AvtoVAZ acquired 100% of OOO Atsumitek Toyota Tsuse Rus, the former joint venture of Toyota Tsusho and Atsumitec, on August 9, 2023. The plant in Tolyatti produces transmission shift actuators and had an investment of about 750 million rubles.
Mutares signed an agreement to acquire Gesenkschmiede Schneider, Schöneweiss & Co. and Falkenroth Umformtechnik from CIE Automotive for EUR 55.5 million, to strengthen the FerrAl United Group.
Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.
Newtex Industries Inc. completed the acquisition of the Industrial Textile division of Pennsylvania-based Gentex Corp.
Palace Chemicals acquired several brands formerly owned by Norcros Adhesives, including Rock-Tite, Pro Gyp-Base, Ultim8 and NX, following the closure of Norcros Adhesives. Palace also hired key former Norcros employees.
BW Integrated Systems and Accraply, both part of BW Packaging, have merged to form BW Integrated Systems. Accraply will now go to market as BW Labeling, while BW Integrated Systems will go to market as BW End-of-Line and BW Integration.
ExoCoBio, a leader in exosomes technology, has completed the acquisition of majority ownership of BENEV, a US FDA-registered manufacturer of pharmaceutical, cosmeceutical, and medical devices.
US-based Cimbria Capital, through its affiliate Cimbria Nord, has acquired APX10 A/S, a Danish water technology company providing a SaaS platform for data-driven asset management.
InCompass, a platform company of TJM Capital Partners, has acquired Bourn & Koch, Inc., a manufacturer of precision automated machine tools. The financial terms were not disclosed.
Ningxia Building Materials Group's proposed share-exchange absorption merger with CNBM Information Technology and related asset sale to Xinjiang Tianshan Cement has received approval in principle from China's State-owned Assets Supervision and Administration Commission (SASAC). The transaction still requires shareholder and regulatory approvals.
Antalis, part of KPP Group, acquired the Lovepac Group, a customised protective packaging maker with sites in Montreal and Courcelles, Québec and Guadalajara, Mexico. Financial terms were not disclosed.
Pamesa Group announced on 8 August 2023 the acquisition of Best Surfaces in Alcora, Castellón, from Italian group Laminam. The factory, renamed Ascale, has a production capacity of 1.5 million sqm/year of large ceramic slabs.
Protecall CA, LLC will acquire the High-Performance Coatings and Transportation divisions of Wilsenergy in Temecula, California, effective September 1, 2023. The acquisition adds a coating center in California to Protecall's existing operations.
Technoprobe finalized the acquisition of Harbor Electronics Inc., a manufacturer of advanced printed circuit boards for semiconductor testing systems. Harbor has approximately 180 employees and facilities in California, England, Malaysia, and the Philippines.
Trexon, a portfolio company of Audax Private Equity, completed the acquisition of 603 Manufacturing, a value-added manufacturer of high-performance wire and cable assemblies and RF/microwave coaxial cable assemblies.
Tidal Vision Products, Inc. announced the acquisition of long-time customer Clear Water Services, a provider of mobile and modular water treatment systems. The deal aims to deploy Tidal Vision's chitosan-based technologies in wider applications.
Eternis Fine Chemicals acquired 100% of Sharon Personal Care, a global supplier of ingredient solutions for personal care products with manufacturing in Italy and Israel. The acquisition expands Eternis' global footprint and diversifies into the personal care segment.
Anadolu Cam, Denizli Cam, Paşabahçe, Soda Sanayii and Trakya Cam merged under Şişecam, completed as of September 30, 2020. It is the biggest merger in Turkish capital markets.
Knorr-Bremse signed an agreement to sell its global HVAC business unit Merak to OpenGate Capital. Merak is headquartered in Getafe, Spain, and employs about 1,500 people. Closing is expected by end of 2026.
KB Components AB signed an agreement to acquire Rabugino, a Polish plastic injection moulding company serving automotive customers including BMW, Volvo, Volkswagen and Audi, to strengthen its European presence.
A holding company of funds advised by KLAR Partners signed an agreement to acquire KONZMANN Group, a German technical building services provider with around 1,100 employees and EUR 180 million output in 2024.
CCE Group acquired Intech Aerospace, marking its first entry into the US market, to enhance its aerospace manufacturing capabilities with precision-engineered components and advanced manufacturing solutions.
Wind Point Partners acquired a controlling membership interest in U.S. Nonwovens Corp, a manufacturer of private-label products including baby wipes and cosmetics, with operations in the US and Mexico.
Marvell Technology acquired Polariton, a Swiss developer of plasmonics-based silicon photonics devices, to combine expertise in high-speed optical modulation for data center architectures.
INNIO Group has acquired Souer Co., Ltd., a Thailand-based distributor of INNIO's Jenbacher and Waukesha engine brands, to enhance its go-to-market approach in the Asia Pacific region.
Forward Solutions has merged with ElectroRep Inc. and R/B Sales Corporation to establish a new electrical channel division, combining their sales expertise and customer bases.
Montrose Environmental Group has acquired Vandrensning, a Danish water treatment specialist focusing on PFAS and heavy metal removal, marking Montrose's first European acquisition.
CSP Iberian Bilbao Terminal has acquired six new hybrid RTG cranes valued at €12.6 million, part of a €45 million investment plan for 2023-2027, scheduled to become operational in October 2023.
Allegro MicroSystems has signed a definitive agreement to acquire Crocus Technology, a leader in TMR sensor technology, for $420 million in cash.
SLM Solutions, a Nikon-owned manufacturer of metal 3D printers, has acquired Portuguese company Adira AddCreative, a developer of large format metal 3D printing systems. The acquisition was announced on August 8, 2023.
La Paloma Cerámicas acquired Cerámica Malpesa, including its three production centers in Bailén, Jaén, Spain, to expand its product portfolio and strengthen its market leadership.
The UK government has imposed national security conditions on EDF's acquisition of GE Steam Power Limited and GE Oil & Gas Marine and Industrial UK Limited, including governance and information security measures.
TSMC, Bosch, Infineon, and NXP plan to jointly invest over €10 billion in European Semiconductor Manufacturing Company (ESMC) GmbH to build a 300mm fab in Dresden, Germany, with production targeted by end of 2027.
Global packaging company TricorBraun acquired CanSource, a Longmont, Colorado maker of custom cans and packaging for beverage producers, from Broadtree Partners. Terms were not disclosed.
BDK Valves and Gurukrupa Group have completed the 100% acquisition of Theis Precision, a valve maker. The source gives few other details.
Kem Krest acquired the heavy-duty division of Telamon, which assembles components for heavy-duty trucks. The division has about 100 employees and will continue operating out of Telamon's Carmel location.
EDF Energy Holdings Ltd, via its subsidiary GEAST UK Ltd, will acquire GE Oil & Gas Marine & Industrial UK Ltd and GE Steam Power Ltd, increasing its shareholding to 75% or more. The acquisition is subject to a Final Order under the National Security and Investment Act.
Francks Kylindustri acquired LS Värmepumpservice, a heat pump installation and service company based in Växjö, Sweden, to strengthen its position in Småland.
ALTANA acquired the business of Imaginant Inc., a U.S. company specializing in ultrasonic measuring equipment, to expand its BYK division and enter the semiconductor industry.
Denso signed a definitive agreement to acquire all shares of Certhon, a Dutch horticultural technology company, after taking a minority stake in 2020.
Musashi Seimitsu Industry Co., Ltd. has signed an agreement to acquire the automated guided vehicle (AGV) manufacturing and sales business of Nidec Drive Technology Corporation.
Sika has agreed to acquire Chema, a leading manufacturer of tile setting materials in Peru. The business generated sales of CHF 50 million in 2022 and includes four plants and seven warehouses.
BCPG Public Company Limited, through its subsidiary BCPG USA Inc., signed a Purchase and Sale Agreement to acquire an additional 40% stake in Carroll County Energy Holdings, which operates a 700 MW combined cycle power plant in Carroll County, Ohio, for up to $145 million.
ROMCIM, a CRH Company, acquired Bauelemente Reinvest and its branch Bauelemente, adding three production facilities in Bolintin Deal, Cristian, and Aricestii Rahtivani, Romania.
Chinese group Huaxin Cement, through its subsidiary Huaxin Hong Kong, acquired 100% of the shares held by InterCement in Nepal Portland Cement Company, which controls Cimentos de Moçambique, Mozambique's largest cement company.
Atlantic & Southern Equipment LLC finalized the acquisition of Pinnacle Cranes in Midland, North Carolina. Pinnacle Cranes is a Top 5 Link-Belt Dealer.
Renesas Electronics and Sequans Communications entered a memorandum of understanding for Renesas to acquire all outstanding shares of Sequans for approximately $249 million, including net debt. The transaction is expected to close by Q1 2024.
Australian water technology company Waterco has acquired Davey Water Products, a subsidiary of GUD Holdings, for $64.9 million. The transaction is expected to close at the end of August 2023.
Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.
Graphic Packaging Holding has agreed to acquire Bell Incorporated, which has three packaging facilities in the Midwest consuming 95,000 tons of paperboard a year. The deal is expected to add about $200 million in sales and close in Q4 2023, subject to regulatory approvals.