ONCAP announced it has acquired Precision Global, a Greenville, South Carolina manufacturer of dispensing solutions with 18 facilities. ONCAP IV invested approximately $111 million, terms otherwise undisclosed.
NIBCO purchased a 173,055-square-foot building in Buena Vista, Virginia from STAG Industrial for $3.7 million.
Sealed Air acquired Austin Foam Plastics, Inc. (AFP, Inc.), a provider of engineered protective packaging, and will integrate it into its Product Care Division. AFP has six US facilities and a presence in Asia and Mexico.
Australian packaging company Amcor is reportedly in advanced talks to acquire U.S. rival Bemis, which had a market value of about $4.20 billion; a deal could be announced as soon as the following week.
Amcor agreed to buy Wisconsin-based Bemis in an all-stock, cash-free transaction valued at about US$9.2 billion, announced in August 2018, creating the largest flexible packaging company.
Green Bay Packaging Inc. acquired Grand Traverse Container, Inc., a packaging company based in Traverse City, Michigan, with an operation in Grand Rapids. The acquisition was effective 2018-07-27 and announced on 2018-08-01.
Watlow, a thermal systems designer and manufacturer, has acquired Yarbrough Solutions Worldwide of Austin, Texas, a semiconductor equipment solutions provider. Terms were not disclosed.
Process Control Solutions, a process equipment distributor and systems integrator, has acquired Durkin Equipment Co., a St. Louis provider of systems integration and process instrumentation. The acquisition was official on August 18, 2018.
Pretium Packaging has acquired Cox Container, a manufacturer of HDPE containers in Alabama, USA, on a 13-acre site. The deal is Pretium's fifth acquisition in four years and raises its manufacturing locations to 17.
Wendel granted Aptar Group exclusivity to finalize the sale of CSP Technologies, a specialty protective packaging maker, at an enterprise value of $555 million, about 13 times adjusted EBITDA. Closing is expected in Q4 2018.
Cascades announced the acquisition of the Bear Island manufacturing facility in Virginia from White Birch for US$34.2 million cash. The site's newsprint machine will later be converted to recycled containerboard production.
Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.
Esko acquired Blue Software, a Chicago-based label and artwork management software company, from Diversis Capital and Schawk Digital Solutions. Blue will be combined with Esko's Platform for Brands.
China's Sanhua Holding Group acquired American Tubing International, a Springdale, Arkansas maker of copper tubing for air conditioning and refrigeration, in July 2018. Financial terms were not disclosed.
Pool pump and filter maker Hayward Industries bought ConnectedYard Inc., a California company behind the pHin Smart Water Care monitoring solution for pool and hot tub water chemistry.
KSB Group bought Dubric Industries Inc., a pump servicing and sales company in Comstock Park, Michigan, renaming it KSB Dubric Inc. The deal extends KSB's service network in the US Midwest.
Messer and CVC Capital Partners Fund VII agreed with Linde AG to acquire the majority of Linde's industrial gases business in North America and parts of its South American business for USD 3.3 billion. The joint venture MG Industries will operate under the Messer brand, and the deal depends on the Praxair-Linde merger and cartel approvals.
Dearing Compressor & Pump Co. completed its acquisition of Pittsburgh-based Kruman Equipment Co., which had been founded in 1936; the Krumans sold the business when they retired.
The Weir Group has completed its acquisition of ESCO Corporation, effective July 12, 2018. The deal was announced in April 2018 at an estimated enterprise value of just under $1.3 billion, and ESCO will operate as a new Weir division.
Boyne Capital, a Florida private equity firm, partnered with management to acquire A.S.A.P. Industries Manufacturing, a Houma, Louisiana maker of high-pressure flow control products for the oil and gas industry. Terms were not disclosed.
KHS USA, the North American unit of KHS GmbH, acquired Scandia Packaging Machinery Co., a maker of compact packaging machines based in Fairfield, New Jersey, and Scandia will operate as KHS USA at its Sarasota, Florida site. Terms were not disclosed; the deal was announced on July 6, 2018.
Ball and Platinum Equity formed a joint venture, Ball Metalpack, a standalone US maker of steel containers. Platinum Equity holds 51% and Ball keeps 49%, with Ball receiving $600 million in pre-tax proceeds.
United Rentals agreed to acquire BakerCorp, a provider of tank, pump, filtration and trench shoring rentals, for approximately $715 million in cash. The deal is expected to close in the third quarter of 2018.
Italian valve maker Fratelli Pettinaroli has acquired the remaining stake in Michigan-based Jomar Group, finalized in summer 2018 after a 50% stake was bought in 2001. Jomar will continue under its president and management team.
Japan's Kyoto Seisakusho acquired Chicago-based PMI Cartoning, which became PMI Kyoto Packaging Systems as of July 1, 2018. The deal gives Kyoto Seisakusho a route into the North American market.
PumpMan Holdings has completed the acquisition of Healdsburg, California-based Groundwater Pump & Well, which provides irrigation, fire protection and water solutions. Groundwater will be integrated into PumpMan's Bartley Pump in Santa Rosa.
IDEX Corporation announced the acquisition of the intellectual property assets of Phantom Controls, a St. Louis fire-pump control company, which will operate within IDEX Fire & Safety. The deal was announced on June 28, 2018.
Ball Corporation and Platinum Equity agreed to form Ball Metalpack, a steel container packaging joint venture in which Platinum holds 51% and Ball 49%. Ball contributes its U.S. tinplate steel food and aerosol plants and receives over $600 million in pre-tax proceeds.
Stone Canyon Industries, through subsidiary BWAY, agreed to acquire the parent of Industrial Container Services from Centerbridge Partners in a cash-and-stock deal with an enterprise value of about $1.0 billion. Closing is subject to regulatory approvals.
Italian pump maker Annovi Reverberi Group announced on June 15, 2018 that it acquired a 95% stake in Ace Pump Corp., a Memphis, Tennessee manufacturer of agricultural and off-highway pumps. CEO Andy Randle keeps the remaining 5%.
Ohio Transmission Corporation has bought Crimson Electric, an electrical apparatus service center in Duncan that repairs and tests AC/DC motors, servo motors, pumps and gear reducers, and will operate as a division of OTP Industrial Solutions.
Dürr is acquiring 100% of three Babcock & Wilcox subsidiaries (MEGTEC and Universal segments) for an enterprise value of about EUR 110 million, with closing expected in Q3 2018.
Entegris agreed to acquire the SAES Pure Gas business, a maker of molecular gas purification systems based in San Luis Obispo, California, from SAES Group for approximately $355 million. The deal is subject to customary purchase price adjustments.
Tramec Sloan, a subsidiary of Tramec, has acquired Fleet Engineers of Muskegon, Michigan, a maker of aerodynamic, door system and spray control products for the truck and trailer industry. Fleet Engineers will operate as an autonomous division.
Rengo's Hong Kong subsidiary Tri-Wall Limited acquired an 80% membership interest in Aldez Containers, LLC, a heavy duty packaging manufacturer headquartered in Michigan, through a wholly owned subsidiary. The deal was announced on 1 June 2018.
Ingersoll Rand completed its all-cash acquisition of the assets of Tuthill Corporation's Pump Group for $85 million. The Pump Group joins Ingersoll Rand's Precision and Science Technologies segment.
Motion Industries, a subsidiary of Genuine Parts Company, agreed to acquire Power Industries, an MRO parts distributor in Santa Rosa, California, expanding its San Francisco Bay Area presence. The agreement was executed May 1, 2018.
Allied Valve, Inc. announced a merger with St. Louis-based Automation Service, a remanufacturer of Fisher control valves and Rosemount and Foxboro instrumentation. The merged companies are owned by a new entity, Ovation Holdings, effective May 11, 2018.
Cold Spring Brewing Company, owned by Brynwood Partners, acquired 100% of Carolina Beverage Group, LLC from SunTx Capital Partners and other shareholders. The combined company will be headquartered in the Charlotte, NC area; terms were not disclosed.
Rotating Machinery Services, a portfolio company of Incline Equity Partners, acquired AC Compressor and CONMEC Engineered Compressors from Baker Hughes, a GE company. The aftermarket turbomachinery services firm gains replacement parts and OEM-style capabilities; the announcement was dated 8 May 2018.
Rengo subsidiary Triwall Corporation acquired an 80% stake in Aldez Containers, a heavy-duty corrugated packaging manufacturer headquartered in Almont, Michigan with plants in Texas, Ohio and Kentucky.
Newell Brands signed a definitive agreement to sell its Waddington Group packaging business, based in Covington, Kentucky, to Novolex Holdings, backed by The Carlyle Group, for gross proceeds of about $2.3 billion. The deal is expected to close within about 60 days.
Green Bay Packaging Inc. announced the acquisition of Wisconsin Packaging Corp., a corrugated sheet plant in Fort Atkinson, Wisconsin, effective May 31, 2018.
DS Smith Plc agreed to acquire Corrugated Container Corporation, a family-owned corrugated packaging company with about 190 employees at four operations in Tennessee, North Carolina and Virginia. The deal follows DS Smith's purchase of Interstate Resources.
SunSource Holdings completed its acquisition of Ryan Herco Flow Solutions, a US distributor of flow solutions, from Greenbriar Equity Group. Terms were not disclosed.
Filtration Group Corporation completed its acquisition of Multisorb Technologies, a Buffalo, New York maker of active packaging sorbent solutions with over 450 employees. The deal was announced as closed on 30 April 2018.
Miba acquired the industrial bearing segment of John Crane Group, which has three plants in the US and one in Germany. The deal gives Miba entry into development and production of industrial bearings.
Kimberly, Wisconsin-based Crane Engineering finalized its acquisition of RD Smith Company, a fluid processing equipment distributor in Eau Claire, Wisconsin. The deal extends Crane's distribution into Minnesota and Iowa.
London-based Bunzl plc reportedly acquired Monte Package Company, a 92-year-old packaging supplies manufacturer in Hagar Township, Riverside, Michigan, as disclosed in its first-quarter results. The price was not disclosed.
Matholding Group acquired a 51 percent stake in OCV Control Valves LLC, a Tulsa, Oklahoma valve maker, to expand its hydraulic control and process valve portfolio.