Canadian PROCESS EQUIPMENT & CONTROL NEWS
Messer Group of Bridgewater, NJ, and CVC Capital Partners Fund VII recently announced the completion of the planned acquisition of certain businesses in North and South America from Linde plc, launching a new name in the Americas market. Messer Americas offers largely the same products, services and people customers have come to know and trust, the company says.
Montreal-based Ficodis Group is acquiring Reliable Bearing, a company specializing in power transmission products based in Mississauga, ON. This makes 14 acquisitions for Ficodis Group, allowing the company to complete its network of power transmission distributors and add new brands to its product portfolio.
Onicon Inc., a Harbour Group company based in Largo, FL, has acquired the parent company of Pulsar Process Measurement Ltd., Jeff Fox, Harbour Group’s chairman and chief executive officer, has announced.
Mueller Water Products of Atlanta announced that it has acquired Krausz Industries, Ltd., a manufacturer of pipe couplings, grips and clamps, for US$140 million in cash. Krausz provides a full suite of innovative and proprietary pipe couplings, grips and clamps under the HYMAX brand for the global water and wastewater industries.
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Bristol-Myers Squibb Company of New York, NY, and Summit, NJ-based Celgene Corporation have announced that they have entered into a definitive merger agreement under which Bristol-Myers Squibb will acquire Celgene in a cash and stock transaction with an equity value of approximately US$74 billion.
Emerson has acquired iSolutions Inc., a Calgary-based consulting group with expertise designing and implementing data management solutions.
Vaisala has acquired K-Patents Group of Vantaa, Finland, a pioneer in in-line liquid measurements for industrial applications. The acquisition broadens Vaisala’s product offering to liquid measurements and strengthens its position as the global leader in the industrial measurement market.
Festo has acquired Fabco-Air of Gainesville, FL, a manufacturer of pneumatic automation components. The acquisition is the latest in a series of investments to support sales growth in North America. Fabco-Air’s NPT pneumatic cylinders are used on new machinery and systems and as replacement components.
Vortex has announced the acquisition of Kasa Fab, a custom metal fabrication and manufacturing company. Located in Salina, Kansas, Kasa Fab was a division of Kasa Companies, which includes Kasa Controls & Automation, IntelliFinishing and Kasa Anlagen.
Leverkusen, Germany–based pharmaceutical giant Bayer has completed the biggest acquisition in its history in the second quarter of 2018, when it acquired Monsanto for US$63 billion. Bayer considerably expanded its seed business through the acquisition of Monsanto, particularly for corn and soybeans, the company says.
