OKI Acquires Wide Format Printer Business from SII
Move strengthens position in professional printer market TOKYO –Â- OKI Data Corporation, an OKI Group company specializing in the printer business, today announced that, OKI Data Corporation and Seiko Instruments Inc. (“SII” hereinafter) signed an agreement on July 8, 2015, whereby OKI Data Corporation will acquire the globally-deployed wide format printer business of Seiko I Infotech...
Read More »HORIBA, World Leader in Automotive Excellence, Acquires MIRA in Historic Sale
NUNEATON, England Â- - Midlands-based MIRA becomes a member of HORIBA HORIBA - a world-leader in automotive test systems - is expanding its operation through the purchase of the global advanced vehicle engineering, research and product testing business operated by MIRA. The investment, which was completed today (July 14 2015), will see HORIBA expand its current portfolio, with a move into...
Read More »Hill-Rom's Proposed Acquisition of Welch Allyn Receives Antitrust Clearance
CHICAGO –Â- Hill-Rom Holdings, Inc. (NYSE: HRC) ( Hill-Rom") today announced that the U.S. Federal Trade Commission has granted early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act"), as amended, in connection with Hill-Rom's planned acquisition of Welch Allyn Holdings, Inc. ("Welch Allyn"). As previously announced on...
Read More »Quench USA, Inc. Acquires Region-X, LLC
KING OF PRUSSIA, Pa. –Â- Quench, a leading provider of high-quality filtered water and products enabled by it, announced that it has acquired Region-X, LLC. Based in Taunton, MA, Region-X provides services related to high purity water systems, such as regeneration of resin used in deionization and membrane cleaning for reverse osmosis (RO) systems. The acquisition of Region-X is a terrific...
Read More »BorgWarner Enters Into Agreement to Acquire Remy International
Combination enables new and innovative ways to approach engine and drivetrain efficiency AUBURN HILLS, Mich. – BorgWarner announced today that it has entered into a definitive agreement to acquire Remy International, Inc. (Remy), a global market leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, Remy is...
Read More »Remy Signs Definitive Agreement to Be Acquired by BorgWarner
Combination enables new and innovative ways to approach engine and drivetrain efficiency PENDLETON, Ind. –Â- Remy International, Inc. (NASDAQ: REMY) today announced it has signed a definitive agreement to be acquired by BorgWarner Inc. (NYSE: BWA), a product leader in highly engineered components and systems for powertrains around the world. Commenting on the transaction, Remy Chairman...
Read More »Edwards Lifesciences Enters Into Agreement to Acquire CardiAQ
IRVINE, Calif. – Edwards Lifesciences Corporation (NYSE: EW), the global leader in the science of heart valves and hemodynamic monitoring, today announced that it has agreed to acquire CardiAQ Valve Technologies, Inc., a privately held company and developer of a transcatheter mitral valve replacement system. Edwards' primary strategy is to create valuable therapies that transform patient...
Read More »Acquisition of Delta Industrial Valves: Weir Minerals Expands Valve Offering
The Weir Group PLC ( Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last...
Read More »MTS Systems Purchases Instrument and Calibration Sweden AB
EDEN PRAIRIE, Minn. –Â- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors, today announced that it has acquired Instrument and Calibration Sweden AB (ICS), a supplier of testing equipment and calibration services located in Sweden. MTS purchased ICS for approximately $0.7 million, representing an EBITDA multiple of 6-7x....
Read More »Ryan Herco Flow Solutions Announces the Acquisition of the Panner Company
BURBANK, Calif. –Â- Ryan Herco Flow Solutions, the leading specialty distributor of flow solutions for mission critical fluids, announced today that it has completed the acquisition of The Panner Company headquartered in Frankfort, Illinois. Chuck Moyer, Chief Executive Officer of Ryan Herco, stated, I am extremely excited about this addition to the Ryan Herco family and specifically our...
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