Construction Supplies & Fixtures

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Builders FirstSource completes acquisition of Empire Truss, Ltd.

Tuesday, 23 Dec 2014 09:00am EST

Builders FirstSource Inc:Announces it has purchased Empire Truss, Ltd.The transaction, which closed Dec. 22, represents the fifth acquisition Builders FirstSource has completed in 2014.Empire's financial advisor during the transaction was Danny McQuary of Note Orius, Inc.

Aleris to sell extrusions business to Sankyo Tateyama Inc

Thursday, 18 Dec 2014 01:49pm EST

Aleris:Signs definitive agreement to sell its aluminum extrusions business to Sankyo Tateyama, Inc.Says sale includes four production facilities in Europe and one in China.Says it has agreed to pay a purchase price of 35.5 million euros for the business and assume about 46 million euros of pension liabilities.Transaction is expected to close in the first quarter of 2015.

Assa Abloy AB acquires Digi Electronic Lock in China

Thursday, 11 Dec 2014 02:00am EST

Assa Abloy AB:Signs an agreement to acquire Digi Electronic Lock, the digital door lock manufacturer in China.Transaction is subject to regulatory approval and is expected to close during Q4 2014.

LIXIL Group Corp subsidiary LIXIL Corporation changes plan of acquiring stake in GROHE Group S.a r.l. from Cai GmbH

Wednesday, 10 Dec 2014 03:30am EST

LIXIL Group Corp:Subsidiary LIXIL Corporation to acquire 7,142,857 shares of GROHE Group S.a r.l. from Cai GmbH with amount of 30,926 million yen.LIXIL Corporation to hold 32,142,857 shares (56.25 pct stake) of GROHE Group S.a r.l. after investment.Latest plan disclosed on Sep. 26, 2013.

Sika AG does not support change of control to Compagnie de Saint Gobain SA

Monday, 8 Dec 2014 12:02am EST

Sika AG:Says were informed on Dec. 5, that French Group Saint-Gobain intends to indirectly acquire all shares held by Burkard family, Sika's current majority shareholder.Says if transaction were to be closed, Saint-Gobain would control 52.4 pct of all voting rights and 16.1 pct of Sika's share capital.Says will not make offer to public shareholders of Sika.Says Board and Group Management of Sika have neither been involved nor consulted in connection with proposed transaction.Says Board and Group Management do not support the change of control of Sika to Saint-Gobain.Says Board neither sees industrial logic in transaction, nor significant synergies for Sika.Says non-conflicted Board members and Group Management each independently have decided to resign following closing of transaction.

Assa Abloy AB acquires ODIS in Chile

Monday, 1 Dec 2014 02:00am EST

Assa Abloy AB:Says it has signed an agreement to acquire ODIS Limitada, a supplier of locks, padlocks and steel doors to the Chilean market.Says the transaction is expected to close during Q4 2014.


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