MandADeals
Search the site:

Print
Email
Text size
Comment

Crane acquires manufacturing firm

Done deals

• Crane, a diversified manufacturer of highly engineered industrial products, unveiled its plans to purchase all of the capital stock of Delta Fluid Products, a designer and manufacturer of regulators and fire safe valves for the gas industry, for $28 million (£15.6 million)

• Irish drinks group C&C, has sold its distribution firm Findlater Grants to DCC for 9.6 million (£7.6 million)

• Dublin-based online shopping and e-business software specialist, Buy4Now, has sold its US business interests to MyWebGrocer in a deal worth $15 million (£8.3 million)

• Hispania Capital Partners announced the sale of Samy Companies to Hoyu, a privately-held, international hair care products company based in Japan. The terms of the transaction were not disclosed

• Charles River Laboratories International has acquired privately-held Molecular Imaging Research for $12.5 million (£7 million)

• Randall & Quilter, an AIM traded run-off management service provider and acquirer of solvent insurance companies in run-off, has acquired KMS, a London-based provider of insurance run-off services, for £1.78 million

• Charles Taylor Consulting has bought Santam Europe from Santam International for up to £10 million

• Manx-based Isle Boston has acquired Lawfords Isle of Man Corporate Services and Trust business as part of its ongoing expansion plans. The deal amount was undisclosed

In the pipeline

• Best Buy has agreed to buy Napster, a music subscription service for $121 million (£67.5 million)

• Barclays confirmed that it is in talks with Lehman Brothers to buy some of the US banks’ assets. They are reportedly interested in the brokerage activities, including equity, M&A and debt activities

• Getinge, a global medical technology company with operations in the cardiac surgery and vascular surgery markets among others, announced that it has agreed to acquire Datascope for $865 million (£483 million)

• Green Mountain Coffee Roasters has executed an Asset Purchase Agreement to acquire the Tully’s coffee brand and wholesale business from Tully’s Coffee for $40.3 million (£22.5 million)

• Advanced Equities Financial and Dekania announced today that they have entered into a definitive agreement under which the companies will merge. Post-deal, the company will trade as Advanced Equities Financial

• Germany's Lufthansa has agreed to pay up to 250m (£198.6 million) for smaller Belgian rival Brussels Airlines to expand its flight network and add business travellers to its customer base

Users comment

There are currently no comments on this post. Leave a comment

 
You have to be logged in.