Mergers & Acquisitions

Mergers & Acquisitions

Patrick Industries, Inc. Completes Acquisition of Wiring and Electrical Products Distribution Business of Blazon International Group

ELKHART, Ind., Aug. 23 - Patrick Industries, Inc. (NASDAQ:PATK) (the Company"), announced today that it has completed the previously announced acquisition of certain assets of Bristol, Indiana-based Blazon International Group ("Blazon"), a distributor of various wiring, electrical, lighting, plumbing and other building products to the RV and MH industries, at a purchase price of approximately...

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Mergers & Acquisitions

Nalco Acquisition Boosts Enhanced Oil Recovery Capabilities

NAPERVILLE, Ill., Aug. 23, 2010 - Nalco (NYSE:NLC), providing essential expertise for water, energy and air, today announced the acquisition of substantially all of the businesses and assets of Fabrication Technologies, Inc. based in Casper, Wyo. Renamed Nalco Fab-Tech LLC, the company employs 60 people and designs, fabricates and installs complex injection and fluid treatment facilities. Nalco...

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Mergers & Acquisitions

ADP Completes Its Acquisition of Workscape, Inc.

Expands and Enhances Benefits and Talent Management Services Portfolio with Market-Leading Solutions Serving Large, Complex Organizations ROSELAND, N.J., Aug. 24 - ADP ®, a leading provider of HR, payroll and benefits administration services, today announced that it has completed its acquisition of privately-held Workscape, Inc., a premier provider of integrated benefits and talent...

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Mergers & Acquisitions

Carrier Corp. Sells Micro Thermo Technologies

FARMINGTON, Conn., Aug. 24 -- Carrier Corp. has sold Micro Thermo Technologies, a Canada-based manufacturer of refrigeration controls for supermarket applications, to Parker Hannifin Corp. (NYSE:PH). Carrier Corp., a unit of United Technologies Corp. (NYSE:UTX), is the world's leader in high technology heating, air-conditioning and refrigeration solutions, improving the world around us through...

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Mergers & Acquisitions

Parker Acquires Micro Thermo Technologies Extending Systems Capabilities in Climate Control Markets

CLEVELAND, Aug. 24 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has acquired Micro Thermo Technologies of Quebec, Canada from Carrier Corporation. Micro Thermo Technologies is a leading manufacturer of refrigeration controls and energy management systems for supermarket applications. Terms of the transaction were not...

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Mergers & Acquisitions

StepStone Solutions Closes MrTed Acquisition - Expands Capability to Address Global Talent Acquisition Market

LONDON, August 24, 2010 -- StepStone Solutions, a global leader in Software-as-a-Service (SaaS) Talent Management solutions, has completed the acquisition of privately-owned e-recruitment software provider MrTed. The acquisition adds over 130 customers to StepStone Solutions' existing customer base of 1,500 global businesses, including names such as France Telecom, Heineken, SGS, Alexander Mann...

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Mergers & Acquisitions

PotashCorp Board of Directors Rejects BHP Billiton's Unsolicited Offer

o Deems US$130 per Share Offer Wholly Inadequate o Urges Shareholders Not to Tender Their Shares SASKATOON, Canada, August 23, 2010 - Potash Corporation of Saskatchewan Inc. ( PotashCorp") today announced that its Board of Directors, after careful consideration with the assistance of its independent financial and legal advisors, voted unanimously to reject the unsolicited offer by BHP Billiton...

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Mergers & Acquisitions

HP Proposes to Acquire 3PAR for $24 Per Share in Cash

o Superior proposal provides a significant premium to the Dell transaction; o HP is uniquely positioned to unlock 3PAR's potential given HP's global reach and commitment to innovation; o Transaction will accelerate HP's Converged Infrastructure strategy PALO ALTO, Calif., Aug. 23, 2010 - HP today announced that it has submitted to 3PAR Inc. (NYSE: PAR) a proposal to acquire all of the outstanding...

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Mergers & Acquisitions

IDEAL Acquires Premier Tool Manufacturer SK Hand Tools

IDEAL expands its commitment to Made In America" mission by keeping manufacturing of iconic tool brand in the United States SYCAMORE, IL, August 23, 2010 -- IDEAL INDUSTRIES, INC. announced today that it has entered into a definitive agreement to purchase certain assets of SK Hand Tools Corporation, one of America's leading manufacturers of tools for the professional mechanic. Doug Spitler, Vice...

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Mergers & Acquisitions

Durex Inc. Acquires Two New Companies in 2010!

Durex Inc. is proud to announce the addition of two acquisitions to the Durex family of companies. Agreements have been reached for the acquisition of P. Feiner & Sons and Sternvent Company Inc. These new companies have long histories of excellence and will mix well with the current synergies at Durex. This will allow for a smooth transition with little or no interruption to customers," said...

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