RANDYS Worldwide Announces The Acquisition Of Zumbrota Bearing And Gear
Cascade Component Parts Inc., a distributor of OE and aftermarket components, owned by Zumbrota Bearing And Gear, also becomes part of the RANDYS family of brands.
Florida Pneumatic Manufacturing Corp. Acquires Jiffy Air Tool Inc.
Jiffy will continue to manage its day-to-day business as usual, and sales activities will continue to be managed by its own direct sales organization.
CCMP Capital To Acquire Truck Hero
TA Associates, the current holder of a majority interest in Truck Hero, and Truck Hero’s founding CEO Bill Reminder and Chief Operating Officer Kelly Kneifl will remain significant investors in the company as part of the transaction.
Futuris Group Acquires Kongsberg Automotive’s North American Headrest Business
“The acquisition of Kongsberg’s NA headrest and armrest business addresses our need to expand our North American manufacturing footprint and increase our product portfolio as part of the global strategy,” said Futuris President and CEO Merv Dunn.
Intel To Acquire Mobileye
Pursuant to the agreement, a subsidiary of Intel will commence a tender offer to acquire all of the issued and outstanding ordinary shares of Mobileye for $63.54 per share in cash, representing an equity value of approximately $15.3 billion and an enterprise value of $14.7 billion.
Samsung Electronics Completes Acquisition Of HARMAN
Under the terms of the merger agreement, HARMAN stockholders will receive $112 per share in cash.
Stanley Black & Decker Completes Purchase Of Craftsman Brand From Sears Holdings
James Loree, Stanley Black & Decker president and CEO, said, “…As we continue our growth journey, we will pursue opportunities across the portfolio to build upon our world-class franchises to create shareholder value.”
Lincoln Electric Enters Into Exclusive Negotiations With Air Liquide To Acquire Subsidiary
The companies have signed a Memorandum of Understanding and entered into exclusive negotiations to acquire Air Liquide Welding, a subsidiary of Air Liquide.
Bumper To Bumper Announces Acquisition Of Impact Auto Parts In Ontario
The more than 20 employees of Impact Auto Parts will continue to provide quality products and excellent service under the Bumper to Bumper store banner.
Parker Hannifin Completes CLARCOR Acquisition
Under the definitive agreement signed on Dec. 1, 2016, Parker purchased all outstanding CLARCOR shares for $83 per share in cash.
BBB Industries Acquires Assets Of King Kalipers Inc.
The transaction transfers all of King Kalipers’ production and operation assets, intellectual property, inventory and brands to BBB Industries.
FinishMaster Acquires A. DAngelo & Sons And Related Entities
This acquisition significantly expands FinishMaster’s footprint in the state of California and in two major metropolitan markets in Las Vegas and Phoenix.
