Mergers & Acquisitions

Mergers & Acquisitions

Toyota and DENSO Reach Agreement on Transfer Contract for Consolidating Electronic Component Operations

Kariya (Japan), April 5, 2019 ― Toyota Motor Corporation (Toyota) and DENSO Corporation (DENSO) announce that they have made a formal decision and reached agreement toward concluding a contract to transfer core electronic component operations to DENSO. In June 2018, both companies reached a basic agreement to consolidate the core electronic component operations of both Toyota and DENSO within...

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Mergers & Acquisitions

Advances Lincoln Electric's Automation Capabilities and Its New Metal Additive Manufacturing Service Business

CLEVELAND, April 01, 2019 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced it acquired Baker Industries, Inc. (“Baker”) and related assets. Baker is a privately held Detroit, Michigan-based provider of custom tooling, parts and fixtures primarily serving automotive and aerospace markets. Baker has extensive in-house design and...

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Mergers & Acquisitions

Lear Corporation to Acquire Xevo, a Leader in Connected Car Software and Data-Driven User Experiences

- Expands Lear's connectivity offerings with leading-edge technology platform and recurring revenue stream - Allows for global expansion of Xevo's in-vehicle data monetization platform SOUTHFIELD, Michigan, April 3, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today announced it has entered...

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Mergers & Acquisitions

Bruker Announces Acquisition of RAVE LLC

Billerica, Mass., April 3, 2019 /PRNewswire/ -- Bruker Corporation today announced that it has acquired the semiconductor mask repair and cleaning business of RAVE LLC, a leading provider of nanomachining and laser photomask repair equipment. For calendar year 2018, the acquired business was profitable and had revenues of approximately $25 million. Financial details of the transaction were...

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Mergers & Acquisitions

Carlisle Companies to Acquire MicroConnex

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced the acquisition of MicroConnex, a privately held manufacturer of highly engineered microminiature flex circuits and sensors for the Medical and Test & Measurement markets. MicroConnex will become part of the Carlisle Interconnect Technologies (CIT) operating segment. Based in Snoqualmie, WA,...

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Mergers & Acquisitions

Transcat Expands Its Southern California Presence with Acquisition of Gauge Repair Service

ROCHESTER, NY, April 1, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired substantially all of the assets of Gauge Repair Service...

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Mergers & Acquisitions

Leadec Acquires US Manufacturing Consulting Firm HVMC

Stuttgart, Germany / Cincinnati - April 2, 2019 – As part of Leadec’s continued growth in the North American market, Leadec made its first acquisition since becoming an independent company in 2017. On March 31, 2019, Leadec purchased High Value Manufacturing Consulting (HVMC) to help expand our offerings in North America and bring significant expertise to the manufacturing chain at the start...

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Mergers & Acquisitions

Timken Acquires the Diamond Chain Company, Expanding Its Leadership in Engineered Industrial Chain

NORTH CANTON, Ohio, April 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired The Diamond Chain Company from Amsted Industries. Diamond Chain is a leading supplier of high-performance roller chains for industrial markets. The company serves a diverse range of sectors, including industrial distribution,...

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Mergers & Acquisitions

Univar Solutions Completes Divestiture of Nexeo's Plastics Distribution Business to One Rock Capital Partners

Downers Grove, Ill., March 29, 2019 /PRNewswire/ -- Univar Inc. (NYSE: UNVR) ("Univar Solutions") today announced it completed the divestiture of the plastics distribution business of Nexeo Solutions ("Nexeo Plastics") to an affiliate of One Rock Capital Partners, LLC ("One Rock") for a purchase price of $640 million, subject to customary closing adjustments. As previously announced, the net...

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Mergers & Acquisitions

ON Semiconductor to Acquire Quantenna Communications

Acquisition creates platform for addressing connectivity applications for Industrial and Automotive markets Key Transaction Highlights: Enables entry into automotive and industrial low-power connectivity market with combined strengths of the two companies Combination of ON Semiconductor’s expertise in power management & Bluetooth technologies with Quantenna’s Wi-Fi & software capabilities...

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