Mergers & Acquisitions

Mergers & Acquisitions

International Specialty Products Acquires Oilfield Chemicals Business, Techwax LTD

WAYNE, N.J. - December 19, 2006 - International Specialty Products (ISP, Wayne, New Jersey, USA) today announced that, through one of its subsidiaries, it has acquired the business of UK-based oil field chemicals manufacturer, Techwax LTD ( Techwax ). Established in 1991, Techwax is a leading manufacturer of a broad line of chemicals utilized in the oilfield services sector for drilling mud, oil...

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Mergers & Acquisitions

Greif Acquires Leading USA Oil and Specialty Chemical Packager

DELAWARE, Ohio (Sept. 22, 2006) - Greif, Inc. (NYSE: GEF, GEF.B) has acquired Delta Petroleum Company, Inc. from Riverside Company in Cleveland. Delta is the largest privately owned blender and packager of lubricants, chemicals, and glycol-based products in North America, with revenues of more than $182 million. Terms of the deal were not disclosed. Greif expects the earnings to be accretive to...

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Mergers & Acquisitions

Harris Group Inc. Opens Texas Office

SEATTLE, March 9: Harris Group Inc., headquartered in Seattle, Washington has acquired the Richardson, Texas office of a major engineering firm. The office is home to 20 highly qualified professionals in the heavy process industry -- in particular, oil and gas. This seasoned group of individuals has worked together for over 25 years and adds specialized expertise to Harris Group's expanding US...

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Mergers & Acquisitions

Greif Expands In Europe and Asia

DELAWARE, Ohio, USA (Oct. 26, 2006) - Greif, Inc., (NYSE: GEF, GEF.B) has signed a definitive purchase agreement to acquire Blagden Packaging Group's steel drum manufacturing and closures business in Europe and Asia, subject to certain conditions. The net sales of the acquired activities are approximately US $265 million on an annualized basis. Terms of the deal, which is anticipated to close in...

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Mergers & Acquisitions

Avantcé Software Completes Acquisition of Radcliffe, Inc.

Toronto, Ontario - March 1, 2007 - Avantcé Software announced today that it has completed the acquisition of Radcliffe, Inc., a provider of Warehouse Management Solutions that optimize and enable supply chains. Radcliffe will be combined with Robocom Systems International, Avantcé's existing supply chain execution portfolio company. The combination of Robocom and Radcliffe creates a Supply...

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Mergers & Acquisitions

Superior Manufacturing Group Acquires Teknor Apex Food Service Matting Division

Chicago, Illinois - Jan 2007 - Superior Manufacturing Group (SMG), announces that it has purchased the Food Service Matting Division of Teknor Apex, effective Tuesday January 2nd, 2007. With this acquisition, Superior Manufacturing Group now becomes an industry leading supplier of floor matting to the food service industry with the formation of the new NoTrax® Food Service Matting Division. In...

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Mergers & Acquisitions

Sandvik Acquires Australian Hydramatic Engineering

SANDVIKEN, Sweden--Sandvik (STO:SAND) has reached an agreement to acquire Hydramatic Engineering Pty Ltd (Hydramatic). Hydramatic is a leading designer and manufacturer of specialized, innovative drilling/bolting machines under the brand ARO, used for the installation of strata control in underground mines and tunnels. Based on strong engineering performance, good products and high R&D...

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Mergers & Acquisitions

RedPrairie Corporation Acquires GEOCOMtms

Acquisition Addresses Shippers' Critical Need for Fleet Management Solutions and Extends RedPrairie's E2e(TM) Global Transportation Solution to Address Last Mile, Same Day Delivery Milwaukee, WI - RedPrairie Corporation, a leading consumer driven optimization company, announced today that it has completed its acquisition of GEOCOMtms. The combined company, operating under the name RedPrairie...

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Mergers & Acquisitions

Doncasters Announces Acquisition of FastenTech

MELBOURNE, United Kingdom --Doncasters, the international precision engineering group, has entered into a definitive agreement to acquire US-based manufacturer of fasteners and precision components FastenTech Inc. from Citigroup Venture Capital for $492 million. The deal is subject to the customary regulatory approvals. The Doncasters Group supplies precision components and assemblies to the...

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Mergers & Acquisitions

Celadon Group Announces Acquisition of Truckload Van Assets from Warrior Xpress

INDIANAPOLIS-- Celadon Group Inc. (Nasdaq:CLDN) announced that on Wednesday, Feb. 28, 2007, one of its wholly-owned subsidiaries purchased the truckload business and certain tractors and trailers of Warrior Services Inc. d/b/a Warrior Xpress ( Warrior ) for approximately $8.3 million. According to the seller's unaudited financial statements, the Charles City, Virginia-based transportation company...

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