Mergers & Acquisitions

Mergers & Acquisitions

Nucor to Acquire Magnatrax

CHARLOTTE, N.C., June 25 / -- Nucor Corporation (NYSE:NUE) announced today that it has entered into a Merger Agreement pursuant to which Nucor will acquire Magnatrax Corporation ( Magnatrax ), via the merger of Magnatrax with a wholly owned subsidiary of Nucor, for a cash purchase price of approximately $280 million. Finalization of the acquisition will occur after satisfactory resolution of...

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Mergers & Acquisitions

ICE Announces Definitive Agreement to Acquire Winnipeg Commodity Exchange

ATLANTA, June 22 / -- IntercontinentalExchange, Inc., the leading electronic energy marketplace and soft commodity exchange, announced that it has entered into a definitive agreement to acquire the Winnipeg Commodity Exchange (WCE), the leading agricultural commodity futures and options exchange in Canada and home to the world's leading canola futures contract. The acquisition of the WCE and its...

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Mergers & Acquisitions

Intertek Acquires ASTA BEAB Certification Services

Provides manufacturers with increased testing and certification efficiencies and faster market access Intertek (LSE: ITRK), a global leader in testing, inspection and certification, today announces its acquisition of ASTA BEAB Certification Services. With more than 65 years of experience, the UK-based ASTA BEAB, is recognized globally as a benchmark for quality and reliability throughout the...

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Mergers & Acquisitions

ITW Performance Polymers Acquires M&C Specialties

DANVERS, MA - ITW Performance Polymers, an Illinois Tool Works company, has acquired M&C Specialties Co., a Pennsylvania-based contract manufacturer of custom-fabricated die-cut adhesive components, tapes, and labels to markets around the world. M&C Specialties also sells adhesive subassemblies, foils, and double- and single-coated foams. Services include precision rotary and flatbed die cutting,...

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Mergers & Acquisitions

Colonial Tool Group Inc. Purchases Advanced Cutting Tool Systems, Inc.

Windsor, Ontario-based Colonial Tool Group Inc. has purchased the business of Advance Cutting Tool Systems, Inc., also located in Windsor, Ontario. The announcement is being made by Paul Thrasher and Brett Froats, two of the principal partners at Colonial Tool Group, 1691 Walker Road, Windsor, Ontario, Canada, telephone (519) 253-2461. Advance Cutting Tool Systems, Inc. is a manufacturer of...

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Mergers & Acquisitions

Aspen Technology Announces Acquisition of Australian Channel Partner

Acquisition of Plant Solutions PTY LTD Australian Channel Partner Strengthens Presence in Asia Pacific Region CAMBRIDGE, Mass. - June 7, 2007 - Aspen Technology, Inc. (Nasdaq: AZPN), a leading provider of software and services to the process industries, today announced its acquisition of Plant Solutions Pty, Ltd., AspenTech's alliance partner in Australasia (Australia, New Zealand and Papua New...

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Mergers & Acquisitions

Delco Sales Acquires Benisek Sales, Strengthens Sloan Valve Company's Presence in Key Markets

FRANKLIN PARK, IL - Sloan Valve Company has announced that effective June 1, 2007, Benisek Sales has been acquired, in total, by Delco Sales, combining the organizations to serve the burgeoning Southern California marketplace. The Sales and Service team from the Benisek organization will remain in place aided by the resources of Delco Sales. The announcement was made by John Aykroyd, National...

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Mergers & Acquisitions

ISS And Glass Lewis Recommend Terayon Stockholders Vote 'For' Proposed Merger

SANTA CLARA, Calif., June 25 // -- Terayon Communication Systems, Inc. (Pink Sheets: TERN.PK) (Terayon or the Company) announced today that Institutional Shareholder Services (ISS) and Glass, Lewis & Co. (Glass Lewis), two leading independent proxy advisory firms, recommend that Terayon stockholders vote FOR the Company's proposed merger with a subsidiary of Motorola, Inc. at the special meeting...

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Mergers & Acquisitions

Wells Fargo to Acquire CIT's Construction Unit

SAN FRANCISCO and NEW YORK, June 21 -- Wells Fargo & Company (NYSE:WFC) and CIT Group Inc. (NYSE:CIT) today signed a purchase agreement for Wells Fargo to acquire CIT Construction, the U.S. construction lending business unit of CIT. CIT Construction had $2.4 billion in assets and 235 employees as of March 31, 2007. Terms of the agreement were not disclosed. The acquisition is expected to be...

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Mergers & Acquisitions

EMS Group Acquires Clear Lake Based, EFSI

Houston, TX, June 18, 2007 - Energy Maintenance Services Group I, LLC (EMS Group); recognized as one of the largest providers of pipeline operations & maintenance in the United States, announced the successful acquisition of Energy Facility Services, Inc. ( EFSI ), a leak detection, mechanical repair and environmental services company headquartered out of Clear Lake, Texas, with operational...

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