Mergers & Acquisition

Mergers & Acquisition

L-3 Communications Agrees to Acquire Nova Engineering

January 15, 2007

NEW YORK--Aug. 14, 2006--L-3 Communications announced today that it has agreed to acquire Nova Engineering (Nova) for $45 million in cash, plus an additional purchase price not to exceed $10 million that is contingent upon Nova's future financial performance. The business is expected to generate annual sales of... Read More

Mergers & Acquisition

L-3 Communications Acquires Nautronix Defence Group; Leader in Marine Mine Warfare and Anti-Submarine Warfare Systems and Products

January 15, 2007

NEW YORK--June 15, 2006--L-3 Communications (NYSE: LLL) announced today that on June 1, 2006 it completed the acquisition of Nautronix Defence Group, a leader in mine warfare and anti-submarine warfare (ASW) systems and products, from Nautronix Holdings, PLC, headquartered in Aberdeen, Scotland, for $65 million in... Read More

Mergers & Acquisition

CSC Acquires U.S. Federal Services Provider Datatrac

January 12, 2007

EL SEGUNDO, Calif., Dec. 7 - Computer Sciences Corporation (NYSE: CSC) today announced that it has agreed to acquire Datatrac Information Services, Inc., a privately held U.S. government services and solutions provider headquartered in Richardson, Texas. CSC expects the transaction to be accretive to earnings in the... Read More

Mergers & Acquisition

Motorola Completes Acquisition of Symbol Technologies

January 11, 2007

Transaction Positions Motorola as a Global Leader in Enterprise Mobility Enhances Motorola's Technology Leadership and Advances the Company's Vision of Seamless Mobility SCHAUMBURG, Ill., Jan 09, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Motorola, Inc. (NYSE: MOT) announced today that it has... Read More

Mergers & Acquisition

LG Group, Inc. Has Purchased 100% of the Stock in Crowley Chemical, Inc.

January 11, 2007

Effective January 5, 2007, LG Group, Inc. has purchased 100% of the stock in Crowley Chemical, Inc. and Crowley Tar Products, Inc. for an undisclosed price. Bill Callanan, President of IG Group, will become CEO of both companies. Bill Jennings, the previous majority owner, will remain with the companies in his... Read More

Mergers & Acquisition

Ohmite Acquires 2 Vishay Businesses

January 11, 2007

Rolling Meadows, Illinois - January, 2007 - Ohmite Manufacturing Company announced today that they have acquired both the Ultronix Precision Wirewound Resistor and Angstrohm Rheostat Businesses of Vishay Intertechnology, Inc. Ultronix is a Pennsylvania-based manufacturer of precision wirewound resistors. Angstrohm... Read More

Mergers & Acquisition

Universal Trailer, the Nation's Largest Specialty Trailer Company, Completes Merger with Featherlite, Inc.

January 10, 2007

CINCINNATI--Universal Trailer Holdings Corp. (UTC) has announced that one of its subsidiaries has completed its merger with Featherlite, Inc. (Nasdaq:FTHR), and Featherlite has become a wholly-owned subsidiary of UTC. With the closing, Featherlite, a major American aluminum trailer manufacturer with a network of... Read More

Mergers & Acquisition

All-Flo Pump Company Acquires Graphic Systems International

January 10, 2007

All-Flo Pump Company Inc., based in Mentor, Ohio, manufacturer of air-operated double diaphragm pumps, is pleased to announce the acquisition of Graphic Systems International. Inkblender automated ink dispensing systems will now benefit from All-Flo's 25 years of design, manufacturing, and engineering experience in... Read More

Mergers & Acquisition

GE's Rail Services Unit Announces Acquisition of Allrail Services

January 9, 2007

CHICAGO--(BUSINESS WIRE)--GE announced it is entering into an agreement to purchase the assets of privately held Allrail Services. Allrail provides railcar maintenance services through mobile repair units (MRU) and mini-repair shops to customers. The terms of the transaction were not disclosed. Closing is... Read More

Mergers & Acquisition

GE Industrial to Acquire Microwave Data Systems

January 9, 2007

Acquisition opens growth opportunities in $1.3 billion global industrial wireless market segment LOUISVILLE, Ky. and SANTA BARBARA, Ca. - January 5, 2007 - GE Industrial, a unit of General Electric (NYSE:GE), and Moseley Associates have announced the signing of an agreement for GE to acquire the assets of... Read More

Mergers & Acquisition

Wabtec Acquires Schaefer Equipment, Inc., the Leading Manufacturer of Forged Brake Rigging Components

January 8, 2007

WILMERDING, Pa., October 9, 2006 -- Wabtec Corporation (NYSE: WAB) today announced that it has acquired Schaefer Equipment, Inc., the leading manufacturer of forged brake rigging components for freight cars, for $36 million in cash. Based in Warren, Ohio, Schaefer Equipment has annual sales of about $30 million... Read More

Mergers & Acquisition

Ellison Technologies Acquires Ohio-Based Jackson Machinery Company

January 8, 2007

Customers to Benefit from Combined Companies; Provides Ellison with a Toehold in Major US Industrial Centers Cleveland, Ohio, January 3, 2007 - Ellison Technologies, Inc., a leading provider of engineered systems and industrial equipment to American metal-working and metal-cutting manufacturers, has acquired... Read More

Mergers & Acquisition

L-3 Communications Completes the Acquisition of TRL Electronics; A UK Leader in Secure Radio and Satellite Communications for Defense and Homeland Security Applications

January 5, 2007

NEW YORK--July 18, 2006--L-3 Communications (NYSE: LLL) announced today that it has completed the acquisition of TRL Electronics plc (TRL) (LSE: TRL.L) for a total cash consideration of GBP 95.9 million (approximately US $176.2 million). L-3 UK has submitted a request to AIM (the Alternative Investment Market of... Read More

Mergers & Acquisition

CoorsTek Acquires Gaiser Tool Company

January 4, 2007

CoorsTek expands micro-component capabilities and Asian presence with purchase of high-quality semiconductor bonding tool manufacturer. Ventura, California, January 3, 2007 - CoorsTek, Inc., a large technical ceramics supplier and manufacturer of critical components for high-technology markets, today officially... Read More

Mergers & Acquisition

Cooper Industries Announces the Acquisition of WPI Interconnect Products

January 4, 2007

Manufacturer of custom industrial, commercial and military connectors and cable assemblies HOUSTON, Jan. 3, 2007 -- Cooper Industries, Ltd. (NYSE:CBE) today announced the acquisition of WPI Interconnect Products, a Salem, New Jersey-based, privately owned manufacturer of custom connectors and cable assemblies for... Read More

Mergers & Acquisition

Wabtec Completes Acquisition of Becorit GmbH, A Leading European Rail Equipment Manufacturer

January 4, 2007

WILMERDING, Pa., December 4, 2006 -- Wabtec Corporation (NYSE: WAB) has completed the acquisition of Becorit GmbH, a leading manufacturer of technology-based friction products for the European railway industry, for $52.2 million in cash. Last week, Wabtec announced that it had signed a definitive agreement to... Read More

Mergers & Acquisition

Wabtec Signs Definitive Agreement to Acquire Becorit GmbH, A Leading European Rail Equipment Manufacturer

January 3, 2007

WILMERDING, Pa., November 28, 2006 -- Wabtec Corporation (NYSE: WAB) has signed a definitive agreement to acquire Becorit GmbH, a leading manufacturer of technology-based friction products for the European railway industry, for approximately $50 million in cash. Based in Germany, Becorit has annual sales of... Read More

Mergers & Acquisition

Motorola to Acquire Tut Systems, Inc., Expand Portfolio of Next-Generation IPTV Video Processing and Distribution Capabilities

January 2, 2007

SCHAUMBURG, Ill. and LAKE OSWEGO, Ore., Dec. 21 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) and Tut Systems, Inc. (Nasdaq: TUTS) today announced that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Tut Systems common stock for... Read More

Mergers & Acquisition

Thermo Electron Acquires ASYS to Enhance Bulk Materials Analysis Capabilities

January 2, 2007

San Diego, CA - September 26, 2006 - Thermo Electron Corporation, an industry leading producer of analytical and process instrumentation, today announced it has acquired the business and assets of Analyser Systems (ASYS), with operations in Escondido, California. ASYS is a manufacturer of a state-of-the-art, online... Read More

Mergers & Acquisition

Arcelor Mittal Acquires Sicartsa, The Leading Mexican Long Steel Producer

January 2, 2007

· Acquisition of a 100% stake in Sicartsa, an integrated long steel mill in Mexico and Border Steel, a mini-mill in Texas, from Grupo Villacero. · Commercial 50/50 joint-venture with Grupo Villacero in Mexico and Southern US · Combination of Sicartsa with Mittal Steel Lázaro Cárdenas leads to the creation of... Read More