Nakakita Seisakusho agreed to acquire Ace Valve Co. from Dta Investment Co. on November 26, 2024, with completion expected December 20, 2024. Ace Valve reported KRW 21.4 billion in total revenue for 2023.
SureKap LLC, a portfolio company of LFM Capital and a packaging equipment provider, has acquired Technical Beverage Services, a provider of automated packaging equipment. Terms were not disclosed.
RGF Environmental Group has acquired Southeast Coating & Fabrication, a Florida powder coating company. The acquisition will bring powder coating capabilities in-house at RGF's West Palm Beach facility.
Francks Kylindustri and Therma Industri have acquired Naturlig Kulde, a Norwegian commercial cooling and heat pump systems company based in Heimdal, Trondheim. The acquisition strengthens their position in the Trøndelag region.
Hudson Acquisition I Corp. and Aiways Automobile Europe GmbH have signed a definitive business combination agreement. The transaction values Aiways Europe at $410 million and will result in the combined entity listing on Nasdaq.
Lordan bought 19.9% of Spanish coil company Sereva and established a new company, Lordan Iberian Coils (LIC), in which Lordan holds a majority stake. LIC will focus on Lordan's existing markets.
Manitowoc Tool & Machining (MTM) acquired the assets of Butler Gear. MTM will relocate all equipment from Butler and integrate operations under the GV Machining name, entering the gear-cutting and splining market.
Anlagenbau Sandersleben GmbH, a steel construction components manufacturer, has joined the SHW Storage & Handling Solutions group, becoming part of the SHW Unternehmensgruppe.
Medtronic has bought Fortimedix Surgical, a Dutch developer of flexible articulating instruments for endoscopic and minimally invasive procedures. Financial terms were not disclosed.
Oeno Concept, inventor of automatic riddling for the wine industry, has been integrated into the Univitech Group, a union of four Champagne companies including ACI, Mecamarc, and Mignon Développement Conception.
Swegon Group signed an agreement to acquire HOWATHERM Klimatechnik GmbH, a German manufacturer of modular air handling units based in Brücken, Germany. The acquisition strengthens Swegon's position in the German HVAC market.
Vysarn Limited completed the all-cash acquisition of Waste Water Services Pty Ltd for $7.5 million, adding manufacturing capabilities for industrial wastewater systems and modular sewage treatment plants.
IK Partners, through its IK X Fund, has signed an agreement to acquire Driescher GmbH, a German manufacturer of medium and low voltage switches and switchgears. Financial terms were not disclosed.
AngloGold Ashanti completed its acquisition of Centamin plc via a scheme of arrangement, with Centamin shareholders receiving US$0.125 cash and 0.06983 AngloGold Ashanti shares per Centamin share.
Castle Holdings, an investment group, completed the acquisition of SeQent, a provider of industrial automation software. Financial terms were not disclosed.
Master Freios, a joint venture of Randoncorp and Cummins, agreed to acquire European Braking Systems Ltd, a UK supplier of air brake parts, for approximately GBP 56 million. The transaction is subject to regulatory approval.
Applied Industrial Technologies signed a definitive agreement to acquire Hydradyne, LLC, a Dallas-based fluid power distributor with about 500 staff and 33 locations in the Southeastern U.S. Applied expects roughly $260 million in sales and $30 million in EBITDA from the deal.
Paramount Mechanical Corporation, a Stonebridge Partners portfolio company, acquired Math Mechanical, an HVAC, plumbing and pipe services provider in Portsmouth, Virginia, on November 21, 2024.
On 21 November 2024, Greenchemicals Srl acquired Polichem Srl, a developer of additives for engineered thermoplastic polymers. The acquisition expands Greenchemicals' portfolio in sustainable polymer additives.
Mississippi Lime Company has offered to acquire 100% of Chilean cement company Cementos Bío Bío for nearly US$400 million. Shareholders are negotiating the sale after a due diligence process authorized in May 2024.
Acerinox, through its U.S. subsidiary North American Stainless, completed the acquisition of Haynes International, a U.S. manufacturer of high-performance alloys. Acerinox will invest approximately $200 million over four years in the combined U.S. business.
Modern Dental Asia Pacific Limited, a subsidiary of Modern Dental, agreed to acquire 74% of Hexa Ceram Company Limited, a Thai dental laboratory, for a total of 936 million Thai Baht.
Grupo Celsa has agreed to sell 100% of its subsidiaries in the UK and Nordics to Czech investment group Sev.en Global Investments. The deal is part of Celsa's restructuring plan.
Brazilian steelmaker Gerdau has signed a deal to buy the 39.53% stake owned by Sumitomo Corporation and the 1.74% stake from Japan Steel Works in Gerdau Summit for a total of $32.6 million.
PillarFour Capital Partners announced an investment, including acquisition of shares, in Contact Chemicals Inc., a specialty oilfield production chemical supplier headquartered in Wetaskiwin, Alberta.
AB Svenskt Konstsilke (SKS) purchased assets from Mehler EP's 153,500-square-foot plant in Martinsville, Virginia, including dipping lines and twisting machines, to add 3,000 tonnes annual capacity for single-end cord.
CVC DIF, through two transactions, acquired JW Water Holdings and a portfolio of eight regulated water and wastewater utilities from Robson Communities in Arizona, creating a platform serving over 50,000 customers.
United Flow Technologies acquired The TDH Company, effective October 25, 2024. TDH specializes in sales and marketing for the municipal water and wastewater market in Georgia, Alabama, Eastern Tennessee, and the Florida Panhandle, expanding UFT's footprint in the Southeastern United States.
Cogent, Inc. announced the acquisition of Central States Group, an industrial equipment distributor based in Omaha, Nebraska with operations in Cedar Rapids, Marshall and Madison. The deal strengthens Cogent's presence in the Midwest in pumps, pipe, valves and fittings.
Ferrum Packaging AG and KHS GmbH are taking over H. F. Meyer Maschinenbau GmbH & Co. KG, a can-seaming and canning technology maker in Neustadt in Holstein, effective 1 January 2025. H. F. Meyer will remain an independent company within the group.
Smile Innovations Group acquired Tech-Alliage Inc., a dental laboratory based in Laval, Quebec. Tech-Alliage will operate independently within Smile Innovations' network.
Votorantim Cimentos and CDPQ completed the transaction to combine their North American cement operations, with St. Marys Cement and McInnis Cement jointly manufacturing, distributing and selling cement in Canada and the United States. Votorantim Cimentos holds 83% and CDPQ holds 17% of the combined entity.
Sheco Group, a Midlands-based group, has acquired AFR Refrigeration, a long-established independent importer and wholesaler of refrigeration products. The acquisition was announced on 20 November 2024.
SDL Atlas, a textile testing instruments provider, announced the acquisition of Mullen Testers, manufacturer of the Mullen Burst Tester. Mullen Testers will operate as a division of SDL, with manufacturing moving to Rock Hill, S.C.
IIN Group Oy, a supplier of automated modular production automation systems, acquired a majority of shares in Professional Mechanics Finland Oy (Promec), a manufacturing equipment design and fabrication company. Both companies are headquartered in Finland.
HeyTex USA Inc., a Bondcote engineered fabrics producer in Pulaski, Virginia, was purchased by XFS Global LLC and renamed BondCote Performance Textiles LLC, operating as a separate company under XFS Global leadership.
Freudenberg Performance Materials acquired the core business of the Heytex Group, including three production locations and headquarters-related functions, from private equity investor Bencis Capital Partners. The acquired assets employ 400 associates and generated approximately €100 million in 2023.
SYCLEF, a leader in industrial refrigeration and air conditioning, acquired CLIMASET, a climate engineering group with €13 million revenue and 64 employees, to strengthen its presence in the market.
Berlin Packaging has entered a definitive agreement to acquire Rixius AG, a German rigid packaging supplier serving DACH and Benelux, with closing expected in Q4. Private equity firm BWK will exit its stake.
Walker Manufacturing has acquired Danfoss's Light Duty product line, including Model 7 and Model 11 hydrostatic variable displacement pumps and transmissions, moving production to its Fort Collins, Colorado facility.
The international Macopharma group GMPi acquired German company Lmb Technologie, a provider of blood sector equipment. The acquisition aims to strengthen Macopharma's range of blood component processing solutions and expand its market presence in Europe, America, and the Middle East.
Trivest Partners completed the sale of its portfolio company Total PowerGen Solutions to Audax Private Equity. Total Power is a provider of commercial and industrial power generation solutions in Canada, operating 17 facilities. Terms were not disclosed.
Starlinger & Co Gesellschaft m.b.H. has taken over the woven packaging division from Windmöller & Hölscher, including its Viennese subsidiary W&H Machinery GmbH.
AeroVironment will acquire BlueHalo in an all-stock transaction valued at approximately $4.1 billion, creating a diversified defense technology company.
Marinomed Biotech AG signed an agreement to sell its Carragelose business to Unither Pharmaceuticals for up to EUR 20 million, including upfront and milestone payments, subject to regulatory and shareholder approvals.
Autoneum signed an agreement to acquire 70% of Jiangsu Huanyu Group, a Chinese automotive supplier of acoustic and thermal management components, for about CHF 75 million. The transaction is expected to close in March 2025.
Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine in an all-stock merger with approximately 50/50 ownership. The transaction includes equity raisings totaling about $99 million.
Direct Capital completed an investment in Active Refrigeration Group, New Zealand's market leader in refrigeration and HVAC services. The investment is from Direct Capital VI fund.
Gaon Cable announced it has secured a 100% stake in LSCUS, a distribution cable manufacturer in Tarboro, North Carolina, by acquiring the 82% stake held by LS Cable & System.
Yama Saha of Sahalift has acquired Aichi's long term European importer Aichi Sales Office and its affiliate ASO Parts.