PARSIPPANY, N.J., – The Hydraulic Institute (HI) installed a new leadership team during the 2019 HI Annual Conference at the Vinoy Resort & Golf Club in St. Petersburg, Florida.

SAN FRANCISCO —Genstar Capital, a private equity firm focused on investments in targeted segments of the industrial technology, healthcare, software, and financial services industries, announced the acquisition of Ohio Transmission Corporation (OTC), an industrial automation equipment distributor and technical service provider.

Jeannette, Pa. – Elliott Group announced that the merger of Ebara International Corporation, based in Sparks, Nevada, with its operations in Jeannette, PA, is now complete. On April 1, 2019, the merged entity became one of four business units within Elliott Group.

WASHINGTON, D.C. and RUEIL-MALMAISON, France – Global investment firm The Carlyle Group and Schneider Electric SE announced the enhancement of their partnership to develop new and innovative infrastructure projects.

In addition to creating new investment and energy-as-a-service opportunities, this collaboration will apply Schneider Electric’s capabilities in advanced connectivity and real-time insights to current and future Carlyle infrastructure and microgrid investments.

SAN RAMON, Calif. – Chevron Corporation announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11 and under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share.