Mergers & Acquisitions

Mergers & Acquisitions

Spinnaker Holdings Purchases Itasca Systems

EGG HARBOR, WIS. - Spinnaker Holdings, LLC has purchased Itasca Systems, a coil winding machinery and automation company based in Egg Harbor, Wis., according to Charles Brumder, owner and president of Spinnaker Holdings. The new company will be called Itasca Automation Systems, Brumder said. This is a milestone event for our company," Brumder said. "We will now be able to make significant...

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Mergers & Acquisitions

3M To Acquire Aerion Technologies Inc.; Acquisition Of Gas Detection Systems Expands 3M Safety Product Line

ST. PAUL, Minn.--(BUSINESS WIRE)--Aug. 4, 2006--3M announced today that it has entered into a definitive agreement to acquire Aerion Technologies Inc., a Denver, Colo.-based provider of environmental monitoring products including gas detection systems. Terms of the transaction were not disclosed. This acquisition broadens 3M's spectrum of safety products - for detection and protection to...

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Mergers & Acquisitions

Merger of Two Longtime Material Handling Distributors Focuses on Commitment

o Newly-merged Conveyer & Caster Equipment for Industry Expands Facilities in Ohio City o New Logo and Identity Adopted: We Keep Your Business Rolling" CLEVELAND -- Two Cleveland companies with a long and successful heritage in the material handlingdistribution business have merged and are maintaining their headquarters in the city. Conveyer & Caster Corporation and Equipment for Industry,...

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Mergers & Acquisitions

Ashland Acquires the Assets of Nanjing Clear Environment Protection Co. Ltd. to Increase its Water Technologies Business in China

NANJING, China - Ashland Inc. (NYSE: ASH) announced today that it has acquired the assets of Nanjing Clear Environment Protection Co. Ltd., executing its strategy to further invest in the water treatment business in the rapidly expanding Chinese market. Ashland has formed a new company, Ashland (Nanjing) Chemical Co. Ltd., which will integrate Nanjing Clear with Ashland's existing water...

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Mergers & Acquisitions

Southco Expands Marine Hardware Line with Acquisition of Orcas Marine Products

Concordville, PA, November 1, 2006-Southco Inc. has expanded its line of products for the boat building industry with the acquisition of Orcas Marine Products, Inc., of Crystal River, Florida, which designs and manufactures a line of stainless steel marine deck hardware. According to Richard Hipp, general manager of Southco's Marine, Recreational Vehicle and Caravan business unit, the Orcas...

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Mergers & Acquisitions

QUALCOMM Acquires nPhase, Leading Provider of Machine-to-Machine Solutions

Acquisition Strengthens QUALCOMM's Leadership in Machine-to-Machine Market by Enhancing Support for Fixed Assets SAN DIEGO - November 16, 2006 - QUALCOMM Incorporated (Nasdaq: QCOM), a leading provider of business-to-business wireless enterprise applications and services, today announced that it has acquired Chicago-based nPhase LLC, a leading provider of machine-to-machine solutions that allow...

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Mergers & Acquisitions

Chevron to Acquire Shell's Downstream Assets in Cameroon

SAN RAMON, Calif., Nov. 30, 2005 -- Chevron Global Marketing today announced that subsidiaries of Chevron Corporation, the parent company of Texaco Cameroon, have reached an agreement to acquire the holdings of Societe Shell du Cameroun, which includes 49 service stations as well as certain other in-country assets. Chevron's interests in Cameroon date back to the 1950s and currently include 84...

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Mergers & Acquisitions

Speedy Lifting's Acquisition of LGH Group plc. Opens New Doors for Lifting Gear Hire Corporation in the United States

Bridgeview, Illinois- Nov 06, 2006- Speedy Lifting has announced the general purchase of Lifting Gear Hire Group plc. (U.K. Operation) - the rigging equipment company founded by Bill Parkinson back in 1970. Parkinson had this to say, We are pleased with the deal and look forward to focusing our time and resources to concentrate on the remaining Parkinson family businesses including LGH Winches,...

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Mergers & Acquisitions

Motorola To Extend Portfolio Of Voice And Data Solutions For The Connected Home Through Acquisition Of Netopia, Inc.

SCHAUMBURG, Ill. and EMERYVILLE, Calif., Nov. 14 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) and Netopia, Inc. (Nasdaq: NTPA) announced today that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Netopia common stock for $7.00 per share in cash. The transaction has a total equity value of approximately $208...

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Mergers & Acquisitions

Ametek Aquires Precitech

Paoli, PA, November 6, 2006 -- AMETEK, Inc. (NYSE: AME) today announced the acquisition of Precitech, a leading manufacturer of ultra-precision machining systems for a variety of markets, including nanotechnology, military, defense, and ophthalmic. Precitech was acquired from a shareholder group led by American Capital Strategies Ltd. (NASDAQ: ACAS), a publicly traded buyout and mezzanine fund,...

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