Mergers & Acquisitions

Mergers & Acquisitions

IDT Stockholders Approve Merger Proposal

San Jose, Calif., Jan. 15, 2019 /PRNewswire/ -- Integrated Device Technology, Inc. (IDT®) (NASDAQ: IDTI), a leading supplier of high-performance system-level analog/mixed-signal semiconductors, today announced that, at the Company's special meeting of stockholders held on January 15, 2019, IDT stockholders voted to adopt the Agreement and Plan of Merger, dated September 10, 2018, by...

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Mergers & Acquisitions

WESCO International, Inc. Acquires OSRAM's Sylvania Lighting Solutions

Pittsburgh, Jan. 16, 2019 /PRNewswire/ -- 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, announced today that its WESCO Services, LLC subsidiary has entered into a definitive agreement to acquire certain assets of Sylvania Lighting...

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Mergers & Acquisitions

Hawaiian Cool Water Acquires Coffee Systems Hawaii

Merger of Hawaii's largest provider of water filtration systems and Coffee Systems Hawaii triples size of company and adds new coffee and tea equipment and services Honolulu, Jan. 16, 2019 /PRNewswire/ -- Hawaiian Cool Water, LLC(HCW), Hawaii's largest provider and servicer of water filtration and purification systems, has acquired Coffee Systems Hawaii (CSH). The deal merges the...

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Mergers & Acquisitions

AGC Inc. Enters Agreement to Acquire Malgrat Pharma Chemicals

Exton, Pa., January 14, 2019 – AGC Inc., a world-leading manufacturer of glass, chemicals and high-tech materials, has entered into an agreement with Boehringer Ingelheim to acquire its subsidiary Malgrat Pharma Chemicals, S.L.U. (MPC). Located in Spain, MPC manufactures synthetic pharmaceutical active ingredients used for pharmaceutical products that are produced by chemical synthesis. By...

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Mergers & Acquisitions

Carlisle Companies Completes Purchase of Petersen Aluminum Corporation

Scottsdale, Arizona, January 11, 2019 - Carlisle Companies Incorporated (NYSE:CSL), announced today that it has completed the purchase of Petersen Aluminum Corporation for approximately $197 million in an all-cash transaction, subject to post-closing adjustments. Headquartered in Elk Grove Village, Illinois, Petersen’s primary business is the manufacture and distribution of market leading...

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Mergers & Acquisitions

Power Sonic Aquires the Assets of Energy Storage & Ups Tech Company, Makpower

Power Sonic announces their acquisition of the assets of MakPower, which designs, develops and installs energy storage and UPS solutions. Adding MakPower’s energy storage and UPS expertise and resources is an important step in Power Sonic’s vision to become a multi-national leader for battery storage solutions. “To be a leading provider of battery storage solutions, we must have key...

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Mergers & Acquisitions

Chemcoaters Becomes Parent Company of Eco Green Coatings

Chemcoaters, a leading coil coater and manufacturer of proprietary coating chemistries, now owns Eco Green Coatings. Effective immediately, Eco Green Coatings has become a wholly owned subsidiary of Chemcoaters. The announcement was made by Chemcoaters at the company’s headquarters in Gary, Indiana. Eco Green Coatings is the creator of InterReactive® coatings and the developer of the...

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Mergers & Acquisitions

Regal Beloit Corporation Closes Sale of Engineered Drives and Control Systems Business

Beloit, Wis., Jan. 8, 2019 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced the closing of the sale of its highly engineered drives and control systems business (described for purposes of the sale as "Regal Drive Technologies") to an affiliate of Sun Capital Partners, Inc., effective January 7, 2019. Information regarding the transaction and the financial impact will be...

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Mergers & Acquisitions

Creative Pultrusions, Inc. Acquires Tower Tech

Alum Bank, PA – Creative Pultrusions, Inc. (CPI) is pleased to announce its successful acquisition of Tower Tech (TT) on August 15th, 2017. TT will be a division under CPI, a subsidiary of Hill & Smith Holdings PLC. TT, a cooling tower manufacturer, was founded in 1985. Since then it has grown into an established mid-sized manufacturer that offers innovative cooling towers that are easy to...

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Mergers & Acquisitions

Creative Pultrusions, Inc. Acquires Kenway Corporation

Alum Bank, PA – Creative Pultrusions, Inc. (CPI) is pleased to announce its successful acquisition of Kenway Corporation (KW) on March 24, 2017. KW will be a division under CPI, a subsidiary of Hill & Smith Holdings PLC. KW specializes in custom composite manufacturing and field service. The company is strategically positioned to serve customers by offering complete composite engineering and...

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