Hexagon AB announced an agreement to acquire MSC Software, a leading provider of CAE simulation software, for an enterprise value of $834 million. MSC had proforma sales of $230 million in 2016 and will operate as an independent business unit within Hexagon's Manufacturing Intelligence division.

Parker Hannifin and CLARCOR have entered into a definitive agreement under which Parker will acquire CLARCOR for about $4.3 billion.

KapStone Paper and Packaging Corporation completed the acquisition of assets of Associated Packaging, Inc. from Scott Dorris and Brad Dorris on February 1, 2017. No purchase price was given in the article.

KSB divested its subsidiary KSB AMRI, Inc. in Houston, Texas, which makes butterfly valves and actuators for chlorine production, to Bray International. KSB and Bray also signed a sales and supply cooperation agreement.

BITZER, the refrigeration compressor maker, announced the acquisition of ElectraTherm, a Reno, Nevada company making Organic Rankine Cycle waste heat to power generators. The deal gives BITZER a US subsidiary entry into the waste heat to power market.

Cleveland Steel Container Corporation acquired privately held U.S. Coexcell, Inc. of Maumee, Ohio, a maker of multi-layer plastic drum packaging, in a transaction for which P&M Corporate Finance was exclusive financial advisor.

Icahn Enterprises L.P. closed its all-cash acquisition of Federal-Mogul Holdings Corporation for $10.00 per share, making Federal-Mogul a wholly owned subsidiary of Icahn Enterprises.

US packaging company WestRock will buy Multi Packaging Solutions International for about $1.39 billion to expand its spirits, confectionery and cosmetics packaging portfolio. The report was published on January 24, 2017.

WestRock agreed to acquire all outstanding shares of Multi Packaging Solutions (MPS) for $18.00 per share in cash plus about $873 million of net debt, a total enterprise value of $2.28 billion. The deal was announced on January 24, 2017.

Ethicon Endo-Surgery, Inc., part of Johnson & Johnson, acquired Megadyne Medical Products, Inc., a privately held medical device company specializing in electrosurgical tools. Financial terms were not disclosed.

Sparta, Wisconsin-based Multistack LLC has acquired Germantown, Wisconsin-based Desert Aire Corp., a maker of commercial and industrial humidity and climate control systems. Desert Aire will operate as a wholly owned subsidiary.

Saw Mill Capital Partners II, LP and affiliated funds have acquired iAutomation, a value-added designer and distributor of automation products. Terms were not disclosed.

Mueller Water Products sold its Anvil International piping components division to private equity firm One Equity Partners for $315 million in cash, effective immediately. Anvil had 2016 net sales of about $338 million.

Forum Energy Technologies acquired the assets of Cooper Valves, a Stafford, Texas maker of metal seated ball valves and cast and forged gate, globe and check valves.

Panasonic Corporation has signed a contract to acquire all shares of TeraDiode, a US-based industrial laser supplier, to strengthen its laser processing business.

Komatsu acquired rival US-based Joy Global in a deal valued at $2.9 billion globally. Both companies manufacture mining and construction machinery. The article notes merger control procedures in Colombia.

Effective December 22, 2016, Trienda Holdings, L.L.C. acquired The PendaForm Company. The combined entity will operate under Kruger Brown Holdings, LLC and become the largest heavy-gauge thermoformer in North America.

TDK Corporation agreed to acquire all outstanding shares of InvenSense for $13.00 per share, totaling $1.3 billion, to strengthen its sensor and actuator product portfolio for IoT, automotive and ICT markets.

New-Indy JV Corp., a joint venture of the Kraft Group and Schwarz Partners, acquired triPAQ, which makes custom corrugated packaging at plants in Cerritos, Santa Ana and Mexicali. 555 Capital Advisors was the exclusive financial advisor on the deal.

Ingredion Incorporated agreed to acquire all outstanding shares of privately held U.S. texture systems maker TIC Gums for $400 million, announced December 20, 2016.

Ohio Transmission Corporation, an industrial equipment distributor based in Columbus, Ohio, acquired C & C Industrial Sales (Gallatin, Tennessee) and Midway Industrial Supply (Minneapolis, Minnesota). Both become divisions of OTP Industrial Solutions, which sells spray finishing, sealant, adhesive, automation and fluid power systems.

Fabco-Air Inc. of Gainesville, Florida acquired the Humphrey stainless steel disposable cylinder product line, including the volume chamber line and cylinder accessories, in a transaction completed December 16, 2016.

Clearwater Paper acquired Manchester Industries, a paperboard sales, sheeting and distribution supplier with five facilities in the US, from PaperWorks Industries for $68.25 million in cash. The deal was announced on 16 December 2016.

In a parallel deal, Newell Brands is buying US company Smith Mountain Industries, maker of WoodWick home fragrance candles, for US$100 million.

New-Indy JV Corp. has agreed to acquire triPAQ, Inc., a family-owned corrugated packaging company with plants in Santa Ana and Cerritos, California, and in Mexicali and Tijuana, Mexico. Terms were not disclosed.

Chicago private equity firm Wind Point Partners has acquired Paragon Films, a manufacturer of cast stretch films headquartered in Broken Arrow, Oklahoma, which operates three plants in Oklahoma, North Carolina and Washington state. Terms were not disclosed.

Patterson-UTI Energy agreed to acquire Seventy Seven Energy in an all-stock deal valued at about $1.76 billion, creating a larger US land drilling and pressure pumping fleet. Closing is expected late in Q1 2017.

Aalberts Industries, parent of Apollo Valves, acquired Georgia-based Shurjoint Industries, a maker of mechanical piping components, to extend the end-to-end connection portfolio of Apollo Flow Controls.

Stone Canyon Industries, via its BWAY Corp unit, is in exclusive talks to buy industrial packaging company Mauser Group from Clayton Dubilier & Rice for more than $2 billion, though no deal is certain.

Bimba, a pneumatic and motion solutions company, has acquired Vaccon Company, a Massachusetts-based maker of vacuum pumps, vacuum cups and end-of-arm tools. Vaccon will keep operating from its current location under its existing management.

Parker-Hannifin agreed to acquire CLARCOR, a Franklin, Tennessee filtration manufacturer, for $83.00 per share in cash. The deal values CLARCOR at about $4.3 billion including net debt.

AEA Investors LP has acquired TricorBraun Holdings, Inc., a North American distributor of glass and plastic rigid packaging, from CHS Capital. The deal value was not disclosed.

Packaging Corporation of America completed its cash-free, debt-free acquisition of Columbus Container, Inc., an independent corrugated products producer, for $100 million funded from cash on hand.

Patheon signed a definitive agreement to acquire a state-of-the-art active pharmaceutical ingredients (API) manufacturing facility in Florence, South Carolina from Roche Holdings for an immaterial sum plus inventory and spare parts. The deal includes a multi-year supply arrangement with Roche.

The Carlyle Group agreed to buy Hartsville, South Carolina-based packaging company Novolex from Wind Point Partners and TPG Growth. No financial terms were disclosed and closing is expected before year end.

Wellspring Capital Management has sold its 100% stake in flexible packaging company ProAmpac to Pritzker Group Private Capital. Financial terms were not disclosed.

Smithfield Foods will acquire Clougherty Packing, a subsidiary of Hormel Foods, for $145 million. The acquisition is expected to be completed by the end of the year.

Rockwell Automation, Inc. acquired MAVERICK Technologies, a systems integrator with 21 U.S. locations and over 300 engineers, to expand process control and information solutions.

ICS Company has joined the Aimtron Group following its acquisition by Aimtron Electronics Limited. The company will operate as Aimtron International Controls from its Decatur, Illinois facility.

Siemens announced an agreement to acquire EDA software leader Mentor Graphics in a $4.5 billion cash transaction, positioning Siemens as a provider of an integrated digital platform for mechatronics product engineering.

Burrows Paper Corp. agreed to sell its packaging division to Novolex of Charlotte, North Carolina, in a deal expected to close later in 2016. Terms were not disclosed.

Twin Rivers Paper Co. agreed to acquire the paper division of Burrows Paper Corp. of Little Falls, New York, expanding its specialty paper capacity by about 70,000 tons annually. The deal is expected to close later in 2016 and terms were not disclosed.

IPL Inc. acquired Encore Industries Inc., a producer of rigid plastic packaging with three US facilities in Ohio, Georgia and Minnesota, for US$35 million. The deal was made with parent One51 and partners Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ.

The Raymond Corporation acquired all of the stock of Werres Corporation, effective August 1, 2016. Keith Burlingame was appointed President of Werres Corporation.

Sonoco has acquired Plastic Packaging Inc., a privately held Hickory, North Carolina flexible packaging maker with about $42 million in expected 2016 sales and roughly 170 employees. The deal adds short-run flexible packaging capabilities in the southeast US.

Yokogawa Electric Corporation completed the acquisition of Soteica Visual Mesa (SVM), a leading energy management technology provider, as a wholly-owned subsidiary. SVM will be integrated into KBC Advanced Technologies.

Sun Hydraulics agreed to acquire the Power Controls and Vehicle Technologies business lines of Enovation Controls, LLC for an initial $200M plus up to $50M earn-out, expected to close within 30 days.

Presto Lifts announced its acquisition of ECOA Industrial Lift Products of Hialeah, FL. The deal expands Presto Lifts' product range to include heavier capacity and custom-designed lifting equipment.

On June 8, 2018, JR Automation, a provider of intelligent automated manufacturing solutions, acquired Esys Automation, an engineering and manufacturing systems integration firm in Auburn Hills, MI. The acquisition expanded JR Automation's workforce to over 2,000 people across 23 facilities.

Canyon Bridge Capital Partners will acquire all outstanding shares of Lattice Semiconductor for approximately $1.3 billion, or $8.30 per share in cash. Lattice will continue to be headquartered in Portland, Oregon, operating as a subsidiary of Canyon Bridge.