Foreman Capital has agreed to acquire a majority stake in DST-CHEMICALS A/S, a Danish manufacturer of eco-friendly specialty metal cleaning products. The financial terms were not disclosed.
FORVIA completed the acquisition of the remaining 50% shares from Aptoide in the joint venture Faurecia Aptoide Automotive, gaining full ownership of the automotive apps distribution platform.
Investment company Lemnos Capital acquired 100% of Cartonajes Limousin, a corrugated cardboard packaging manufacturer in Tolosa, Gipuzkoa, Spain, and plans to expand its product range and regional markets.
Dürr Group agreed to sell Danish filling-technology subsidiary Agramkow Fluid Systems and its two subsidiaries to Swedish investment company Solix Group, at an enterprise value of EUR 47 million.
Jidong Cement, a subsidiary of Jinyu Group, agreed to purchase a 40% stake in China-Africa Jidong Building Materials Investment from the China-Africa Fund for approximately RMB 200.1 million. The target company holds a stake in Mamba Cement in Africa.
Jidong Cement, a subsidiary of BBMG, agreed to acquire a 40% stake in China-Africa Jidong Building Materials Investment from China-Africa Fund for approximately 200 million yuan, gaining control of Mamba Cement in Tanzania.
Rexel S.A. entered into an agreement to acquire ITESA from the Pages family. ITESA had 158 employees and reported a turnover of €78 million in 2023. The transaction is subject to regulatory approval and expected to close in H2 2024.
Trelleborg Group, through Trelleborg Industrial Solutions, acquired the Fairprene and FluoroSeal product brands, production equipment, customer base, and intellectual property from Alpha Engineered Composites. The acquisition was finalized on December 30, 2021.
Hydrite acquired Fife Water Services Inc., a water treatment supplier, and Precision Polymer Corporation, a custom blend manufacturer, effective April 26, 2024. The acquisitions expand Hydrite's water treatment market reach in the food industry.
Solar Atmospheres has acquired Certified Metal Craft Inc. (CMC) in San Diego, California, establishing its 6th nationwide location and bolstering its West Coast presence. CMC provides heat treating and brazing services.
Uniwater, a Nordic water infrastructure group, has entered an agreement to acquire Biowater Technology AS, a water treatment specialist. The acquisition expands Uniwater's geographical reach and specialist expertise.
Jiangxi Trace Optical Co., Ltd. has concluded a transaction to acquire one hundred percent shares of Shanghai Fengmei Optical Co., Ltd. The deal strengthens Trace Optical's automotive lens business and product mix.
The Sandur Manganese & Iron Ores Limited (SMIORE) has signed a share purchase agreement to acquire a controlling interest in Arjas Steel Private Limited from ADV Partners at an enterprise value of ₹3,000 crore. The acquisition accelerates SMIORE's forward integration into steel and value-added products.
thermondo, a heat pump installation provider, has announced the acquisition of Febesol, a photovoltaic installation company in southwest Germany. The merger creates a group of nearly 1,000 employees with expected annual turnover over EUR 200 million.
WDX S.A., a leader in warehouse solutions, has acquired 100% of shares in VersaBox, a Polish pioneer in autonomous mobile robots (AMR) and automated guided vehicles (AGV) for warehouses.
Jeil Electric announced it will acquire Javes Korea Electronics, an automotive distribution system parts company specializing in wiring harnesses, to expand into the global mobility distribution board market.
Lear Corporation announced a definitive agreement to acquire WIP Industrial Automation, a Spanish systems integrator specializing in advanced automation solutions. The transaction is expected to close by Q3 2024.
Jidong Cement, a subsidiary of BBMG Group, plans to acquire a 40% stake in Zhongfei Building Materials from China-Africa Development Fund for 200.124 million yuan, as approved by the board on April 29, 2024.
The European Commission has approved Carrier Refrigeration's acquisition by Haier.
KODA Enterprises Group, through its portfolio company V-Tek International, acquired A & J Programming, a supplier of programmed chips in San Jose, California. The acquisition was announced on June 17, 2024, with the deal dated April 26, 2024.
V-TEK Holdings acquired A&J Assembly, Inc., combining over 80 years of semiconductor industry experience. A&J's facility in San Jose will continue operations, providing programming and taping services.
Boeing has finalized an agreement with GKN Aerospace to acquire its St. Louis site, ensuring continuity of parts manufacturing for the F/A-18 and F-15 programs. Approximately 550 GKN employees will become Boeing employees.
SYCLEF IBERIA expanded into the Catalan region by signing a deal with DECOFRIO, a Spanish company specializing in commercial and industrial refrigeration and HVAC. DECOFRIO employs over 90 people and is based in Barcelona.
AGCO has acquired an 85% share in a joint venture with Trimble that takes over Trimble's agricultural products line and AGCO's JCA Technologies business, forming PTx Trimble. Trimble retains a 15% interest.
AEFP Group, a leader in aerospace and defense, acquired Trinity Aerospace, a fabrication and assembly company. Trinity will operate as a subsidiary of AEFP Group.
Hitachi Ltd. signed a stock purchase agreement to acquire all shares of MA micro automation GmbH, a German robotic SI provider, for EUR 71.5 million. The transaction is expected to close in the second half of 2024.
EP Corporate Group (EPCG) will acquire a 20% stake in thyssenkrupp's steel business, with discussions for an additional 30% to form a 50/50 joint venture. The transaction is subject to regulatory and supervisory board approvals.
Silvercorp Metals announced its intention to acquire Adventus Mining Corporation by way of an arrangement valued at C$200 million. The transaction is expected to close in summer 2024 and will give Silvercorp a 75% stake in the El Domo-Curipamba project in Ecuador, with Salazar Resources retaining 25%.
Alliance Air Parts, an Oklahoma City-based aircraft de-manufacturer and supplier to the general aviation aftermarket, has been acquired by ACapitalFund. Terms were not disclosed.
Sophora Unternehmerkapital acquired a stake in Flow-Tronic, a Belgian manufacturer of flow measurement devices for water and wastewater, to support international growth.
EOSS Industries, together with Kanzler Verfahrenstechnik and Rieckermann Group, acquired BDI-BioEnergy International GmbH and its shares in BDI Holding GmbH and BDI-BioLife Science GmbH. The BDI Group employs around 140 people.
Ariana Resources plc has entered into a conditional merger agreement to acquire 100% of Rockover Holdings Limited, which owns the Dokwe Gold Project in Zimbabwe with c.1.3Moz gold resources.
Integrated Power (IPS) will acquire ABB's industrial services business, including five service centers for electric motors, generators, and switchgear in Alberta, Ontario, Arizona, Indiana, and North Carolina.
Shareholders of Vitesco AG approved the merger plan with Schaeffler AG on April 24, 2024. The merger is expected to be completed in the fourth quarter of 2024, creating a combined company with €25 billion in revenue.
Polaris Automation has acquired Total Controls Incorporated (TCI), an industrial controls system integrator and panel manufacturer based in Matthews, North Carolina. The acquisition aims to expand technical capabilities and geographic reach.
Leicester Bearings, a specialist in engineering components, acquired Mercury Power Transmission, a player in bearings, power transmission, and fabrication, to expand its capabilities in the mining and quarrying sector.
AMAZONE Group announced the acquisition of Brazilian fertiliser spreader specialist MP AGRO, subject to official approval, to expand its presence in South America.
Allnorth Consultants Limited acquired Dynamysk Automation Ltd., a provider of instrumentation, controls automation, and engineering services. The acquisition closed in early March 2024.
BMS Stangeland A/S acquired the entire capital stock of Havator Group Oy from CapMan Buyout IX Fund and other shareholders. Havator is a Nordic leader in lifting, special transport and heavy haulage services.
Atlas Filtri acquired control of Dese Plast, a company specialized in injection molding of thermoplastic materials, to integrate production of water filters.
Panasonic Heating & Cooling Solutions acquired 40% of the shares of Innova, an Italian manufacturer of hydronic systems, air conditioning and ventilation equipment.
ArtiFlex Manufacturing announced the acquisition of Ingemat, a Spanish engineering company specializing in robotic automation for the automotive sector. Ingemat will continue to be led by its existing management.
Danish HVAC manufacturer TEFCOLD acquired Barcelona-based Horeca Global Solutions, a subsidiary of Eurofred, which offers commercial cooling and Horeca products. The acquired company will be renamed TEFCOLD.
ASK Automotive's board approved a joint venture with Aisin Asia (Thailand) and AISIN Automotive Haryana to market and sell independent aftermarket parts for passenger cars. ASK Automotive will own 51% and invest up to INR 10.71 crore, with the JV becoming its subsidiary.
Interpump Fluid Solutions UK acquired the entire share capital of Alltube Engineering Ltd for 2.3 million euro, as part of its 2024 UK expansion strategy.
Grote Company, a manufacturer of food slicing and assembly equipment, has acquired ProFab, a food industry conveyor manufacturer and millwright based in Springdale, Arkansas. ProFab will remain a standalone operation.
Seagate Technology divested its system-on-chip operations to Avago Technologies International Sales Pte. Limited, a Broadcom subsidiary, for $600 million in cash.
MFG Chemical, a portfolio company of Platte River Equity, acquired H.P. Polymers, a North American paint and coatings resin manufacturer based in Puslinch, Ontario.
American Industrial Partners completed its purchase of Boart Longyear, a provider of drilling services and equipment, through a court-approved plan of arrangement. Boart Longyear is headquartered in Salt Lake City, Utah.
Frontline Machinery, a provider of material processing solutions, acquired Lonetrack Equipment, a market leader of specialized machinery for aggregate, mining, and road construction in British Columbia and the Yukon. The combined entity will operate under the Frontline Machinery brand effective May 1, 2024.