Mergers & Acquisition

Mergers & Acquisition

Timken to Acquire Drives LLC, Further Expanding Power Transmission Line

September 6, 2011

Maker of highly engineered drive chains and precision augers for diverse industrial applications expands Timken portfolio CANTON, Ohio, Aug. 31, 2011 - The Timken Company (NYSE: TKR) today announced it has agreed to acquire privately held Drives LLC for $92 million in cash. Based in Fulton, Ill., Drives is a... Read More

Mergers & Acquisition

Cameron to Acquire LeTourneau Technologies Drilling Systems and Offshore Products

September 6, 2011

HOUSTON, Aug. 31, 2011 - Cameron (NYSE: CAM) has agreed to acquire LeTourneau Technologies Drillings Systems and Offshore Products divisions from Joy Global Inc. (NASDAQ: JOYG) for approximately $375 million in cash. The boards of Cameron and Joy Global Inc. have unanimously approved the transaction, which is... Read More

Mergers & Acquisition

Tanis, Inc. Acquires Regal Manufacturing Company

August 30, 2011

Delafield, WI - Tanis, Incorporated has acquired Regal Manufacturing Company of Fond du Lac, WI. The two brush manufacturers have enjoyed more than two decades of collaboration, and Regal's former owner Greg Fuhrman will continue to be involved in the company going forward. Tanis, Inc. is an innovative manufacturer... Read More

Mergers & Acquisition

EnPro Industries Acquires Tara Technologies

August 26, 2011

EnPro Industries Acquires Tara Technologies, Creates Business Unit Dedicated to High Performance Products CHARLOTTE, N.C., August 1, 2011 -- EnPro Industries Inc. (NYSE: NPO), a leading manufacturer of engineered industrial products, today announced it has acquired Tara Technologies Corporation, a privately-held... Read More

Mergers & Acquisition

Regal Beloit Closes EPC Acquisition

August 24, 2011

August 22, 2011 (Beloit, WI): Regal Beloit Corporation (NYSE: RBC) today announced the closing of the acquisition of the Electrical Products Company (EPC) from A.O. Smith Corporation (NYSE:AOS). The China portion of the EPC acquisition was closed into escrow pending customary administrative approvals in China which... Read More

Mergers & Acquisition

Unifrax Announces Acquisition

August 23, 2011

Niagara Falls, NY, August 19, 2011 - Unifrax I LLC ("Unifrax"), the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that through its Hong Kong subsidiary, Unifrax Asia-Pacific Holding Ltd, it had acquired the catalytic converter emission control mat business of Zhejiang... Read More

Mergers & Acquisition

Regal Beloit Receives Approval for EPC Acquisition

August 19, 2011

August 17, 2011 (Beloit, WI): Regal Beloit Corporation (NYSE: RBC) today announced that it has entered into an agreement with the U.S. Department of Justice which clears the way for the proposed acquisition of A. O. Smith's Electrical Products Company ("EPC"). Subject to receipt of final court approval, RBC... Read More

Mergers & Acquisition

Spectris to Acquire Omega Engineering, Expanding Process Measurement and Control Instrumentation Offering Globally

August 18, 2011

EGHAM, England - August 16, 2011 - Spectris plc, the productivity-enhancing instrumentation and controls company, announces that it has signed an agreement to acquire the Omega Engineering business. Omega is a leading supplier of process measurement and control instrumentation across a broad range of categories... Read More