Bombardier has completed the acquisition of Latécoère's Electrical Wiring Interconnection System (EWIS) business in Querétaro, Mexico, for an undisclosed fee, including assets and staff.
Ima Schelling Group has acquired Carmet Automazioni, an Italian automation and handling technology company, and Blumenbecker Engineering System Technology, a Polish automation and robotics expert, to expand its portfolio.
China's SAMR advised Shandong Xinjufeng Technology Packaging to file its proposed acquisition of a 28.22% stake in Hong Kong-listed Greatview Aseptic Packaging from JSH Ventures. The regulator's move is considered unprecedented in hostile takeover filings.
CCL Industries bought UK-based Oomph Made, which makes RFID and NFC access cards and wristbands, for C$7.1 million. The deal is a bolt-on for CCL's Avery unit.
VSE Aviation completed the acquisition of Desser Aerospace's Distribution and MRO operations, including Desser (US), Desser Australia, Watts Aviation (UK), Aero Wheel and Brake (US), Cee Bailey's (US), and Rotable Repairs (UK). The deal expands VSE's tire, brake, and battery offerings.
APG Asset Management (on behalf of ABP) and OMERS Infrastructure have signed an agreement to acquire Kenter, an energy infrastructure solutions business, from Alliander Corporate Ventures. The transaction is expected to close in Q4 2023.
SHL Medical, a provider of drug delivery solutions, acquired 100% of Swiss automation solutions provider LCA Automation AG, including its subsidiaries in Mexico and China, effective June 29, 2023, to support global manufacturing operations.
Inframark, a water and wastewater O&M services provider, acquired Treatment Technologies (TTI), a division of Shelton Associates, expanding its commercial and industrial O&M footprint across the U.S.
Alma, a Sisram Medical company, completed the acquisition of a 60% stake in PhotonMed International Ltd for 270 million RMB (approximately $40 million USD), establishing a direct operation in mainland China.
Novacyt, through its subsidiary Novacyt UK Holdings, has made a recommended cash offer for the entire share capital of Yourgene Health plc, valuing the company at approximately £16.7 million.
Gofore has acquired the entire share capital of Creanex Ltd, a simulator developer and supplier for the work machinery industry, for an enterprise value of EUR 5.0 million. The acquisition was completed on 3 July 2023.
Incap Corporation has signed an agreement to acquire 100% ownership of Pennatronics Inc., a U.S.-based Electronics Manufacturing Services company. The enterprise value is USD 18.6 million.
Syntagma Capital finalized the acquisition of Erasteel, a key player in Powder Metallurgy High Speed Steels.
Imerys acquired an 80% stake in British Lithium, which has been developing a lithium extraction project in Cornwall, with inferred mineral resources of 161 million tons at 0.54% lithium oxide.
Jiangsu Dingsheng New Materials announced it will acquire Italy's Slim Aluminium, including plants in Germany and Italy, for EUR 56.3 million, adding 135,000 tons of aluminum sheet and foil capacity.
AcLeap Power Inc., a subsidiary of AcBel Polytech, completed the acquisition of ABB's Power Conversion division for $505 million in cash on July 3, 2023.
On 3 July 2023 Danish pump maker Grundfos acquired UK-based telemetry and analytics firm Metasphere from private equity investor XPV Water Partners. Financial terms were not disclosed; Bluefield estimates US$60-70 million.
Snetor signed a joint venture agreement with Coansa in San José, Costa Rica, on July 3, 2023, creating Coansa Snetor and providing for Snetor to acquire up to 51% of Coansa's plastics distribution business in Costa Rica, Guatemala and El Salvador.
AFIG Funds and Norfund announced the joint acquisition of Nouvelle Mici Embaci, a corrugated packaging and polypropylene bag maker in Cote d'Ivoire, to fund modernisation and regional growth.
Eurocrane announced the acquisition of Austrian crane manufacturer Voithcrane on September 12, 2026, to strengthen its position in medium- and high-end niche markets in Europe.
Irish packaging company Zeus Packaging has acquired Cima Paper, with deal consideration not disclosed. Zeus employs about 1,100 people across 51 locations in 30 countries.
Nidec announced a tender offer to acquire TAKISAWA, a listed machine tool manufacturer, for up to approximately 16.6 billion yen, aiming for full ownership to expand its machine tool business.
Blässinger Gruppe acquired Bührig-Adam Wälzlager und Antriebstechnik GmbH through an asset deal, adding locations in Hannover and Magdeburg, Germany. The acquisition was completed on July 1, 2023.
Laterlite signed an agreement to acquire 100% of Premix, a Sicilian producer of premixed mortars for construction, effective from July 1, 2023.
A. O. Smith Corporation acquired Water Tec of Tucson, Inc., a water-treatment manufacturer and dealer, for $16.8 million in cash. The transaction closed in July 2023, expanding A. O. Smith's West Coast presence.
AEA Investors has agreed to make a majority investment in SCIO Automation, an international automation platform. The closing is subject to antitrust approval.
Effective July 1, 2023, LPF High Performance Coatings will merge with Zephyr Products. The combined company plans to relocate its Kansas City, MO operation to a new paint facility in Leavenworth, KS within 12-18 months.
Duravant LLC acquired PPM Technologies, a Newberg, Oregon maker of conveying, coating and thermal processing equipment, from Stonehenge Partners. The deal was announced in July 2023.
BA Glass acquired a majority stake in Vidrio Formas, a Lerma, Mexico maker of customized glass containers, in July 2023. Financial terms were not disclosed.
Italian packaging group Goglio acquired Mega Embalagens, a Brazilian maker of flexible packaging for food, hygiene and pet food, in July 2023. Terms were not disclosed.
Berlin Packaging announced on July 4, 2023 the acquisition of Athens-based Coropoulis Packaging S.A., a supplier of closures, corks and glass containers, with all employees and locations retained.
Bausch + Lomb Ireland Limited, a subsidiary of Bausch + Lomb Corporation, has agreed to acquire Xiidra and other ophthalmology assets from Novartis for $1.75 billion in cash at closing, plus up to $750 million in milestone payments. The transaction is expected to close by end of 2023.
Golden Gate Capital entered a definitive agreement to acquire a majority equity stake in DMC Power, a designer and manufacturer of connector technology for high voltage power infrastructure. Bridgepoint will exit its investment. Financial terms were not disclosed.
Colson Group, a leading manufacturer of casters and wheels, acquired ARBCO Industries, a North American manufacturer of phenolic wheels based in Export, Pennsylvania. The acquisition expands Colson's product offerings and US manufacturing footprint.
HIRSCH Maschinenbau GmbH, a subsidiary of HIRSCH Servo AG, acquired 100% of the shares of HPC Produktions GmbH (Hellmerich) from the Taiwanese Tongtai Group, effective June 30, 2023. Hellmerich has 75 employees at its Seeboden site.
Cleveland-Cliffs Inc. has entered into a definitive agreement to acquire Stelco Holdings Inc. for a total enterprise value of approximately USD $2.5 billion (CAD $3.4 billion). The acquisition expands Cliffs' steelmaking footprint in North America.
Woodward has signed a definitive agreement to sell its heavy duty gas turbines combustion parts business in Greenville, S.C. to GE Vernova. The transaction is expected to close in early 2025.
indie Semiconductor has entered into an agreement to sell its 34.38% equity interest in Wuxi indie Microelectronics Technology Co., Ltd. to United Faith Auto-Engineering Co., Ltd. for approximately $135 million. The transaction is expected to close in late 2026.
Faurecia announced a public offer to acquire all shares of Hella at EUR 60 per share, with an estimated total enterprise value of EUR 6.7 billion. Family shareholders will retain a 60% stake.
Shanghai Hi-Tech Control System Co., Ltd. (HITE) announced it will issue shares and pay cash to purchase 75% equity of Xingzhida from eight counterparties. Xingzhida will become a holding subsidiary of HITE.
Dingsheng New Materials will acquire Italian aluminum processor Slim Aluminum for €56.3 million, including production bases in Italy and Germany with a total capacity of about 135,000 tons of aluminum materials per year.
Flowserve signed a definitive agreement to buy the Valves Division of Trillium Flow Technologies for $490 million in cash, serving nuclear and traditional power markets; closing is expected mid-2026.
Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors and its subsidiary Adicomp for approximately EUR 160 million, adding air and gas compressor capabilities to its Industrial Technologies and Services segment.
Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.
Grolleau signed a strategic agreement to acquire a 49.9% stake in OMP MECHTRON, a manufacturer of metal cabinets and racks, with a plan to increase to 100% by 2026.
Oliver Healthcare Packaging acquired EK-Pack Folien GmbH, a manufacturer of film and foil technology in Bavaria, Germany, including its subsidiary Vacopack H. Buchegger AG in Switzerland.
Translumina, a cardiovascular medical device company, acquired Blue Medical Devices, a Wellinq group company based in Helmond, Netherlands. Blue Medical produces drug-coated balloon catheters for complex coronary interventions.
Enovis Corporation has acquired Novastep, a subsidiary of Amplitude Surgical SA and global developer of foot and ankle solutions, including a minimally invasive bunion system and implants.
Achernar Assets AG has signed an agreement to acquire ERG Power S.r.l. from ERG Power Generation S.p.A., including the 480 MW CCGT cogeneration plant in Priolo Gargallo, Syracuse, Italy.
Kenn-Feld Group and TTG Equipment will merge as TRULAND Equipment, bringing together 18 John Deere locations across Indiana and Ohio. The equal merger is scheduled to occur on August 21, 2023.