Kennesaw, Georgia, Jan. 3 (Korea Bizwire) — Brand Industrial Services, known as BrandSafway, has acquired Lyndon Scaffolding, along with Taylor’s Hoists (acquired by Lyndon in 2017), effective December 31, 2018. Moving forward, Lyndon Scaffolding will be combined with SGB, a BrandSafway scaffolding and access unit of Brand Energy & Infrastructure Services UK Ltd., to become [...]
SEOUL, Jan. 2 (Korea Bizwire) — Actress Lee Young-ae has announced that she will be joining a consortium to acquire the nation’s first women’s hospital, which is on the verge of closing. Because Lee gave birth to all her children at Cheil General Hospital & Women’s Healthcare Center and visits the hospital occasionally, she has [...]
Kennesaw, Georgia, USA, Dec. 20 (Korea Bizwire) — In a move to strengthen its motorized access capabilities on the West Coast, BrandSafway and SafwayAtlantic, a BrandSafway company, are pleased to announce the acquisition of Cabrillo Hoist, a leading provider of construction hoists and elevators in the region, effective December 20, 2018. With more than 20 [...]
Peachtree City, GA, Nov. 14 (Korea Bizwire) — Wencor Group (“Wencor”), a leading solutions provider to the aerospace aftermarket, today announced the acquisition of Silver Wings Aerospace, a certified 145 repair station specializing in electric power and hydraulic component repair with unique capabilities in Used Serviceable Material (“USM”). Terms of the transaction were not disclosed. [...]
DALLAS and MUMBAI, India and SINGAPORE and PITTSBURGH, Nov. 11 (Korea Bizwire) — A wholly-owned subsidiary of global solutions integrator AGC Networks Ltd (BSE/NSE: AGCNET), AGC Networks Pte. Ltd. in Singapore and Black Box Corporation (NASDAQ:BBOX) announced today that they have entered into a definitive merger agreement under which AGC Singapore would acquire all the [...]
AUSTIN, Texas and ALPHARETTA, Ga., Oct. 30 (Korea Bizwire) — ESW Capital, LLC has completed the acquisition of the Vertical Business Applications Group of Aptean, a leading global provider of mission-critical software solutions, via a newly formed subsidiary, the two companies announced today. The Vertical Business Applications Group will join ESW Capital under the newly [...]
SEOUL, Oct. 29 (Korea Bizwire) — Woongjin Co. said Monday that its consortium has signed an agreement with a local private equity firm to acquire Coway Co. for 1.68 trillion won (US$1.48 billion) while the Woongjin chairman vowed to make the top water purification maker the business group’s key growth engine. Under the deal, Woongjin [...]
PHILADELPHIA, Oct. 24 (Korea Bizwire) — Carpenter Technology Corporation (NYSE: CRS) today announced it has acquired LPW Technology Ltd. (LPW), a leader in the development and supply of advanced metal powders and powder lifecycle management solutions to the Additive Manufacturing industry, for approximately $81 million. LPW is based in Widnes, Cheshire, United Kingdom with additional [...]
SANTA CLARA, Calif., Oct. 23 (Korea Bizwire) — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the completion of its acquisition of REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) [...]
STEVENAGE, United Kingdom, Sept. 28 (Korea Bizwire) - Tusk Therapeutics Ltd (“Tusk”) was today acquired by Roche. Tusk has developed an antibody with a novel mode of action aimed at depleting regulatory T-cells (Tregs). Tregs suppress immune responses, including those against cancer cells. Preclinical data has shown that depleting Tregs from the tumor microenvironment can enhance [...]