Mergers & Acquisitions

Mergers & Acquisitions

TCEP Offer for Citect

Sydney, Australia - Citect has today entered into a Takeover Agreement with Thoma Cressey Equity Partners (TCEP), a US based private equity firm, under which a subsidiary of TCEP will make an off-market takeover offer for all the shares in Citect for $1.70 per share in cash. Citect has agreed to declare a fully franked dividend of $0.05 per share if acceptances under the offer exceed 50.1% and...

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Mergers & Acquisitions

MorphoSys Acquires Serotec Group to Strengthen Global Research Antibody Business

Acquisition Establishes MorphoSys as Largest European Research Antibody Supplier MorphoSys AG (Frankfurt Stock Exchange: MOR; Prime Standard Segment, TecDAX) today announced the acquisition of privately held Serotec group. The acquisition of Serotec, a renowned and internationally-active supplier of research antibodies, more than triples MorphoSys' existing Research Antibody Segment revenues and...

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Mergers & Acquisitions

RPM's Euclid Chemical Acquires Tamms Industries

Date: 1/11/2006 4:45:00 PM For a complete listing of our news releases, please click here Acquisition Significantly Enhances Product and Service Offering MEDINA, Ohio, Jan. 11 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced today that its subsidiary, The Euclid Chemical Company ( Euclid Chemical"), has acquired Tamms Industries, Inc. ("Tamms"). Terms were not disclosed....

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Mergers & Acquisitions

ATS Enters Agreement to Sell Precision Metals Division to Autocam

CAMBRIDGE, ON, Dec. 13 /CNW/ - ATS Automation Tooling Systems Inc. of Cambridge, Ontario and Autocam Corporation of Kentwood, Michigan today announced they have entered into a definitive agreement that will see ATS sell the assets of its precision metals division to Autocam, a global leader in quality precision-machined solutions. The two companies have signed a binding purchase agreement and...

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Mergers & Acquisitions

Southwire Acquires DeCorp, Innovator of FlatWire-Ready(TM) Technology

(Carrollton, GA - August 25, 2005) - Southwire Company today announced its acquisition of Hendersonville, Tenn.-based DeCorp Inc. in a move that combines Southwire's strengths as a leading, innovative wire and cable manufacturer with DeCorp's ground-breaking FlatWire-ready(TM) technology. Under the product names DeWire(TM), DeCable(TM) and DeCord(TM), DeCorp has developed a variety of audio,...

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Mergers & Acquisitions

Siemens Acquires Assets Of RVSI Acuity Cimatrix

Agreement to Purchase RSVI Acuity CiMatrix Will Enhance Siemens' Position in Factory Automation Sensors ATLANTA, Oct. 3, 2005 - Siemens Energy and Automation, Inc. today announced it has completed the acquisition of the assets of RVSI Acuity CiMatrix, a division of Robotic Visions Systems, Inc. headquartered in Nashua, New Hampshire. On August 26, 2005, Siemens submitted an offer for the intended...

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Mergers & Acquisitions

Johnston Sweepers Acquisition Cleared by UK Ccompetition Authorities

The UK Competition Commission has given final clearance for the acquisition of Johnston Sweepers by Bucher Industries AG, following completion of the sale back in March. The final report published by the Competition Commission concluded that the acquisition would not be expected to lead to a lessening of competition within the outdoor sweeper market in the UK, confirming its provisional findings...

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Mergers & Acquisitions

Massman Automation Designs, LLC Expands

Packaging leader acquires Applied Automation, plans to expand markets Villard Minn. - (August 16, 2005) - Massman Automation Designs announces the acquisition of Applied Automation, located in St. Paul, MN. Annual sales of the combined companies are expected to exceed $10 million. The former Applied Automation will now operate as Massman Engineering LLC, a division of Massman Automation Designs...

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Mergers & Acquisitions

SKF Acquires Swedish Lubrication System Company

GOTHENBURG, SWEDEN - SKF has acquired Sommers Industriteknik AB, a distributor of Vogel lubrication systems located in LinkÃ-¶ping, Sweden. Sommers Industriteknik has a turnover of some 16 MSEK. With 40 years of in-depth technical experience in Vogel lubrication systems, Sommers Industriteknik will function as a lubrication competence center for the SKF sales units in the Nordic countries....

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Mergers & Acquisitions

StonCor Group, Inc./Fibergrate Division Acquires IKG Industries' FRP Product Line

Medina, Ohio - RPM International Inc. RPM (NYSE: RPM) announced today that its wholly owned subsidiary, The StonCor Group, Inc./Fibergrate Division, has acquired IKG Industries' FRP (fiberglass reinforced plastics) product line. The acquisition includes the lease of a portion of IKG's manufacturing facility in Queretaro, Mexico and the rights to their FRP line of products. IKG Industries, a...

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