Mergers & Acquisitions

Mergers & Acquisitions

Parker Adds Sensors to Hydraulic Portfolio With Acquisition of Power Components of Midwest, Inc.

CLEVELAND, Oct. 12- Parker (NYSE: PH), the world leader in motion and control, today announced the acquisition of Power Components of Midwest Inc., a designer and manufacturer of sensors and switches for original equipment manufacturers in the agricultural, off-road vehicle, heavy truck and general industrial markets. Revenues of the acquired business were approximately $19 million for the year...

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Mergers & Acquisitions

3M Completes Acquisition of Security Printing and Systems Limited

ST. PAUL, Minn.----Aug. 1, 2006--3M announced today that it has completed the acquisition of Security Printing and Systems Limited (SPSL), a leading producer of finished, personalized passports and secure cards headquartered in Manchester, U.K. The addition of SPSL to 3M's line of products for secure documents such as passports, ID cards, driver's licenses and visas, and secure document issuance...

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Mergers & Acquisitions

Cooper Announces the Acquisition of Polaron plc

UK-based manufacturer of intelligent lighting control solutions HOUSTON, March 14, 2007 -- Cooper Industries, Ltd. (NYSE:CBE) today announced that its subsidiary, Cooper Controls (U.K.) Limited, has acquired over 93 percent of the outstanding shares of Polaron plc, a publicly traded company (LSE:POL) based in the United Kingdom. Cooper Controls is exercising its right to acquire the remaining...

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Mergers & Acquisitions

Global IP Solutions Announces Partnership With Paradial

Partnership Brings Firewall/Network Address Translation (NAT) Traversal Solution For All SIP-Based Multi-Media Providers SAN FRANCISCO - March 14, 2007 - Global IP Solutions (GIPS), the leading provider of embedded media processing solutions, announced today that it has partnered with Paradial, the leader in IP connectivity solutions. The partnership will provide all SIP-based multi-media...

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Mergers & Acquisitions

Leggett & Platt Commercial Vehicle Products Group Completes Acquisition of Gamber-Johnson

STEVENS POINT, Wis., March 13: Leggett & Platt Commercial Vehicle Products (CVP) Group has completed the transfer of ownership transaction of Gamber-Johnson, renowned manufacturer of rugged docking stations and vehicle mounts. The CVP Group, comprised of industry leading manufacturers Masterack, Crown North America, Team Fenex and America's Body Company, is part of Missouri-based Leggett & Platt,...

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Mergers & Acquisitions

Xantrex Announces Closing of Acquisition of Elgar Electronics

VANCOUVER, March 12: Xantrex Technology Inc. (TSX:XTX) today announced it has completed the acquisition of Elgar Electronics Corporation, a leading provider of programmable power products and systems for $108 million in cash. Acquiring Elgar is an important milestone for Xantrex," said Mossadiq Umedaly, Xantrex Chairman. "With Elgar, Xantrex will be the leader in programmable power with the...

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Mergers & Acquisitions

Dover Corporation Acquires Pole/Zero Corporation

NEW YORK, Feb. 27 -- Dover Corporation (NYSE:DOV) announced today that its Dover Electronics subsidiary has completed the acquisition of Pole/Zero Corporation. Terms of the transaction were not disclosed. With the acquisition of Pole/Zero, the Microwave Products Group (MPG) of Dover Electronics' Components Group will have annualized sales in excess of $100 million. Pole/Zero, based near...

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Mergers & Acquisitions

OpenSystems Publishing Purchases Assets of MIL/COTS DIGEST - Enhancing Circulation and Expanding New MIL-COTS Products Coverage

OpenSystems Publishing (OSP), LLC, today announced that it has purchased the assets of MIL/COTS DIGEST. This primarily-product-focused publication brought information and news concerning COTS products and technology to engineers, engineering managers, and program managers in a tabloid format. The MIL/COTS DIGEST name and web site will be added to OpenSystems Publishing's Military Embedded Systems...

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Mergers & Acquisitions

Baldor To Acquire the Power Systems Business of Rockwell Automation, Inc.

Baldor Electric Company (NYSE:BEZ) markets, designs, and manufactures industrial electric motors, drives and generators and is based in Fort Smith, Arkansas. Today Baldor announced that it has signed a definitive agreement to acquire the Reliance Electric Company and certain of its affiliated companies (the Power Systems business") of Rockwell Automation, Inc. (NYSE:ROK). Baldor will purchase...

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Mergers & Acquisitions

Steel Technologies Announces Merger Agreement with Mitsui

LOUISVILLE, Ky.--Steel Technologies Inc. (NASDAQ: STTX) today announced the signing of a definitive merger agreement with Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd. (TSE:8031) (collectively Mitsui"), pursuant to which Steel Technologies and a subsidiary of Mitsui will merge and Steel Technologies' shareholders will receive $30 per share in an all-cash...

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