News: Deals: Reports

Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Chen-Tech Industries Inc & Ladish Co Inc	Update Date: 10/22/08
Date Announced: 08/14/08
Value (million $USD): 59.0 million U.S. Dollar

Status: Completed

TRANSACTION DETAILS
Date Announced	08/14/08
Date Originally Announced	08/14/08
Format	Merger	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	59.0 million U.S. Dollar	Advisor Fees	n/a

SYNOPSIS
US - Ladish Co Inc (LC) merged with Chen-Tech Industries Inc, a manufacturer of nonferrous forgings, for an estimated $59 mil in cash and LC common stock.

TARGET
Name	Chen-Tech Industries Inc
Industries	Nonferrous forgings; Aircraft engines and engine parts; Guided missile and space vehicle propulsion units; Aircraft parts,equipment; Transportation equipment, except motor vehicles
City	Irvine
State	CA
Nation	United States
Incorporated in	n/a
Public Status	Private
Business Description	Chen-Tech Industries Inc, located in Irvine, California, manufactures nonferrous forgings. The company also manufactures space vehicle equipment, and aircraft engines and parts. The company specializes in hot die technology to produce near-net forgings utilizing titanium, nickel and iron-based super alloys for the aerospace and aircraft engine industries. The companys products include shafts, spools, seals, disks, impellers and turbine wheels. The company was founded in 1981.
Advisors	NULL
Target Sales	14.0 million U.S. Dollar

ACQUIROR
Name	Ladish Co Inc (LDSH)
Industries	Nonferrous forgings; Aircraft engines and engine parts; Guided missile and space vehicle propulsion units; Aircraft parts,equipment; Transportation equipment, except motor vehicles
City	Cudahy
State	WI
Nation	United States
Incorporated in	WI
Public Status	Public
Business Description	Ladish Co, headquartered in Cudahy, Wisconsin, and with locations in Connecticut, Oregon, and Poland, manufactures and wholesales formed and forged metal components for the jet engine, aerospace, and industrial markets. The companys products include jet engine parts, missile components, landing gear, helicopter rotors and other aerospace products. The company was founded in 1985.
Advisors	NULL
Acquiror Sales	449.5 million U.S. Dollar

Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer

Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.