Mergers & Acquisitions

Mergers & Acquisitions

MTS Signs Definitive Agreement to Acquire Sensor Producer PCB Group Inc. for $580 Million

EDEN PRAIRIE, MN –MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and position sensors, announced today that it has entered into a definitive purchase agreement where MTS Systems Corporation ( MTS") will acquire 100% of PCB Group Inc. ("PCB") for $580 million through a merger of a newly formed subsidiary of MTS into PCB, with PCB surviving as a...

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Mergers & Acquisitions

Lee Spring Acquires Clark Spring & Manufacturing, Inc.

Brooklyn, New York– Lee Spring, a global leader in stock and custom springs, announced today that it has purchased the assets of Clark Spring located in Hayward, California. Steve Kempf, CEO of Lee Spring, commented that the “President of Clark Spring, Eric Eckberg, has built a strong company over the last thirty years based on ongoing engineering support, excellent quality control and...

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Mergers & Acquisitions

BestDrive, LLC Expands Midwest Presence with Acquisition of Brahler's, Inc.

Includes seven locations in Illinois and Missouri Richard Brahler remains organizational head under BestDrive banner Fort Mill, SC– BestDrive, LLC, a commercial tire dealer and retreader, gained significant traction in the Midwest recently with the purchase of Brahler’s Trucker Supply, Inc. on February 1st, 2016. The seven service locations in Illinois and eastern Missouri, including one...

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Mergers & Acquisitions

Luminant Completes Purchase of Combined-Cycle Gas Plants

DALLAS –Â- Luminant has acquired two combined-cycle natural gas plants in Texas, having received regulatory approval from the Public Utility Commission of Texas and closing on the acquisition today. These generating assets represent nearly 3,000 megawatts of capacity in the competitive ERCOT market: the Forney Power Plant in Forney with a capacity of 1,912 megawatts and the Lamar Power...

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Mergers & Acquisitions

Reliance Steel & Aluminum Co. Completes Acquisition of Best Manufacturing, Inc.

LOS ANGELES –Â- Reliance Steel and Aluminum Co. (NYSE: RS) announced today that, effective April 1, 2016, it acquired all of the capital stock of Best Manufacturing, Inc., a custom sheet metal fabricator of steel and aluminum products on both a direct and toll basis. Best Manufacturing is headquartered in Jonesboro, Arkansas and has been serving its core customer markets since 1990,...

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Mergers & Acquisitions

Dr. Graphx Acquires Langer Printing

CHICAGO –Â- In keeping with the ever-changing landscape that is printing, Chicago's leading digital printer of large environmental graphics, photo-prints, window film and wallpaper, Dr. Graphx has acquired one of the most established pad printers in the country. Langer Printing has been printing on three-dimensional products and surfaces for over thirty years! The partnership of Dr....

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Mergers & Acquisitions

WEG Announces Acquisition of North American Bluffton Motor Works

JaraguÃ-¡ do Sul – WEG S.A. (Bovespa: WEGE3 / OTC: WEGZY) announced the acquisition of Bluffton Motor Works, LLC. (“Bluffton”), an electric motor manufacturer with headquarters in Bluffton, Indiana, USA. Founded in 1944, Bluffton specializes in manufacturing fractional electric motors up to 5 HP, offering a wide range of customized products to customers in the United States....

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Mergers & Acquisitions

KONE Acquires Suburban Elevator Company in Las Vegas

Asset Acquisition Strengthens KONE's presence and offering in the Las Vegas Metropolitan Market LAS VEGAS –Â- KONE, a global leader in the elevator and escalator industry, today announced it has acquired the service and repair business of Suburban Elevator Company, in Las Vegas, NV. Suburban operates throughout the greater Las Vegas metropolitan area. The acquisition adds depth and...

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Mergers & Acquisitions

Gentherm Announces Acquisition of Cincinnati Sub-Zero Products

Provides platform for growth in new markets NORTHVILLE, Mich. –Â- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, announced today that, effective April 1, 2016, it will acquire Cincinnati Sub-Zero Products (CSZ). Based in Cincinnati, Ohio, CSZ manufactures both high quality patient temperature systems for the health care...

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Mergers & Acquisitions

Würth Group Acquires House of Threads

Indianapolis, USA - The WÃ-¼rth Group has today announced the acquisition of House of Threads, based in Birmingham, Ala. Würth House of Threads is now a part of the Industry Division as a member company of Würth Industry of North America (WINA), one of the largest assembly component distributors in the U.S. Providing a range of assembly material and other c-parts to OEM...

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