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Construction Supplies & Fixtures

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Daiken consolidated subsidiary to buy Dongwha New Zealand

2:10am EDT

Sept 19(Reuters) - Daiken Corp <7905.T>:Says its consolidated subsidiary DAIKEN NEW ZEALAND LIMITED plans to acquire 100 percent stake in Dongwha New Zealand Limited .Price undisclosed .Transaction date in late December .

Assa Abloy buys Mercury Security in the U.S.

2:00am EDT

Sept 19 (Reuters) - Assa Abloy Ab ::Says acquires Mercury Security in the U.S..Says sales of acquired company, a supplier of controllers for physical access control, for 2017 are expected to reach USD 60 million (approx. SEK 500 million).Says the acquisition will be accretive to EPS from start.

Installed Building Products to acquire Astro Insulation

Monday, 18 Sep 2017 05:15pm EDT

Sept 18 (Reuters) - Installed Building Products Inc :Installed Building Products announces the acquisition of Astro Insulation.Installed Building Products Inc - ‍Acquisition of All In Insulation, LLC D/B/A Astro Insulation​.

Ahlsell acquires Lenson Elektro

Wednesday, 13 Sep 2017 02:00am EDT

Sept 13 (Reuters) - AHLSELL AB (PUBL) ::AHLSELL ACQUIRES NORWEGIAN SUPPLIER WITHIN TEMPORARY ELECTRICAL INSTALLATIONS.‍AHLSELL AS HAS ENTERED INTO AN AGREEMENT TO ACQUIRE LENSON ELEKTRO AS WITH AN ANNUAL TURNOVER OF APPROXIMATELY MNOK 22​.‍COMPANY IS PRIVATELY HELD AND AHLSELL ACQUIRES 100% OF SHARES.​.

Griffon's unit to pay Emerson reverse termination fee of $13 mln if certain conditions not met

Friday, 8 Sep 2017 04:37pm EDT

Sept 9 (Reuters) - Griffon Corp :Griffon Corp - If Emerson terminates deal due to co's unit's failure to consummate deal under some conditions, unit to pay Emerson reverse termination fee of $13 million.Griffon - If Emerson terminates deal on unit failing to consummate deal in breach of agreement, though debt financing is available, unit to pay $32.5 million.

Vicplas International announces acquisition of Chelle Medical Ltd

Friday, 8 Sep 2017 05:27am EDT

Sept 8 (Reuters) - Vicplas International Ltd :Proposed Acquisition Of The Entire Issued Share Capital Of Chelle Medical Limited.Deal for us$5 million.‍forefront Medical Technology entered into a share purchase agreement for purchase of Chelle Medical​.Proposed acquisition, when completed, will be immediately accretive to group's annual revenue and profit.

Griffon Corp to buy ClosetMaid and seek alternatives for Clopay Plastic Products

Tuesday, 5 Sep 2017 05:00pm EDT

Sept 5 (Reuters) - Griffon Corp :Griffon corporation to acquire closetmaid® and explore strategic alternatives for clopay plastic products.Griffon corp says deal for $260 million​.Griffon corp - ‍acquisition is expected to be financed through cash on hand, availability on our revolving credit facility​.Griffon corp says acquisition of closetmaid will be immediately accretive to cash flow and earnings.Griffon corp - ‍acquisition also is expected to be financed through committed debt financing which is expected to be in form of a senior notes offering​.Griffon corp - ‍after taking into account tax benefits resulting from transaction, effective purchase price is $225 million​.Griffon corp - ‍in first fy of operations, co expects closetmaid to contribute $300 to $315 million in revenue, between $0.08 and $0.10 in earnings per share​.Griffon corp - ‍griffon and emerson will make a joint election permitting transaction to be treated as an asset purchase for tax purposes​.Griffon corp - ‍election will generate a tax benefit with an estimated present value of $35 million for griffon and its shareholders​.

Shenzhen Mason Technologies resolves to scrap share private placement plan

Monday, 4 Sep 2017 03:51am EDT

Sept 4(Reuters) - Shenzhen Mason Technologies Co Ltd <002654.SZ>:Says it resolves to scrap share private placement plan, which was disclosed on Sept. 5, 2016.Says it plans to apply for loan of up to 224 million yuan from Shenzhen branch of Shanghai Pudong Development Bank to fund acquisition, with a term of six years .

Installed Building Products announces acquisition of Red Rock Insulation

Friday, 1 Sep 2017 04:05pm EDT

Sept 1 (Reuters) - Installed Building Products Inc ::Installed Building Products announces the acquisition of Red Rock Insulation.

Jeld-Wen Holding announces acquisition of Kolder Group

Thursday, 31 Aug 2017 04:30pm EDT

Aug 31 (Reuters) - Jeld-Wen Holding Inc ::Jeld-Wen Holding Inc announces acquisition of the Kolder Group.Jeld-Wen Holding Inc - ‍terms of acquisition were not disclosed​.Jeld-Wen Holding Inc - co expects acquisition to add approximately AU$30 million in annualized revenue.Jeld-Wen Holding-expects deal to be immediately accretive to adjusted EBITDA margins, neutral to adjusted EPS in 2017, accretive to adjusted EPS in 2018​.

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