The Salcido Connection, Inc. purchased A&C Mechanical from the Hannas family. A&C Mechanical provides heating, air conditioning, and boiler services in Washington state.
Ventoux Industrial Holdings acquired EverFab, Inc. and Advanced Nozzle Technology, LLC to enhance group capabilities and expand capacity.
Hitachi Construction Machinery subsidiary H-E Parts International has agreed to acquire Brake Supply's mining machinery component remanufacturing business, expected to close in early December 2024.
INX Group Limited, a subsidiary of Sakata INX, completed the acquisition of Coatings & Adhesives Corporation (C&A), a specialty coatings company. The new entity will operate as INX International Coatings and Adhesives.
Mubadala Investment Company has acquired a 49 percent stake in the oil country tubular goods (OCTG) business of Spanish industrial solutions firm Tubacex for $200 million. The investment will boost production of corrosion-resistant alloy tubular solutions for gas exploration.
Profound Partners A/S has acquired 33 percent of the shares in AM Tooling A/S, a Danish supplier of production tools and complete production lines. Profound Partners will also gain a seat on the board of directors.
Axel Johnson Inc. announced on November 1, 2024, that it has acquired La Fântâna S.R.L., a water solution provider in Romania and Serbia, from Oresa Ventures. La Fântâna will become part of AJI's Kinetico Inc.
Fibergrate Structures, a global manufacturer of alternative building materials, has acquired TMP Convert of Simandre-sur-Suran, France, a manufacturer of outdoor design and landscape products. The acquisition was announced on November 1, 2024.
DMG Mori announced a tender offer to acquire all remaining shares of its listed subsidiary Taiyo Koki, a grinding machine manufacturer, at ¥1,700 per share. The decision was made on November 1, 2024.
ARDEX has acquired the factory of COMPOSITES EN PINTURAS MODERNAS S.L. in Sentmenat, Barcelona, to expand its production capacity for resins, paints, varnishes, coatings and fillers. The announcement was made in November 2024.
User Friendly Home Services acquired Len’s Refrigeration, Heating & Air Conditioning in North Royalton, Ohio, expanding its HVAC service network to 15 locations.
AUNDE Achter & Ebels GmbH completed its capital investment in TB Kawashima Co., Ltd., acquiring an 80% stake. The company has been renamed AUNDE Boshoku Co., Ltd. effective November 1, 2024.
Fortum has signed an agreement to sell its turbine and generator services business to Elcoline Group Oy. The transaction is expected to close in Q4 2024.
Hazen and Sawyer has acquired WaterSMART Solutions Ltd., a water management solutions firm based in Alberta, Canada, to expand operations in North America and globally.
Standard Motor Products, Inc. has completed the acquisition of Nissens Automotive, a European manufacturer and distributor of aftermarket engine cooling and air conditioning products, for approximately $390 million.
Relevant Industrial, LLC has acquired Control Specialists, LLC, a provider of process instrumentation and control systems based in Evansville, Indiana, effective November 6, 2024.
Amcor agreed to combine with Berry Global in an all-stock merger in which Berry shareholders receive 7.25 Amcor shares per share, creating a combined company with an enterprise value of about $37 billion. Closing is targeted for mid-2025.
Saica Groupe acquired all of Schumacher Packaging's operations in Poland, including two corrugated board plants in Bydgoszcz and Wroclaw, two paper mills in Grudziadz and Myszków, and three service centres, effective 31 October 2024 after anti-trust approval.
The majority shareholder of Fehr Lagerlogistik AG acquired Italy-based Matter srl, both companies providing automated storage and material handling systems for intralogistics. The acquisition was finalized on October 31, 2024.
Colson Group, through its retail subsidiary Shepherd Hardware, acquired Forearm Forklift, a manufacturer of lifting straps. The acquisition broadens Shepherd Hardware's material handling product offerings.
RPM International Inc. has acquired TMP Convert (TMPC), a France-based company that produces decking and landscaping products under the Jouplast brand, sold primarily to professional and DIY end users in Europe.
HEXPOL has signed an agreement to acquire 80% of the shares in Piedmont Resin Supply LLC, a US nylon compounder, for $86 million on a cash and debt free basis. The closing took place on October 31, 2024.
Onto Innovation Inc. acquired Lumina Instruments Inc., a laser scattering technology company, and the lithography business from Kulicke and Soffa Industries Inc., including 24 issued patents. The acquisitions are expected to generate up to $100 million in annual revenue within three years.
Gordon Technologies LLC, an Enersol company, has acquired Vertex Downhole Trading LLC, the Eastern Hemisphere business of Vertex Downhole Technologies Inc. The deal includes intellectual property rights for Winc, Winc+, and Mudlink technologies.
Vermeer Corporation has acquired the rights to develop, manufacture and distribute Normag's fully electric horizontal directional drill rigs, generator sets and fluid management systems. The technology will be moved to Vermeer's EMEA headquarters in Goes, Netherlands.
Merck KGaA's Electronics business completed the acquisition of Unity-SC, a provider of metrology and inspection instrumentation, for €155 million plus milestone payments. The deal strengthens Merck's optronics offering for the semiconductor industry.
IMI plc acquired TWTG Group B.V., a leader in smart connected asset monitoring solutions for process industries based in Rotterdam, Netherlands, for €25 million in cash. TWTG will become part of IMI's Process Automation sector.
Ardian, through its Ardian Semiconductor platform, completed the acquisition of Ion Beam Services (IBS), a French semiconductor equipment and services company specializing in ion implantation. The acquisition provides growth financing and supports a management transition.
Vanderlande signed an agreement to acquire Siemens Logistics from Siemens. The acquisition has board approval from Vanderlande, Toyota Industries, and Siemens.
ZAPI GROUP, a global leader in electrification, acquired UBIQUICOM, a leader in Real-Time Locating Systems (RTLS) for manufacturing, transportation and logistics. The acquisition bolsters ZAPI GROUP's capabilities in material handling automation and systems integration for OEMs.
HD Hyundai Oilbank signed a share acquisition agreement with Japan's Cosmo Oil to acquire all shares of HD Hyundai Cosmo, a joint venture producing aromatic petrochemicals. The acquisition will be followed by an absorption merger, removing restrictions on production and enabling high-margin products. An MOU for future cooperation in SAF, circular naphtha, and CCUS was also signed.
Hunan SUND Technological, a Chinese bearing supplier, signed a letter of intent to acquire 100% of German ultra-precision spindle maker Levicron for at least EUR 8.5 million (USD 9.2 million). The deal aims to expand SUND's product portfolio into oil-free bearings and air-bearing spindles and enhance its overseas presence.
Jet Investment has finalized the sale of TEDOM, an energy-engineering group, to the global Yanmar Group. The transaction is one of the largest M&A deals in the Czech market this year, with Jet Investment achieving a nearly sevenfold return on its original investment.
Singer Industrial teamed up with Fluid Tech Hydraulics, a Sacramento-based hydraulic distributor and service provider, which will operate within Singer's Fluid Power Division. The deal increases Singer's footprint to more than 120 locations.
Ball Corporation announced on October 31, 2024 that it acquired Alucan, a European extruded aluminum aerosol and bottle producer, adding plants in Llinars del Vallés (Barcelona), Spain and Lummen, Belgium.
Amcor agreed to sell its 50% interest in the Bericap North America closures joint venture to Bericap for $122 million, with closing expected by December 31, 2024. Proceeds will reduce debt.
Momentive has acquired Sibelco's spherical alumina and spherical silica businesses, adding new spherical powders to its product mix for growth opportunities in the EV market.
StarCharge and Schneider Electric signed a joint venture agreement to deliver EV charging infrastructure, photovoltaic inverters, and storage systems to the European market. The JV will create a prosumer company combining StarCharge's technology and Schneider's market presence.
Koyo Engineering Co., Ltd. announced it has acquired Tachibana Seiki Co., Ltd. from Muto Seiko Co., Ltd. and entered into a capital and business alliance as of October 29, 2024.
Siemens signed an agreement to acquire Altair Engineering Inc., a leader in computational science and AI software, for $113 per share, representing an enterprise value of approximately $10 billion.
UNITED GRINDING Group has signed an agreement to acquire GF Machining Solutions Division from Georg Fischer AG for between CHF 630 and 650 million. The transaction is expected to close in Q1/Q2 2025, subject to regulatory approvals.
IGI Private Equity, with support from Crédit Agricole Italia and Banca Ifis, will acquire a majority stake in Meter S.p.A., an Italian manufacturer of custom ball and roller bearings for special applications. The Musso family will retain 40% of the capital and continue to lead the company.
Fluiconnecto UK Ltd, part of the Manuli Ryco group, announced the acquisition of GB Hoses Limited, a UK provider of 24/7 emergency mobile hose replacement and a trade counter in Greater Manchester. The announcement was made on 30 October 2024.
French firefighting equipment maker Leader Group announced a merger with C.E.T. Group, a Pierreville, Quebec manufacturer of portable fire pumps and foam systems. The deal, announced 30 October 2024, strengthens Leader's international position.
Cementos Progreso Holdings, S.L. signed an agreement to acquire 100% of Cemex's operations in the Dominican Republic and its export business to Haiti. The acquisition includes a cement plant with two integrated production lines, ready-mix and aggregates assets, and marine terminals.
The technology group Insta has purchased the entire share capital of PLC-Automation Oy, an engineering and service company in Oulu, Finland. The acquisition enhances Insta's ability to serve industrial customers in Northern Finland with electrical automation and digitalization services.
Mill Point Capital LLC announced the formation of Voltaris Power LLC, created by acquiring two entities: Pioneer Custom Electrical Products and Jefferson Electric. Voltaris will focus on custom engineered electrical power solutions.
SKF has signed an agreement to divest its ring and seal operation in Hanover, Pennsylvania, USA, to Carco PRP Group through its US aerospace subsidiary PCTI, for a total enterprise value of USD 220 million. The divestment is expected to close during the first quarter of 2025.
CECO Environmental has agreed to acquire Profire Energy, a provider of burner management and combustion control systems, in an all-cash transaction valued at $125 million.
Rubicon has bought a majority stake in Jacopa, a water and wastewater treatment business.