Mergers & Acquisitions

Mergers & Acquisitions

Avcorp Acquires Composites Operation

VANCOUVER, April 3: Avcorp Industries Inc. (TSX. AVP ) is pleased to announce that it has entered into an agreement to acquire all of the shares of Comtek Advanced Structures Ltd (Comtek), which has expertise in the design and low-cost manufacture of advanced composite aerostructures. The combined companies would possess an in-depth capability to design, manufacture and support a wide range of...

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Mergers & Acquisitions

AboveNet Acquires Metro Fiber from AT&T and Verizon

Fiber Access Facilities Expanded in Los Angeles, Chicago, New York, Washington/Baltimore and Philadelphia NEW YORK, April 4 -- AboveNet, Inc., a provider of fiber based connectivity solutions for businesses and carriers, today announced the acquisition of IRUs in, or service agreements for, 60 building access fiber connections held by AT&T in Los Angeles and Chicago as well as 180 building access...

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Mergers & Acquisitions

Acquisition of Centex Construction a Major Step in Balfour Beatty's U.S. Strategy

Balfour Beatty's U.S. revenues to top $3.5 billion in 2007/2008 DALLAS, April 5 -- Balfour Beatty plc, UK's largest construction company has completed the acquisition of Centex Construction, a leading U.S. construction management company, for a cash consideration of $367 million. The acquisition from Centex Corporation, a leading U.S. homebuilder, is a key milestone in the British construction,...

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Mergers & Acquisitions

CCC Information Services Inc. Acquires Integrated Collision Management

Move continues CCC's commitment to delivering leading workflow solutions to collision repairers CHICAGO, April 3 -- CCC Information Services Inc. announced today it has acquired Integrated Collision Management, a leading provider of shop management software to the collision industry. Today's move underscores CCC's commitment to helping repair facilities improve productivity throughout the repair...

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Mergers & Acquisitions

Parker Acquires Asian Technology Company Which Produces Critical Elastomer Seals for Precision Markets

CLEVELAND, April 3 -- Parker Hannifin Corporation (NYSE: PH), the world leader in motion and control technologies, today announced the acquisition of Rayco Technologies, an Asian elastomer and seal technology company with compounding, mixing and precision molding capabilities that serves several high-end markets such as electronics and medical. Revenues of the acquired business totaled...

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Mergers & Acquisitions

Racine Federated Announces the Acquisition of the Liquid Vortex Flow Meter Product Line from Asahi/America, Inc

Racine, Wisconsin, USA, April 1: Racine Federated Inc. (RFI), President and CEO John E. Erskine and Harry Aiba, CEO and Chairman of the Board of Asahi/America, Inc. of Malden, MA announce the signing of an agreement for the acquisition of the Asahi/America vortex flow meter product lines by Racine Federated. Asahi/America, Inc., a manufacturer and distributor of corrosion resistant thermoplastic...

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Mergers & Acquisitions

German Authorities Approve Acquisition of Evox Rifa Group Oyj by KEMET Corporation

Greenville, South Carolina (April 4, 2007) - KEMET Corporation (NYSE:KEM) today announced that the German competition authority has approved KEMET's acquisition of Evox Rifa Group Oyj through its wholly owned direct subsidiary, KEMET Electronics Corporation, pursuant to the public tender offer launched on March 12, 2007. KEMET has now received all necessary regulatory approvals for the...

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Mergers & Acquisitions

Basic Energy Services Agrees to Acquire Sledge Drilling Holding Corp.

MIDLAND, Texas, March 15: Basic Energy Services, Inc. (NYSE:BAS) ( Basic ) announced today it has signed a definitive agreement to acquire all of the outstanding capital stock of Sledge Drilling Holding Corp. ( Sledge ) for total consideration of approximately $51 million, including $10 million in shares of Basic common stock and repayment of Sledge's outstanding debt, plus certain working...

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Mergers & Acquisitions

Cree Completes Acquisition of COTCO Luminant Device

DURHAM, NC, April 2: Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, today announced that it has completed the acquisition of privately held COTCO Luminant Device Limited ( COTCO ), headquartered in Hong Kong. Cree's intention to acquire COTCO was announced March 12, 2007. The acquisition of COTCO, a leading supplier of high-brightness LEDs in China, provides Cree with strategic access to...

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Mergers & Acquisitions

Delta Coatings Acquires Federated Paint and Midwest Lacquer

MELROSE PARK, ILL. - April 2,: Delta Coatings Corporation, a developer and manufacturer of paints primers and environmental coatings used throughout the container and drum industries, OEM/General Industrial and transportation industries, today announced that it has acquired Federated Paint and Midwest Lacquer, a manufacturer of liquid coatings and lacquer paint products. The acquisition is...

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