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Apogee to acquire window company EFCO Corp for $195 mln

Monday, 1 May 2017 09:00am EDT

May 1 (Reuters) - Apogee Enterprises Inc :Apogee announces agreement to acquire window company, EFCO Corporation, for $195 million.Apogee Enterprises Inc - is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises Inc - expect to generate $10 million to $15 million in annual synergies and operational efficiencies by fiscal 2020.Apogee Enterprises Inc expects acquisition to generate cash and be accretive to Apogee's EBITDA and EPS, excluding transaction costs, this fiscal year.Says Apogee is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises - EFCO will be ninth independent operating unit in Apogee portfolio and reported as part of architectural framing systems segment.

Steico buys production plant from insolvency mass

Thursday, 27 Apr 2017 06:55am EDT

April 27 (Reuters) - Steico SE ::On April 25, 2017 Steico se bought a modern production plant for the production of flexible insulation from the dry process.Favorable purchase price of under 1 million euros ($1.09 million).

Ahlsell buys Svensk Industri & Kommunservice

Tuesday, 25 Apr 2017 02:44am EDT

April 25 (Reuters) - AHLSELL AB (PUBL) ::AHLSELL AB - AHLSELL ACQUIRES SVENSK INDUSTRI & KOMMUNSERVICE AB.CLOSING IS ESTIMATED TO BEGINNING OF JUNE.ACQUISITION IS EXPECTED TO HAVE MARGINAL POSITIVE IMPACT ON AHLSELL'S EARNINGS PER SHARE FOR 2017.SAYS WILL CONTINUE OPERATIONS UNDER SIKAB BRAND BUT INTENDS TO INTEGRATE PURCHASING, LOGISTICS AND ADMINISTRATION..

Nvc Lighting Holding enters subscription agreement and limited partnership agreement with Guoyuan Asset Management (Asia)

Sunday, 23 Apr 2017 09:03pm EDT

April 24 (Reuters) - Nvc Lighting Holding Ltd <2222.HK>:Company and general partner entered into subscription agreement and limited partnership agreement.Company has applied to subscribe for interest with a committed capital contribution of usd30 million to fund."General partner" is Guoyuan Asset Management (Asia) Limited.

Assa Abloy says buys Jerith Aluminum Fence in the US

Tuesday, 18 Apr 2017 02:00am EDT

April 18 (Reuters) - Assa Abloy Ab :Assa Abloy acquires Jerith Aluminum Fence in the US.Says sales for 2017 are expected to reach some usd 20 million (approx. SEK 200 million) with a good EBIT margin and acquisition will be accretive to EPS from start.Says Jerith was established in 1961 and has some 75 employees.

Dongwha Enterprise to buy TaeYang Chemical for 40.5 bln won

Friday, 14 Apr 2017 04:55am EDT

Dongwha Enterprise Co Ltd <025900.KQ> :Says it will buy entire 68,000 shares of TaeYang Chemical Co. Ltd for 40.5 billion won to hold 100 percent stake in target company.

Asahi Glass says result of ToB for shares of Vinythai Public

Wednesday, 12 Apr 2017 02:00am EDT

Asahi Glass Co Ltd <5201.T> :Says it acquires 152,450 shares (0.01 percent voting rights) of Vinythai Public Company Limited for 2.3 million baht(about 7 million yen), via ToB from March 3 to April 7.

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