Atlas Copco announced the finalization of its acquisition of Soft2tec, a Rüsselsheim, Germany maker of camera-based tracking systems, which becomes part of its Desoutter business line.
Emerson announced an agreement to acquire Intelligent Platforms, a division of General Electric, adding programmable logic controller technologies. The announcement was made on November 13, 2018.
Henkel closed its acquisitions of Darex Packaging Technologies, a metal packaging sealants supplier based in Cambridge, MA, for US$1.05 billion, and the Sonderhoff Group, a Cologne-based foamed gasketing and dosing equipment maker, with undisclosed terms.
United Flow Technologies, a platform owned by H.I.G. Capital, completed its acquisition of Tesco Controls, a Sacramento-based control system integrator for water and other sectors. Terms were not disclosed.
ABB will acquire ASTI Mobile Robotics Group, a manufacturer of autonomous mobile robots, to expand its robotics and automation portfolio.
Pneumax Group has acquired FIP (Forniture Industriali Parmensi) srl, a Parma-based industrial automation company with over 30 years of experience, expanding its Emilia-Romagna presence and branch network.
Valmet and Neles signed a combination agreement and merger plan under which Neles will merge into Valmet, creating a company with illustrative 2020 net sales of about EUR 4.3 billion and around 17,000 staff. The combination targets roughly EUR 25 million in annual run-rate synergies.
KKR has agreed to acquire Flow Control Group, a Charlotte, North Carolina distributor of flow control and industrial automation products, from Bertram Capital. Financial terms were not disclosed.
Valmet proposed to the Neles board on 29 September 2020 to start talks on a statutory merger of the two Finnish companies. Valmet had already built its Neles stake to 29.5%.
Bila Group, Denmark's largest automation solutions company, acquired all shares of Reo-Pack in Mariager, a stretch-wrapping machine manufacturer with 50 employees, after the founder's generational handover.
AVEVA agreed to acquire OSIsoft, a provider of real-time industrial data software, for $5.0 billion. The combination aims to join AVEVA's industrial software portfolio with OSIsoft's PI System.
Pneumax Group acquired FIAP S.p.A., an Emilia-Romagna industrial supplier of pneumatic technology, mechanical transmissions and process instrumentation. The deal adds eight Italian branches to Pneumax's network.
Parent companies of Cattron and LOFA Industries, both Harbour Group companies, merged to form Control Solutions, a control systems platform for engine and pump management. Terms were not disclosed.
Intertape Polymer Group agreed to acquire Schaumburg, Illinois-based Nortech Packaging and Tishma Technologies, makers of automated packaging machines. XLCS Partners advised the sellers.
IMI plc agreed to acquire Bimba, a Monee, Illinois maker of actuators and pneumatic cylinders, for $198 million in cash, with a further $2.5 million set aside for staff retention. Completion is subject to merger clearance and approval by Bimba's ESOP.
Arnon Oy acquired AB B.O. Park, a Swedish manufacturer of electric automation and pneumatic products with about EUR 2.7 million turnover in 2019, strengthening its presence in Sweden.
Valeta Group, a Halder portfolio company, acquired a majority stake in Swiss pneumatics suppliers Sirag, Univer and Uniprod, to be integrated with Drumag and EPH Elektronik Produktions.
Fagor Arrasate and Funditec have created Primus Robotics, a technological joint venture to develop and manufacture humanoid robots in Europe. The article gives no investment value or plant location.
Two Halder portfolio companies acquired 100% of SIRAG AG, UNIVER AG and UNIPROD AG, Swiss suppliers of pneumatic and automation assemblies based in Steinhausen. The companies will be merged into Valeta GmbH, and the sellers are handing over to internal successors.
Intertape Polymer Group agreed to acquire substantially all operating assets of Nortech Packaging, a maker of automated packaging machines near Chicago, Illinois, for about $36.5 million in cash plus potential earn-out. The deal was announced on February 10, 2020.
Atlas Copco made a cash takeover bid for German vision technology group Isra Vision, valuing it at 1.09 billion euros ($1.19 billion) including debt, offering 50 euros per share, a 43% premium to Friday's close.
Shorehill Capital acquired an ownership interest in Triad Technologies, a Vandalia, Ohio distributor of industrial fluid power and automation products, alongside management and the Wissman family; terms were not disclosed.
Krohne and Samson started FOCUS-ON, an equal joint venture registered in Dordrecht, Netherlands, to develop, market and produce autonomous actuators for the process industry. The announcement was dated 30 October 2019.
Ross Controls announced it acquired Pneumatrol effective 31 July 2019, adding it to the ROSS group of companies.
Thomas H. Lee Partners agreed to acquire AutoStore, a provider of cube storage systems and robotics, from EQT, which had bought the company in January 2017. AutoStore management and EQT will keep minority stakes.
Genstar Capital, a private equity firm, announced the acquisition of Ohio Transmission Corporation, an industrial automation equipment distributor headquartered in Columbus, Ohio, alongside management. The deal was announced on April 9, 2019 and no value was disclosed.
Metso acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited by acquiring all shares of RMEBS Controls Pvt. Ltd. in India to strengthen its valve network.
FLSmidth is acquiring IMP Automation Group, a provider of automated laboratory solutions for mining, including IMP's 50% stake in a joint venture. Closing is expected in Q2 2019 and terms were not disclosed.
Rockwell Automation and Schlumberger agreed to create Sensia, a joint venture offering integrated automation and measurement solutions to the oil and gas industry. The transaction is expected to close and begin serving customers in summer 2019, subject to regulatory approvals.
Hartfiel Automation acquired Fiero Fluid Power, a distributor of pneumatic, automation, motion control, robotics and instrumentation products with stocking locations in Denver, Colorado and Salt Lake City, Utah. The combined business will operate as Fiero Automation.
Emerson agreed to purchase the Valves & Controls business of Pentair for $3.15 billion, strengthening its global presence in control, isolation and pressure relief valves and actuation.
Xenon Private Equity, via its Xenon Private Equity VI fund, bought 100% of Emmeti, Mectra, Sipac and Logik, creating EMS Group, a maker of palletizing, depalletizing and conveyor lines based in Italy. The deal was reported on 28 November 2018 and no value was disclosed.
A-T Controls acquired the assets of Mighty Instruments of Houston, Texas, according to a Valve Manufacturers Association notice dated 15 November 2018.
Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.
Festo announced the acquisition of Fabco-Air, a Gainesville, Florida manufacturer of pneumatic automation components, which will continue to operate independently in Gainesville.
Emerson recently acquired AVENTICS, a manufacturer of smart pneumatic components and systems, to strengthen its fluid control and pneumatic capabilities in packaging and other automation markets.
Process Control Solutions, a process equipment distributor and systems integrator, has acquired Durkin Equipment Co., a St. Louis provider of systems integration and process instrumentation. The acquisition was official on August 18, 2018.
Emerson has completed its purchase of Aventics, a Germany-based pneumatics and fluid control technology maker with about 2,100 employees and five manufacturing locations, expanding its automation presence in Europe.
SAMSON Aktiengesellschaft acquired Israeli start-up Visual Process Ltd, adding the predictive monitoring tool SAM GUARD to its SAM DIGITAL portfolio; the transaction value is confidential.
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.
IMI Precision Engineering agreed to acquire Bimba, a maker of pneumatic, hydraulic and electric motion products with a US distributor network, for $198 million. Completion is expected in early 2018 subject to merger clearance and ESOP approval.
IMI plc agreed to acquire Bimba Manufacturing Company for US$198 million, announced on 14 December 2017, and has since completed the acquisition to strengthen its US industrial automation position.
Effective January 1, 2018, WIKA acquires Hirschmann MCS, a business unit of Hirschmann Automation and Control owned by Belden, which becomes WIKA Mobile Control with sites in Ettlingen, Chambersburg and a China joint venture.
Emerson chairman and CEO David N. Farr has proposed in a letter to acquire all outstanding shares of Rockwell Automation at a total enterprise value of about $29 billion, with the combined company to be renamed Emerson Rockwell.
Emerson agreed on October 18, 2017 to acquire Paradigm for a purchase price of $510 million, a multiple of 13 times expected 2017 EBITDA.
Fluid power distributor Triad Technologies of Vandalia, Ohio acquired Cincinnati-based industrial automation and sensing distributor Rilco Industrial Controls and its subsidiaries.
Rocsole and Flowrox are setting up the joint venture Flowrox Automation, headquartered in Kuopio, Finland, to manufacture and distribute Rocsole's Scaling Watch pipe scaling measurement solution. Flowrox's owner Capillary Oy will also buy a share of Rocsole.
AFGlobal, a Houston oil and gas OEM, acquired Advanced Measurement Inc., a Calgary-based provider of automation, controls and data management systems, previously a subsidiary of Key Energy Services. The deal was announced July 6, 2017.
Emerson completed its purchase of MYNAH Technologies, a dynamic simulation and operator training software provider, to support Emerson Automation Solutions. Terms were not disclosed.