As a result of the merger, Molex is now an indirect wholly-owned subsidiary of Koch Industries, Inc., retaining its name and headquarters in Lisle, IL. The company will continue to be operated by its current management team.
Although EGS serves a wide range of markets, its oil, gas and chemical participation has grown...
The joint venture will combine Johnson Controls' global reach with Hitachi's technology...
The acquisition of Safety Solutions expands Grainger's offerings in Ohio, while the specialty...
With this arrangement, AIM will now offer locally made solder paste, bar solder, wire solder, and liquid flux in Brazil, thus further strengthening its global position and expanding in its overall growing global footprint.
The company said Monday that it expects those deals to happen within the next one to two years. Almost 2,000 workers will be affected by the moves. The businesses generate up to $5 billion of total annual revenue.
Motion Industries has entered into a definitive agreement whereby Motion Canada has agreed to acquire all of the issued and outstanding common shares of Commercial Solutions Inc. of Edmonton, Alberta. Motion also closed on the acquisition of the assets of Paragon Service & Supply, Inc., headquartered in Lima, OH.
The new, combined company will operate under the name Brand Energy & Infrastructure Services and will be a leading, single-source provider of multi-craft industrial services, forming & shoring, and total access solutions to the global energy and infrastructure sectors.
Acquisitions in Thailand, Singapore, and France further position the electrical company for a strong 2014, placing the company as the number three player in the Asian market and assisting with their oil & gas offerings.
Founded in 1987, BarrierSafe has sales of approximately US$290 million per annum. With the acquisition, Ansell further expands its position in the hand protection market in North America and continues to implement its strategy to create shareholder value through organic and acquisition driven growth.
National Oilwell Varco, Inc. announced that it has formed a new Delaware corporation, NOW Inc., to eventually serve as the independent, publicly traded company for its previously announced proposed plan to spin off to its shareholders its Distribution Business. The proposed publicly traded distribution business intends to operate under the name DistributionNOW.
Tentec, based in West Bromwich, United Kingdom, has 65 employees and specializes in hydraulic bolt tensioners. The tools, which are used in the assembly of heavy equipment, are sold globally and the main customer segments are the oil and gas, mining, and power generation industries, including wind power.
The consolidation allows Miller to better serve distributor and end user needs by offering best-in-class TIG torches and accessories as part of a total TIG welding system.
“Palmgren has always been a trusted brand name in the industrial marketplace, but the business had struggled recently with deliveries, stock-outs and an undefined strategy to help its customers grow,” said C.H. Hanson President Phil Hanson.
PAM was founded in 1982 by Buhnen International GmbH of Bremen, Germany, and has two distinct product lines: auto feed screw systems and collated screws for decking and flooring, and hot melt tools and adhesives for flooring and carpet installation. OMG plans to integrate PAM into its FastenMaster business.
Steiner will continue servicing State’s customers as their founder Ellen Ramberg transitions into retirement. During this transition, State will be selling their current location, and liquidating inventory and other miscellaneous assets. Calls and new orders will be forwarded to Steiner’s Rockford location effective November 8th 2013.
Körber Schleifring, a global provider of grinding machine technology, and its North American arm United Grinding Techologies are now one under the new brand name UNITED GRINDING Group – Körber Solutions, a move that expands the company’s global market position in relation to technology, service, and volume.
The strength of industrial manufacturing M&A in the past three months was largely driven by strategic investors in advanced economies and increased mega deal (transactions valued at $1 billion or more) activity, according to PwC US.
Gas-Arc's portfolio includes branded gas control products that meet specialty gas application requirements as well as cutting and welding equipment for the industrial, laboratory, and medical gas control markets. Gas-Arc will continue to operate under its own name.
Central is a wholesale distributor, and fellow Imark member, that’s served electrical professionals in the Bryan/College Station market for 42 years. The location will continue to operate as Central Electrical Supply as systems and operations transition to Summit.
Bunzl has acquired Wesclean, based in Edmonton, Alberta, a company that is principally engaged in the distribution of cleaning and hygiene equipment and supplies to a variety of customer markets.
The acquisition of C&C and CCTX positions ERIKS for even stronger access to the North American oil and gas markets. C&C is headquartered in Houston, TX. CCTX operates from Edmonton, AL, Canada.
Bates has locations serving St. Louis, Hannibal, St. Genevieve, Jackson, Sikeston and Springfield, MO, as well as locations in Pittsburg, KS, Newbern, TN, and Blytheville and Osceola, AR. The Mine Supply Company is located in Carlsbad, NM, Mt Vernon, IL., Viburnum, MO and their IMSCO division in Albuquerque, NM.
EIS, Inc. closed on the acquisition of the assets of Tekra Corporation an independent coater, converter and distributor of specialty films and adhesives. Motion Industries acquired the stock of AST Bearings LLC, a value-added supplier of high precision bearings and related products.
Carmanah is a global leader in the design and manufacture of stranders and related equipment used in the production of OSB, an engineered wood panel product used primarily in home construction.
The company first announced in June that it was looking to sell the electrical business to focus on other divisions. It has kept the business off its earnings reports since then.
Männer is a leader in high precision mold-making, valve gate hot runner systems, and system solutions for the medical/pharmaceutical, packaging, and personal care/health care industries. Männer has approximately 400 employees worldwide.
Chicago Hi-Speed is a premier industrial distributor of cutting tools, abrasives, fluids, and engineered products along with a wide variety of MRO supplies. Quaker Tool has built and reconditioned high-performance special tools for world-class manufacturers since 1946.
The sale will allow the Shelburne plants to emerge under CCC with the strong operational and financial backing of a new owner with substantial expertise in the rigid plastic packaging industry.
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