Mergers & Acquisitions

Mergers & Acquisitions

Universal Trailer, the Nation's Largest Specialty Trailer Company, Completes Merger with Featherlite, Inc.

CINCINNATI--Universal Trailer Holdings Corp. (UTC) has announced that one of its subsidiaries has completed its merger with Featherlite, Inc. (Nasdaq:FTHR), and Featherlite has become a wholly-owned subsidiary of UTC. With the closing, Featherlite, a major American aluminum trailer manufacturer with a network of over 220 dealers in the U.S., Canada, Australia and Europe, joins UTC's family of...

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Mergers & Acquisitions

All-Flo Pump Company Acquires Graphic Systems International

All-Flo Pump Company Inc., based in Mentor, Ohio, manufacturer of air-operated double diaphragm pumps, is pleased to announce the acquisition of Graphic Systems International. Inkblender automated ink dispensing systems will now benefit from All-Flo's 25 years of design, manufacturing, and engineering experience in the fluid transfer industry. Product enhancements that you will see in the new and...

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Mergers & Acquisitions

GE's Rail Services Unit Announces Acquisition of Allrail Services

CHICAGO--(BUSINESS WIRE)--GE announced it is entering into an agreement to purchase the assets of privately held Allrail Services. Allrail provides railcar maintenance services through mobile repair units (MRU) and mini-repair shops to customers. The terms of the transaction were not disclosed. Closing is currently scheduled for November 2006. This acquisition greatly complements our ability to...

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Mergers & Acquisitions

GE Industrial to Acquire Microwave Data Systems

Acquisition opens growth opportunities in $1.3 billion global industrial wireless market segment LOUISVILLE, Ky. and SANTA BARBARA, Ca. - January 5, 2007 - GE Industrial, a unit of General Electric (NYSE:GE), and Moseley Associates have announced the signing of an agreement for GE to acquire the assets of Rochester, NY-based Microwave Data Systems (MDS), a subsidiary of Moseley Associates and a...

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Mergers & Acquisitions

Wabtec Acquires Schaefer Equipment, Inc., the Leading Manufacturer of Forged Brake Rigging Components

WILMERDING, Pa., October 9, 2006 -- Wabtec Corporation (NYSE: WAB) today announced that it has acquired Schaefer Equipment, Inc., the leading manufacturer of forged brake rigging components for freight cars, for $36 million in cash. Based in Warren, Ohio, Schaefer Equipment has annual sales of about $30 million. Wabtec expects the transaction to be accretive immediately. With its world-class...

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Mergers & Acquisitions

Ellison Technologies Acquires Ohio-Based Jackson Machinery Company

Customers to Benefit from Combined Companies; Provides Ellison with a Toehold in Major US Industrial Centers Cleveland, Ohio, January 3, 2007 - Ellison Technologies, Inc., a leading provider of engineered systems and industrial equipment to American metal-working and metal-cutting manufacturers, has acquired Jackson Machinery Company, a privately held distributor based outside of Cleveland, Ohio....

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Mergers & Acquisitions

L-3 Communications Completes the Acquisition of TRL Electronics; A UK Leader in Secure Radio and Satellite Communications for Defense and Homeland Security Applications

NEW YORK--July 18, 2006--L-3 Communications (NYSE: LLL) announced today that it has completed the acquisition of TRL Electronics plc (TRL) (LSE: TRL.L) for a total cash consideration of GBP 95.9 million (approximately US $176.2 million). L-3 UK has submitted a request to AIM (the Alternative Investment Market of the London Stock Exchange) for the cancellation of the admission to AIM and the...

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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...

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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...

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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...

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