Jasmino Corporation announced the acquisition of two German companies, HAW Lining and GBT Buecolit, for an undisclosed amount. The acquisitions position Jasmino as the world's 3rd largest provider of heavy-duty industrial anti-corrosion lining solutions.
Nxu, Inc. has entered into a merger agreement to acquire all outstanding shares of Verde Bioresins, Inc. in an all-stock transaction. The combined company will be renamed Verde Bioresins, Corp. and list on Nasdaq under the ticker VRDE.
DOM S.r.l., an Italian gas and steam turbine blade manufacturer, has acquired the entire share capital of C Blade S.p.A. Forging & Manufacturing from SIFCO Irish Holdings Limited, a subsidiary of SIFCO Industries. The combined entity has a revenue of approximately €40 million.
KEBA acquired EnerCharge, an Austrian DC charging solutions manufacturer that had filed for insolvency. The acquisition adds DC charging stations (40-480 kW) to KEBA's portfolio, making it a full-range supplier for EV charging infrastructure.
Portland Tractor Inc. (PTI) acquired Ohio Valley Parts & Equipment (OVPE) and rebranded it as PTI Kentucky, combining their inventories of used, rebuilt, and aftermarket parts for mining and construction equipment.
Sunbelt Solomon Services acquired Struthers Technical Solutions, an electrical engineering consulting firm based in British Columbia, Canada, to expand its field services and presence in Canada.
Artinis Medical Systems B.V. acquired Twente Medical Systems International (TMSi) B.V., combining expertise in optical measurements and electrophysiological signals to develop advanced solutions for medical and scientific markets.
Flag Ship Acquisition Corporation, a SPAC, signed a definitive merger agreement with Great Rich Technologies Limited (GRT) and GRT Merger Star Limited. Upon completion, Flag Ship shareholders will receive ADSs of GRT, and Flag Ship will merge into a GRT subsidiary, with GRT ADSs to be listed on Nasdaq.
Northvale Capital Partners Pte Ltd, part of the promoter group, disclosed acquisition of 1,062,600 shares (36.88%) and additional PAC holdings of 730,800 shares (25.36%) of Integra Switchgear Ltd.
Doosan Bobcat announced the rebranding of its subsidiary Mottrol as 'Doosan Mottrol' to enhance vertical integration. Mottrol specializes in hydraulic components and is developing E-Drive technology for equipment electrification. Doosan Bobcat aims to double Doosan Mottrol's sales in five years.
APPLIED Adhesives, a custom adhesive solutions provider, completed its acquisition of AutomationSupply365.
Simumatik signed a definitive agreement to be acquired by Virtualware, a European provider of XR technologies and real-time 3D enterprise solutions. The acquisition aims to enhance emulation and digital twin capabilities.
Anglo Irish lifting gear company WH Scott & Son Engineers has acquired UK-based lifting gear supplier and testing company RHC Lifting.
Firan Technology Group Corporation entered into an agreement to acquire all shares of FLYHT Aerospace Solutions Ltd. The consideration implies a price of CAD 0.3379 per share, a 41% premium, with a total maximum cash consideration of CAD 4.3 million and 1.3 million FTG shares.
Metso is acquiring Jindex Pty Ltd, a privately owned Australian maker of valves and process flow control equipment, to strengthen its slurry handling offering for the mining industry.
Japan's Tsurumi Manufacturing has acquired the entire share capital of Zenit International SpA, holding company of Italian wastewater treatment plant producer Zenit Group, based in San Cesario sul Panaro near Modena. Zenit had a 2023 consolidated turnover of over EUR 40 million.
Flacks Group has acquired Artemyn, a division previously owned by Imerys, which has 1,000 employees across 24 plants and the world's largest kaolin operation in Brazil. Flacks' pump maker Pleuger Industries will collaborate with Artemyn on mining products.
Workdry International, parent of Selwood, Siltbuster and Vanderkamp, has acquired Florida-based Holland Pump Company, a water handling and pump rental provider, to expand into North America. The deal gives Workdry a presence on the US East and Gulf Coasts.
Wright Block & Precast, a producer of block, brick, manufactured stone, and precast concrete, acquired the assets of American Block and Eastern Vault near Princeton, West Virginia, strengthening its position in the central Appalachian region.
Jsquare Electrical Steel Nashik, a 50:50 joint venture between JSW Steel and JFE Steel, will fully acquire Thyssenkrupp Electrical Steel India for ₹4,051.40 crore. The deal includes licensing or transfer of technology from Thyssenkrupp. TKES India manufactures grain-oriented electrical steel at its Nashik facility.
3P – Performance Plastics Products announced the acquisition of ICM Industrie group, which has 6 production sites in France and 160 employees. The acquisition aims to surpass €100 million in turnover and strengthens 3P's presence in precision machining of thermoplastics and thermoforming.
LB Semicon announced it will absorb and merge LB Lusem to strengthen competitiveness by building an integrated post-process service portfolio. LB Semicon will be the surviving company, and LB Lusem will be dissolved.
PTC Industries entered into a Share Purchase Agreement on October 18, 2024, to acquire 100% shareholding of UK-based Trac Precision Solutions, a precision-engineered components supplier for aviation, defense, and power generation markets. The acquisition is subject to UK National Security and Investment Act approval.
Master Freios, a joint venture of Randoncorp and Cummins Group, is acquiring control of UK-based EBS Group, a leader in commercial vehicle brake systems, for approximately £56 million. The deal aims to expand Master Freios' aftermarket presence in Europe and Asia.
Impact Climate Technologies has formed a strategic partnership with Central States HVAC Solutions, including Fontanesi & Kann Company, Architectural Building Components, and Bio-Grid. The partnership expands ICT's portfolio to 22 locations.
LyondellBasell has become full owner of APK AG in Merseburg, Germany, a solvent-based recycling technology company. The acquisition aims to increase recycling of hard-to-recycle flexible plastic waste.
Veidekke has agreed to buy 46% of the shares in ESAM Møre AS, which is establishing Alvika Miljøpark, a facility for receiving, treating and selling surplus masses from construction activity in the Ålesund region.
Konecranes will acquire Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV to strengthen its Port Solutions business. The acquisition requires approval from the Dutch competition authority and is expected to close in Q4 2024.
Bharat Forge Limited has signed a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited, a subsidiary of American Axle and Manufacturing, for an enterprise value of ₹5,445.30 million. The acquisition includes the commercial vehicle axle business in Pune and Chennai, along with the Pune Engineering and Development Centre.
The fischer Group of Companies has fully acquired the Viennese start-up BauBot GmbH, which specializes in construction robotics. BauBot had been majority-owned by fischer since 2022.
Shanghai Electric's subsidiary Shanghai Electric Automation Group will acquire 100% of Ningsheng Industrial from Shanghai Electric Holdings for 3.082 billion yuan. Ningsheng holds stakes in Shanghai Fanuc Robotics, an industrial robot joint venture with FANUC.
CMTP, a leading Australian pallet manufacturer, has announced the acquisition of Palletmasters in Queensland, effective from 1 November 2024, to expand its footprint and production capabilities.
Master Europe Automotive Systems Limited, an indirect subsidiary of Randoncorp, has signed an agreement to acquire 100% of EBS Aftermarket Group Limited, a distributor of braking systems and auto parts for commercial vehicles in Europe, for £56 million.
Hahn-Mason, a provider of HVAC solutions, has been acquired by Air Control Concepts and will merge with Insight Partners and Faulkner-Haynes to create a larger HVAC entity in the Carolinas.
Newrizon has signed a contract to acquire the nano business division of Namyang Nonwoven, gaining 100nm-level electrospinning technology and related equipment to expand high-performance filter material production.
Flex has entered into a definitive agreement to acquire Crown Technical Systems, a leader in power distribution and protection systems, for $325 million in an all-cash transaction.
Elisa is acquiring sedApta Group, an international manufacturing software business headquartered in Italy. The acquisition follows Elisa's strategy to grow digital services internationally and is expected to be finalised within a few weeks.
Aperam signed a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. for $45.00 per share in an all-cash transaction, valuing the company at an enterprise value of approximately $539 million. The acquisition is expected to close in H1 2025.
Mycronic AB acquired Modus high-tech electronics GmbH, a German developer of optical scanner systems for industrial use, including automatic optical inspection systems for electronic components. The acquisition strengthens Mycronic's market position by expanding its product portfolio along the value chain.
PPG reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada to American Industrial Partners for $550 million. The transaction is expected to close in late 2024 or early 2025.
Schneider Electric announced the acquisition of Motivair Corporation, a provider of advanced liquid cooling solutions for data centers. The deal was announced on October 17, 2024.
Quebec family office Atwater Capital has acquired RDC Contrôle Ltée, a Quebec manufacturer of industrial cylinders, actuators and thermocouples founded in 1975. The announcement was made on October 17, 2024.
Wincove Private Holdings and its portfolio company PURGO Holdings acquired valve and actuator maker Valve Solutions, LLC of Alpharetta, Georgia, in an add-on deal initiated by White Oak Partners.
Irish lifting firm WH Scott acquired a UK counterpart.
Aubert & Duval, a specialty metals company, is set to be acquired by Airbus and Safran on an equal ownership basis by 2026, following its 2023 acquisition by Airbus, Safran, and Tikehau Capital.
Nordic Semiconductor has signed a Letter of Intent to acquire Norwegian ultra-wideband wireless technology company Novelda AS for an undisclosed sum, subject to due diligence and board approval.
Icelandic seafood technology firm KAPP has acquired the assets of bankrupt fish processing equipment manufacturer Skaginn 3X for an undisclosed sum. The acquired entity will operate as KAPP Skaginn, backed by a consortium including VGJ, Tectru, and five former employees.
Nippon Steel Corporation (NSC) decided to absorb its subsidiary Nippon Steel Stainless Steel Corporation (NSSC) through a merger.
Drugmakers Cipla and Alkem Laboratories are frontrunners to acquire a controlling stake in Sahajanand Medical Technologies (SMT), India's largest cardiac stent maker. The deal values SMT at Rs 3,500-4,000 crore.
H.I.G. Capital bought an industrial company with about 350 employees that sells and services petroleum fueling stations, EV charging infrastructure, and industrial pumps and compressors. The deal was reported on November 25, 2024.