Gulf Controls Company acquired the assets of the Fluid Power division of Valin Corporation on 30 November 2018. Valin Fluid Power, a hydraulic, pneumatic and electric products distributor with sites in Washington and Oregon, became a division of GCC.
Krones acquired MHT Holding, a Hochheim, Germany-based producer of PET preform moulds and injection moulding tools, for an undisclosed sum. The acquisition strengthens Krones' PET value chain and tool manufacturing.
ELGi Equipments, an Indian air-compressor manufacturer, has acquired Pulford Air and Gas, an Australian compressed air business with nearly $20 million annual turnover, expanding its product range to 450 kW machines.
Eastman Kodak agreed to sell its Flexographic Packaging Division to private equity firm Montagu for a base price of $340 million, with up to $390 million total including earn-outs and prepayments.
Gardner Denver Holdings has acquired DV Systems Inc., a Barrie, Ontario manufacturer of rotary screw and piston compressors, funded with cash on hand. The price was not disclosed.
Applied Industrial Technologies has acquired Fluid Power Sales, a manufacturer and distributor of fluid power components based in Baldwinsville, New York. Terms of the purchase were not disclosed.
Park Energy Services has completed the acquisition of substantially all assets of Midcon Compression, a division of Chesapeake Energy, including a facility in Hinton, Oklahoma and a gas compressor fleet. The deal lifts Park's compression fleet to over 150,000 horsepower.
Danfoss acquired the majority of Artemis Intelligent Power, an Edinburgh hydraulic R&D firm, to gain its Digital Displacement technology. Artemis will become a joint venture with Mitsubishi Heavy Industries, with Danfoss as majority shareholder.
Wajax Corporation has acquired all shares of Montréal-based Groupe Delom Inc., a maintenance and repair provider for electromechanical and rotating equipment, for a purchase price of $51.8 million with $2.0 million contingent on performance targets. Delom has six branches in Eastern Canada.
Calgary-based 24/7 Compression Ltd. and Belair Power & Production Equipment Inc. announced a completed merger, combining natural gas compression service and power generation packaged equipment businesses. The merger was announced on October 10, 2018.
Motion Industries, a subsidiary of Genuine Parts Company, has acquired Hydraulic Supply Company, a full-service hydraulic, pneumatic and industrial products distributor, with the transaction completed on October 1, 2018.
Fluid Flow has agreed to acquire Hygeniks, Inc., a Massachusetts-based manufacturer and distributor of value-added components and systems for hygienic processes, to expand its process control offerings for life sciences.
Krones Inc. acquired W.M. Sprinkman Corp., a Waukesha, Wisconsin maker of food and beverage processing equipment with 125 employees, for an undisclosed price. The deal closed on October 2, 2018.
Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.
URACA GmbH & Co. KG acquired DYNAJET GmbH of Nürtingen on 24 September 2018. DYNAJET will remain a standalone brand and keep its development and production at Nürtingen.
Japanese compressor maker Anest Iwata has acquired a 51% stake in Shanghai Screw Compressor, known as SCR Comp, to fund new products such as high-speed turbo machines and quality control improvements.
Blue Wolf Capital portfolio companies Pearl Technologies and TGW Holdings merged to form Edge Industrial Technologies, a machine knife, blade and packaging manufacturer headquartered in Wilder, Kentucky, with plants in England, the US and India.
Atlas Copco has bought Reno A/S, a Danish maker of compressed air compressors and high-pressure cleaners with 60 employees and offices in Denmark. The deal strengthens its service network in the region.
An investment holding company managed by GFEP Family Equity acquired the majority of ETT Verpackungstechnik GmbH and ETT Service GmbH in a succession deal. ETT, based in Moringen, Lower Saxony, makes end-of-line packaging systems, and the existing management will continue.
Kyoto Seisakusho acquired PMI Cartoning in December 2017, and the two packaging equipment makers began operating as PMI KYOTO Packaging Systems in July 2018.
Bucher Hydraulics acquired an 80% majority stake in Wuxi Deli Fluid Technology, a Chinese maker of hydraulic pumps and compact power units, to form a joint venture in Wuxi, Jiangsu Province, subject to Chinese approval. Wuxi Deli generated about US$40.45 million in revenue in 2017.
Elgi Equipments completed the full acquisition of Australian compressor distributor FR Pulford & Son and its subsidiary Advanced Air Compressors, trading as Pulford Air and Gas, for an upfront cash cost of about A$11.04 million. The deal was announced on 2018-08-01.
Indian air-compressor maker ELGi Equipments completed the 100% acquisition of Sydney-based distributor F.R. Pulford & Son (Pulford Air and Gas) for approximately A$15.05 million, entering the Australian market.
Dearing Compressor & Pump Co. completed its acquisition of Pittsburgh-based Kruman Equipment Co., which had been founded in 1936; the Krumans sold the business when they retired.
Partners Group AG, on behalf of its clients, agreed to acquire Megadyne Group from Astorg and other minority shareholders, with the Tadolini family reinvesting. The deal was announced on 2018-07-05.
Japan's Kyoto Seisakusho acquired Chicago-based PMI Cartoning, which became PMI Kyoto Packaging Systems as of July 1, 2018. The deal gives Kyoto Seisakusho a route into the North American market.
Dürr is acquiring 100% of three Babcock & Wilcox subsidiaries (MEGTEC and Universal segments) for an enterprise value of about EUR 110 million, with closing expected in Q3 2018.
Bucher Hydraulics agreed to acquire an 80% stake in Wuxi Deli Fluid Technology, a Chinese hydraulic pump and compact power unit maker, forming a joint venture in Wuxi, Jiangsu. The deal is subject to Chinese government approval.
John Crane closed its acquisition of Seebach, according to a report published on 2018-06-01. No deal value or location was given.
Ingersoll Rand agreed to acquire Shanghai Hanye, an OEM supplier of air treatment products in China, as part of three acquisitions totaling about $35 million in cash.
Chart Industries and Flowserve have finalized their $19 billion merger of equals, combining Chart's cryogenic technologies with Flowserve's flow control systems. The deal closed in February 2026 and is expected to yield $300 million in annual cost synergies.
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
Rotating Machinery Services, a portfolio company of Incline Equity Partners, acquired AC Compressor and CONMEC Engineered Compressors from Baker Hughes, a GE company. The aftermarket turbomachinery services firm gains replacement parts and OEM-style capabilities; the announcement was dated 8 May 2018.
Miba acquired the industrial bearing segment of John Crane Group, which has three plants in the US and one in Germany. The deal gives Miba entry into development and production of industrial bearings.
Kimberly, Wisconsin-based Crane Engineering finalized its acquisition of RD Smith Company, a fluid processing equipment distributor in Eau Claire, Wisconsin. The deal extends Crane's distribution into Minnesota and Iowa.
Woodward Inc. and Rolls-Royce signed an agreement for Woodward to acquire L'Orange GmbH and related operations in Germany, the US and China for an enterprise value of €700 million (US$859 million). L'Orange will be renamed Woodward L'Orange.
French group Diverre, based in Grigny, acquired the shares of BMV, which has about 15 employees and an industrial site in Bouttencourt, to diversify its glassware-industry products.
Calgary-area Sage Energy Corporation and NGC Compression Solutions merged their businesses, effective immediately, to form NEXT Compression Corp. The company makes natural gas compression equipment and is led by CEO Shane Guiltner.
Platinum Equity completed its acquisition of Husky Injection Molding Systems, based in Bolton, Ontario, from Berkshire Partners and OMERS Private Equity for $3.85 billion, announced on 29 March 2018.
Spanish packaging machinery maker Boix Maquinaria agreed on 20 March 2018 to buy the remaining 50% of Boix Europe B.V. from Gremio Vitalis, making it the sole owner of its European distributor. Boix Europe's management stays in place.
Flowtech Fluidpower completed its £10.2m acquisition of Balu Ltd and its subsidiaries Beaumanor and Derek Lane, UK fluid power importers and distributors, funded by a share placing raising £11m. The deal was completed on 20 March 2018.
Max Automation has completed the sale of its subsidiary NSM Packtec GmbH, based in Ahaus, to Chinese company Ningbo Lehui International. NSM Packtec makes filling and packaging machines for dairy and non-alcoholic beverages and employs about 50 people. The closing was reported on 2018-03-14.
China's Ningbo Lehui International Engineering Equipment acquired Ahaus-based NSM Packtec GmbH, effective 9 March 2018, and the company was renamed Finnah Packtec GmbH. The existing product program and management remain unchanged.
Howden completed its acquisition of Compressor Products International, a Houston-based provider of aftermarket components and services for reciprocating compressors. The deal increases Howden's addressable markets by $1 billion. Completed on 23 December 2021.
Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.
Mukwonago-based GS Global Resources acquired Weston-based ADC Custom Products, a maker of roll-over and falling-object protective structures, in a transaction that closed February 23, 2018 for an undisclosed price. ADC was renamed ADC Equipment Innovations and its 35 employees were retained.
Atlas Copco acquired Walker Filtration Ltd, a family-owned British manufacturer of compressed air, gas and vacuum treatment equipment based in northeast England with about 220 employees. The purchase price was not disclosed.
Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.
Curtiss-Wright agreed to acquire the Dresser-Rand Government Business from Siemens Government Technologies for $212.5 million in cash. The business makes high-speed rotating equipment such as reciprocating compressors and steam turbines for the U.S. Navy.
Ohio Transmission Corporation has acquired Compressed Air Systems, LLC, a Lafayette, Louisiana compressed air products and services provider and Quincy Compressor master distributor. The company will operate as a division of Air Technologies.