Mergers & Acquisitions

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

Ampro to Be Acquired by ADLINK Technology

SAN JOSE, CA, March 20, 2008. - Privately held Ampro Computers Inc. today accepted an offer to be acquired by ADLINK Technology (6166 TT, ADLINK ). The acquisition, characterized as highly synergistic by both companies' CEOs, merges Ampro's unmatched expertise in board-level embedded computers with ADLINK's low-cost manufacturing capabilities and products targeting the industrial control and...

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Mergers & Acquisitions

SolidWorks Acquires CircuitWorks Provider Priware

Addresses high demand for integrated electrical and mechanical design platform CONCORD, Mass., March 26, 2008 - SolidWorks Corporation today announced it has acquired U.K.-based Priware Limited, a SolidWorks Gold Partner and developer of CircuitWorks(TM) software, which bridges the gap between electronic CAD and mechanical CAD software. The acquisition gives engineers around the world a platform...

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Mergers & Acquisitions

Underwriters Laboratories' Management System Registration Business to Merge with Germany's DQS

Deal Combines Geographic Strength to Achieve Top Five Global Market Position NORTHBROOK April 1, 2008 - Underwriters Laboratories (UL), a world leader of product safety testing services, announced today that its Management System Solutions business will merge with DQS, a leading global registrar in independent third party management system certification services headquartered in Frankfurt am...

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Mergers & Acquisitions

IMS Strengthens Motion Control Market Position with Schneider Electric

Intelligent Motion Systems (IMS) Secures Leadership Position in the Fast-Growing Integrated Motor and Drive Segment MARLBOROUGH, CT - February, 2008 - With Schneider Electric's recent acquisition of US-based Intelligent Motion Systems, IMS secures its future as a technology leader in the motion control market, especially in the fast-growing integrated motor and drive segment it pioneered with the...

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Mergers & Acquisitions

ITT Corporation Acquires Kaliburn, Inc.

Cleveland, Ohio April 3 - ITT Corporation today announced that it has completed the acquisition of Kaliburn Inc. ( Kaliburn ), through its wholly-owned subsidiary CLEVELAND MOTION CONTROLS, INC. ( CMC ), headquartered in Cleveland Ohio. Kaliburn, located in Charleston South Carolina, is a market leader in the design and manufacture of plasma arc cutting equipment and consumables in metal...

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