China's Baosteel will acquire Nippon Steel's 50% stake in their auto steel joint venture for about $242 million.
Robert Bosch has agreed to acquire Johnson Controls' and Hitachi's residential and light commercial HVAC businesses for $8 billion, in what will be the German engineering group's largest takeover to date.
Chargeurs has finalized the acquisition of strategic assets previously held by Swiss company Cilander, including brands and finishing technologies for high-end textiles. The assets are integrated into the Chargeurs PCC Fashion Technologies business line.
Holland Capital announced that IK Partners has signed an agreement to acquire Defibrion, a distributor of automated external defibrillators and safety products. The transaction includes the sale of shares to IK and Defibrion's management team.
Hitachi Global Life Solutions will transfer its 40% stake in Johnson Controls-Hitachi Air Conditioning joint venture to Bosch for $1.4 billion. Hitachi GLS will also acquire JCH's Shimizu Factory. The transaction is expected to close before the end of Q1 fiscal year ending March 31, 2026.
Robert Bosch GmbH has agreed to buy Johnson Controls International's global HVAC business for residential and light commercial buildings in an all-cash deal valued at US$8.1 billion. The deal includes the air-conditioning joint venture between Johnson Controls and Hitachi.
Fortdress Group GmbH, a German provider of work and protective clothing for the food logistics sector, has acquired Cold Tex B.V., a Dutch company specializing in coldstore clothing. The Cold Tex brand will be integrated as a premium brand.
Ampere Alliance Ltd., a provider of electrical services, acquired all shares of Boundary Electric (1985) Ltd., an electrical equipment supplier, for $35 million.
Elesa S.p.A. has signed an agreement to acquire 100% of the industrial activities of F.M. S.r.l., to be renamed FM Partec S.p.A. The deal is expected to complete in October 2024.
Investment firm Point Grey Holdings has acquired Group DKG, which includes plastic laminate maker An-Cor Industrial Plastics Inc.
Astorg, a private equity firm, is acquiring Hamilton Thorne, a producer of precision instruments, for $2.25 per share in cash, giving an enterprise value of approximately $388 million.
FIT Voltaira Group, a subsidiary of Foxconn Interconnect Technology, has acquired Auto-Kabel Group, an international automotive supplier. The acquisition was completed in 2024.
SMD Technologies acquired the Ellies electrical brand and intellectual property, announced on July 22, 2024. Ellies had entered voluntary business rescue in January 2024.
Yokohama Rubber entered a purchase agreement to acquire Goodyear's Off-the-Road tyre business for $905 million in cash. The deal includes Nippon Giant Tire and Goodyear Earthmover, expected to close by early 2025.
TER Chemicals acquired the modified Fischer-Tropsch Wax business from Evonik, effective June 30, 2024. The portfolio includes VESTOWAX brand waxes used in coatings, adhesives, and plastics.
Imperial Auto Industries Ltd has acquired the assets of Metallwerk Biebighäuser GmbH, a German manufacturer of metal tubular assemblies for the automotive industry, including its Slovakian subsidiary. The acquisition expands Imperial's presence in Europe and EV component capabilities.
ASSA ABLOY announced the pending acquisition of SKIDATA, a provider of access and parking management solutions. SKIDATA will operate as a separate business area within ASSA ABLOY.
Shenyang Machine Tool plans to issue shares to acquire 100% of Shenyang Machine Tool Zhongjie Friendship Factory and Shenyang Zhongjie Aerospace Machine Tool, and 78.45% of Tianjin Tianduan Press, from related parties.
Dover has acquired Marshall Excelsior Company for $395 million in cash. The Michigan-based flow control component maker will join Dover's OPW Global unit.
Saica Group has reached an agreement to acquire Schumacher Packaging's Polish subsidiary, including two corrugated board plants, two paper mills and three service centres. Completion is pending Polish antitrust clearance; the price was not stated.
Metso has signed an agreement to acquire Jindex Pty Ltd, a Sydney-based private Australian valve and flow control company. The deal is expected to close in August 2024, and the transaction value was not disclosed.
Gulftech, through its parent company, acquired ABL, a family-owned fresh produce processing equipment manufacturer. ABL will continue to operate autonomously within the Gulftech group.
Platinum Equity has completed the sale of the Hunterstown power generation facility in Gettysburg, Pennsylvania, to LS Power. The 810 MW combined-cycle gas turbine plant supplies power to the PJM grid. Financial terms were not disclosed.
Groupe DCM, a Quebec-based manufacturer of tooling and aerospace parts, has acquired DH Aerospace, which includes Koss Aerospace (large structural components) and Brampton Processing (surface treatment). The acquisition pushes DCM's annual revenue above $100 million, achieving critical size.
Soler & Palau Ventilation Group has acquired a minority stake in Estonian company ETS NORD, with plans to acquire a majority stake by 2028. The investment will be used for product development and new technologies.
The acquisition of Altium by Renesas Electronics has become legally effective as of July 18, 2024.
Materialise, a Belgium-based 3D printing software company, acquired FEops, a Belgian developer of AI-driven simulation technology for structural heart interventions. The transaction amount was not disclosed.
Budnick Converting Inc. acquired Evans EVCO, a materials fabricator and distributor in Kansas City, Missouri, effective July 1, 2024. The acquisition strengthens Budnick's position in aerospace and electronics markets.
Amphenol Corporation has agreed to acquire CommScope's Outdoor Wireless Networks and Distributed Antenna Systems businesses for $2.1 billion in cash. The acquired businesses are expected to have 2024 sales of approximately $1.2 billion.
Merck KGaA intends to acquire Unity-SC, a France-based provider of metrology and defect inspection equipment for the semiconductor industry, for €155 million plus performance-based milestones. The acquisition strengthens Merck's offering for AI semiconductors.
DCM Group has acquired DH Aerospace Holding, which operates as Koss Aerospace and Brampton Processing, for an undisclosed amount. Koss Aerospace manufactures aerospace structural components, and Brampton Processing provides metal finishing services, both based in Ontario, Canada.
Haier Smart Home has agreed to acquire 100% equity in Electrolux South Africa Proprietary Limited, the water heater business of Electrolux Group, for an enterprise value of ZAR 2.45 billion (approx. RMB 980 million). The acquisition includes the Kwikot brand and is expected to complete in Q4 2024.
Folangsi Co., Ltd. announced that its subsidiary Folangsi (Hong Kong) will acquire 100% of Nichiyu Forklift (Shanghai) Co., Ltd. from Mitsubishi Logisnext Co., Ltd. for CNY 33.923 million. The target company sells, services and rents Nichiyu brand forklifts in China.
Dover has acquired Demaco Holland B.V., which makes cryogenic flow control components such as valves, couplings and loading arms. Demaco joins OPW's Clean Energy Solutions business within Dover's Clean Energy & Fueling segment. The announcement is dated July 18, 2024.
Wateralia, an Ambienta platform company, has completed its acquisition of Calpeda Pumpen, an established German pump distributor for the water sector. It is Wateralia's fourth buy-and-build deal and strengthens its German distribution network.
Abris Capital Partners is set to sell its stake in Dot2Dot, a premium packaging producer, according to Private Equity International. No buyer, deal value or location was given.
An affiliate of Mill Point Capital has entered into a definitive agreement to acquire the commercial refrigeration and foodservice equipment businesses of FEMSA, Imbera and Torrey, forming a new platform called AeriTek Global LLC.
Hinduja Tech Ltd., a subsidiary of Ashok Leyland, signed a definitive agreement to acquire Germany-based Tecosim Group for €21 million (about Rs 190 crore), broadening its presence in European mobility engineering services.
Beaulieu International Group (B.I.G.) signed an agreement to acquire all shares of IFG Asota GmbH, an Austrian fiber company specializing in synthetic staple fibers, to strengthen its Fibres Division.
Beaulieu International Group (B.I.G.) announced the sale of its technical textiles business, Beaulieu Technical Textiles (BTT), to funds advised by Munich-based private equity firm RCP. The transaction includes the transfer of 194 employees in Komen, Belgium.
Enersol RSC LTD, a joint venture of ADNOC Drilling and Alpha Dhabi Holding, has agreed to acquire a 51% equity stake in NTS AMEGA, a provider of advanced manufacturing and tool repair for the oil and gas sector, for approximately $58 million.
Lear Corporation has completed its acquisition of WIP Industrial Automation, a Spanish provider of robotics and AI-based automation solutions for manufacturing. The deal was previously announced on April 29, 2024.
JK Tool, a division of Weiss-Aug Group, has acquired the assets of Precise Tool & Die of Leechburg, Pennsylvania. The acquisition aims to grow capabilities and capacity for progressive dies, spares and components.
Mitie Group agreed to acquire ESM Power, a high voltage electrical engineering specialist, for a maximum consideration of £8.5 million. The deal is expected to complete by July 31, 2024.
EssilorLuxottica signed an agreement to acquire an 80% stake in Heidelberg Engineering, a Germany-based company specializing in diagnostic solutions and digital surgical technologies for ophthalmology.
Munters has signed an agreement to acquire Geoclima, an Italian manufacturer of air- and water-cooled chillers. Geoclima's net sales for FY 2023 were approximately MSEK 455 (MEUR 40.1). The acquisition is expected to close in the second half of 2024.
Nightfood Holdings has signed a letter of intent to acquire SWC Group, doing business as Carryoutsupplies.com, a US wholesaler of custom takeout packaging for foodservice, in an all-stock transaction through its subsidiary Future Hospitality Ventures Holdings.
Van Genechten Packaging has signed a deal to acquire 100% of Poland-based DOT2DOT Group, which operates plants in Gdańsk and Warsaw and has annual turnover above 50 million euros. The deal is subject to anti-trust approvals.
Workdry International has acquired Holland Pump Company, a pump rental business with over 1,000 pumps across 15 US sites, backed by Arcus Infrastructure Partners. It will operate as Workdry's North American division.
PSB Industries will acquire 100 percent of ALQP's share capital at €32 per share to merge Quadpack with its Texen business into one group. The combined group, with sales of €350 million, will have industrial presence in six countries.