Rhinestahl Corporation announced an agreement to acquire HYDRO Systems KG. The combined entity will be named RH Aero Systems, creating a leader in aviation support equipment and services.
Ombra Group Inc acquired 75% of IUT Medical GmbH, a German company specializing in gas and hazardous chemical detection systems, to combine AI capabilities with detection technology for public health and safety applications.
ALMAWATECH and BHU Leonberg, both water and wastewater treatment companies with the same family shareholder structure, have merged into a single legal entity operating under the ALMAWATECH name. The BHU product group will remain at the Leonberg site.
JTL Industries has acquired a 67% stake in Nabha Steels and Metals for an undisclosed amount. The acquired plant in Mandi Gobindgarh, Punjab, has an annual production capacity of 200,000 tonnes of steel products.
Sandvik has signed an agreement to acquire Almü, a Germany-based cutting tools and solutions provider for aluminum machining. The acquisition strengthens Sandvik's offering for lightweight components in the automotive segment.
CRH acquired BoDean Company and Northgate Ready Mix in Santa Rosa, California, adding two aggregate quarries, two ready-mix concrete plants, one asphalt plant, and one recycle plant to its operations. This marks CRH's first entry into California through its Materials Solutions business.
Abu Dhabi National Energy Company (Taqa) announced the completion of its acquisition of Sustainable Water Solutions Holding Company (SWS Holding) for AED 1.7 billion ($463 million). SWS Holding is responsible for wastewater collection and treatment in Abu Dhabi.
PMD Device Solutions announced its intention to enter a transfer agreement to purchase the US subsidiary and IP portfolio of Coala-Life Group AB, which filed for bankruptcy on March 22, 2024. The transaction is expected to close by April 10, 2024.
ERS electronic GmbH has finalized an agreement to acquire Geringer Halbleitertechnik GmbH & Co. KG, integrating its team and facilities in Barbing, Germany, to serve as a hub for its Advanced Packaging Equipment Solutions Business Unit.
Anhui Heli Co., Ltd. announced it will acquire 64.5923% of Anhui Yufeng Intelligent Technology Co., Ltd. for 271 million yuan in cash and invest an additional 100 million yuan, for a total of 371 million yuan, to hold 71.4172% of Yufeng Intelligent. Yufeng Intelligent provides smart warehousing equipment and logistics system integration.
Independent packaging group Zeus has acquired The Weedon Group, an integrated corrugated manufacturer with over 250 staff at sites in Manchester and Staffordshire and revenues above £30 million. The deal lifts Zeus's expected annualised revenues to €560 million.
An affiliate of H.I.G. Capital completed the acquisition of Segers Aero Corporation, an FAA-certified provider of engine, accessory and propeller maintenance, repair and overhaul services for C-130 and similar aircraft. Segers is headquartered in Fairhope, Alabama, and H.I.G. will partner with current management.
Denmark-based Micro Matic has acquired Croatia-based Oprema, according to SeeNews. Deal terms and products were not detailed in the article.
Brenntag Specialties acquired Lawrence Industries Ltd., a UK-based specialty chemicals distributor, to strengthen its position in the UK and Ireland within Material Science and CASE industries.
Hübner-KTB Oberflächentechnik GmbH acquired shares in TECLAC Werner GmbH, a specialist in painted plastic surfaces for the automotive supply industry, to expand its portfolio in surface finishing.
Quality Aircraft Accessories (QAA), a subsidiary of Hartzell Aviation, acquired substantially all assets of Approved Turbo Components (ATC), a turbocharger overhaul and repair company. ATC's operations will be relocated to QAA's Tulsa, Oklahoma facility.
CRH Americas Materials Solutions has acquired BoDean Company Inc. and Northgate Ready Mix LLC of Santa Rosa, California, including two quarries, one asphalt plant, one recycling plant, and two concrete plants, entering the California market.
C.B.F. Balducci group, an Italian workwear company, has acquired a 49.5% stake in P&P Loyal, a workwear clothing distributor. The deal aims to support international expansion.
Henry Schein, Inc. announced the completion of the acquisition of a majority stake in TriMed, Inc., a manufacturer of orthopedic devices for lower and upper extremities. The acquisition was announced in December 2023. Financial terms were not disclosed.
Mindray (Shenzhen, China) announced its intention to acquire control of APT Medical (Shenzhen, China), a cardiovascular medical device company, for $927 million using its own funds via share transfer and waiver of voting rights.
XCC-ZXZ Group, a global automotive parts manufacturer, has acquired a majority stake in WJB Automotive LLC, a North American hub and bearings business. The deal aims to drive growth and innovation, including the launch of the InMotion Automotive Parts brand.
Pedalpoint Holdings, a U.S. subsidiary of Korea Zinc, acquired 100% of global scrap metal trading company Kataman Metals for USD 55 million.
IES Holdings, a Houston-based electrical and technology company, acquired a controlling stake in Greiner Industries, a steel fabricator in Mount Joy Township, Pennsylvania. The deal includes the 450,000-square-foot facility and 60 acres for $13 million.
Exro Technologies Inc. completed the acquisition of SEA Electric Inc., making SEA Electric a wholly-owned subsidiary. The merger was approved on April 4, 2024, and closed on April 5, 2024.
Johnson & Johnson announced a definitive agreement to acquire Shockwave Medical for $335.00 per share in cash, representing an enterprise value of approximately $13.1 billion. The acquisition expands Johnson & Johnson MedTech's cardiovascular portfolio.
Ypsomed AG sold its pen needle and blood glucose monitoring business to MTD Medical Technology and Devices S.p.A. The divestment allows Ypsomed to focus on its mylife Loop insulin pump solution.
Rath Group acquired a 33% stake in Avanee Refsol India and is setting up production in Visakhapatnam, Andhra Pradesh. Production is scheduled to start in early 2025 with an annual capacity of 20,000 tons of refractory products.
IPD Group announced the strategic integration (merger) of its subsidiaries Addelec and Gemtek, combining Addelec's low and high-voltage electrical solutions with Gemtek's EV charging infrastructure expertise.
Geistlich Pharma AG has signed an agreement to acquire Brazilian medical technology company Bionnovation Biomedical, expanding its regenerative product portfolio for dentistry in Latin America and other emerging markets.
Øgreid, a family-owned company from Stavanger, Norway, has become a partial owner in Amitec with 40% of the shares. The Heggernes family retains majority ownership.
Private credit funds are reportedly in talks to provide up to $2.5bn of financing for a sale of US metal packaging maker Trivium Packaging, which could be worth more than $3.5bn, according to Bloomberg sources.
Kiwibot announced the acquisition of AUTO Mobility Solutions Co, a Taiwan-based company specializing in IC chips for AI, autonomous vehicles, and IoT.
Private equity firm Westward Partners acquired Globe Machine, a manufacturer of complex factory machinery and automation systems, in early April 2024. The deal aims to accelerate growth and expand into industrial automation and aftermarket services.
Thompson Capital Partners acquired Evaero, Inc., an Arizona-based supplier of mission critical components for the aerospace and defense industry. The president and second-generation owner Christian Frueh will continue in his role.
Mitsubishi Electric acquired France-based air conditioning group Aircalo to strengthen its European HVACR operations, particularly in custom hydronic systems and fan coil units.
Carl Zeiss Meditec AG announced it has completed the acquisition of 100% of Dutch Ophthalmic Research Center (D.O.R.C.) from Eurazeo SE after securing all required regulatory approvals.
Holcim has signed an agreement to acquire Tensolite, a manufacturer of precast and pre-stressed concrete systems with $22 million in net sales in 2023. Tensolite has plants in Argentina, Paraguay and Uruguay, and the deal is expected to close in Q2 2024.
Hexagon has acquired Itus Digital, a Roanoke, Virginia-based provider of asset performance management software. The acquisition was announced on April 4, 2024, and Itus Digital will operate within Hexagon's Asset Lifecycle Intelligence division.
Marubeni Corporation acquired a 74% stake in DTDS Technology Pte Ltd, an electronic component distributor in Singapore, to expand its electronic components distribution business in the ASEAN and India markets.
Henkel has completed the acquisition of Seal for Life Industries LLC, a specialized supplier of protective coating and sealing solutions for infrastructure markets, from Arsenal Capital Partners.
Emboline, Inc. announced the acquisition of a significant portfolio of key intellectual property from SWAT Medical AB for aortic embolic protection during interventional cardiology procedures.
Nampak agreed to sell its South African liquid cartons business and its stakes in Nampak Zambia and Nampak Malawi to a consortium of RMB Corvest and Dlondlobala Capital for R450 million.
Atlas Copco signed a deal to acquire the vacuum-related assets and brand of Mexican firm MEISA, which supplies vacuum pumps and services to industrial customers from Queretaro and Monterrey.
SunTower Machine Company, a manufacturer of industrial machinery based in Tempe, Arizona, was acquired by Liberty Machining in April 2024.
Saint-Gobain, through its subsidiary CertainTeed Canada, announced its intent to acquire The Bailey Group of Companies, a Canadian manufacturer of metal building solutions, for C$880 million. The acquisition includes Bailey's 12 manufacturing sites across Canada and approximately 690 employees.
Yamaha Motor has closed its acquisition of Torqeedo, a marine electric propulsion company, from DEUTZ AG. The deal supports Yamaha's Marine CASE Strategy for carbon neutrality.
ABB has agreed to acquire a majority of software service provider Meshmind to expand its R&D capabilities in AI, Industrial IoT, and machine vision. The acquisition will create a new global R&D hub in Sarajevo, Bosnia, for ABB's Machine Automation division (B&R).
VivoPower's subsidiary Tembo e-LV has entered a binding heads of agreement to merge with NASDAQ-listed Cactus Acquisition Corp. 1 Limited (CCTS) at an indicative equity value of $838 million. The combined company will be named Tembo Group.
Karl Storz has entered into a non-binding letter of intent to acquire Asensus Surgical, a surgical robot maker, for 35 cents per share in cash. The deal includes a bridge loan of up to $20 million.
Chaney Enterprises has agreed to acquire Chandler Concrete, a ready-mix, block masonry, and hardscapes company operating in North Carolina, Virginia, West Virginia, and Eastern Tennessee. The acquisition includes 44 ready-mix plants, three block plants, and one building supply store.