OKI Merges Group Logistics Company into OKI Proserve
TOKYO, December 1, 2010 - OKI Electric Industry (TSE:6703) has announced the merger of OKI Logistics, an OKI Group company specializing in logistics, into OKI Proserve, a Group company responsible for providing indirect operating services. OKI Proserve plans to strengthen its management basis by streamlining logistical operations within the OKI Group. The expertise and systems amassed through OKI...
Read More »Comprehensive Settlement with Majority of Parties to Merger Case in Maryland Includes Enhanced Customer Benefits
Customer Credits Increased to $6.5 Million Over Four Years AKRON, Ohio and GREENSBURG, Pa., Dec. 1, 2010 - FirstEnergy Corp. (NYSE: FE) and Allegheny Energy, Inc. (NYSE: AYE), along with 10 parties to their merger proceeding in Maryland, today filed with the Maryland Public Service Commission a comprehensive settlement that addresses issues raised in the case. The settlement enhances commitments...
Read More »China Clears Tyco Electronics' Acquisition of ADC
SCHAFFHAUSEN, Switzerland, Dec. 2, 2010 - On Tuesday, Nov. 30, 2010, Tyco Electronics Ltd. (NYSE: TEL) received notification that the Ministry of Commerce of the People's Republic of China, which is responsible for the review of acquisition transactions under the Antimonopoly Law and its implementing regulations, has cleared the company's proposed acquisition of ADC Telecommunications, Inc....
Read More »ESCO® Corporation Announces Acquisition of Austcast and Newlcast
Australia and New Zealand foundries will support company growth and provide employment opportunities and locally-made ESCO products PORTLAND, Ore., Dec. 1, 2010 -- ESCO Corporation (www.escocorp.com), a leading global provider of wear-parts and attachments for the mining and construction industries, announced today the acquisition of all of the issued and outstanding shares of Austcast Pty Ltd in...
Read More »Johnson Controls Signs Purchase Agreement to Acquire C. Rob. Hammerstein Group (CRH)
Johnson Controls Automotive Experience enhances its seating components portfolio through the addition of high-end solutions for metal and mechanisms BURSCHEID, Germany, Dec. 1, 2010 -- Johnson Controls (NYSE: JCI), a global leader in automotive seating systems, interior components and electronics, signed a purchase agreement to acquire the C. Rob. Hammerstein Group (CRH). CRH is a leading, global...
Read More »Siemens Expands Anaerobic Digestion Product Offering
Siemens Water Technologies has acquired the JetMix hydraulic mixing system from Liquid Dynamics Corp. This proprietary system agitates sludge within the anaerobic digestion process, optimizing digestion and methane production. The latter can be captured and used as energy within a wastewater treatment facility. Compared to similar mixing systems, the JetMix system allows operators to schedule...
Read More »Panda Security Acquires Canadian Franchise and Continues International Expansion
Company also opens new franchises in Europe, Asia and Latin America in 2010; now present in 61 countries ORLANDO, Fla., Nov. 30, 2010 - Panda Security, the Cloud Security Company, today announced that it has acquired its exclusive distributor in Canada, continuing to propel the company's strategic international expansion and consolidation efforts. Since Investindustrial and other financial...
Read More »Cenveo Acquires Gilbreth Packaging Solutions
Expands Cenveo's packaging product offering STAMFORD, Conn., Nov. 29, 2010 - Cenveo, Inc. (NYSE: CVO) announced today that through its subsidiaries, the Company has acquired Impaxx, Inc., the sole owner of Gilbreth Packaging Solutions, Inc. (www.gilbrethusa.com), from affiliates of Aurora Capital Group, a Los Angeles private equity firm. Gilbreth operates a state of the art facility located in...
Read More »CoorsTek Acquires the Flowguard Pressure Control Business
CoorsTek to expand pulsation equipment markets including subsea oil and gas, chemical and pharmaceutical, food and beverage, and other industrial markets GOLDEN, Colo., Nov. 29, 2010 - CoorsTek, Inc., a large technical ceramics supplier and manufacturer of heavy-duty pulsation mitigation equipment for the oil and gas industries, today announces the acquisition of the Flowguard pressure control...
Read More »ABB to Acquire Baldor Electric Company to Become a Global Leader in Industrial Motion
o Agreed transaction: ABB and Baldor announce a recommended offer for ABB to acquire Baldor for $63.50 per share, an overall transaction value of $4.2 billion, including net debt of $1.1 billion. o In line with ABB's strategy: establishes ABB as a leader in the multibillion dollar North American industrial motors business and a global leader for movement and control in industrial applications...
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