Ambienta's platform company In.Pack Machinery acquired Karlville Swiss, a manufacturer of machines for pre-made pouches headquartered in Balerna, Switzerland. The acquisition is part of Ambienta's buy-and-build strategy in packaging machinery.
LifePort acquired the advanced materials line of business from Aeromatrix Composites, including composite panels, adhesives, and payload component product lines. The acquisition supports LifePort's vertical integration strategy in aerospace.
Piab Group entered into an agreement to acquire IB Verfahrens- und Anlagentechnik GmbH & Co. KG, a developer of turnkey systems for filling, emptying, metering, and conveying bulk materials. The acquisition is planned to be finalized shortly.
RHI Magnesita acquired Dalmia GSB Refractories GmbH, a supplier of monolithic lances and precast products to European steel customers, for approximately €13 million in cash. The acquisition is expected to close in the first half of 2023.
ABLIC Inc., a MinebeaMitsumi group company, resolved to acquire all shares of Samurai Semiconductor Corporation (SSC) on March 29, 2023, making SSC a subsidiary. The acquisition aims to strengthen ABLIC's analog semiconductor development capabilities for medical and automotive applications.
Sintex-BAPL transferred its two- and four-wheeler plastic-moulded automotive components business to Plastauto for Rs 110 crore under a business transfer agreement signed March 29, 2023.
Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.
Danfoss A.S. plans to acquire Italy's Alfagomma Group to gain further market share in Europe in fluid conveyance.
Russia's government commission approved the sale of International Paper's 50 per cent stake in Ilim SA to its Russian joint venture partners for $484 million, with a further $24 million deal for IP's remaining 2.39% stake in JSC Ilim Group; completion is expected in April 2023.
Sofidel signed an agreement to acquire the Hakle trademark, the Dick&Durstig and Servus brands, and related IP and domains from Hakle GmbH. Hakle GmbH will keep producing paper at its Düsseldorf-Reisholz site under a new name. The deal takes effect after regulatory authorization.
Randon Companies has acquired the remaining 20% of Auttom Automação e Robótica, consolidating full ownership. The acquisition was consolidated on March 28, 2023, and includes unifying Auttom with RTS Industry.
Universal Matter UK, a subsidiary of Universal Matter, acquired all shares of Applied Graphene Materials UK and Applied Graphene Materials US for $1.3 million on March 28, 2023. The acquisition enhances dispersion and application capabilities for graphene-based paints and coatings.
Prysmian Group will acquire General Cable for $30 per share in cash, valuing General Cable at $3 billion including debt. The transaction was approved by both boards and is expected to close by Q3 2018.
Barrett Steel will acquire the majority of collapsed steel business Aartee Bright Bar in a £13 million rescue deal, saving 173 jobs. The Dudley site will close, resulting in 45 redundancies.
MosChip Technologies signed a share purchase agreement to acquire Softnautics Inc., a California-based product engineering solutions company, for $17.25 million. The acquisition will be completed next quarter and adds over 185 employees.
Holcim acquired Quimexur, a leading producer of liquid membranes for roofing and waterproofing applications in Argentina, expanding its roofing and waterproofing business in Latin America.
SunMed has entered into a definitive agreement to acquire Vyaire Medical's business unit that manufactures and markets respiratory and anesthesia consumables focused on airway management and operative care. The announcement was made on March 28, 2023.
Builtech Group has acquired Otto Zepp Heizung-Lüftung-Klimatechnik GmbH, a regional HVAC and sanitation specialist based in Offenburg, Germany. The acquisition was announced on March 28, 2023.
RSK Group acquired 4AP-Geoteknik, a Danish geotechnical services company based in Hadsten, Denmark. This is RSK's first acquisition in the Nordic region. 4AP-Geoteknik provides land-based geotechnical services including drilling, testing, and advisory.
Brenntag announced the acquisition of Aik Moh Group, a chemical distributor headquartered in Singapore, expanding its footprint in Southeast Asia.
Burberry announced plans to acquire a specialist technical outerwear factory from Pattern SpA in Turin, Italy, for €21 million. Approximately 70 Pattern employees will join Burberry upon completion, expected later in 2023.
Piab Group has acquired COVAL, a global supplier of vacuum automation components and systems with over 35 years of history. The transaction was funded through a mix of external and internal sources.
The UK's Competition and Markets Authority is investigating whether EDF's proposed acquisition of General Electric's France-based nuclear turbine business could harm competition in the UK. The deal was announced earlier, and the CMA is inviting comments.
JLS Automation, a designer and manufacturer of robotic packaging machinery, acquired K2 Kinetics, a provider of palletizers and case packers. The acquisition adds K2's product line to JLS's offerings and will be housed in JLS's newly expanded production facility.
Felbermayr Holding GmbH plans to acquire 100% of Dorn Lift GmbH, an aerial work platform dealer and renter based in Lauterach, Austria. The acquisition is expected to close on May 1, 2023, pending regulatory approval.
Jindal Poly Films Ltd has purchased 100% shareholding of Global Nonwovens Limited (GNL) via a Share Purchase Agreement, making GNL a wholly owned subsidiary. The target company deals in non-woven items for industrial applications.
EDF has signed a binding agreement to acquire General Electric's nuclear steam power division, including the Arabelle steam turbine technology. The UK Competition and Markets Authority has opened a probe into the deal, which is expected to close in the second half of 2023.
Karlville Swiss has joined the In.Pack Machinery group alongside Mobert, Amutec and SCAE to create a leading provider of bag and pouch converting machines. The group has established a USA office in Miami, Florida.
RSI EnTech, LLC, an ASRC Industrial company, has acquired Envirachem, a specialty environmental radiological and chemical services provider based in Maryland Heights, Missouri. The acquisition enhances RSI's environmental services offerings.
Eppinger-Gruppe and Techniks Tool Group (TTG) have merged to form Eppinger Technologies. The combined entity will offer a broader range of tooling and automation technology for CNC machining centers.
Techniks Tool Group, backed by Z Capital Partners, announced a definitive agreement to acquire Eppinger Group, a German designer and manufacturer of high-precision tooling systems and gears. The combined business will be named Eppinger Technologies. The transaction is expected to close later this week.
In March 2023, enterstore acquired a majority stake in Unuodesign, a Czech textile brand that manufactures fabric from recycled softshell material. The terms of the transaction were not disclosed.
Électricité de France SA (EDF) announced its anticipated acquisition of the nuclear steam power business owned by General Electric Company. The UK Competition and Markets Authority cleared the merger on 25 May 2023.
NRW Holdings announced the acquisition of Bunbury-based OFI Group Holdings for about A$4 million. OFI specializes in industrial electrical engineering, automation, switchboard design and manufacture, and is expected to generate A$40 million of revenue next financial year.
Panasonic Holdings is planning to sell its commercial refrigeration equipment assets in Dalian, China, to Bingchuan Group for about 100 million yuan. The sale includes assets for retail and restaurant refrigeration, and follows previous sales of cold storage and compressor businesses.
Daikin Industries has acquired Alliance Air Products, a custom HVACR manufacturer, and CM3 Building Solutions, a building energy management company, in the United States to enhance its HVACR data capabilities and target the US market.
Indian glass producer AGI Greenpac received approval from the Competition Commission of India for the proposed acquisition of Hindustan (a glass packaging supplier).
Xinfengming (603225.SH) signed an agreement on March 27, 2023 to acquire a 35% stake in Guangxi Tongkun Petrochemical Co., Ltd. from Tongkun Holding for 113 million yuan (about $16.4 million). Guangxi Tongkun is a chemical raw materials company in the early construction stage in Qinzhou, Guangxi.
Calico Group and Sound Partners jointly acquired Tradewinds Mechanical, a commercial HVAC-R company based in Las Vegas, Nevada. The acquisition provides resources for growth.
EGCO Group completed the acquisition of a 49% interest in the Rhode Island State Energy Center, a 609 MW natural gas-fired combined-cycle power plant in Johnston, Rhode Island, on 24 March 2023. The deal adds 298 MWe to EGCO's capacity.
Kirk Kapital led an acquisition of PR electronics A/S together with specialist private equity firm AGIC. PR electronics designs and manufactures signal conditioning devices for process and factory automation.
Garsite Progress LLC, an entity formed by AFI Partners, acquired Garsite and Progress Tank, U.S.-based manufacturers of aviation refueling and liquid waste transportation equipment.
Tube Investments of India and Premji Invest signed a share purchase agreement to acquire 100% of Lotus Surgicals for Rs 348 crore. Tube Investments will hold 67% and Premji Invest 33%, marking their entry into the med-tech business.
German Koch Solutions GmbH, a subsidiary of Jiangsu Rainbow Heavy Industries, signed a non-binding letter of intent to acquire FLSmidth A/S's global bulk material handling systems business and its global after-sales service system. The transaction is expected to be signed in Q2 2023.
China General Technology (Group) Holding (GENRTEC) acquired a 77.14% share in Kunming Machine Tool, becoming its largest and controlling shareholder, as part of the reorganization of Kunming Machine Tool.
Badger Meter acquired Syrinix for £15 million.
HTI Cybernetics, a North American provider of customized manufacturing automation solutions for the automotive industry, has been acquired by NanSun Technology Holding, Inc., a subsidiary of Chongqing NanSun Automation Technology Co., Ltd.
Berkshire Grey, a provider of AI-enabled robotic solutions, has entered into a definitive merger agreement with SoftBank Group Corp. SoftBank will acquire all outstanding shares not already owned for $1.40 per share in an all-cash transaction valued at approximately $375 million.
MCB has reached an agreement to acquire 100% of the shares of Belgian steel distribution group Saey, pending regulatory approval. Saey has about 100 employees and operations in Kuurne, Heule and Zwijnaarde, serving the Benelux and France.
Megasa, a Spanish steelmaker, has acquired Société Rouennaise de Déroulage (SRD), a metal processor in Normandy, France. The deal value was not disclosed. SRD has capacity to move 150,000 tonnes of products and port access for ships up to 10,000 tonnes.