Mergers & Acquisitions

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  • Jun. 13, 2013
    News

    CMC Announces Acquisition by Burndy

    Burndy LLC and Burndy Canada Inc., affiliates of Hubbell Inc., Orange, Conn., have acquired Connector Manufacturing Co. (CMC) and Canadian Connector Corp. (CCC) respectively, and their Barfield products brand....More
  • Jun. 10, 2013
    blog

    ABB buys UK manufacturer of motors and drives

    ABB, Zurich will acquire UK-based Dynamotive Ltd. to expand its offering in low- and medium-voltage drives and motors. Dynamotive has about 40 employees and is privately owned. Its owners will continue to work for ABB. Details...More
  • Jun. 6, 2013
    blog

    SAP acquires hybris to build out offering in mobile e-commerce

    SAP AG, Walldorf, Germany, has acquired hybris, Zug, Switzerland, a developer of e-commerce technology. A press release announcing the acquisition says the deal “positions SAP to deliver the next-generation e-commerce platform, with the choice of on-premise or cloud deployment, as enterprises around the world seek to optimize the customer experience for businesses and consumers across an ever-growing number of delivery channels, devices and touch points.”...More
  • Jun. 5, 2013
    blog

    Actuant to sell Gardner Bender and other brands in its Electrical segment

    Actuant Corp., Milwaukee, plans to divest its Electrical segment, which  serves the wholesale electrical  retail do-it-yourself, marine, industrial OEM markets with products under the Gardner Bender, Marinco, Mastervolt, Acme and Turner Electric brand names. In 2012, this segment had sales of approximately $325 million....More
  • Jun. 3, 2013
    blog

    Sonepar enjoys another year of 10% growth in 2012

    Sonepar SA reported a 10% increase in its global sales to €16.3 billion in 2012 (approximately $21.3 billion). 2012 was yet another busy year of acquisitions for the Paris-based company. Its biggest purchases were Grupo Rosa Leal in Brazil; Codale Electric Supply in the U.S.; DEP Engineering in Thailand; and Corys Electrical in New Zealand, which brought Sonepar an additional €500 million (approximately US $653.96 million). The Corys Electrical acquisition in New Zealand enlarged the group’s geographic footprint to a total of 36 countries....More
  • Jun. 3, 2013
    blog

    Bloomberg reports on persistent speculation that Rockwell is an acquisition target

    Although Rockwell management has shown no interest in persistent rumors that the company is a takeover target for an industrial conglomerate like ABB, Emerson or Honeywell, speculation continues, according to this Bloomberg report. Rockwell's stellar balance sheet and tight focus on automation make it an attractive acquisition target, say industry insiders.    ...More
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