Heavy Electrical Equipment

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AQ Group AQ Lasertool Ou signs Letter of Intent to acquire Sertec Engineering Estonia Ou

Wednesday, 18 Jun 2014 09:11am EDT

AQ Group AB:Subsidiary AQ Lasertool Ou signs Letter of Intent with Sertec Engineering Estonia Ou to acquire its business assets.Business deal to be made as cash transaction.Sertec Engineering Estonia Ou is supplier of sheet metal component and assemblies for automotive and commercial vehicles with net sales of about 5 million euros and 75 employees.Its operations are to continue in current location in Juri, Estonia.

Harju Electrics Ltd announces further development concerning subsidiary purchase of 100 per cent in Finnkumu Oy shares

Tuesday, 17 Jun 2014 07:30am EDT

Harju Electrics Ltd:Announces that on June 17, Satmatic Oy, a subsidiary of the company in Finland, signed a contract for the purchase of all shares in Finnkumu Oy, Finland’s pre-fabricated substation producer.Says that after the transaction, Finnkumu Oy will continue to operate under its own name and brand as a wholly-owned subsidiary of Satmatic Oy.Says that the transaction took effect on June 17, which is also when accounts were settled.Says that for the purchase transaction, 6,575 thousand euros was paid.Says that the purchase transaction was funded out of the own funds of Harju Electrics Ltd.

Guangzhou Shipyard International Co Ltd completes acquisition

Monday, 16 Jun 2014 06:07am EDT

Guangzhou Shipyard International Co Ltd:Refers to previous announcements.Says on March 5, the guangzhou administration for Industry and Commerce issued a new business license of Longxue Shipbuilding evidencing the company holds 100 pct equity interest in Longxue Shipbuilding.The company settled the consideration of the acquisition in full to the vendors.All the conditions precedent to the acquisition have been satisfied and the completion of the acquisition took place on June 16.

Weidmueller Beteiligungsgesellschaft mbh says increases offer price for R Stahl shares to 50.00 euros per share and extends acceptance period

Friday, 13 Jun 2014 05:53am EDT

R Stahl AG:Weidmueller Beteiligungsgesellschaft mbh says it increases offer price for R Stahl. shares to 50.00 euros per share and extends acceptance period.Weidmueller Beteiligungsgesellschaft mbh says it has extended public offer until midnight (CET) on 1 July 2014.Weidmeuller Beteiligungsgesellschaft says all other conditions of the takeover offer remain unchanged.

R Stahl AG still rejects Weidmueller offer

Friday, 13 Jun 2014 05:50am EDT

R Stahl AG:Still rejects Weidmueller offer.Says slightly improved offer price still does not reflect real value of shares.


Thursday, 12 Jun 2014 12:00pm EDT

Mecelec SA:Acquires 100 stake in BESACIER, effective as of July 1.Stake acquired from company's shareholder SAS SECONDE CHANCE for 1.8 mln euros.BESACIER specializes in precision metallic parts manufacturing.It employs about 50 people and reported FY 2013 revenue of 6.9 mln euros with net income of 269,000 euros.BESACIER is company's supplier since 2012.It is to stay independent entity as company's wholly owned subsidiary.


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Provider: Bohai Securities Co.,Ltd.
Provider: Bohai Securities Co.,Ltd.
Provider: GlobalData
Provider: Reuters Investment Profile
Provider: Bohai Securities Co.,Ltd.

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