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BASF Case Shows How Liabilities May Emerge Long After Acquisition

2015-09-08 16:28:33| Jewelry - Topix.net

When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in everything from wallboards to handling auto tires on the factory line.

Tags: long case shows acquisition

 

BASF Case Shows How Liabilities May Emerge Long After Acquisition

2015-09-08 16:22:45| Industrial Machines - Topix.net

When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in everything from wallboards to handling auto tires on the factory line.

Tags: long case shows acquisition

 
 

CommScope expands to small cells with Airvana acquisition

2015-09-08 15:52:00| Telecompaper Headlines

(Telecompaper) CommScope has agreed to acquire small cells specialist Airvana for an undisclosed amount. Founded in 2000, Airvana began to develop small cell technology to complement its macro cell mobile infrastructure products and now focuses exclusively on small cells. The company has shipped 1.5 million small cells to date and supports one of the largest small cell networks in the world. The acquisition will expand CommScope's range of products to enhance indoor wireless capacity and coverage, adding small cells to its distributed antenna systems. CommScope said it will be able to provide a broad range of systems, from single-operator, single-band, low capacity environments all the way through multi-carrier, multi-technology, multi-band, high capacity environments. Airvana CEO Richard Lowe, co-founder and CTO Vedat Eyuboglu and the rest of Airvana's employees, most of whom are based in Massachusetts and Bangalore, will join CommScope.  The acquired business will continue to be headquartered in Chelmsford, Massachusetts and will operate within CommScope's Wireless segment upon completion of the acquisition. The deal is expected to be completed within the next 60 days, and CommScope will fund the acquisition with cash on hand. 

Tags: small cells acquisition expands

 

Columbus McKinnon Completes Acquisition of Magnetek

2015-09-08 12:31:10| Industrial Newsroom - All News for Today

Combination of Complementary Strengths Creates a Unique Global Material Handling Company AMHERST, N.Y. - Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of material handling products, today announced that, through a wholly owned subsidiary, it has completed the acquisition...

Tags: acquisition columbus completes mckinnon

 

Abbott Completes Acquisition of Tendyne Holdings, Inc.

2015-09-08 12:31:10| Industrial Newsroom - All News for Today

ABBOTT PARK, Ill. - Abbott (NYSE: ABT) announced today that it has completed its acquisition of Tendyne Holdings, Inc., a private medical device company focused on developing minimally invasive mitral valve replacement therapies. Abbott acquired the equity of Tendyne that it did not already own for $225 million...

Tags: acquisition holdings completes abbott

 

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