Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Fri., Jan. 21, 1:03 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
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Slide #22. EnPro Industries — Remaining Interest in Stemco Joint Venture, Asian Industrial Seal Manufacturer
Acquirer:
EnPro Industries (NYSE:NPO)
Acquiree:
Remaining Interest in Stemco Joint Venture, Asian Industrial Seal Manufacturer
Details:
EnPro Industries, Inc. (NYSE:NPO) announced today the closing of transactions that provide for product line and geographic expansion in the company's Sealing Products segment.
EnPro Industries is engaged in the design, development, manufacture and marketing of proprietary engineered industrial products. Co. manages its business as three segments: Sealing Technologies segment, which designs, manufactures and sells sealing products; Advanced Surface Technologies segment, which includes cleaning, coating, testing, refurbishment and verification services for components and assemblies used in node semiconductor manufacturing equipment; and Engineered Materials segment, which includes operations that design, manufacture and sell self-lubricating, non-rolling metal-polymer, engineered plastics, and fiber reinforced composite bearing products.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 80th percentile
(ranked higher than approx. 80% of all stocks covered)
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