Mergers & Acquisitions

Mergers & Acquisitions

Morgan Technical Ceramics Acquires Certech and Carpenter Advanced Ceramics in £73 Million Deal

Morgan Technical Ceramics' parent company, The Morgan Crucible Company plc, has acquired Certech and Carpenter Advanced Ceramics from US firm Carpenter Technology Corporation. The businesses have been acquired on a cash and debt free basis for a cash consideration of around US$145million (c. -£73 million) and the combination of the three organisations creates one of the largest technical...

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Mergers & Acquisitions

Bunting Magnetics Company Announces the Acquisition of Magnet Applications Group Ltd.

Newton, Kansas / April 4, 2008 - The Bunting Magnetics Company is pleased to announce the acquisition of Magnet Applications Group Ltd. (MAGL). MAGL was founded in 1955 and currently has manufacturing operations in Berkhamsted, England and Dubois, Pennsylvania USA. MAGL manufactures and distributes a wide variety of technical bonded magnets, precision magnetic assemblies and complementary magnet...

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Mergers & Acquisitions

Varian, Inc. Acquires Oxford Diffraction, Ltd.

PALO ALTO, Calif., April 7, 2008 - Varian, Inc. (NasdaqGS: VARI) announced today that it has acquired Oxford Diffraction, Ltd., a privately owned company based in Abingdon, U.K. Oxford Diffraction is a leader in x-ray crystallography, an analytical technique used by scientists in pharmaceutical research and other research laboratories to determine the structure of both small molecules and large...

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Mergers & Acquisitions

Federal Signal Corporation Announces Sale of Tool Group

OAK BROOK, Ill., April 4, 2008 - Federal Signal Corporation (NYSE:FSS) today announced that it has entered into a definitive agreement to divest Dayton Progress Corporation and its subsidiaries to Connell Limited Partnership. Dayton Progress will be operated as an independent subsidiary of Connell. Dayton Progress, with 2007 sales of $119 million, is the global industry leader in the production...

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Mergers & Acquisitions

Honeywell Moves into Large, Growing Personal Protective Equipment Segment; Expands Life Safety Business

Honeywell Signs Definitive Agreement to Acquire Norcross Safety Products, Innovator of Highly Engineered and Patented Personal Protective Gear MORRIS TOWNSHIP, N.J., April 4, 2008 - Honeywell (NYSE:HON) today announced a definitive agreement to acquire Norcross Safety Products L.L.C., a leading manufacturer of Personal Protective Equipment (PPE), for approximately $1.2 billion. Norcross, based in...

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Mergers & Acquisitions

Siemens VAI Strengthens Its Portfolio of Products and Services: Acquisition of Rolling Mill Specialist Morgan Construction Completed

LINZ, Austria, April 4, 2008 - With the agreement of all of the responsible authorities, Siemens has now taken over Morgan Construction Co., the rolling mill specialist based in Worcester, Massachusetts, USA. This company achieved sales of USD 230 million in 2007, and employs some 1,100 people in the USA, China, India, the U.K. and Brazil. Morgan Construction will be managed as a Siemens Group...

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Mergers & Acquisitions

Parker Extends Precise Medical Seal Capability; Acquires Hi-Tech Group Companies

CLEVELAND, April 4, 2008 - Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has acquired all of the issued and outstanding shares of the capital stock of HTR Holding Corp. and its subsidiaries, including Hi- Tech Rubber, Inc., Inland Technologies, Inc., Ventrex, Inc. and Accusil, Inc. The acquired companies operate under their...

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Mergers & Acquisitions

Tyco Thermal Controls and Rockbestos-Surprenant Cable Corp. Expand Strategic Alliance

Companies Align to Offer Complete Fire Performance Wiring Solutions for the Industrial Market REDWOOD CITY, Calif (April 1, 2008) - Tyco Thermal Controls, the global leader in heat-tracing, and fire and performance wiring systems, and Rockbestos Surprenant Cable Corporation (RSCC), a world leader in engineered wire and cable products, are proud to announce an expansion of their strategic...

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Mergers & Acquisitions

Abanaki Corp. Purchases Aerodyne Development Corp.; Oil-Skimmer Maker Moves into Solid-Material-Handling Market

Cleveland, OH -March 13, 2008-Abanaki Corporation, the world's leading manufacturer of industrial oil skimmers, has announced its purchase of Aerodyne Development Corporation, which manufactures dust collection systems equipment and solid-material-handling components. Best known for providing job shops as well as industrial giants with oil-skimming solutions the past 40 years, Abanaki Corporation...

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Mergers & Acquisitions

ADLINK Technology Announces to Acquire 100% Shareholding of Ampro Computer

March 20, 2008, Taipei Taiwan - The board of ADLINK Technology (6166 TT, ADLINK ) adopted a resolution today to acquire 100% shareholding of Ampro Computer Inc.( Ampro ). ADLINK will acquire a total of 39,743,137 common shares in Ampro (representing 100% of Ampro's shareholding) with a total investment amount of US$20 million. The relevant Share Purchase Agreements have been executed by and...

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