Mergers & Acquisitions

Mergers & Acquisitions

MTS Systems Purchases Instrument and Calibration Sweden AB

EDEN PRAIRIE, Minn. –- 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. The...

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Mergers & Acquisitions

Ryan Herco Flow Solutions Announces the Acquisition of the Panner Company

BURBANK, Calif. –- 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

Cross Country Pipeline Supply Acquires Sideline Specialty Equipment

Expands Company's Presence Into Canadian Market AURORA, Colo. –- Cross Country Pipeline Supply Co., Inc. ( Cross Country ), a leading equipment and supplies provider to the domestic oil and gas pipeline construction industry, announced today that it has acquired Sideline Specialty Equipment ( Sideline ). Through the acquisition of Sideline, Cross Country has entered the Canadian market....

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Mergers & Acquisitions

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

Milan –- 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. –- 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 agreement...

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Mergers & Acquisitions

Sager Electronics Completes Acquisition of Norvell Electronics, Inc

MIDDLEBOROUGH, Mass. –- 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 said,...

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Mergers & Acquisitions

DDC Expands Power Solutions Capabilities with the Acquisition of Emrise Electronics Ltd.

Bohemia, New York- – Data Device Corporation (DDC), a leader in high reliability Connectivity, Power, and Control solutions, today announced that it has expanded its power solutions capabilities with the acquisition of Emrise Corporation’s (OTCQB: EMRI) Electronic Devices Group, Emrise Electronics Ltd.-  Emrise Electronics Ltd is comprised of XCEL Power Systems Ltd and Pascall Electronics...

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Mergers & Acquisitions

PDS Tech, Inc. Acquires Legacy Engineering, LLC

DALLAS –- PDS Tech, Inc. has purchased Legacy Engineering, LLC effective July 1(st). Terms were not disclosed. PDS will operate Legacy as a stand-alone division focused on the delivery of high end engineering consultants to the aerospace industry. Ed Larson, President of Legacy Engineering said, As a large national firm specializing in technical staffing, PDS is an ideal acquirer that can...

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Mergers & Acquisitions

Freudenberg Acquires BlueSky Process Solutions

Freudenberg Oil Gas Technologies expands its portfolio in upstream segment PLYMOUTH, Mich. –- The Freudenberg Group is strengthening its position as a global supplier for the upstream oil and gas market. The Freudenberg Oil Gas Technologies Business Group has acquired the business of BlueSky Process Solutions Ltd., Stoney Creek, Ontario, Canada, effective June 30, 2015. BlueSky is a designer...

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