OrbusNeich Medical Group announced the acquisition of 100% interest in eucatech AG, a German developer and manufacturer of cardiovascular and endovascular devices, for EUR 2,400,000. eucatech AG will become a wholly-owned subsidiary, adding drug-eluting balloons and stents to OrbusNeich's portfolio.
France-based Autajon Group acquired Simply Cartons, a folding carton maker with three sites in Nottingham, UK. The company will be renamed Autajon Packaging Simply Cartons, and its management team stays in place.
HOYA Corporation acquired the remaining stake of WASSENBURG Medical B.V., completing full ownership.
Jackson Mechanical Service, a commercial HVAC, boiler and chiller services provider, partnered with Orion Group, backed by Alpine Investors. Jackson will serve as the foundation of Orion, a newly formed commercial facility services platform.
FMH Conveyors, a Duravant Company, acquired Aftersort, Inc., a provider of trailer-loading conveyors. The acquisition closed on June 1, 2020.
PET Fiber, LLC (dba Fiberworx) acquired Troy, LLC, a manufacturer of non-woven fabrics for automotive liners and under-carpet mats. The acquisition closed on August 4, 2020.
Microline Surgical, a subsidiary of HOYA Corporation, acquired the rights to certain laparoscopic instrumentation assets, including REVEEL branded products, from RETRACTION Limited. The acquisition enhances Microline's portfolio of surgical instruments for liver retraction.
CRH agreed to sell its lime operations in Europe to SigmaRoc for about $1.1 billion, structured in phases.
Wangbian Electric announced it signed an agreement to acquire a combined 79.97% stake in Yunnan Transformer Electric Co., Ltd. through a public listing process, aiming to enhance its transformer production capabilities.
Northwest Pump acquired D.R. Smith Co. (dba Air Compressor Service), an Everett, Washington distributor and servicer of air compressors, with the transaction closing April 30, 2021.
KSB Limited has acquired the technology of Bharat Pumps & Compressors Ltd, becoming its sole owner, and will use its SupremeServ unit to handle spare parts and service for about 5,000 BP&CL products in India.
Roehm Chemical and SABIC announced the establishment of POLYVANTIS, a new company formed by merging Roehm's acrylic products business and SABIC's functional profiles business. The merger is expected to close around the second quarter of 2024, creating a global leader in acrylic and polycarbonate films and sheets with $700 million in sales and 1,500 employees.
Mexican ceramics and construction materials company Lamosa has agreed to acquire Spanish tile manufacturer Baldocer for EUR 425 million, with payments in 2023 and 2025, expanding its European presence.
Aisan Industry, a Toyota Group company, acquired IMI, a metal processing firm in Gunma Prefecture, Japan. IMI produces battery cases for mobile phones and has prototype experience for automotive batteries.
Ferronordic agreed to acquire Rudd Equipment Company, a Volvo CE dealer in the U.S., for $95 million. The deal is expected to close on November 30, 2023.
MiddleGround Capital closed a $440 million continuation vehicle to purchase Banner Industries and A.M. Castle & Co., combining them into a leading metals processor and distributor with combined revenue of about $950 million.
Röhm's Acrylic Products business and SABIC's Functional Forms business will merge to form POLYVANTIS, a new global player in acrylic and polycarbonate films and sheets with sales of about $700 million and 1,500 employees. The deal, originally signed in December 2022, is expected to close around Q2 2024.
SKF has signed an agreement to acquire 2C Composites, a German supplier of high-performance fibre composite components for magnetic bearings.
CRH announced a $2.1 billion acquisition of building materials assets in Texas from Martin Marietta Materials, including a 2.1 million ton capacity cement plant, terminals, and 20 ready-mixed concrete plants. The deal is expected to close in the first half of 2024.
KK Wind Solutions has signed an agreement to acquire Nissens Cooling Solutions, a supplier of customized cooling solutions for wind and other industries, adding sites in the Czech Republic, China, Denmark, and Slovakia, and over 800 employees.
Martin Marietta Materials, Inc. entered into an Equity and Asset Purchase Agreement with CRH Americas Materials, Inc. and CRH plc on November 20, 2023, for the sale of certain assets.
Capital Power Corporation acquired 100% of La Paloma (1,062 MW) in California and, through a 50/50 partnership with BlackRock, 100% of Harquahala (1,062 MW) in Arizona for US$1.1 billion (~$1.5 billion).
RECARO Automotive North America has acquired the assets and technology of C12 Technology, a South Carolina company specializing in advanced composite materials for automotive seating.
UMBRAGROUP has acquired 100% of ERA Electronic Systems, a strategic supplier of electronic solutions for aerospace and defense. The acquisition aims to support the Group's growth in electrification.
Safran has been informed of the Italian government's decision to exercise its Golden Power, opposing the sale of Microtecnica S.r.l (the Italian assets of Collins Aerospace's actuation and flight control business) to Safran. Safran remains committed to the transaction and is working with all parties to determine next steps.
Selvas AI acquired a 31.69% stake in Mediana for 73.2 billion won ($56.7 million), becoming the largest shareholder. The deal includes a share transfer from Mediana's chairman and a capital increase, with Selvas Healthcare also participating.
Charger Investment Partners acquired Unitech Composites, an aerospace and defense composites manufacturer. Unitech joins Advanced Composite Products & Technology and All American Racers to form APEX Space & Defense Systems.
Komatsu, through its U.S. subsidiary Komatsu America Corp., agreed to acquire American Battery Solutions, Inc., a battery manufacturer headquartered in Detroit, Michigan. The acquisition is expected to close on December 1, 2023, and will enable Komatsu to develop battery-operated construction and mining equipment.
One Equity Partners signed an agreement on November 20, 2023 to acquire TechnipFMC's Measurement Solutions business, a provider of liquid meters and metering systems employing about 450 people across six facilities, including plants in Erie, PA and Ellerbek, Germany. Closing is expected in the first half of 2024.
Coffin Turbo Pump Inc. acquired JR Engineering and Machining Corporation of Hillsdale, New Jersey, combining pump design, manufacturing and repair services. JRE operations will be consolidated into Englewood, NJ facilities.
Wolseley is set to complete the acquisition of Kooltech after agreeing to sell Kooltech’s Aberdeen branch.
Carrier Global Corporation has entered into a definitive agreement to sell its Carrier Commercial Refrigeration business to Chinese manufacturer Haier for $775 million.
The European Commission approved a joint venture between Renault Group and Zhejiang Geely Holding Group on November 17, 2023, with Saudi Aramco potentially taking a 20% stake, aiming to produce and sell powertrain systems globally.
Diatex announced its merger with Sasytex, a French specialist in personalised technical textiles and the French reference for the Cordura brand. The move consolidates and diversifies Diatex's offer in technical textiles.
INVL Baltic Sea Growth Fund and its portfolio company Eco Baltia completed the acquisition of 70% of shares in Metal-Plast, Poland's largest PVC recycler. Eco Baltia holds 38.5% and INVL holds 31.5%, while founder Family Foundation SIDN retains 30%.
NIBE Industrier AB acquired 70% of the shares in Danish LS Control A/S, a developer and manufacturer of electronic controls for ventilation and heat pump industries. The remaining 30% will be acquired in two steps by 2028.
Global private equity healthcare specialist Archimed acquired and simultaneously merged US-based Symbio and Germany-based ProInnovera in an all-equity deal.
ALTANA AG, through its subsidiary ELANTAS, announced the preliminary final results of its public tender offer for Von Roll Holding AG, achieving a 98.5% shareholding. The announcement was made on November 17, 2023.
Zhongzhi Enterprise Group sold its majority stake in Aqseptence Group, a German water treatment solutions provider, to Oaktree Capital Management. The sale was announced on November 17, 2023.
Donaldson Co acquired Univercells Technologies, a Belgian producer of single-use bioreactors and filtration-based bioprocessing systems for cell and gene therapy manufacturing.
Micronics Engineered Filtration Group acquired FLSmidth's filter media division AFT, a dry filtration specialist making high-temperature felts and woven filter media for baghouse filtration.
Avingtrans subsidiary Hayward Tyler Fluid Handling acquired certain assets of Slack & Parr from administration, plus its US and Asian subsidiaries, for a total consideration of GBP 4.9 million.
Duoning Biotechnology signed an agreement to acquire Changzhou PreFluid Technology, a Chinese peristaltic pump manufacturer with a 10,000 sq m factory in Changzhou. PreFluid's pumps serve medical, pharmaceutical, chemical and environmental industries.
Grundfos acquired Metasphere, a UK provider of telemetry and analytics for water networks, from XPV Water Partners. Metasphere offers the ART Sewer solution for preventing sewer overflows.
Japanese paper and packaging manufacturer Rengo acquired a 30% interest in Indian corrugated packaging manufacturer Velvin Containers, which will be renamed Velvin Rengo Containers. Financial terms were not disclosed. Velvin is developing a corrugated plant near Chennai.
Velvin Group and Japan's Rengo formed a joint venture for an upcoming corrugation unit in Cheyyar, Tamil Nadu, with Rengo taking a 30% equity stake. Velvin Containers will be renamed Velvin Rengo Containers Private Limited.
DTGen, a Glasgow-based power generation company specializing in diesel and gas generators, was acquired by Flogas in November 2023.
IMCD India has acquired two business lines from CJ Shah & Company to enhance its capabilities in coatings and adhesives.
SPIE has signed an agreement to acquire the Grid Solutions activities from Strukton Group in the Netherlands, which include high-voltage substation and medium-voltage infrastructure work, for an undisclosed sum. The business generated nearly €28 million in revenue in 2022 and has 115 employees.
SMRC Automotive Holdings Netherlands B.V., a subsidiary of Samavardhana Motherson, has notified the Moroccan Competition Council of its plan to acquire exclusive control of SSCP Aero Topco S.A.S., parent of AD Industrie SAS, which manufactures engine components, aerostructures and medical components.