NETZSCH to Be Acquired by COLFAX
April 9, 2003
Selb, Germany and Richmond, VA —COLFAX has signed an agreement to acquire all share of NETZSCH Group in a transaction that is expected to close in May 2003. The four business units of NETZSCH are Analysis and Testing, Filtration, Grinding and Dispersing, and Pumps. COLFAX is a provider of fluid handling and power transmission products. [...]
Whatman Cuts Product Lines and Personnel
March 31, 2003
Maidstone, Kent, UK--Whatman plc has announced that it will decrease its product range from approximately 16,000 list numbers to 4,000. It also plans a revised reorganization of its manufacturing facilities that will consolidate manufacturing and technical resources from 14 locations to 4 and a 20% reduction in personnel by year end.
Foss extends range of NIR-based dedicated analytical solutions
March 3, 2003
(March 3, 2003)For decades, FOSS has harnessed the versatility and power of NIR technology to the benefit of our customers. Two good examples of FOSS leadership in the field of NIR are Infratec, the undisputed global standard for grain payment systems, and the FOSS NIRSystems 5000/6500 series, a de facto world-standard in reflectance for more [...]
InVision to Acquire YXLON International
February 27, 2003
InVision Technologies has entered into a definitive agreement to acquire YXLON International Holding GmbH for €38.6 million ($41.6 million) in cash. YXLON manufactures and sells x-ray diffraction systems for explosives detection and x-ray based non-destructive testing (NDT) systems for industrial applications. For its year ended September 30, 2002, YXLON posted revenues of $57.4 million. According [...]
February 5, 2003
Roper Industries has announced that it is realigning its operating structure around four market-focused segments. The move is designed to increase synergies, reduce costs and serve the long-term growth strategy. The Instrumentation segment, which includes the Acton Research, Antek, Gatan, IDI, Logitech, PAC, Struers and Uson brands, primarily serves test, inspection and measurement applications in [...]
January 9, 2003
Franklin, MA- Thermo Electron has acquired Netherlands-based EPM, a supplier of dilution probe sampling systems for continuous emission monitoring (CEM) applications. EPM has annual revenues of $3 million. It will join Thermo Electron’s Environmental Instruments division. Thermo Electron Environmental Instruments stated that EPM’s products will complement its gas analyzers used for smokestack CEM and gives [...]
Inficon Acquires Process Control Company
January 7, 2003
Syracuse, NY and Zurich, Switzerland - Inficon Holding AG has acquired New Visions Systems, a vacuum instrumentation and process control software company serving the semiconductor industry. The acquisition is expected to be accretive in late 2003 or early 2004 and will add lithography to Inficon’s capabilities for the advance process control market, allowing it to [...]
December 23, 2002
Hawthorne, CA – OSI Systems has filed a complaint against L-3 Communications alleging that L-3 defrauded and breached fiduciary duties related to OSI and L-3’s joint bid for the Detections Systems business L-3 purchased earlier this year from PerkinElmer. The complaint further alleges that L-3 violated California’s unfair competition law and that L-3’s conduct prevented [...]
OSI and L-3 Drop Talks for Former PerkinElmer Business
November 18, 2002
Hawthorne, CA- OSI announced that L-3 Communications has discontinued negotiations over OSI’s proposed acquisition of certain detection businesses that L-3 purchased from PerkinElmer earlier this year. OSI stated that the negotiations were stalled due to issues regarding intellectual property, product line definitions, allocation of employees and OSI’s right to conduct due diligence. OSI also commented [...]
November 4, 2002
Atlanta, GA and Minnetonka, MI – General Electric’s GE Power Systems has entered into an agreement to integrate Osmonics, a water purification and fluid filtration company, into its GE Water unit. For each share of Osmonics’ stock, shareholders will receive the equivalent of $17 of GE common stock, or may elect to receive $17 in [...]
