Mergers & Acquisition

Mergers & Acquisition

Genco Shipping & Trading Limited Completes Acquisition of 13 Supramax Vessels

April 4, 2011

Takes Delivery of Genco Rhone NEW YORK, March 29, 2011 - Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has taken delivery of the Genco Rhone, a Supramax newbuilding. The Genco Rhone is the final vessel to be delivered to the Company under Genco's agreement previously announced on June 25... Read More

Mergers & Acquisition

DuPont Extends Danisco Tender Offer Period to Accommodate Ongoing Regulatory Reviews

April 4, 2011

Process on Track for Offer to Close in the Second Quarter WILMINGTON, Del., March 30, 2011 - DuPont (NYSE: DD) today announced that its wholly owned subsidiary DuPont Denmark Holding ApS is extending the tender offer period relating to its acquisition of Danisco A/S shares. The extension provides additional time to... Read More

Mergers & Acquisition

Classic Fire Acquisition Completed by Spartan Motors

April 4, 2011

CHARLOTTE, Mich., April 1, 2011 -- Spartan Motors, Inc. (Nasdaq:SPAR) today announced it has completed the acquisition of Classic Fire, a designer and manufacturer of fire apparatus known for performance, innovation and practicality. The acquisition was announced on March 7, 2011 with a transaction close date of... Read More

Mergers & Acquisition

Velcon Filters, LLC, a Portfolio Company of the Sterling Group, Completes Acquisition of Twin Filters B.V.

April 4, 2011

COLORADO SPRINGS, Colo., March 31, 2011 - Velcon Filters, LLC, a manufacturer of industrial filtration systems, today announced that it has acquired Twin Filters B.V. Velcon is a portfolio company of The Sterling Group and was acquired in 2009 as a platform to execute a buy-and-build strategy. With headquarters in... Read More

Mergers & Acquisition

GE Energy to Acquire Converteam, Accelerating Momentum in High-Efficiency, Fully Electric Solutions

April 1, 2011

o Adds significant product and services capabilities in power electronics, industrial automation, and process controls, capitalizing on electrification demands of customers; o Expands GE's offering in rapid growth sectors that demand high energy efficiency, such as oil and gas, thermal power generation, and... Read More

Mergers & Acquisition

Cooper Standard Acquires USi, Inc.; Expands Technology Capabilities

April 1, 2011

NOVI, Mich., March 28, 2011 - Cooper Standard Automotive Inc. today announced its acquisition of USi, Inc. from Ikuyo Co. Ltd. of Japan, effective immediately. USi, based in Rockford, Tenn., provides an exclusive hard coating process for use in automotive and industrial applications, including bright trim assemblies... Read More

Mergers & Acquisition

Smiths Detection Product Inspection Division for Food X-Ray Inspection is Acquired by Mettler-Toledo

April 1, 2011

Eagle customers to benefit from increased focus on food x-ray inspection technologies and service. 31st March 2011, Greifensee, Switzerland: Mettler-Toledo has announced that it has acquired the Smiths Detection Product Inspection division and will adopt the well-known Eagle brand of food x-ray inspection systems... Read More

Mergers & Acquisition

Cephalon Launches Recommended Takeover Bid for Australian Biopharmaceutical Company, ChemGenex Pharmaceuticals Limited

April 1, 2011

Bid values ChemGenex shares and options at approximately A$225 million (US$231 million) ChemGenex Directors unanimously recommend the bid, in the absence of a superior offer Cephalon exercises options and converts convertible notes to acquire pre-bid stake of 27.6 percent FRAZER, Pa. and MELBOURNE, Australia... Read More

Mergers & Acquisition

CryoLife Signs Definitive Agreement to Acquire Cardiogenesis

April 1, 2011

Acquisition represents significant addition to CryoLife's cardiovascular surgery portfolio All-cash transaction values Cardiogenesis at approximately $22 million and is expected to be break-even to slightly accretive to CryoLife diluted net earnings per share in 2011, excluding acquisition-related charges and... Read More

Mergers & Acquisition

Coleman Cable, Inc. and Technology Research Corporation Announce Acquisition Agreement

April 1, 2011

TRC Shareholders to Receive $7.20 Per Share In Cash In $51.5 Million Transaction Addition of TRC Power Management and Storage Business Will Broaden Coleman Product Portfolio Acquisition Will Deliver Increased Scale to Enhance Coleman's Long-Term Growth WAUKEGAN, Ill. and CLEARWATER, Fla., March 28, 2011 - Coleman... Read More

Mergers & Acquisition

International Paper Announces Strategic Entry into India, Agrees to Purchase Shares of Andhra Pradesh Paper Mills

April 1, 2011

MEMPHIS, Tenn., March 29, 2011 - International Paper (NYSE: IP) has entered into agreements with Mr. L.N. Bangur, and related family members and affiliates to purchase approximately 53.5 percent of the outstanding shares of Andhra Pradesh Paper Mills Limited (NSE: APPAPER | BSE: 502330) for approximately US$257... Read More

Mergers & Acquisition

API Technologies to Acquire Spectrum Control

March 30, 2011

ORLANDO, Fla. and FAIRVIEW, Pa., March 28, 2011 - API Technologies Corp. (OTC Bulletin Board: ATNY) ("API"), a provider of secure communications, electronic components and subsystems, and contract manufacturing services to the global defense and aerospace industries, and Spectrum Control, Inc. (Nasdaq: SPEC... Read More

Mergers & Acquisition

Kroff Materials Reprocessing, Inc. Acquires Waste Oil Assets and Client Base from 7M Pumpers

March 30, 2011

Growing Division of Kroff, Inc. Operates New Facility in Belcamp, Md. PITTSBURGH, March 24, 2011 - Kroff, Inc., one of the fastest-growing water treatment companies in the United States, has further expanded the reach of Kroff Materials Reprocessing, Inc. (KMR), a division of Kroff, with the recent acquisition of... Read More

Mergers & Acquisition

Alpine Investors Acquires Linx Technologies

March 30, 2011

Merlin, Oregon - March 22, 2011 - Alpine Investors (Alpine), a middle-market private equity firm based in San Francisco, announces that it has acquired Linx Technologies (Linx), a leading provider of cost-effective wireless modules, antennas, connectors and wireless design services. Linx enables Wireless Made... Read More

Mergers & Acquisition

Solutia Expands High-Tech Film Manufacturing Footprint to Asia

March 29, 2011

Added capacity will support growing technology and energy markets in region ST. LOUIS, March 24, 2011 - Solutia Inc. (NYSE: SOA), a market-leading performance materials and specialty chemicals company, today announced it has entered into an agreement to acquire selected assets of Aimcore Technology Co., Ltd., a... Read More

Mergers & Acquisition

KSB Acquires South Korean Valve Manufacturer

March 29, 2011

FRANKENTHAL, Germany, March 24, 2011 - 24 March 2011 saw KSB buy the South Korean valve specialist Seres Co. Ltd. The company was founded in 1982 and has a total workforce of over 130 employed at its Seoul headquarters and its production site in Busan, South Korea's second biggest city. The acquisition of Seil... Read More

Mergers & Acquisition

Franklin Electric Announces Agreement to Purchase Majority Interest in Turkish Groundwater Pumping Systems Leader Impo

March 29, 2011

BLUFFTON, Ind., March 24, 2011 - Franklin Electric Co., Inc. (Nasdaq:FELE) announced today it has reached a definitive agreement to buy eighty percent of the outstanding shares of Ýmpo Motor Pompa Sanayi ve Ticaret A.S. (Impo) of Izmir, Turkey. Impo, which has approximately $25 million in annual sales, is a leader... Read More

Mergers & Acquisition

Tiercel Technology Corp. Acquires Second Wind Air Purifier

March 29, 2011

Tiercel Technology Corp. is pleased to announce the acquisition of Second Wind Air Purifier, Company of Medina, New York. Since 1990, Second Wind Air Purifier has been the recognized leader in ultraviolet air purification equipment across residential, commercial and medical applications. Second Wind was the... Read More

Mergers & Acquisition

Portola Packaging to Acquire Closure Manufacturer Integra-Seal Industries

March 29, 2011

NAPERVILLE, Ill., March 23, 2011 - Portola Packaging, Inc. announces its pending acquisition of Integra-Seal Industries, LLC, Kingsport, Tenn., for an undisclosed amount. The sale is expected to close by the end of March. Founded in 1999, Integra-Seal is a manufacturer of low-density polyethylene tamper-evident... Read More

Mergers & Acquisition

Budge Industries Announces Acquisition

March 28, 2011

Road Wrap®, Rug Wrap(TM) and Snow Wrap(TM) Protective Film Products LANSDALE, Pa., March 23, 2011 - Budge Industries, LLC, a leading provider of protective covers and protective asset solutions, is pleased to announce the acquisition of a product line of protective films from World Class Concepts, LLC. The new... Read More