ANDRITZ acquired KEMPULP, a Karlstad-based specialist in chemical pulping process technologies, including its intellectual property, expertise, tools, systems and inventory. KEMPULP will be fully integrated into ANDRITZ Pulp & Paper.

Ingersoll Rand agreed to sell its industrial division, including Precision Flow Systems, to Gardner Denver in a transaction valued at $7.7 billion, as reported in a mid-2019 fluid handling M&A review.

Minetti SpA, a Rubix Group brand, has acquired Brescia-based industrial components distributor Fluidmec SpA under an agreement signed on 31 July 2019, combining know-how in pneumatics, hydraulics, automation and seals.

Proax Technologies Ltd. announced its acquisition of C&B Industrial Supplies Ltd., a supplier of compressed air equipment and industrial pneumatic components serving Atlantic Canada for 32 years. The announcement is dated July 30, 2019.

Arcline Investment Management signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company, which manufactures compression and engine systems in Houston, Texas and Salina, Kansas. The price was not disclosed.

Bosch plans to sell its packaging machinery business to CVC Capital Partners, as announced on July 12, 2019. Reuters valued the unit at about 850 million euros, though financial terms were not officially disclosed.

Dussur, Saudi Aramco and Hyundai Heavy Industries signed a joint venture to manufacture 2-stroke and 4-stroke marine engines, electric power plant engines and marine pumps at Ras AlKhair in Saudi Arabia's Eastern Province. The venture is expected to create over 720 jobs.

From July 1, 2019, Kaeser Kompressoren SE of Coburg, Germany, sells the magnetic-bearing turbo compressors made by PillAerator GmbH in Moringen, taking over the operative business of the subsidiary of Piller Blowers & Compressors.

Print finishing equipment makers AB Graphic International and Kocher+Beck have jointly acquired Spanish labeling and packaging equipment maker Enprom Packaging. The deal was announced July 1, 2019, and no value was given.

As part of the Elite deal, Archrock will sell about 80,000 active and idle compression horsepower to Harvest Midstream for $30 million in cash.

Archrock agreed to acquire substantially all assets of Elite Compression Services, including about 430,000 horsepower of mostly large-horsepower compression units, for $410 million in cash and newly issued shares.

Elgi Gulf FZE, a wholly owned UAE subsidiary of Elgi Equipments, proposed to invest 147,000 UAE dirhams for a 49% stake in a new UAE joint venture with a local Emirati partner to sell air compressors in the region.

Cortec Group acquired Rotating Machinery Services (RMS), a provider of aftermarket repair and overhaul services for large rotating machinery, from Incline Equity Partners. RMS has about 200 employees and four operating locations.

Private equity firm Allegro Funds has agreed terms to take a stake in Questas Group, an Australian provider of hydraulic, irrigation, pump and engine solutions.

Chart Industries and Flowserve have finalized a $19 billion merger of equals, combining Chart's cryogenic technologies with Flowserve's pumps, valves and seals, with about $300 million in projected annual cost synergies.

Atlas Copco acquired the operating assets of Taylor Air Center, a compressor distributor and division of Vallen Distribution, in the Lehigh Valley, Pennsylvania. The business has about 20 employees and will join Atlas Copco's Compressor Technique service division. The price was not disclosed.

NPK Construction Equipment, a subsidiary of Japan's Nippon Pneumatic Manufacturing, has purchased Genesis Attachments LLC of Superior, Wisconsin, and its German affiliates Genesis Holdings and Genesis GmbH. The purchase price was not disclosed.

KPS Capital Partners has signed a definitive agreement to acquire Glasgow-based Howden, a maker of air and gas handling equipment, from Colfax Corporation for an enterprise value of $1.80 billion. Howden will become an independent company.

Italian machinery group CFT acquired the entire share capital of Siapi S.r.l., a maker of two-stage stretch blow-molding machines, for EUR 3 million plus a possible earn-out of up to EUR 2.4 million. Siapi recorded revenues of about EUR 11 million in 2018.

Atlas Copco has acquired Bold & Cichos GbR, a compressor distributor based in Waldfischbach-Burgalben, Germany, with about 15 employees. The company also offers service and engineers air package container solutions. The purchase price was not disclosed.

Gardner Denver and Ingersoll-Rand agreed to combine Gardner Denver with Ingersoll Rand's Industrial segment via a spin-off, creating a global pump and compressor maker valued at about $5.8 billion for Ingersoll Rand shareholders.

Sealed Air signed a definitive agreement to acquire US-based automated bagging systems maker Automated Packaging Systems for a total consideration of $510 million on a cash and debt-free basis. The deal is subject to regulatory approval.

Ingersoll-Rand plc agreed to spin off its Industrial business and merge it with Gardner Denver Holdings in a cash-and-stock Reverse Morris Trust deal valued at about $15 billion, announced April 30, 2019.

Ingersoll Rand agreed to merge its air compressor, pumps, and fluid and materials handling business with Gardner Denver, spinning off its industrial business. The climate solutions business will receive $1.9bn in cash from the merger financing.

Parker-Hannifin entered a merger agreement under which it will acquire LORD Corporation for $3.675 billion in cash on a cash-free, debt-free basis, to be financed with new debt.

Koenig & Bauer Coding GmbH acquired All-Print Holding AB, which owns Svenska Allen AB and All-Print i Linköping AB, to expand its marking, coding and print-and-apply business in Scandinavia.

SAMOA Industrial, headquartered in Gijón, Spain, acquired Italian manufacturer Larius Srl, which makes transfer pumps, paint spray equipment and extrusion systems. The deal was announced on 12 April 2019.

Atlas Copco acquired PSI Compressors of Brockville Incorporated, a compressor distributor in south-eastern Ontario, to expand direct sales and service in eastern Ontario. The price was not disclosed and the company joins the Compressor Technique division.

Atlas Copco acquired S.A.S. Air Diffusion, its distributor of compressors based in St. Etienne, France, through its subsidiary Exlair. The purchase price was not disclosed. The announcement was made on 2 April 2019.

C-Automation agreed to buy the drilling services business of Aberdeen-based Proserv, which will trade as C-Automation Services. Financial terms were undisclosed and the two firms will partner on shared products and services.

Hypertherm signed a definitive merger agreement to acquire abrasive waterjet maker OMAX, which becomes a wholly owned subsidiary. Closing is expected on or around April 9, 2019.

Atlas Copco Compressors LLC has acquired Appleton Compressor Service & Supply Inc., a long-established Atlas Copco distributor in Menasha, Wisconsin, turning the territory into a factory-direct branch. The deal's value was not disclosed.

Unipart Rail acquired Westcode, a supplier of rail air supply equipment and door systems, including its Westcode Inc and Westcode UK businesses. The businesses will keep trading under their own brands in the US and Europe.

Atlas Copco acquired Appleton Compressor Service & Supply, a long-established US distributor of its compressors based in Wisconsin with about 15 employees. The purchase price was not disclosed.

Italian manufacturer Safim, a portfolio company of Ambienta, completed the acquisition of OMNI Hydraulik Ritter GmbH, a German distributor of hydraulic valves and brake pumps for off-highway vehicles. The deal was announced on 28 February 2019.

Duplomatic Motion Solutions, sponsored by Alcedo SGR, completed the purchase of hydraulic technologies provider Hydreco from Clyde Blowers Capital, which had owned it since 2008. Hydreco's sales were over £25.6m.

Industrial Service Solutions, backed by Edgewater Growth Capital Partners III, completed the acquisition of Madison-Smith Machine & Tool, a Kentucky-based plant maintenance, repair and precision machining provider, in December 2012.

Valmet agreed on February 26, 2019 to acquire North American GL&V, a global supplier of technologies, rebuilds and spare parts to the pulp and paper industry, for an enterprise value of about EUR 113 million on a cash and debt free basis. Completion is estimated at the earliest on April 1, 2019.

Italian Interpump agreed to buy 100% of Fluinox, a Valencia-based maker of processing equipment for food, cosmetic, chemical and pharmaceutical industries, for at least 11.15 million euros including the agreed price and the box value.

Portland private equity firm LVL3 announced its acquisition of privately owned Hoffman Instrumentation Supply, a Hillsboro, Oregon maker of high and ultra-high vacuum stainless steel components.

Danfoss announced it acquired a majority stake in Artemis Intelligent Power, an Edinburgh-based R&D firm specializing in hydraulic systems, gaining its Digital Displacement technology and establishing Edinburgh as a centre of excellence.

Koenig & Bauer and Durst signed a letter of intent for a 50/50 joint venture in Germany to develop and make water-based digital single-pass presses for folding carton and corrugated printing. Manufacturing of the VariJET press is to start in time for Drupa 2020, subject to merger control approval.

INVENT Umwelt- und Verfahrenstechnik took over the Erzhausen-based company Geppert Rührtechnik GmbH and founded INVENT Industrial Mixing Systems GmbH, expanding its portfolio into industrial mixing products. The deal was reported in 2016.

Ingersoll Rand agreed to sell its industrial segment to Gardner Denver for $7.7 billion, which would leave Ingersoll Rand focused on climate solutions. The deal was reported in a 2019 review of pump and valve sector M&A.

Ingersoll-Rand announced it is acquiring Precision Flow Systems from funds advised by BC Partners and Carlyle Group for $1.45 billion, its largest deal since 2007.

Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.

Danfoss signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a supplier of hydraulic steering solutions based in Parchim, Germany. The deal is intended to expand Danfoss Power Solutions' product portfolio and manufacturing capacity.

NB Renaissance Partners signed a binding agreement to acquire control of Hydro Holding, a European hydraulic fittings producer, taking an 80% stake while founding families keep the rest. The seller is Mandarin Capital Partners.

Gulf Controls Company acquired the assets of the Fluid Power division of Valin Corporation on November 30, 2018, and rebranded as GCC. The division, a distributor of hydraulic, pneumatic and electric products with locations in Kent and Spokane, Washington and Portland, Oregon, joins Employee Owned Holdings.

Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.