Mergers & Acquisitions

Mergers & Acquisitions

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...

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Mergers & Acquisitions

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...

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Mergers & Acquisitions

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...

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Mergers & Acquisitions

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....

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Mergers & Acquisitions

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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Mergers & Acquisitions

Cree Acquires APEI (Arkansas Power Electronics International, Inc)

Accelerating Disruption of Silicon-carbide (SiC) Power Modules Market DURHAM, N.C. – Cree, Inc. (Nasdaq: CREE), a market leader in silicon-carbide (SiC) power and RF products, today announced the acquisition of APEI, a global leader in power modules and power electronics applications. Combining two highly complementary innovators, the acquisition enables Cree’s Power and RF business to extend...

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Mergers & Acquisitions

De Nora Successfully Completes the Acquisition of Severn Trent Water Purification Technologies Business

Milan –Â- De Nora announces the completion of the acquisition of the Water Purification group of Severn Trent Services. The new business line, called De Nora Water Technologies, will be focused on delivering sustainable and innovative water and wastewater technologies for municipal, marine and energy related water treatment applications. De Nora Water Technologies, together with Ozono...

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Mergers & Acquisitions

Pervasip to Merge with Plaid Canary Corporation

WHITE PLAINS, N.Y. –Â- Pervasip Corp. (USOTC: PVSP) ( Pervasip" or the "Company") announced today its execution of an agreement to merge with and into the Company's wholly-owned subsidiary, Plaid Canary Corporation ("Canary"), a special purpose consolidation company focused on acquiring, developing and supporting companies and technologies in emerging agricultural markets. The merger...

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Mergers & Acquisitions

Sager Electronics Completes Acquisition of Norvell Electronics, Inc

MIDDLEBOROUGH, Mass. –Â- Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components, today announced that it has completed the acquisition of Norvell Electronics, Inc., a North American power products distributor with extensive design and value add capabilities, headquartered in Carrollton, Texas. Sager Electronics President Frank Flynn...

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