Chevron Phillips Chemical Company, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, according to Reuters.
Emerson of St. Louis, MO, has acquired Berkeley, CA-based Bioproduction Group (Bio-G), a leader in simulation, modeling, and scheduling software for biomanufacturing. Bio-G’s scheduling and modeling systems combined with Emerson’s extensive life sciences technology and expertise portfolio will help companies bring therapies for cancer, diabetes and other illnesses to patients sooner.
Saint John, NB-based Irving Oil has announced its acquisition of the Tedcastle group of companies, an Irish-based energy marketing and distribution organization, which operates under the brand name Top Oil.
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.
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.