Canopy Brands has acquired Spanish lifting equipment manufacturer Alba-Macrel Group (Alba).
J de Jonge Group acquired a majority stake in Dutch screw spindle pump maker Holland Legacy Pump Group, which will be rebranded as J de Jonge | HLP within its Specialties division.
GE Vernova has signed a definitive agreement to acquire Woodward, Inc.'s heavy duty gas turbine combustion parts business based in Greenville, South Carolina. The transaction is expected to close in early 2025; financial terms were not disclosed.
Towlift announced the rebranding of FMH Material Handling Solutions and Intermountain Lift Truck, which were acquired in 2022, to operate under the Towlift name, expanding its presence across the Western United States.
Jones Family of Companies and ECO Fiber Inc. formed a joint venture to create ECO Fiber Packaging, a sustainable cold chain packaging company. As part of the deal, Jones Family of Companies acquired the textile assets of ECO Fiber Inc.
Spirit AeroSystems has agreed to sell its Fiber Materials, Inc. (FMI) business, based in Biddeford, Maine and Woonsocket, Rhode Island, to Tex-Tech Industries for $165 million in cash. FMI produces high-temperature materials and reinforced composites for defense and space applications.
Atlanta-based packaging supply chain firm Coregistics, a Red Arts Capital portfolio company, acquired contract packager Belvika Trade & Packaging, which operates from Mississauga, Ontario. No financial terms were disclosed.
Haier Smart Home completed the acquisition of Carrier Global's commercial refrigeration business for an enterprise value of approximately $7.75 billion. The deal includes Carrier's commercial refrigeration, Profroid, Celsior, and Green&Cool brands, and related technology including CO2 refrigeration.
Oman Flour Mills (OFM) is pursuing mergers and acquisitions of food-related businesses in Oman and the Gulf, including a large industrial bakery (unnamed) and a major feed mill. The transactions are expected to be completed by mid-2025.
TTS Group acquired AUDECE, a company specialized in industrial automation and custom machinery, effective November 15, 2024.
HECO, Inc. acquired Warwood Armature Repair Company and its sales division WARCO Sales Inc., based in Wheeling, West Virginia, effective November 15, 2024. The acquisition adds electric motor repair, sales, and gearbox repair capabilities for the coal, steel, shale, and industrial sectors.
John Cockerill signed a definitive agreement to sell its Balteau business, a water treatment specialist based in Sprimont, Belgium, to the Wanty Group on 15 November 2024.
SoftBank Group Corp. will acquire Ampere Computing, a silicon design company, in an all-cash transaction valued at $6.5 billion. Ampere will operate as a wholly owned subsidiary of SoftBank Group.
A joint venture between NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power, with a bid of about $650 million. Ayana operates solar and wind plants producing 1,600 MW.
Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite, will acquire Trinseo's polycarbonate assets in Stade, Germany, including a technology license, for Rs 5000 Crore. The acquisition supports a new greenfield polycarbonate resin plant in Dahej, India.
Aluminium du Maroc announced the merger-absorption of its subsidiary Industube, increasing aluminum profile production capacity by 35% to 27,000 tons per year and powder coating capacity by 50% to 21,000 tons per year.
Myant Corp. announced the acquisition of Nanoleq and Osmotex, two Swiss textile computing companies, to expand its advanced materials and healthcare portfolio.
Novapet, part of the SAMCA Group, announced the acquisition of PET packaging maker ENSO from GED Capital. The deal creates a vertically integrated group with five production plants in Spain and Portugal, with projected annual turnover above 400 million euros.
Hiab owner Cargotec has sold the MacGregor crane and marine hatch manufacturing business to Triton Partners.
Cargotec has agreed to sell its MacGregor offshore crane and deck handling equipment division to European specialist investor Triton for €480 million. The transaction is expected to close by July 1, 2025, and will allow Cargotec to focus on its Hiab loader crane business.
Molex announced an agreement to purchase AirBorn, a manufacturer of rugged connectors and electronic components for aerospace, defense, and other markets. The acquisition is expected to close by early December 2024.
Tanzania's AMSONS Group received regulatory approval from the COMESA Competition Commission for its proposed acquisition of up to 100% of Bamburi Cement for $180 million (KES23.3 billion). The commission determined the merger does not pose a competition risk.
Kempf Gruppe acquired a majority stake in KeyBAKE Bakeware & Coatings B.V. from founders Linda Troisfontaine and Joop Kornelis. The transaction aims to strengthen both companies' positions in the international bakeware and coatings market, with significant investments planned at the Dutch production site.
Dabico Airport Solutions acquired Hitzinger's Airport Division, adding 28VDC power systems and 400 Hz electric and diesel ground power units to its portfolio of airport ground control equipment.
TransAlta Corporation entered an amending agreement to acquire Heartland Generation from Energy Capital Partners for approximately $542 million, including assumption of $232 million debt. The deal adds 1,747 MW of capacity in Alberta and includes required divestitures of Poplar Hill and Rainbow Lake assets.
Argos Wityu acquired German B2B laundry group Lavatio from Ufenau Capital Partners. Financial terms were not disclosed.
ABB completed its acquisition of Gamesa Electric's power electronics business in Spain from Siemens Gamesa. The business reported annual revenues of approximately €145 million. Financial terms were not disclosed.
Trinseo has agreed to license its polycarbonate process technology and sell production assets in Stade, Germany to Deepak Nitrite for $52.5 million. The assets will be relocated to India.
BE Semiconductor (Besi) will acquire all shares of Datacon Technology to form a leading advanced IC packaging system supplier. The purchase price is just below three-figure million euros, with 90% cash and shares. The merger is expected in January 2025.
Bel Fuse Inc. closed its previously announced majority stake acquisition of Enercon Technologies Ltd. from Fortissimo Capital, acquiring an 80% stake for $320 million (subject to adjustments) based on an enterprise value of $400 million, with intent to purchase the remaining 20% by early 2027.
ZEEKR Intelligent Technology Holding Limited announced strategic integration transactions with Geely entities, including acquiring a 20% interest in LYNK & CO from Geely Holding for RMB 3.6 billion and a 30% interest from VCI for RMB 5.4 billion, plus accrued interest.
Coregistics, a Red Arts Capital portfolio company, has acquired Belvika Trade & Packaging, a food and beverage contract packager, making Coregistics the largest pure-play contract packaging company in North America.
A consortium of Mavco Investments and Avenue Capital Group has signed an agreement to acquire all shares of German specialty chemicals firm Hubergroup from Cornelius Treuhand Holding for $310 million. The transaction is subject to regulatory approvals.
Hitech Corporation received board approval to acquire up to 100% of Thriarr Polymers for up to Rs 30 crore. The acquisition will add new product lines and enhance international presence, expected to complete within 3 months.
Private equity group ZMC has acquired Pure Wafer, America's largest supplier of silicon solutions and services, including its six businesses. The acquisition will support capacity expansion and investment.
Trinseo has entered into agreements to supply a polycarbonate technology license and all proprietary polycarbonate production equipment from its Stade, Germany facility to Deepak Chem Tech, a subsidiary of Deepak Nitrite, for use in India. The total value is $52.5 million.
Mengtai Group, through its wholly-owned subsidiary Mengtai Germany GmbH, has completed the acquisition of Alu Menziken Extrusion AG, a Swiss aluminum lightweight components manufacturer. The deal strengthens Mengtai's position in the European aluminum market.
Dentressangle Capital has completed the acquisition of Presto Engineering, a European ASIC design and production specialist. Garibaldi Participations joined as a minority co-investor.
Ewald Kubota has announced a partnership venture with Lansdowne-Moody, a 9-store Kubota equipment dealership serving the Houston area. The transaction is expected to close in December 2024.
Transformers & Rectifiers India has signed a term sheet on November 12, 2024, to acquire a controlling stake in Posco Poggenamp Electrical Steel, a manufacturer of CRGO laminations and built-up cores for transformers.
Otsuka Pharmaceutical Factory America (OPFA) will acquire a 60% stake in a new IV solution company formed with ICU Medical, which will transfer its IV solution business to the new entity. The agreement was signed on November 12, 2024, and operations are expected to begin in early Q2 2025.
Ram Ratna Wires Limited agreed to acquire a 60% stake in Tefabo Product Private Limited from Mahendra Kumar Kabra, Sumeet Mahendrakumar Kabra, MSH Ventures LLP and other unrelated parties for INR 300 million in cash. The transaction was completed on November 13, 2024.
NEUMAN & ESSER signed a contract on November 13, 2024 to take over EVB Technik GmbH, an electrical and automation solutions firm in Velbert and Garbsen, effective January 1, 2025.
Russel Metals Inc. announced it has entered into an agreement to acquire Tampa Bay Steel Corporation for US$79.5 million, including working capital, buildings, equipment, and real estate. The acquisition extends Russel Metals' footprint into the Florida market.
Nihon Kohden announced the acquisition of a 71.4% stake in NeuroAdvanced Corp., the parent company of Ad-Tech Medical Instrument Corporation, a provider of specialized electrodes for epilepsy treatment and neurodiagnostic procedures. The deal strengthens Nihon Kohden's position in neurological diagnostics.
Fidelity Building Services Group acquired Tropic-Kool, a commercial HVAC/Mechanical services contractor headquartered in Largo, Florida. The acquisition strengthens Fidelity's presence in the Southeastern United States.
Bodo Möller Chemie Group has entered exclusive discussions to acquire Rocktin's distribution activities in Asia, aiming to strengthen its specialty chemical distribution in the APAC region.
Windsor Machines has entered into a share purchase agreement to acquire 100% stake in Global CNC, a manufacturer of CNC machines, for a total consideration of Rs 343.11 crore.
Suncore, a subsidiary of Clyde Companies, has acquired M.A. Concrete Construction, Inc., expanding its operations in western Colorado.
The Jordon Group, a family-run Manchester air conditioning and refrigeration firm, has merged with national property and facilities management group Bellrock Group. The Jordon Group employs 120 people with revenues of £40m.