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TI Group is to become the preferred supplier of sealing systems to BP Amoco's 80 refineries and petrochemical plants, in a deal worth up to £35m. 19-Oct-2000 TI Group is planning to acquire Impervia, the French aerospace sealings company, for £10m. 03-Oct-2000 Smiths Industries is to acquire TI Group for £1.77bn, which will expand its aerospace division and give it a new sealing solutions division. 19-Sep-2000 TI Group is planning to auction its automotive division, which produces fuel storage and delivery systems, in order to raise about £1.2bn. 15-Sep-2000 TI is linking up with US software company Ariba to develop its own e-commerce procurement system, and expects to make initial savings of 5-7% on non-manufacturing purchases. 12-May-2000 TI Group is planning to form an alliance with Wartsila of Finland to provide complete power systems to the shipbuilding industry. 14-Feb-2000 TI has bought the remaining 51% of French-based Marwal from Magneti Marelli of Italy for £45m, and hopes the deal will result in closer collaboration with Magneti's parent Fiat. 13-Aug-1999 TI Group is acquiring Busak & Shamban, the German-owned speciality seals group, for £275m. 05-Aug-1999 Umeco has acquired ASED, the distributor of aerospace chemicals and electronic components, from TI Group for £12m. 08-Jun-1999 TI Group is to acquire Walbro, the US manufacturer of automotive fuel storage and delivery systems, for £393m. 29-Apr-1999 TI has acquired Tri-Manufacturing, the US maker of jet engine parts, for £36m. 23-Mar-1999 TI is acquiring Kenmore Italiana, the Italian manufacturer of air conditioning for cars, for £20m, and will merge it into its Bundy division. 11-Mar-1999 TI Group has sold a 4.9% stake to Kohlberg Kravis Roberts of the US for £94m, in order to help the UK engineering company with its global expansion programme. 06-Mar-1999 BE Aerospace has acquired the CF Taylor aircraft galley structures business from TI Group for £15.4m. 05-Sep-1998 TI Group has increased its stake in Lips, the Dutch supplier of marine propulsion equipment, from 30% to 100% at a cost of £88m. 30-Jun-1998 TI Group is to acquire EIS Group, the fluid technology and aerospace concern, for £267m, and is now said to be interested in bidding for Vickers' Kamewa marine propulsion business. 20-May-1998 TI Group is planning to buy the remaining 50% of Japan Marine Technologies, its Japanese subsidiary, for up to £12.8m. 21-Apr-1998 TI Group is acquiring S&H Group, the US automotive power steering and air conditioning company, for £212m, and will combine the business with its Bundy division. 31-Mar-1998 Bodycote International has acquired Thermal Processing Group from TI Group for £15m. 07-Feb-1998 TI Group's John Crane division is acquiring Safematic, the Finnish supplier of pulp and paper sealing systems, for £17m. 04-Feb-1998 TI Group is acquiring Sealol, the mechanical seals business, from EG&G of the US for £61m, and will sell its Belfab metal bellows operation to EG&G for $45m. 23-Dec-1997 John Crane Marine, the TI subsidiary, is acquiring the marine seal business of EG&G of the US for £2.5m. 17-Dec-1997 TI Group is to sell its 50% stake in Messier-Dowty, the landing gear business, to Snecma, its joint venture partner, for £207m. 11-Dec-1997 TI Group is acquiring a 30% stake in Lips United, the Dutch marine propulsion group, for £7m and has an option to buy the remaining 70%. 04-Dec-1997 TI is to create seven separate units from its three operating divisions, including mechanical seals for process plants, marine equipment, polymer-based sealing systems, landing gear, general aerospace systems, fluid equipment for cars, and fluid equipment for refrigerators. 07-Jul-1997 TI Group is to split the roles of chairman and chief executive, thus following the lead of the other big engineering companies. 13-Mar-1997 Mannesmann of Germany has sold its 8.9% stake in TI Group, the UK engineer, for £230m in order to increase investment in its telecoms business. 11-Oct-1996 TI Group is planning to acquire Forsheda, the Swedish maker of pipe sealing systems, for £189m, a move which will double the size of TI's polymer engineering business. 08-Oct-1996 TI Group has sold two engineering businesses for £5m - TI Apollo was bought by Coyote Sports and Accles & Pollock by Hay Hall Group. 20-Sep-1996 TI Group is buying Alcan Aluminio do Brasil, the refrigeration components company, for £15.5m, in a move which will enable it to use Alcan's advanced evaporator systems. 05-Aug-1996 TI Group says it may spend up to £300m on acquisitions having identified five targets, mainly in polymers and mechanical seals. 13-Mar-1996
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