China Avionics Systems Co., Ltd. completed the acquisition of AVIC Electromechanical Systems Co., Ltd. for CNY 48.5 billion via a share exchange, approved by regulators and shareholders.
Saint-Gobain and Dalsan have received competition authority approval to merge their plaster and plasterboard activities in Turkey. The combined entity will have annual production capacity of 100 million m² of plasterboard, 2 million tons of plaster, and 50 million meters of metal profiles.
European private equity firm Adagia Partners and Bpifrance have entered exclusive negotiations to acquire Adhetec, a global leader in technical adhesives for aerospace, from Alvest. Adhetec is based in Tarbes, France, and has 168 employees.
HDT Global, based in Solon, Ohio, acquired Aviation Ground Equipment Corp. of New York. No financial terms were disclosed.
Investment company Heartwood Partners' portfolio company ChromaScape acquired CEL Chemical, a manufacturer of adhesives, additives, modifiers and enhancers for the corrugated industry. The article gives no acquisition date, so the article date is used.
Friedrich von Nida Kälte- und Klimaanlagen GmbH has become a 100% subsidiary of Konzmann Gruppe as of mid-March 2023, as part of a planned succession arrangement. Konzmann Gruppe has around 900 employees and generated €150 million in revenue in 2022.
L3Harris Technologies received a second request from the FTC for its acquisition of Aerojet Rocketdyne, extending the HSR waiting period.
Bigge Crane and Rigging Co. acquired a majority stake in Empire Crane Company, expanding its Perfect Fleet offering to the East Coast.
Plastifab has acquired Marchel Industries, a South Carolina-based injection molding facility, expanding its US footprint and adding injection molding capabilities.
Piovan is acquiring selected assets of ProTec Polymer Processing. The deal was announced on March 15, 2023.
Apollo Global Management and Univar Solutions entered into a definitive merger agreement for Apollo to acquire Univar in an all-cash transaction valued at approximately $8.1 billion enterprise value. The deal includes a minority investment from ADIA.
Asahi Kasei Plastics North America (APNA) and Asahi Kasei Asaclean Americas (AKAC) are merging effective April 1, 2023. The combined company will operate as APNA and be headquartered in Fowlerville, Michigan.
SAMIL is set to acquire 100% stake in Germany's SAS Autosystemtechnik for 540 million euros. SAS Autosystemtechnik is a global provider of cockpit module assembly for the automotive industry.
HAL completed the acquisition of IQIP Holding B.V. on March 14, 2023. IQIP is a foundation and installation specialist for the offshore wind industry.
Exodus Global acquired Rockwheel Americas, the North American distributor of RockWheel, RockCrusher and RockScreener hydraulic attachments, and will rebrand it as RockZone Americas.
Holcim acquired HM Factory, a provider of precast concrete solutions with net sales of CHF 18 million, to expand its Solutions & Products business in Poland and Scandinavia.
ORONA, a Dutch lift company, acquired MES Liften from its director Frank Boonstra, aiming to create technological and operational synergies.
The Arcticom Group (TAG) acquired ICM, a commercial and industrial mechanical contractor, strengthening its presence in Texas and extending services into Louisiana.
Halo Microelectronics International Corporation (Halo US), a subsidiary of Silergy (Xidiwei), signed an agreement to sell its entire 30% stake in a joint venture to Navitas Semiconductor and license silicon controller technology to Navitas in exchange for $20 million worth of Navitas common stock. The agreement was announced on March 15, 2023.
Bright Power Semiconductor (Jingfeng Mingyuan) announced it will acquire a 38.87% stake in Nanjing Lingou Chuangxin Electronics for CNY250 million, increasing its ownership to 61.61%. The acquisition aims to expand product lines and enable joint development of IPM motor driver chips.
Lexair is acquiring manufacturing assets and intellectual property licenses from Keystone, an Emerson brand, for U.S. Navy products. Production will move from Emerson's Pasadena, Texas facility to Lexair's Lexington plant.
Calspan entered an acquisition agreement with Cleveland-based aerospace company TransDigm. The acquisition price is $725 million according to an SEC filing.
Getinge AB acquired 100% of the shares of Ultra Clean Systems Inc., a US manufacturer of ultrasonic cleaning technologies for surgical instruments, for SEK 170 million (USD 16 million) in cash.
SPO Global Inc. signed a definitive merger agreement to acquire Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd., which will become a wholly owned subsidiary. SFHI is a food machinery manufacturer based in Zhucheng, Shandong, China.
Parsons Corporation has entered into a definitive agreement to acquire IPKeys Power Partners, a provider of cybersecurity and software solutions for electric, water, and gas utilities, to enhance its critical infrastructure protection capabilities.
Gaches Chimie has acquired COPLA in Agen, France, and Lusocopla in Porto, Portugal, to expand its specialty chemical formulation capabilities.
ArcelorMittal has acquired Brazilian steelmaker Companhia Siderurgica do Pecem (CSP) for approximately $2.2 billion, gaining slab supply and expanding in the Americas.
Smartex has acquired Tuvis, a Turkish AI startup for textile quality control, and opened a new Engineering Tech Center in Istanbul's Maslak district.
ALPLA and Inden Pharma have formed a joint venture for pharmaceutical bottles, containers and closures made in clean rooms, combining five plants in Spain, Greece, Poland and Germany. The venture targets about 800 million packaging products in its first year.
MALION announced on March 13 that its subsidiary MALION New Materials will acquire Huihong Pigment in its entirety for approximately RMB 126 million. Huihong will become a wholly-owned subsidiary of MALION New Materials, which plans to use its production line for sodium-ion battery cathode materials.
KPM Analytics, a Union Park Capital portfolio company, has acquired Smart Vision Works, an AI technology company providing computer vision systems for agriculture and food industries. The acquisition enhances KPM's vision inspection portfolio.
LyondellBasell has entered into a definitive agreement to acquire Mepol Group, a manufacturer of recycled and high-performing technical compounds with facilities in Italy and Poland. The transaction is subject to regulatory approval.
Vertellus (now Aurorium) has acquired Centauri Technologies, a specialty materials manufacturer in Pasadena, Texas, and rebranded as Aurorium.
CNH Industrial has acquired Augmenta, a machine vision company, for an enterprise value of $110 million. Augmenta will operate within CNH's Raven brand, focusing on Sense & Act technology for selective spraying.
Huaxin Cement, through its subsidiary Huaxin (Hong Kong) International Holdings, agreed to acquire a 59.58% stake in Oman Cement Company for approximately $193.1 million. The target is a cement producer in Oman with 2.61 Mtpa clinker and 3.6 Mtpa cement capacity.
Enns Brothers Ltd. has agreed to acquire 100% of the operating assets of S.H. Dayton Ltd., a John Deere dealership in Manitoba, Canada. The acquisition includes dealership locations in Shoal Lake and other communities.
Elgi Compressors USA Inc, a subsidiary of Elgi Equipment, entered an operating agreement to acquire a 33.33% stake in CS Industrial Services LLC, its exclusive distributor for ELGi compressors in Western New York, for about $125,000. Completion is expected by 31 March 2023.
The Turin-based Maip Group, through its subsidiary Haruki Spa, has received court approval to acquire bankrupt bioplastics company Bio-On for €20 million. The plan is to restart PHA production at the Castel San Pietro plant.
Nestlé Purina PetCare purchased Red Collar Pet Foods' pet treat facility in Miami, Oklahoma, completed on March 10, 2023, to expand pet treat capacity.
Alcrete Industries, an Alabama-based precast concrete manufacturer, has acquired Cape Fear Precast, including its NPCA Certified Plant and 20-acre manufacturing site in Jacksonville, North Carolina. The acquisition expands Alcrete's reach into the North Carolina market.
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. The acquisition adds over 10,600 hardware products to Holcim's Disensa retail network and includes nine distribution centers and a fulfillment center.
Gradiant, a global water treatment solutions provider, has acquired H+E Group, a European water solutions provider with over 100 years of experience. The acquisition gives Gradiant its first footprint in Europe and strengthens its offerings for the semiconductor sector.
Tessenderlo acquired Picanol Group, a developer and manufacturer of weaving machines, engineered casting solutions, and customized controllers, in March 2023. The terms of the transaction were not disclosed.
EQT Private Equity, supported by Mubadala and Cinven, has secured 85.75% of shares in va-Q-tec AG through a voluntary public takeover offer. Closing is expected by Q2 2023, subject to merger control clearances.
Mutares SE is forming a new global tier 1 automotive supplier, Amaneos SE, by combining its subsidiaries Light Mobility Solutions GmbH, MoldTecs GmbH and SFC Group. The combined entity will have over 7,500 employees and annual sales of around €1.2 billion.
ABC Technologies completed the acquisition of TI Fluid Systems on April 15, 2025. The combined business will be rebranded as TI Automotive, a Tier 1 supplier to the global automotive industry.
Corrosion Innovations announced a merger with its long-term distribution partner CRW Consulting & Distribution, LLC on March 3, 2023. The merger aims to expand product offerings and enhance customer service in the corrosion control industry.
Anders Invest acquired a 44% participation in Bakker Hydraulic Products, a Dutch manufacturer of hydraulic grabs with a turnover of €10-15 million and about 50 employees.
The Competition Commission has approved the proposed acquisition of Aveng Trident Steel (ATS) by Trident Steel Africa (TSA), a subsidiary of Trident Steel, with conditions to promote ownership spread.
Mutares SE & Co. KGaA is forming a globally active Tier 1 automotive supplier under the umbrella of its new wholly-owned subsidiary Amaneos SE, combining Light Mobility Solutions GmbH, MoldTecs GmbH and SFC Group. The new holding company has more than 7,500 employees at 30 locations and annual revenues of around EUR 1.2 billion.