$33M Buy for Elementis Specialties
Elementis Specialties, a chemical additives company in East Windsor, announced on Feb. 19 it paid about $33 million in cash for Hi-Mar Specialty Chemicals, a chemical-product maker in Milwaukee.
Altior Sold to Exar for $5M
Altior, a distributor of data-storage products in Eatontown, announced on Feb. 19 it has been sold for about $5 million in cash and shares to analog manufacturer Exar of Fremont, Calif.
Web Domain Bought for $3,500
Sedo, a web-domain seller in Cambridge, Mass., announced on Feb. 27 it has sold the domain name njdining.com to BC the Mag, a Bergen County-specific magazine in Oradell, for about $3,500.
Property Acquired by Honeywell
Manufacturing company Honeywell in Morris Township announced on Feb. 26 it has acquired a Morris Plains campus, including office space and a parking garage, from pharmaceutical company McNeil-PPC, a division of Johnson & Johnson in New Brunswick. Honeywell plans to move its headquarters to the new location in 2015.
Academy Bus Acquires Golden Ring
Golden Ring Travel in Baltimore announced on Feb. 26 it has been acquired by Academy Bus in Hoboken. Both provide charter bus services.
Acquisition for R. Seelaus & Co.
Summit investment firm R. Seelaus & Company announced on Feb. 20 its acquisition of wealth management provider Granite Springs Asset Management in New York City.