Mergers & Acquisitions

Mergers & Acquisitions

Wabtec Completes Acquisition of Becorit GmbH, A Leading European Rail Equipment Manufacturer

WILMERDING, Pa., December 4, 2006 -- Wabtec Corporation (NYSE: WAB) has completed the acquisition of Becorit GmbH, a leading manufacturer of technology-based friction products for the European railway industry, for $52.2 million in cash. Last week, Wabtec announced that it had signed a definitive agreement to acquire the company from U.K.-based BBA Aviation plc. Wabtec expects the acquisition to...

Read More »
Mergers & Acquisitions

Cooper Industries Announces the Acquisition of WPI Interconnect Products

Manufacturer of custom industrial, commercial and military connectors and cable assemblies HOUSTON, Jan. 3, 2007 -- Cooper Industries, Ltd. (NYSE:CBE) today announced the acquisition of WPI Interconnect Products, a Salem, New Jersey-based, privately owned manufacturer of custom connectors and cable assemblies for approximately $74.5 million. WPI is a leading manufacturer of customized connector...

Read More »
Mergers & Acquisitions

CoorsTek Acquires Gaiser Tool Company

CoorsTek expands micro-component capabilities and Asian presence with purchase of high-quality semiconductor bonding tool manufacturer. Ventura, California, January 3, 2007 - CoorsTek, Inc., a large technical ceramics supplier and manufacturer of critical components for high-technology markets, today officially announced the acquisition of Gaiser Tool Company, a high-quality ceramic precision...

Read More »
Mergers & Acquisitions

Wabtec Signs Definitive Agreement to Acquire Becorit GmbH, A Leading European Rail Equipment Manufacturer

WILMERDING, Pa., November 28, 2006 -- Wabtec Corporation (NYSE: WAB) has signed a definitive agreement to acquire Becorit GmbH, a leading manufacturer of technology-based friction products for the European railway industry, for approximately $50 million in cash. Based in Germany, Becorit has annual sales of approximately $30 million. Wabtec expects the transaction to close by early December and...

Read More »
Mergers & Acquisitions

Arcelor Mittal Acquires Sicartsa, The Leading Mexican Long Steel Producer

Â-· Acquisition of a 100% stake in Sicartsa, an integrated long steel mill in Mexico and Border Steel, a mini-mill in Texas, from Grupo Villacero. · Commercial 50/50 joint-venture with Grupo Villacero in Mexico and Southern US · Combination of Sicartsa with Mittal Steel Lázaro Cárdenas leads to the creation of Mexico's largest steel producer with an annual...

Read More »
Mergers & Acquisitions

Motorola to Acquire Tut Systems, Inc., Expand Portfolio of Next-Generation IPTV Video Processing and Distribution Capabilities

SCHAUMBURG, Ill. and LAKE OSWEGO, Ore., Dec. 21 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) and Tut Systems, Inc. (Nasdaq: TUTS) today announced that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Tut Systems common stock for $1.15 per share in cash. The transaction has a total equity value of approximately...

Read More »
Mergers & Acquisitions

Textron Systems Acquires Innovative Survivability Technologies

Providence, RI.- July 19, 2006 - In a move to advance expanded capabilities in the areas of precision engagement and vehicle system technologies, Textron Inc. (NYSE: TXT) today announced that its Textron Systems unit has acquired Innovative Survivability Technologies, Inc. (IST), a privately-held supplier of innovative defensive systems to military and homeland security customers. IST, which had...

Read More »
Mergers & Acquisitions

Thermo Electron Acquires ASYS to Enhance Bulk Materials Analysis Capabilities

San Diego, CA - September 26, 2006 - Thermo Electron Corporation, an industry leading producer of analytical and process instrumentation, today announced it has acquired the business and assets of Analyser Systems (ASYS), with operations in Escondido, California. ASYS is a manufacturer of a state-of-the-art, online elemental analyzer for the cement, coal and minerals industries. Terms of the deal...

Read More »
Mergers & Acquisitions

Thermo Fisher Scientific Acquires Provider of Sample Extraction and Liquid Chromatography Equipment

WALTHAM, Mass., Dec. 15 /-- Thermo Fisher Scientific Inc., the world leader in serving science, today announced it has acquired Massachusetts-based Cohesive Technologies Inc., a manufacturer of advanced sample extraction and liquid chromatography products. Cohesive has annual revenues of approximately $15 million. The Cohesive product line enhances the company's Thermo Scientific-branded...

Read More »
Mergers & Acquisitions

Olympus Acquires Assets of Opelco

will Sell Microscope and Imaging Systems Directly in Maryland, D.C., Virginia, the Carolinas, Bermuda CENTER VALLEY, Pa., December 20, 2006 -- Olympus America Inc. has announced an asset purchase agreement with Optical Elements Corporation (Opelco), a distributor and value added reseller of scientific instrumentation and systems based in Dulles, Va. Effective December 15, Olympus began directly...

Read More »