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Gardner Denver, Inc. reported that it has completed its previously announced acquisition of Thomas Industries Inc. (“Thomas”). Total cash consideration for the outstanding shares and share equivalents of Thomas amounted to $734.2 million. The net transaction value, including the assumption of $8.7 million of long term debt and net of $262.8 million of cash acquired, was approximately $480.1 million.

Wilo AG is one of the leading international suppliers of pumps and pump systems and can look back on another successful fiscal year in 2004: The worldwide group turnover increased by 7.2 per cent from 616.6 million to 660.8 million Euros.

In the past decade, European directives for energy classification in the area of household appliances and lighting have been introduced. Wilo now presents a similar energy-consumption label for heating circulators.

Diversified industrial manufacturer Eaton Corporation’s aerospace business has been awarded a five-year extension by Continental Airlines to a 10-year cost per flight hour (CPH) retrofit and maintenance program.

Wilo has introduced a new generation of electronically regulated, glanded pumps: the single pump Wilo VeroLine-IP-E and the double pump Wilo VeroTwin-DP-E. These pumps have been adapted to meet future demands and replace, with immediate effect, the well-known series IP-E and DP-E.

Gregg Sengstack, Senior Vice President and Chief Financial Officer, has been promoted to the position of Senior Vice President, International and Fueling Group. In this new position Mr. Sengstack will be responsible for Franklin Electric’s Water Systems business in the Pacific Rim as well as…

Parker Hannifin Corporation announced it has acquired Hanil Hydraulics Company, Ltd., a Korean-based maker of hydraulic valves used in construction equipment applications. Terms of the deal were not disclosed. The acquisition is expected to be accretive to earnings within the first full year of integration.

The Austrian BWT Aktiengesellschaft, Europe’s market leader in the water treatment sector, disclosed today in an ad-hoc announcement the intention to spin off its wholly owned subsidiary Christ Water Technology AG with its …

Frost & Sullivan’s recent analysis, North American UPS Market — Government Sector, selected Eaton Corporation as the recipient of the 2005 Customer Development Leadership Award for its ability to best perceive customer’s uninterruptible power system (UPS) needs and develop products that have resulted in exceptional market penetration rate growth.

National Oilwell Varco, Inc. announced that the Norwegian Competition Authority (NCA) has issued a formal objection to the merger of National-Oilwell, Inc. and Varco International, Inc…