Mergers & Acquisitions

Mergers & Acquisitions

Surmodics Acquires Thrombectomy Technology Assets from Embolitech, Strengthening Peripheral Vascular Whole-Product Solutions Portfolio

Surmodics’ design, development, hydrophilic coating technology and manufacturing capabilities will advance innovative platform technology EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- Surmodics, Inc. (NASDAQ: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, announced today it has reached an agreement with Embolitech to acquire an innovative...

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Mergers & Acquisitions

Varian Acquires Taiwan Distributor

PALO ALTO, Calif. and TAIPEI, Taiwan, May 7, 2018 /PRNewswire/ -- Varian (NYSE:VAR)  today announced it has acquired  Cooperative CL Enterprises (COOP), a leading distributor of radiotherapy equipment in Taiwan. COOP currently employs 45 people, and has represented Varian in Taiwan for more than 40 years. "With the acquisition of COOP, Varian will be able to work and collaborate more closely...

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Mergers & Acquisitions

IFF to Combine with Frutarom to Create a Global Leader in Taste, Scent and Nutrition

Establishes an industry leader in naturals; broadens complementary customer base and expands differentiated product portfolio $7.1 billion transaction unlocks significant value creation opportunity; substantial cross-selling opportunities to accelerate long-term profitable growth Expected to realize approximately $145 million in run-rate cost synergies by the third full year Double-digit cash EPS...

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Mergers & Acquisitions

Acquisition of CANDI Controls Assets adds Edge Gateway Technology to Altair's IoT Platform

Smart Solutions and Actionable Gateway Analytics with Cloud-Based Monitoring and Control TROY, Mich., May 03, 2018 (GLOBE NEWSWIRE) -- Altair (Nasdaq:ALTR) has acquired all of the intellectual property assets of California-based CANDI Controls, Inc. and hired CANDI’s experienced software and technology team into Altair’s IoT organization to strengthen and expand the scope of its Carriots™...

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Mergers & Acquisitions

National Safety Apparel® (NSA) Acquires Rubin Brothers and Their Union Line™ Brand

Cleveland, Ohio - May 1st, 2018: National Safety Apparel continues to expand their USA-based safety clothing manufacturing capabilities with the acquisition of Chicago based Rubin Brothers and their Union Line™ brand.  The acquisition of Rubin Brothers further increases National Safety Apparel’s portfolio of safety apparel brands and adds another market leader to their already established...

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Mergers & Acquisitions

Taber Extrusions Announces Micro-Extrusion Capabilities Via Lou-Rich Exact Manufacturing Purchase

Aluminum extrusion leader Taber Extrusions purchases Exact Manufacturing division of LouRich, Inc., expanding Taber’s capabilities to include ultra-precision aluminum extrusions. LITTLE ROCK, Ark. (PRWEB) April 30, 2018 -- Taber Extrusions of Russellville, Arkansas purchased the Exact Manufacturing division of Lou-Rich, Inc. which will now expand Taber’s capabilities to include ultraprecision...

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Mergers & Acquisitions

Teradyne and Mobile Industrial Robots (MiR) Announce Teradyne's Acquisition of MiR, Leader in Collaborative Autonomous Mobile Industrial Robots

Collaborative Autonomous Mobile Industrial Robots are an emerging, fast growing segment of the automation market MiR expands Teradyne’s role in flexible, easy to use, ‘Next Generation’ automation products Teradyne provides financial strength and global reach to drive MiR’s growth Cash transaction, immediately accretive NORTH READING, Mass. and ODENSE, Denmark— April 25, 2018 —...

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Mergers & Acquisitions

Nidec to Acquire Whirlpool Corporation's Compressor Business

KYOTO, Japan, April 24, 2018 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire the compressor business (“Embraco”) of Whirlpool Corporation (“Whirlpool”) (the “Transaction”). For this purpose, Nidec entered into a stock purchase agreement on April 24, 2018...

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Mergers & Acquisitions

Nidec to Acquire Genmark Automation, Inc., an US Semiconductor Wafer Handling Robot Manufacturer

KYOTO, Japan, April 24, 2018 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company” or “Nidec”) today announced that the Company’s Board of Directors has resolved on April 24, 2018 to have Nidec Sankyo Corporation (“Nidec Sankyo”), the Company’s subsidiary, acquire 100% equity shares of Genmark Automation, Inc. (“Genmark”) through Genmark Sub...

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Mergers & Acquisitions

Hexagon AB Acquires ProCAM, a Distributor of Vero Software Solutions in Italy

Acquisition Strengthens Local Presence for Hexagon’s CAD CAM and Production Software Business Unit Cobham, Surrey, UK - April 23, 2018 - Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, has acquired ProCAM Srl, an Italian distributor of CAD CAM solutions and complementary software....

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