Blue Water Energy signed a deal to acquire the entire shareholding of Galileo Technologies from Boson Holding Corporation. Jesus Grande has been appointed as the new CEO.
Renold plc acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the entire issued share capital of MAC Chain Company Limited (Canada) for a total cash consideration of US$31.4 million.
FFL Partners agreed to sell its investment in Ovarro, a critical infrastructure technology specialist, to Indicor LLC, a diversified industrial company.
Mondi agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging, including two mega-box plants in Germany at Ebersdorf and Greven. The enterprise value is €634 million, financed from existing facilities.
Acieta, a portfolio company of Angeles Equity Partners, acquired Capital Industries, a designer and manufacturer of custom robotic and automation systems. The acquisition closed on July 24, 2024.
Platinum Equity has acquired Kohler Energy from Kohler Co. and will rename it Rehlko, with Kohler Co. remaining an investment partner.
Addev Materials, a French specialist in high-performance materials transformation and distribution, has acquired ATL, a US company based in Wisconsin with 50 employees and $15 million in revenue. ATL specializes in adhesives and flexible materials for the healthcare and pharmaceutical industries.
Stahlkontor has acquired all shares of Schmidt Zerspanungstechnik GmbH (SZT) from Otterbach Holding GmbH. SZT, a machining specialist with about 60 employees and up to 30 machines, will be integrated as an extended workbench into Stahlkontor's structure.
Suzlon Energy has completed the acquisition of a 51% stake in Renom Energy Services, as announced on September 9, 2024.
Korea Zinc announced on September 9, 2024, that it will invest KRW 15 billion to acquire a 60% stake in RoboOne, a domestic robotics company, to strengthen its resource circulation business.
MABA Fertigteilindustrie GmbH and KAMMEL GmbH, both part of Kirchdorfer Concrete Solutions, have merged to strengthen their position in the Austrian precast concrete market, effective September 2024.
FTAI Aviation Ltd. completed its acquisition of Lockheed Martin's Commercial Engine Solutions business at the Montréal airport for US$170 million. The acquisition enhances FTAI's Maintenance, Repair, and Exchange business and creates engine and module manufacturing capabilities in Canada.
Isem Packaging Group completed the industrial integration of Bartoli Packaging Srl, a Tuscan maker of rigid luxury boxes for fashion brands, through its subsidiary Industrial Pack Srl. The article does not state a deal value.
Belgian packaging manufacturer Van Genechten Packaging has acquired all shares of Polish premium folding carton maker Dot2Dot Group, which has plants in Gdansk and Warsaw. The deal is still subject to anti-monopoly approval.
The European Commission approved a joint venture between Baoshan Iron & Steel (Baosteel), Baowu Aluminium, and Kobe Steel (Kobelco) to produce automotive aluminium sheets in China. Kobelco will hold 50%, with Baosteel and Baowu Aluminium sharing the remainder. The venture will operate facilities in Tianjin and Henan province.
The European Commission approved the creation of a joint venture by Baoshan Iron & Steel, Baowu Aluminum and Kobelco to produce automotive aluminium sheets in China, with Kobelco holding 50% and Baosteel/Baowu the other 50%.
Fairfax India Holdings Corporation entered into an agreement to invest INR 6,955 million (approximately $83 million) for a 65.0% interest in Global Aluminium Private Limited, the third-largest aluminum extrusions manufacturer in India. The transaction is expected to close in Q4 2024.
Digga Australia, a heavy equipment attachment manufacturer, has acquired McCormack Industries, a manufacturer of agricultural and industrial attachments based in Aubigny, Queensland. McCormack will continue to operate under its own name from its existing factory.
Krempel acquired all shares of Mexican EIC Insulation Company, a provider of insulation solutions and services, including its production facilities in the Monterrey metropolitan area.
JLG Industries acquired Italian manufacturer Hinowa in 2023 and Spanish manufacturer AUSA in 2024 to broaden its offerings in construction, material handling, and other markets.
Héroux-Devtek Inc. shareholders approved the plan of arrangement to be acquired by an affiliate of Platinum Equity Advisors, LLC. The transaction is expected to close before March 31, 2025.
Berlin Packaging has acquired Osaka-based packaging supplier Nissho Jitsugyo, expanding its presence in Asia-Pacific. All Nissho employees, management and locations will be retained; financial terms were not disclosed.
Gleco Plating in Rowlett, Texas, acquired 3-D Powder Coating and rebranded it as Gleco Paint and Powder Coating to expand its surface finishing services.
Univet Loupes S.p.A. acquired the remaining minority interest in Univet Optical Technologies North America, Inc. (Canada) and Univet Optical Technologies North America, LLC (USA), gaining full control of its Canadian and US distribution entities. The transaction closed on July 8, 2024.
Foxconn Interconnect Technology GmbH, through its subsidiary Fit Voltaira Autokabel Gruppe GmbH, plans to acquire exclusive indirect control of the Auto-Kabel Group, a manufacturer of electrical power distribution systems and components for automotive vehicles. The Moroccan Competition Council has been notified.
Unical Aviation, Inc. acquired ecube Solutions, a global expert in aircraft storage, disassembly, and transition services with bases in the UK, Spain, and USA. ecube will operate as an independent unit within the Unical Group.
Energy Capital Partners (ECP) acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet in Texas, from affiliates of Eos Partners and ACON Investments. Financial terms were not disclosed.
Axius Water, a provider of nutrient management solutions, acquired MITA Water Technologies, a supplier of wastewater filtration systems based in Siziano, Italy. The companies had a prior partnership for manufacturing MITA pile cloth filters in the U.S.
Rheem Manufacturing announced its intention to acquire Nortek Global HVAC (NGH) from Madison Industries. NGH manufactures HVAC equipment under brands including Frigidaire and Maytag, with operations in Saltillo, Mexico, and Poplar Bluff, Missouri.
Vedanta Limited announced that its display glass business is set to grow 10x after consolidating its holding in AvanStrate Inc. (ASI) to 98%, following the acquisition of 46.57% equity from Hoya Corporation. ASI is now fully managed and controlled by Vedanta.
HT-Cooling, a company specializing in industrial cooling systems, announced its entry into the Galletti Group, an international HVAC company, on 5 September 2024. The acquisition expands Galletti Group's offering into industrial cooling.
Jet Investment has agreed to sell TEDOM Group, a manufacturer of cogeneration units and energy services provider, to Yanmar Group. The share purchase agreement was signed on 4 September 2024, pending regulatory approval.
Solaris Oilfield Infrastructure shareholders have voted in favor of the $200 million acquisition of Mobile Energy Rentals LLC (MER), a provider of natural gas-powered mobile turbines and energy equipment. The deal marks Solaris' entry into distributed power infrastructure.
Machine builder Hellings from Sint-Oedenrode has acquired Ronetic Industrial Automation B.V., an expert in industrial automation, robot integrations, and bakery machinery. The acquisition strengthens Hellings' position in robotics and cobot applications.
Veridian Healthcare, a US outsourced manufacturer of in-home diagnostic and personal care products, has completed the acquisition of Zewa, a supplier of consumer retail, telehealth, and remote patient monitoring devices. The deal expands Veridian's product portfolio.
The Taylor Group, a US manufacturer of heavy industrial lift equipment, has acquired 85% of the shares of CVS Ferrari, an Italian manufacturer of mobile container handling and heavy cargo handling equipment. NEIP III exits completely, while BP retains 10% and SDB retains 5%.
Oshkosh Corporation completed the acquisition of Ausa, a manufacturer of telehandlers, dumpers and forklifts based near Barcelona, Spain. The deal strengthens JLG's equipment portfolio.
ME Elecmetal, a global mining supply company headquartered in Chile, formalized the acquisition of Prima Foundry, a leading foundry in Gauteng, South Africa, specializing in engineering castings for the mining industry.
The Competition Authority of Kenya approved KEDA (Kenya) Ceramics Company Limited's acquisition of specific assets of Ramoda Ceramics Limited, including properties, plants, and machinery. Reopening Ramoda's mothballed plant could create around 500 new jobs.
Prince Industries, a HCPI portfolio company, has acquired Keystone Precision & Engineering to expand its aerospace and defense capabilities.
Global Water Technology, Inc. (GWT) announced the acquisition of Water Treatment Services, Inc. (WTS), headquartered in Houston, Texas. Founder Steve Jaap has joined GWT's team.
Sonepar acquired Summit Electric Supply, a distributor of industrial electrical equipment based in Albuquerque, New Mexico, in September 2024.
G R Infraprojects entered into a share purchase agreement with REC Power Development and Consultancy to acquire Tumkur-II REZ Power Transmission, making it a wholly owned subsidiary.
Wolter Inc., a material handling solutions provider, has acquired Dedicated Material Handling Solutions (DMHS) with locations in Buford and Atlanta, Georgia, expanding its footprint into the Southeastern United States.
Becton, Dickinson and Company (BD) completed the acquisition of Edwards Lifesciences' Critical Care Product Group for $4.2 billion in cash. The acquired business will be renamed BD Advanced Patient Monitoring and operate as an independent unit within BD Medical.
Rheem has announced its intent to acquire Nortek Global HVAC (NGH), a manufacturer of air conditioning products, from Madison Industries. NGH is based in O'Fallon, Missouri, with manufacturing in Saltillo, Mexico. The acquisition is subject to regulatory approvals.
Abu Dhabi National Energy Company (TAQA) has completed the acquisition of Sustainable Water Solutions Holding Company (SWS Holding) for AED 1.7 billion. SWS Holding owns Abu Dhabi Sustainable Water Solutions Company (ADSWS), which handles wastewater collection and treatment in Abu Dhabi.
Epiroc has completed the acquisition of ACB+, a French manufacturer of excavator attachments and quick couplers, based in Saint Lager, France. The deal was announced on May 24, 2024, and the purchase price was not disclosed.
Houston-based DXP Enterprises has acquired Hartwell Environmental Corporation, a manufacturer's representative of pumps, controls and process equipment for the water and wastewater industry, adding three locations in Texas and Oklahoma. Hartwell had sales of $18.4 million over the 12 months to July 31, 2024.
RMB Corvest and Dlondlobala Capital concluded a management buyout of Nampak Liquid Cartons, Nampak Zambia and Nampak Malawi, which will join the newly formed Diversified Liquid Packaging Group. The deal's value was not disclosed.