Mergers & Acquisitions

Mergers & Acquisitions

DGI Supply Set to Acquire Production Tool & Supply of Rockford IL

Wheeling, IL. (May 26th, 2020) – DGI Supply announced today that it has executed agreements to acquire certain assets of Production Tool & Supply of Rockford, Illinois. DGI Supply has hired the Production Tool & Supply employees and will continue to operate under the PT&S brand for its customers in the Rockford area. DGI Supply plans to combine its inventory in Loves Park with PT&S’ Rockford...

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Mergers & Acquisitions

Superior Expanding to Southeast Asia with KeepMining as Dealer Partner

Morris, Minn. – Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling systems, is proud to announce a new distribution partnership with KeepMining™. The Singapore-based company will represent Superior’s growing line of crushing, screening, washing and conveying equipment in several countries throughout Southeast Asia, including India,...

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Mergers & Acquisitions

Rand Logistics, Inc. Completes Purchase of American Steamship Company From GATX Corporation

Jersey City, N.J., May 14, 2020 /CNW/ -- Rand Logistics, Inc. ("Rand") has completed the acquisition of American Steamship Company ("ASC") from GATX Corporation. Rand is a portfolio company of American Industrial Partners ("AIP") and provides dry bulk shipping services throughout the Great Lakes region. The combination of Rand and ASC moves almost 50 million tons annually of dry bulk...

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Mergers & Acquisitions

Siemens Gamesa to Supply Innovative Hybrid Plant in The Philippines for Berkeley Energy, Reducing Fossil Fuel Use in a Remote Location

Plant will help provide stable electricity supply to island and reduce dependence on diesel, in turn further cutting emissions Commercial hybrid project manages an existing 16MW wind power facility with battery storage integrated through Siemens Gamesa’s Hybrid Plant Controller (HPC) Siemens Gamesa has signed a 5-year maintenance contract for plant operations which can be optimized remotely...

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Mergers & Acquisitions

Galaxy Weblinks Acquires Biz Solutions 365; Expands its Position in the Microsoft Technologies

Galaxy Weblinks, a leading technology consulting firm, acquired Biz Solutions 365, last month. The much expected announcement came amid the news of partial lift of lockdown in India. Biz Solution 365, was previously a technology backend partner for Kalm Strom. Since their recent split, Biz Solutions 365 was looking for new partnership when the offer came in from Galaxy Weblinks about 4 months...

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Mergers & Acquisitions

FMC Corporation to Acquire Fluindapyr Active Ingredient Assets from Isagro S.p.A.

Transaction will expand FMC's fungicide portfolio with full global rights to novel broad-spectrum fungicide Philadelphia, May 6, 2020 /PRNewswire/ - FMC Corporation (NYSE: FMC) and Isagro S.p.A. have agreed to a binding offer whereby FMC will acquire Isagro's Fluindapyr active ingredient assets for €55 million (approximately $60 million). The cash transaction, expected to close by...

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Mergers & Acquisitions

Cotecna Acquires KaiXin Certification (Beijing) Co., Ltd.

GENEVA, May 6, 2020 /CNW/ -- Cotecna is pleased to announce the acquisition of a 51% equity stake in Kaixin Certification (Beijing) Co., Ltd. in Beijing, China. Cotecna is a global provider of inspection and testing services and supply chain solutions. Thanks to their international network of offices and laboratories, they provide conformity assessment across a number of industry...

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Mergers & Acquisitions

World Leading Foam Filled Fender Manufacturer, Marine Fenders, International, Acquires Urethane Technology Inc To Enhance Its Depth And Manufacturing Expertise

Marine Fenders International, Inc. (MFI) announced today that it recently acquired all the assets of Urethane Technology Inc.’s (UTI), a leading manufacturer of specialty buoys and marine fenders. Jerry Thermos, CEO of MFI stated that he was pleased to conclude this transaction as UTI’s technology will further enhance MFI’s mission to remain one of the leading worldwide designers and...

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Mergers & Acquisitions

KEMET Announces Completion of CFIUS Review

FORT LAUDERDALE, Fla., April 24, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation ("KEMET") (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation ("Yageo") (TAIEX: 2327), on April 23, 2020, the Committee on Foreign Investment in the United States (CFIUS) notified the parties that it completed review of the pending acquisition of KEMET by Yageo and...

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Mergers & Acquisitions

Acquisition of Global Compressor Business from The Japan Steel Works Completed

Burckhardt Compression completed the acquisition of the global compressor business from The Japan Steel Works Ltd., abbreviated JSW, as announced on March 4, 2020. JSW is a highly diversified manufacturer of steel, power-plant equipment and industrial machinery. With the acquisition of the global compressor business from The Japan Steel Works Burckhardt Compression is strengthening its market...

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