Acquisitions, mergers picking up steam in U.S., worldwide
A new surge in mergers and acquisitions seems to be underway this summer among many companies in or related to the control and automation field, according to an informal analysis of news items gathered by Control Engineering. This activity may be just another business cycle, or it also could be an indication that U.
A new surge in mergers and acquisitions seems to be underway this summer among many companies in or related to the control and automation field, according to an informal analysis of news items gathered by Control Engineering . This activity may be just another business cycle, or it also could be an indication that U.S. and global economies are accelerating, and that manufacturers are again willing to invest capital acquiring new technologies, capabilities, and organizational capacity. Here are some of the most significant transactions in July 2005:
Schneider to buy BEI for $562 million
Brooks Automation buying Helix Technology for $454 million
Invensys sells Lambda for $235 million
Advent selling Moeller to Doughty for 1.1 billion euros
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