Anchor Partners acquired JR Custom Metal Products Inc., a manufacturer of custom metal fabrication products including material handling equipment, based in Wichita, Kansas.
Better Doors and Windows, a door and window manufacturer, merged with Compose Build, an architecture and construction company, to form a vertically integrated supply chain for door manufacturing and construction in Texas.
Ahlstrom received a binding offer from Accursia Capital to acquire its Stenay plant in France. The potential acquisition is subject to consultation with employee representatives.
Samvardhana Motherson International, through its subsidiary SMRPBV, agreed to acquire assets and shares of Germany's Dr Schneider Group from insolvency administrator for an enterprise value of €118.3 million. Dr Schneider makes interior polymer components for premium vehicles.
Metso signed an agreement to acquire Brouwer Engineering, an Australian company specializing in automation and control systems for bulk material handling. The acquisition strengthens Metso's bulk material handling services in Australia.
Foxconn will acquire a 50-percent stake in ZF Chassis Modules GmbH, a unit of ZF Group that bundles passenger car axle systems assembly, with an enterprise value of approximately €1 billion, forming a 50-50 partnership.
Construction Forms, Inc., a portfolio company of H.I.G. Capital, acquired Tricon Wear Solutions, a manufacturer of abrasion-resistant steel plates and fabricated products. Tricon will operate under the CFI umbrella.
Score Group acquired Kampen Valve Care B.V., a provider of valve maintenance and repair services to European downstream and upstream markets, to expand in the Netherlands and Benelux. The deal was announced in July 2023.
Global investment firm KKR entered a definitive agreement to acquire Chase Corporation, a specialty chemicals manufacturer, for approximately USD 1.3 billion in cash, including debt assumption. The transaction is expected to close in Q4 2023.
RMB Ventures acquired a 45% equity stake in Mafika Engineering, a rebuilder of high-horsepower diesel engines for the mining industry. The investment aims to help Mafika expand its operations.
Ramkrishna Forgings Ltd has approved an investment of around ₹205 crore to acquire Multitech Auto Private Ltd and its wholly-owned subsidiary Mal Metalliks, which have a capacity to manufacture 21,600 mt per annum of machined SG & CI castings.
Companhia Brasileira de Alumínio (CBA) has signed a contract to acquire Arconic's operation in Itapissuma, Pernambuco, Brazil, for $50 million. The unit has a production capacity of 50,000 tonnes per year of aluminum sheets and plates.
Furukawa's subsidiary OFS sold its Danish fibre plant to Germany's Heraeus Comvance.
MOIRA Capital and INBERGUNE have acquired a 30% stake in CIMICO, a wastewater treatment biotechnology company, through a €7 million capital increase to fund national and international expansion.
Sur Tec, a global manufacturer of specialty chemicals and surface treatment solutions, acquired Italian chemical supplier TF Chemical. The acquisition strengthens Sur Tec's position in the Italian market.
Consilium Private Equity fund has acquired a majority stake in Italian aerial lift manufacturer Cela. The senior management team retains a substantial stake, and CEO Paolo Troni will continue to run the business.
Rio Tinto will acquire a 50% equity stake in Giampaolo Group's Matalco business for $700 million, forming a joint venture to manufacture and market recycled aluminium products. Matalco operates seven facilities in the US and Canada with 900,000 tonnes per annum capacity.
Private equity firm KKR is set to acquire Circor International, a global pump-and-valve manufacturer, for about $1.7 billion or $56 per share, after outbidding a rival offer from Arcline. The deal is expected to close in Q4 2023, pending regulatory approvals.
Celanese Corporation announced on July 20, 2023, that it has reached a final agreement to sell its 45% stake in the Polyplastics joint venture to Daicel Corporation for $1.575 billion. After completion, Daicel will own 100% of Polyplastics.
John Cockerill acquired Les Plastiques Cy-Bo Inc., a Quebec-based thermoplastic products company, and merged it with its subsidiary to form John Cockerill Cy-Bo Inc. The acquisition expands John Cockerill's capacity for industrial thermoplastic products in North America.
Spirit Electronics, Phoenix, AZ, acquired Insight Analytical Labs, Colorado Springs, CO, to add device analysis services including destructive physical analysis (DPA) to its semiconductor supply chain services.
Groupe SEEB has acquired COLLET & AMBLARD, creating a new entity SEEB COLLET AMBLARD specializing in complex high-precision machining, with revenue of EUR 3.5 million and 30 employees.
Cadence Design Systems has agreed to acquire the SerDes and memory interface PHY IP business from Rambus Inc. The transaction is expected to close in the third calendar quarter of 2023.
Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.
Fluid Power Solutions has welcomed Safe Air Valve Company into its team, adding pneumatic valve repair, pneumatic systems and component distribution to its hydraulic repair services.
Avior has completed the acquisition of Brematech Inc., a Quebec-based fabricator of machined components for the aerospace and defense industry. The deal adds CNC turning and lathe capabilities to Avior's aerospace machining business.
ATS Corporation acquired Odyssey Validation Consultants Limited, an Ireland-based provider of digitalization solutions for the life science industry. Odyssey will join ATS' Process Automation Solutions business.
Vance Street Capital's Micronics Engineered Filtration Group acquired AFT, a filter media division of FLSmidth. AFT was started by FLSmidth in 1999 and was known previously as Advanced Filtration Technologies.
Decisive Dividend Corporation acquired Innovative Heating Technologies Inc. (IHT), a manufacturer of heating mats and lighting solutions for hog production, for $15.5 million. The acquisition was funded through an expanded credit facility.
ADNOC and OMV Group have entered formal negotiations to potentially merge their interests in Borealis AG and Borouge PLC into a new jointly owned petrochemicals company, held equally by both partners. The deal is preliminary and subject to approvals.
AgroFresh Solutions acquired Tessara, a post-harvest solutions provider, from Carlyle. The acquisition expands AgroFresh's presence in table grape and berry solutions and strengthens its reach in South Africa, China, Australia, and South America.
Sika completed the acquisition of AkzoNobel's Building Adhesives business for €260 million on October 1, 2013, including two manufacturing facilities in Germany and France and 550 employees.
The German Mubea Group is acquiring the Aerostructures Germany & Hungary unit from Ruag International. The unit is the exclusive supplier for the Airbus A320 family, with sites in Oberpfaffenhofen and Eger.
The vacuum equipment manufacturer Schmalz Group acquired UK-based Palamatic, a stainless steel vacuum lifter and crane specialist, and Sweden-based Binar Handling, an electric manipulator and rope balancer specialist.
Albemarle Corporation agreed to amend the MARBL joint venture with Mineral Resources, taking 100% ownership of the Kemerton lithium hydroxide processing facility in Australia and retaining full ownership of its Qinzhou and Meishan facilities in China, with expected payment of US$380-400 million to Mineral Resources.
Ventra Health acquired ArcMed, an India-based billing and automation services organization.
River Associates Investments acquired I&I Sling Inc. and Slingmax Inc., combining them with Yale Cordage (acquired in 2020) to form a leader in synthetic ropes and heavy lift slings.
Sunlight Group Energy Storage Systems acquired 100% of Triathlon Holding GmbH, following an initial 51% stake earlier in 2023, to unify operations and become a champion in industrial mobility batteries and energy storage.
Elevion Group acquired Alexander Ochs Group, a Karlsruhe-based HVAC supplier, expanding its portfolio in heating, air conditioning, and ventilation technology in southwestern Germany.
Talentis Group signed a letter of intent for exclusive negotiation rights to acquire Lukavac Cement, which operates a 650,000t/yr integrated cement plant in Tuzla Canton, Bosnia and Herzegovina, from Asamer Baustoffe.
Valia Energía, a portfolio company of Actis, acquired EVM Energía, adding two natural gas-fired power plants (850 MW combined cycle and 100 MW simple cycle) in Mexico, and purchased GE Energy Financial Services' 40% stake in EVM II.
Harbin Electric agreed to sell 51% of its wholly-owned subsidiary Dongzhuang Company to Jidian for about RMB 401 million in cash. The transaction will allow Harbin Electric to exit the electric motor business and focus on power generation equipment.
Russia's Inter RAO is acquiring Ural Turbine Works, the largest Russian producer of steam turbines, from MosElektroShchit. The deal strengthens Inter RAO's machinery capabilities.
BMC Enterprises Inc. has completed acquisitions of Raineri Building Materials, Eureka Materials and Blue Grass Ready Mix within the last three months, expanding its aggregates, ready mix concrete and concrete products operations in Missouri, Illinois and Arkansas.
BBB Industries, a portfolio company of Clearlake Capital Group, has acquired Hydraulex, a Michigan-based remanufacturer and supplier of hydraulic pumps, motors, cylinders and valves. TM Capital acted as exclusive financial advisor to Hydraulex.
The Collins Companies of East Windsor, Connecticut acquired Washburn-Garfield Corporation, a pipe, valves and fittings distributor, and Waites Company of Worcester, Massachusetts, an abrasives and cutting tools distributor. The deal was announced July 18, 2023.
LightRidge Solutions, a portfolio company of ATL Partners, acquired Trident Systems, a provider of space electronics and C4ISR solutions. Financial terms were not disclosed.
SPUR a.s. became the sole owner of EPOLI (Czechia), s.r.o., a manufacturer of expanded polyethylene, on July 17, 2023, expanding its manufacturing and logistics capabilities.
Viessmann Refrigeration Solutions will acquire BMIL Technologies LLC, a North American system integrator, to enter the North American market for clean & cold room operations.
Koinos Capital has acquired a majority stake in Ultrabatch, an Italian producer of additive masterbatch for plastics. The deal involves founders selling their shares and Diego Moretti reinvesting.