Mergers & Acquisitions

Mergers & Acquisitions

ADM to Expand Chocolate Manufacturing Capabilities in Europe

DECATUR, Ill., Sept. 8-- Archer Daniels Midland Company (NYSE:ADM) today announced the expansion of its industrial chocolate manufacturing capabilities in Europe through the acquisition of Classic Couverture, a Liverpool, United Kingdom-based chocolate manufacturer, from Edward Billington and Son Ltd. This acquisition provides a solid platform for ADM Cocoa's expansion in European industrial...

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Mergers & Acquisitions

Norbain Acquires Business in Poland

The Upperpoint Group has acquired the business of Aasset Security Poland from its owner Mariusz Wojtas, who will continue to run the business under the Norbain umbrella. The company will be named Norbain Polska and aims to provide the Polish marketplace with the very best levels of service and technical support for which Norbain is renown. Commenting on the deal, Alun John, CEO of Upperpoint...

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Mergers & Acquisitions

Mitsui to Invest 18 Billion Yen in Erdos EPM

Tokyo (JCN) - Mitsui announced today that it had reached a basic agreement with Erdos Electrical Power & Metallurgical Co., Ltd. in Inner Mongolia, China, to acquire a 25% share in Erdos EPM through a third-party allotment of newly issued shares and a purchase of shares from an existing shareholder. The total investment amount, which is expected to be approximately 18 billion yen, represents...

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Mergers & Acquisitions

Motorola Completes Acquisition of Broadbus Technologies

HORSHAM, Pa., Sept. 8 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) today announced it has completed the acquisition of Broadbus Technologies, Inc. of Boxborough, Mass. On July 25, 2006, Motorola announced an agreement to acquire Broadbus, a leading provider of content on-demand technologies. Founded in 1999, Broadbus has deployed its Television on Demand solution with over 60 service...

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Mergers & Acquisitions

OMRON to Acquire Optical Communications Components Business from NHK Spring; Aims to Expand Optical Coupler Business in FTTH Market

Tokyo, Japan, Aug. 31, 2006 - (JCN Newswire) - OMRON Corporation (TSE: 6645, US: OMRNY),a global leader in automation, sensing and control technologies, announced today that it has reached a preliminary agreement with NHK Spring Co., Ltd. to acquire NHK Spring's FTTH(1) optical coupler business. NHK Spring's optical coupler business includes the component micro-fabrication technologies and film...

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Mergers & Acquisitions

Chemline Acquires Steelcote Manufacturing

St. Louis, MO - Chemline announces today that it has acquired the assets of Steelcote Manufacturing Incorporated, a manufacturer of high performance epoxy and polyurethane coatings. This information is according to John Henningsen, spokesperson for Chemline. Steelcote Manufacturing is company with a long and storied past." Comment Mr. Henningsen. "The company was founded in 1915 in St. Louis,...

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Mergers & Acquisitions

Tandberg Data Acquires Exabyte

OSLO--(BUSINESS WIRE)--Aug. 30, 2006--Tandberg Data (OSE:TAD) has acquired the U.S. data storage company Exabyte Corporation for USD 28 million. The merged company, with expected revenue of USD 215 million for 2006, will be the second largest player in data storage (OEMs not included). Tandberg Data signed late last night an agreement to acquire all assets, rights and certain liabilities in the...

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Mergers & Acquisitions

The Tantec Group Acquires Subsidiary from MKS/ION Systems

Tantec Group, a leading provider of surface treatment solutions for improving adhesion, acquires the electrical surface treatment subsidiary of MKS/ION Systems, based in Illinois, USA. Founded in 1974 in Denmark, the Tantec Group consists of 4 divisions in Europe and, with the acquisition of the surface treatment subsidiary of MKS/ION Systems, 1 division in the United States. Ownership of the...

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Mergers & Acquisitions

Zehnder Group AG Acquires Hydro-Air Components

Buffalo, NY - Zehnder Group AG, headquartered in Granichen, Switzerland, with international operations in the indoor climate industry, has announced the purchase of Hydro-Air Components, Inc. Hydro-Air, an ISO 9001-2000 registered company located in Buffalo, New York, manufactures hydronic heating and cooling equipment for the United States HVAC market under the Rittling and Panel Radiator brand...

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Mergers & Acquisitions

Agilent Technologies Completes Acquisition of Xpedion Design Systems, a Leading Provider of RFIC Simulation and Verification Software

PALO ALTO, Calif., Aug. 28, 2006 -- Agilent Technologies Inc. (NYSE: A) today announced it has completed the acquisition of Xpedion Design Systems, a privately held company that provides software for wireless and high-speed digital circuit and systems design in the communications industry. Financial details were not disclosed. Xpedion's and Agilent's combined technologies are used by virtually...

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