Mergers & Acquisitions

Mergers & Acquisitions

Reliance Steel & Aluminum Co. Acquires Lampros Steel, Inc

Los Angeles, CA - December 3, 2010 - Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it has acquired the outstanding capital stock of Lampros Steel, Inc. and a related interest in Lampros Steel Plate Distribution LLC. Lampros Steel, Inc. is a steel service center company specializing in structural steel shapes with a facility located in Portland, Oregon. Lampros Steel Plate...

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Mergers & Acquisitions

Gerber Scientific, Inc. Signs Definitive Agreement to Sell Gerber Coburn Ophthalmic Lens Processing Unit

SOUTH WINDSOR, Conn., Dec. 2, 2010 - Gerber Scientific, Inc. ( the Company") (NYSE: GRB) today announced that it had entered into an agreement to sell its ophthalmic lens processing business, Gerber Coburn, to Coburn Technologies, Inc. for $21.0 million. The Company expects to use the net proceeds of approximately $19 million, after fees and expenses, to reduce its outstanding debt and for...

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Mergers & Acquisitions

MHI Acquires Artemis Intelligent Power, a UK Venture Company, to Secure Unique Hydraulic Power Drive Technology

Tokyo, Dec 3, 2010 - Mitsubishi Heavy Industries, Ltd. (MHI) has reached an agreement with the shareholders of Artemis Intelligent Power, Ltd., an R&D and engineering firm in the UK, enabling MHI to purchase Artemis's entire equity. Through the acquisition recently completed, MHI aims to secure unique hydraulic power drive technology owned by Artemis. By applying the technology to its wide range...

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Mergers & Acquisitions

SeQual Technologies to Be Acquired by Chart Industries

SAN DIEGO, Dec. 2, 2010 - SeQual Technologies, Inc., a pioneer in portable oxygen technology, has entered into a definitive agreement to be acquired by Chart Industries' wholly owned subsidiary, CAIRE Inc., a leading respiratory care products provider for the home health care market. SeQual has built a strong reputation based on engineering experience and a clinical patient focus. As a leader in...

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Mergers & Acquisitions

Spectra Energy Partners Acquires Additional 24.5 Percent Interest in Gulfstream Natural Gas System, L.L.C. from Spectra Energy Corp

o Expect acquisition to be accretive to cash available for distribution o Increases ownership interest in Gulfstream Natural Gas System, L.L.C. to 49 Percent HOUSTON, Nov. 30, 2010 - Spectra Energy Partners, LP (NYSE: SEP) today announced it has acquired an additional 24.5 percent interest in Gulfstream Natural Gas System, L.L.C. (Gulfstream) from Spectra Energy Corp (NYSE: SE) for approximately...

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Mergers & Acquisitions

Leviton Acquires Integrated Metering Systems

Acquisition to deliver revenue grade energy management metering and verification and supports the LEED® Certification process for commercial energy users MELVILLE, N.Y., Dec. 1, 2010 - Leviton Manufacturing Company, the leader in electrical wiring devices, lighting energy management systems and commercial data networking solutions, today announces the acquisition of Integrated Metering...

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Mergers & Acquisitions

Novatel Wireless Completes Enfora Acquisition

SAN DIEGO, Dec. 1, 2010 - Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband solutions,has completed the previously-announced acquisition of Enfora, Inc., a privately-held, Texas-based provider of intelligent asset-management solutions utilizing wireless technology and machine-to-machine (M2M) communications. The effective date was the close of business on November...

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Mergers & Acquisitions

Rohde & Schwarz and Topex Bundle Their Air Traffic Control Expertise

MUNICH, December 1, 2010 - Rohde & Schwarz has acquired a majority interest in the Romanian company Topex, a manufacturer of telecommunications equipment for government authorities and companies. The Topex portfolio includes voice communications systems for air traffic control (ATC). These systems ideally complement the Rohde & Schwarz ATC portfolio which mainly comprises radiocommunications...

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Mergers & Acquisitions

Largest Independent Security Distributor Makes Acquisition in Texas

Woodbury, NY - Tri-Ed / Northern Video, North America's largest independent security distributor, continues to grow its operation with the acquisition of Security Data & Cable HQ. SDC's two locations in Houston and Austin, Texas will now operate as Tri-Ed/Northern Video Distribution and the existing sales staff will continue to manage both branches. Tri-Ed / Northern Video continues to increase...

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Mergers & Acquisitions

Delcam to Partner with Additive Manufacturing Company Marcam Engineering

Delcam, the world's leading specialist supplier of CAM software, has signed a non-legally binding memorandum of understanding with the leading German developer of software for additive manufacturing, Marcam Engineering GmbH. On completion of the legal contracts, Delcam will acquire a 24.9% holding in Marcam. Marcam develops the AutoFab and VisCAM software families for preparing CADCAM data for...

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