Continental Auto Parts, a portfolio company of Kinderhook Industries, acquired K W Automotive Inc. dba Pro Parts Center, a distributor of aftermarket collision automotive parts in Texas, Louisiana, and Oklahoma. Financial terms were not disclosed.
Cogne Acciai Speciali SpA signed a contract to acquire a 65% stake in Com.Steel Inox SpA, a stainless steel and nickel alloys scrap recovery company in Calusco d'Adda, Italy. The transaction is subject to regulatory approval and expected to close in the coming months.
Oerlikon Polymer Processing Solutions sold its Oerlikon Barmag Automation (OBAA) unit to Irico Gualchierani Handling S.r.l. (IGH). The closing occurred on December 20, 2023, and the new unit will operate as IG Automation GmbH.
RōBEX, a portfolio company of Angeles Equity Partners, acquired Acieta, a full-service manufacturing automation solutions provider, from Mitsui & Co. (U.S.A.).
Investindustrial Group acquired a 70% stake in Italian loader crane manufacturer Fassi Gru from the Fassi family. The Fassi family retains 30% and Giovanni Fassi remains CEO.
Arlington Capital Partners formed Keel Holdings through the merger of Pegasus Steel with newly acquired Merrill Technologies Group and Metal Trades, creating a defense manufacturing company with nine facilities in Michigan and South Carolina.
JD Martin Company and Broomfield Lamb Holman (BLH) joined forces effective January 5, 2024. BLH will operate as an independent operating company under JD Martin, expanding product options for electrical customers in the southeastern US.
K-Tec Earthmovers and Ashland Industries, through the KA Group, have acquired Metalcraft of GA, Inc., a heavy equipment manufacturer of earthmoving scrapers based in Louisville, Georgia. The acquisition adds a Southeastern USA facility and the Metalcraft brand to the KA Group.
Valgroup has acquired Mirvi Brasil, a manufacturer of plastic caps located in Cabreuva, Sao Paulo. The deal expands Valgroup's caps business and its beverage market offering.
McLaren Packaging has acquired Bathgate-based protective packaging maker Glenhaze Ltd for an undisclosed sum. The Bathgate premises and all 25 employees are being retained.
Black Bay acquired Merichem Technologies and its catalyst business from The Merichem Company. The acquisition was announced on January 24, 2024.
Mesa Associates, Inc. acquired the assets of NuSTREEM, LLC, a Connecticut-based small hydropower technology company. The acquisition provides Mesa with a new product line and entry into the small hydropower generating market.
The Competition Commission of India approved Tata Electronics Private Limited's 100% acquisition of Wistron Infocomm Manufacturing (India) Private Limited, a smartphone contract manufacturer in Karnataka.
SCR, Inc. announced its upcoming acquisition of MN Controls Solutions, a company that develops and installs software for building control management systems. The acquisition will add Honeywell to SCR's partner portfolio.
Gainwell Group acquired TIL Limited (formerly Tractors India) and infused Rs 120 crore, including Rs 70 crore for a preferential equity issue. Gainwell plans to invest Rs 1,000 crore over three years to become a $1 billion company by 2028.
The EnviroChemie Group, part of SKion Water, has acquired Letzner Pharmawasseraufbereitung GmbH, a specialist in pharmaceutical water treatment, to expand its market presence in the pharmaceutical industry.
EnviroFALK has acquired AEW Wassertechnologie GmbH and AFS Solutions GmbH to expand its industrial customer base and expertise in heating water treatment. The Seevetal site will continue under founder Hans-Peter Jungmann.
United Robotics Group has agreed to acquire SoftBank Robotics Europe SAS, with SoftBank Robotics Group taking a minority stake in URG. The deal is expected to close in Q2 2022.
Uniwater, the Nordic water infrastructure group, acquired all shares in Lauridsen Handel & Import A/S, Lauridsen Rørteknik A/S and Lauridsen Solutions PL Sp z.o.o., strengthening its presence in Denmark and Poland.
IMA and US competitor ProMach plan to aggregate within two years to create a packaging machinery group with over €5 billion in revenue, to be listed on Wall Street by 2028.
Vita Group's subsidiary Metzo acquired Paustian Airtex, a German aviation textile specialist, including its plants in Germany and Poland, to enhance cut & sew capabilities for the aviation and rail market.
Accenture and Mujin established Accenture Alpha Automation, a joint venture owned 70% by Accenture and 30% by Mujin, to provide AI and robotics solutions for manufacturing and logistics industries.
BGT Group Co., Ltd acquired a 51% stake in Beijing Jingrun Environmental Protection Technology Co., Ltd. with its own funds, enhancing BGT's technical strength in water treatment.
Olympus Corporation closed the acquisition of Taewoong Medical Co., Ltd., a Korean manufacturer of gastrointestinal metallic stents, for approximately $370 million in cash, with $255.5 million paid upfront and up to $114.5 million in milestone payments.
Unicorr Packaging Group acquired corrugated packaging producer TriState Container Corporation, which operates three facilities in the Philadelphia area. The transaction closed in October 2023 and was announced January 24, 2024.
Ergon Chemicals, a subsidiary of Ergon Inc., purchased Resinall Corp, Resinall Mississippi Inc., Industrial Transport Inc., and Resinall QALICB, LLC on August 1, 2018. Resinall manufactures thermoplastic resins and polymers in Hattiesburg, Mississippi and Severn, North Carolina.
Austrian financial investor SOL Capital Management GmbH has acquired alfer aluminium Gesellschaft mbH, a European manufacturer of aluminum, steel, brass and plastic profiles. The acquisition was completed following approval of the insolvency plan.
Reclamation Technologies USA, LLC has purchased AllCool Refrigerant Reclaim, LLC, an EPA-certified refrigerant service company based in Frederick, MD. The acquisition expands RTI's service offering to the East Coast.
TekniPlex Healthcare has acquired Seisa Medical, a contract development and manufacturing organization. The acquisition transforms TekniPlex into a fully capable CDMO.
An affiliate of Angeles Equity Partners has acquired Acieta LLC, an industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.), Inc. Acieta is headquartered in Waukesha, Wisconsin.
Etex, a Belgian building material manufacturer, has acquired Scalamid, a manufacturer of façade fibre cement boards, from Polish company Pozbruk in a carve-out transaction.
Shandong Heavy Industry Group's subsidiary Sinotruk signed a joint venture agreement to acquire a 40% stake in MNC Leasing for IDR 274 billion. The capital will be used for office network expansion near mining areas and to enhance capital structure.
Ningbo Orient Wires & Cables (Oriental Cable) will invest £10 million to acquire about 8.5% equity in UK-based XLCC Limited, a high-voltage direct current (HVDC) cable manufacturer. The two companies also signed a strategic cooperation agreement for HVDC cable design and manufacturing.
EMM (Zwolle, Netherlands) and Chemicar (Zwijndrecht, Belgium) have merged to form a single organization serving international paint professionals, with Quadrum Capital as the major shareholder. The merger includes expansion of warehouse facilities to 17,000 m² in Zwolle from Q1 2024.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
MEIDOH Co., Ltd., a Japanese automotive fastener manufacturer, has acquired Pilgrim Screw Corporation d/b/a Pilgrim Aerospace Fasteners, a maker of aerospace fasteners with operations in Chandler, Arizona and Providence, Rhode Island. The acquisition will allow MEIDOH to diversify into aerospace fasteners.
Pilatus will acquire RUAG's Swiss aerostructures division, including all 230 employees and machinery, for an undisclosed sum. The deal is part of RUAG's unbundling, and Pilatus will rent a facility at Emmen airfield to increase in-house production capacity.
Hubtex Maschinenbau GmbH acquired all shares of Design Storage & Handling (DSH), its general importer for North and Central America, and renamed it Hubtex North America. The division will also open a new West Coast depot in California.
UTS Systems, LLC acquired Brinkley Technology Group, LLC (d/b/a Hercules Manufacturing), a supplier of generators, heaters and trailer-mounted support systems. The Massillon, Ohio facility will continue operations as part of UTS.
Pilatus Aircraft Ltd will gradually take over RUAG Aerostructures Schweiz AG's entire workforce of around 230 employees and all its machinery from Q2 2024, increasing its own production capacity at the Emmen site.
Afrimat provides an update on its acquisition of 100% of Lafarge South Africa Holdings from a Holcim subsidiary. Several conditions precedent have been fulfilled, including approvals from South African mining and exchange control authorities and competition authorities in Botswana and Eswatini. The transaction awaits final approval from the South African Competition Tribunal.
ASSA ABLOY has acquired Integrated Warehouse Solutions, a company specializing in loading dock equipment and warehouse safety products, based in Burleson, Texas.
Global energy solutions provider Aggreko has acquired the South Africa- and UK-based businesses of RenEnergy group, a provider of commercial and industrial solar energy and storage solutions.
UK-based tissue converter Accrol has acquired Severn Delta, a Somerset-based manufacturer of wet wipes and laundry dryer sheets.
Aggreko Limited acquired the UK and South African businesses of RenEnergy Limited on January 22, 2024, with the acquired businesses continuing to operate under the RenEnergy brand.
Bradken, a Hitachi Construction Machinery subsidiary, purchased land, buildings, and facilities for a foundry from Funtec in Chilca, Peru, to produce large mill liners locally, with first production expected in 2026.
Ardagh Group is reportedly weighing a sale of metal packaging company Trivium Packaging, working with Ontario Teachers' Pension Plan on a possible auction. Bloomberg reported the packaging unit could fetch more than $3.5 billion.
Belgium-based VPK Group is taking a stake in Italian corrugated packaging company IEMME Packaging, based in Gambolò near Milan, to expand its paper-based packaging offer in Italy. IEMME produced 70 million m² of cardboard and generated about €40 million revenue in 2023.
Inrom Construction Industries, through its subsidiary Ytong Ltd., acquired a 55% controlling stake in Alumlight Production Ltd. for approximately NIS 192.5 million (part cash, part shares).
SHL Medical, a Swiss medical device manufacturer, acquired Superior Tooling, a US-based manufacturer of plastic injection molds in Wake Forest, North Carolina, to support its upcoming manufacturing site in North Charleston.