Virginia
Businesses in the News
Mergers
and Acquisitions
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the Record is
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Virginia Business Magazine
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Delmarva Laboratories,
a veterinarian pharmaceuticals company based
in Midlothian, was acquired by Virbac Corp.,
a companion animal health company headquartered
in Fort Worth, Texas. (08/18/03, Business
Wire)
Smithfield Foods, a hog
and pork producer headquartered in Smithfield,
plans to acquire 90 percent of pork processor
Cumberland Gap Provision Co. of Middlesboro,
Ky., for $56 million. The acquisition extends
Smithfield's reach in stores from the Midwest
to the East Coast. (08/14/03, Daily Press)
Dominion Resources of
Richmond, a fully integrated gas and electric
holding company, plans to buy a 240-megawatt
oil and natural gas-fired electric generation
facility in Gordonsville from Calpine Corp.,
a producer of renewable geothermal energy based
in San Jose, Calif., for $52 million. (08/05/03,
Daily Press)
Amco Cellular of Alexandria,
a marketer of mobile communications accessories
for cellular phones and PDAs, is being acquired
by Strathmore Investments of Beverly
Hills, Calif. (08/04/03, Business Wire)
Dominion, an energy producer
headquartered in Richmond, plans to acquire
a 240-megawatt power station in Gordonsville
for $52 million. (08/04/03, Business Wire)
General Dynamics of Falls
Church, a provider of information systems and
technologies, plans to acquire Intercontinental
Manufacturing Co., a division of Datron
Inc. and maker of aircraft bomb bodies for the
U.S. armed services (07/25/03, PR Newswire);
and Digital Systems Resources Inc. of
Fairfax, a provider of surveillance and combat
systems. (07/30/03, PR Newswire)
Appix, a McLean-based
provider of custom technology solutions, acquired
Richmond-based Align360, a provider of
management consulting services and information
technology for the insurance and financial service
industries. (07/23/03, Business Wire)