H.B. Fuller completed the acquisition of XCHEM International, an adhesives manufacturer in the UAE, to expand its Construction Adhesives business in the Middle East and Northern Africa.
H.B. Fuller completed the acquisition of Adhezion Biomedical, a U.S. medical adhesives business with customers in 40 countries, to expand in the medical adhesives market.
Precision Plus acquired the Iseli Company, a Swiss-screw machine products supplier in Walworth, Wisconsin. Both companies will become wholly owned subsidiaries of the newly formed parent company, Reader Precision Solutions.
Nordic Nanovector ASA and Thor Medical AS entered into a definitive share exchange agreement for an all-share transaction. The combined company will focus on radionuclide production for cancer treatment, with Scatec Innovation becoming the largest shareholder.
Brenntag, a German chemicals distributor, acquired Chinese specialty ingredients company Shanghai Saifu Chemical Development for an undisclosed sum. The acquisition aims to boost Brenntag's presence in the Asian personal care market and is expected to close later in 2023.
Verde Bioresins, a bioplastics producer, entered into a definitive business combination agreement with TLGY Acquisition Corp., a blank check company. The combined company is expected to list on Nasdaq under the ticker VRDE in the second half of 2023.
All4Labels Global Packaging Group agreed to acquire Springfield Solutions, a UK supplier of digital packaging assets, subject to closing conditions. Terms were not disclosed.
Celanese and Mitsui & Co. signed a definitive agreement to form Nutrinova, a food ingredients joint venture. Mitsui will acquire a 70 percent stake for $472.5 million, while Celanese keeps 30 percent. Closing is expected in the second half of 2023, pending regulatory approvals.
Johnson Controls International announced the acquisition of M&M Carnot, a North American provider of CO2 and low-charge ammonia refrigeration systems, to enter the industrial and commercial CO2 refrigeration market in North America.
Sonepar announced that its U.S. subsidiaries Crawford Electric and Irby Electric will merge in 2024 and operate under the Crawford brand, serving multiple states.
IMCD N.V. has signed an agreement to acquire 100% of the shares of Brylchem Pte Ltd and the business of Chemipac Pte Ltd and CMS Marketing Trading Co., Ltd in Vietnam. Brylchem Group generated revenue of approximately SGD85 million in 2022.
Konecranes has acquired the industrial crane service operations of Norway's Munck Cranes AS from bankruptcy proceedings, gaining access to new customers and a large installed base of Munck's industrial cranes in Norway and beyond.
LPA Médical, a Quebec manufacturer of medicalized comfort and mobility chairs, has acquired ConfortMédic Technologies, a manufacturer of medical equipment for hygiene care and mobility assistance. The acquisition aims to strengthen the long-term care sector in Quebec.
Afrimat announced the acquisition of 100% of Lafarge South Africa (LSA) for just over R1 billion. LSA is a building materials group with cement, aggregates, quarries, and fly-ash operations.
Abu Dhabi National Energy Company (TAQA) announced plans to buy Sustainable Water Solutions Holding Company (SWS Holding) for 1.7 billion dirhams ($462.91 million). SWS Holding owns Abu Dhabi Sustainable Water Solutions Company (ADSWS), which handles wastewater collection, treatment, and reuse.
Johnson Controls announced its acquisition of M&M Carnot, a maker of CO2-based industrial refrigeration equipment with low GWP, based in Annapolis, Maryland and Trois Rivières, Quebec. Announced June 2023.
Irish investment group Packaging Holdings has merged with Grafham Holdings, a UK maker and distributor of food packaging and DayMark printed labels with turnover of about GBP 30 million and around 120 employees. Grafham operates sites in Birmingham, Kent, Cheshire and Nottinghamshire. The deal was announced on 21 June 2023 and the price was not disclosed.
Zeus Group has acquired James Hamilton Group, a Northern Irish print and packaging business with annual sales of EUR 18 million and over 120 employees. The deal supports Zeus Group's 2023 growth strategy targeting group revenues above EUR 500 million.
Hon Hai Technology Group and Stellantis NV announced a 50/50 joint venture, SiliconAuto, to design and supply semiconductors for the auto industry, headquartered in the Netherlands.
Continental Pipe & Tube Cut-Off Machines acquired Rabbit Tool USA, a manufacturer of rotary cut-off machines, tube end forming machines, and deburring machines.
Allied Power Group acquired Viking Turbine Services, expanding its gas and steam turbine support capabilities for GE and Siemens platforms.
Smallridge Brothers and Robert Cole formed a joint venture to acquire the agricultural machinery business of Cornwall Farmers. The deal, for an undisclosed sum, is expected to close by November 1, 2010.
DAE-IL Corporation agreed to acquire a 50.71% stake in Daeil Automotive Parts (Zhangjiagang) Co., Ltd. from DAEILINNOTECH Corporation. The transaction is expected to close on June 22, 2023.
RefPlus acquired Ceptek Inc., a Quebec-based manufacturer of large-capacity CO2 industrial refrigeration equipment. The acquisition strengthens RefPlus's position in CO2 refrigeration.
AXEL Plastics Research Laboratories acquired RO-59, a specialty lubricant and coatings manufacturer based in Stoughton, Massachusetts.
Mayville Engineering Company announced a definitive agreement to acquire Mid-States Aluminum Corp. for approximately $96 million. The acquisition is expected to close in Q3 2023.
JPB Système has acquired a stake in France-based 3D printer manufacturer Addimetal, a strategic collaboration to share metal binder jetting 3D printing technology knowledge for short-run production of small, complex parts.
The Aumund Foundation, created in 2019, has become the new owner of the AUMUND Group companies, including AUMUND Fördertechnik, SCHADE Lagertechnik, SAMSON Materials Handling, and others, following the passing of proprietor Franz-Walter Aumund in February 2023.
Greek battery maker Sunlight Group acquired a 65% share in Portuguese company Logbatind, which sells, repairs and maintains industrial batteries and chargers, expanding its presence in the Iberian region.
Allpack and Eastpac Group announced a merger under the Allpack name, combining their packaging product ranges, production and warehouse capacity and distribution networks. The article does not give a deal value.
CSIC Longjiang GH Gas Turbine Co., Ltd. (GHGT) signed an agreement to acquire the gas turbine business of MAN Energy Solutions SE, including product centers in Oberhausen and Zurich with about 100 employees. Financial details were not disclosed.
NAC International, a Georgia-based provider of nuclear fuel services, has bought Niagara Energy Products, based in Niagara Falls, Ontario, which will become a Canadian subsidiary of NAC.
Avanos Medical has agreed to acquire Diros Technology, a manufacturer of radiofrequency products for chronic pain treatment based in Toronto, Canada. The transaction is expected to close in Q3 2023.
Saint-Gobain signed a definitive agreement to acquire cement boards producer Hume Cemboard Industries in Malaysia. The deal is expected to close before 1 October 2023.
The French Competition Authority unconditionally cleared Wienerberger Group's plan to acquire sole control of Terreal, a competitor in clay tiles and bricks, on June 19, 2023. The transaction was notified on May 11, 2023.
Michelin has agreed to acquire Flex Composite Group (FCG), a European leader in advanced composite materials, from IDI and Andera Partners for an enterprise value of €700 million. The transaction is expected to close in Q3 2023, subject to regulatory approval.
DuPont announced a definitive agreement to acquire Spectrum Plastics Group from AEA Investors for $1.75 billion, expected to close by the end of Q3 2023, to expand into the healthcare sector.
Framo Morat, part of Franz Morat Group, will acquire the complete industrial business of plastic injection molding specialist F. Morat, effective January 1, 2024, to expand capabilities in plastic injection molding technology.
BorgWarner has agreed to acquire Eldor Corporation's Electric Hybrid Systems business segment for €75 million at closing, with potential additional earnout. The acquisition includes on-board chargers, DC/DC converters, and integrated high voltage boxes, and is expected to close in Q3 2023.
Metso has signed an agreement to acquire Ab A. Häggblom Oy, a privately-owned company, to grow its mining truck body and bucket exposure.
Borflex has acquired Bobet Group, a manufacturer of elastomer-coated fabrics. The acquisition was announced on June 16, 2023.
Exens Solutions, a spin-off of Cobham specializing in defense electronics, has acquired AR Electronique, a manufacturer of radiofrequency components and subsystems. The acquisition is financed through equity and debt.
Wabtec Corporation acquired L&M Radiator, Inc., a manufacturer of heavy-duty radiators and heat exchangers, for $230 million in cash. L&M Radiator will join Wabtec's Components Group.
Isringhausen GmbH & Co. KG has acquired GMA Gustav Meyer Stanztechnik GmbH & Co. KG, a German automotive supplier of stamping and fine-blanking parts, through an asset deal.
Red Coast Industries, a newly-launched investment house, has acquired Premier Sealant Systems (trading as PremSeal), a Scunthorpe-based construction materials manufacturer, from its founding directors.
JEPLAN, Inc., a Japanese PET chemical recycling technology company, has entered into a business combination agreement with AP Acquisition Corp. The deal values JEPLAN at $300 million equity value, with expected gross proceeds of up to $180 million to expand r-PET production capacity.
Cadeler A/S and Eneti Inc. have entered into a business combination agreement to create a leading offshore wind installation company. The combined company will be named Cadeler and listed on the NYSE and OSE, with a proforma market capitalization exceeding €1.2 billion.
Investor Nimbus acquired Dücker Group GmbH, Dücker conveyor systems GmbH, and Dücker Förder-Systeme GmbH. The deal was advised by SZA Schilling, Zutt & Anschütz.
21st Century Equipment merged with 4Rivers Equipment's ag division, effective June 12, 2023, creating a network of 26 John Deere agriculture equipment stores across Nebraska, Colorado, and Wyoming.
Samvardhana Motherson International, through its subsidiary SMRPBV, signed a binding undertaking to acquire 100% of Cirma Entreprise from Vinci Energies for an enterprise value of €7.2 million. The transaction is expected to close between October and December 2023.