Acquisitions & Mergers …Tyco International Ltd.
Tyco International Ltd. (NYSE: TYC)
announced that its Flow Control business has acquired two Brazilian valve
companies in a move to expand its product and service offerings in Brazil and
South America. Tyco Flow Control acquired Hiter Industria e Comercio de
Controle Termo-Hidraulico Ltda, a leading privately-held Brazilian valve
manufacturer, and took full ownership of an existing joint venture that Tyco
Flow Control had with Valvulas Crosby Industria e Comercio Ltda. The two
businesses had combined revenues of approximately $66 million in 2008.
