Andlauer Healthcare Group's Nova Pack packaging subsidiary is combined with Toronto-based contract packager NowPac in a 50/50 joint venture. Financial terms were not disclosed.
Japanese water treatment company Metawater signed a stock sale agreement to acquire Schwing Bioset, a Somerset-based maker of equipment converting human waste into fertilizer, in March 2025.
Honeywell agreed to acquire pump and gas compressor maker Sundyne from private equity firm Warburg Pincus in an all-cash deal valued at $2.16 billion, about 14.5x 2024 EBITDA. The deal will expand Honeywell's Energy and Sustainability Solutions segment.
MM Group sold its packaging subsidiary MM Bangor to Cordovan Capital, with MP Corporate Finance as exclusive financial advisor to the seller. MM Bangor had been acquired by MM Group in October 2022 as part of Essentra Packaging.
Scruggs Company and Neil Technical Services, a Rox Capital Partners portfolio company, acquired Mid America Valve, a Kansas-based distributor of valves and fittings for the water and wastewater industry. Mid America Valve will continue operating under its established name.
Shareholders of Amcor and Berry Global approved Amcor's acquisition of Berry Global, a deal valued at US$8.43 billion announced in November 2024. Completion is still subject to closing conditions, with the combination expected by mid-2025.
Franklin Electric has acquired PumpEng Pty Ltd, a Perth-based maker of submersible dewatering pumps for the mining sector. PumpEng has locations in Kalgoorlie, Townsville, Adelaide and Twin Falls, Idaho, and about 50 staff.
Hoerbiger is acquiring the BICERA explosion relief valve product line from Penn-Troy Manufacturing, including customer relationships, intellectual property, brand and production. The line strengthens Hoerbiger's safety portfolio and its presence in the US market.
Ulma Packaging of Memmingen, Germany, has acquired a 40% stake in Italian packaging machinery firm Rama S.r.l., which specialises in automatic machines and end-of-line systems. The companies have cooperated for 15 years.
Beijer Tech, a subsidiary of Beijer Alma, signed an agreement to acquire the assets of Uudenmaan Painehuolto Oy (UPH), a Finnish compressed air equipment distributor and maintenance company with about EUR 3.3 million annual revenue. Closing is expected in March 2025.
Berry Global Group acquired CMG Plastics, a North American producer of containers, bottles, closures and specialty packaging with about 170 employees. PMCF Investment Banking served as exclusive financial advisor to CMG.
Mondi has agreed to acquire the Western Europe packaging assets of Schumacher, with completion expected in the first half of 2025. Deal value is not given in the excerpt.
Novolex agreed to acquire Pactiv Evergreen for $18 per share in cash, a deal valued at about $6.7 billion, creating a larger North American packaging company. Apollo Funds and CPP Investment Board will contribute about $1 billion, and closing is expected in mid-2025.
General Pump Co., a San Dimas pump and water well services provider, bought San Bernardino-based Legend Pump & Well Service for an undisclosed sum, announced February 18, 2025. Legend's 80 employees will work under the General Pump name.
Twin Disc, Inc. has completed its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., a British Columbia company making brake, control and steering systems for industrial and marine markets. Kobelt delivered about $14 million revenue in 2024.
Busch Group USA, headquartered in Virginia Beach, Virginia, acquired Total Maintenance Solutions LLC, a vacuum pump and blower maker in Milan, Illinois. TMS will continue to operate as an independent division with its staff unchanged.
DESMI Pumping Technology acquired Nordan Marine, a Denmark-based provider of service and repair solutions for cargo and fuel handling systems on gas carriers and alternative-fuel vessels. The deal strengthens DESMI's maritime pump portfolio.
Massilly Group, a French family metal packaging company, agreed to purchase the tinplate division of Hoffmann Neopac. The division includes the CM Packaging plant in Dronten, Netherlands.
Private equity firm Emerald Lake agreed to sell Inno-Pak, a food packaging company it had owned since 2020, to Handgards. No deal value or location was disclosed.
Buhler Industries Inc. signed an amalgamation agreement under which ASKO Sinai ve Teknoloji, which already owns about 96.7% of Buhler's shares, would take the company private. Minority shareholders would receive CDN$7.30 per share in cash.
Impel Company, backed by Pike Street Capital, announced the acquisition of Pump Dynamics, a flow management products and services provider serving Washington, Oregon and Arizona. The deal adds an Arizona presence and semiconductor-industry service capabilities; no value was disclosed.
Hinojosa Packaging Group acquired Envases Toledo, a corrugated cardboard packaging maker with 25 staff and EUR 5.5 million in 2024 sales. The new plant in Aldaia, Valencia, will support the group's other packaging plants in the Valencian Community.
The Competition Authority of Kenya approved Metal Cans & Closures acquiring plant, machinery, properties and inventory from Nampak Kenya, a subsidiary of South Africa-based Nampak. The deal expands Metal Cans into feed cans, crown caps and shoe polish containers, with no employment impact stated.
Cameron has agreed with CNPC to set up a joint venture manufacturing pipeline ball valves, mainly for CNPC's planned pipeline construction across China over the coming decade. No value or plant location was given.
CANPACK announced that Giorgi International Holdings S.à r.l. was merged into its wholly owned subsidiary CANPACK S.A. effective 31 January 2025, with CANPACK Group becoming sole shareholder of CANPACK S.A.
Columbus McKinnon agreed to acquire Kito Crosby Limited from funds managed by KKR in an all-cash deal valued at $2.7 billion, expected to close later in 2025 subject to regulatory approvals.
Duravant LLC signed a definitive agreement to acquire Pattyn Group BV, a Bruges-based designer and manufacturer of packaging automation systems for bag-in-box and other packaging applications. The deal value was not disclosed.
BEGE Power Transmission B.V. acquired pump and sealing specialist Komak Fluid Technology B.V., expanding its pump portfolio for maritime, aquaculture, petrochemical and food industries. The deal was announced on 5 February 2025.
Finland-based Vexve Group completed its acquisition of Danish dynamic balancing valve manufacturer Frese A/S after finalising the FDI filing in Denmark. The transaction was completed on 31 January 2025, and the combined company has a turnover of approximately 200 million EUR.
Resonac Holdings transferred all shares of its wholly-owned subsidiary Resonac Packaging, which makes secondary battery and food packaging materials, to Dai Nippon Printing effective February 3, 2025. Resonac says the impact on its performance will be insignificant.
JOST Werke SE has acquired Hyva, a Netherlands-headquartered producer of hydraulic solutions for commercial vehicles with over 3,000 employees and 14 production facilities. The acquisition expands JOST's presence in Asia and the Americas.
International Paper completed its acquisition of DS Smith, a deal estimated at $7.2 billion, creating a combined packaging company headquartered in Memphis with a European headquarters in London. Expected synergies are at least $514 million.
US-based packaging provider AE Global merged with industrial packaging supplier Acorn East to expand combined footprint across industrial packaging, custom packaging, equipment and automation. The merged entity will set up its national headquarters in a 150,000 sq ft facility at Sunshine State Park.
Amcor and Berry Global filed a definitive joint proxy statement for their proposed $13 billion all-scrip merger, with shareholder votes scheduled for 25 February 2025; the combined company would have about 400 plants and 75,000 staff.
Atlas Copco Group acquired Dr. Weigel Anlagenbau GmbH, a Magdeburg-based German compressed air technology provider with 45 employees, which joins the service division of its Compressor Technique business area.
Sviluppo Sostenibile, a DeA Capital fund, divested a 30% stake in Brescia-based valve maker OMB Saleri to a German private equity firm, with METI Corporate Finance as exclusive financial advisor. The transaction closed in December 2024.
Russian packaging manufacturer Kappa Rus has acquired Okulovskaya Paper Mill LLC, which produces corrugated base paper and packaging in the Novgorod region.
Emerson agreed to acquire all AspenTech common stock it does not already own at $265.00 per share via an all-cash tender offer. The minority stake is valued at $7.2 billion and the total company at $17.0 billion market capitalization.
The European Commission cleared International Paper's acquisition of DS Smith on condition that it divest five European box plants. The deal was announced in April 2024 at about $9.9 billion.
Dimensio Groep took over 100% of the shares of Qwien B.V., a disposables and sustainable packaging company operating from Wieringerwerf, effective 22 January 2025. Qwien will keep its brand and location.
Italian packaging maker Masterpack S.P.A has acquired PC Packaging, based in Anjou, Quebec, and the company will gradually be renamed Masterpack North America. Financial terms were not disclosed.
PET preform maker SGT Group of Rezé, France, announced its acquisition of Axium Packaging, a Saint-Étienne injection and blow molding firm with 385 employees and production in France, the Czech Republic, Italy and Germany.
Dutypoint Ltd of Gloucester, UK, joined Stuart Turner, Mikrofill and AGM on 13 January 2025 to create a scale player in residential and commercial water pump and pressurisation.
Danish compressed air firm Jysk Trykluft ApS has acquired ALT Trykluft ApS, a compressed air business in southern Denmark. Carsten Zachariassen stays on as managing director.
Macfarlane Group acquired Scotland-based protective packaging maker Pitreavie Group for a maximum cash consideration of £18m, including an earn-out of up to £4m over two years, financed from its existing bank facility.
Fondo Italiano d'Investimento SGR acquired a majority stake in Italian paper-based packaging maker Scatolificio del Garda, via its Agri&Food fund, to support international and product expansion. Completion is expected by April 2025, subject to regulatory approvals.
Delta-p, Pumpe og Kompressor Systemer AS is set to merge with Haakon Larsen AS to form Shift Energy Holding AS, an industrial platform with pro-forma 2024 turnover of NOK 500 million. Delta-p shareholders will hold a 50% stake in the new group.
HOERBIGER is acquiring the BICERA Explosion Relief Valve product line from Penn-Troy Manufacturing, taking over customers, IP, brand, development and production. The deal strengthens HOERBIGER's safety business in the U.S. market.
Novvia, a global rigid packaging distributor backed by Kelso, agreed to acquire packaging firm Saxco. Deal terms were not stated in the excerpt.
Bessemer-backed Tencarva, a distributor of flow control and process equipment, acquired Detroit Pump, a pump distributor serving industrial and municipal markets. No financial terms were disclosed.