IN FOCUS

IDEX announced the acquisition of Toptech Systems, Inc., a leading provider of terminal automation systems used in the custody transfer and control of high value fluids and gases. Based in Longwood, Florida, with revenues of …

Parker announced the acquisition of Power Components of Midwest Inc., a designer and manufacturer of sensors and switches for original equipment manufacturers in the agricultural, off-road vehicle, heavy truck and general industrial markets.

IDEX announced that it has completed its previously announced acquisition of Banjo Corporation , a leader in special purpose, severe duty pumps, …

SKF has acquired Economos Austria GmbH from Salzer Holding GmbH. Economos is an Austrian industrial seals company manufacturing hydraulic and pneumatic seals for the oil and gas, food and beverage, pulp and paper, mining and steel industries.

IDEX Corporation announced it has entered into a definitive agreement to acquire Banjo Corporation, a leader in special purpose, severe duty pumps, valves, fittings and systems which serve both OEM and after-market applications in agricultural and industrial liquid handling.

In 2005 the companies Mixpac, Werfo, and Mold achieved combined sales of approximately CHF 110 million and today employ around 350 persons. Sulzer Chemtech intends to use the acquisition to strengthen and expand its market position in static mixing. Sulzer purchases the corporations Mixpac, Werfo, and Mold in two steps for about CHF 210 million.

SKF’s acquisition of John Crane’s lubrication systems business has now been completed. This business is headquartered and has its manufacturing operations in Muurame in Finland and in addition has sales offices in Sweden, Germany, USA and Brazil.

Diversified industrial manufacturer Eaton Corporation announced it has reached a definitive agreement with Dover Resources, Inc. to purchase its Ronningen-Petter industrial fine filtration business.

On June 27, Mercury S.r.l. and Lowara S.r.l. executed a final agreement whereby Mercury sells to Lowara its business inclusive of engineering, production and sales activities related to electric motors for submersible pumps up to a power rating of 300kW. The sale includes the trade brand as well.

IDEX Corporation announced the sale of Lubriquip, Inc., its lubricant dispensing business, to Graco Inc., as IDEX aligns its dispensing segment to focus on core strengths. Terms of the transaction were not disclosed.