Mutares SE & Co. KGaA has completed the acquisition of assets of Holland Industrial Construction Systems Coöperatief U.A. and its subsidiaries, known as Byldis, a Dutch provider of off-site modular prefab construction for mid- and high-rise buildings. Byldis will become a new platform investment in Mutares' Engineering & Technology segment.
The Dumarey Group has acquired ZF Bouthéon, a French plant producing transmissions for commercial vehicles, from ZF. The plant, to be renamed Dumarey Powerglide Bouthéon, will continue manufacturing transmissions for ZF until 2027 and employ over 300 people.
LOU-TEC, Quebec's leading heavy machinery rental company, has partnered with Torcan Lift Equipment, an Ontario-based elevation equipment rental and sales company. The transaction gives LOU-TEC a significant presence in Ontario, with Torcan's management and employees retained.
Emerson acquired Afag Holding AG, an innovator in electric linear motion, feeding and handling automation solutions headquartered in Zell, Switzerland. The acquisition enhances Emerson's capabilities in factory automation.
Sysco Corporation announced it has agreed to acquire Edward Don & Company, a leading distributor of foodservice equipment, supplies, and disposables based in Chicago, IL, with approximately $1.3 billion in annual revenue. DON will operate as a standalone specialty division within Sysco.
Plaskolite LLC announced it has signed an agreement to acquire Vycom, a subsidiary of The AZEK Company, which manufactures thermoplastic sheet in Scranton, Pennsylvania. The transaction is expected to close November 1, 2023.
Novo Nordisk has completed the acquisition of 100% of the shares of Biocorp, a France-based drug delivery device maker. The deal values Biocorp at approximately $164.5 million (€154 million).
Atlas Copco acquired William G Frank Medical Gas Testing and Consulting and Medical Gas Credentialing from a single owner, to be integrated into BeaconMedaes. The deal was announced on 2023-10-11 and the price was not disclosed.
The Competition Commission of India approved a proposed combination where JICC-01 Limited Partnership will acquire 20% voting rights in Hitachi Astemo Ltd., Honda Motor Co. will increase its stake from 33.4% to 40%, and Hitachi Astemo will acquire 49% of Hitachi Astemo Electric Motor Systems.
New York state based rental company Skyworks has acquired Florida’s Gold Coast Hi-Lift.
Danish tracking, telematics and systems supplier Trackunit has acquired American mobile electronics installation company OEM Solutions Inc.
IAR Group from Zofingen, Switzerland, acquired Sontec AG from Hochdorf, Switzerland, which specializes in automated testing technology, assembly automation, robotics and image processing. The acquisition strengthens IAR Group's position in the global market for industrial automation.
Chile's Fiscalía Nacional Económica approved Marubeni Corporation's acquisition of Power Train Technologies Chile S.A., a mining machinery maintenance company, subject to modifications of non-compete and non-solicitation clauses.
Mitsubishi Electric and Denso will together acquire a 25% stake in Coherent's silicon carbide (SiC) business for $1 billion, aiming to secure a stable supply of the semiconductor material.
Sesa has acquired a majority stake of TRIAS Mikroelektronik GmbH.
Capital Power has agreed to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station in Washington from Atlantic Power & Utilities for US$100 million. The transaction is expected to close in Q4 2023.
PULS, a DIN rail power supply manufacturer, has acquired the business of Wiferion, a wireless charging specialist. The Wiferion team will remain in Freiburg as the PULS Wireless business unit.
Sigmadaf Clarifiers and Clearwater Industries, Inc. signed a joint venture agreement to design, manufacture, and supply Dissolved Air Flotation (DAF) systems for industrial wastewater applications in the United States.
Haemonetics Corporation announced a definitive agreement to acquire all outstanding shares of OpSens, Inc. for CAD $2.90 per share in an all-cash transaction valued at approximately USD $253 million. OpSens provides fiber optic sensor technology for interventional cardiology.
French group Aprolis acquired 100% of shares of Bologna-based Bo Lift Trucks Srl, a leader in sale, rental and technical assistance of material handling equipment. The founding partners will remain at the helm.
Prins Castings & Forgings, a Dutch maker of tailor-made castings and forgings, joined the ELCEE group. Torqx Capital Partners simultaneously acquired ELCEE, a Dutch supplier of mechanical components, with Blacktrace advising Prins' shareholders.
GHK Capital Partners completed its acquisition of JohnsByrne, a Niles, Illinois maker of premium folding carton packaging and specialty print solutions. Terms were not disclosed.
Adherex Group has acquired Stretchtape Inc., adding a broad range of conventional and custom-converted films and unique printing capabilities.
Sika acquired Thiessen Team USA's shotcrete and grouting products for the mining industry in the third quarter of 2023.
KKR acquired Chase Corporation, a company specializing in adhesives, sealants, additives, industrial tapes, corrosion protection and waterproofing, for $1.3 billion in the third quarter of 2023.
Techmer acquired Advanced Color Technologies' color and additive compounds business in the third quarter of 2023.
TJC acquired an 80.1% stake in DuPont's Delrin acetal homopolymer business for $1.8 billion in the third quarter of 2023.
Ravago acquired a majority stake in M. Holland's distribution of thermoplastic resins and ancillary materials for $1.5 billion in the third quarter of 2023.
Interfacial (Nagase) acquired M. Holland's 3D Printing Group in the third quarter of 2023.
Arclin acquired Belle Chemical's methylamines and derivatives business in the third quarter of 2023.
Everchem Specialty Chemicals acquired technologies for polyurethane foams and elastomers from Specialty Products International in the third quarter of 2023.
Active Capital Company (ACC) acquired a majority stake in Brocolor Lackfabrik GmbH and Brocolor Immobilien GmbH from ELSAN Holding B.V. Brocolor is a German specialty chemicals company for paints, adhesives, and coatings.
BASF has agreed to divest its Neopolen expanded polypropylene (EPP) business to Knauf Industries GmbH.
Trolex Corp. acquired California Economizer and its Zonex Systems.
Takween Advanced Industries signed a share purchase agreement to acquire JOFO Nonwoven's 70% stake in Advanced Fabrics Factory Company (SAAF), increasing its ownership to 100%.
Amerimax Fabricated Products has been acquired by a private investment group that also owns Euramax for Mobility. The new company will operate as Amerimax for Mobility, gaining improved manufacturing and supply chain capabilities. Mark Hagerman was appointed CEO.
South Korea's Lotte Chemical sold all its shares in its Chinese joint venture Lotte Chemical Jiaxing Corp to its domestic partner. The plant in Jiaxing, Zhejiang, produces ethylene oxide adduct (EOA) and ethanolamine (ETA).
Swiss-based BE WTR merged with UAE-based water filtration company Trust Your Water (TYW). TYW's employees and clients will be transferred to BE WTR, which will continue serving clients with both brands.
LiuGong's wholly owned subsidiary LiuGong Dressta Machinery sold its main production assets, including land, buildings and equipment, to Polish company HSW for 212 million zloty (about 360 million yuan). Employees will transfer with the assets.
INEOS Acetyls has agreed to purchase Eastman’s Texas City operations, with Eastman retaining ownership of its plasticizer business at the site, which INEOS will operate for Eastman.
Mediaco has acquired crane and access rental company Rollin Levage.
UMW Equipment Division Sdn. Bhd. entered into a share sale and purchase agreement with Toyota Industries Corporation to sell a 26% interest in UMW Toyota Material Handling Sdn. Bhd. for RM260 million, deepening their strategic collaboration in industrial equipment.
Metra S.p.A., a portfolio company of KPS Capital Partners, completed the acquisition of Belding Machinery and Equipment Leasing, LLC and its subsidiaries (Extruded Aluminum Corporation), a U.S. manufacturer of custom extruded aluminum profiles. Financial terms were not disclosed.
Machine Specialties, Inc., a precision manufacturer of parts for aerospace, defense and space markets, has acquired Cambridge Specialty Company, Inc., a precision manufacturer of flight critical parts based in Berlin, Connecticut.
RPM has acquired the wall system fabrication segment of NOW Specialties, which specializes in metal composite material and aluminum composite material panels.
Euro Auctions has acquired Canadian equipment auction house Michener Allen Auctioneering.
VIVISOL, part of the SOL-group, acquired a 15% minority share of SOMNOmedics, a manufacturer of sleep diagnostic devices. The acquisition aims to strengthen strategic presence in the Home Care field.
Embraer and Nidec Motor Corporation completed the formation of Nidec Aerospace, LLC, a joint venture to develop and manufacture electric propulsion systems for aeronautical use, including eVTOL and fixed-wing aircraft.
E Tech Group, backed by Falfurrias Capital Partners, acquired Automation Group, a California-based system integrator specializing in automation, robotics and cybersecurity. Terms were not disclosed.
Exchange Income Corporation has acquired DryAir Manufacturing Corp., a leader in portable hydronic heating systems, for approximately $60 million. The purchase price was funded by $15 million in EIC common shares and $45 million in cash.