Roche announced a definitive agreement to acquire select parts of the LumiraDx group related to its Point of Care technology for a purchase price of USD 295 million plus up to USD 55 million. The transaction is expected to close by mid-2024.
Shenzhen Esun Industrial Co., Ltd. completed the acquisition of a controlling interest in HI-TECH CHANGJIANG PLA CO., LTD. in December 2023, making it a subsidiary.
Pennsylvania Steel Company Inc. has announced it will acquire Nivert Metal Supply, Inc., a metals service center in Throop, Pennsylvania. The transaction is expected to close by the end of October.
Japanese distributor Satori Electric is acquiring additional shares of SM Electronic Technologies Pvt. Ltd. in Bangalore, India, to make it a consolidated subsidiary with 50.1% ownership, strengthening its presence in the Indian electronics market.
Shenzhen Brightcn Industrial Co., Ltd. completed the acquisition of a controlling stake in Hengtian Changjiang Biomaterials Co., Ltd., making it a subsidiary. The acquisition fills Brightcn's capacity gap in polylactic acid fibers.
Yunji Group (001288) signed a binding offer to acquire conveyor business assets from VLI CONVEYORS PTY LIMITED for between AUD 7 million and AUD 10 million, through an overseas wholly-owned subsidiary.
Beijing New Building Materials (BNBM) announced the acquisition of a 78.34% stake in Carpoly Chemical Group, a leading Chinese paint company, in a landmark deal for the coatings industry.
Funds managed by Syntagma Capital completed the acquisition of the European commercial HVAC and refrigeration businesses of Lennox International Inc. for $23 million.
BYD Electronic (International) Company Limited completed the acquisition of product manufacturing businesses located in Chengdu and Wuxi from Jabil Circuit Pte. Ltd. for CNY 14.29 billion.
Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software, for an undisclosed amount.
Infore Environment announced it signed a share acquisition intention agreement with Shunkong Development to transfer 100% equity of Foshan Shunhe Environmental Protection Co., Ltd. to Shunkong Development.
H.I.G. Capital completed the acquisition of Penhall Company, a provider of specialty concrete services based in Irving, Texas.
Quality Power Electrical Equipments and Yash Highvoltage signed a binding term sheet to acquire 100% stake in Sukrut Electric Company, a Pune-based transformer component manufacturer, via a complete buyout from a German multinational.
CG Power & Industrial Solutions entered a definitive agreement to acquire the RF components business of Renesas Electronics Corporation, including IP, tangible assets and select employees, via an asset purchase agreement executed on 4 October 2024.
A consortium led by Dazheng Group Acquisition, including TFI Asset Management and GA Technologies, announced a $1.8 billion all-cash bid to acquire Hollysys Automation Technologies at $29 per share.
Tramec S.r.l., a gearbox manufacturer based in Calderara di Reno, Italy, has acquired 100% of Varmec S.r.l., a Vicenza-based producer of gearboxes and variable speed drives. The acquisition is part of Tramec's consolidation plan in the motion control sector.
Talbros Automotive Components Limited has agreed to divest its entire 40% stake in its joint venture Nippon Leakless Talbros to its partner Nippon Leakless for INR 81.8 crore. The transaction is expected to complete in Q4 FY2024.
Eusider, the holding of the Anghileri family, has acquired control of German group Steel Metal Service Holding GmbH and its four Italian companies (Auctus Project Italy, Profiltubi, OMV-Officine Metallurgiche Ventura) from Auctus Capital Partners, pending antitrust approval.
Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired TLC Ingredients, Inc., a distributor of food ingredients, industrial chemicals, and phenolic resins. Terms were not disclosed.
Opta Group, a portfolio company of Speyside Equity Advisers, has purchased steel manufacturing supply company Anker Industries in Pennsylvania. Terms were not disclosed.
A group of investors led by Epoona and including former Wacker Neuson CEO Martin Lehner acquired a majority stake in Austrian crane manufacturer PenzCrane, which has 65 employees and €18 million in sales.
Prysmian Group completed its acquisition of General Cable Corporation for $30.00 per share in cash, making General Cable a privately held company.
Ramkrishna Forgings Limited announced that its resolution plan for the acquisition of ACIL Limited has been approved by the National Company Law Tribunal, New Delhi. ACIL manufactures high-precision automotive components including crankshafts.
Biesse signed a contract to acquire the entire share capital of GMM Finance Srl, holding company of the GMM Group (including GMM Spa, Bavelloni Spa and Techni Waterjet Ltd.), for approximately EUR 72 million in cash; the GMM Group makes machine tools for stone, glass and other materials.
Sweden's Electrolux Professional agreed to buy Japan's Tosei Corporation, a maker of professional laundry equipment and vacuum packing machines, for about 1.65 billion Swedish crowns ($163.3 million).
Aekyung Chemical announced the acquisition of a 50% stake in VPCHEM, LG Chem's Vietnam subsidiary that produces plasticizers, increasing its annual plasticizer production capacity from 550,000 tons to 660,000 tons.
Private equity group EQT announced an agreement to acquire Zeus Company, a medical device and industrial application firm, from the Tourville family at a $3.4 billion valuation.
Prysmian Cables & Systems entered into a definitive agreement with Indian Nicco Corporation to form a joint venture company, Nicco Cables Ltd., in which Prysmian will hold a 60% majority stake. Prysmian's total investment is approximately €24 million, and the new company will acquire all of Nicco Corporation's cable activities.
Femco Steel Technology Co., Ltd., a golf shaft manufacturer, entered into a definitive business combination agreement with SPAC Chenghe Acquisition I Co. to become a publicly listed company in the United States. The transaction will result in FST listing on Nasdaq.
Trive Capital formed Venturi Supply, a pipe, valve and fittings distributor headquartered in Phoenix, by combining six PVF distribution businesses. Venturi serves customers across 42 facilities in the U.S.
JGM acquired a new fabrication facility in Sinking Spring, PA, adding 70,000 square feet of fabrication space and seven acres of outside storage. The company plans to employ over 75 team members at this facility and has installed a new Kinetic K5000 XMC Plasma, Oxy/Acetylene drill table.
Carrier Global Corp. has announced the acquisition of Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at 12 billion Euro.
Avers Machine & Gear has acquired Fox Tool & Manufacturing, an aerospace machine shop in Woodstock, Illinois.
Sukup Manufacturing Co. announced the acquisition of automation distributor Ramco Innovations, forming a new entity called Sukup Innovations. Ramco will retain its name, employees and operations.
Karnell Group AB completed the acquisition of 92.5% of Plalite Ltd, a UK precision engineering manufacturer based in Sittingbourne, England, with sales of GBP 4.3 million.
Recticel announced the acquisition of 100% of Rex Panels & Profiles SA, a Belgian producer of PIR and mineral wool insulated panels, for an enterprise value of €70 million. The transaction is expected to close in January 2024.
ChipMOS TECHNOLOGIES INC. announced its board approved the sale of its 45.0242% equity interest in Unimos Microelectronics (Shanghai) to Suzhou Oriza PuHua ZhiXin Equity Investment Partnership and 10 other Chinese investors for $137.1 million.
Gefran S.p.A. has acquired a 24.83% minority stake in Robot at Work S.r.l. (RAW), an Italian startup specializing in industrial automation and robotic cells, for a total consideration of €576,000. The stake was acquired through a share transfer and capital increase.
Italy-based Acciaierie Venete will acquire three plants from Ascometal France Holding, located in Hagondange, Custines and Le Marais, including the CREAS research center. The acquisition is planned to be completed in spring 2024.
Veslatec has acquired Sodankylä-based lifting equipment manufacturer Nordlift Oy on December 11, 2023, making Nordlift a subsidiary to strengthen Veslatec's position in international markets and expand product selection.
Rockwell Automation has acquired Clearpath Robotics, a Canadian company specializing in autonomous mobile robots (AMRs) for industrial applications, to accelerate end-to-end autonomous production logistics solutions.
Evonik has fully acquired the former joint venture Thailand Peroxide Co., Ltd. (TPL) in Saraburi, Thailand, completing the acquisition on December 15, 2023.
Weinberg Capital Group, OH has acquired Arizona-based Salt River Aviation, an APU/airframe parts company.
AAR Corp announced an agreement to acquire Triumph Group's Product Support business, a provider of MRO services to the global aviation aftermarket, for $725 million in cash. The transaction is expected to be accretive to revenue growth and adjusted EPS in the first full fiscal year.
Liebherr-Aerospace Toulouse SAS acquired the activities of SIBI SAS, a subsidiary of KEP Technologies, effective December 20, 2023. A new entity, Liebherr-Aerospace Montauban SAS, was created and all SIBI employees were taken over.
Oerlikon Group's Polymer Processing Solutions Division sold its Oerlikon Barmag Automation (OBAA) unit to Italian company Irico Gualchierani Handling Srl. The transaction occurred on December 20, 2023, with undisclosed financial terms.
Başak Traktör, a subsidiary of ASKO Holding, acquired 96.7% of the outstanding shares of Buhler Industries, parent company of Versatile and Farm King brands, for C$60.5 million including assumed debt.
Trade Fabrication Systems (TFS), a UK-based offsite solutions provider, was acquired by Arclin Group, a US producer of resins and surface overlays, in 2023.
Henry Schein agreed to acquire a majority interest in TriMed, a developer of orthopedic solutions for foot, ankle, hand, and wrist, and formed a strategic relationship with Extremity Medical.
BKB Group, a plastic machining company, finalized the acquisition of BLW Kunststoffen on December 20, 2023, to strengthen its position in high-quality plastic machining.