GA Trade May-Jun interactive - page 4

Mergers andAcquisitions
BASF Sold PolyAd Services
Subsidiary to Edgewater
Capital Partners
In a deal the financial details of
whichwere not disclosed, BASF has
sold its PolyAd Services subsidiary to
private equity group Edgewater
Capital Partners (Cleveland, Ohio).
The transaction is expected to close
in Q2 2014.
SIMONAAcquires U.S.-Based
Boltaron and Laminations
German sheet and profilemanufac-
turer Simona is strengthening its
activities in the U.S. After having
acquired plastics manufacturer
Laminations (Archbald, Pennsylva-
nia) in January, the company now
announced that it has signed an
agreement to purchase Boltaron
Performance Products (Newscomer-
stown, Ohio), amanufacturer of
thermoplastic sheet products.
Xtreme Power Assets
Acquired byGerman
Company Younicos Inc.
Kyle, Texas-based energy storage
andmanagement startupXtreme
Power's assets have been acquired by
a German Company, Younicos Inc.
According to Younicos, which is a
subsidiary of German company
Younicos AG, it acquiredXtreme
Power in the Chapter 11 auction in
the U.S. District Bankruptcy Court of
West Texas. Financial details of the
buywere not announced. Xtreme
Power had filed for Chapter 11
bankruptcy in January. Younicos said
the buywould help bolster its large
scale storage solutions.
Hendersonville’s InnLink
Acquired by IHSGmbH
AGermanhospitality technology
companyhas acquiredHendersonville-
based computerized reservation system
provider InnLink. InnLink—which
began life as a subsidiaryof ShoLodge
— is one of theworld's leading
provider of computerized reservations
tomid-level independent hotels. Its
sale to IHSGmbH is part of a growing
trendof consolidation in the reserva-
tion industry; whenBattery acquired
IHS last year, the latter held a basket of
companies includingWorldhotels,
Europe's largest provider of the service.
Exclusivecartoon forGermanAmerican TradebyHeikoSakurai
Spazierengehen
T R A N S A T L A N T I C T I C K E R
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