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Mergers & Acquisitions

Mergers & Acquisitions

Kirby Corporation Signs Agreement to Acquire K-Sea Transportation Partners L.P.

HOUSTON, March 13, 2011 - Kirby Corporation ( Kirby ) (NYSE: KEX) announced today that it has entered into an agreement with K-Sea Transportation Partners L.P. ( K-Sea ) (NYSE: KSP), an operator of tank barges and tugboats participating in the coastwise transportation primarily of refined petroleum products in the United States, pursuant to which a subsidiary of Kirby will merge with K-Sea, with...

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Mergers & Acquisitions

Lincoln Electric Completes Severstal Welding Acquisition in Russia

CLEVELAND, March 11, 2011 - Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has completed the acquisition of OOO Severstal-metiz: welding consumables, a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal, a world leading, vertically integrated steel and mining company. As part of the transaction, Lincoln acquires manufacturing operations...

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Mergers & Acquisitions

Metals USA Holdings Corp. Acquires The Richardson Trident Company

FORT LAUDERDALE, Fla., March 11, 2011 - Metals USA Holdings Corp. ( Metals USA ) (NYSE: MUSA), a leading provider of processed carbon steel, stainless steel, aluminum and other metals, today announced that it has closed the acquisition of The Richardson Trident Company ( Trident ). The acquisition of Trident represents Metals USA's third acquisition since its IPO last April. With sales for the...

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Mergers & Acquisitions

Bretting Acquires S&S

C. G. Bretting Manufacturing Co., Inc. (Bretting) of Ashland, WI recently announced the acquisition of the assets of S&S Specialty Systems, Inc. (S&S) of Iron River, WI. The new entity, S&S Specialty Systems, LLC, is a wholly owned subsidiary of Bretting. Current employees of S&S will work for the new LLC. S&S will continue to operate at its current location of 68150 South Front Street, Iron...

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Mergers & Acquisitions

Autodesk Completes Acquisition of Blue Ridge Numerics, Inc

CFdesign Simulation Software to Strengthen Autodesk Solution for Digital Prototyping SAN RAFAEL, Calif. - Autodesk, Inc. (NASDAQ:ADSK), a leader in 3D design, engineering and entertainment software, announced that it has completed the acquisition of Blue Ridge Numerics, Inc., a leading simulation software provider, for approximately $39 million in cash, subject to a working capital adjustment....

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Mergers & Acquisitions

Husky to Acquire Leading Closure Mold Maker KTW

BOLTON, Ontario Husky Injection Molding Systems today announced its intention to acquire KTW of Waidhofen, Austria, recognized as a global leader in closure mold making. The sale is expected to close in May 2011. This announcement represents the next logical step in the relationship that has developed between the two companies over the last 14 years. Husky and KTW have worked very closely to...

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Mergers & Acquisitions

LSI to Sell External Storage Systems Business to NetApp for $480 Million

Board Authorizes New $750 Million Stock Repurchase Program MILPITAS, Calif., March 9, 2011 - LSI Corporation (NYSE: LSI) today announced that it has signed a definitive agreement to sell its external storage systems business to NetApp, Inc. (Nasdaq: NTAP) for $480 million in cash. The company also announced today that its board of directors has authorized a new stock repurchase program of up to...

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Mergers & Acquisitions

Penton Announces Acquisition of EyeTraffic Media

Acquisition Jumpstarts Online Marketing Services Offering NEW YORK, March 10, 2011 - Sharon Rowlands, CEO of Penton, announced today that the company has completed its first marketing services acquisition with the purchase of EyeTraffic Media, an online marketing firm. Terms were not disclosed. Our senior team has felt for some time that a marketing services offering - including online lead...

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Mergers & Acquisitions

DemandTec to Acquire M-Factor

Consumer products companies to benefit from industry-leading solution delivering optimized marketing mix, trade promotion, and shopper marketing decisions SAN MATEO, Calif., March 9, 2011 - DemandTec, Inc. (Nasdaq: DMAN), the collaborative optimization network for retailers and consumer products companies, today announced that it has signed a definitive agreement to acquire privately-held...

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Mergers & Acquisitions

Harris Corporation Expands Terrestrial Networks Capabilities; Acquires Infrastructure Assets from Core180

MELBOURNE, Fla. and WASHINGTON, March 10, 2011 - Harris Corporation (NYSE: HRS), an international communications and information technology company, has acquired key infrastructure assets of the government business of Core180, Inc. Based in Fairfax, Virginia, Core180 is a telecom network integrator that provides wide area networks and management services to government agencies, large enterprises,...

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