Mergers & Acquisitions

Mergers & Acquisitions

Lear Acquires Arada Systems, a Leading Automotive Technology Company that Specializes in Vehicle-to-Vehicle and Vehicle-to-Infrastructure Communications

SOUTHFIELD, Mich. - Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today announced that it has acquired Arada Systems, a Troy, Michigan based automotive technology company that specializes in Vehicle-to-Vehicle and Vehicle-to-Infrastructure (V2X) communications. Lear is a leader in managing power and distributing signals within a...

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Mergers & Acquisitions

AT&S Acquires Arch Trailer Sales of St. Louis

St. Louis, Missouri –Â- American Trailer and Storage headquartered in Kansas City, with locations in St. Louis and Omaha has announced the acquisition of Arch Trailer Sales, Inc. of St. Louis. The purchase will better serve the needs of ATS and Arch Trailer Sales customers in St. Louis and throughout the country. The stock purchase of the trailer sale, leasing and rental company fits into...

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Mergers & Acquisitions

Microsemi Corporation Enters Definitive Agreement to Acquire PMC-Sierra, Inc.

• Creates significant shareholder value through powerful combination • $100 million in annual cost synergies anticipated, with greater than $75 million expected to be realized in the first full quarter of combined operations • Delivers immediate accretion with approximately $0.60 EPS accretion expected in first full year ALISO VIEJO, Calif. and SUNNYVALE, Calif. –Â- Microsemi...

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Mergers & Acquisitions

Trillium Announces Acquisition of Oxford Instruments - Austin Division

AUSTIN, Texas, - Trillium US Inc, headquartered in Clackamas, OR, has announced the acquisition of the Oxford Instruments - Austin division, formerly known as Austin Scientific, effective November 23(rd), 2015. Focused on the helium compression based vacuum and temperature management and control sector, Oxford Instruments-Austin provides cryo pump, cold head and compressor service, a range of new...

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Mergers & Acquisitions

Hawkins, Inc. to Acquire Stauber Performance Ingredients, Expanding its Specialty Products Platform

MINNEAPOLIS - Hawkins, Inc. (Nasdaq: HWKN) today announced that it has entered into a definitive agreement under which Hawkins has agreed to acquire Stauber Performance Ingredients from ICV Partners II, L.P. and its other shareholders in a cash for stock transaction. Founded in 1969, Stauber offers specialty products and ingredients to the nutritional, food, pharmaceutical, cosmetic and pet care...

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Mergers & Acquisitions

XP POWER Acquires EMCO High Voltage Corporation

XP Power announced today that it has acquired the business and assets of EMCO High Voltage Corporation (“EMCO”), a designer and manufacturer of high voltage power modules, for a total cash consideration of US$ 12.0 million (Â-£7.8 million). EMCO, based in Northern California and with manufacturing operations in Nevada, supplies the industrial and medical sectors with a broad range of...

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Mergers & Acquisitions

Worthington to Acquire Taylor Wharton CryoScience Business

COLUMBUS, OH -Â-  Worthington Industries, Inc. (NYSE: WOR) announced today that its Cryogenics business in the Pressure Cylinders segment is purchasing the assets of the global CryoScience business of Taylor Wharton, including a manufacturing facility in Theodore, Ala. Worthington will also acquire certain other intellectual property and manufacturing assets of Taylor Wharton focused on the...

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Mergers & Acquisitions

Worthington Acquires Trilogy's CNG Fuel System Technology

COLUMBUS, OHÂ- – Worthington Industries, Inc. (NYSE: WOR) today announced that its Pressure Cylinders segment has acquired certain assets of Trilogy Engineered Systems, a leader in compressed natural gas (CNG) fuel systems for heavy duty trucks. “Trilogy’s technology and fuel system models complement our existing CNG fuel systems offering,” said Andrew Billman, president of the...

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Mergers & Acquisitions

Schlumberger-Cameron Merger Receives Unconditional Clearance from U.S. Department of Justice

HOUSTON –Â- Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger. The closing of the...

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Mergers & Acquisitions

TowerJazz to Expand its Worldwide Manufacturing Capabilities with Proposed Acquisition of Maxim Integrated's Wafer Manufacturing Plant in Texas, US

San Antonio Analog Fab to Support TowerJazz's Strong Customer Demand and Enable Additional Manufacturing Flexibility MIGDAL HAEMEK, Israel and SAN JOSE, Calif. –Â- TowerJazz, (NASDAQ/TASE:TSEM) the global specialty foundry leader, announced today it has signed an agreement with Maxim Integrated Products, Inc. (NASDAQ:MXIM) to purchase Maxim's 8-inch fabrication facility in San...

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