Mergers & Acquisitions

Mergers & Acquisitions

Energtek Signs Agreement for Acquisition of HOP Energy

HOP Energy Holdings to be acquired by Energtek subject to certain closing conditions HOP services about 80,000 customers Anticipated closing during the fourth quarter of 2016 As of the closing, the combined group will be renamed American Mobile Power Inc. NEW YORK, Sept. 21, 2016 - Energtek Inc. (OTC: EGTK) ( Energtek"), a frontrunner in hi-tech natural gas solutions and Adsorbed Natural Gas...

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Mergers & Acquisitions

SunPower Acquires AUO's Stake in Malaysian Joint Venture

Solar cell factory to support continued global demand growth SAN JOSE, Calif., Sept. 19, 2016 - Evolving its partnership that began in 2010, SunPower Corp. announced today that it is purchasing AUO's portion of the two companies' joint venture which manufactures solar cells at an 800 megawatt (MW) fabrication facility in Melaka, Malaysia. The solar industry expects continued growth for...

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Mergers & Acquisitions

MSA Acquires Senscient, Inc.

Transaction Expands and Enhances MSA Technology Offerings in the Global Market for Fixed Gas and Flame Detection Systems PITTSBURGH, Sept. 19, 2016 - Global safety equipment manufacturer MSA Safety Inc. (NYSE: MSA) today announced that it has acquired Senscient, Inc., a leader in laser-based gas detection technology that can be used in a broad range of industrial, oil and gas production and...

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Mergers & Acquisitions

SunPower Acquires AUO's Stake in Malaysian Joint Venture

Solar cell factory to support continued global demand growth SAN JOSE, Calif., Sept. 19, 2016 - Evolving its partnership that began in 2010, SunPower Corp. announced today that it is purchasing AUO's portion of the two companies' joint venture which manufactures solar cells at an 800 megawatt (MW) fabrication facility in Melaka, Malaysia. The solar industry expects continued growth for...

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Mergers & Acquisitions

MSA Acquires Senscient, Inc.

Transaction Expands and Enhances MSA Technology Offerings in the Global Market for Fixed Gas and Flame Detection Systems PITTSBURGH, Sept. 19, 2016 - Global safety equipment manufacturer MSA Safety Inc. (NYSE: MSA) today announced that it has acquired Senscient, Inc., a leader in laser-based gas detection technology that can be used in a broad range of industrial, oil and gas production and...

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Mergers & Acquisitions

Southwire Announces Acquisition of United Copper Industries

Acquisition strengthens Southwire’s core business in the building wire products market Carrollton, GA – September 20, 2016: Southwire Company, LLC announces the acquisition of United Copper Industries of Denton, Texas. The acquisition expands Southwire’s manufacturing capabilities in the company’s core building wire products segment and enhances Southwire’s geographical footprint,...

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Mergers & Acquisitions

Southwire Announces Acquisition of United Copper Industries

Acquisition strengthens Southwire’s core business in the building wire products market Carrollton, GA – September 20, 2016: Southwire Company, LLC announces the acquisition of United Copper Industries of Denton, Texas. The acquisition expands Southwire’s manufacturing capabilities in the company’s core building wire products segment and enhances Southwire’s geographical footprint,...

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Mergers & Acquisitions

Nucor to Acquire Independence Tube Corporation

CHARLOTTE, N.C., Sept. 19, 2016 - Nucor Corporation (NYSE: NUE) announced today that it has agreed to acquire Independence Tube Corporation (ITC), a leading independent manufacturer of hollow structural section (HSS) steel tubing, for $435 million, or approximately 6x average EBITDA over the 2013-2015 period. Independence Tube is a natural fit with Nucor. Their business model is similar to ours...

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Mergers & Acquisitions

JBT Corporation Signs Definitive Agreement to Acquire Cooling and Applied Technologies, Inc., a Leading Protein Equipment Solutions Company

CHICAGO, Sept. 19, 2016 - JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food beverage industry, announced today it has signed a definitive agreement to purchase the assets of Cooling and Applied Technologies (C.A.T.), Inc. The purchase price is $90 million, before customary post-closing adjustments. The transaction is expected to close in the...

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Mergers & Acquisitions

Dominion Resources Combines with Questar Corporation

RICHMOND, Va., Sept. 16, 2016 - Dominion Resources, Inc. (NYSE: D), and Questar Corporation announced today that they have completed their proposed merger, forming one of the nation's largest combined electric and natural gas energy companies. Thomas F. Farrell II, chairman, president and chief executive officer, said: We are pleased to complete our strategic combination with Questar, and to...

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