Mergers & Acquisition

Mergers & Acquisition

Sapa Acquires Alufit Extrusions in India

November 30, 2011

On 4 March 2011, Sapa Profiles India Pvt Ltd entered into an agreement with Alufit (India) Pvt Ltd, whereby Sapa will buy the assets of Alufit related to its aluminium extrusion business operated out of its plant in Kuppam, close to Bangalore in southern India. The transaction is subject to various regulatory... Read More

Mergers & Acquisition

FMC Corporation Acquires Adventus Intellectual Property Inc.

November 28, 2011

Strengthens FMC's portfolio of environmental remediation technologies PHILADELPHIA, Nov. 21, 2011 - FMC Corporation (NYSE: FMC) announced today the company has acquired the assets of Adventus Intellectual Property from Covington Capital Corporation and VentureLink Innovation Fund Inc. Adventus has a portfolio of... Read More

Mergers & Acquisition

Sapa Acquires Extrusion Plant in China

November 23, 2011

Today, Sapa signed an agreement with Jiangyin (Haihong) Non-Ferrous Materials Co., Ltd. ("Haihong"), to acquire the assets and the business of its aluminum profiles facility in Jiangyin, located 150 km North-East of Shanghai. The facility comprises 15 presses with a total capacity of 60.000 tonnes and is one of... Read More

Mergers & Acquisition

ASG Medical Systems and Technical Innovations Have Merged to Create Syneo

November 22, 2011

ASG Medical Systems and Technical Innovations have merged to create Syneo West Palm Beach, FL - November 16, 2011 - ASG Medical Systems, the leader in catheter and guidewire manufacturing automation and Technical Innovations, the leader in catheter hole drilling, hole punching and skiving technology, have merged... Read More

Mergers & Acquisition

Novelis to Purchase Outstanding Minority Interest in Subsidiary Novelis Korea Limited for $350 Million

November 21, 2011

ATLANTA, Nov. 17, 2011 - Novelis Inc. announced today that it has reached an agreement with Taihan Electric Wire Co. Ltd. (TEC) and other minority shareholders of its subsidiary, Novelis Korea Limited, to purchase 31.2 percent of the outstanding shares in the Korean corporation for approximately $350 million in an... Read More

Mergers & Acquisition

Latest Acquisition by Elgin Fastener Group

November 21, 2011

Versailles, IN - Elgin Fastener Group, LLC (EFG) announced the acquisition of the cold heading segment of Landreth Fastener Corp. (Landreth) of Houston, Texas. Established in 1962, Landreth advanced from owning a single piece of cold heading equipment to become a 35,000 square foot manufacturing facility with 27... Read More

Mergers & Acquisition

Michelman Acquires European-Based Licomer® Floor Polish Additive Business from Clariant

November 15, 2011

CINCINNATI, OH (November 11, 2011) - Michelman has acquired Clariant's European based Licomer® business. The purchase includes the Licomer line of floor polish additives, associated intellectual property, equipment and assets. Michelman will integrate all related customer support and technical service into its... Read More

Mergers & Acquisition

WEG to acquire Electric Machinery unit of GE's Converteam business

November 9, 2011

WEG to acquire Electric Machinery unit of GE's Converteam business Jaraguá do Sul, November 03, 2011 - WEG S.A. (Bovespa: WEGE3 / OTC: WEGZY) announced today that it has signed an agreement with GE Energy to acquire the Electric Machinery unit of Converteam. The acquisition is expected to close before the end of... Read More

Mergers & Acquisition

LumaSense Technologies Acquires Thermal-Imaging and Services Assets of La.-based Reliability Point

November 8, 2011

Acquisition allows LumaSense to enhance aftermarket services and support for Gulf Coast industrial customers SANTA CLARA, Calif., Nov. 2, 2011 - LumaSense Technologies has acquired the thermal imaging and services assets of Louisiana-based Reliability Point, which provides an array of equipment and related services... Read More

Mergers & Acquisition

Unifrax Announces Completion of Acquisition

November 7, 2011

Niagara Falls, NY, November 1, 2011 - Unifrax I LLC ("Unifrax"), the Niagara Falls, N.Y. based manufacturer of ceramic fiber insulation products, announced today that its U.K. subsidiary, Unifrax Limited, has completed the previously announced acquisition of Saffil 2011 Limited and Saffil America, Inc. (together... Read More

Mergers & Acquisition

GenNx360 Capital Partners and Trimaster Manufacturing Announce Their Purchase of Hoppe Technologies

November 4, 2011

GenNx360 Capital Partners and Trimaster Manufacturing Announce Their Purchase of Hoppe Technologies GenNx360 Capital Partners, L.P., in conjunction with its portfolio company Trimaster Manufacturing Inc., a manufacturer of precision machined components and complex subassemblies, announced today its purchase of 100... Read More

Mergers & Acquisition

Unifrax Announces Completion of Acquisition

November 2, 2011

Niagara Falls, NY, November 1, 2011 - Unifrax I LLC ("Unifrax"), the Niagara Falls, N.Y. based manufacturer of ceramic fiber insulation products, announced today that its U.K. subsidiary, Unifrax Limited, has completed the previously announced acquisition of Saffil 2011 Limited and Saffil America, Inc. (together... Read More

Mergers & Acquisition

FMC Corporation Signs Agreement to Acquire Natural Color and Health Ingredients Innovator South Pole Biogroup

October 31, 2011

PHILADELPHIA, Oct. 26, 2011 - FMC Corporation (NYSE:FMC) announced today that it has entered into a definitive agreement to acquire South Pole Biogroup Ltda., a Chilean-based natural color and specialty nutrition ingredients manufacturer. The acquisition further expands FMC's portfolio of naturally sourced... Read More

Mergers & Acquisition

Cameron Completes LeTourneau Technologies Acquisition

October 28, 2011

HOUSTON, Oct. 24, 2011 - Cameron (NYSE: CAM) today announced it has closed on its purchase of LeTourneau Technologies Drillings Systems and Offshore Products divisions from Joy Global Inc. (NASDAQ: JOYG) for approximately $375 million in cash. Cameron Chairman and Chief Executive Officer Jack B. Moore said, "We are... Read More

Mergers & Acquisition

Rice Lake Weighing Systems Purchases NORAC Division

October 28, 2011

Rice Lake, WI, October 24th, 2011: In a continuing effort to grow market share in their core markets, Rice Lake Weighing Systems announces their purchase of the weighing division of NORAC Systems International, Inc., a Canadian-based manufacturer of weighing equipment for the agricultural industry. With this... Read More

Mergers & Acquisition

Econolite Group Companies Aegis ITS and Team Econolite to Merge

October 20, 2011

Consolidation of division resources designed to better serve customers Anaheim, Calif., October 12, 2011 - Aegis ITS, an Econolite Group, Inc. company, today announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division - Aegis ITS. The consolidation of Team Econolite into... Read More

Mergers & Acquisition

Electro-Sensors, Inc. Announces Sale of the AutoData System Division

October 19, 2011

MINNETONKA, Minn., Oct. 12, 2011 - Electro-Sensors, Inc. (Nasdaq: ELSE) (the "Company") announced today that the Company has sold its AutoData Systems Division to Auto Data Inc., a new corporation owned by a group of investors who intend to add personnel and resources in order to further grow the business... Read More

Mergers & Acquisition

M. Jacob & Sons Completes Acquisition of Packaging Consultants Group

October 18, 2011

October 17, 2011 - Livonia, Mich. - M. Jacob & Sons (MJS), an industry leading provider of rigid packaging, is pleased to announce the recent acquisition of Packaging Consultants Group (PCG) in Brewster, New York. The acquisition brings together two established and respected names in the packaging industry. MJS will... Read More

Mergers & Acquisition

FMC Corporation Completes Acquisition of RheinPerChemie European Persulfates Business

October 17, 2011

PHILADELPHIA, Oct. 6, 2011 - FMC Corporation (NYSE: FMC) announced today the company has completed its acquisition of the European persulfates business of RheinPerChemie GmbH from Unionchimica SpA. The acquisition strengthens FMC Peroxygens' global reach and immediately broadens the company's product portfolio for... Read More

Mergers & Acquisition

Aerzen Begins Turbo Production in Korea

October 14, 2011

AERZEN TURBO ACQUIRES KTURBO MANUFACTURING FACILITY Coatesville, Pennsylvania, October, 2011- Aerzen Turbo (Korea), has begun producing the core components of the Aerzen Turbo Blower. Aerzen Turbo acquired the production facility, machinery and hired specialized staff from KTurbo, while KTurbo is moving to a... Read More