Seco Tools, based in Fagersta, Sweden, acquired Premier Machine Tools Ltd. (PMT) of Kildare, Ireland, a supplier of machining technology for the medical industry. PMT will continue to operate independently under its own brand.
Atlas Holdings and Jupiter Aluminum Corporation announced a definitive agreement for Jupiter Aluminum to acquire Aludium, an aluminum rolled products business with operations in Europe. The sale is expected to close in Q2 2023.
The family of a great-grandson of the founder of fabrics group Romo has bought out another great-grandson and his family in a transaction that concentrates ownership of the approximately £100 million business.
Mechan International, part of the Netherlands' Zweegers Equipment Group, acquired Toromont subsidiary AgWest Ltd. in Manitoba, Canada, which will continue operating under the AgWest name and selling AGCO brands.
Aliaxis, through its Finnish subsidiary Unari Holding Oy, announced on 22 May 2023 a voluntary all-cash public tender offer at EUR 25.75 per share for all Uponor shares. The offer is conditional on acceptance above 50 percent and is expected to complete in early Q4 2023.
Polaris has acquired a majority stake in Sealing System, a supplier of intralogistics and automated packaging and palletising lines. The article is dated 17 April 2023 and gives no deal value.
Samvardhana Motherson International Limited agreed to acquire an additional 30% stake in Youngshin Motherson Auto Tech Limited from Young-Shin Components Co., Ltd. for INR 66 million, increasing its holding to 80%.
KLK OLEO, through its subsidiary KLK Emmerich GmbH, completed the acquisition of a controlling stake in Temix Oleo SpA for an undisclosed sum.
Acuity Brands announced a definitive agreement to acquire KE2 Therm Solutions, a provider of intelligent refrigeration control solutions. The transaction is expected to close in spring 2023.
Bertsch Foodtec GmbH, an Austrian company of the Bertsch Group, has finalized the acquisition of 100% of the capital of Italian company Giacomazzi Food Tech S.r.l., a producer of plants and components for the dairy industry.
CPM, a provider of process equipment, has acquired IDAH, a Taiwanese specialist in pelleting, extruding and drying equipment for aqua feed, pet food and plant-based protein markets.
The Mumbai bench of NCLT approved the Rs 897-crore resolution plan of AM Mining India Private Limited, a joint venture between Arcelor Mittal and Nippon Steel Corporation, to acquire Indian Steel Corporation, a Surat-based steel manufacturer.
RoMan Manufacturing acquired Grand Power Systems Inc., a designer and manufacturer of engineered electrical products for commercial OEM and industrial markets.
EUROPIPE GmbH sold its US subsidiary Berg Pipe to Borusan Mannesmann, effective April 13, 2023. Berg Pipe operates steel pipe plants in Mobile, Alabama and Panama City, Florida.
Jagenberg Converting Solutions GmbH acquired 100% of FMP Technology GmbH, a specialist in slot dies for battery, hydrogen and electronics industries, as of April 5, 2023.
Radwell International, a US-based supplier of surplus and remanufactured industrial control systems, has acquired Blackburn-based Northern Industrial. The acquisition aims to increase efficiency and scale the combined offering globally.
Hudbay Minerals will acquire all shares of Copper Mountain Mining in an all-share deal, creating a combined copper producer with 150,000 tonnes per year capacity and estimated US$30 million in annual synergies.
Destinus SA has acquired OPRA, including its OP16 gas turbine product line, on April 12, 2023. The OPRA company name will be changed to Destinus SA, while the OP16 product name remains unchanged.
McDonough Manufacturing Company acquired B.I.D. Canada Ltd., a manufacturer of custom sawmill machinery in Woodstock, New Brunswick. BID Canada will continue operations under the McDonough umbrella.
Himoinsa has acquired Powersil, a Portuguese company specializing in generator sets, electrical panels, and automation systems, to strengthen its position in the Portuguese market and Portuguese-speaking African countries.
Polaris acquired a majority shareholding in Sealing System, a Scandinavian supplier of automated packaging and palletizing lines and intralogistics solutions, headquartered in Grindsted, Denmark.
Gujarat Sidhee Cement Limited will amalgamate into Saurashtra Cement Limited, as sanctioned by the National Company Law Tribunal. Shareholders of Gujarat Sidhee will receive 62 equity shares of Saurashtra Cement for every 100 shares held.
Clear Comfort, an AOP solutions company, acquired Silver Bullet Water Treatment, a provider of AOP-driven solutions for agricultural, livestock and cooling tower applications. The deal strengthens Clear Comfort's position in water treatment.
TECHSiL, a subsidiary of Diploma PLC, has acquired Eurobond Adhesives as of March 23, 2023. Eurobond supplies high-performance adhesives, tapes, sealants, coatings and UV light systems.
The Konzmann Group has acquired Friedrich von Nida Kälte- und Klimaanlagen GmbH, a refrigeration and air conditioning specialist based in Oldenburg, Germany. The acquisition strengthens Konzmann's position in refrigeration technology.
Minsait, Indra's IT subsidiary, has signed a binding agreement to acquire 100% of Deuser, an industrial digitalization company specializing in operations technology. The deal is expected to close in Q2 2023.
Emerson Electric Co. has entered into a definitive agreement to acquire National Instruments Corporation. The merger agreement was announced on April 12, 2023.
Sabik Offshore, a Sedna Wind Technologies company, has acquired Weissenborn, a Danish manufacturer of aluminium solutions for offshore wind transition pieces and substations. Weissenborn will continue operations in Denmark.
Emerson announced the acquisition of National Instruments for US$8.2 billion on 26 April 2023.
Fort Wayne-based industrial supplier 3BG has completed its acquisition of Controls and Electric Motor Co. (CEMCO), a provider of motors, drives and pumps in southwest Missouri. Financial terms were not disclosed and the Missouri facility will stay open with plans to expand.
Hospeco Brands Group announced a merger with Monarch Brands, a wholesaler and manufacturer of microfiber and wiping products, expanding its product offering.
Chadwick BaRoss, a heavy equipment dealer, acquired Woodco Machinery, a Volvo Construction Equipment dealer headquartered in Woburn, Massachusetts.
Vitan Equipment, a material handling equipment provider in Grand Rapids, Michigan, acquired Liftec Inc, a dealer for Linde Material Handling, Baoli, Doosan and UniCarriers serving New York, New Jersey and Pennsylvania metro areas. The acquisition adds 35 employees.
TotalEnergies' affiliate Cray Valley has accepted an offer from Pacific Avenue Capital Partners for the acquisition of three product lines: Wingtack, PolyBD and Dymalink. The transaction includes four production sites in the United States and the Cray Valley Italy affiliate.
CEI and Mec-Diesel, along with their subsidiaries LEMA and CRD, have closed a merger to create a European leader in the production and sale of truck aftermarket parts. White Bridge Investments II will be the majority shareholder, with the group having approximately €220 million in revenue and over 500 employees.
Israeli clothing manufacturer Tefron will take over Romanian tights and lingerie maker Adesgo for over EUR 2 million plus fixed assets valued at EUR 1.5 million and inventory costs. The deal is expected to close mid-2023.
EnergyLink International announced on 11 April 2023 that it has acquired UECompression Inc., a supplier and distributor of engineered-to-order compression equipment, and appointed Keith Kern as UECompression's president.
Packaging Holdings announced the bolt-on acquisition of Ace Corrugated, a corrugated box maker based in Cavan. It is part of two bolt-on deals with a combined outlay of over EUR 11 million.
Stellantis, through its unit Automobiles Peugeot, plans to take a 32% stake in Miracle Oruide Guangzhou Auto Parts Remanufacture, a subsidiary of Miracle Automation Engineering, by raising the unit's registered capital. The deal aims to expand into auto parts recycling and refabrication.
United Flow Technologies acquired Kodru-Mooney in October 2022 and Macaulay Controls Company in March 2023, two providers of valve and control equipment for water and industrial markets.
Weiming Environmental Protection Co., Ltd. (603568.SH) announced plans to acquire 100% of Yongjia Weiming Sewage Treatment Co., Ltd. from its controlling shareholder Weiming Group and shareholder Wenzhou Jiawei Industrial for CNY 48 million. The acquisition aims to extend the company's environmental business scope.
Oriental Material Co., Ltd. (603110.SH) announced plans to acquire 51% of TD TECH HOLDING LIMITED from Nokia Solutions and Networks for CNY 2.122 billion. The acquisition will add wireless products, terminal products, and IoT products to Oriental Material's existing printing ink and adhesive business.
Indutrade acquired Waalwijk-based Siersema Komponenten Service BV, a distributor of valves, pumps, filters and heat exchangers for food and pharmaceutical processing. The company has about 35 million euros in annual sales and 50 employees.
Holland Pump Co acquired BPR Pumping & Vacuum Solutions, a Texas pump rental business with Houston and Austin branches. The deal is Holland Pump's sixth acquisition since partnering with XPV Water Partners.
MECO, a Grundfos company, acquired San Diego-based Water Works Inc, which designs and installs ultrapure industrial water systems. The deal strengthens MECO's ultrapure water treatment portfolio.
Greaves Cotton Ltd. entered a definitive agreement to acquire 60% of Excel ControLinkage Private Ltd. in the first tranche, with plans to acquire 100% through multiple tranches. The deal aims to combine motor controller and electronic sensor competencies for electric powertrain and power electronics segments.
Legacy Service Partners partnered with Buehler Air Conditioning to expand in the Jacksonville, Florida market.
HORIBA Advanced Techno, a HORIBA Group company, signed an agreement to acquire Tethys Instruments SAS, a French developer and manufacturer of water quality measurement equipment, on April 7, 2023. The acquisition aims to broaden HORIBA's portfolio in water and liquid measurement technologies.
ETEM S.A. has been absorbed by COSMOS ALUMINIUM S.A., creating a company with over 70,000 tons of aluminium extrusion capacity and projected annual turnover of over €300 million. ELVALHALCOR S.A. received a 15% stake in COSMOS ALUMINIUM as part of the deal.
The Bulgarian regulator cleared the merger between Etem and Cosmos Aluminium.