Mergers & Acquisitions

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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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...

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Mergers & Acquisitions

Arcelor Mittal Acquires Sicartsa, The Leading Mexican Long Steel Producer

-· 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 capacity of 6.7 million tons...

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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...

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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...

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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...

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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...

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