ProMach has acquired Zanichelli Meccanica S.p.A. (Zacmi), a Parma, Italy-based manufacturer of filling, seaming and pasteurization equipment for the food industry. The acquisition expands ProMach's product portfolio in food processing and packaging.
Ascendent Capital Partners will acquire all outstanding shares of Hollysys Automation Technologies for USD1.66 billion, or USD26.50 per share in cash. The deal has been approved by 86.94% of Hollysys shareholders and is subject to regulatory approval.
B&D Industrial acquired American Gear & Engineering, Inc., a gear manufacturer in Westland, Michigan, along with Tech Tool Company, Inc. The acquisition was announced on February 13, 2024.
Zeda, Inc., a global healthcare solutions company, acquired The Orthopaedic Implant Company (OIC), a leader in value-based orthopaedic implants. OIC will operate worldwide as a Zeda Health company.
PremiStar, a commercial and industrial HVAC services provider, has acquired Johansen & Anderson, an HVAC, refrigeration, and piping contractor in Joliet, Illinois. The acquisition expands PremiStar's service density in Will and Grundy counties.
4CAD Group, a French PLM and ERP solutions leader, has acquired Astrée Software, a provider of MES software. Astrée Software will remain a separate legal entity under the presidency of Stéphane Letheule.
Nicomatic, a specialist in interconnection solutions, has acquired French SME Gauthier Connectique, which specializes in aerospace connectivity. The transaction amount was not disclosed.
Eris Lifesciences has acquired a 51% equity stake in Swiss Parenterals Ltd for ₹637.5 crore, with the promoter group acquiring an additional 19%, expanding into sterile injectables and RoW export markets.
Panasonic has acquired a 40% stake in Italy-based hydronic system manufacturer Innova to collaborate on air conditioning, heat pump systems and IoT integration.
Haier Smart Home has entered into a stock purchase agreement to acquire Carrier Commercial Refrigeration from Carrier Global Corporation for approximately $640 million. The transaction is expected to close in the second half of 2024.
Heramba GmbH has completed the acquisition of Kiepe Electric GmbH and Kiepe Electric, LLC from Knorr-Bremse. Kiepe Electric manufactures electrical traction equipment for trams and trolleybuses, with 550 employees and revenues over €140 million.
Energy services firm Expro has agreed to acquire drilling technology company Coretrax for $210 million. The deal is expected to close in Q2 2024.
Coesia, through its company FlexLink, acquired 100% of Automation & Modular Components LLC (AMC), a manufacturer of material handling automation systems and conveyors based in Davisburg, Michigan.
Northern Greece Ceramics (KEBE) acquired and will upgrade a brick production facility in Mihajlovac, Serbia, with a total investment of over €10 million, aiming to double capacity to 600 tons per day initially and reach 1,000 tons per day by 2027.
Fasadgruppen Group AB has agreed to acquire a 60% stake in Elenta AS, a Norwegian company, with an option to buy the remaining 40%. The acquisition is expected to close in the first half of 2024.
Logson Group, headquartered in Coalville, acquired East Sussex-based corrugated packaging manufacturer Challenge Packaging Ltd, which operates from a 10,000 sq m site near Hailsham.
FlexDev, a textile personalization company controlled by Dentressangle, acquired a majority stake in Monblason, a specialist in flocking for professional sports equipment. The deal was announced on February 12, 2024.
Smyrna Ready Mix Concrete has acquired Vulcan Materials Company's ready-mix concrete assets in Texas, including 82 ready-mix plants and 11 volumetric locations. Terms were not disclosed.
ADC Aerospace, a manufacturer of die-cast parts for aerospace and other markets, has acquired Cast-Rite Corporation, a provider of die casting and fabrication solutions. The Cast-Rite business will be transitioned into ADC's Buena Park facilities over four months.
Ambienta SGR SpA is acquiring a majority stake in Officine Maccaferri S.p.A., a provider of environmental engineering solutions, from Carlyle Global Credit, Stellex Capital Management and Man GLG. The transaction is expected to close in Q2 2024.
CRH has finalized its $2.1 billion acquisition of Martin Marietta Materials' Texas cement and ready-mixed concrete assets, including a 2.1 million tonnes capacity cement plant, a network of terminals, and 20 ready-mixed concrete plants.
Loop Energy Inc. and H2 Portable Power Corp Inc. have entered into an amalgamation agreement dated February 9, 2024, for a three-cornered amalgamation. The transaction includes a concurrent $15 million private placement to fund commercialization.
Toyochem Co., Ltd., a subsidiary of Toyo Ink SC Holdings, announced it has executed a Purchase and Assignment Agreement on Dec. 30, 2015 to acquire the exclusive global rights to 11 solvent acrylic PSA products from Rohm and Haas Chemicals LLC, a subsidiary of The Dow Chemical Company. The products will be relaunched under Toyochem's ORIBAIN series.
PG Eectroplast's wholly owned subsidiary PG Technoplast has signed a definitive agreement to acquire 100% of Next Generation Manufacturers (NGM), a manufacturer of consumer durables, air conditioners and televisions. The acquisition will make NGM a wholly owned subsidiary of PGTL and position PGTL as a preferred vendor to Amstrad.
Global Water Technology, Inc. (GWT) acquired C2Water, Inc. (C2) headquartered in Kenilworth, Illinois. C2's president Kevin Buzard joined GWT full-time, merging C2 with GWT's team serving operations across 40 states.
Packaging companies Amcor and Berry Global agreed an all-share merger valued at $8.4 billion, creating Amcor plc, with Berry shareholders receiving 7.25 Amcor shares per Berry share.
Atlas Copco has acquired Arlógica, a compressor distributor and service provider based in Vila do Conde, Portugal, with 9 employees; the purchase price was not disclosed.
Coates has acquired GTH Equipment, a telehandlers and access equipment hire provider headquartered in Sydney, for an undisclosed amount. The acquisition was completed on 9 February 2024.
On February 9, 2024, KANSAI HELIOS signed a share purchase agreement with GREBE Holding to acquire its entire industrial coatings business, WEILBURGER Coatings, which includes WEILBURGER Coatings GmbH in Germany and WEILBURGER Asia Limited in Hong Kong. WEILBURGER Coatings has a turnover of around 150 million Euro and about 600 employees.
German automotive component supplier Webasto announced that Los Angeles-based Transom Capital Group will acquire a majority stake in its EV charging solutions business. Webasto will remain a minority shareholder. The purchase agreement was signed on February 7, 2024.
IBA signed an agreement to acquire all assets of Radcal, a California-based leader in diagnostic X-ray measurement, to strengthen its Medical Imaging Quality Assurance offering and US presence.
Nexans signed an agreement to acquire Italian cable manufacturer La Triveneta Cavi, which employs 700 people across four production units and generates over €800 million in sales.
Harper Plant is joining forces with Lister Wilder, combining two established companies within the Kubota dealer network. The merger expands Lister Wilder's coverage across Central Southern England.
US-based Monolithic Power Systems has acquired Axign, a Dutch fabless semiconductor startup specializing in audio amplifier ICs. The Enschede office will become MPS's Center of Excellence for audio applications.
VIS Hydraulics has completed the acquisition of the remaining 26% of Mecof's shares, bringing its ownership to 100%. The acquisition was completed in recent weeks, finalizing a partnership that began in 2013.
The boards of Rane (Madras) Ltd, Rane Brake Lining Ltd, and Rane Engine Valve Ltd approved a scheme of arrangement to merge Rane Brake Lining and Rane Engine Valve into Rane (Madras), creating a larger auto component player with a combined turnover of ₹3,373 crore.
Owens Corning announced a definitive agreement to acquire all outstanding shares of Masonite International Corporation for $133.00 per share in cash, with an implied transaction value of approximately $3.9 billion. The acquisition strengthens Owens Corning's position in residential building materials.
Core & Main entered into a definitive agreement to acquire Dana Kepner Company LLC and associated entities, announced 9 February 2024.
Belgian packaging group deSter completed the acquisition of the production units of Spanish tableware makers Nupik International and Sky Paper from Dopla, including an automated warehouse in Barcelona, and will operate them as Nupik by deSter.
Piovan Group acquired an additional 1% equity stake in Nu-Vu Conair, reaching a collective 51% stake, consolidating its position in India.
Agôn Electronics and Tronico, both leaders in electronic systems for critical environments, have merged to create the leading French company in this sector. The combined group will generate annual revenue of more than €220 million in 2024.
Beijer Ref AB has signed an agreement to acquire 75% of the shares in GIA Group, a leading air conditioning distributor in Spain with 2023 turnover of SEK 1.1 billion, headquartered in Barcelona.
The Acrotec Group, a Swiss-based manufacturer of high-precision components, has acquired Friedrich Daniels GmbH, a leading manufacturer of surgical instruments based in Solingen, Germany.
Bodo Möller Chemie has acquired a 50.1% majority share in Losi Group, a distribution company specializing in composite adhesives and surface technologies for the aerospace industry, based in Casalpusterlengo, Italy.
De Havilland Canada purchased the assets and ongoing business of Field Aviation Company Inc's Calgary-based aircraft parts manufacturing operations to grow its manufacturing capacity.
Transom Capital Group will acquire a majority stake in Webasto's charging solutions business, with Webasto retaining a minority share. The agreement was signed on February 7, 2024.
Glatfelter signed a definitive agreement to combine with Berry Global's Health, Hygiene and Specialties segment (HHNF), creating a new company valued at $3.6 billion enterprise value. The transaction is expected to close in the second half of 2024.
SPX Technologies acquired privately held Ingénia Technologies, a manufacturer of custom air handling units, for approximately CA $405 million (US $300 million) in cash. Ingénia is based in Mirabel, Quebec, Canada, and will become part of SPX's HVAC segment.
Wog Photoelectric plans to acquire a 70% stake in Hubei Tonggewei for 85.73 million yuan, gaining full ownership to accelerate construction of a chip board-level packaging substrate project.
Sanmarco Informatica has invested in NEXMAN, a robotics and AI company, to strengthen its digital transformation offerings for Italian businesses.