Atlas Copco agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment, announced 2 June 2017.
Private equity investor CGS Management, through portfolio company EOL Packaging Experts, acquired a majority stake in BMS Maschinenfabrik of Pfatter, a maker of sorting systems and dry parts solutions. The deal was announced on 13 May 2020; no value was disclosed.
Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.
Exel Industries acquired Intec GmbH, a maker of bonding and dosing equipment for automotive body assembly with about 120 staff in Erftstadt, Germany, from the insolvency administrator of Eisenmann SE. Closing was completed in February 2020.
KPS Capital Partners agreed to acquire Baker Hughes' Lufkin rod lift solutions business. The agreement was reported on 1 May 2020.
Voith Group and Moog Inc. signed contracts on 29 April 2020 to form the joint venture HMS - Hybrid Motion Solutions GmbH in Rutesheim, focused on hydrostatic servo-hydraulic drives for industrial markets.
Dearing Compressor has acquired Kruman, a Pittsburgh company, and will keep the Kruman name as a division of Dearing. The deal expands Dearing's territory across Ohio, Pennsylvania, West Virginia and Maryland.
Hydraproducts acquired the business and assets of Fluidlink Hydraulics Ltd of Devizes, a manufacturer of bespoke hydraulic power packs, announced 21 April 2020.
Colfax agreed to acquire CKD Kompresory a.s. of Prague from CKD Group for approximately $57 million including debt, to be merged into Howden as Howden CKD Compressors. Closing is expected in the fourth quarter.
Danfoss is acquiring Eaton Hydraulics, combining it with Danfoss Power Solutions to strengthen its hydraulic components business for mobile machines. The announcement was made weeks before the April 2020 interview.
Barlotti Srl, a 30-year-old industrial distributor in Sala Bolognese near Bologna, joined the Rubix Group through its Minetti Spa brand in March 2020. The announcement is dated March 24, 2020.
Elgi Equipments' wholly-owned subsidiary Elgi Compressors USA Inc formed a joint venture company with Bryan Becker, managing partner of the LLC, on 19 March 2020, disclosed to exchanges on 11 May 2020.
Atlas Copco has acquired Dekker Vacuum Technologies, a Michigan City, Indiana maker of highly engineered vacuum pumps and systems. Prairie Capital Advisors was exclusive financial advisor to Dekker. Terms were not disclosed.
Kosan Crisplant, a daughter company of MAKEEN Energy, signed an agreement to acquire Gas Equipment Company (GEC). The deal was reported on March 6, 2020.
Burckhardt Compression has acquired the global compressor business of The Japan Steel Works (JSW). The deal value was not disclosed in the article.
Two Halder portfolio companies acquired 100% of SIRAG AG, UNIVER AG and UNIPROD AG, Swiss suppliers of pneumatic and automation assemblies based in Steinhausen. The companies will be merged into Valeta GmbH, and the sellers are handing over to internal successors.
Charlotte-based Wastequip signed a definitive agreement to acquire Van Nuys, California waste container manufacturer Consolidated Fabricators Corp., which has California facilities and a plant in Tijuana, Mexico.
Intertape Polymer Group agreed to acquire substantially all operating assets of Nortech Packaging, a maker of automated packaging machines near Chicago, Illinois, for about $36.5 million in cash plus potential earn-out. The deal was announced on February 10, 2020.
TOMCO2 Systems acquired the operating assets of CO2 Air used in its dry ice production equipment business. The deal was reported on February 7, 2020.
Gardner Denver completed its merger with the Ingersoll Rand Industrial segment on 29 February 2020, forming Ingersoll Rand Inc. with over 16,000 employees. The combined company makes air compressors, pumps, blowers and fluid management systems.
Manuli Rubber Industries completed the acquisition of a majority shareholding in RYCO Hydraulics, merging its Manuli Hydraulics and Fluiconnecto divisions into RYCO. The combined business has sales approaching €500 million.
Danish engineering company Danfoss agreed to acquire Eaton's Hydraulics business for a cash price of $3.3 billion (about EUR 3.0 billion), as reported in a January 21, 2020 law firm roundup.
Atlas Copco acquired Hydra Flow West, a distributor of spare parts and accessories for compressor service based in Walnut, California. The purchase price was not disclosed. The announcement was made on January 16, 2020.
Pye-Barker Engineered Solutions acquired Florida Air Technologies, LLC of Orlando, taking over its compressed air equipment, vacuum pumps and repair parts. All employees keep their jobs, and the deal was announced on January 9, 2020.
Warburg Pincus agreed to acquire Sundyne, a maker of centrifugal pumps and compressors, from BC Partners and The Carlyle Group. Terms were not disclosed and management under CEO Mark Sefcik will continue.
ELGi Compressors USA, a subsidiary of ELGi Equipments, acquired Michigan Air Solutions, an independent air compressor distributor with locations in Grand Rapids and Plymouth, Michigan.
ELGi Equipments received approval to acquire 100 percent of Michigan Air Solutions LLC, a Michigan-based air compressor distributor, through its US subsidiary. The total consideration is around US$6 million.
TerraVest Industries acquired the assets of Argo Sales Inc., an Alberta-based manufacturer of wellhead processing and production equipment for the Canadian oil and gas market. The deal was funded with existing cash and credit facilities.
AxFlow Denmark acquired Trio Trykluft A/S, strengthening its compressed air provision and service business, located in Slangerup, Denmark, announced 19 November 2019.
Shorehill Capital acquired an ownership interest in Triad Technologies, a Vandalia, Ohio distributor of industrial fluid power and automation products, alongside management and the Wissman family; terms were not disclosed.
Atlas Copco has acquired the WestRon Group, a Canadian distributor focused on sales, installation and service of small industrial compressors and blowers. WestRon is based in Calgary, Alberta, has 26 employees and its purchase price was not disclosed.
Fluid power distributor SunSource joined forces with The Hope Group, a Northborough, Massachusetts distributor of hydraulics and pneumatics, as announced in a letter to customers and vendors on November 5, 2019; the deal was announced internally on October 31, 2019.
Kaman Corporation agreed to acquire Bal Seal Engineering, a maker of precision springs, seals and contacts, for $330 million in cash. Bal Seal expects about $95 million in revenue for 2019.
Johnson Controls announced it acquired Synchrony, a Roanoke, Virginia developer of active magnetic bearing technology, from Siemens Gas and Power. The deal closed November 1, 2019 and will improve its centrifugal chiller products.
Private equity firm First Reserve agreed to buy TriMas' Lamons business, a provider of industrial sealing and fastener solutions, for $135 million in cash. Closing is expected by the end of the first quarter of 2020.
Amsted Seals acquired Clark Seals Ningbo, to be renamed Amsted Seals Ningbo, an IATF-certified seal plant in Ningbo, China. A 10-year commercial agreement makes Clark Seals LLC a preferred distributor.
ProMach acquired Jet Label & Packaging, a Edmonton-based label maker with seven offices across Western Canada, to expand its labeling and coding capabilities. The announcement was made on 30 October 2019 and no value was disclosed.
Linde acquired a minority stake in ITM Power plc, a British maker of PEM electrolyzers for hydrogen production, completed on October 22, 2019. The stake was announced on October 23, 2019.
Atlas Copco Compressors LLC acquired the assets of California distributors Accurate Air Engineering and Compressed Air of California, which will become factory direct branches across five locations from San Diego to Sacramento. More than 50 staff join Atlas Copco.
Liberta Partners, through its Liberta Partners Fund II, has taken over the majority of FMA Mechatronic Solutions AG, a mechatronic contract manufacturer based in Schaan, Liechtenstein. The founder Stefan Dürr remains as managing shareholder; the purchase price was not disclosed.
Motion Canada, a division of Motion Industries, agreed to acquire The Fluid Power House, an engineering-focused fluid power distributor with four Ontario locations, with execution on October 1, 2019.
Motion Canada, a division of Motion Industries, acquired Ontario-based fluid power distributor The Fluid Power House on 1 October 2019. FPH has about 40 employees in four Ontario locations and projects 2019 sales above $21 million.
Antares Vision S.p.A. executed the acquisition of FT System S.r.l., an inspection and control systems company controlled by Arol, for the bottling and packaging sector, alongside an industrial partnership agreement. No value was disclosed.
Interpump signed a binding agreement to acquire 100% of Reggiana Riduttori through a share exchange, based on an agreed enterprise value of EUR 125 million. Closing is expected by end of 2019, subject to due diligence.
The Timken Company agreed to acquire BEKA Lubrication, a Pegnitz, Germany-based supplier of automatic lubrication systems, for approximately $165 million. BEKA's 2019 sales are expected to be around $135 million, and the deal is subject to German regulatory review.
The John H. Carter Company acquired Process Pumps & Equipment and its affiliate LA Machine & Design, which will operate from existing facilities in Geismar and Shreveport, Louisiana, expanding its pump group offerings. The deal was announced on September 13, 2019.
Elliott Group merged Ebara International Corporation, based in Sparks, Nevada, with its operations in Jeannette, Pennsylvania. The transaction was listed in the Q2 2019 pump M&A review.
Valmet sealed its acquisition of GL&V, a global provider of technologies and services to the pulp and paper industry, for an enterprise value of about €113 million. The deal was among pump-related M&A completed in Q2 2019.
The Massman Companies has acquired DTM Packaging and Custom Automation, a manufacturer and remanufacturer of bottling, packaging and custom automation equipment, adding it to its group of machinery companies.
OLBRICH GmbH has acquired the remaining shares of Polytype Converting from Jagenberg AG, now owning 100% of Polytype Converting GmbH in Hamburg and Polytype Converting AG in Fribourg. The move integrates the unit fully into the OLBRICH Group.