Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Mon., Nov. 29, 6:18 PM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
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Slide #39. Harsco Corporation — Hammco Corporation
Acquirer:
Harsco Corporation (NYSE:HSC)
Acquiree:
Hammco Corporation
Details:
Diversified global industrial company Harsco Corporation (NYSE:HSC) announced today it has acquired Hammco Corporation, an Owasso, OK-based provider of process coolers for the natural gas and petrochemical processing industries. Terms of the transaction were not disclosed.
Harsco is a provider of environmental solutions for industrial and specialty waste streams, and equipment and technology for the rail sector. Co.'s business segments are: Harsco Environmental, which is a provider of environmental services and material processing to the global steel and metals industries; Harsco Clean Earth, which provides processing and reuse solutions for hazardous wastes, contaminated materials, and dredged volumes; and Harsco Rail, which is a supplier of equipment, after-market parts and services for the construction and maintenance of railway track, as well as a supplier of collision avoidance and warning systems.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 19th percentile
(ranked lower than approx. 81% of all stocks covered)
Analysts' Target Price: HSC Stock Forecast Based on Zacks ABR data; powered by Xignite |
