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Iberdrola acquires UIL for $3bn to form new power and gas utility in US

2015-02-26 01:00:00| Power Technology

The US unit of Iberdrola has signed a $3bn deal to buy UIL Holdings and create a new publicly-traded entity.

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Middleby acquires high speed slicing unit

2015-02-24 17:09:09| Industrial Machines - Topix.net

The Middleby Corporation announced it will acquire the assets and the manufacturing facility of the High Speed Slicing business unit of Marel, based in Norwich, United Kingdom. The slicing business has annual revenues of approximately $15 million USD.

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Dumore Acquires Grove Die Casting

2015-02-24 11:30:42| Industrial Newsroom - All News for Today

President/CEO Guillermo Wil Fernandez announced that Dumore Corporation located in Mauston, Wisconsin has acquired the assets of Grove Die Casting, Inc., located in Union Grove, Wisconsin. Now registered as Grove Die Casting LLC, the company is operating as a wholly owned subsidiary of Dumore Corporation...

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MAHLE Acquires Delphi's Thermal Management Division

2015-02-24 11:30:42| Industrial Newsroom - All News for Today

STUTTGART, Germany  MAHLE has signed a definitive agreement to acquire the wholly-owned thermal business of U.S. automotive supplier Delphi Automotive PLC (NYSE: DLPH). In 2014, the Delphi division and its approximately 7,600 employees achieved annual sales of about $1.2 billion (roughly 1.0 billion euros). After...

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Panasonic Acquires TS Sports

2015-02-24 11:30:42| Industrial Newsroom - All News for Today

Acquisition of high-end LED video display solutions company expands Panasonic's market reach, adds display fabrication capability NEWARK, N.J.  Panasonic has acquired TS Sports, a Dallas, TX-based, privately-held electronic video board systems integrator specializing in state-of-the-art light-emitting diode (LED...

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