Eastman Chemical announced Wednesday it has completed the sale of Eastman Chemical Iberia, S.A., located in San Roque, Spain, to La Seda de Barcelona.
CVI focuses on opto-mechanical assemblies and Melles Griot produces photonics products including opto-mechanical hardware.
Financial regulators have approved automaker Porsche AG's required takeover offer for Volkswagen AG, which it was obligated to make after acquiring more than 30 percent in the company, Porsche said Monday.
Chairman said deal will help the company in the North American market and expand value-added steel products capabilities in Mexico and the U.S.
Financial terms were not disclosed, but German Tognum GmbH has purchased generator set manufacturer Katolight.
Company has 45 days to solicit competing proposals.
Sankvik acquiring iExtec Screens and Crushers, and Fintec Crushing and Screening, both mobile crushing and screening equipment manufacturers.
Innovative Paper Technologies makes technical papers, boards and laminates; Powell supplies non-woven polyester mats for the electrical industry.
Company’s biologics pipeline to expand from 7 percent to 27 percent and its total pipeline will increase from 45 projects to 163 projects.
A UAV and a SATCOM company will be added to its Specialized Products segment.
Owens Corning said the move will allow the two companies more time to "better align calendars" for the antitrust approvals of the transaction with the FTC and the European Commission.
Acquisition will allow IntriCon to develop ear-worn communications platforms that connect people to people and their devices.
Acquisition will allow FLSmidth to develop its minerals business under the new name FLSmidth Minerals.
Company will acquire Wave Biotech LLC to expand products and services for biopharmaceutical manufacturing.
Nestlé Nutrition, with the addition of Gerber, will have sales of approximately $8.19 billion.
A British paper reported over the weekend that a group of investors may buyout Dow Chemical for $50 billion.
Terms of the transaction were not disclosed.
Beckman Coulter offered $1.55 billion, but Inverness recently announced a $1.6 billion offer for the medical device manufacturer.
When DaimlerChrysler AG met with shareholders, they were looking for more information on the potential sale of the Chrysler unit, but didn't get the briefing they hoped for.
Terms of the deal were not disclosed.
Deal is worth $70 million and is expected to close in the second quarter of 2007.
Sale will allow bankrupt auto supplier to continue operating under its reorganization plan.
St. Louis-based company's aquisition of Lumberg Automation Components will strengthen its position as provider of factory automation products.
Internatioanl Specialy Alloys will become part of Kennametal's Advanced Materials Solutions Group.