Standard Motor Products (SMP) has agreed to acquire Nissens Automotive, a European manufacturer of engine cooling and air conditioning products, for approximately $388 million (€360 million) from Axcel and the Nissen family.
Accenture acquired True North Solutions, a provider of industrial engineering solutions headquartered in Calgary.
Atlas Copco has signed a deal to acquire Anhui NOY Technologies, a China-based manufacturer of vacuum helium leak detectors, which will join its Scientific Vacuum division within Vacuum Technique. No deal value was disclosed.
Private equity firm Agile Capital has acquired a significant minority stake in Berry Astrapak, a South African manufacturer of rigid moulded and thermoformed plastic packaging. The article does not state the deal value.
Core & Main Inc. has entered into a definitive agreement to acquire substantially all assets of HM Pipe Products, a Canadian distributor of water and wastewater products. The deal marks Core & Main's expansion into Canada.
Solaris Oilfield Infrastructure has acquired Mobile Energy Rentals (MER) for $200 million, consisting of $60 million cash and 16.5 million shares. MER provides distributed power solutions for energy and commercial & industrial markets.
Trulite Glass & Aluminum Solutions acquired American Insulated Glass (AIG), expanding its footprint in the Midwest and East Coast markets and adding residential product capabilities.
Revolution Sustainable Solutions, LLC acquired Norflex, Inc., a producer of high-performance agricultural and industrial films, including the Agriseal silage wrap. The acquisition expands Revolution's sustainable films business.
LJ Inc., a provider of turnkey aggregate plant solutions, acquired Supreme Manufacturing, a Pennsylvania-based manufacturer of floating clamshell dredges and conveyors.
Flacks Group, parent company of Pleuger Industries, acquired Artemyn, a division of Imerys SA, which owns the world's largest kaolin operation in Brazil. The acquisition marks Flacks Group's entry into the mining industry.
AAE, a Dutch high-tech machine manufacturer, acquired Solara Automation, a North Carolina-based industrial automation solutions provider. The acquisition is part of AAE's internationalization strategy and will include a new 100,000-sq.-ft. facility in the Triangle area.
DiHAG Integrated Foundry Group has acquired the businesses of Gienanth-Gruppe at Eisenberg and Kulmbach, effective July 1 and July 10, 2024 respectively. The deal secures about 610 jobs and both locations.
Holcim has completed the acquisition of Mark Desmedt, a Belgium-based construction demolition materials recycler that processes over 0.5Mt/yr. The deal supports Holcim's goal to recycle 10Mt/yr of construction demolition materials.
Almar Water Solutions, part of Jameel Environmental Services, acquired a 70% stake in Australian water services company Aqualyng. The deal expands Almar's presence in the Asia Pacific region.
E2Pack srl, a subsidiary of Bottero spa, has acquired the business unit of Ems Group, a packaging machinery manufacturer. The deal secures continuity for 60 workers transferring to the new company, with incentives for up to 100 others, and potential future hiring.
Panasonic Corporation announced it has entered into an agreement with Cooling Solutions S.L. to purchase all the shares of its subsidiary Area Cooling Solutions Sp. z o.o., a Polish refrigeration equipment manufacturer. The acquisition aims to strengthen Panasonic's condensing unit business in Europe.
Royal Boskalis B.V. has signed an agreement to acquire all remaining shares (50%) in Smit Lamnalco from the Rezayat Group. Smit Lamnalco had annual revenue of approximately USD 275 million and EBITDA of USD 100 million in 2023.
AirX Climate Solutions acquired AboveAir Technologies, a specialty HVAC provider for data centers. AboveAir will become a new division, and ACS will invest in manufacturing capacity at AboveAir's new 100,000-square-foot facility in Frederick, Maryland.
Walor International S.A.S., part of the FerrAl United Group controlled by Mutares, completed the acquisition of Hirschvogel Incorporated from Hirschvogel Holding GmbH. The company, based in Columbus, Ohio, will be renamed Walor North America Inc.
Saur Group, through its subsidiary Nijhuis Saur Industries, has agreed to acquire IWE Malaysia, a water treatment solutions provider serving food & beverage, paper & pulp, and energy sectors. The transaction is expected to close in Q4 2024, subject to regulatory approvals.
Raymond West Intralogistics Solutions and Toyota Lift Northwest have integrated into a unified material handling entity, effective July 8, 2024. The combined company is projected to exceed $1 billion in revenue with over 1,600 employees.
Macfarlane Group agreed to acquire foam protective packaging specialist Polyformes in a £11.5 million deal, reported on 8 July 2024.
Investment house Buysse & Partners became the majority shareholder of Mabo Group, a Benelux forklift distributor. The Mariën-Bouwens family and key management hold the remaining shares. Sofindev sold its entire stake.
Aquapor, the Portuguese water management company of the Saur group, closed the acquisition of CTGA and Enviman, which provide environmental engineering and water infrastructure services. The deal was announced on July 5, 2024.
Zehnder Group has acquired Catalan Grupo Siber from its founding partner and majority shareholder Quarza Inversiones, expanding its presence in the residential and light commercial ventilation market in Spain and Portugal.
EQ Resources has executed a definitive agreement to acquire Cronimet's 50% joint venture interest in the Mt Carbine Retreatment JV for US$7.5 million in shares, assuming all JV assets and liabilities.
Smurfit Kappa completed its acquisition of WestRock, forming Smurfit Westrock, which began trading on the NYSE on 8 July 2024. The deal was valued at nearly $12.7 billion when agreed in April 2024.
Ebara group companies Hayward Gordon ULC and EBARA Pumps Canada merged into EBARA HG ULC, which makes industrial pumps and mixers. Scott Turbon Mixer was renamed EBARA Mixers Inc.
Formosa Laboratories, a Taiwan-based API supplier and CDMO, has completed the acquisition of SynChem, a contract research laboratory located in suburban Chicago. SynChem will now operate as SynChem-Formosa.
Atlas Copco has acquired the business of Mont-Tech Ltd., a Czech engineering company specializing in assembly automation solutions. Mont-Tech is headquartered in Brno and had revenues of EUR 3.5 million in 2023.
Huakai Yibai Technology Co., Ltd. completed the acquisition of Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co., Ltd. for CNY 490 million.
South Africa's Competition Commission conditionally approved KSB's proposed acquisition of Davron, Davron KZN and Davron Services, fire protection pumpset makers. The commission found the deal unlikely to substantially lessen competition.
Turkish steel company Tosyali Group acquired Bastug Metallurgy, a steel plant in Osmaniye, Turkey, on July 3, 2024. The plant has an electric arc furnace capacity of 2 million tons of steel per year and a rolling mill capacity of 1.25 million tons per year.
DOF Group agreed to acquire all shares in Maersk Supply Service from A.P. Moller Holding for $1.1 billion, with A.P. Moller Holding receiving 25% of the combined company. The transaction is expected to close by end of 2024.
Sila Services has acquired Gary & Sons, a heating and cooling company in Falls Creek, Pennsylvania, strengthening its HVAC services in the Mid-Atlantic region.
Fortifi Food Processing Solutions has completed the acquisition of LIMA, a French designer and manufacturer of protein processing equipment, including separating, grinding, deboning and desinewing machinery.
CBF Balducci, an Italian workwear company, completed the acquisition of a 49.5% stake in P&P Loyal, a group partnered with Indian textile conglomerate Loyal Textile Mills. The deal aims to expand CBF Balducci's international presence and share know-how.
Quest Precision Engineering Ltd has added a Nakamura MX-100 turning centre, purchased from RAM Engineering & Tooling, to its plant list. The machine was delivered in 2024, continuing the company's expansion of its Nakamura-Tome turning centre fleet.
Trafigura and its joint venture partner Frontier Group of Companies have completed the acquisition of the 808MW Mountain Creek gas-fired power plant in Texas from a group of financial investors for an undisclosed sum.
Nano Dimension Ltd. has entered into a definitive agreement to acquire all outstanding shares of Desktop Metal, Inc. in an all-cash transaction valued at approximately $183 million, or $5.50 per share.
Schunk Group acquired a majority stake in MS Ultrasonic Technology Group (UTG), a provider of ultrasonic welding solutions for plastics, to expand its portfolio into plastic welding.
C.B.F. Balducci GROUP S.p.A. acquired a 49.5% stake in Gruppo P&P Loyal S.p.A., a workwear company, to expand internationally and exchange know-how.
Dacke Industri completed the acquisition of 70% of the shares in Airon Srl, a Rovigo, Italy maker of pneumatic actuators and valves, on 3 July 2024. The existing owners keep the remaining 30%.
Hood Container Corporation agreed to buy the packaging assets of Independent II, LLC, including its corrugated, design and manufacturing operations in Louisville, Kentucky. The transaction is expected to close in the near future.
Guerrilla RF acquired Gallium Semiconductor's portfolio of GaN power amplifiers and front-end modules, including related IP, to develop new GaN products for wireless infrastructure, military, and satellite communication applications.
Atlas Copco Industrial Technique AB has acquired AB Swed-Weld Fides, a Swedish supplier of smart automated screw and nut feeding systems focused on the automotive industry.
The FAYAT Group acquired a controlling interest in Asphalt Drum Mixers (ADM), a manufacturer of asphalt plants based in Huntertown, Indiana. The acquisition strengthens FAYAT's position in the North American road construction equipment market.
onsemi completed the acquisition of SWIR Vision Systems, a provider of colloidal quantum-dot-based short wavelength infrared technology. The acquisition will enhance onsemi's intelligent sensing portfolio for industrial, automotive, and defense markets.
F.B.L. Food Machinery, controlled by Entangled Capital Sgr, acquired Bondani, an Italian packaging machinery company. The acquisition integrates Bondani's technology and clients, boosting F.B.L.'s revenue to over €15 million.
Daniels Manufacturing Corporation (DMC) has acquired MCD-Tools GmbH, which will be renamed DMC Europe GmbH. The acquisition aims to support long-term growth and maintain existing jobs.