Core & Main entered into a definitive agreement to acquire Dana Kepner Company LLC and associated entities, announced 9 February 2024.
Berry Global agreed to spin off and merge its Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter in a Reverse Morris Trust deal valuing the combined company at $3.6 billion enterprise value. Berry shareholders will own 90% of the combined company and Berry will receive about $1 billion in cash.
Cooper Machinery Services, a portfolio company of Arcline Investment Management, announced on February 5, 2024 that it acquired Tucker Valve Seat Company, a Odessa, Texas maker of industrial alloy valve seats founded in 1957.
DXP Enterprises, Inc. completed the acquisition of Kappe Associates, Inc., a Frederick, Maryland distributor and manufacturers' representative of pumps, controls and process equipment for the water and wastewater industry. DXP funded the deal with balance sheet cash; the price was not disclosed.
Koerber has acquired a majority stake in Rondo-Pak LLC, a New Jersey printing and pharmaceutical packaging company it previously ran as a joint venture since 2015. The acquisition took effect on 1 February 2024 and Rondo-Pak will operate under the Koerber brand.
US thermal laminates distributor Nobelus acquired the film division of McKinleys Group, announced on 1 February 2024.
Mauser Packaging Solutions completed the acquisition of substantially all assets of Consolidated Container Company, a maker and reconditioner of industrial containers, on February 1, 2024, for $56 million in cash. The target has facilities in Minneapolis, Minnesota and Kansas City, Kansas.
Control Devices, a portfolio company of HBM Holdings, has acquired Gilmore, which designs and manufactures severe service valves and pressure relief systems for the upstream oil and gas industry. Terms were not disclosed.
Unicorr Packaging Group acquired corrugated packaging producer TriState Container Corporation, which operates three facilities in the Philadelphia area. The transaction closed in October 2023 and was announced January 24, 2024.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
DRT Holdings announced the purchase of U.S.-based Custom Machining Corporation for an undisclosed sum; CMC joins DRT's Metal Packaging Systems segment, which makes rotary end coating systems for metal packaging.
Fairbanks Morse Defense, an Arcline portfolio company, acquired Hunt Valve Company, a maker of naval valves and electromechanical actuators with facilities in Salem, Ohio and Montreal. Financial terms were not disclosed.
HCI Equity Partners-backed AmerCareRoyal acquired Thermosource Tooling and Manufacturing (TTM), a maker of thermoformed and flexible packaging in El Segundo, California. Financial terms were not disclosed.
Atlas Copco Group acquired the technology of Utah-based Hycomp Inc, a privately owned maker of high-pressure oil-free compressors and boosters with 37 employees and about USD 8 million in 2023 revenue. The purchase price was not disclosed.
Hood Container Corporation has acquired the corrugated packaging business of Sumter Packaging Corporation, including its Sumter, South Carolina operations and its Statesville, North Carolina facility.
Mursix Corporation acquired Aul Brothers Tool and Die, an automotive aftermarket tool and die business, with the deal finalized in mid-2023 and terms undisclosed. Aul Brothers production moved to Mursix's Park One headquarters and is expected to account for about 10% of sales.
Franklin Electric's subsidiary Headwater Companies acquired substantially all assets of LCA Pump, LLC, which operates Water Works Pump, a groundwater distributor in Springfield, MO. It will operate as a branch of Headwater Wholesale.
Trive Capital formed Venturi Supply, a pipe, valve and fittings distributor headquartered in Phoenix, by combining six PVF distribution businesses. Venturi serves customers across 42 facilities in the U.S.
Kodiak Gas Services agreed to acquire CSI Compressco in an all-equity transaction valued at about $854 million including $619 million of net debt, creating the largest contract compression fleet with 4.3 million horsepower.
H.I.G. Capital portfolio company SIAT Group bought a 50% stake in US-based Combi Packaging Systems from 3M, with terms undisclosed.
Atlas Packaging Inc. has acquired Republic Packaging of Florida in Miami, adding wood crating and expanded fulfillment services.
BP Energy Partners, a Dallas private equity firm, acquired Odessa American Industrial Machine, a Texas repair and parts firm for compressor and engine equipment, from AAVIN Equity Advisors. FMI Capital Advisors was the exclusive financial advisor.
NOVA Infrastructure acquired A&R Bulk-Pak, a South Carolina provider of contract packaging, transloading and warehousing for the petrochemical industry. No financial terms were disclosed.
AMETEK Dynamic Fluid Solutions and the former Bison Gear and Engineering Corp. have merged to form Bison, a business of AMETEK, Inc., making fluid-moving and motor drive products such as motors, blowers, pumps and gear motors. Manufacturing is in the US and Mexico with China facilities.
MAX Solutions, a packaging manufacturer, and Walker SCM, a transportation and logistics company, formed Unity Solutions, a joint venture offering turnkey packaging, fulfillment and logistics solutions with manufacturing and fulfillment facilities in logistics hubs.
Platte River Equity partnered with the management teams of TIPCO Technologies and HydraTech Industrial Solutions to form a national distributor of fluid conveyance and sealing solutions, operating as TIPCO Technologies with 30 locations in 13 states.
Novvia Group, a packaging solutions provider backed by Kelso, acquired Ocean State Packaging. No deal value or location was given in the article.
Winsupply Inc. of Dayton, Ohio acquired Milford Companies, a distributor of pipe, valve and fitting and waterworks supplies with five locations in Texas, Oklahoma and New Mexico. Chase Brown will remain president.
President Container Group acquired garment hanger pack and wardrobe box maker RHE Container Company, completing the deal in December 2023; the integration was announced in a June 2026 release.
Harrington Process Solutions, a US industrial products distributor, acquired PumpMan, a US pump, motor and valve maintenance provider with 11 locations. Financial terms were not disclosed.
Northwest Pump acquired D.R. Smith Co. (dba Air Compressor Service), an Everett, Washington distributor and servicer of air compressors, with the transaction closing April 30, 2021.
Coffin Turbo Pump Inc. acquired JR Engineering and Machining Corporation of Hillsdale, New Jersey, combining pump design, manufacturing and repair services. JRE operations will be consolidated into Englewood, NJ facilities.
Graham Corporation has acquired P3 Technologies LLC of Jupiter, Florida, a custom turbomachinery engineering and manufacturing business for space, new energy and medical markets. P3 develops pumps, compressors, turbines, high-speed rotors and cryogenic pumps.
Unicorr Packaging Group announced the acquisition of Pennsylvania-based TriState Container Corporation, a corrugated packaging maker with three Philadelphia-area facilities. TriState will operate as a subsidiary of Unicorr.
Altamont Capital Partners' portfolio company Specialized Packaging Group closed its acquisition of Complete Packaging on November 7, 2023, adding about 90 employees; Complete operates in Detroit and Monroe, Michigan.
Conner Industries, a provider of lumber, industrial wood crates and pallets, acquired Denver Reel & Pallet Company, a custom wooden crate and pallet business in Denver, Colorado.
LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.
Ryder System has entered a definitive agreement to acquire all equity of IFS Holdings (Impact Fulfillment Services), which runs 15 contract packaging, manufacturing and warehousing operations in nine US states. The deal is expected to close in early November 2023, subject to antitrust approvals.
CEME Group announced the acquisition of Micropump, a US pump maker headquartered in Vancouver, Washington, to expand its fluid control offering. The announcement was dated 2023-10-19 and no price was given.
Investment affiliates of KKR completed their acquisition of CIRCOR International at $56.00 per share, and CIRCOR stock stopped trading on the NYSE. The completion was announced on 2023-10-18.
Atlas Copco acquired William G Frank Medical Gas Testing and Consulting and Medical Gas Credentialing from a single owner, to be integrated into BeaconMedaes. The deal was announced on 2023-10-11 and the price was not disclosed.
GHK Capital Partners completed its acquisition of JohnsByrne, a Niles, Illinois maker of premium folding carton packaging and specialty print solutions. Terms were not disclosed.
Bain Capital Private Equity has closed its acquisition of Harrington Process Solutions, a specialty distributor of industrial flow control process solutions based in Chino, California. The deal was announced as completed on October 5, 2023.
Dover agreed to acquire FW Murphy Production Controls from Genisys Controls for $530 million in cash, to join its Dover Precision Components unit. The deal is expected to close in Q4 2023 subject to regulatory approvals.
StationServ announced its acquisition of East Texas Pump Service, a Nacogdoches, Texas fuel system installation and maintenance firm. Financial terms were not disclosed.
Summit Steel & Manufacturing, Fairlawn Tool, Laser Specialties and Summit Storage Solutions announced the formation of a single manufacturing entity, Caldera Manufacturing Group, in October 2023.
PumpMan acquired Flo-Systems, Inc., a family-owned water and wastewater pump service firm serving the St. Louis metro and Southern Illinois, to expand its coverage.
Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, a Gardner Denver industrial air compressor distributor, roughly doubling its industrial air compressor business.
Sharps Technology signed an asset purchase agreement to acquire Nephron Pharmaceuticals' InjectEZ specialty syringe manufacturing facility for $50 million, backed by a term sheet for up to $75 million in debt financing.
Machinery Services Co. and Rapid Pump & Meter Service Co., a Hidden Harbor Capital Partners portfolio company, acquired Delta-Electro Power, which provides maintenance and electrical services for motors and pumps. The deal expands Rapid Pump into Rhode Island and Massachusetts.