Grolleau signed a strategic agreement to gradually acquire OMP Mechtron, a manufacturer of metal cabinets and fast-charging station structures, starting with a 49.9% stake in 2023 and moving to 100% by 2026.
Nissin Foods (Hong Kong) agreed to acquire specified contributed capital from Nissin Foods Asia Co., Ltd. for USD 9.5 million and inject USD 2 million into Nissin Vietnam, gaining control of the Vietnamese instant noodle producer to expand its geographic portfolio and production capacity.
Groupe Airwell acquired Amzair Industrie, a heat pump manufacturer based in Plabennec, France, on June 28, 2023, and renamed it Airwell Industrie to integrate production into its value chain.
Invex Group took over the main activities of SiccaDania Group as of June 28, 2023. SiccaDania provides process technology solutions for dairy, food processing, bioenergy, and pharmaceuticals globally.
Prince Industries, a precision machining and sheet metal fabrication company, has acquired Vulcan Machine Inc., a Tampa-based provider of tight-tolerance precision-machined parts for the aerospace and defense industry.
China National Building Material subsidiary New Tianshan Cement plans to increase its stake in Ningxia Building Materials to 51% from 49% for $373 million.
Elmos Semiconductor SE and Littelfuse, Inc. signed a definitive agreement for the sale of the Elmos wafer fab in Dortmund to Littelfuse for a net purchase price of approximately €93 million. The transaction is expected to close by December 31, 2024.
French chemicals group Arkema announced the proposed acquisition of a 54% stake in South Korean PI Advanced Materials (PIAM) from Glenwood Private Equity for 728 million euros. The deal is expected to close in the second half of 2023.
Ember Infrastructure acquired Ground/Water Treatment & Technology (GWTT), a Wharton, New Jersey-based provider of commercial water treatment services. The deal was announced on June 28, 2023.
Perlon GmbH, a German manufacturer of synthetic filaments, has acquired Shaun Filaments in Goa, India, a leading Indian producer of filaments for the Asian market. The acquisition expands Perlon's presence in Asia and its market leadership in several business segments.
Arcline Investment Management proposed a take-private acquisition of Burlington, Massachusetts-based CIRCOR International at $57 per share, above KKR's $51 per share offer. The proposal was announced on June 28, 2023.
Shenzhen Longsys Electronics agreed to acquire 70% equity of Powertech Technology (Suzhou) from Powertech Technology Inc. The deal aims to build a local storage industry chain and enhance Longsys's packaging and testing capabilities.
Peinemann has acquired the aerial work platform division of Doornbos Equipment, adding approximately 800 units to its fleet. The deal includes Doornbos' fleet of aerial work platforms, taking Peinemann's platform fleet from around 1,000 to 1,800 machines.
Aretè Cocchi Technology (ACT Group) and Futuro All'Impresa S.r.l. agreed to acquire 100% of Reis GmbH & Co. KG Maschinenfabrik from KUKA Aktiengesellschaft. ACT Group holds 70% and FAI holds 30%.
GrayMatter completed a strategic merger with HTSE, Inc., a process automation and machine control provider based in Portage, Michigan. The merger expands GrayMatter's industrial intelligence platform and creates STEM-based jobs in Michigan.
Mikisew Group acquired a majority interest in JL Filtration, an Alberta-based provider of filtration equipment, rentals and field services, in July 2023. The company had previously acquired a minority ownership in February 2020.
Irish packaging group NPP acquired Food Processing Technology Irl Ltd (FPT), a supplier of packaging materials to the meat, fish and dairy sectors. Terms were not disclosed; FPT has annual revenues of €6m and 7 employees.
Murray & Roberts Holdings proposes a Deed of Company Arrangement to regain control of RUC Cementation, with MRPL becoming a subsidiary of Cementation APAC Pty Ltd, reinstating RUC within the group's mining platform.
GFE Power Products, a British generator assembler and distributor, acquired the bespoke generator manufacturer Musgrave Generators. The acquisition increases GFE's manufacturing capacity and bespoke design capabilities.
Luciole Medical AG, a Swiss medical technology company, acquired Spiegelberg GmbH & Co. KG, a German manufacturer of neurosurgical devices, from SHS Capital. The deal aims to combine product suites and distribution channels.
Ireland-based Bevcraft Group acquired the mobile canning business of Tripod Canning in Mountainside, New Jersey, entering the US market; it is its third acquisition in 18 months.
ACG took full ownership of Technical Aluminium Foil Company, a UAE-based aluminium foil packaging maker serving pharmaceutical and food industries, marking ACG's first venture in the Middle East.
AVEE Global, a subsidiary of Aapico, will acquire a 60% stake in a PROTON subsidiary, which will be renamed Aapico Avee Sdn. Bhd., as part of the joint venture.
Nefab Group acquired PolyFlex Products, a North American leader in returnable packaging solutions, to strengthen its position in the Americas and in lithium-ion battery and e-mobility segments.
Infra.Market will acquire approximately 92% stake in Strata Geosystems India from Glen Raven Technical Fabrics at an enterprise value of Rs 910 crore, aiming for category leadership in geosynthetic manufacturing.
Zavation Medical Products, a portfolio company of Gemspring Capital, acquired CoreLink, a provider of spinal implant and instrumentation systems, from The Stephens Group. Financial terms were not disclosed.
SC Autosports, a wholly owned subsidiary of Kandi Technologies Group, has entered into an agreement to acquire 100% ownership of Northern Group, Inc., a sales and marketing support company, to strengthen its North American distribution network.
TEV Ltd has acquired the assets of former refrigeration equipment manufacturer EPCS to form a new product line called 'SC-Tec'. The new line will continue manufacturing at EPCS's Thornton site, retaining existing employees.
Perenti and DDH1 announced a scheme of arrangement for Perenti to acquire DDH1 for an implied value of A$410 million, split between cash and shares, aiming to create a globally dominant driller.
ABB acquired Eve Systems GmbH, a Munich-based provider of smart home products, effective immediately. The acquisition strengthens ABB's position in smart home technologies.
Saint-Gobain acquired 100% of United Paints and Chemicals (Drymix), a cement subsidiary of Orascom Construction, for EGP 785.3 million.
Irish packaging group Zeus Group announced the acquisition of Cima Paper S.p.A., an Italian paper and board converter with annual revenues of EUR 65 million, to strengthen its vertically integrated packaging supply chain.
Nordson Corporation agreed to acquire ARAG Group, an Italian maker of precision agricultural spraying control systems and fluid components, in an all-cash deal valuing ARAG at an enterprise value of EUR 960 million.
Xinjinlu, a chlor-alkali chemical company, agreed to acquire a 53.55% stake in Anhui Tianbing Electronic Technology Co., Ltd. for RMB 300.25 million (approx. $41.5 million), expanding into military electronics.
Lucas Indian Service Ltd. agreed to acquire over 44 lakh shares from Mahle Holding (India) Pvt. Ltd. and Mahle Electric Drives Japan Corporation for a total consideration of ₹168.91 crore, increasing its stake in India Nippon Electricals Ltd. from 50.80% to 70.32%.
CCL Industries closed its C$44 million acquisition of Pouch Partners from a company owned by Capri-Sun Group. Pouch Partners makes printed and laminated flexible film for pouches and reported C$104 million in sales last year.
KSB announced the acquisition of Bharat Pumps and Compressors' technology, becoming sole owner of the products' technology and taking over spare parts and service for about 5000 BP&CL products in India.
DESOTEC completed the acquisition of Evoqua's Carbon Reactivation and Exchange Services Business. No financial terms disclosed.
SEFI has acquired FTS (France Transmission Service), a company specializing in industrial supply and power transmission with 7 commercial agencies in France.
Interface, a US-based force measurement products company, has acquired LCM Systems, a UK provider of specialized load measurement solutions, to expand its global test and measurement capabilities.
Flowplant Group, a provider of high-pressure jetting and pumping solutions in Salisbury, UK, was acquired in a management buyout completed on June 23, 2023, through the newly formed SSPM Holdings Limited led by Steve Smith.
All4Labels Global Packaging Group signed an agreement to acquire Brazilian healthcare packaging companies Faberprint, Allbox and Involv Labels as wholly-owned subsidiaries, subject to closing conditions including regulatory approval. Terms were not disclosed.
Etex, a global building materials manufacturer, closed the acquisition of UK insulation producer Superglass on 22 June 2023. Superglass operates a factory in Stirling, Scotland, and is a top-three player in the UK and Ireland glass mineral wool market.
restor3d, Inc. and Conformis, Inc. entered into a definitive merger agreement under which restor3d will acquire all outstanding shares of Conformis at $2.27 per share in cash. The transaction is expected to close by the end of Q3 2023.
AOTCO Metal Finishing announced the strategic acquisition of Connecticut-based Modern Metal Finishing (MMF), enhancing AOTCO's portfolio with anodizing services.
Bain Capital is planning to sell Ward Manufacturing LLC, a U.S. subsidiary of Proterial (formerly Hitachi Metals) that makes stainless steel tubing and cast iron pipe fittings. KeyBanc Capital Markets has been retained to run the auction.
Bernhard Capital Partners announced a definitive agreement to acquire Optimum Energy, a global leader in HVAC optimization solutions. Financial terms were not disclosed.
IFS announced it has signed a definitive agreement to acquire Poka, Inc., a Quebec-based provider of a connected worker platform for factory and field workers.
Sure Grip Controls acquired Rockford, Illinois-based Industrial Electronic Controls (IEC), expanding its product portfolio in electronic throttles, displays and sensor manufacturing.
Microwave Techniques LLC acquired Valvo Bauelemente GmbH, a German manufacturer of passive RF and microwave components including circulators, isolators and loads for high-power applications.