Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Fri., Jun. 9, 8:10 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
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Slide #29. Curtiss-Wright Corporation — Nuclear Power Services Inc.
Acquirer:
Curtiss-Wright Corporation (NYSE:CW)
Acquiree:
Nuclear Power Services Inc.
Details:
Curtiss-Wright Corporation (NYSE:CW) today announced that it has completed the acquisition of the assets of Nuclear Power Services Inc. (NPSI) for approximately CAD 9.0 million (approximately $8.0 million) in cash. NPSI is a leading supplier of products and services to the Canadian nuclear market. The acquired company will operate within Curtiss-Wright's Energy segment.
Curtiss-Wright is an integrated business that provides products, solutions, and services mainly to aerospace and defense markets, as well as technologies in demanding commercial power, process, and industrial markets. Co. operates through various reportable segments, including: Aerospace and Industrial, which provides products and services, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters; Defense Electronics, which provides various products, including Commercial Off-the-Shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment, and integrated subsystems.
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Avg. Broker Rec.
 
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Strong Buy (3.50 out of 4) 57th percentile
(ranked higher than approx. 57% of all stocks covered)
Analysts' Target Price: CW Stock Forecast Based on Zacks ABR data; powered by Xignite |
