Tripp Lite Expands Its Product Offering with the Acquisition of Keyspan
Chicago, IL (May 2, 2008) Tripp Lite, a world-leading manufacturer of power protection and connectivity equipment, is pleased to announce the acquisition of Keyspan, a leading provider of computer connectivity solutions. Keyspan offers adapters, servers, cables and remote controls for home, school and office environments. Keyspan has developed a loyal customer base and established itself in a...
Read More »Air Liquide Electronics Acquires Edwards Chemical Management Division
Air Liquide Electronics U.S. LP has signed an agreement to purchase the major part of the assets of the Chemical Management Division of Edwards Vacuum, Inc. The acquisition is expected to close before the end of June, 2008, pending regulatory approval and pending the satisfaction of certain closing conditions set forth in the agreement. Edwards' Chemical Management Division, a major player in...
Read More »ABB Switzerland Ltd Combines Its Analyzer and Software Businesses
ABB combines its Expert Optimizer, Knowledge Manager and SpectraFlow solutions into a single Collaborative Production Management operational unit. Baden, Switzerland, March 5, 2008 - ABB Switzerland Ltd has announced that it has merged with immediate effect its analyzer and software businesses for cement and minerals industries. The Collaborative Production Management unit now comprises Expert...
Read More »CIRCOR Acquires Motor Technology, Inc.
BURLINGTON, Mass., May 21 - CIRCOR International, Inc. (NYSE:CIR) today announced that it has completed the acquisition of Motor Technology, Inc. of Dayton, Ohio a specialized manufacturer of electric motors and electromechanical equipment for the aerospace, defense, medical and transportation markets with annual revenues of approximately $5 million. Motor Technology has been a leader for over 25...
Read More »Air Products Complements Refinery Offerings with Goar, Allison Acquisition
LEHIGH VALLEY, Pa., May 19 -- Air Products (NYSE:APD) today announced it has acquired Goar, Allison & Associates (GAA), Inc., a process engineering company and leader in the development and promotion of improved sulfur recovery technologies for the energy industry. Terms of the deal for the company based in Tyler, Texas are not being disclosed. The GAA business is complementary to Air Products'...
Read More »FlexLink Acquires Techne - A Leading Supplier to the Packaging Industry
Göteborg, May 19, 2008 FlexLink have acquired Techne, a leading provider of machines and devices for the packaging OEM industry. Techne is now part of FlexLink's EMEA South organization as an Area System House, ASH. The new name is FlexLink Techne S.r.l. Techne has 25 years of industry experience as a provider of design and engineering of specialty machines and equipment for the packaging...
Read More »Honeywell Acquires Norcross Safety Products, Expands Growing Life Safety Business
Company Establishes Leading Position in High-growth PPE Industry MORRIS TOWNSHIP, N.J., May 16, 2008 - Honeywell (NYSE: HON) today announced it has completed its acquisition of Norcross Safety Products L.L.C., a leading manufacturer of Personal Protective Equipment (PPE), for approximately $1.2 billion. Norcross, based in Oak Brook, IL, will form a new line of business called Honeywell Safety...
Read More »Yokogawa Announces Transfer of Its IC Handler Business
Tokyo, Japan - March 26, 2008 Yokogawa Electric Corporation and TESEC Corporation have come to terms on the transfer of Yokogawa's IC handler business to TESEC, and a business transfer agreement was signed on March 26. The companies will subsequently determine the details of the transfer, which is to be formally implemented on July 1, 2008. As a part of its business restructuring strategy,...
Read More »Parker Acquires Remaining Interest in Parker Seal de Mexico Gaining Greater Access to Mexican Sealing Markets
CLEVELAND, May 12 - Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it acquired the remaining stake in its joint venture, Parker Seal de Mexico, on April 30, 2008. Parker held a 49 percent stake in the $8.3 million revenue company prior to acquiring the remaining interest from multiple joint venture partners. Terms of the...
Read More »Greif, Inc. Acquires Vietnam Steel Drum Facility
DELAWARE, Ohio (May 6, 2008) - On May 2, Greif, Inc. (NYSE: GEF, GEF.B) acquired Petro-Summit Mechanical Co Ltd., Vietnam, a subsidiary of Asian Steel Co. Singapore. Located in Vung Tau Province, the facility manufactures 200-litre steel drums serving the Mekong hinterland, the main commercial area of Vietnam. It is Greif's first plant in the country. Greif Vietnam will be managed as part of the...
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