Mergers & Acquisition

II-VI Incorporated Announces Agreement to Acquire Pacific Rare Specialty Metals & Chemicals, Inc.

May 29, 2007

PITTSBURGH, May 17 / -- II-VI Incorporated (NASDAQ:IIVI) announced today it has executed a definitive stock purchase agreement whereby a wholly owned subsidiary of II-VI Incorporated (II-VI) will acquire substantially all of the equity interests of Pacific Rare Specialty Metals & Chemicals, Inc. (PRSMC) in exchange... Read More

Mergers & Acquisition

DCP Midstream and DCP Midstream Partners Announce Acquisitions

May 29, 2007

o DCP Midstream Expands Operating Footprint Into New Basins With $635 Million Acquisition o DCP Midstream Partners Agrees to Acquire Certain Assets From General Partner for $165 Million DENVER, May 21 / -- DCP Midstream, LLC today announced an agreement to acquire the stock of Momentum Energy Group Inc. (MEG) for... Read More

Mergers & Acquisition

Cleveland-Based State Industrial Products Acquires Ohio Soap Products

May 29, 2007

CLEVELAND, May 17 /-- Cleveland-based State Industrial Products, which operates manufacturing and distribution centers throughout North America, has acquired Ohio Soap Products of Parma, Ohio, a Cleveland suburb. Ohio Soap is a manufacturer and distributor of institutional ware washing equipment and cleaning... Read More

Mergers & Acquisition

Directed Electronics Acquires Trilogix Electronic Systems

May 29, 2007

VISTA, Calif., May 22: Directed Electronics, Inc., (NASDAQ:DEIX) announced today that it has acquired Trilogix Electronic Systems Inc. and its affiliates. Trilogix is a leader in vehicle integration solutions simplifying the installation of aftermarket remote start systems by providing innovative, software-based... Read More

Mergers & Acquisition

Drew Industries Acquires Manufacturer of Patented Motorhome Steps

May 29, 2007

WHITE PLAINS, N.Y., May 22: Drew Industries Incorporated (NYSE:DW) today announced that its wholly-owned subsidiary Lippert Components, acquired the assets and business of Ft. Worth-based Coach Step, a manufacturer of patented electric steps for motorhomes. The purchase price was approximately $3 million, which... Read More

Mergers & Acquisition

Eisai Machinery U.S.A. Inc. Acquires Parenteral Product Line from M.W. Technologies, Inc.

May 29, 2007

HACKENSACK, N.J., May 1 // -- Eisai Machinery U.S.A. Inc., a pharmaceutical machinery marketing and maintenance subsidiary of Tokyo-based Eisai Co., Ltd., today announces the acquisition of the parenteral machinery line from M.W. Technologies, Inc. The machines offer a solution for customers to conduct manual and... Read More

Mergers & Acquisition

Newfield Exploration to Acquire Rocky Mountain Assets

May 25, 2007

Significant asset divestiture program underway HOUSTON, May 14 / -- Newfield Exploration Company (NYSE:NFX) today announced that it has signed an agreement to acquire the Rocky Mountain assets of Stone Energy for $575 million. The assets expand Newfield's existing presence in the Uinta Basin and provide an entry... Read More

Mergers & Acquisition

Oracle to Buy Product Lifecycle Management Leader Agile Software

May 25, 2007

Agile Reports Preliminary Fourth Quarter Fiscal 2007 Financial Results SAN JOSE, Calif., May 15 -- Agile Software Corporation (NASDAQ:AGIL), a leading provider of product lifecycle management solutions (PLM), today announced a definitive agreement for Oracle to acquire Agile through a cash merger for $8.10 per... Read More

Mergers & Acquisition

Cisco Receives Foreign Regulatory Approvals Required to Acquire WebEx

May 25, 2007

SAN JOSE, Calif., May 18 -- Cisco Systems, Inc. (NASDAQ:CSCO) today announced that it has received the remaining foreign regulatory approvals required under the merger agreement for it to consummate the tender offer for all outstanding shares of WebEx Communications, Inc. (NASDAQ:WEBX). The tender offer is... Read More

Mergers & Acquisition

Equifax Announces Results of Elections for Merger Consideration

May 25, 2007

ATLANTA, May 18 / -- As previously announced, Equifax Inc. (NYSE:EFX) completed its acquisition of TALX Corporation on May 15, 2007. Equifax today announced the final results of elections made by TALX shareholders regarding their preferences as to the form of merger consideration they will receive in the... Read More

Mergers & Acquisition

Oracle Buys Product Lifecycle Management Leader Agile

May 25, 2007

Enables Oracle to Deliver Best-in-Class, Integrated, Enterprise PLM REDWOOD SHORES, Calif., May 15 -- Oracle (NASDAQ:ORCL) announced today that it has agreed to acquire Agile Software Corporation (NASDAQ:AGIL), a leading provider of product lifecycle management (PLM) software solutions, through a cash merger for... Read More