K-Tron to Establish a Subsidary in the People's Republic of China by Acquiring Certain Assets of Wuxi Chenghao Machinery Co., Ltd.
Pitman, New Jersey - November 1, 2006 - K-Tron International, Inc. (NASDAQ-KTII) today announced the signing of a definitive agreement to acquire certain assets of Wuxi Chenghao Machinery Co., Ltd. ( Wuxi Chenghao"). Wuxi Chenghao is a privately held company and is one of the leading feeder and ancillary equipment manufacturers for the plastics compounding and injection industries in the People's...
Read More »Scribe Software Acquired by the Mustang Group
Bedford, NH - October 30, 2006 -- Scribe Software Corporation, a provider of data migration and integration software technology for leading Customer Relationship Management (CRM) systems and Enterprise Resource Planning (ERP) systems, today announced that the company has been acquired by The Mustang Group and key members of the Scribe management team. When one considers The Mustang Group's...
Read More »Announcement from Davis-Standard, LLC
(Pawcatuck, Conn.)-Davis-Standard, LLC is pleased to announce that the Company has been acquired by management and an investor group led by Hamilton Robinson LLC, a Stamford, CT based private equity firm. The acquisition supports Davis-Standard's strategy to grow its global converting and extrusion systems businesses as well as Chemtura Corporation's decision to divest of a non-core business and...
Read More »Lincoln Electric Announces the Acquisition of Metrode Products Limited
CLEVELAND, Ohio, U.S.A., October 31, 2006 -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has acquired Metrode Products Limited, a privately-held manufacturer of specialty consumables focused on the process and power generation industries. The Company expects the acquisition to contribute to earnings in its first year. We are very pleased to add the Metrode product line...
Read More »Sandvik To Acquire Chilean Implementos Mineros
STOCKHOLM, Sweden--Sept. 18, 2006--Sandvik (STO:SAND) (LSE:SDF) has signed an agreement with Implementos Mineros SA (Implemin), Chile, covering the acquisition of the company and its operations. Implemin is Latin America's leading producer and supplier of consumables for rotary drilling and RC (reverse circulation) drilling within mineral exploration. Implemin had sales of about SEK 90 M in 2005,...
Read More »Victaulic Purchases NIBCO Interest in NVent LLC
EASTON, Pa. (October 20, 2006) - Today piping industry leaders Victaulic Company and NIBCO Inc. announced that Victaulic has acquired full ownership of NVent LLC, a joint venture of the two companies located in Allentown, Pennsylvania. Under terms of the agreement, all manufacturing, sales, marketing and distribution efforts will now reside with Victaulic. NIBCO will continue to support the...
Read More »Couche-Tard Acquires 40 Stores in the Midwest (U.S.)
Alimentation Couche-Tard Inc. announces that it has, through an indirect wholly owned subsidiary, signed an agreement to purchase 40 stores and assume an additional 13 fuel supply contracts in the Midwest region. Should this transaction close as planned in March 2006, these acquisitions would add sales of approximately US $160 million to Couche-Tard's revenues and contribute to its earnings on an...
Read More »Norwegian Asset Swap Between Statoil and Shell
Enterprise Oil Norge AS, a wholly owned subsidiary of A/S Norske Shell, ( Shell") and Statoil ASA ("Statoil") today announced that they have agreed to swap a range of assets offshore Norway. In addition, Shell is to farm-in to three Statoil deepwater exploration licenses. The deals will increase Shell's share of the European gas supply market and provide access to important new development...
Read More »Alcoa Completes Sale of Home Exteriors Business To Ply Gem Industries
NEW YORK--(BUSINESS WIRE)--Alcoa announced today that it has completed the previously announced sale of its Home Exteriors business to Ply Gem Industries, Inc., for $305 million in cash. Alcoa announced its plan to divest the home exteriors business because it no longer fit with its core global building and construction business portfolio. The business has 1,400 employees and had 2005 revenues of...
Read More »Shell Reaches Agreement to Sell Bakersfield Refinery to Flying J subsidiary
Shell Oil Company (SOC) today announced that its Shell Oil Products US subsidiary has signed a definitive agreement to sell its Bakersfield Refinery, located in Bakersfield, California, to a wholly owned subsidiary of Flying J Inc. The Bakersfield Refinery, which began production in 1932 as the 1,500 barrel per day Mohawk Refinery, is located in California's Central Valley and today has the...
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