Mergers & Acquisitions

Mergers & Acquisitions

Klein Tools Affiliate Acquires Heritage Cutlery

LINCOLNSHIRE, ILL. - September 7, 2007 - Klein Tools, a leading manufacturer of hand tools and occupational protective equipment for the professional tradesman, announced that its affiliate, Klein Cutlery, Inc., has acquired the manufacturing assets of Heritage Cutlery Inc., Bolivar, N.Y. from Rogers, Lunt, and Bowlen Company. The asset acquisition, which includes the company name, facility, and...

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Mergers & Acquisitions

iBAHN Acquires ETV Interactive

Video on Demand and digital TV are now part of iBAHN's portfolio London - (September 05, 2007) - iBAHN, a leading provider of broadband services to business travellers worldwide, today announces the acquisition of ETV Interactive, a world leader in single cable digital TV, entertainment and communications systems for the hospitality industry. The acquisition of ETV Interactive brings together a...

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Mergers & Acquisitions

Franklin Electric Co. Inc. Announces the Acquisition of the Pump Division of Monarch Industries Limited

BLUFFTON, Ind., Sept. 5 -- Franklin Electric Co., Inc. (Nasdaq: FELE), the world's largest manufacturer of submersible electric motors and a leading supplier of water pumping and fuel pumping systems, announced today that it has completed, through its wholly-owned subsidiary, Franklin Electric Canada, Inc., the acquisition of the pump division of Monarch Industries Limited, Winnipeg, Canada (...

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Mergers & Acquisitions

Ampac Packaging Acquires International Retort Pouch Converter-Floeter Flexible Packaging

CINCINNATI, Sept. 6 /-- Ampac Packaging LLC has acquired privately-held, Floeter Flexible Packaging Group, Eberdingen, Germany for an undisclosed amount. Floeter specializes in stand-up pouch converting and is known for its best-in-class retort pouch-making capability. Founded in 1985, Floeter is a supplier to many premier, multinational global food and pet food brands. The acquisition includes...

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Mergers & Acquisitions

ANADIGICS Expands Research and Development Group Through Acquisition of Fairchild Semiconductor's RF Design Team

WARREN, N.J., Sept. 5 /-- ANADIGICS, Inc. (NASDAQ:ANAD), a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets, has announced that it has acquired from Fairchild Semiconductor, for $2.3 million, the RF team, fixed assets, certain leases, software, and licenses to intellectual property in connection with Fairchild's exiting of...

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Mergers & Acquisitions

CyberTech Strengthens Position in European Financial Markets with Majority Stake in Activa

AMSTERDAM, September 6 -- CyberTech International, one of the fastest growing technology companies in the voice recording and quality management markets, acquired a majority share in its UK distributor Activa Solutions on August 17, 2007. This acquisition gives CyberTech access to Activa's highly experienced technical and sales teams and will strengthen its position in the global financial...

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Mergers & Acquisitions

Art's-Way Announces Acquisition

ARMSTRONG, Iowa, Sept. 6 /-- Art's-Way Manufacturing Co., Inc., today announced its September 5, 2007 acquisition of the hay and forage product lines of Miller Pro of Miller St. Nazianz, Inc. of St. Nazianz, Wisconsin. The Miller Pro product lines have historically had annual sales of approximately $8,000,000 including a substantial portion of spare parts. The production of the product lines is...

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Mergers & Acquisitions

Amerex Group Signs Letter of Intent to Purchase Waste Treatment Facility

NEW YORK, Sept. 5 -- Amerex Group, Inc. (BULLETIN BOARD: AEXG) announced today that it has entered into a Letter of Intent to purchase Perma-Fix Treatment Services, Inc. of Tulsa, OK from Perma-Fix Environmental Services, Inc. (Nasdaq: PESI; BSE: PESI; Germany: PES.BE). This transaction is subject to Amerex completing its due diligence and the parties entering into a definitive agreement....

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Mergers & Acquisitions

Flextronics and Solectron Announce Regulatory Approval Status and Solectron Stockholder Election Deadline

SINGAPORE and MILPITAS, Calif., Sept. 5 -- Flextronics International Ltd. (NASDAQ:FLEX) and Solectron Corporation (NYSE:SLR) jointly announced today that Solectron stockholders that wish to make an election with respect to the merger consideration to be received in the proposed acquisition by Flextronics of Solectron must deliver a properly completed election form to Computershare Shareholder...

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Mergers & Acquisitions

Ness Technologies Completes Acquisition of Selesta S.p.A. in Italy

HACKENSACK, New Jersey, September 5 -- Ness Technologies, Inc. (NASDAQ: NSTC), a global provider of information technology (IT) services and solutions, today announced the completion of its acquisition of Selesta S.p.A., a privately-held IT software distribution and systems integration company based in Italy. Selesta distributes software products developed by global independent software vendors...

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