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Coveris acquires St. Neots Packaging

2014-06-17 01:00:00| Packaging Gateway

Global plastic packaging company Coveris has acquired cartonboard manufacturer St. Neots Packaging to support its continued growth in the segment.

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A123 Systems acquires lithium titanate and Li-imide electrolyte technology from Leyden Energy; micro-hybrid focus

2014-06-16 17:30:48| Green Car Congress

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ATC acquires BR Towers for BRL 2.18 bln

2014-06-16 09:12:00| Telecompaper Headlines

(Telecompaper) American Tower Corporation (ATC) said it has agreed to fully acquire Brazil's BR Towers for BRL 2.18 billion from private equity investors GP Investments, Bradesco BBI, and other shareholders. BR Towers is expected to own around 2,530 towers and the exclusive use rights for about 2,110 more in Brazil at closing. The purchase price is subject to customary adjustments, and will be given in a combination of cash and the assumption of certain existing debt. ATC expects the towers to generate BRL 292 million in annual run rate revenues and BRL 181 million in annual gross margin. The deal is believed to be immediately accretive to adjusted funds from operations upon closing. The transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close in the fourth quarter.

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B&K Precision Acquires Teknix S.A.

2014-06-16 06:00:00| Industrial Newsroom - All News for Today

New Subsidiary Will Operate as South American Headquarters<br /> <br /> YORBA LINDA, CA &ndash;  BK Precision Corporation announced today the acquisition of Teknix S.A., a service and calibration company based in São Paulo, Brasil. Under the new name of B&K Precision Brasil, the subsidiary company will become B&K Precision&rsquo;s headquarters for South American operations. Antônio Freitas, who founded Teknix S.A. in 1999 will continue to serve as the manager of calibration and service ...

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3-GIS Acquires Second Contract with Southern Light

2014-06-16 06:00:00| Industrial Newsroom - All News for Today

Decatur, AL &mdash; 3-GIS, an Alabama based GIS Software Development Company, announces that Southern Light has signed a contract to deploy 3-GIS Mobile as their second 3-GIS Network Solution in use.<br /> <br /> Based out of Mobile, Alabama, Southern Light is a leading provider of fiber optic network for business services and wireless tower backhaul. Spanning throughout 4 states, Southern Light uses the 3-GIS Network Solution, 3-GIS Web, to help manage more than 4,300 miles of fiber network. ...This story is related to the following:Network Management Software |

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