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Engineering - 1997
GKN is to acquire a 95% stake in Armstong Wheel & Rim Manufacturing, the US maker of parts for off-road vehicles, for £31m, and will buy the remaining 5% within 12 months.
Firth Rixson, the specialist engineer, is acquiring Barworth Flockton and Moss & Gamble Brothers from Barworth for £12m.
Critchley Group, the maker of cable components, is acquiring Groupe Riondet-Malbert of France for £7.8m.
Wilshaw, the metals and building materials company, is planning to sell its distribution division to a new company called Tractiv Holdings for £22m.
TI Group is acquiring Sealol, the mechanical seals business, from EG&G of the US for £61m, and will sell its Belfab metal bellows operation to EG&G for $45m.
Rolls-Royce has sold International Combustion, its boiler manufacturing business, to ABB for a sum thought to be less than £10m, but will retain the Derby factory to make components for ABB and other companies.
Doncasters, the Derby-based engineering company, has launched a £194m recommended takeover bid for Triplex Lloyd, the castings company, and intends to sell Triplex's automotive division.
United Industries is to acquire Neepsend, the engineering company, for £13.8m.
John Crane Marine, the TI subsidiary, is acquiring the marine seal business of EG&G of the US for £2.5m.
Andrews Sykes, the heating and pumps company, has acquired RCR of Buckinghamshire for £3.4m.
Alchemy Partners, the venture capital company, is to acquire Wellman, the specialist engineer, for £73m in order to take the company private and enable it to be restructured away from the demands of the public market.
Waste Recycling has acquired East Waste, the Cambridgeshire County Council waste disposal company, for £11.9m.
South West Water is acquiring Terry Adams, the landfill waste disposal company, for up to £105m, which is expected to make the utility the largest landfill operator in the UK.
Morgan Crucible is acquiring four bolt-on acquisitions for £32m, including a German manufacturer of engineered ceramics, a Texas-based supplier of piston rings, an Italian ceramics distributor, and a 51% stake in a refractories company in Argentina.
Caterpillar of the US is to acquire the Perkins diesel engine business from LucasVarity for £800m, which will enable LucasVarity to make acquisitions in the aerospace and automotive sectors.
TI Group is to sell its 50% stake in Messier-Dowty, the landing gear business, to Snecma, its joint venture partner, for £207m.
US Industries has acquired Spear & Jackson, the tools manufacturer, from Apax Partners for over £57m.
Full Circle Industries is selling its Selecta bathroom products business for up to £5.6m in order to focus on kitchen and bedroom home improvements.
TI Group is acquiring a 30% stake in Lips United, the Dutch marine propulsion group, for £7m and has an option to buy the remaining 70%.
Senior Engineering is to acquire Metal Fab Machine Corporation, the US maker of welded metal bellows, for £11m.
David Brown is acquiring Union Pumps Company, the US pumps concern, for £38m.
Concentric has sold the non-satellite part of its Pressed Products subsidiary to European Commercial Pressings of the US for £7m.
Siebe is selling Wells Electronics, the US maker of semiconductor testing equipment, to PCD for £77m.
Ransomes, the engineering company that supplies grass-cutting equipment to golf courses, is being acquired by Textron of the US for £83m, and Textron is planning to expand the Ipswich factory.
BTR is to sell its US seals and shielding systems business, its hosing and belting businesses, and a number of small industrial businesses to a management-led venture called Unipoly, in a £515m disposal that will help it focus on engineering.
Wolseley, the heating and pumping equipment company, has sold Hunterskil Howard, its contract staff placement business, to AccuStaff for £45m.
Lonrho has sold Cramlington Textiles to Woodrow Wilson Investments for a notional price.
Eadie Holdings is selling Ross & Bonnyman, its mechanical handling equipment division, to Ledge 345, a company formed for the purpose, for £8.2m.
Vacu-Blast, the air-blasting machinery concern, has been resold to US Filter for £8m by Kleinwort Benson Development Capital.
Broomco, the subsidiary of International Mezzanine Investment, has acquired Graystone's engineering division for £18m.
Protean, the water filtering equipment company, is to be acquired by Culligan Water Technologies of the US for £105m.
Morgan Crucible has acquired four companies for a total £10m - MH Detrick, the high temperature insulating products company, ETS Schaefer, Reineke's fine graphite operation, and Ringsdorff Carbon's electrical carbon business.
Beauford has acquired Allied Insulators, the electrical insulator, from Fairey Group for an initial £8m, as Fairey continues to refocus its activities in the ceramics sector.
INA of Germany is planning a 30% increase in production at its roller bearings plant in Llanelli, south Wales, creating 100 jobs.
Delta's plumbing products division has acquired National Vulcan Safety Products from Royal & Sun Alliance for £4.5m.
Carbo has sold the foundry business of its Bryan Donkin Engineering subsidiary to a private investor group for £2m, in order to focus on industrial abrasives.
Gresham Trust has acquired Penny & Giles Instrumentation, the paperless process chart recorders business, from Bowthorpe for £4.75m.
IMI has acquired Herion-Werke, the German pneumatic controls company, for £38m, and hopes to benefit from selling its other products to Herion's customers.
Concentric has acquired Truflo Air Movement, the impeller maker, from Charles Baynes for £9.3m.
Aurora Group has acquired Cromdane, the steel bar supplier, from Carclo Engineering for £4.4m.
L Gardner has acquired Avon Transmission Services from Ascot Holdings for £2m.
McLeod Russel is acquiring Infiltro, the Spanish air filtration company, for up to £2.4m.
Ascot has sold Presto Engineers Cutting Tools to Kennametal of the US for £15m, and will use the proceeds to cut borrowings.
Semple Cochrane is acquiring two Scottish marine engineering companies - Garvel Clyde for £1.9m and Forth Estuary Engineering for £2.5m.
Glynwed International has sold its foundry business, which makes cast iron pipes, to Saint Gobain of France for £37m.
Alvis is acquiring Hagglunds Vehicle, the Swedish armoured vehicle maker, from Incentive for £75m.
Charles Baynes is acquiring the Univalve distribution business from Tomkins for £38m, as part of a strategy to focus on distribution and sell its aerospace and truck engine fan manufacturing operations.
Siebe has bought Appliance Control Operations, the French-based controls and automation products company, from Eaton Corporation for £193m.
Powerscreen has acquired Moffett Engineering, the Irish mobile fork lift trucks company, for £21m.
Short Brothers has won a £19.5m government grant to support an expansion of its aircraft parts business, creating 308 jobs in Belfast.
Rentokil Initial has acquired two security companies, Trojan Security and Sigma, for £13.2m.
BBA Group is selling its Haefely Trench high voltage power transmission products business to a management team supported by CVC Capital Partners for £164m.
Amec has acquired Babcock International's process division excluding Water Engineering and BKW Eagleton for a nominal £1, and Babcock will take an exceptional charge of £18.6m.
Gartland Whalley and Barker has acquired General Clutch Corporate of the US and its RollEase trading subsidiary for £18m.
AEA Technology is acquiring ERG Environmental Resource Group, the environmental engineering business, from Southern Water for £6m.
BTR has sold Serck Heat Transfer, the Birmingham-based heat transfer equipment business, to NatWest Ventures for £31.5m.
Cobham is acquiring the aerospace and marine division of ML Holdings for £35m, allowing ML to focus on the distribution of electrical and electronic components.
Wyko Group has acquired ESL Group, the Aberdeen-based supplier of electrical and mechanical services to industry, for £5.5m.
Compagnie Generale des Eaux of France is to acquire Leigh Interests, the UK waste disposal company, for £116m.
BICC is to merge its German cables business with those of NKF of the Netherlands, forming a new venture called Kaiser Kwo Kabel, in order to make cost savings and increase competitiveness in an overcrowded market.
Flare Group, the industrial ceramics company, is to acquire CH Rathbone & Son for £1.15m and Elmeceram of France for £2.33m.
BBA is acquiring Becorit Gesellschaft Wilhelm Beckmann, the German maker of railway friction materials, for up to £28m.
BTR has bought Limitorque, the valve actuator concern, for £36.8m.
Smiths Industries is acquiring Graseby, the medical and instrument testing equipment concern, for £136m.
BTR has acquired Microlite's Brazilian industrial batteries operation for £44m, as part of a strategy to boost sales in emerging markets.
Berisford has acquired Sammic, the Spanish manufacturer of food service equipment, for £21.8m.
DT Industries of the US is acquiring Lucas Assembly and Test System from LucasVarity for £30m, as part of LucasVarity's programme to dispose of 13 non-core businesses.
BI Group is acquiring Cortworth, the specialist engineering company, for £93.6m, taking it into the market for control equipment for the utilities sector.
Avimo Group of Singapore is acquiring the Optronics division of OMI International, the engineering solutions group, for £8m.
Lucas Aerospace, the LucasVarity division, has bought Smiths Industries' engine controls business for undisclosed terms.
Precision Engineering International has been set up as a new company to acquire Metal Spinners Group, the Newcastle-based metal processing business, for about £6m.
Scapa is acquiring Sellotape International's industrial tapes division for up to £43.7m.
Weir Group has acquired Entropie, the French desalination and process contracting company, for £6.5m.
Linde of Germany has acquired Wagon Industrial's retail systems division, which makes fittings for large stores, for £33m.
FKI has finalised a deal to acquire Bridon, the wire and rope maker, for £131m.
Siebe is acquiring Carl Froh's tube production line in Germany for £5.2m, and PJ King, the Australian supplier of tubular fluid systems, for £2.8m.
GKN Westland Aerospace is acquiring Aerospace Composite Technologies of Luton for £21m.
Fairey has acquired NDC Systems, the gauging equipment company based in California, for £18.1m.
TransTec has acquired Vector Plastics, the injection mouldings company, for £18m.
Edgemond Engineering of the West Midlands has been sold by Edgemond Group to a management buy-out for £8.6m.
Saint Gobain of France is acquiring Unicorn, the UK abrasives maker, for £85m.
Senior Engineering has acquired Nitrotec Services, the provider of heat treatment processes for metal components, from LucasVarity for about £3m.
Smiths Industries has acquired Torin Holdings, the small fans and motors company, for £15.5m, and PolyPhaser, the US maker of lightning protection equipment, for £17.5m.
Fenner has acquired Scandura Holdings, the US manufacturer of conveyor belts, for £44m.
Siebe has announced a £331m agreed takeover offer for APV, the process equipment maker.
Cummins Engine of the US is planning a £17m factory near Ramsgate in Kent to make power generating sets, providing 300 jobs.
Morgan Crucible, the industrial carbons and ceramics company, is making four acquisitions for a total £12.4m - AGS of the US, Cupex of France, DR Energy of the UK, and Ash Fibre of the UK - and is also setting up a thermal ceramics joint venture in Japan with Nippon Steel Chemical.
GKN is acquiring Sinter Metals, the US powder metallurgy company, for £352m, thus giving it 14% of the world market for lightweight components made from the precision pressing of metal and carbide powders.
Hepworth is selling its refractories business to Alpine Group of the US for £62m.
Siemens has now agreed to buy Parsons Power Generation Systems from Rolls-Royce for £30m and will take on 880 of the remaining workers.
IMI is acquiring TA Hydronics, the Swedish valve maker, for £97m.
GKN Westland Aerospace is acquiring the assets of BP Chemicals advanced materials business for £9m.
Cruden Bay is to acquire Technolog, the electronic instruments maker, for up to £27.7m.
Carclo Engineering Group has acquired EIS Group's technical moulding division for £25.6m.
Charter has made an agreed £385m bid for Howden, the engineering group.
TT Group has acquired Wire & Cables Group from GEC for £16m.
IMI has acquired Sulzer's Thermtec industrial valves division for £10m.
Glynwed International has sold Wednesbury Tube, the copper tube maker, to Mueller Industries of the US for about £12m.
Simon Engineering has sold the industrial arm of its Access division to Terex of the US for £55m, in order to reduce debt.
Short Brothers has announced an expansion of its CRJ Series 700 project and a new de Havilland Dash 8-400 turboprop airliner project, which will create 1,000 jobs.
Siebe is acquiring Whessoe, the instruments and controls manufacturer, for £46m.
Ricardo Group has sold its Inbis nuclear and aerospace design division to management for £7m in order to focus on its core automotive engineering business.
BTR has acquired Pollux Meter Group, the French maker of water meters, for £163m.
Hampson Industries is to acquire Arabis, the engineering company, for £17.5m.
Senior Engineering is acquiring the Ketema A&E division, which makes components for the aerospace sector in California, from Ketema Inc, for £12.5m.
British Steel Forgings is being acquired in a management buy-out for £74.5m.
Short Brothers has won a major contract to supply airframe parts to Bombardier, its Canadian parent, which will create 600 jobs.
Hall Engineering is to set up a pressings plant in Swindon and a new wire factory near Halifax, funded by a £26m rights issue.
British Aerospace Airbus is to set up a £25m centre for machining aircraft wings at its Broughton plant near Wrexham, creating about 100 jobs.
Fairey Group has won control of Burnfield, the maker of measuring instruments, and will now block Burnfield's attempted acquisition of Ling Dynamic Systems.
Siebe has acquired Satchwell Controls, the maker of building automation systems, from GEC for £80m.
Spirax-Sarco Engineering is acquiring Bredel Holdings, the Dutch maker of heavy duty pumps, for £17m.