Volume 35, Number 1, January 2000

Acquisitions&Mergers

Acquisition of Bayform Division by
Columbia Manufacturing Imminent

Columbia Manufacturing Corp. says it has reached a preliminary agreement to acquire the BayForm Division of Bay Mills Ltd. The acquisition, which is subject to regulatory approval, is expected to close late in the first quarter of 2000, according to Columbia.

Columbia manufactures screen doors, window screens and storm doors, while Ontario-based BayForm manufactures screening systems, insulating glass components and engineered window components sold to North American manufacturers of doors and windows. According to Curt Schoup, CEO of Columbia Manufacturing Corp., the merger of these two groups “will create a leading supplier of screens and window components in North America.

“The acquisition will allow each company to serve their customer bases through expanded product offerings and improved service capabilities,” Schoup added.

Pactiv Acquires International
Pack Air Systems

Pactiv Corporation of Lake Forest, IL, has acquired International Pack Air Systems of Suffolk, UK, a provider of cushioning equipment for protective packaging applications. The IPAS system, soon to be available through PACTIV operating units, features an in-plant option for the production of air cushioning materials.

Norton Completes
Acquisition of Furon

Norton Company, a subsidiary of Compagnie de Saint-Gobain of Paris, has announced the completion of the merger of Furon Company with FCY Acquisition Corporation, a wholly owned subsidiary of Norton Co. According to Norton, Furon is now wholly owned by Norton Company. The merger follows the successful completion of a tender offer for the outstanding shares of Furon, in which Norton acquired approximately 96 percent of Furon common stock.

Allied Process
Technologies Incorporates

Allied Process Technologies of Tucson, AZ, is now incorporated as a result of the merger of three engineering and consulting firms, Madocks Engineering, Abbot Consulting Group and MBA Consulting. The newly incorporated company offers sensors and controls to the glass industry.

The company says it offers vacuum deposition systems for glass measurement and inspection and controls for coating glass. At the recent interGlassmetal/ Fenestration world show in Atlanta, Allied introduced the LiteSentry™ line of industrial machine vision systems for glass measurement and inspection.

The new company began business in December 1999 with what it described as a “sizeable” order for a complete coating system for solar control cells. n


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