Tag: acquisition
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.