Siemens Expands Dewatering Solutions into Mining Market with Acquisition of Industrial Process Machinery
By acquiring the American company Industrial Process Machinery (IPM), Manchester, New Hampshire, Siemens is continuing to expand its dewatering solutions offering for industrial applications. As of December 31, 2009, IPM is part of Siemens Water Technologies, a Business Unit of the Siemens Industry Solutions Division. In the future, Siemens will offer IPM filter presses worldwide, mainly within...
Read More »AST Bearings Seeks to Expand via Acquisitions
Organic" Growth of Premier Bearing Supplier Expected To Be Complemented By Strategic Acquisitions of other Bearing Companies During 2010 Montville, NJ - March 9, 2010: AST® Bearings, LLC, a leading supplier of miniature bearings, precision ball bearings and related products, announced today that part of its continued growth strategy in 2010 is through the strategic acquisitions of other...
Read More »MTI Instruments Acquires Strategic Line of Products
- Mechanical testing equipment to complement MTII's market offerings - Albany, N.Y., March 4, 2010 - MTI Instruments, Inc. (MTII) of Albany, NY, a worldwide leader in precision measurement solutions, and a subsidiary of Mechanical Technology Incorporated (MTI) (OTC: MKTY), announced the acquisition of the tensile stage line of products from Ernest F. Fullam, Inc., a pioneering microscopy...
Read More »Ryan Herco Flow Solutions Acquires Peninsula Valve & Fitting (PenValve) Company
Ryan Herco Flow Solutions (www.rhfs.com) acquires the assets of Peninsula Valve and Fitting Company (www.penvalve.com) headquartered in Mountain View, CA. Burbank, CA March 4, 2010 -- Ryan Herco Flow Solutions (www.rhfs.com) acquires the assets of Peninsula Valve and Fitting Company (www.penvalve.com) headquartered in Mountain View, CA. Ryan Herco Flow Solutions reinforces their position as the...
Read More »Mountz, Inc. Acquires Fastener Importer Mr. Metric
San Jose, Calif., - Mountz, Inc. acquired all assets of Mr. Metric, Inc, a fastener importer and distributor located in San Jose, CA. The value of the deal was not disclosed. Mr. Metric will serve as the flagship brand name for all Mountz fastener products. Fastener products will be integrated into the Mountz logistics system and sold under the strong Mr. Metric brand name. Mountz plans to roll...
Read More »Siemens Acquires Elektrozavod' Stake in Russian Joint Venture
Siemens Energy has fully acquired Siemens High Voltage Products OOO (LLC). Until now, Siemens had held a 51-percent stake in the joint venture headquartered in Ufa, the capital of the Russian Republic of Bashkortostan located near the foothills of the Ural Mountains. Elektrozavod, Russia's largest transformer manufacturer, held the remaining 49 percent in the joint venture, which was founded in...
Read More »Siemens Acquires Stake in Marine Current Turbines
Entry into promising ocean power market Siemens Energy has acquired a minority stake in Britain's Marine Current Turbines, a pioneer in the design and development of tidal current energy turbines. With the acquisition of a stake of just below 10 Percent in Marine Current Turbines, which is based in Bristol, England, Siemens is entering a new market with good future prospects and at the same time...
Read More »Airgas Board of Directors Rejects Air Products' Hostile Tender Offer
Air Products' Offer Grossly Undervalues Airgas Board Strongly Urges Stockholders Not to Tender Shares into Air Products' Offer RADNOR, PA - February 22, 2010 - Airgas, Inc. (NYSE: ARG) today announced that its Board of Directors, after careful consideration with its independent financial and legal advisors, voted unanimously to reject the unsolicited tender offer from Air Products & Chemicals,...
Read More »Document Security Systems, Inc. Makes Strategic Acquisition of Premier Packaging Corporation
Acquisition increases DSS annual sales revenue to $17 million and allows Company to offer complete line of secure packaging containing DSS anti-counterfeiting technologies to multi-billion dollar marketplace ROCHESTER, N.Y., Feb. 17 -- Document Security Systems, Inc. (NYSE/AMEX: DMC) ( DSS") a world leader in the development, design and manufacturing of secure identification and authentication...
Read More »ABB Acquires Jokab Safety
The acquisition strengthens ABB's offering within machine safety and low-voltage products. 2010-02-15 - ABB, the leading power and automation technology group, announced today it will acquire 100 percent of the shares in Jokab Safety International AB for an undisclosed amount. The transaction is expected to be completed in March subject to customary regulatory approvals. Founded in Sweden in...
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