Mergers & Acquisitions

Mergers & Acquisitions

Atlas Copco Completes Acquisition of Company in Healthcare Sector

STOCKHOLM, Sweden-- Aug. 25, 2006--Atlas Copco North America Inc. has acquired Beacon Holdings Corporation (parent company to BeaconMedaes and Medaes), United States, from The Riverside Company. The BeaconMedaes group is a solutions provider, predominantly of medical air systems and medical utility delivery systems for hospitals. In 2005 revenues were approx. MSEK 720 (MEUR 77) and the operating...

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Mergers & Acquisitions

Schneider Electric Finalizes Acquisition of American Power Conversion, Creating a Worldwide Leader in Critical Power and Cooling Services

RUEIL-MALMAISON, France and WEST KINGSTON, R.I., Feb. 14 -- Schneider Electric (Euronext: SCHN) announced today the completion of the acquisition of American Power Conversion Corporation (NASDAQ:APCC) (APC) following satisfaction of the closing conditions of the merger agreement. The combination of APC and MGE UPS SYSTEMS creates a worldwide leader in the critical power and cooling services...

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Mergers & Acquisitions

Trimble Acquires INPHO GmbH to Address the Geospatial Information Industry

SUNNYVALE, Calif., Feb. 14 -- Trimble (NASDAQ:TRMB) announced today it has acquired privately-held INPHO GmbH of Stuttgart, Germany in an all-cash transaction. INPHO is a leader in photogrammetry and digital surface modeling for aerial surveying, mapping and remote sensing applications. Financial terms were not disclosed. As an end-to-end photogrammetry solutions supplier, INPHO's product...

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Mergers & Acquisitions

Telebyte, Inc. Completes Merger with TBTIA, Inc.

GREENLAWN, N.Y.-- Sept. 1, 2006--Telebyte, Inc. announced today that the merger with TBTIA Inc. previously approved by shareholders on July 21 was completed today and that former shareholders and option holders will be contacted by Telebyte's exchange agent with instructions for surrendering their common stock and exercising their options in exchange for the merger consideration of $1.02 per...

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Mergers & Acquisitions

Optical Communication Products, Inc. Announces Closing of Transaction with GigaComm Corporation

WOODLAND HILLS, Calif.-- Aug. 25, 2006--Optical Communication Products, Inc. (NASDAQ:OCPI), a leading manufacturer of optical subsystems and modules, today announced it has completed its acquisition of privately-held GigaComm Corporation, a Taiwan-based supplier of passive optical network (PON) fiber-to-the-home (FTTH) components, as previously announced on July 13, 2006. About Optical...

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Mergers & Acquisitions

Deere Agrees To Acquire LESCO, Inc., Leader In Landscape Consumables

MOLINE, Ill., Feb. 19: Deere & Company (NYSE:DE) and LESCO, Inc. (NASDAQ:LSCO) announced today that they have entered into a definitive merger agreement for Deere to acquire LESCO for $14.50 per common share in cash. LESCO, a Cleveland, Ohio-based company, is a leading supplier of consumable products, such as fertilizer, seed and chemicals, for lawn maintenance professionals and golf course...

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Mergers & Acquisitions

Dofasco Integration With Arcelor-Mittal to Proceed

HAMILTON, ON, Feb. 20: Dofasco President and Chief Executive Officer Jacques Chabanier announced today that, now that the US Department of Justice has required Arcelor-Mittal to divest its Sparrows Point facility, Dofasco's integration with Arcelor-Mittal can proceed. Proceeding with the integration of Dofasco and Arcelor-Mittal will allow Dofasco to benefit from being part of a larger North...

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Mergers & Acquisitions

Cooper Announces Tender Offer for Polaron plc

HOUSTON, Feb. 20: Cooper Industries, Ltd. (NYSE:CBE) today announced that its subsidiary, Cooper Controls (U.K.) Limited, made a binding offer for all outstanding shares of Polaron plc, a publicly traded company (LSE:POL) based in the United Kingdom. Polaron is a leading manufacturer of intelligent lighting control solutions predominantly in the non-residential construction market. For the year...

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Mergers & Acquisitions

GlaxoSmithKline Successfully Completes Tender Offer for Shares of PRAECIS PHARMACEUTICALS

PHILADELPHIA and LONDON, Feb. 16 -- GlaxoSmithKline plc (NYSE:GSK) announced today the successful completion of the tender offer by its wholly owned subsidiary Pilgrim Acquisition Corporation (PAC) for shares of common stock (including the associated preferred stock purchase rights) of PRAECIS PHARMACEUTICALS INCORPORATED (NASDAQ:PRCS). The depositary for the offer has advised GSK and PAC that...

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Mergers & Acquisitions

Parker Acquires Cabett Subsea

Adds Strength to Portfolio of Solutions for Oil and Gas Market CLEVELAND, Dec. 4 -- Parker Hannifin (NYSE: PH), the world leader in motion and control technologies, today announced the acquisition of Cabett Subsea, a designer and manufacturer of fluid handling systems and services used in deepwater oil and gas exploration and production. Revenues of the acquired business totaled approximately...

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