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Mergers and Acquisitions
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Daily news and top headlines for manufacturing professionals

Stratasys To Acquire GrabCAD

September 16, 2014 9:58 am | by Stratasys | News | Comments

Stratasys Ltd., a leading global provider of 3D printing and additive manufacturing solutions, today announced that it has entered into a definitive agreement to acquire privately-held GrabCAD, Inc. in an all-cash transaction. Terms of the transaction were not disclosed. The transaction is expected to...

Nucor Buying Gallatin Steel For About $770M

September 15, 2014 11:28 am | by The Associated Press | News | Comments

Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor's footprint in the Midwest. Taking out an anticipated tax benefit, the purchase price is approximately $630 million, the company said on Monday. Nucor is purchasing...

Dominion Plans To Acquire Two California Solar Energy Projects

September 15, 2014 11:19 am | by The Associated Press | News | Comments

Dominion announced an agreement to acquire two solar energy projects totaling 42 megawatts from EDF Renewable Energy, one of North America's largest independent power producers and renewable energy project developers. The acquisitions of the California projects are expected to close in...

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Empeiria Acquires Oilfield Equipment Manufacturers

September 12, 2014 4:45 pm | by The Associated Press | News | Comments

Empeiria Capital Partners LLC, a New York-based private equity firm, today announced that its affiliate, Tank Partners Holdings LLC, has completed the acquisitions of JL Bryan Equipment & Lease Services, Inc. and Tank Partners LLC.Based in Perryton, Texas, JL Bryan manufactures...

Atlantic Signs Agreement, Purchases 3 International Paper Coverting Facilities

September 12, 2014 12:23 pm | by The Associated Press | News | Comments

Atlantic Corporation of Wilmington, North Carolina, announced today a definitive agreement to purchase International Paper's three largest paperboard converting facilities in Greensboro, N.C., Hazleton, P.A., and Sturgis, M.I. Atlantic has 12 branch locations across the...

Trelleborg Divests Rubber Car Boot Facility

September 11, 2014 3:16 pm | by The Associated Press | News | Comments

Trelleborg has signed an agreement to divest a facility that manufactures rubber boots for light vehicles. The business operation is based in Spain and is part of the Trelleborg Industrial Solutions business area. The buyer is the...  

Comcast And Liberty Global Announce Agreement To Connect U.S. And European Wi-Fi

September 11, 2014 12:13 pm | by The Associated Press | News | Comments

Comcast Cable and Liberty Global plc today have announced an agreement to allow users to access each other’s Wi-Fi networks, creating an international Wi-Fi access agreement that will give many Xfinity Internet and Liberty Global internet customers access to millions of new Wi-Fi access points in...

Luminator Technology Group Acquires Axion Technologies

September 11, 2014 11:14 am | by The Associated Press | News | Comments

Luminator Technology Group is pleased to announce the acquisition of Axion Technologies. Axion Technologies was founded in 1974 and designs, manufactures and supplies advanced Passenger Information, Communication, and CCTV systems for the Mass Transit...

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All Aboard Florida Selects Siemens As Train Manufacturer

September 11, 2014 10:40 am | by The Associated Press | News | Comments

Today it was announced that Siemens has been selected to build the locomotives and passenger coaches for the All Aboard Florida passenger rail project that will connect South and Central Florida. All Aboard Florida and Siemens have been...

Boeing And Alcoa Sign $1 Billion Contract

September 11, 2014 10:06 am | by The Associated Press | News | Comments

Leading aerospace manufacturer Alcoa has signed a long-term contract to supply aluminum sheet and plate products to Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and...

BlackBerry Acquires Movirtu, Allows Multiple Numbers On One Device

September 11, 2014 9:39 am | by The Associated Press | News | Comments

BlackBerry Limited, a global leader in mobile communications, announced today that it has acquired Movirtu, a provider of virtual identity solutions for mobile operators that allows multiple numbers to be active on a single device. This improves device management in...

Ajinomoto To Acquire U.S. Frozen Foods Maker Windsor

September 10, 2014 11:56 am | by The Associated Press | News | Comments

Ajinomoto Co. said Wednesday that it will acquire U.S. frozen foods maker Windsor Quality Holdings LP for about $800 million (about 84 billion yen) in a bid to increase its presence in the vast North American...     

Belden And Tripwire Announce Cybersecurity Initiative For Manufacturers

September 10, 2014 11:41 am | by The Associated Press | News | Comments

Tripwire, Inc., a leading global provider of advanced threat, security, and compliance solutions, and Belden Inc., a global leader in signal transmission solutions for mission-critical manufacturing applications, today announced a new marketing initiative designed to...

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Seattle Genetics And Genmab Enter Into Collaboration

September 10, 2014 10:13 am | by The Associated Press | News | Comments

Seattle Genetics, Inc. today announced that the companies have entered into an additional antibody-drug conjugate collaboration. Under the new agreement, Genmab will pay an upfront fee of $11 million for exclusive rights to utilize Seattle Genetics’ auristatin-based ADC technology with...

August Electronics Selects Omnify Software

September 9, 2014 4:06 pm | by The Associated Press | News | Comments

Omnify Software, a leading provider of web-based Product Lifecycle Management software for discrete manufacturers, today unveils its latest Empower PLM application story featuring August Electronics, a leading Electronics Manufacturing Services provider located in Calgary, Alberta, Canada. August Electronics adopted...

CATENA And Intelsius Partnership Improves Software Solutions

September 9, 2014 2:19 pm | by The Associated Press | News | Comments

CATENA INC., an emerging leader in cold chain visibility and data aggregation technology, today announced it has entered into a strategic partnership with Intelsius, a subsidiary of DGP Life Science Ltd. Under the agreement, Intelsius will resell CATENA’s proprietary software solution and use CATENA’s professional services to provide...

Honda Selects Translations.com For Multilingual Website

September 9, 2014 9:40 am | by The Associated Press | News | Comments

Translations.com, the world’s largest privately held provider of language services and translation-related technologies, today announced the launch of Honda’s mobile website in Spanish. Translations.com provides Honda with language services and GlobalLink OneLink ® technology to support...

Rosetta Stone And Acesse Corporation Partner In Landmark Global Deal

September 9, 2014 9:24 am | by The Associated Press | News | Comments

Rosetta Stone Inc., the world's leading provider of education technology and language-learning solutions, today announced a partnership with Acesse Corporation to bring Rosetta Stone's award winning language solutions to more than 400,000 small business owners and entrepreneurs worldwide through...

General Mills Announces Acquisition of Annie's

September 8, 2014 5:34 pm | by The Associated Press | News | Comments

General Mills, Inc. said today that it has entered into a definitive agreement to acquire Annie's, Inc., a leading U.S. producer of branded organic and natural food products with net sales of $204 million in its latest fiscal year (completed March 2014). Annie's will join General Mills' U.S. natural and organic products portfolio, which includes...

Global Cash Access Aquires Mulitmedia Games

September 8, 2014 11:38 am | by The Associated Press | News | Comments

Global Cash Access Holdings is getting into the casino gaming business, spending about $1.2 billion to buy Multimedia Games Holdings.Both companies make machines found on casino floors. GCA makes ATMs and cash-advance kiosks, while...  

GE Boosts Focus On Growing Industrial Core With Appliances Sale

September 8, 2014 11:06 am | by GE Report | News | Comments

GE will sell its Appliances business to Sweden’s Electrolux in a strategic move that boosts the focus on the company’s core industrial units. The $3.3 billion, all-cash deal follows GE’s recent bid to acquire the power and grid businesses of the...

Elextrolux To Buy GE Appliances In $3.3B Deal

September 8, 2014 10:16 am | by Karl Ritter, Associated Press | News | Comments

Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, and boosting its presence on the North American market, the companies said Monday. The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the...

A. C. Simmonds and Sons To Acquire Environmental Waste International

September 5, 2014 1:35 pm | by The Associated Press | News | Comments

A.C. Simmonds and Sons Inc. (ACS) and Environmental Waste International Inc. (EWS) announced today that a non-binding letter of intent has been entered into regarding the proposed acquisition of all of the issued and outstanding common shares of EWS by ACS in exchange for...

Belkin Partners With OSRAM SYLVANIA For Smart Connected Lighting Ecosystems

September 5, 2014 12:15 pm | by The Associated Press | News | Comments

Belkin International, a leading Internet of Things company, and OSRAM SYLVANIA, a leading global lighting manufacturer, today announced that the two companies have entered into a strategic partnership to collaborate on residential solutions with the...

Chevron Phillips Chemical Sells Business For $220M

September 4, 2014 10:09 am | by The Associated Press | News | Comments

Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million. Chevron said that its Ryton polyphenylene sulfide operations are a better fit at Solvay Specialty Polymers USA LLC, which...      

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