Nidec Corporation completed the acquisition of 100% of Secop Holding GmbH and other Secop entities, German compressor manufacturer, from Aurelius on July 31, 2017. The companies are being renamed Nidec Global Appliance entities.
Packaging maker Karl Knauer KG has acquired a 75% majority stake in HEPACK druck+verpackung GmbH of Neuenstein, Germany, which has about 100 employees and specializes in food, confectionery and sanitary packaging. The managing director keeps 25%.
Henkel completed its acquisition of the Germany-based Sonderhoff Group, which makes foamed-in-place gasketing solutions and customised dosing equipment. The price was undisclosed.
Frischpack GmbH, a subsidiary of the family-owned Alpenhain and ALPMA companies, took over Baackes & Heimes GmbH of Viersen, with retroactive effect from 1 January 2017. The combined group generates about 250 million euros in turnover and employs around 600 people.
Rolls-Royce Marine Deutschland sold its Intering business to Hoppe Marine of Hamburg, Germany.
Japanese motor maker Nidec plans to fully acquire the Secop group, a German refrigerator components maker, in a deal valued at $227 million. The move aims to capture demand from tightening environmental regulations.
Folmeg Engineering of Eschwege has taken over Schuy, an insolvent maker of filling and packaging machines in Hünfeld, Germany. Schuy will remain independent and its site will stay open.
Flowserve entered a conditional sale and purchase agreement to sell Gestra AG and associated businesses to Spirax-Sarco Engineering for EUR 186 million. Gestra makes steam and boiler control valves and systems.
Rondo Ganahl AG is taking full control of Walz Verpackungen in Langenenslingen, Germany, a specialist in special packaging solutions with about 100 employees and turnover of €22 million. Bernd Walz remains CEO. The deal value was not disclosed.
Colfax Corp entered a binding agreement to purchase Siemens Turbomachinery Equipment GmbH from Siemens AG for €195 million.
Moog agreed to acquire the global Rotary Transfer Systems business from Morgan Advanced Materials for €40 million in cash, including its manufacturing sites in Antweiler, Germany and Chalon-St-Memmie, France. Closing is expected within 60 to 90 days, subject to German regulatory approval.
Atlas Copco will acquire Erkat Spezialmaschinen, a 40-person drum-cutter attachment maker based in Hämbach, Germany, for its rock excavation, tunnel and demolition products. The deal value was not disclosed.
Multivac's German unit bought a 49.9% stake in TVI Entwicklung und Produktion GmbH for an undisclosed sum, to offer complete production lines from a single source.
LEIPA Group GmbH acquired a 49% holding in Hamburg-based paper trading and agency firm Gratenau & Hesselbacher GmbH to strengthen its sales activities, particularly overseas.
Munich-based industrial holding Armira acquired PolyCine GmbH, a supplier of non-PVC PP films and tubes for pharmaceutical IV and blood bags with headquarters in Schiffweiler, Germany. MP Corporate Finance advised the founders on the succession sale.
Harmonic Drive Systems and Innovation Network Corporation of Japan agreed to acquire the remaining 63.2% stake in Harmonic Drive AG, in a 60/40 split, for approximately €260 million. The deal is pending regulatory approval.
Columbus McKinnon agreed to purchase STAHL CraneSystems, a manufacturer of explosion-protected hoists and crane components, from Konecranes, which is divesting it due to EU antitrust review of its Terex deal; the price was not disclosed in the text.
Atlas Copco agreed to acquire the business of hb Kompressoren, a German distributor and service provider of industrial air compressors based near Stuttgart; the purchase price was not disclosed.
Generac Holdings signed an agreement to acquire the assets of Celle-based Motortech, a maker of gaseous-engine control systems employing over 250 people, with closing expected in Q1 2017, announced November 28, 2016.
PCI Augsburg GmbH completed its acquisition of the Thomsit and Ceresit brands from Henkel, after signing the agreement on September 14, 2016; the transaction required antitrust approval.