Revere Packaging Holdings purchased custom tray and container maker Plastic Package for an undisclosed sum. The combined company will be headquartered in Shelbyville, Kentucky.
Teledyne Instruments, a subsidiary of Teledyne Technologies, acquired Scientific Systems Inc., a State College, Pennsylvania manufacturer of piston pumps and precision components. Terms of the deal were not disclosed.
Bunting Magnetics Co. has signed an agreement to acquire Global Magnetics, Inc., a Florida-based distributor of magnetic systems and mineral separation equipment built by Master Magnets Ltd. This follows Bunting's acquisition of Master Magnets in January 2017.
Hitachi published a notice setting the transfer execution date for its acquisition of a U.S.-based air compressor manufacturer. The article gives no target name, value or closing details.
OMB Valves s.p.a. signed on 5 July 2017 to acquire the Vogt Valves division from Flowserve Corporation for approximately $28 million and completed the deal on 6 July 2017, with an expected gain of about $10 million for Flowserve.
Henkel completed its acquisition of the global Darex Packaging Technologies business, based in Massachusetts, for $1.05bn on a cash and debt-free basis. Darex makes sealants, coatings and cans for the metal packaging industry.
Halliburton announced it will acquire Tulsa, Oklahoma-based Summit ESP, which makes pumps for artificial lift in oil and gas wells. Financial terms were not disclosed.
AK Steel has announced the acquisition of Precision Partners Holding Co. for $360 million in cash. Precision Partners specializes in tooling, die making, and stamping of automotive components.
NCI Inc is to be acquired by H.I.G. Capital, LLC for approximately $283 million ($20.00 per share). NCI will become a privately held company.
Mittler Bros. Machine & Tool purchased and acquired Cellular Concepts (CellCon) of Detroit, MI. CellCon will relocate operations to Mittler Bros.' facility in Wright City, MO, and continue operating under the CellCon name.
Ensign-Bickford Industries, Inc. (EBI) announced it has closed on the acquisition of Honeybee Robotics, Ltd., headquartered in Brooklyn, New York. Honeybee Robotics will become a fourth business within the EBI family, supporting space and defense markets.
UK-listed DS Smith signed a conditional agreement to acquire 80% of US corrugated packaging business Interstate Resources from Merpas for $920 million, assuming about $226 million of debt.
Meyer Industries Inc. was acquired by Precision Inc. to better serve Meyer Industries' customer base with a larger platform of research, engineering and manufacturing resources.
TTS Tooltechnic Systems, parent of Festool, acquired SawStop LLC. The deal is expected to close in July 2017, with SawStop's management continuing to operate from Oregon.
Sonoco agreed to buy 100 percent of Clear Lam Packaging, a family-held maker of high barrier flexible and forming plastic films, for about $170 million in cash. Clear Lam operates in Elk Grove Village, Illinois and Nanjing, China, and closing is expected in Q3 2017.
Golden West Packaging Group bought four independent packaging companies in Northern California, Heritage Solutions, Capital Corrugated, PackageOne and Packaging Innovators Corporation, plus their co-owned sheet feeder Cal Sheets, for an undisclosed value.
Carrier Enterprise, a Watsco-Carrier joint venture, acquired a 35% ownership stake in Russell Sigler, Inc., a western U.S. HVAC distributor with about $650 million in annual sales, for approximately $63.6 million in cash.
First Reserve agreed to acquire the integrity maintenance platform of EMS USA, Inc., a provider of pipeline integrity, maintenance and repair services for midstream and downstream energy customers.
Enerflex agreed to acquire the compression business of Mesa Compression, LLC in the United States for $106 million in cash, adding a fleet of about 112,000 hp in the Permian and Scoop/Stack basins.
RIX Industries, a Benicia, California compressor maker, announced it acquired Qdrive, a subsidiary of Chart Industries, including its assets and IP to expand RIX's cryogenics business. The announcement is dated June 16, 2017.
PDQ Workholding LLC was acquired by Walter, a division of Sandvik Machining Solutions, in June 2024. The acquisition aims to strengthen PDQ's ability to provide turnkey projects with access to premium cutting tools.
Kirby Corporation signed a definitive agreement to acquire substantially all assets of Stewart & Stevenson for about $710 million before adjustments. Funding is half credit facility and half Kirby stock, with closing expected in the third quarter of 2017.
WestRock completed its acquisition of US-based Multi Packaging Solutions International (MPS) for $2.28bn, after receiving all regulatory approvals. WestRock paid $18 per share in cash and assumed about $873m in net debt.
Gardner Denver Holdings has acquired Sidney, Ohio-based LeROI Compressors for about $20 million in cash. LeROI makes gas compression equipment for vapor recovery and biogas, and has 80 employees.
Parker Hannifin has acquired Erie, Pennsylvania-based Snap-tite, a maker of high pressure fluid power components for oil and gas and industrial markets.
inTEST Corporation, a designer and manufacturer of thermal management products and semiconductor ATE interface solutions, has acquired Ambrell Corporation. Ambrell will operate as a wholly-owned subsidiary of inTEST.
Champion Container acquired Jachts Columbia Can, a Paterson, New Jersey distributor of packaging containers founded in 1987. The deal was completed in June 2017.
Exotic Automation & Supply, a Michigan fluid power distributor, acquired Sidener Engineering, a Noblesville, Indiana fluid power and safety products distributor; Amherst Partners advised the buyer.
Spirax-Sarco Engineering agreed to buy Pittsburgh-based thermal technology company Chromalox from Irving Place Capital for $415 million on a cash-free, debt-free basis, financed by new bank debt. Chromalox has five manufacturing facilities across North America, France and China.
Wood Group acquired CEC Controls, a US designer and builder of industrial and process control systems, for $44 million in cash plus up to $15 million deferred consideration, expanding its automation capabilities.
Krones Inc. acquired Javlyn, a Rochester, New York process systems integrator serving food, dairy and beverage industries; terms were not disclosed.
WestRock agreed to acquire five corrugated converting facilities in Ohio, Pennsylvania and Louisiana from U.S. Corrugated Holdings for about $192 million in cash and stock. The deal is expected to close in June 2017.
IPL Inc. announced the acquisition of Macro Plastics Inc., a rigid plastic bulk bin maker headquartered in Fairfield, California, for US$150 million. Macro operates three plants in California, Washington and Kentucky and gives IPL a West Coast presence.
Bre Pettis has acquired Other Machine Co., maker of the Othermill Pro CNC milling machine, from Dr. Danielle Applestone and her team.
Emerson has completed the purchase of MYNAH Technologies, a provider of dynamic simulation and operator training software, to enhance its process automation solutions.
TNI Packaging, LLC, a food-industry packaging supplies manufacturer in West Chicago, was purchased by Visko/TeePak, a global casings maker; terms were not disclosed. Production continues at the West Chicago site and in Malaysia.
Viking Plastics, a portfolio company of Spell Capital, announced its acquisition of Genesis Plastics and Engineering, LLC, a Scottsburg, IN-based manufacturer of automotive interiors and custom injection molded products.
Speyside Equity Fund I LP acquired all assets of Ashland Foundry and Machine Works in Ashland, Pennsylvania, plus West Coast Stainless Products and Dynatek in Huntington Park, California, with transactions completed in early May 2017.
Sigma Plastics Group acquired BJK Flexible Packaging, adding 45 million pounds of blown film capacity and serving food packaging and other end markets in Kentucky.
Proactive Packaging and Display LLC, a portfolio company of CK Pearl Fund, was sold to New-Indy Containerboard LLC, a joint venture of Schwarz Partners and Kraft Group.
New-Indy JV Corp., a joint venture of Kraft Group and Schwarz Partners, agreed to acquire Carolina Container Company, a longtime leader in corrugated packaging based in High Point, North Carolina.
DE-STA-CO, a Dover Corporation company, acquired Industrial Motion Control, LLC (IMC), a manufacturer of mechanical motion control products with annual revenues of approximately $50 million. Terms were not disclosed.
PMI Aerospace, based in Rockford, Illinois, acquired Reno, Nevada-based Precision Valve, a maker of hydraulic servo valve components for commercial and military aircraft flight control systems.
The Timken Company has acquired the assets of PT Tech, Inc., a manufacturer of engineered clutches, brakes and torque management devices for mining, aggregate and other industries, based in Sharon Center, Ohio.
ProMach, Inc. acquired Weiler Labeling Systems, a New Jersey-based provider of high-speed rotary labeling, serialization and coding solutions, to expand its pharmaceutical packaging capabilities.
Hitachi has agreed to acquire Accudyne Industries' subsidiaries and related assets that make and sell Sullair-branded air compressors. The deal gives Hitachi access to Sullair's sales network, mainly in North America.
A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.
Parlec Inc. sold its tooling division to Techniks Industries, based in Indianapolis, Indiana. The tooling unit will retain the Parlec brand name, while the remaining presetting business will operate as Omega Tool Measuring Machines.
AMETEK agreed to acquire all outstanding shares of MOCON, a Minneapolis gas analysis instrumentation maker, at $30 per share in cash. The aggregate enterprise value is approximately $182 million.
Northwest Pump & Equipment has acquired the assets of Clackamas, Oregon-based Performance Pump, which offered over 20 lines of industrial pumping equipment. Performance Pump product lines and staff will join Northwest Pump.