Mergers & Acquisitions

Mergers & Acquisitions

Xantrex to Acquire Elgar and Enhance its Position as a World Leader in Advanced Power Electronics

VANCOUVER, Jan. 29: Xantrex Technology Inc. (TSX:XTX) announced today a strategic expansion of its programmable power business. Xantrex has entered into a definitive agreement to acquire Elgar Electronics Corporation for US$108 million in cash. Elgar, headquartered in San Diego, California, is a leading provider of programmable power products and systems with the broadest product portfolio in the...

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Mergers & Acquisitions

Harris Corporation's Microwave Communications Division and Stratex Networks, Inc. Complete Merger Creating a New Company - Harris Stratex Networks, Inc.

Combination Creates Largest Independent Global Provider of Wireless Transmission Network Solutions MELBOURNE, Fla. and SAN JOSE, Calif., Jan. 26 -- Harris Corporation (NYSE:HRS) and Stratex Networks, Inc. (NASDAQ:STXN) today announced the completion of the transaction that has created a new company -- Harris Stratex Networks, Inc. The new company brings together the former Harris Microwave...

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Mergers & Acquisitions

Kennametal to Acquire Remaining Ownership Interest in Spanish Affiliate

LATROBE, Pa., Jan. 29 -- Kennametal Inc. (NYSE:KMT) announced today that it has entered into a definitive agreement to acquire the remaining ownership interest in its Spanish affiliate, KENCI, S.A. Closing is planned for early April 2007 and remains subject to customary regulatory approvals and negotiated conditions of closing. KENCI has served as Kennametal's sales and service affiliate in Spain...

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Mergers & Acquisitions

MDS Offers to Acquire Molecular Devices for US$615 Million in Major Expansion of MDS Sciex Business

New MDS business unit offers broader array of customer solutions by combining leadership positions in Mass Spectrometry and Cellular Analysis Outstanding potential to exploit combined R&D expertise, a strengthened distribution channel and global manufacturing footprint Transaction expected to bring US$190 million in revenue and US$45-$50 million in EBITDA in the first year of ownership SUNNYVALE,...

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Mergers & Acquisitions

Du-Co Ceramics Company Acquires Assets Of Saxonburg Ceramics, Inc.

Du-Co Ceramics Company and Saxonburg Ceramics, both headquartered in Saxonburg, Pennsylvania, recently announced that Du-Co Ceramics is acquiring certain assets of the 83 year old Saxonburg Ceramics who will be closing it's Saxonburg manufacturing facility. Du-Co Ceramics Company, an ISO 9001:2000 certified manufacturer, is a leading producer of precision ceramic components at work in a myriad of...

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Mergers & Acquisitions

MRV Announces Definitive Agreement to Acquire Fiberxon

MRV to Combine Fiberxon With Luminent With the Goal of Creating One of the Largest, Most Comprehensive Manufacturers of Optical Transceivers for Telecommunication Networks CHATSWORTH, Calif., Jan. 26 -- MRV COMMUNICATIONS, INC. (NASDAQ:MRVC) announced today that it has entered into a definitive agreement to acquire Fiberxon, Inc., a leading supplier of transceivers for Metro, Access, and PON...

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Mergers & Acquisitions

Schenck Process Announces the Acquisition of Stock Equipment Company

WHITEWATER, WI - Schenck Process announces the acquisition of Stock Equipment Company. The acquisition further strengthens the position of Schenck Process as the leading global supplier of weighing, feeding, screening, and automation solutions throughout the process industries. Stock, together with its Redler and Solvera products is the global leader in the design, manufacture, and sale of highly...

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Mergers & Acquisitions

Clean Harbors Completes Acquisition of Ensco Caribe, Inc. in Puerto Rico, and Forms Clean Harbors Caribe, Inc.

Norwell, MA - January 22, 2007 - Clean Harbors, the leading provider of environmental and hazardous waste management services throughout North America, today announced that it has completed the acquisition of Ensco Caribe, Inc., an environmental services and emergency response company based in San Juan, Puerto Rico. Clean Harbors acquired all of the membership interests in Ensco Caribe. Combined...

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Mergers & Acquisitions

Cardinal Health to Sell Pharmaceutical Technologies and Services Segment to the Blackstone Group for $3.3 Billion

Leading contract-manufacturing, development and packaging business for the pharmaceutical and biotechnology industries to broaden Blackstone's health- care presence DUBLIN, Ohio, Jan. 25 -- Cardinal Health, the leading provider of products and services supporting the health-care industry, today announced it has reached an agreement to sell its Pharmaceutical Technologies and Services (PTS)...

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Mergers & Acquisitions

RR Donnelley Completes Purchase of Perry-Judd's Holdings, Inc.

CHICAGO, Jan. 25: R.R. Donnelley & Sons Company (NYSE:RRD) today announced that it has completed its previously announced purchase of Wisconsin-based Perry-Judd's Holdings, Inc., a privately-owned printer of magazines and catalogs. The $176 million acquisition was announced on December 20, 2006. In connection with the closing of the purchase, Perry- Judd's Holdings, Inc. sent a notice to holders...

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