Mergers & Acquisitions

Mergers & Acquisitions

SKF USA Inc. Acquires Precision Balancing & Analyzing

SKF USA Inc. (Kulpsville, PA) has acquired Precision Balancing & Analyzing (PB&A), a spindle repair and upgrade company based in Mentor, OH. PB&A has annual sales of $7 million, 40 employees, and an additional facility in Atlanta, GA. The acquisition broadens SKF's global presence in spindle repair and related capabilities by expanding its Certified Spindle Service Network to 17 centers...

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Mergers & Acquisitions

Lista International Corporation to be Acquired by Capvis

Acquisition will bring increased global presence, expanded resources to Lista International Corporation Lista International Corporation, a leading manufacturer of workspace systems and modular storage cabinets, announces that its parent company Lista B&L Holding has agreed to be acquired by Capvis Equity II LP, exclusively advised by Capvis Equity Partners AG, Zurich, Switzerland's leading...

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Mergers & Acquisitions

Infor Accelerates Strategy, Increases Global Market Share With New Acquisitions

Extensity, Systems Union and SSA Global Acquisitions Broaden Offering; Annual Revenues Reach $2.1 Billion ATLANTA - August 2, 2006 - Infor, one of the largest global providers of enterprise software and a portfolio company of Golden Gate Capital, today announced it has accelerated its strategy of offering customers a choice of integrated enterprise software solutions and standalone best-in-class...

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Mergers & Acquisitions

National Technical Systems Completes Acquisition of Dynamic Labs

CALABASAS, CA - August 3, 2006 -National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of engineering services, announced today the acquisition of Dynamic Labs, an EMI and Environmental Testing Laboratory with locations in Phoenix, AZ and Austin, TX. The Phoenix laboratory offers EMI, Environmental and Dynamics testing for both the Aerospace and Defense industries, including...

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Mergers & Acquisitions

Management Buyout of Schaffner Test Systems Division to Allow Greater Product Development and Growth

EDISON, N.J., July 28, 2006 -- The Schaffner Group, based in Luterbach, Switzerland, today announced the sale of its test systems business line through a management buyout (MBO) to a group of investors led by Johannes (Johnny) Schmid, the head of the test systems division. Schaffner, a global company, has its U.S. headquarters in Edison, N.J. The EMC test systems business division contributed...

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Mergers & Acquisitions

Invensys Building Systems Merges with TAC

o Nearly US $1.3 billion in Combined Revenues Forecasted for 2006 o Creates Formidable Player in the Controls Market o Complete Solutions for Energy Efficiency in Buildings o Industry leading Open Integrated Systems o Full range of Security products BOSTON - July 31, 2006 - Schneider Electric, parent company of TAC, today announced the completion of the acquisition of Invensys Building Systems...

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Mergers & Acquisitions

Motorola to Acquire Broadbus Technologies, Extend Portfolio of 'Seamless Video Anywhere' Solutions

ROSEMONT, Ill., July 25 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today announced that it will acquire privately-held Broadbus Technologies, Inc., a Boxborough, Ma.-based provider of technology solutions for Television On-Demand (TOD(R)). Broadbus Technologies' industry-leading, carrier-class technology solutions enable the distribution of on-demand content to consumers through...

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Mergers & Acquisitions

Whitney Blake Company Announces Acquisition of Adirondack Wire & Cable

Strategic Acquisition Strengthens Whitney Blake's Presence in Telecom Industry Bellows Falls, VT- Whitney Blake Company, a leader in interconnect solutions, announces the acquisition of Adirondack Wire & Cable (AWC), a division of ASC Industries. AWC is a leading manufacturer of cable and cable assemblies for telecom, voice and data communications. Clear strategic synergies between the two...

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Mergers & Acquisitions

Illinois Tool Works Acquires QMI/Ever-Wear

DANVERS, MA - ITW Performance Polymers, an Illinois Tool Works company, has acquired QMI, Inc., a leading manufacturer of automotive and industrial maintenance fluids based in Lakeland, Florida. QMI/Ever-Wear specializes in lubricating and cleaning additives that contain PTFE (polytetrafluoroethylene) to enhance the performance and extend the longevity of engines and transmissions. These are sold...

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Mergers & Acquisitions

Philips Acquires Bodine, A Leading Player In Emergency Lighting Sector

Acquisition of market leader in North America positions Philips to enter new market segments Amsterdam, The Netherlands and Collierville, Tennessee - Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today that it acquired The Bodine Company, a leading Collierville, Tennessee-based manufacturer of emergency ballasts with revenues of over $30 million in 2005. The transaction is completed. No...

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