Mergers & Acquisition

Mergers & Acquisition

ABB Investment Sharpens Solar Focus

March 21, 2011

Stake in Novatec Solar supports development of power generation projects with Concentrated Solar Power technology Zurich, Switzerland, March 16, 2011 - ABB, the leading power and automation technology group, has agreed to buy a 35 percent stake in Novatec Solar (formerly Novatec Biosol), an innovative Concentrated... Read More

Mergers & Acquisition

EnerSys Purchases Battery Manufacturing Assets in Greece from Ergon Batteries Ltd.

March 21, 2011

READING, Pa., March 15, 2011 - EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced that it has finalized the acquisition of certain assets from Ergon Batteries Ltd., a Greek registered company based near Athens. Ergon Batteries manufactures, assembles and... Read More

Mergers & Acquisition

Christenson Electric Acquires Tanner Creek Energy to Expand Its Energy Services Offerings

March 18, 2011

PORTLAND, Ore., March 15, 2011 - Christenson Electric, one of the Northwest's largest and most respected electrical contractors, today announced the acquisition of local energy solution provider and general contractor Tanner Creek Energy. The acquisition will enable Christenson to expand its renewable energy and... Read More

Mergers & Acquisition

CoreLogic Acquires Dorado Network Systems Corporation

March 18, 2011

Open technology platforms enable loan processing workflow and integrated mortgage finance transaction management for analytical decision making SANTA ANA, Calif., March 15, 2011 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, announced today that it completed its... Read More

Mergers & Acquisition

Longtop Signs Agreement to Acquire FNDSoft, a Leading Core Insurance Solution Provider in China

March 18, 2011

HONG KONG, March 15, 2011 - Longtop Financial Technologies Limited ("Longtop") (NYSE: LFT), a leading software developer and solutions provider targeting the financial services industry in China, today announced that the Company has entered into a definitive agreement to acquire 100% of FNDSoft, a leading provider... Read More

Mergers & Acquisition

WESCO International, Inc. Announces the Acquisition of RECO, LLC

March 18, 2011

PITTSBURGH, March 15, 2011 - WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced that it has acquired the business of RECO, LLC... Read More

Mergers & Acquisition

Ryerson Acquires Singer Steel

March 18, 2011

CHICAGO, March 14, 2011 - Ryerson Inc., a leading distributor and processor of metals in North America and China, announced today that it has acquired Singer Steel Company ("Singer"), a value-added flat rolled steel processor based in Streetsboro, Ohio. Terms of the transaction were not announced. Singer is a... Read More

Mergers & Acquisition

FirstEnergy Enters into Definitive Agreement on Sale of Fremont Energy Center

March 17, 2011

AKRON, Ohio, March 14, 2011 - FirstEnergy Corp. (NYSE: FE) today entered into a definitive agreement to sell the Fremont Energy Center in Fremont, Ohio, to American Municipal Power, Inc. (AMP). Under terms of the agreement, the facility would be purchased by AMP for approximately $485 million, based on 685... Read More

Mergers & Acquisition

ESCO Announces Acquisition of Test Solutions Provider

March 17, 2011

ST. LOUIS, March 14, 2011 - ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired EMV Elektronische Messgerate Vertriebs-G.m.b.H., together with its subsidiary EMSCREEN Electromagnetic Screening G.m.b.H. (collectively, "EMV"). EMV, with operations in Taufkirchen, Germany, provides turnkey systems... Read More

Mergers & Acquisition

Lincoln Electric Completes Severstal Welding Acquisition in Russia

March 17, 2011

CLEVELAND, March 11, 2011 - Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has completed the acquisition of OOO Severstal-metiz: welding consumables, a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal, a world leading, vertically integrated steel and... Read More

Mergers & Acquisition

Laird Technologies Acquires Klüver Aggregatebau GmbH

March 17, 2011

Purchase Expands Thermal Product Offering into Compressor-Based Systems and Enhances Market Access at Leading European Medical Equipment OEMs St. Louis, Missouri, USA - March 10, 2011 - Laird Technologies, Inc., a global leader in the design and supply of customized performance-critical components and systems for... Read More

Mergers & Acquisition

3.0 Social Learning, Video Mobile Platform Acquisition by SuccessFactors

March 17, 2011

Jambok acquisition will add mobile video creation and sharing technology to accelerate the future of corporate social learning and the smarter workplace SAN MATEO, Calif., March 14, 2011 -- SuccessFactors, Inc. (Nasdaq: SFSF) has entered into a definitive agreement to acquire Jambok (http://www.jambok.com), the... Read More

Mergers & Acquisition

Tii Network Technologies Acquires Fiber Optics Company

March 17, 2011

EDGEWOOD, N.Y., March 14, 2011 -- Tii Network Technologies, Inc. (Nasdaq: TIII), a leader in designing, manufacturing and marketing network products for the communications industry, today announced it has acquired 100% of the stock of Frederick Fiber Optics (F2O). The purchase price consists of an initial cash... Read More

Mergers & Acquisition

Hawk Measurement Announces the Purchase of Fluidic Flowmeters LLC, a Manufacturer of Specialty Flow Measurement Products for Industrial Process Control Systems.

March 17, 2011

Hawk Measurement's acquisition of Fluidic Flowmeters' flow measurement product line will allow the company to participate in the $18 billion (US) global process measurement market. Fluidic Flowmeters serves the sub segment for direct measurement of volumetric flow of liquids. It is particularly effective with hard... Read More

Mergers & Acquisition

Kirby Corporation Signs Agreement to Acquire K-Sea Transportation Partners L.P.

March 17, 2011

HOUSTON, March 13, 2011 - Kirby Corporation ("Kirby") (NYSE: KEX) announced today that it has entered into an agreement with K-Sea Transportation Partners L.P. ("K-Sea") (NYSE: KSP), an operator of tank barges and tugboats participating in the coastwise transportation primarily of refined petroleum products in the... Read More

Mergers & Acquisition

Autodesk Completes Acquisition of Blue Ridge Numerics, Inc

March 16, 2011

CFdesign Simulation Software to Strengthen Autodesk Solution for Digital Prototyping SAN RAFAEL, Calif. - Autodesk, Inc. (NASDAQ:ADSK), a leader in 3D design, engineering and entertainment software, announced that it has completed the acquisition of Blue Ridge Numerics, Inc., a leading simulation software provider... Read More

Mergers & Acquisition

Metals USA Holdings Corp. Acquires The Richardson Trident Company

March 16, 2011

FORT LAUDERDALE, Fla., March 11, 2011 - Metals USA Holdings Corp. ("Metals USA") (NYSE: MUSA), a leading provider of processed carbon steel, stainless steel, aluminum and other metals, today announced that it has closed the acquisition of The Richardson Trident Company ("Trident"). The acquisition of Trident... Read More

Mergers & Acquisition

Bretting Acquires S&S

March 16, 2011

C. G. Bretting Manufacturing Co., Inc. (Bretting) of Ashland, WI recently announced the acquisition of the assets of S&S Specialty Systems, Inc. (S&S) of Iron River, WI. The new entity, S&S Specialty Systems, LLC, is a wholly owned subsidiary of Bretting. Current employees of S&S will work for the new LLC. S&S... Read More

Mergers & Acquisition

Husky to Acquire Leading Closure Mold Maker KTW

March 15, 2011

BOLTON, Ontario Husky Injection Molding Systems today announced its intention to acquire KTW of Waidhofen, Austria, recognized as a global leader in closure mold making. The sale is expected to close in May 2011. This announcement represents the next logical step in the relationship that has developed between the... Read More

Mergers & Acquisition

TransDigm Group Completes Fastener Divestiture

March 14, 2011

CLEVELAND, March 9, 2011 - TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has completed the divestiture of its fastener businesses to Alcoa Inc. (NYSE: AA) for approximately $240 million. These businesses... Read More