Navigation Links
Robbins & Myers Completes Sale of Romaco Businesses
Date:4/29/2011

DAYTON, Ohio, April 29, 2011 /PRNewswire/ -- Robbins & Myers, Inc. (NYSE: RBN) completed the previously announced sale of its Romaco businesses to a group of funds led by Deutsche Beteiligungs AG, a Frankfurt, Germany-based private equity investment firm.  Total consideration was approximately euro 65 million (approximately $96 million) including euro 61 million of cash and euro 4 million of assumed liabilities and is subject to post-closing adjustments.  The Company expects to record a transaction net gain of approximately euro 29 million (approximately $43 million) in its third fiscal quarter ended May 31, 2011.

About Robbins & Myers

Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

Forward-Looking Statements

Statements set forth in this press release that are not historical facts, including benefits from the sale of the Romaco businesses, are forward-looking statements within the meaning of the federal securities laws.  These forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the Company's control, which could cause actual benefits, results, effects and timing to differ materially from the results predicted or implied by the statements.  Other important risk factors are discussed more fully in the Company's reports on Form 10-K for the year ended August 31, 2010; its recent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K; and other reports filed from time to time with the SEC.  Robbins & Myers does not undertake any obligation to revise or update publicly any forward-looking statements for any reason.


'/>"/>
SOURCE Robbins & Myers, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1

Related medicine technology :

1. Robbins & Myers to Release Financial Results for Second Quarter Fiscal 2011
2. Robbins Geller Rudman & Dowd LLP Announces Notice of Hearing to Determine Approval of Proposed Settlement of Class Action
3. Robbins & Myers to Present at Bairds 2010 Industrial Conference November 9, 2010
4. Robbins & Myers to Present at KeyBanc Capital Markets Conference
5. Robbins & Myers Announces Regular Quarterly Cash Dividend
6. Robbins & Myers to Release Second Quarter Fiscal 2010 Financial Results
7. Robbins & Myers To Release First Quarter Fiscal 2010 Financial Results
8. Robbins & Myers Announces Fourth Quarter and Full Year 2009 Results
9. Robbins & Myers Announces Regular Quarterly Cash Dividend
10. Diplomat Specialty Pharmacys Hagerman Named Grant Thornton Leader & Innovator of the Year
11. Allina Hospitals & Clinics Makes Long Term Commitment to IOD
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/2/2017)... PHILADELPHIA , Oct. 2, 2017 Halo Labs announces ... particle analysis system called the HORIZON at MIBio 2017 in ... analyzes subvisible and visible particulate matter in biopharmaceutical samples with unprecedented ... use of the novel technique Backgrounded Membrane Imaging. ... The HORIZON subvisible particle analysis system ...
(Date:9/27/2017)... Sept. 27, 2017  Commended for their devotion to personalized ... Ranked as number one in the South Florida Business Journal,s ... Inc. 5000 yearly list, the national specialty pharmacy has found ... Bardisa will soon be honored by SFBJ as the ... Set to receive his award in October, Bardisa ...
(Date:9/23/2017)... Janssen Biotech, Inc. (Janssen) announced today that ... U.S. Food and Drug Administration (FDA) for the Biologics ... treatment of moderately to severely active rheumatoid arthritis (RA). ... needed to further evaluate the safety of sirukumab in ... "We are disappointed ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out many kids ... sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting kids excited ... all ages; it is a non-competitive, non-timed event, which is all about having fun ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the Mountains to the ... save lost souls in the Philippines. “The Journey: From the Mountains to the Mission ... of the Bible. She has taught all ages and currently teaches a class of ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the ... today its plans to open a flagship location in Covington, LA at 401 N. ... To Go store next to Office Depot in the Holiday Square shopping center. Its ...
(Date:10/12/2017)... ... October 12, 2017 , ... Asante, a nationally recognized ... have expanded their existing home health joint venture through an agreement, effective October ... a joint venture home health company with Asante, delivering clinically integrated care, for ...
(Date:10/12/2017)... Washington, D.C. (PRWEB) , ... October 12, 2017 , ... ... of their peers in Washington, D.C., for the 49th Congress of the International ... Ph.D ., Vice President of the Center for Cancer and Blood Disorders ...
Breaking Medicine News(10 mins):