Novartis completed its acquisition of MorphoSys in May 2024, holding approximately 91.04% of shares as of June 20, 2024. Novartis plans to squeeze out minority shareholders and delist MorphoSys, offering EUR 68.00 per share.
Dow signed an agreement to acquire Circulus, a recycler of plastic waste into post-consumer resin, including two facilities in Ardmore, Oklahoma and Arab, Alabama with a total capacity of 50,000 metric tons per year. The transaction is expected to close in Q3 2024.
Honeywell agreed to acquire Air Products' liquefied natural gas process technology and equipment business, including coil-wound heat exchanger manufacturing, for $1.81 billion in cash, about 13x estimated 2024 EBITDA.
Tate & Lyle agreed to acquire CP Kelco, a pectin and speciality gums maker, from J.M. Huber for a total implied consideration of US$1.8 billion on a cash-free, debt-free basis.
John Bean Technologies Corporation (JBT) announced it expects approval from the Icelandic FSA for its voluntary takeover offer to acquire all shares of Marel, a food processing equipment maker.
BMS-Stangeland A/S has completed the acquisition of Havator Group Oy, a crane services company, after receiving final approval from Swedish authorities. The acquisition was announced on 24 April 2024.
Arabelle Solutions, a French subsidiary of EDF Group, has acquired 100% of the shares in Power Solutions Poland from GE Power sp. z o.o. The deal is part of EDF Group's acquisition of GE Vernova's steam nuclear activities.
Aerotec Europe Holding GmbH, a subsidiary of Borromin Capital Fonds IV, has acquired Aviationscouts, a reseller and service provider for used aircraft interior components. As part of the deal, Aviationscouts will also acquire 100% of B2L GmbH & Co. KG.
Qassim Cement Company (QCC) has completed the acquisition of Hail Cement Company (HCC) for US$378m. The transaction was initially announced on 25 September 2022.
Beijer Ref has signed an agreement to acquire 80% of the shares in Cool4U, a leading HVAC distributor in Hungary, with an option to acquire the remaining shares. The acquisition is subject to approval by the Hungarian competition authority and FDI screening.
Investment company Gimv has acquired a majority stake in SMG Sportplatzmaschinenbau GmbH, a German manufacturer of sports field machinery. The transaction value was not disclosed.
Lime Rock Partners, together with CEO Gideon Hixon and the A&B management team, announced on June 19, 2024 the management buyout of A&B Valve, a Houston-headquartered valve distributor, installer and actuation provider serving the Permian Basin from Midland, Texas and Carlsbad, New Mexico. The purchase price was not disclosed.
Plutus Investments and Holding Private Limited signed a share purchase agreement to acquire a 53.9% stake in Windsor Machines Limited from Castle Equipments Pvt Ltd for INR 3.5 billion on June 18, 2024.
CoolSys acquired Universal Refrigeration, an HVAC service provider in Western Washington, to strengthen its presence in the Pacific Northwest region.
FAMI, a leader in industrial furniture and commercial vehicle outfitting, acquired a 90% stake in HEKLA, a plastics molding and technical components company. The acquisition strengthens FAMI's market position and product offering.
PPB Group acquired a 15% stake in Techbond (TECHBND) for RM38 million in cash, with additional warrants potentially increasing total outlay to RM49 million. The deal follows Techbond's earlier acquisition of PPB's adhesive unit Malayan Adhesives and Chemicals.
Boston Scientific agreed to acquire Silk Road Medical, a medical device company focused on stroke prevention via the TCAR procedure, for $27.50 per share, enterprise value of approximately $1.16 billion.
WEG S.A. agreed to acquire Marathon Electric Motors (India) Ltd. from Regal Rexnord Corporation. The agreement was announced on June 17, 2024, with the deal dated June 18, 2024.
Packaging manufacturer Berkley announced the acquisition of family-owned corrugated sheet plant Sisco Corporation, based in Nashville, Illinois, to expand its in-house corrugated manufacturing.
Epiroc has agreed to acquire the remaining 66% of ASI Mining, a US-based autonomous mining solutions company. Epiroc already owned 34% since 2018. The acquisition requires regulatory approval.
EBNER GROUP has increased its stake in GNA alutech inc. to 100%, completing the full acquisition. GNA is a provider of aluminum melting and holding furnaces, homogenizing and annealing furnaces, and cathode sealing equipment.
MinebeaMitsumi has acquired Hitachi Power Semiconductor Device and renamed it Minebea Power Semiconductor Device Inc. The acquisition strengthens MinebeaMitsumi's core products in high-precision and mass-production technologies.
China Everbright Water Limited established a joint venture, EW Water (Anyang) Co., Ltd., with Shanghai Communications Construction to operate a wastewater treatment plant in Anyang City, Henan Province. China Everbright holds a 99% stake.
Azelis has signed an agreement to acquire 100% of the shares of CPS Chemicals (Coatings), a specialty chemicals distributor in South Africa serving the paint, ink, resins, paper, plastics, and rubber industries. The acquisition expands Azelis' footprint in South Africa.
WestRock stockholders voted to approve the transaction agreement for a combination with Smurfit Kappa, creating Smurfit WestRock. Completion remains subject to conditions, and stockholders would receive one new share plus $5.00 in cash per WestRock share.
Engineered Materials Solutions LLC (EMS), part of the Wickeder Group, acquired Thin Metal Parts LLC (TMP), a Colorado Springs-based manufacturer of precision micro-components for defense, aerospace, medical and audio markets.
United Rentals, the world's largest equipment rental company, acquired Orange Hire, an Australian supplier of earthmoving and traffic management solutions, effective June 15, 2024. Orange Hire will operate as United Rentals Australia Pty Ltd while retaining the Orange Hire trading name.
MARKTEC Corporation decided to acquire all shares of Tohoku Chemical Industry Co., Ltd. from ALCONIX Corporation, making it a wholly owned subsidiary.
Zeon Corp. will acquire Sumitomo Chemical's 40% stake in ZS Elastomers, a solution styrene-butadiene rubber joint venture, making it a wholly owned subsidiary effective October 1, 2024.
Poltrona Frau Interiors in Motion, a business unit of Poltrona Frau, acquired a majority stake in KJ Ryan Ltd, a UK-based manufacturer of high-end interior components for luxury cars. The acquisition was announced on June 14, 2024.
Creagh Concrete Products Limited completed the acquisition of Norman Emerson Group, a Co Armagh sand extraction and ready-mixed concrete firm, on June 13, 2024.
LynTec, a subsidiary of Chauvet, has acquired Juice Goose, a maker of power distribution, conditioning, and control equipment for the commercial AV market. The acquisition expands LynTec's power solutions portfolio.
Alta Semper Capital has entered into definitive agreements to acquire Allmed Group, a producer of blood purification and haemodialysis solutions. The transaction is expected to complete in June 2024, giving Alta Semper a controlling stake.
PT Inti Cakrawala Citra (ICC), a Salim Group company, is acquiring 18,290 hectares of land in Padalarang, West Java, from PT Falmaco Nonwoven Industri Tbk for IDR 80 billion.
BRUSH Group acquired Edinburgh-based Rybka Limited, an engineering consultant specializing in mechanical, electrical and public health systems. The acquisition expands BRUSH's portfolio and gives it a foothold in the Scottish market.
Ambuja Cements, part of Adani Group, signed a binding agreement to acquire 100% of Penna Cement Industries Ltd (PCIL) at an enterprise value of INR 10,422 crore. The acquisition will be funded through internal accruals and adds 14 MTPA cement capacity.
Duplomatic MS announced the acquisition of EATA, an Italian company based in Busto Arsizio that designs and manufactures chillers, heat exchangers, and air conditioners for electrical cabinets. The acquisition expands Duplomatic MS's product portfolio for industrial temperature regulation.
RGF Environmental Group acquired Southeast Coating & Fabrication, a Florida powder coating company, to enhance its vertical manufacturing capabilities. The acquisition will bring powder coating production in-house at RGF's West Palm Beach facility.
Liberty Lane Partners, with St. Cloud Capital, acquired Superior Huntingdon Composites, a manufacturer of fiberglass reinforcements and veils for advanced composites, from Stonewood Capital Management. The deal positions Superior Huntingdon for growth in composite applications.
TRANSTEX acquired DClimate Inc., a manufacturer of electric auxiliary power units (eAPUs) for trucks, to expand its product portfolio in fleet efficiency and driver comfort solutions.
Technical textiles business Wilkie has acquired Bradford Coatings, based in Lowell, Massachusetts, marking its first expansion into North America. The deal adds around $8 million to Wilkie's revenue and includes 25 employees.
Brazilian pulp producer Suzano S/A will acquire a 15% stake in Lenzing AG from B&C Group, becoming a core shareholder of the Lenzing Group, a supplier of regenerated cellulose fibers.
SK Telecom is seeking to merge its fabless unit Sapeon with Korea-based chip designer Rebellions to create a new entity focused on AI chips. The merger is expected to be finalized within Q3 2024, with a new entity established by end of 2024.
Inner Mongolia Mengtai Group, through its subsidiary Mengtai Germany GmbH, has acquired 100% of Alu Menziken Extrusion AG from Montana Aerospace AG. Alu Menziken is a manufacturer of lightweight aluminum components with facilities in Switzerland, Austria, and Romania.
Positron Corporation has entered an agreement to acquire the FDA 510(k) clearance for the NeuSight PET-CT imaging system from Neusoft Medical Systems' subsidiary Shenyang Intelligent Neuclear Medical Technology Co. The deal value was not disclosed.
NRW Holdings subsidiary Golding Contractors will acquire the mining services contract, fleet and employees from HSE Mining at Stanmore Resources' South Walker Creek mine in Queensland for A$85 million, less assumed employee liabilities of about A$15.3 million.
Asco Pompe acquired the majority of shares in Mencarelli Pompe e Valvole of Bresso, near Milan, to broaden its fluid handling product portfolio. Guido Mencarelli stays as chairman and retains part of the shares.
Doosan Bobcat decided to acquire 100% of South Korean hydraulic component maker Mottrol for 246 billion KRW. The deal is expected to close in September 2024, subject to KFTC approval.
BHD, a technical textile manufacturer, acquired Printable Technical Textiles on June 11, 2024.
GINDUMAC Group acquired a majority stake in Wehrmann GmbH & Co. KG, a B2B platform for used woodworking machinery, retroactively effective January 1, 2024. The deal strengthens GINDUMAC's platform model in the woodworking machinery sector.