Plastchim-T now owns 100% of the shares of Manucor, a biaxially oriented polypropylene manufacturer with a production and logistics centre in Sessa Aurunca, Italy, as of 30 April 2024.
2JCP a.s. and its subsidiary 2JCP Třebíč a.s. merged into one legal entity on April 1, 2024, combining engineering and manufacturing for low-emission energy projects in Račice and Třebíč, Czech Republic.
Sdiptech AB completed the acquisition of JR Industries Ltd in the UK during the first quarter of 2024.
Actemium, a brand of Vinci Energies, has acquired Bourgogne Automation System (formerly ATS Solutions), a manufacturer of special machines, from the ATS Group. The acquisition includes all assets, the brand, customer portfolio, the factory in Fontaine-lès-Dijon, and 100% of employees.
HOERBIGER, through its subsidiary Deublin Company, acquired Diamond-Roltran, LLC, the world's leading manufacturer of maintenance-free slip rings (Roll-Rings®). The acquisition was expected to be completed on March 31, 2024, and expands HOERBIGER's position in rotary unions and slip rings.
DCL Engineering Pty Ltd announced the acquisition of Williamson Tool & Engineering, a family-owned CNC machining company in Chipping Norton, Australia. Williamson Tool & Engineering will operate as a division of DCL Engineering.
Borealis closed the acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling company with a plant in Elin Pelin that has an annual output capacity of more than 20,000 tons of polyolefin recyclates.
Epta and Viessmann Refrigeration Solutions finalized their joint venture, Epta Central North Europe B.V., after antitrust approval. The venture combines VRS's commercial refrigeration activities in nine European countries with Epta's operations in five countries, with Epta holding 70% and VRS 30%.
ZF Rane Automotive India acquired TRW Sun Steering Wheels, a joint venture between Sun Group and ZF Group, for an undisclosed sum. TSSW manufactures steering wheels in Gurugram and Pune.
Apollo-managed funds agreed to acquire a majority stake in Panasonic Automotive Systems from Panasonic Holdings at a total enterprise value of ¥311 billion. Panasonic will retain a minority stake.
Samsung Electronics is reportedly competing to acquire the heating and ventilation division of Johnson Controls for $6 billion, according to Reuters. Other bidders include Robert Bosch and Lennox International.
TeraPlast Group completed the acquisition of 100% of Wolfgang Freiler Group's shares from the Uhl family for EUR 16.53 million, taking ownership of six companies including WF Kunststoff Handels and Wolfgang Freiler GmbH.
AUNDE Achter & Ebels GmbH will acquire an 80% stake in TB Kawashima Co., Ltd., a subsidiary of Toyota Boshoku Corporation, to expand their partnership in automotive technical textiles. The deal is subject to antitrust approval.
IMCD Benelux, a subsidiary of IMCD N.V., has fully acquired Gova Ingredients, a distributor of beauty and personal care ingredients based in Hoogerheide, Netherlands. Gova had a revenue of around EUR 6 million in 2023.
CES Power, backed by Allied Industrial Partners, has acquired ABird Limited and Apex Generators Limited from HSS Hire Group. The acquisition expands CES Power's presence in the UK and Europe with portable power solutions for industrial and event use.
Brazilian mining company Vale agreed to acquire the 45% stake it did not already own in power generation company Aliança Geração de Energia for R$ 2.7 billion (US$545 million). Vale will then seek partners for a new energy platform.
Schneider Electric acquired Zenatix, an IoT-powered automation company for commercial buildings in India. The acquisition was announced on March 28, 2024.
KCC Corporation, the majority shareholder of Momentive Performance Materials, has agreed to acquire the remaining shares from minority shareholder SJL Partners, making Momentive a wholly owned subsidiary. The transaction is subject to customary closing conditions.
Shangfeng Cement announced that its subsidiary Zhejiang Shangfeng Building Materials and Xinjiang Tianshan Cement's joint venture, Xinjiang Tianfeng Investment Co., Ltd., plans to acquire 100% of Xinjiang Bohai Cement Co., Ltd. Bohai Cement has a 5,500 t/d clinker line and a 1 million t/y cement grinding line in Bortala, Xinjiang.
Caverion Österreich GmbH, a technical facility services provider, acquired the refrigeration and air conditioning business of Climacraft GmbH through an asset deal. The acquisition was announced on March 28, 2024.
Daikin Europe N.V. acquired BKF Klima, a Danish HVAC distributor, on March 28, 2024. Daikin will also open a training center and experience center in Brøndby, Denmark.
AND&OR Group, an industrial automation company, acquired ICEBEL, a Portuguese company specializing in cold end equipment for the glass container industry, on March 28, 2024.
Krones AG completed the acquisition of Netstal-Maschinen AG from KraussMaffei Technologies GmbH on March 28, 2024. The deal was agreed on January 29, 2024 for approximately €170 million.
Polynt S.p.A. entered a non-binding Memorandum of Understanding to acquire Polyprocess, a supplier of specialty gelcoats and color pastes, including its production plant in Saint-Jean-d’Illac, France. The transaction is expected to complete by the end of April 2024.
Keysight Technologies, Inc. agreed to acquire Spirent Communications plc for approximately £1.2 billion on March 28, 2024. The acquisition is subject to shareholder and regulatory approvals.
DAIHEN Corporation agreed to acquire Rolan Robotics B.V., a robotics company, on March 28, 2024. The stock transfer agreement is planned for April 5, 2024.
The Jones Family of Companies acquired Cades Consulting, a mechanical and engineering company providing consulting and maintenance services to the textile industry, as reported on March 27, 2024.
Isolatek International announced on March 27, 2024 that it has acquired certain assets of Albi Protective Coatings, a subsidiary of StanChem Resins based in East Berlin, Connecticut. Albi supplies fire-resistive and thermal-resistive protective coatings.
MTD (Medical Technology and Devices) announced the acquisition of Ypsomed's pen needle and blood glucose monitoring (BGM) businesses. The deal strengthens MTD's position in diabetes care and is expected to close in summer 2024.
Metis Group has entered into an agreement to acquire A1 Electronics, a provider of electronics manufacturing services based in Almelo, Netherlands. The current management will remain as minority shareholders.
Owen Mumford has acquired Empelvic, a Danish brand specializing in pelvic floor cushion technology, to expand its pelvic and sexual health portfolio.
Polywood, a leading high-density polyethylene outdoor living brand, was sold to Arsenal Capital Partners in partnership with BayPine LP. Financial terms were not disclosed.
Diploma PLC announced the proposed acquisition of Peerless Aerospace Fastener LLC, a distributor of specialty fasteners into US and European aerospace markets, for approximately £236 million ($300 million). The transaction is expected to complete in the next few weeks.
Ishida Europe has acquired South African packaging equipment manufacturer National Packaging Systems (NPS) to expand its footprint in Africa. NPS will continue to trade as a separate business within the Ishida group.
Ypsomed has signed an agreement to transfer its pen needle and blood glucose monitoring systems businesses to Medical Technology and Devices S.p.A. (MTD). The businesses had sales of CHF 52 million in FY 2022/23.
PT Roket Cipta Sentosa, a subsidiary of PT Elang Mahkota Teknologi Tbk, will acquire 41.15% of PT Cardig Aero Services Tbk from PT Cardig Asset Management and PT Dinamika Raya Swarna for IDR 704.14 billion.
Alamos Gold Inc. agreed to acquire all shares of Argonaut Gold Inc. for total consideration of approximately US$325 million. The acquisition includes Argonaut's Magino mine adjacent to Alamos' Island Gold mine in Ontario, Canada, and is expected to create one of Canada's largest and lowest cost gold mines.
Honeywell announced its intention to acquire Civitanavi Systems S.p.A., a leader in high-precision inertial navigation and stabilization solutions, for approximately €200 million to strengthen autonomous operations offerings in aerospace.
INDUS Holding's HORNGROUP subsidiary Pneumatic Components agreed to buy 100% of COLSON X-Cel, a Rotherham, UK maker of industrial valves for measurement and control, which has about 40 employees.
Becker Pumps Corp has completed the acquisition of Air-Vac Systems Inc, a vacuum pump and air compressor sales and service provider in El Cajon, California, to expand its repair and service network across the US and Canada.
INDUS Holding AG's portfolio company HORNGROUP, via Pneumatic Components Ltd, is buying 100% of COLSON X-Cel Ltd, a Rotherham-based maker of industrial measurement and control valves with about 40 employees and sales of around EUR 7 million.
Redpath (Australia) Holdings Pty Ltd, a wholly owned subsidiary of Redpath Mining Inc., has signed a share purchase agreement to acquire RUC Mining Contractors Pty Ltd, pending regulatory approvals.
Usami Koyu Corp. agreed to acquire PIAA Corporation from Ichikoh Industries, Ltd. for ¥3.5 billion on March 27, 2024. PIAA Corporation reported net assets of ¥2.2 billion and sales of ¥9.7 billion as of December 31, 2023.
Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer for the U.S. Navy and marine defense customers.
Redpath Australia, a subsidiary of Redpath Mining, has signed an agreement to acquire RUC Mining Contractors in Australia. The acquisition is subject to regulatory approval.
Belgian insulation distributor IPCOM has acquired RSL Group, a UK and Ireland refrigeration and air conditioning distributor with over 50 employees and sales exceeding EUR 20 million. RSL Ireland technical director Seamus Kerr becomes managing director.
Heleon Group, parent of Gillain & C°, acquires a 70% stake in Dutch pump manufacturer Spin Pompen. Spin Pompen will continue to operate autonomously.
Impel Company, a Pike Street Capital platform, has acquired Rockwell Engineering and Equipment, a provider of pumps and water management solutions in California and Nevada. The transaction closed March 15, 2024.
Prototypen AB has acquired all shares of Karlskoga Automation AB, including its stakes in Etab Data AB and Neurolearn AB. Karlskoga Automation, with revenue of about 60 million SEK, specializes in industrial control, PLC and robot programming, and electrical cabinet construction.
Lonestar Forklift has acquired Permian Machinery Movers, a material handling company with over 70 employees in El Paso and Odessa, Texas. The acquisition expands Lonestar's reach into west Texas.