Thermogenics Inc., a provider of commercial and industrial boiler solutions, acquired Sioux City, Iowa-based Plains Mechanical Services, a full-service boiler company. The acquisition expands Thermogenics' service reach in the north central US.
Solvesta Beteiligungs GmbH acquired Dienst Verpackungstechnik GmbH out of protective shield proceedings, taking over all 73 employees. The company will continue as Dienst Packsystems GmbH at the Hofheim site, developing sustainable packaging solutions.
Appian Capital Advisory entered into a joint venture with Osisko Metals to develop the Pine Point zinc-lead project in Northwest Territories, Canada. Appian purchased shares of Pine Point Mining Limited for C$8.3 million, subscribed for C$13.1 million in shares, converted a C$6.7 million loan, and bought C$5 million in Osisko shares.
Global Water Technology acquired the chemical water treatment clients of the former Bob Johnson & Associates from Kemco Systems, expanding its footprint in the Southwestern United States and Texas.
Northavon Group completed the acquisition of Setfords Technology on February 16, 2023, forming Northavon Water Solutions to provide water and wastewater product solutions.
Henry Schein completed the acquisition of a majority ownership stake in Biotech Dental S.A.S., a French provider of dental implants, clear aligners, and digital dental software. The transaction was announced on December 16, 2022.
Cosmos Aluminum SA has merged with ETEM AE, with Cosmos absorbing ETEM. Cosmos holds 85% and ETEM/ELVAL HALCOR 15%. The combined company has a capacity of over 70,000 tonnes of aluminum and annual turnover of €300 million.
Agôn Electronics, through its subsidiary Leroy Automation, signed an agreement to acquire MIOS Elettronica, an Italian provider of electronic devices for railway systems. The acquisition aims to accelerate international expansion and reinforce railway expertise.
Alstef Group has finalized the acquisition of Solution Net Systems (SNS), a US-based provider of automated parcel handling and warehouse automation solutions, to expand its global footprint and parcel handling automation division.
BFC Group, a Triton portfolio company and specialist in clamping profiles for the automotive industry, has signed an agreement to acquire Arrowhead Industries, a core metal supplier to the automotive industry in the USA. The announcement was made on April 6, 2023.
Saint-Gobain Weber Yapı Kimyasalları acquired 50% of Dalsan Alçı and sold 50% of Saint-Gobain Rigips to Dalsan Yatırım ve Enerji, unifying their plaster and gypsum operations in Turkey.
Multi-Color Corporation has acquired Korsini, an Izmir-based in-mold label solutions provider, expanding its IML network. Financial terms were not disclosed.
RH Fibreboard, part of Goonvean Holdings, has acquired SH Fiske, a Bristol packaging producer with 26 employees, to strengthen its South-West manufacturing. Fiske will operate as a wholly owned subsidiary.
SAR Trilogy Management completed the acquisition of Epps Air Service, LLC (Epps Aviation), rebranding it as Aero Center Epps Atlanta. The business is a full-service FBO at DeKalb-Peachtree Airport.
Applied Industrial Technologies acquired Advanced Motion Systems to expand its automation portfolio.
Plaskolite has signed an agreement to acquire the land, buildings and equipment of a cell cast acrylic sheet facility in Matamoros, Mexico from Trinseo. Product shipments are expected to begin in the second half of 2023.
Dienst Verpackungstechnik GmbH, a packaging machinery manufacturer specializing in frozen pizza packaging, was acquired by Solvesta through a protective shield proceeding. All 73 employees were retained, and the company was renamed Dienst Packsystems GmbH.
Formerra, a portfolio company of H.I.G. Capital, acquired Total Polymer Solutions (TPS), a distributor of thermoplastic resins and specialty polymers. TPS has market presence in Ireland and the UK.
Aimia Inc and Paladin Private Equity acquired Tufropes Private Limited and the business undertakings of India Nets for a net purchase consideration of $235.1 million.
Migal, a mold and mechanical processing group controlled by Equinox, acquired three Italian companies: Pressofusione Comero, Sveva Stampi, and Coccoli, all based in the Brescia region. The acquisitions expand Migal's capabilities in die casting and mold making.
ITP Aero, a Spanish aerospace turbine components company, acquired approximately 10% of BJS Ceramics GmbH, a German startup producing silicon carbide fibers and preceramic polymers. The companies also agreed to collaborate on developing next-generation ceramic matrix composites for aircraft turbines.
Monsson Sarl acquired Monsson Operation Ltd from PLC S.p.A. on April 5, 2023.
Busch USA has acquired Vac-Tech Inc., a vacuum pump service and sales provider with locations in Phoenix, Arizona and Richardson, Texas. Vac-Tech will keep its brand as a Busch Group company.
Atlas Copco completed the acquisition of assets of Shandong Bozhong Vacuum Technology, a Zibo, China maker of liquid ring vacuum pumps and systems with 116 employees and about 90 million CNY in 2021 revenue. The purchase price was not disclosed.
Right Time Group acquired Oosterveld Heating and Air Conditioning, a residential HVAC company in Guelph, Ontario.
Maico Group acquired the majority shares of Turkish HVAC manufacturer Air Trade Centre (ATC) in a deal signed on 4 April 2023. The partnership aims to increase production capacity in Turkey.
Lanxess and Advent International launched their 40:60 joint venture Envalior for high-performance engineering plastics, with annual sales of nearly €4 billion and 4,000 employees. Lanxess received €1.3 billion from Advent.
Kinderhook Industries agreed to sell its portfolio company Circon Holdings to Covanta Holding, a portfolio company of EQT Partners.
Boyne Capital acquired Ryan Construction Co. and Ryan Marine, Inc., providers of marine and industrial contracting and maintenance services.
Groome Industrial Service Group, a portfolio company of Argosy Private Equity, acquired Blasting Solutions, a provider of controlled explosive deslagging services for boilers.
ScandiNova Systems AB acquired a majority share of International Electric Company (IECO), a producer of power amplifiers and precision power supplies for healthcare, scientific, and industrial markets.
Autoneum has completed the acquisition of the automotive business of Borgers, effective April 1, 2023, for an enterprise value of €117 million. The acquisition expands Autoneum's global market leadership in sustainable acoustic and thermal management of vehicles.
Konecranes has acquired the industrial and nuclear crane and crane service operations of privately held Whiting Corporation, strengthening its presence in the North American market.
ArtiFlex Manufacturing has announced the full acquisition of Hercules Machine Tool & Die, a company based in Sterling Heights, Michigan.
Competition authorities, including the EU Commission and India's authority, have cleared the planned joint venture between Advent International and LANXESS combining DSM Engineering Materials and LANXESS' High Performance Materials businesses. Closing is planned for no later than early April 2023.
The Commerce Commission of New Zealand granted clearance for Sika AG to acquire the MBCC Group, subject to the divestment of MBCC's business in New Zealand, Australia, the UK, EU, US, and Canada, including its global R&D facility in Trostberg, Germany.
SKion Water GmbH acquired 100% of the shares of Schweitzer-Chemie GmbH, a water treatment specialist. Schweitzer-Chemie will operate independently within the EnviroWater Group.
California-based Nexa3D has purchased Addifab, developer of Freeform Injection Molding (FIM) technology, which enables 3D-printed polymer tooling for short-term injection molding.
Joint Stock Company Arconic SMZ was renamed Joint Stock Company Samara Metallurgical Plant after its sale to Industrial Investments LLC in November 2022. The plant continues operations under new ownership.
Excelus Manufacturing Solutions, a Sky Peak Capital platform, acquired Maclean Precision Machine, a supplier of tight tolerance parts for aerospace, defense and semiconductor industries. The acquisition nearly doubles Excelus' capacity.
The Royal Group acquired Innovative Fiber, a corrugated packaging maker in Franklin, Wisconsin, effective March 31, 2023, adding its 18th manufacturing facility.
Greif completed a $145 million all-cash deal raising its ownership of Centurion Container, a Chicago-area reconditioner of intermediate bulk containers and plastic drums, from 9% to 80%. The deal grows Greif's North American presence.
Hidden Peak Capital acquired Zimmer & Kreim GmbH & Co. KG, a manufacturer of EDM machines, handling systems and software, effective retroactively from January 1, 2023. The seller was Indel AG.
Holcim, the world's largest concrete company, finalized the $1.29 billion acquisition of Duro-Last, a Saginaw-based roofing systems manufacturer.
Lanxess and Advent International completed the formation of Envalior, a joint venture combining DSM Engineering Materials and Lanxess High Performance Materials. Envalior expects turnover of around EUR 4 billion and 4,000 employees.
Mars, Incorporated entered into a definitive agreement to acquire Heska Corporation, a provider of veterinary diagnostic products, for $120.00 per share, representing a total value of approximately $1.3 billion. Heska will join Mars Petcare's science & diagnostics division.
Indigo Paints entered into a share purchase agreement to acquire a 51% equity stake in Apple Chemie India Private Ltd, a manufacturer of construction chemicals and waterproofing products, for Rs 6,529 per share (44,924 shares).
NEM Energy B.V. has fully acquired Balcke-Dürr GmbH on April 1, 2023. The two organizations will work closer together to expand their product and service portfolios.
Epiroc has completed the acquisition of AARD Mining Equipment, a South African manufacturer of underground mining equipment. The deal was announced on August 25, 2022.
CECO Environmental Corp. completed the acquisition of Transcend Solutions, LLC, a Houston-based process filtration solution design and manufacturing company serving hydrocarbon and chemical processing applications.