Agile Robots has acquired a majority share in BÄR Automation, a German system integrator for robotics and mechatronics with over 140 employees. The acquisition strengthens Agile Robots' position in the automation industry.
The Huhn Gruppe, a metal forming specialist owned by Berylls Equity Partners, has acquired Teckentrup, a technology leader in stamping and fine blanking. The acquisition expands Huhn Gruppe's product and production technology portfolio into embossing and fine blanking.
Sonoco Products Company completed the acquisition of the remaining equity interest in RTS Packaging from joint venture partner WestRock for $330 million. The acquisition adds a network of 15 operations and 1,100 employees in the U.S., Mexico, and South America.
Satellite Chemical's subsidiary Lianyungang Petrochemical agreed to acquire 100% of Jiangsu Jiahong New Materials from Satellite Holding and Kunyuan Investment for 1.524 billion yuan to avoid potential competition and expand C3 product chain.
White Cap, a distributor of specialty construction supplies, entered a definitive agreement to acquire BrownCo Manufacturing & Sales, a distributor of specialty concrete products in Oklahoma.
Ametek Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined into a single business named Bison, headquartered in Kent, Ohio, as a unit of Ametek Inc.
Smurfit Kappa and WestRock announced a merger creating Smurfit WestRock, which will be domiciled in Ireland with global headquarters in Dublin. Smurfit Kappa shareholders will hold 50.4% and WestRock shareholders 49.6%, with closing expected in Q2 2024 subject to regulatory approval.
TransDigm Group has entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries (CPI) for approximately $1.385 billion in cash. The business generated about $300 million in revenue in its fiscal year ended September 30, 2023, and employs approximately 900 people.
BMH acquired Myers Forklift of Dowagiac, Michigan, gaining rights to sell and service Heli forklifts in the Midwest.
Sona BLW Precision Forgings Ltd acquired a majority share in Serbian radar sensor company NOVELIC for EUR 40.5 million, including share acquisition and capital infusion. The deal closed on September 5, 2023.
Deutsche Windtechnik announced that its two German onshore service units will merge in 2024 to form Deutsche Windtechnik GmbH & Co. KG, aiming to streamline operations and strengthen competitiveness.
DRT Holdings, LLC acquired Custom Machining Corporation, a provider of high-speed liner systems for metal packaging. Terms were not disclosed. CMC will join DRT's Metal Packaging Systems segment.
Adani Power Limited completed the acquisition of GMR Chhattisgarh Energy Ltd, which owns a 1,370 MW supercritical power plant in Raikheda, Chhattisgarh, at an enterprise valuation of approximately Rs 3,530 crore.
A.O. Smith Corporation acquired Water Tec of Tucson, an Arizona-based water treatment equipment manufacturer and dealer, in an all-cash transaction. Terms were not disclosed.
Kaixin Auto Holdings signed a non-binding acquisition term sheet with WM Motor Holdings to issue new shares to acquire 100% of WM Motor's equity.
Transocean agreed to acquire the remaining stake in Liquila Ventures, a joint venture holding the ultra-deepwater drillship West Aquila, from Lime Rock Partners and Perestroika for $82 million.
Amano Pioneer Eclipse Corp acquired HireTech, a UK-based manufacturer of wood floor sanding machines for the tool rental market, to expand geographic reach into international rental markets.
EGCO Group, through its subsidiary EGCO Compass II, LLC, signed an agreement to acquire a 50% interest in the 1,304 MW Compass Portfolio of three natural gas-fired power plants in the northeastern US for an undisclosed amount.
Mubea, a German automotive supplier, has acquired Cyclone Manufacturing, a Canadian aerostructure company, from the Sochaj family. The deal makes Mubea a significant player in commercial aerospace machining and fabrication.
Heartisan Foods, a specialty cheese manufacturer, acquired North Country Packaging, also based in Barron County, Wisconsin. The deal triples Heartisan's manufacturing capacity and was financed with a $10 million revolving credit line from Ronin.
ELANTAS GmbH, a subsidiary of ALTANA AG, published a prospectus for a public tender offer for all publicly held shares of Von Roll Holding AG at CHF 0.86 per share, having already secured 82.57% stake via agreements. The offer period is expected from September 25 to October 27, 2023.
Covestro's board agreed to engage in formal discussions with ADNOC regarding a potential takeover proposal valuing Covestro at $12.4 billion (€11.6 billion). ADNOC is reportedly willing to invest around $8 billion in Covestro post-acquisition.
Sonoco completed its acquisition of the remaining equity in RTS Packaging from joint venture partner WestRock, along with a WestRock paper mill in Chattanooga, Tennessee, for $330 million. The deal adds 15 operations and 1,100 employees.
Sterling Packaging has acquired a Landa S10 Nanographic Printing Press, its first digital press, to expand capacity for short-run packaging production.
Summit Materials agreed to acquire the U.S. operations of Colombia's Cementos Argos for about $3.2 billion in cash and stock, adding four cement plants in the Southeast, Mid-Atlantic and Texas.
Freudenberg Performance Materials has acquired Foshan United Medical Ltd. (UMT), a Chinese supplier of advanced wound care products. The acquisition was completed in July 2026 and includes production facilities in Foshan, China, and about 200 employees.
Rueff Holding AG acquired the VTT Group, a Swiss packaging, transport technology, and operational hygiene company, retroactively effective July 1, 2023. Markus Rueff becomes managing director.
Resin Solutions, a portfolio company of Pacific Avenue Capital Partners, completed the acquisition of the Poly bd, Wingtack, and Dymalink product lines from TotalEnergies. Joan Braca and Anthony Glauser were appointed CEO and CFO.
Anduril Industries announced the acquisition of Blue Force Technologies, a developer of autonomous aircraft and composite aerostructures. The deal expands Anduril's autonomous fleet to include Group 5 aircraft like the Fury. Terms were not disclosed.
Brenntag announced the agreement to acquire the operating business of Chemgrit Group, an independent specialty chemical distributor headquartered in Johannesburg, South Africa, focused on Personal Care, Food, and Material Science. Closing is expected in Q4 2023.
Cementos Argos announced a definitive agreement to combine its U.S. operations, Argos North America Corp, with Summit Materials in a cash and stock transaction valued at $3.2 billion. Cementos Argos will receive a 31% ownership stake in the combined NYSE-listed company.
SINOMED announced the acquisition of a 72.73% equity interest in U.S.-based eLum Technologies, Inc. for USD 20.73 million, marking its entry into the neurointerventional device market. The transaction gives SINOMED control of approximately 90.91% of eLum.
AMETEK Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined on September 7, 2023 into a single business named Bison, a business of AMETEK, Inc., offering fluid-moving, motor and gear drive products.
Bolton acquired Unipak, a Danish supplier of adhesives and chemical consumables, strengthening its presence in Scandinavia and Eastern Europe.
DMG MORI announced on September 6, 2023, that it will acquire 100% of KURAKI from KURABO INDUSTRIES for 4.5 billion yen, effective end of October 2023. KURAKI specializes in CNC horizontal boring and milling machines.
Allied Gold Corp Limited and Allied Merger Corporation completed the acquisition of Mondavi Ventures Ltd. in a reverse merger transaction, resulting in Mondavi becoming the continuing public issuer renamed Allied Gold Corporation.
Align Technology, Inc. announced a definitive agreement to acquire privately held Cubicure GmbH, a pioneer in direct 3D printing for polymer additive manufacturing. The acquisition aims to strengthen Align's digital platform and 3D printing capabilities.
Capital Alignment Partners announced a debt and equity investment in BMH Equipment LLC to support its acquisition of an Ohio-based forklift dealership and service provider. BMH is a distributor of material handling equipment.
Loar Group Inc. has closed the acquisition of CAV Systems Group Limited, a provider of ice protection and drag reduction systems, from Baird Capital. CAV is headquartered in Consett, United Kingdom.
The Arcticom Group (TAG) acquired Fraser Valley Refrigeration, a refrigeration and HVAC company based in Aldergrove, British Columbia, expanding its presence in Western Canada.
Asko Holding acquired a majority stake in Hy-Brid Lifts, a designer and manufacturer of hybrid scissor lifts based in Richfield, Wisconsin. The terms of the transaction were not disclosed.
The management of PROMEXX Technical Automation, together with Vondel Private Equity, acquired all shares of the company from founders Eric Schuerman and Maarten Beijloos in a management buy-out.
Accelera by Cummins, Daimler Truck and PACCAR announced a joint venture to manufacture lithium-iron-phosphate battery cells for electric commercial vehicles and industrial applications in the United States. Total investment is expected to be $2-3 billion for a 21-gigawatt hour factory. EVE Energy will be the technology partner with 10% ownership.
Weiss Technik signed documents for its acquisition of Dynavac, according to a September 2023 announcement. The article gives no further details on deal value or location.
SubC Partner acquired the Esbjerg division of SH Group, taking over employees, resources and capacity in valve and hydraulic services. The deal was announced on September 6, 2023, and SH Group will still use SubC Partner's Esbjerg presence.
Waukesha Pearce Industries (WPI) acquired Memorial Machine, a company specializing in remanufacturing engine components, which will operate as a subsidiary of WPI's Engine Division.
Rockwell Automation signed a definitive agreement to acquire Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications, to accelerate its autonomous production logistics solutions.
Solitron Devices closed its acquisition of Micro Engineering Inc. (MEI), an Apopka, Florida-based manufacturer of electronic components for the medical and defense industries. The deal includes an initial payment of $3.0 million and potential earnout payments.
Zomedica, a veterinary health company, completed the acquisition of Structured Monitoring Products (SMP), maker of the VetGuardian touchless vital signs monitor for companion animals. The acquisition includes manufacturing at Zomedica's Roswell, Georgia facility.
Cousin Surgery, a French specialist in implantable textiles, completed the purchase of German company PlantTec Medical, developer of the 4DRYFIELD hemostatic product. The acquisition aims to expand into the US market and enhance Cousin Surgery's product portfolio.