Industrial M&A » By The Online Investor Staff, updated Wed., May. 1, 8:11 PM
Recent mergers and acquisitions in the Industrial M&A category.
Slide #5. CLARCOR — Stanadyne Filtration Business
Acquirer: |
CLARCOR (CLC) |
Acquiree: |
Stanadyne Filtration Business |
Details: |
CLARCOR Inc. (NYSE:CLC) today announced that it has completed the acquisition of the filtration business of Stanadyne Corporation, a transaction that was announced on Monday, April 28, 2014. The acquisition is expected to be accretive to CLARCOR's 2014 earnings, and the business' results will be included as part of CLARCOR's Engine/Mobile Filtration segment. |
Clarcor conducts business in two principal industry segments: Engine/Mobile Filtration and Industrial/Environmental Filtration. Co.'s Engine/Mobile Filtration segment manufactures and sells filtration products for on-road and off-road mobile and stationary applications, including trucks, agricultural machinery, construction and mining equipment, power generation, marine, automobiles, transit buses, locomotives and other industrial and specialty applications. Co.'s Industrial/Environmental Filtration segment manufactures and sells filtration products used in industrial and commercial processes, and in buildings and infrastructures of various types.
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May 1, 2024 8:11 PM Eastern
Hold (1.67 out of 4)
100th percentile
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