EnergyLink International announced on 11 April 2023 that it has acquired UECompression Inc., a supplier and distributor of engineered-to-order compression equipment, and appointed Keith Kern as UECompression's president.
Holland Pump Co acquired BPR Pumping & Vacuum Solutions, a Texas pump rental business with Houston and Austin branches. The deal is Holland Pump's sixth acquisition since partnering with XPV Water Partners.
MECO, a Grundfos company, acquired San Diego-based Water Works Inc, which designs and installs ultrapure industrial water systems. The deal strengthens MECO's ultrapure water treatment portfolio.
Xylem entered a definitive agreement to acquire Evoqua Water Technologies in a US$7.5 billion all-stock transaction. The deal adds advanced water treatment and service capabilities.
Busch USA has acquired Vac-Tech Inc., a vacuum pump service and sales provider with locations in Phoenix, Arizona and Richardson, Texas. Vac-Tech will keep its brand as a Busch Group company.
The Royal Group acquired Innovative Fiber, a corrugated packaging maker in Franklin, Wisconsin, effective March 31, 2023, adding its 18th manufacturing facility.
Greif completed a $145 million all-cash deal raising its ownership of Centurion Container, a Chicago-area reconditioner of intermediate bulk containers and plastic drums, from 9% to 80%. The deal grows Greif's North American presence.
Thompson Pump distributor Florida Pumping Solutions acquired American Sock & Dewatering, a socking company in Northern Florida.
Krones signed an agreement on 20 April 2023 to acquire 90% of Ampco Pumps Company LLC, a Wisconsin supplier of sanitary pumps and mixing equipment to food, beverage, dairy and pharma markets. Ampco generated about US$50 million revenue in fiscal 2022, and closing is expected in the first half of 2023.
PumpMan Holdings acquired the DAS Group, a Pittsburgh manufacturer's representative for municipal water and wastewater process equipment, and merged it into PumpMan Pittsburgh in Allison Park, Pennsylvania. The deal is PumpMan's twelfth acquisition.
Danish marine pump specialist Svanehøj acquired Complete Cryogenic Services in Tustin, California, which services electric submerged pumps on LNG carriers. CCS will continue as Svanehøj CCS under Svanehøj Service Solutions with its nine employees.
Charlesbank Capital Partners' portfolio company BOX Partners acquired The Packaging Wholesalers, a nationwide packaging distributor, in a transaction announced April 25, 2023. Financial terms were not disclosed.
Victaulic acquired Horizon Metals Inc., a family-owned iron and steel foundry in Nephi, Utah, on March 30, 2023 to add large-diameter piping capacity in North America.
Lexair is acquiring manufacturing assets and intellectual property licenses from Keystone, an Emerson brand, for U.S. Navy products. Production will move from Emerson's Pasadena, Texas facility to Lexair's Lexington plant.
Elgi Compressors USA Inc, a subsidiary of Elgi Equipment, entered an operating agreement to acquire a 33.33% stake in CS Industrial Services LLC, its exclusive distributor for ELGi compressors in Western New York, for about $125,000. Completion is expected by 31 March 2023.
Family-owned corrugated packaging company Welch Packaging acquired Nashville Box, a corrugated packaging supplier.
Toronto-based packaging provider Ya YA Foods, backed by private equity, acquired Oatly's US manufacturing assets. The article gives no deal value.
Canadian HVAC-R distributor The Master Group announced the acquisition of Refrigeration Sales Corporation (RSC), an Ohio-based distributor serving Ohio and Western Pennsylvania. RSC will keep operating independently under its current management team.
NEXGEL acquired a 50% interest in CG Converting and Packaging, LLC, a newly formed joint venture with C.G. Laboratories that takes over CG Labs' converting and packaging division. The agreement is effective March 1, 2023.
Holland, Michigan-based Bradford Group completed an asset acquisition of Partitions Plus LLC, a corrugated partition manufacturer in Findlay, Ohio. Operations continue at the 80,000 sq ft Findlay facility under former co-founder Ben Riblet.
TASKI acquired substantially all of the assets of NSS Enterprises, Inc. on February 22, 2023. The deal expands TASKI's product offering and its U.S. production footprint, with NSS production facilities in Toledo, Ohio continuing to serve customers.
Italian luxury packaging maker Pusterla 1880, backed by Andera Mid Cap, acquired a business unit of Burt Rigid Box in New York State and the entire capital of Taylor Box in Rhode Island, then merged them into Pusterla US, Inc. The deal was reported on February 15, 2023.
SPAC Stratim Cloud Acquisition Corp. signed a binding letter of intent to acquire 100% of Force Pressure Control, LLC, a maker of pressure control rental tools for oil, gas and geothermal well operations, for 12 million shares plus $120 million in cash or notes. The announcement was made on February 14, 2023.
PumpTech, a portfolio company of Pike Street Capital, announced its acquisition of Dakota Pump Inc., a supplier of packaged pump stations and automated systems for water and wastewater markets, with three locations in South Dakota. The deal was announced on February 14, 2023.
Cavaform, a specialist manufacturer in St. Petersburg, Florida, was acquired by a Detroit-based private equity-backed manufacturer, marking its 15th transaction since 2019.
Mill Rock Packaging Partners acquired Keystone Paper & Box Company, a folding carton maker based in South Windsor, Connecticut, marking its expansion to the Eastern U.S. Terms were not disclosed.
Inovar Packaging Group completed its acquisition of Cimarron Label and Western Printing, label businesses in Sioux Falls and Aberdeen, South Dakota, its eighth platform company.
Crossplane Capital's acquisition of specialty pump rental provider Pump & Integrity was merged with its portfolio company Griffin Dewatering, with Graycliff Partners providing subordinated debt and minority equity financing.
Trillium Flow Technologies announced its acquisition of Coulter Valve Service, a specialty valve field services company offering on-site nuclear and commercial maintenance, repair and modifications in the United States. The deal strengthens Trillium's North American aftermarket business. The deal value was not disclosed.
Larsen Packaging Products, Inc. of St. Charles, Illinois, acquired Alpha Container, a Marysville, Ohio manufacturer and distributor of corrugated products and packaging supplies. The former owner's staff will continue under the Alpha Container name, and the deal expands Larsen into Ohio and Pennsylvania. The deal value was not disclosed.
Flexpak LLC completed its acquisition of Preferred Packaging Products Inc., a packaging distributor based in Thornton, Colorado, effective February 1, 2023. The deal extends Flexpak's regional footprint to Colorado.
Bosch Rexroth completed its acquisition of HydraForce, a US compact hydraulics specialist, after antitrust approval. HydraForce will be integrated into Bosch Rexroth's Compact Hydraulics Business Unit.
Atlas Copco has acquired Dekker Vacuum Technologies, a Michigan City, Indiana maker of vacuum pumps and systems. The deal value was not disclosed.
Sealed Air has closed its previously announced acquisition of Liquibox, a Richmond, Virginia maker of bag-in-box liquid packaging, for $1.15 billion on a cash and debt-free basis.
NIBCO Inc. completed its acquisition of Matco-Norca LLC, a sourcing company for valves, fittings and plumbing products, which also includes sister company SVF Flow Controls LLC. Matco-Norca will operate as a wholly-owned subsidiary.
Ingersoll Rand Inc. bought Paragon Tank Truck Equipment, a Catersville, Georgia maker of blowers and pumps for tank truck loading, in an all-cash deal of about $40 million. Paragon has around 55 employees and revenue above $25 million.
Motion & Control Enterprises (MCE) acquired Precision Pump & Valve, a Lake Charles, Louisiana distributor and repairer of safety relief and control valves and pumps. PPV operates six facilities in Louisiana, Texas and Ohio. No deal value was disclosed.
Xylem agreed to acquire water treatment company Evoqua in an all-stock deal valued at an implied enterprise value of about $7.5 billion. The combined company expects $140 million in annual run-rate cost synergies within three years.
US industrial packaging distributor B2B Industrial Packaging has acquired custom packaging supplier Next Press of Mahwah, New Jersey. It is B2B's 27th acquisition in 13 years.
Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.
Fluid power and industrial automation distributor Triad Technologies completed its acquisition of Industrial Service Products, LLC, expanding its Illinois presence. Terms were not disclosed.
Atlas-SSI, a North American traveling water screen and bulk material handling manufacturer, has acquired Cooling Tower Valves and Screens LLC of Baton Rouge, Louisiana. The announcement was made on January 6, 2023.
Finnish technology group Valmet has completed its acquisition of the US-based Process Solutions business of NovaTech Automation. The deal was announced in November 2022.
Polymer Packaging, Inc. acquired The William-Allen Company, a flexible packaging and container supplier with a 33,000 square foot warehouse in North Canton, Ohio. Terms were not disclosed.
J. Sloan & Co. advised on the sale of Arlington, Texas-based water treatment equipment supplier Pumps and Controls to an undisclosed industry buyer. The transaction closed on September 30, 2022, and terms were undisclosed.
Holland Pump Co acquired BPR Pumping & Vacuum Solutions, a Texas pump rental business with branches in Houston and Austin, adding dewatering services. The deal was reported in the first quarter of 2023.
MECO, a Grundfos company, acquired San Diego-based Water Works Inc, which designs and installs ultrapure industrial water systems for life science and high-tech customers. The deal was reported in the first quarter of 2023.
AE Industrial Partners signed a definitive agreement to sell portfolio company Resolute Industrial, a North American provider of specialty HVAC&R rental services and compressor remanufacturing, to Aggreko for a transaction value of $440 million on a cash-free, debt-free basis.
Pusterla 1880 is merging with Burt Rigid Box, a rigid box maker in Oneonta, New York, founded in 1886, as its first US site. Burt's president Laura Brodie becomes the first non-family shareholder in Pusterla and heads its North American operations.
Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.