Mergers & Acquisitions

Mergers & Acquisitions

Elecsys Corporation Announces Acquisition of Radix International Corporation

OLATHE, Kan., Sept. 4 -- Elecsys Corporation (AMEX:ASY) announced today that it has entered into an Asset Purchase Agreement to acquire substantially all of the assets, including the product lines and intellectual property, and assume certain liabilities of Radix International Corporation and its subsidiary of Salt Lake City, Utah. Radix, established in 1969, is a leader in the development,...

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Mergers & Acquisitions

Launch of SABIC Innovative Plastics Expands SABIC's Global Presence

August 31, 2007 - New York, NY - Saudi Basic Industries Corporation (SABIC) today announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud. The former GE unit is now SABIC Innovative Plastics, a new business addition to SABIC that will focus...

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Mergers & Acquisitions

Agilent Technologies Completes Acquisition of Adaptif Photonics

Agilent Technologies Inc. (NYSE: A) today announced it has completed the acquisition of Adaptif Photonics GmbH. Adaptif brings to Agilent key technology and products used for advanced polarization analysis and control for the test of optical components and systems in telecommunications, as well as in the sensors and laser market. The majority of Adaptif's employees have joined Agilent. Financial...

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Mergers & Acquisitions

Curtiss-Wright Acquires IMC Magnetics Corporation

Expands Leadership in Commercial Aerospace Controls ROSELAND, N.J., Sept. 4 -- Curtiss-Wright Corporation (NYSE: CW) announced today that it has acquired the stock of IMC Magnetics Corporation for approximately $37.5 million in cash. IMC produces solenoids, fans, motors and specialized products for numerous aerospace, commercial and industrial applications. The business will become part of...

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Mergers & Acquisitions

Autoweb Acquires European-Based Secorex

September 4, 2007 ROCHESTER HILLS, Mich. - Autoweb, a leading provider of software-based data management and interoperability solutions for the automotive, aerospace and manufacturing industries, has acquired Secorex, a consortium of four leading European software providers for the electronic exchange of technical and commercial business data. Announced in January 2007, Secorex is comprised of...

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Mergers & Acquisitions

SCHUNK Announces the Acquisition of GEMOTEC

SCHUNK is expanding its extensive Automation Component line with the acquisition of Gemotec Montagetechnik GmbH. Gemotec manufacturers a complete product range of modular assembly technology, consisting of pneumatically and electrically operated linear units, gripper modules and rotary actuators. The Gemotec components are proven in thousands of assembly applications and very well known...

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Mergers & Acquisitions

Rockford Process Control to Acquire Terry Hinge & Hardware

Patrick T. Derry, President and CEO of Rockford Process Control, a leader in the manufacturing of casework hardware for the wood-working and cabinet industry has announced the purchase of the assets of Terry Hinge and Hardware of Van Nuys, CA effective September 1st, 2007. The two successful names in the industry have joined forces to become a powerful team. Rockford Process Control has been...

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Mergers & Acquisitions

Aetna to Acquire Goodhealth Worldwide

HARTFORD, Connecticut, September 4 Acquisition Broadens Aetna Global Benefits' Expatriate Offerings; Expands Global Capabilities and International Presence Aetna (NYSE: AET) today announced that it has entered into an agreement to acquire Goodhealth Worldwide, a leading managing general underwriter (or underwriting agent) for international private medical insurance that offers expatriate benefits...

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Mergers & Acquisitions

Lubrizol to Purchase Croda's Refrigeration Lubricants Business

CLEVELAND, OH, September 3, 2007 - The Lubrizol Corporation (NYSE: LZ) and Croda International Plc have reached an agreement for Lubrizol to purchase Croda's refrigeration lubricants business. This business had revenues of approximately $84 million over the last twelve months. The acquisition includes Croda's polyol ester and alkyl benzene refrigeration lubricant technology, Emkarate® and...

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Mergers & Acquisitions

Cooper Lighting Announces Acquisition of io Lighting

Expanding portfolio of energy efficient LED products Peachtree City, Ga., August 27, 2007 - Cooper Lighting today announced that it has acquired Illinois-based io Lighting, a light-emitting diode ( LED") commercial lighting fixture company. io Lighting designs and manufactures technically advanced, environmentally friendly indoor and outdoor architectural products which include linear...

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