Apex Tool Group Closes Acquisition of Yecen; Chinese Automotive Repair Equipment Manufacturer Joins Apex's Leading SATA® Tools Portfolio
SPARKS, Md. –- Apex Tool Group, LLC announced it has closed the acquisition of China-based Shanghai Yecen Auto Technology Ltd. (Yecen), a highly strategic automotive sector acquisition in the Asia Pacific region for Apex's SATA Tool (Shanghai) Limited subsidiary. The transaction was effective March 30, 2015 and was financed with cash on hand in China. Yecen's wheel aligner and automotive lift...
Read More »Plastipak Signs Purchase Agreement for Acquisition of APPE
PLYMOUTH, Mich. –- Plastipak Packaging, Inc., a leading global manufacturer of rigid plastic packaging, is pleased to announce that it has signed a definitive purchase agreement to acquire the APPE Packaging Division of La Seda de Barcelona Group, following its selection in November as the winning bidder in an insolvency auction process. Subject to regulatory approval and certain other...
Read More »e-MDs Merges with MDeverywhere; Creates Market-Leading Provider of Clinical and RCM Software Solutions
LOS ANGELES –- e-MDs, a leading provider of ambulatory electronic medical record (EMR) and practice management (PM) solutions, today announced that it has been acquired by Marlin Equity Partners ( Marlin ), a global investment firm with over $3 billion in capital under management. Following the acquisition, e-MDs has been merged with MDeverywhere, an existing Marlin portfolio company and...
Read More »Canadian Solar Completes the Acquisition of Recurrent Energy from Sharp Corporation
GUELPH, Ontario –- Canadian Solar Inc. (the Company , or Canadian Solar ) (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it has completed the acquisition of Recurrent Energy, LLC ( Recurrent ), a leading North American solar energy developer, from Sharp Corporation. The transaction was supported by Export Development Canada (EDC)'s issuance of...
Read More »ComplianceEase Acquires Document Provider Mortgage Banking Systems
Acquisition Will Provide Key Components for CFPB's New TRID Rule BURLINGAME, Calif. –- ComplianceEase-®, the nation's leading provider of automated compliance solutions to the financial services industry, announced today that it has acquired the assets of Mortgage Banking Systems (dba ProClose-®) of McLean, Va., a provider of premier mortgage document preparation and closing software...
Read More »Fujifilm Holdings to Acquire Cellular Dynamics International, Inc
TOKYO and MADISON, Wis. –- FUJIFILM Holdings Corporation (President: Shigehiro Nakajima,) (TSE: 4901) ( Fujifilm ) and Cellular Dynamics International, Inc. (CEO: Robert J. Palay,) (NASDAQ: ICEL) ( CDI ), a leading developer and manufacturer of fully functioning human cells in industrial quantities to precise specifications, today announced that the two companies have entered into a definitive...
Read More »Biosafe Goes Direct in Brazil, Acquiring Its Local Distributor
EYSINS, Switzerland –- After a successful partnership of 10 years with its local distributor ACTS do Brasil Ltda., effective immediately Biosafe has acquired all ACTS' Biosafe-related business, which has been spun off into a separate operating entity, Biosafe Brasil Distribuidora Ltda. Terms have not been disclosed. This move will allow Biosafe to offer an extended range of benefits to...
Read More »Cole Carbide Announces New Corporate Partnership
Orion Twp., Mich. Cole Carbide has announced its partnership with Rivit, an Italian-based producer and distributor of fasteners, rapid fastening systems, tools and machines for sheet metal assembly. The partnership brings Cole Carbide, a globally integrated manufacturer of precision-ground carbide cutting tool solutions and systems, into position to sell Rivit products to their expanding consumer...
Read More »General Compression and SustainX Plan to Merge as GCX Energy Storage
Two Leading Developers of Fuel-Free Compressed Air Energy Storage Technology Plan to Merge NEWTON, Mass., and SEABROOK, N.H. –- General Compression, Inc. and SustainX, Inc., two leaders in the development of fuel-free Compressed Air Energy Storage (CAES) technology, today announced that they have entered into a letter of intent to combine their businesses, subject to certain conditions, into a...
Read More »NATEL and OnCore Manufacturing Announce Merger Agreement
Combination Creates One of the Premier EMS Companies in the Mid-Tier Space CHATSWORTH, Calif. and FREMONT, Calif. –- NATEL Engineering Company, Inc. (NATEL) and OnCore Manufacturing, LLC (OnCore), both global suppliers of electronic manufacturing services (EMS), announced today that an agreement has been signed to merge the two firms. The merger will create a new EMS company with an expansive...
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