Mergers & Acquisition

Mergers & Acquisition

Commercial Vehicle Group Announces Acquisition of Bostrom Seating

February 3, 2011

NEW ALBANY, Ohio, Jan. 31, 2011 - Commercial Vehicle Group, Inc. (Nasdaq: CVGI) announced today that it has acquired substantially all of the assets of Bostrom Seating, Inc. ("Bostrom"), a seat supplier to the North American heavy truck, aftermarket, bus and specialty vehicle markets. Bostrom, a division of... Read More

Mergers & Acquisition

Blackstone Completes Acquisition of Polymer Group, Inc

February 3, 2011

CHARLOTTE, N.C., Jan. 28, 2011 - Scorpio Acquisition Corporation, an affiliate of Blackstone Capital Partners V L.P. (NYSE: BX) ("Blackstone"), has completed its previously announced acquisition of Polymer Group, Inc. ("PGI"). The transaction helps continue to position PGI as a leader in the nonwovens... Read More

Mergers & Acquisition

Industrial Controls Announces Merger with United Control Company in Richmond, VA

February 3, 2011

Wanamassa, NJ - February 1, 2011 - Industrial Controls Distributors LLC, the leading distributor of HVAC controls, process instrumentation and valves in North America, is pleased to announce its merger with United Control Company headquartered in Richmond, VA. United Control will integrate operations with... Read More

Mergers & Acquisition

Cytec Announces Agreement to Sell Building Block Chemicals Business

February 3, 2011

WOODLAND PARK, N.J., January 31, 2011 - Cytec Industries Inc. (NYSE:CYT-News) announced today it has reached a definitive agreement to sell its Building Block Chemicals business, with 2010 sales of $600 million, to an affiliate of HIG Capital, LLC. Total consideration to be received of $180 million includes cash... Read More

Mergers & Acquisition

Alcoa to Acquire TransDigm's Aerospace Fastener Business

February 3, 2011

NEW YORK - Alcoa (NYSE:AA) announced today it has agreed to purchase the aerospace fastener business of TransDigm Group Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The new business will become part of Alcoa Fastening Systems. The transaction is valued at... Read More

Mergers & Acquisition

Raytheon Company Completes Acquisition of Applied Signal Technology, Inc.

February 3, 2011

WALTHAM, Mass., Jan. 31, 2011 - Raytheon Company (NYSE: RTN) today announced the completion of its tender offer, through its wholly owned subsidiary RN Acquisition Company, for all outstanding shares of Applied Signal Technology, Inc. (Nasdaq: APSG). The tender offer expired at 12:00 midnight, Eastern Time, on... Read More

Mergers & Acquisition

TransDigm Group Divests Fastener Business

February 3, 2011

CLEVELAND, Jan. 31, 2011 - TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has entered into a definitive agreement to sell its fastener businesses to Alcoa, Inc. (NYSE: AA) for approximately $240 million. The... Read More

Mergers & Acquisition

ON Semiconductor Signs Definitive Agreement to Acquire CMOS Image Sensor Business Unit from Cypress

February 1, 2011

Acquisition will position ON Semiconductor as a leading supplier of ultra-high-speed CMOS image sensors and a Top 10 worldwide image sensor supplier Sale will sharpen Cypress's focus on programmable solutions PHOENIX, Ariz. and SAN JOSE, Calif. - Jan. 27, 2011 - ON Semiconductor (Nasdaq: ONNN), a premier supplier... Read More

Mergers & Acquisition

Cargill Completes Acquisition of Majority Stake in Sorini

February 1, 2011

JAKARTA, Indonesia, Jan. 28, 2011 - Cargill today completed its acquisition of a majority stake in PT Sorini Agro Asia Corporindo Tbk ("Sorini"), first announced on 15 December 2010. Cargill now owns 85.01% of Sorini's ordinary shares. With the completion of this transaction, Sorini becomes a subsidiary of Cargill... Read More

Mergers & Acquisition

ABB Completes Acquisition of Baldor Electric Company

February 1, 2011

Zurich, Switzerland, January 27, 2011 - ABB Ltd (NYSE: ABB), the leading power and automation technology group today announced that is has completed its acquisition of Baldor Electric Company (NYSE: BEZ), a North American leader in industrial motors. The transaction, which was originally announced on November 30... Read More

Mergers & Acquisition

Verizon to Acquire Terremark, Boosting Cloud Strategy through Powerful Unified Enterprise IT Delivery Platform

February 1, 2011

Acquisition Will Accelerate 'Everything as-a-Service' Strategy by Leveraging the Companies' Collective Strengths Wholly Owned Subsidiary to Retain Terremark Name, Extend Leadership in Rapidly Evolving Global Cloud Services Market NEW YORK and MIAMI, Jan. 27, 2011 - In a move that will decisively reshape the... Read More

Mergers & Acquisition

Optelecom-NKF, Inc. Announces Completion of Acquisition by TKH Group N.V.

February 1, 2011

GERMANTOWN, Md., Jan. 28, 2011 - Optelecom-NKF, Inc. (Nasdaq: OPTC, "Optelecom-NKF") announces the completion of its acquisition by TKH Group N.V. (NYSE Euronext Amsterdam, AMS: TWEKA, "TKH") on January 27, 2011. Pursuant to the merger agreement by and among Optelecom-NKF, TKH and a subsidiary of TKH... Read More

Mergers & Acquisition

Lubrizol Acquires Nalco Personal Care Business

February 1, 2011

Strengthens Noveon® Consumer Specialties Product Portfolio with Industry Leading Brands CLEVELAND, January 26, 2011 - The Lubrizol Corporation (NYSE:LZ) announces today that it has acquired Nalco Performance Products Group, a supplier of value-added specialty polymers and formulation additives marketed to the... Read More

Mergers & Acquisition

Allied Vision Technologies Acquires VDS Vosskühler

February 1, 2011

The acquisition strengthens AVT's position as a globally leading producer of industrial cameras. Stadtroda/ Osnabr├╝ck, Germany, January 26, 2011 - Allied Vision Technologies, market leader for digital industrial cameras with Gigabit Ethernet and FireWire interfaces, has acquired 100% of the shares of the camera... Read More

Mergers & Acquisition

Nalco Sells Its Performance Products Group to Lubrizol

February 1, 2011

NAPERVILLE, Ill., Jan. 26, 2011 - Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today it has sold its Performance Products Group (PPG) to The Lubrizol Corporation for $166 million. "Our personal care business is more product oriented than service oriented and not a strategic... Read More

Mergers & Acquisition

Astaro Acquires CoSoSys and InspektOnline to Further Strengthen Its Market Position

February 1, 2011

o CoSoSys is a Romania based company which offers mobile data protection solutions for both PC and Mac o InspektOnline is a Denmark based company which drastically simplifies log management with its hosted service New Delhi, 28th January 2011 - Astaro, Europe's leading Unified Threat Managementcompany, today... Read More

Mergers & Acquisition

Optelecom-NKF, Inc. Stockholders Approve Merger Agreement with TKH Group N.V.

February 1, 2011

GERMANTOWN, Md., Jan. 26, 2011 - Optelecom-NKF, Inc. (Nasdaq: OPTC, "Optelecom-NKF") today announced that at a special meeting of stockholders held yesterday its stockholders approved the proposal to adopt the definitive merger agreement by and among Optelecom-NKF, TKH Group N.V. (NYSE Euronext Amsterdam, AMS... Read More

Mergers & Acquisition

ABB's Pending Acquisition of Baldor Electric Receives U.S. Antitrust Clearance; All Regulatory Conditions to Closing Now Satisfied

February 1, 2011

Zurich, Switzerland and Fort Smith, Arkansas, USA, January 20, 2011 - ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Baldor Electric Company (NYSE: BEZ), a North American leader in industrial motors, announced today that the Antitrust Division of the United States Department of Justice... Read More

Mergers & Acquisition

Honeywell to Sell Its Consumer Products Group Business to Rank Group Limited for $950 Million

February 1, 2011

o Divestiture Consistent With Honeywell's Focus On High Growth, Global Technologies o Transaction Expected To Close Third Quarter 2011; No Impact To 2011 EPS Guidance o Sale Proceeds And Anticipated Gain Expected To Be Reinvested To Offset Ongoing Dilution MORRIS TOWNSHIP, N.J., Jan. 28, 2011 - Honeywell (NYSE... Read More

Mergers & Acquisition

Johnson & Johnson Receives Approval from European Commission

February 1, 2011

NEW BRUNSWICK, N.J. and LEIDEN, Netherlands, Jan. 28, 2011 - Johnson & Johnson and Crucell today announced that the European Commission has granted approval for Johnson & Johnson's proposed acquisition of Crucell. Reference is made to the joint press release of Johnson & Johnson (NYSE: JNJ) and Crucell N.V. (NYSE... Read More