Antalis GmbH bought Hein Verpackungen GmbH, a family-owned packaging company in Traunfeld, Germany, and assigned it to its Antalis Verpackungen unit. The move is intended to secure the site and existing jobs.
UFP Technologies, Inc. acquired Marble Medical, a Tallahassee, Florida-based developer and manufacturer of adhesive-based medical components and single-use devices.
PremiStar announced that Farmer & Irwin, a mechanical contractor based in Riviera Beach, Florida, has joined the PremiStar family of companies, expanding its commercial HVAC footprint in Southeast Florida.
Nita Inc. acquired Shorewood Engineering LLC, a Minnesota-based rotary labeler manufacturer, to strengthen its labeling solutions.
Power Systems West (PSW) and Bay City Electric Works (BCEW) are combining to become one of the largest backup power generation providers in the western United States, effective July 31, 2024.
nVent Electric has completed the acquisition of Trachte, a manufacturer of custom-engineered control building solutions, for $695 million. Trachte is headquartered in Madison, Wisconsin and employs over 500 people.
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has agreed to acquire a 51% equity stake in NTS AMEGA for approximately $58 million. NTS AMEGA is a global manufacturer of precision equipment for the energy sector.
Ardian has entered exclusive discussions to acquire a majority stake in Robot-Coupe and Magimix from Hameur Group. The deal includes both the professional food equipment brand Robot-Coupe and the domestic appliance brand Magimix.
Wolter Inc., a leader in material handling solutions, has acquired Cincinnati Crane & Hoist, a manufacturer of cranes and hoists based in Cincinnati, Ohio. This is Wolter's first acquisition of a manufacturing company.
Fortress Safety, a global leader in machinery safety and interlocking, has acquired Remlive, a company specializing in electrical safety warning indicators. The acquisition aims to enhance Fortress's product portfolio.
Suprajit Group signed the closing memorandum for the first stage of acquiring the business of Stahlschmidt Cable Systems, including asset and business acquisition in Germany and equity purchase in Poland and Morocco.
Siemens Energy and Končar d.d. signed a joint venture agreement to establish a transformer tank manufacturing facility at Končar's Sesvetski Kraljevec site. Končar will hold 60% and Siemens Energy 40% of the JVCo.
Penske Automotive Group acquired Bill Brown Ford in Livonia, Michigan, expected to add $550 million in estimated annualized revenue. The acquisition includes over 200,000 sq ft of facilities.
OSG Corporation will acquire 100% of Contour, a manufacturer of diamond tools for ultra-precision machining of optical surfaces. The transaction is expected to close at the end of July 2024.
Edwin James Group announced the acquisition of the entire share capital of Pettits Ltd and its subsidiary Motivair Compressors Ltd for an undisclosed sum. Motivair manages about 9,000 compressed air assets for UK industrial, infrastructure, utilities and defence customers, and its 100 employees will be retained.
Duomed group acquired a majority stake in Rey Medical SA, a distributor of medical devices based in the Geneva area. The acquisition expands Duomed's activities in Switzerland.
EKB Groep B.V., a Dutch industrial automation and panel-building company, was acquired by Eiffage Énergie Systèmes through its Dutch subsidiary Eiffage Energiesystemen, effective July 15, 2024. The transaction is subject to approval by Dutch competition authorities.
Sweco has acquired Frilling + Rolfs GmbH, a German engineering and wastewater consultancy, to expand its water business in Germany. The acquisition was signed on 15 July 2024.
Zenergy AB signed a binding agreement to acquire 100% of the shares in Kaper Norden AB, a supplier of construction equipment to Nordic and European customers, for a purchase price of 1 MSEK. The acquisition is accompanied by a directed share issue of approximately 8.15 MSEK.
Edwards Lifesciences exercised an option to buy Innovalve Bio Medical, an Israel-based startup developing transcatheter mitral valve replacement technologies, for about $300 million in cash. The deal is expected to close by end of 2024.
Reliance, Inc. reached an agreement to purchase certain assets of the FerrouSouth division of Ferragon Corporation, a toll processing operation in Iuka, Mississippi. The transaction is expected to close within 30 days.
Cleveland-Cliffs entered a definitive agreement to acquire Stelco Holdings for approximately USD $2.5 billion (CAD $3.4 billion) enterprise value, adding Stelco's two Ontario steelmaking sites.
Hangcha Group Co., Ltd. and Zhuhai Inbol Electric Co., Ltd. jointly established Zhejiang Huahang Electric Drive Co., Ltd. in Hangzhou Fork Group's Hengfan Science Park. Hangcha contributed 27.5 million RMB (55% stake), Inbol contributed 17.5 million RMB (35% stake), and the management team contributed 5 million RMB (10% stake).
Halo Microelectronics International will purchase a 30.9% stake in South Korean chip designer Zinitix for KRW21 billion (USD15 million), gaining control of the company.
Shareholders of both Quanex Building Products Corp. and Tyman approved Quanex's proposed acquisition of Tyman, expected to close in August 2024.
Japan's Tsurumi Manufacturing acquired the entire share capital of Zenit International SpA, holding company of wastewater treatment equipment maker Zenit Group, based in San Cesario sul Panaro. The agreement was signed on 15 July 2024.
Isem Packaging Group, backed by Peninsula Capital, finalized the industrial integration of Tuscan luxury rigid box maker Bartoli Packaging through subsidiary Industrial Pack. The closing took place in June 2024 and was announced on July 15, 2024.
Spray nozzle maker BETE completed a strategic merger with compressed air and static elimination firm EXAIR, with Northborne Partners as exclusive financial advisor. Financial terms were not disclosed.
Edwards Lifesciences agreed to pay 15 million euros (about $16.3 million) for a 9.21% equity stake in France's Affluent Medical, including an exclusive option to buy its mitral ring subsidiary and a global license for biomimetic mitral valve replacement technology.
Votorantim Cimentos North America acquired Western N Y Concrete Corp., a ready-mix concrete producer in Batavia, New York, to strengthen its presence in the region and complement its United Materials operations.
Christeyns has acquired Jysk Kemi, a Danish manufacturer of disinfection and cleaning products, to expand into the Scandinavian market. The acquisition includes a production site in Holstebro and approximately 25 employees.
Frankfurt-based investment firm VR Equitypartner has acquired a significant minority stake in HERO Textil AG, a German developer and manufacturer of elastic textile inserts for workwear and industrial applications.
Voltaira Group announced the acquisition of Auto-Kabel Group, a global provider of energy distribution and management systems for vehicles. The deal aims to strengthen Voltaira's electrification expertise.
Francks Kylindustri has entered into an agreement to acquire Svedan Industri Køleanlæg A/S, a Danish provider of industrial cooling and heating solutions. Svedan generated revenues of DKK 66 million in 2023.
SoftBank Group has acquired British semiconductor startup Graphcore. The deal was announced on July 12, 2024, without disclosing financial terms. Graphcore will operate as a SoftBank subsidiary.
Tanzanian conglomerate Amsons Group, through its Kenyan subsidiary Amsons Industries (K) Ltd, announced plans to acquire a 100% stake in Kenya's Bamburi Cement PLC for $180 million, at 65 Kenyan shillings per share.
Tech24, a national leader in commercial foodservice equipment repair and maintenance, partnered with Varitech Commercial Services, an Arizona-based commercial refrigeration, HVAC and kitchen equipment service company.
BEWI ASA signed an agreement to acquire assets related to EPP-based component production from the insolvent Philippine & Co GmbH Technische Kunststoffe KG, including equipment from two facilities, inventory, and IPR. The deal is expected to close in Q3 2024.
The Strasbourg Court of First Instance approved the takeover bid by UK-based Greybull Capital for Ascometal France Holding's assets, including steel mill, rolling mill, and finishing sites. Greybull will relaunch steelmaking for automotive and other industries.
Doosan Group approved a governance restructuring plan to split Doosan Bobcat from Doosan Energy and merge it with Doosan Robotics. The merger aims to combine Doosan Bobcat's small construction machinery business with Doosan Robotics' cooperative robot business.
AriVislanda, a sawmill machine manufacturer, and Milltech, an automation solutions provider for sawmills, will merge into a joint company named AriVislanda, with Milltech remaining as a brand. The merger is expected to complete in 2024.
Peruvian corporation Ferreycorp, through its technology arm Vixora, acquired a 20% stake in Torsa, a Spanish technology company specializing in anti-collision systems for mining and other sectors. The deal includes a board renewal.
Héroux-Devtek has entered into an agreement to be acquired by an affiliate of Platinum Equity for $32.50 per share in cash, representing a total enterprise value of approximately $1.35 billion. The transaction includes a rollover of shares by senior management.
Coesia has acquired a minority share in PWR (Packaging with Robots), a leader in automated robotic packaging systems for the food industry. The partnership aims to expand Coesia's portfolio with full-line automated packaging solutions.
Eco-Techno, controlled by Itago sgr, announced the acquisition of Italian company Scae srl and Spanish company Enviro Solutions SL, both specializing in water and wastewater treatment solutions.
Condorchem Enviro Solutions, an environmental engineering company based in Barcelona, Spain, was acquired by Eco-Techno in July 2024.
AQ Group, a global manufacturer of components and systems, acquired Rockford, a UK-based supplier of wire harnesses and electromechanical systems for the defense industry. Rockford will become part of AQ's Wiring Systems business area.
L&T Semiconductor Technologies Limited, a wholly owned arm of Larsen & Toubro, entered into a Share Purchase Agreement on July 8, 2024 to acquire 100% of SiliConch Systems Private Limited for Rs 133 crore, with an additional deferred amount of Rs 50 crore. The acquisition is expected to close by September 15, 2024.
Mollo Group acquired Albatros S.r.l., a Brescia-based rental company specializing in lifting platforms, effective July 1, 2024. The acquisition strengthens Mollo's presence in the Brescia area.
Builtech Group has acquired a majority stake in Brion Group, a Swedish technical services and installation company, along with Nytorp Energy Group, UTK Activ El, and Trafiksystem i Väst. The combined turnover is SEK 6.3 billion.