Mergers & Acquisitions

Mergers & Acquisitions

Redemtech Acquires Texas-Based PC Asset Recovery, Inc.

Acquisition Provides Streamlined IT Asset Recovery and Disposition Solutions for Small- to Mid-sized Businesses - COLUMBUS, Ohio, July 31 -- Redemtech (www.redemtech.com), a leading provider of Technology Change Management (TCM) services, today announced the acquisition of PC Asset Recovery, Inc., an IT asset recovery and computer recycling company targeting the mid-market. The acquisition...

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Mergers & Acquisitions

Sensata Technologies B.V. Announces the Closing of Airpax Holdings, Inc.

ATTLEBORO, Mass., July 27 -- Sensata Technologies, Inc., a wholly-owned, indirect subsidiary of Sensata Technologies B.V., today announced that it has closed the previously announced acquisition of Airpax Holdings, Inc., a manufacturer of components and systems for power protection, sensing and control applications. The purchase price was $276 million, plus fees and expenses. Sensata closed the...

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Mergers & Acquisitions

Norkom Technologies Consolidates Global Leadership & Accelerates Growth with Acquisition of Digital Harbor

DUBLIN, July 31/ -- Norkom Technologies, the leading provider of financial crime and compliance software to the global financial services industry, has today announced the acquisition of US based Digital Harbor; a company whose solution set and domain expertise complements its own. The deal will expand Norkom's client base, accelerate its global growth strategy and fast track Norkom's stated...

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Mergers & Acquisitions

Nucor To Acquire LMP Steel & Wire

CHARLOTTE, N.C., Aug. 2 / -- Nucor Corporation (NYSE:NUE) announced today that it has entered into an agreement to acquire substantially all of the assets of LMP Steel & Wire Company ( LMP") for a cash purchase price of approximately $28 million. Finalization of the acquisition will occur after satisfactory resolution of any regulatory approvals, transfer of appropriate permits and other...

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Mergers & Acquisitions

Huntsman and Flint Hills Resources Close on Sale of U.S. Polymers Business

Sale of Port Arthur Base Chemicals Business to Close upon Plant Restart THE WOODLANDS, Texas, Aug. 1 -- Peter R. Huntsman, President and CEO of Huntsman Corporation (NYSE:HUN), today announced that Huntsman and Flint Hills Resources, LP, an independent, wholly owned subsidiary of Koch Industries, Inc., have closed on the sale of Huntsman's U.S. Polymers business. The parties will close on the...

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Mergers & Acquisitions

iCrossing Inc. Acquires Web Development Leader Proxicom

Acquisition Creates the Largest Privately-Held Global Digital Marketing Company SCOTTSDALE, Ariz., July 30 -- iCrossing Inc. (www.icrossinginc.com), a global digital marketing company, announced it has acquired Web development agency Proxicom, Inc. The deal combines iCrossing's best-in-class digital marketing services and technologies with Proxicom's world-class Web and application development...

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Mergers & Acquisitions

Imation Closes Acquisition of TDK Brand Recording Media Business for Approximately $260 Million in Stock and Cash

OAKDALE, Minn., July 31 -- Imation Corp. (NYSE:IMN) today announced that it has completed the previously announced acquisition of the TDK brand recording media business and use of the TDK brand name for recording media products worldwide, for a combination of Imation common stock and cash. Imation issued to TDK Corporation 6.8 million shares of Imation common stock, representing 16.6 percent of...

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Mergers & Acquisitions

Toyota Acquires Prolift Industrial Equipment Co., LLC

IRVINE, Calif. (February 28, 2007) Toyota Material Handling, U.S.A., Inc. (TMHU) announced today the acquisition of ProLift Industrial Equipment Co., LLC, one of Toyota's most successful lift truck dealerships based in Louisville, Ky., with branches in Evansville, Ind.; Cincinnati, Ohio; Lexington, Ky.; Dayton, Ohio; Elkins; W. Va. and Indianapolis, Ind. The new company, Toyota Material Handling...

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Mergers & Acquisitions

Schneider Electric Further Expands Its Building Automation Offering With the Acquisition of Pelco, a Worldwide Leader of Video Security

Rueil-Malmaison, France, August 1, 2007 - Schneider Electric announced today the acquisition of California-based Pelco Inc., a privately held company. Pelco is a worldwide leader in the design, development and manufacturing of video security systems. Pelco will further strengthen Schneider Electric's Building Automation offering Commercial, industrial and residential buildings represent more than...

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Mergers & Acquisitions

Rami Technology Group Acquires Raltron Electronics

Raltron to continue as a Rami Technology Group subsidiary Miami, Fl. July 5, 2007 Raltron Electronics Corp., Miami FL announced today that it had been acquired by the Rami Technology Group of Hong Kong. In making this announcement Raltron stressed the fact that the company will continue to market its complete range of products under the Raltron name as it continues to manufacture at its Miami,...

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