Tag: acquisition

Böhler-Uddeholm acquires Villares Metals

Böhler-Uddeholm AG (Austria) has acquired a majority stake in Villares Metals SA (Brazil).

Merger completed

Precision Castparts Corp. has completed the acquisition of SPS Technologies Inc., a supplier of fasteners and other metal products to the aerospace, automotive, and general industrial and other markets.

ABB sells oil & gas business

ABB Ltd has agreed to sell most of its upstream business in the oil, gas and petrochemicals division to a private equity consortium.

Dutch engineering buy-out

Force Technology Netherlands BV, part of Force Technology Denmark, recently took over the management of CorrOcean BV.

Precision Castparts acquires SPS Technologies

Precision Castparts Corp. has signed a definitive agreement to acquire SPS Technologies Inc., a supplier of fasteners and other metal products to the aerospace, automotive, and general industrial and other markets.

TAD take-over

Only four months after signing a letter of intent the Italian TAD Group and ThyssenKrupp Acciai Speciali Terni SpA have closed their negotiations.

CB&I acquisition

CB&I has acquired certain assets of Petrofac Inc., the US subsidiary of Petrofac Limited, an engineering, procurement and construction (EPC) company serving the hydrocarbon processing industry.

Arcelor withdraws from Polish bid

Arcelor has decided not to make a bid for PHS, the state-run Polish steel company.

Tube maker acquired

AK Steel’s tubemaking subsidiary, AK Tube LLC, Walbridge, Ohio, has signed a definitive agreement to acquire an exhaust tube manufacturer located in Columbus, Indiana.

Maverick completes acquisition

Maverick Tube Corp. has completed the acquisition of SeaCAT Corp.