Tag Archives: acquisitions

Arnold Magnetic acquires Ohio manufacturer (access required)

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Rochester’s Arnold Magnetic Technologies Corp., a subsidiary of Compass Diversified (CODI) today has acquired Ohio manufacturer Ramco Electric Motors Inc. Financial terms of the transaction were not disclosed. Arnold is a leading global manufacturer of high-performance magnets, magnetic assemblies, precision ...

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Jrlon acquires South Carolina manufacturer (access required)

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Wayne County’s Jrlon Inc. has extended its footprint with the acquisition of South Carolina manufacturer Metalworx Inc. Financial details of the transaction were not disclosed. Metalworx is a high-performance contract manufacturer that specializes in precision machining and complete metal fabrication. ...

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Doyle Security acquires two firms (access required)

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Rochester’s Doyle Security Systems Inc. has expanded its reach with the acquisition of two security companies. Doyle, the largest provider of residential and commercial security, fire and medical monitoring systems in Upstate, Western and Central New York, has acquired 4,000 ...

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PwC acquires EagleDream Technologies (access required)

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PricewaterhouseCoopers LLP has agreed to acquire Rochester tech startup EagleDream Technologies for an undisclosed sum. Upon closing, EagleDream’s 100 employees will transition to PwC’s U.S. Advisory business. “Combining EagleDream’s depth of cloud-narrative expertise with the core competencies PwC provides offers ...

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Gorbel acquires Canadian firm (access required)

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Victor manufacturer Gorbel Inc. has acquired Engineered Lifting Systems & Equipment Inc., a Canadian company based in Ontario. Financial details of the acquisition were not disclosed. ELS is a manufacturer, designer and distributor of a wide portfolio of material handling ...

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Xerox vacates plan to acquire HP (access required)

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Xerox Holdings Corp. has bowed out of its plan to acquire HP Inc., the company said in a statement Tuesday. “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is ...

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WorldWide Electric acquires Alabama specialty motor company (access required)

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WorldWide Electric LLC has acquired Louis Allis, a specialty motor company based outside of Birmingham, Ala. Financial details of the acquisition were not disclosed. Worldwide Electric is a Rochester-based developer, importer and distributor of high performance industrial electric motors, gear ...

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G&W acquisition vote faces opposition (access required)

Darien, Conn.-based G&W, which has its administrative base in Rochester, owns and operates short-line and regional freight railroads in the U.S., Canada, the Netherlands and Australia.

Genesee & Wyoming Inc., the global railroad company which was founded in the Rochester area more than 120 years ago, was scheduled to vote today on its planned acquisition by Brookfield Infrastructure Partners, GIC and Brookfield Infrastructure’s institutional partners in ...

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