ArvinMeritor Announces Sale of Body Systems Business
TROY, Mich., Jan. 3, 2011 - ArvinMeritor, Inc. (NYSE: ARM) today announced that it has completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC. The estimated purchase price at closing was $27.27 million, consisting of $12.27 million in cash at closing (adjusted for estimated balances in working capital and other items at the time of the closing) and a promissory...
Read More »Protexic Brands Announces Acquisition of Createc Corporation
Arlington Heights, January 3, 2011 - Protexic Brands, a Strategic Business Unit of Tegrant Corporation, today announced the acquisition of Createc Corporation, a leading manufacturer of highly-engineered, custom molded foam products, including protective packaging solutions, automotive components and specialty products. Createc is headquartered in Indianapolis, Indiana, and has four manufacturing...
Read More »ConvergEx Group Completes Purchases of RealTick and LDB Consulting
Acquisitions Continue ConvergEx's Long-Standing Strategy of Growing its Technology Offering NEW YORK, Jan. 3, 2011 - ConvergEx Group, a leading technology company, today announced that it has completed its acquisition of RealTick-® from Barclays Bank PLC. ConvergEx additionally announced today that it has also completed its acquisition of LDB Consulting, Inc. Financial terms were not disclosed...
Read More »Cuming Acquisition Completed
New Joint Venture Formed HOUSTON, Jan. 3, 2011 - Deep Down, Inc. (OTC Bulletin Board: DPDW) ( Deep Down ), an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today announced the formation of a new joint venture, Cuming Flotation Technologies, LLC (the JV ) with an affiliate of York Capital Management ( York ), for the...
Read More »IdentiSys Inc. Acquires Inland Business Products, Washington-based ID Reseller
Identification, Emergency Response, Security Solutions and On-site Service Provider expands into Washington and Idaho Eden Prairie, MN - January 3, 2011 - IdentiSys Inc., North America's largest sales and service integrator of identification, card issuance, emergency response, and access control security systems, today announced the acquisition of Inland Business Products, Inc., located in...
Read More »DemandTec Acquires Assets of Applied Intelligence Solutions, LLC
Transaction brings additional retail softline science, expertise, and technology to DemandTec SAN MATEO, Calif., Jan. 3, 2011 - DemandTec, Inc. (Nasdaq: DMAN), the collaborative optimization network for retailers and consumer products companies, announced that it has acquired substantially all of the assets of Applied Intelligence Solutions, LLC (AIS), a developer of intelligent software...
Read More »Dover Acquires Harbison-Fischer, Inc
DOWNERS GROVE, Ill., Jan. 3, 2011 - Dover Corporation (NYSE: DOV) today announced that it has acquired Harbison-Fischer, Inc., a leading designer and manufacturer of down-hole rod pumps and related products, for $402.5 million, subject to normal closing adjustments. Based in Crowley, Texas, Harbison-Fischer will become part of Norris Production Solutions ( NPS ). NPS is an operating unit within...
Read More »ON Semiconductor Completes Acquisition of SANYO Semiconductor from SANYO Electric
Strategic transaction greatly expands ON Semiconductor's presence in Japan and is expected to further the company's growth on a global basis PHOENIX, Ariz., U.S. and TOKYO, Japan - Jan. 3, 2011 - ON Semiconductor Corporation (Nasdaq: ONNN), today announced the completion of the acquisition of SANYO Semiconductor Co., Ltd., a subsidiary of SANYO Electric, and other assets related to SANYO...
Read More »Saint-Gobain Finalizes the Divestiture of Its Advanced Ceramics Business
COURBEVOIE, France, January 3, 2011 - Following the approval of the competition authorities, on December 31, 2010, Saint-Gobain finalized the sale of its Advanced Ceramics business to CoorsTek for US $245 million, as announced on June 28, 2010. With this divestment, Saint-Gobain's Ceramic Materials activity is continuing to implement dynamic management of its business portfolio by favoring...
Read More »CoorsTek Acquires Saint-Gobain Advanced Ceramics
CoorsTek expands technical capabilities, product lines, and geographical reach GOLDEN, Colo., Jan. 3, 2011 - CoorsTek, Inc., now the world's largest technical ceramics manufacturer, announced today the completion of the purchase of the advanced ceramics business of Saint-Gobain. Augmenting an already expansive market presence, CoorsTek now owns and operates 44 facilities on four continents....
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