MACOM Technology Solutions Holdings, Inc. completed its acquisition of the radio frequency (RF) business of Wolfspeed, Inc. The deal was announced on December 4, 2023. Terms were not disclosed.
China National Building Material (CNBM) plans to restructure Sinoma Cement shareholding. Sinoma International Engineering agreed to buy $174M worth of shares, and together with New Tianshan Cement will buy $975M worth, increasing Sinoma Cement's share capital by 67% to $436M.
BorgWarner has completed the acquisition of Eldor Corporation's Electric Hybrid Systems business segment for €75 million at closing, with potential additional earnout. The deal enhances BorgWarner's ePropulsion portfolio.
Nissha Medical Technologies formalized a definitive agreement on December 4, 2023, to acquire the majority equity of Isometric Intermediate LLC., a medical micro-molding company. The acquisition is expected to close in late December 2023.
Shandong Weiqiao Textile Technology Co., Ltd. entered into a merger agreement on December 4, 2023, to acquire Weiqiao Textile for HK$3.50 per H share and RMB 3.180870 per domestic share, totaling about HK$1.448 billion and RMB 72.8 million.
Van den IJssel Bedrijfskleding joined the Swedish OptiGroup effective November 30, 2023. Van den IJssel will continue to operate under its own name, and the existing management team remains in place.
Kemira signed an agreement to divest its Oil & Gas-related portfolio to Sterling Specialty Chemicals LLC, a US subsidiary of Artek Group. The transaction includes manufacturing facilities in Mobile, Columbus, Aberdeen (US) and Teesport (UK), and approximately 250 employees will transfer. Revenue of the divested business was about EUR 430 million in 2022.
LyondellBasell (LYB) acquired a minority share in Source One GmbH, a plastic waste sourcing and engineering company in Germany. The investment provides LYB access to Source One's engineering and waste sourcing services, and establishes a relationship with Landbell for plastic packaging waste volumes.
Ember SPV I Purchaser Inc., controlled by Ember Infrastructure Management, will acquire all outstanding shares of H2O Innovation for C$4.25 per share. The Superior Court of Québec issued a final order on December 1, 2023, and the deal is expected to close in the coming days.
HANZA AB has signed an agreement to acquire all shares in Orbit One AB, a Swedish contract manufacturer of electronics and electromechanics, for an estimated SEK 367 million plus up to SEK 91 million in additional consideration.
Russel Metals has agreed to acquire seven metals service centers from Samuel, Son & Co. in Western Canada and the US Northeast for approximately $225 million, including $186 million of working capital.
Vertiv announced it has entered into a definitive agreement to acquire all shares of CoolTera Ltd., a UK-based provider of coolant distribution infrastructure for data center liquid cooling. The deal strengthens Vertiv's capabilities for high-density cooling and AI deployment.
Genesis Private Equity Fund III sold its majority stake in Sanborn, a supplier of precision components for energy, oil and gas, and transport, to Oriens. Sanborn expects 2023 revenues over CZK 650 million.
Andra Tech Group has acquired 100% of the shares of Lemmens Metaalbewerking, based in Bergeijk, the Netherlands, effective December 1, 2023. Lemmens has a turnover of over €10 million and employs around 40 people.
KB Components Group, part of BrA Invest, acquired Innotech Precision Inc., a North American injection molding company in Toronto, Canada, with a turnover of 16 MCAD and about 60 employees.
Mutares SE & Co. KGaA completed the acquisition of High Precision Components Witten GmbH, a Tier 1 automotive supplier of precision components, from Westebbe Verwaltungs GmbH and Peter Flaschel. The company will join the KICO & ISH Group.
CoolLogic, an HEG company, has acquired Midland Industrial Refrigeration (MIR), a refrigeration service and contracting business in the Waikato region of New Zealand. The acquisition was effective November 2023.
Freudenberg Chemical Specialities is bundling its bonded coatings business under SurTec International, following the acquisition of omniTechnik Mikroverkapselungs (Precote). The handover is scheduled by January 2024.
CaNickel Mining Limited has signed an Option Agreement with Cobalt One Energy Corporation and Blackstone Minerals Limited for the potential sale of its Bucko Lake Mine Project in Manitoba for up to C$80 million. The option period is 12 months.
Weiqiao Textile Technology announced a merger agreement to absorb Weiqiao Textile, offering HKD 3.50 per H-share and CNY 3.180870 per domestic share, valuing the deal at approximately HKD 1.448 billion and CNY 72.84 million.
Daikin Applied Europe S.p.A acquired UK-based Brooktherm Refrigeration Ltd, an industrial refrigeration and HVAC service provider. Brooktherm will be managed by Daikin Applied (UK) Ltd.
Novvia Group, a packaging solutions provider backed by Kelso, acquired Ocean State Packaging. No deal value or location was given in the article.
Winsupply Inc. of Dayton, Ohio acquired Milford Companies, a distributor of pipe, valve and fitting and waterworks supplies with five locations in Texas, Oklahoma and New Mexico. Chase Brown will remain president.
South Africa's Competition Tribunal approved without conditions the intermediate merger between Rebel Packaging, an indirect subsidiary of Mpact, and corrugated sheetplant Box Boyz.
Atlas Copco agreed to acquire KRACHT GmbH, a German maker of external gear pumps, fluid measurement, valves and hydraulic drives, with about 440 employees and 2022 revenues of about 72 million euros; closing is expected in Q1 2024.
Pronect AB announced the acquisition of Plamako i Anderstorp AB, a supplier of injection molding machines and robots, and Plamex Automation AB, an automation solutions provider, to strengthen its position in the Nordic manufacturing industry.
Shandong Luyang Energy-Saving Materials Co., Ltd. completed the acquisition of 100% equity of Qinai United Fiber (Shanghai) Co., Ltd. (Unifrax Shanghai) from UNIFRAX UK HOLDCO LTD for $34.735 million, with the transaction closing on November 30, 2023.
Ambic, a subsidiary of NICKE, merged with Fujiko in December 2023, with Fujiko's nonwovens and felt business transferred to Ambic, which renamed to F&A Nonwovens.
MinebeaMitsumi acquired RO-RA Aviation Systems, an Austrian manufacturer of aircraft components, in December 2023.
Oetinger Aluminium Group has acquired AS Oxidwerke GmbH, which operates a plant for integrated recycling of aluminium salt slag in Stockach, Germany. The acquisition was completed on December 1, 2023.
AEQUITA, a privately-owned industrial group, has completed the acquisition of TMD Friction, a leading supplier of brake friction solutions for the automotive and brake industry.
AUCTUS IV GmbH & Co. KG has filed for merger control approval to indirectly acquire sole control of C M S electric GmbH, a technical building equipment company.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. completed the acquisition of a 75% stake in Germany-based DiaSys Diagnostic Systems GmbH on December 1, 2023. DiaSys is now a majority-owned subsidiary of Mindray.
Conditioned Air Solutions, an HVAC company in Huntsville, Alabama, acquired Controlled Climate Solutions, expanding its service area to include Huntsville, Decatur, and Athens, Alabama.
Rio Tinto Ltd. invested $700 million to acquire a 50% stake in Matalco Inc., a Brampton, Ont.-based aluminum recycler with six facilities in the U.S. and one in Canada.
HELLA and TMD Friction have agreed to transfer TMD Friction's 50% stake in Hella Pagid to HELLA, making HELLA the sole shareholder. The purchase price is undisclosed.
DETAX GmbH has entered into a purchase agreement with HEBA to acquire the THERMOtec brand, a thermoflexible material for earmolds. DETAX also signed a distribution agreement with HÖRLUCHS for exclusive distribution of THERMOtec, effective April 1, 2024.
The Annovi Reverberi Group acquired a majority stake in Ghirri Motoriduttori S.r.l., a Formigine-based company specializing in gearbox design and production. The acquisition expands Annovi Reverberi's product range in the industrial market.
Fincantieri has set terms to acquire 100% of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. for an enterprise value of EUR 78 million. The transaction is expected to close by Q1 2024.
Arkema finalized on 1 December 2023 the acquisition of Glenwood Private Equity's 54% stake in South Korean company PI Advanced Materials, based on a €728 million enterprise value.
Effective December 1, 2023, Precision Fuel Components LLC merged with and into its corporate affiliate VSE Aviation Services, LLC, becoming part of the VSE Aviation Services entity.
GEON Performance Solutions announced the acquisition of Polymax TPE, a specialist in thermoplastic elastomer materials. Polymax TPE has manufacturing sites in Nantong, China and Waukegan, Illinois, USA.
INEOS has completed the acquisition of the Eastman Texas City site, including a 600,000-tpy acetic acid plant and all associated third party activities, from Eastman Chemical Company.
Rio Tinto has acquired a 50% equity stake in the Matalco business from Giampaolo Group for $700 million, forming a joint venture that combines North America's largest primary and secondary aluminium producers. Matalco operates six facilities in the US and one in Canada with capacity of about 900,000 tonnes per year.
Nissha Co., Ltd. acquired Isometric Intermediate, LLC (DBA Isometric Micro Molding), a U.S.-based micro molding company for medical devices, on December 5, 2023.
Komatsu, through its Australian subsidiary, acquired iVolve Holdings, a provider of fleet management systems for small to mid-tier miners, contractors, and quarries. The acquisition was completed on Dec. 1, 2023.
HELLA and TMD Friction have agreed that HELLA will acquire the 50% stake in the Hella Pagid joint venture held by TMD Friction, making HELLA the sole shareholder. The transaction is expected to close by October 1, 2024.
Swiss pump manufacturer Rütschi joined the newcleo Group in December 2023, bringing nuclear pump expertise with 5,000 pumps in service in 150 reactors. The article was published in October 2025.
President Container Group acquired garment hanger pack and wardrobe box maker RHE Container Company, completing the deal in December 2023; the integration was announced in a June 2026 release.
Thailand's SCG Packaging (SCGP) agreed to acquire a 70% stake in offset folding carton producer Starprint Vietnam through its Singapore subsidiary, at an estimated value of VND676.08bn ($27.73m). The plant operates in the Long Binh Industrial Zone in Dong Nai, Vietnam.