Prism Johnson Ltd has invested ₹18.72 crore to acquire a 50% stake in Sunbath Sanitary Private Limited, a sanitaryware manufacturer in Morbi, Gujarat, securing a stable supply of sanitaryware.
Qualcomm Technologies has entered a definitive agreement to buy Sequans Communications' 4G IoT technologies, including certain employees, assets and licenses. The transaction is subject to French regulatory approval.
SKC Ltd. plans to merge its subsidiaries SK Leaveo and SK Tbmgeostone with a merger ratio of 1:0.0005179, scheduled to complete on 8 October 2024. SK Leaveo is building a 70,000 tpa PBAT plant in Hai Phong, Vietnam, expected to start mass production in Q3 2025.
Duravant LLC acquired T-TEK Material Handling LLC, a manufacturer of high-speed packaging machinery and systems, headquartered in Montgomery, Alabama, on 23 August 2024.
Komatsu Ltd. has decided to acquire all shares held by UMW Corporation in UMW Komatsu Heavy Equipment Sdn. Bhd. (UKHE), making UKHE a wholly owned subsidiary. The acquisition aims to strengthen Komatsu's competitiveness in construction and mining equipment markets in Malaysia, Singapore, Myanmar, Brunei and Papua New Guinea.
ARI-Armaturen Albert Richter acquired Warren Controls, a control valve company based in Bethlehem, Pennsylvania, to expand its US presence.
Canadian investor Onex is pursuing a majority stake in Fischbach, a cartridge packaging business operating seven production facilities in Germany, the US, Belgium, the UK and Spain. The report is dated 23 August 2024.
SEMIKRON and Danfoss Silicon Power have completed their merger to form Semikron Danfoss, a new leader in power semiconductor modules. The joint business is majority-owned by Danfoss Group and will retain locations in Nuremberg and Flensburg.
Getinge has agreed to acquire 100% of Paragonix Technologies, a leader in organ transport and preservation, for an estimated $477 million. The acquisition marks Getinge's entry into the organ preservation and transportation market.
Trudell Medical Limited has reached an agreement to purchase the RDx business unit of Vyaire Medical, which manufactures respiratory diagnostic products. The acquisition is subject to court approval and expected to close in 8-12 weeks.
Quaker Houghton, a global leader in industrial process fluids, has acquired IKV Tribology Ltd, a UK-based lubricants company. The acquisition aims to expand product range and enhance R&D.
Joloda Hydraroll Ltd, a material handling solutions specialist, has acquired Actiw Oy, a Finnish provider of automated loading solutions for the unmodified trailer market. The acquisition expands Joloda Hydraroll's global market presence and product portfolio.
LyondellBasell (LYB) has entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany, which holds solvent-based recycling technology for LDPE. The acquisition expands LYB's circular and low-carbon solutions business.
USA Rare Earth, LLC has entered into a definitive business combination agreement with Inflection Point Acquisition Corp. II, a SPAC, to become a publicly traded company. The transaction values USA Rare Earth at a pro-forma enterprise value of $870 million and includes a $35 million PIPE investment.
Core Industrial Partners-backed PrecisionX, a provider of precision metal components headquartered in Waterbury, Connecticut, acquired manufacturer Ditron.
KARL STORZ acquired Asensus Surgical for $0.35 per share in cash, making Asensus a subsidiary. The deal closed after stockholder approval, combining Asensus's robotic surgery technology with KARL STORZ's endoscopy portfolio.
FCAH Aerospace, backed by O2 Investment Partners, acquired Innodyne Systems, an FAA/EASA Part 145 repair station specializing in MRO, DER, and OPP services for airframe, composite, and electronic components. The deal supports FCAH's strategic growth plan.
Siemens has selected Toyota's Vanderlande as the buyer for its logistics unit, according to sources. The deal is pending finalization.
Emirates Global Aluminium (EGA) announced its intention to acquire an 80% majority stake in Spectro Alloys Corporation, a US aluminium recycling firm based in Rosemount, Minnesota. The transaction is expected to close in Q3 2024.
UMEX Constanta acquired two Mantsinen cranes.
ABB completed its acquisition of SEAM Group, which will join ABB’s Electrification Service division.
Harvey Performance Company, a cutting tools manufacturer, acquired ATA, an Ireland-based precision engineering company.
Advance Auto Parts has agreed to sell its Worldpac automotive parts wholesale distribution business to funds managed by Carlyle for $1.5 billion in cash. The transaction is expected to close before the end of 2024.
BlackHawk Industrial has acquired Tri-State Industrial Supplies of PA, a tooling supplier based in New Britain, Pennsylvania, expanding its mid-Atlantic operations. Terms were not disclosed.
Solar Mining Services, a South African subsidiary of Solar Industries, has acquired a majority stake in blasting solutions provider ProBlast BS. The companies will continue to operate independently.
Automated Industrial Robotics Inc. acquired Sewtec Automation, a UK-based industrial automation company. The transaction expands AIR's geographic footprint and engineering capabilities, funded primarily by an additional investment from an Ares Management Private Equity fund.
Spectra Precision has agreed to acquire Unicontrol, a machine control systems company. Unicontrol joins Spectra Precision in Precisional's portfolio of construction-related measurement businesses.
Visense and Octotronic merged to become Octotronic AG, combining Visense's AI video analytics with Octotronic's smart factory data platform OctoCore. The merger was announced on August 21, 2024.
Lohia Corp Limited, through its US subsidiary Leesona Corp, acquired J.J. Jenkins Inc., a machine manufacturer for high-tech industries, to expand its specialty yarns and tapes portfolio in medical and defence applications.
Hiroki Kuwano signed a letter of intent to acquire a 75.80% stake in Sendai Smart Machines Co., Ltd. from Kikuchi Seisakusho Co., Ltd. on August 21, 2024. The transaction is expected to close on August 22, 2024.
PMC Hydraulics Group, under parent Dacke Industri, agreed in July 2024 to acquire the remaining shares of Indian hydraulic distributor Hydroquip Hydraulics, making it 100% owned.
US based Barnhart Crane and Rigging has acquired Mountain Crane.
Martin Umformtechnik GmbH, part of the Martin Gruppe, has acquired Allgaier Sachsen GmbH in Oelsnitz, Saxony. The plant, which produces large body and structural parts for the automotive industry, becomes the fifth location of the Martin Gruppe.
AT Railway Sub Systems, a subsidiary of Amber Enterprises India, and South Korea's Yujin Machinery incorporated a joint venture company, Yujin Machinery India, on August 20, 2024, to manufacture driving gears, couplers, pantographs and brakes for rolling stock in India.
RESA Power, a power systems electrical testing and transformer services company, has acquired High Voltage Electric Service (HVES) based in Albany, NY. HVES is a full-service electrical testing business operating since 1990.
Mobix Labs Inc. has announced the intent to acquire J-Mark Connectors Inc., a company specializing in EMI interconnect solutions for military, aerospace, and defense sectors. The acquisition is expected to boost revenue and expand Mobix Labs' footprint in these sectors.
Johnson & Johnson has entered into a definitive agreement to acquire V-Wave Ltd., a developer of heart failure treatment devices, for an upfront payment of $600 million plus potential milestone payments up to approximately $1.1 billion. V-Wave's Ventura Interatrial Shunt is designed to treat heart failure.
Atlantic Street Capital has completed the sale of All Star Auto Parts, a specialty distributor of alternative automotive parts, to BBB Industries. Terms were not disclosed. All Star is headquartered in Orlando, Florida and operates 13 facilities nationwide.
Vantedge Medical, a portfolio company of Aterian Investment Partners, has acquired Hobson & Motzer, a manufacturer of precision medical devices for the global surgical stapler market. The acquisition strengthens Vantedge's consumables platform and expands its technical capabilities and customer base.
Culligan Wassertechnik GmbH acquired Triple A Aqua Service Holding (known as aqua alpina), an Austrian drinking water service provider, effective July 31, 2019. The acquisition aims to accelerate growth and expand the product portfolio.
Toffeln, a UK-based healthcare footwear and solutions provider, has acquired Avail Medical, a manufacturer of electrosurgical instruments. The acquisition expands Toffeln's product portfolio for operating theatres.
Fluidra has agreed to acquire Chadson Engineering, an Australian manufacturer of commercial filtration systems for swimming pools and water parks. The acquisition is expected to close in Q4 2024.
Kito Crosby, a global leader in lifting and securement, has completed the acquisition of eepos GmbH, a German manufacturer of aluminum light crane systems. The deal expands Kito Crosby's installed lifting solutions portfolio.
Sonomatic announced the acquisition of RotoTech, a company specializing in robotic Inspection, Repair and Maintenance of risers, conductors and caissons in the splash zone. RotoTech's technology includes the Roto Climber Mk 1 and Mk 2 robotic systems.
R&S Group Holding AG agreed to acquire 100% of Kyte Powertech Limited, an Ireland-based manufacturer of distribution transformers, for an enterprise value of EUR 250 million. The acquisition will expand R&S Group's geographic footprint in Ireland, the UK and Western Europe.
Advanced Drainage Systems, through its subsidiary Infiltrator Water Technologies, announced the signing of a definitive agreement to acquire Orenco Systems, a manufacturer of advanced onsite septic wastewater treatment products. The transaction is expected to close in the third quarter of fiscal 2025.
Kitz Corporation decided to absorb its wholly owned subsidiary Toyo Valve Co. through an absorption merger, with the merger effective January 1, 2025, announced August 20, 2024.
AlphaVest Acquisition Corp entered into a merger agreement on August 16, 2024, to acquire AMC Corporation (AMC Robotics Corp) at a $175 million valuation, with closing expected in Q4 2024.
Jiangsu Wanjie Optoelectronics Technology Co., Ltd. and Wuxi Changyi Machine Tool Manufacturing Co., Ltd. agreed to acquire Wuxi Miracle Precision Technology Co., Ltd. from Miracle Automation Engineering Co., Ltd. for approximately CNY 150 million.
Flexware Innovation, a Hitachi group company, acquired Castle Hill Technologies, an engineering services company focused on life sciences, on July 31, 2024.