HIG Capital announced the official acquisition of 100% of Polygon spa, a Rome-based company managing medical devices, diagnostic imaging and biomedical equipment for Italian and Spanish hospitals.
Avery Dennison announced the acquisition of Thermopatch, a company with operations in North America and Europe, which will become part of Avery Dennison's Solutions Group.
King Materials Handling, a provider of materials handling and industrial storage systems based in London, Ontario, was acquired by Rite-Hite in March 2023. The terms of the transaction were not disclosed.
Public Power Corporation S.A. (PPC) signed a binding agreement to acquire all of Enel's equity interests in Romania for a total consideration of approximately EUR 1,260 million. The acquisition includes a renewables portfolio, electricity distribution and supply businesses, and is expected to close by Q3 2023.
Tokuyama Corporation will acquire the 14.5% equity interest in SHINDAI-ICHI VINYL CORPORATION held by Sumitomo Chemical, making it a wholly owned subsidiary. The effective date is planned for April 1, 2023.
Unibloc Hygienic Technologies, a provider of hygienic pumps, acquired UK-based CNC machining firm Metaltech Precision Engineers to vertically integrate its supply chain. Terms were not disclosed.
AUREA announced it has signed a conditional agreement to acquire 100% of REAL ALLOY UK, an aluminum recycling company, and RVA (Récupération Valorisation Aluminium), an aluminum waste treatment company, from Speira group. The acquisition, subject to regulatory approval, would strengthen AUREA's position in the aluminum sector and expand its presence in the UK.
Vonco Products LLC has acquired Genesis Plastics Welding, an ISO 13485-certified thermoplastics contract manufacturer specializing in RF welding and heat sealing for medical devices.
Unified Power, a portfolio company of Incline Equity Partners, has acquired Core Power & Environment, a national provider of backup power equipment and critical power maintenance services.
RFMW has agreed to acquire MRC Gigacomp and MRC Components in Germany to expand its European presence. The transaction is expected to close on March 31, 2023, subject to merger clearance approval.
Daido Steel will acquire plant facilities for hot forging die manufacturing business in the US from Elizabeth Carbide Die Co for about $3.9 million.
Solenis has entered into a definitive merger agreement to acquire Diversey, a provider of hygiene and cleaning solutions, in an all-cash transaction valued at approximately $4.6 billion enterprise value. Diversey shareholders will receive $8.40 per share in cash.
Macfarlane Group PLC announced the acquisition of A.E. Sutton Limited, trading as Suttons Performance Packaging, a specialist protective packaging business.
Family-owned corrugated packaging company Welch Packaging acquired Nashville Box, a corrugated packaging supplier.
In-Place Machine Company, LLC (IPM) announced the acquisition of Western Machine Works, LLC (WMW) to expand reach and service offerings across the U.S. and Canada.
RJD Green's subsidiary Silex Holdings signed a non-binding MOU to acquire a mid-west stone countertop and cabinet company, complementing its Silex Interiors operation.
Swedish heat pump manufacturer Nibe confirmed it is considering a potential acquisition of all or a majority of Fujitsu General's air conditioning business, with negotiations at an early stage.
ESAB acquired Swift-Cut, a UK-based manufacturer of light industrial CNC plasma and waterjet cutting machines, to expand its leadership in fabrication and cutting equipment markets.
Merit Capital Partners and BlueArc Capital Partners partnered with management to acquire CyCan Industries, a developer and manufacturer of adhesives, cleaners, lubricants, fragrances, and coatings based in Woodstock, Georgia.
Kernel Group Holdings, a SPAC, entered into a definitive merger agreement with AIRO Group Holdings, an aerospace and defense platform. The combined company is expected to have a pro forma equity value of approximately $847 million and list on Nasdaq under the symbol AIRO.
Integrated Water Services, Inc. (IWS), in partnership with Sciens Water Opportunities Management, has acquired 100% of Hyperion International Technologies, LLC, a developer of industrial control systems for the water sector based in Austin, TX. The acquisition expands IWS's product and service solutions.
Cramo has acquired Hyresbutiken, a supplier of construction, transport and processing machines in Northern Sweden, based in Skellefteå with depots in Arjeplog and Norsjö. The acquisition strengthens Cramo's position in the region.
Mentice AB acquired all substantial assets of Vascular Simulation Inc. for USD 5.6 million (approx. 48 million SEK), with a possible additional USD 0.4 million. The purchase price will be paid with a directed new shares issue.
KB Components has acquired JBJ Technology, a polymer solutions company in Noida, India, with a turnover of approximately 130 MSEK and around 500 employees. The acquisition gives KB Components a presence in India and access to a high-growth market.
Interpump Group announced the acquisition of 85% of Indoshell Automotive System India P.L. share capital, a foundry specializing in cast iron castings. The deal value is approximately €8 million, with put and call mechanisms for the remaining 15% starting April 2027.
Cosmos Aluminium, a Greek firm, has proposed to acquire Etem Commercial and Industrial Light Metals, a subsidiary of Elvalhalcor. The Bulgarian Competition Authority is examining the deal, which is expected to impact the aluminium extrusions market.
Platinum Equity has completed the acquisition of HarbisonWalker International (HWI), a supplier of refractory products and services in North America. HWI will join forces with Calderys, previously acquired by Platinum Equity, into a global business.
Hunan Silicon Internet of Things Technology Co., Ltd (SIT) announced it has formally joined OMNIVISION Group, a global fabless semiconductor company, in a merger.
Pechel, through its ReG Fund, acquired a majority stake in SMM Composites, a specialist in composite moulds and parts for naval and nautical industries, based in Lanester, France. The current shareholder Aliamar remains an investor.
Flow Service Partners, a portfolio company of RLJ Equity Partners and LP First Capital, acquired Nunning Heating, Air Conditioning and Refrigeration, an HVACR service provider in Evansville, Indiana. Financial terms were not disclosed.
Aimia Inc. has signed a definitive agreement to acquire Giovanni Bozzetto S.p.A., a specialty chemicals provider, for an enterprise value of approximately $328 million, expected to close before end of Q2 2023.
Wire-Mesh Products, Inc. has acquired Penn Wire Products Corp, a supplier of wire belts and conveyor components in Lancaster, Pennsylvania, expanding its management team and manufacturing personnel.
Renesas Electronics Corp. is in advanced talks to acquire Dialog Semiconductor for approximately $5.9 billion, offering €67.50 per share in cash.
RWE acquired JBM Solar, a UK-based solar and battery storage developer, adding a pipeline of over 6 GW (3.8 GW solar, 2.3 GW battery storage) to its portfolio. The first projects are expected operational by end of 2024.
Aquaheat Facility Services, owned by Horizon Energy Group, acquired McAra Air Conditioning of Hamilton, New Zealand, a commercial air conditioning company with 40 years of service.
Belgian chemical company Solvay will sell its 50% stake in the RusVinyl joint venture to its partner Sibur for around €430 million, resulting in a capital loss of around €175 million. The transaction is expected to close in Q1 2023.
Italy's Marchesini Group has acquired M.A.R. S.p.A., a Milan-based maker of pharmaceutical packaging machines for liquids, powders and syringes. M.A.R. will keep its Lainate site and staff and expand by hiring technicians and designers.
Unified Valve Group and VALWEST Equipment Ltd., operating as Process and Steam Specialties, have merged to form a single valve and steam equipment service business in Saskatchewan, Alberta, British Columbia and the Northwest Territories. The merger took effect on March 6, 2023.
US fridge and air-conditioning group Carrier Global agreed to buy the core business of German heat pump maker Viessmann for about 12 billion euros ($13 billion), according to Reuters Breakingviews.
Commercial Metals Company (CMC) has acquired all assets of Roane Metals Group LLC, a metal recycling company in Tennessee capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually. The acquisition aims to enhance supply of competitively priced scrap for CMC's steelmaking operations.
AEA Investors' Small Business Private Equity team has closed the acquisition of Chemtron RiverBend, a water and wastewater treatment products and services provider headquartered in St. Charles, Missouri.
DSD Steel Construction AG and FMC Ferrometalco Steel Construction have acquired a 51% stake in Al Kaabi Steel, a steel manufacturing and coating company in Dammam, Saudi Arabia.
Western Equipment Solutions (WES) has acquired the assets of Champion Equipment Sales, LLC, expanding its territories for Soilmec and Leffer equipment sales and service in North America.
Schaeffler acquired 100% of the shares in ECO-Adapt SAS on March 3, 2023. ECO-Adapt offers condition monitoring solutions based on electrical signal analysis and energy consumption optimization. Terms were not disclosed.
Turnstone Industrial Solutions acquired the operating assets of Schauenburg Flexadux Corporation on March 3, 2023, including intellectual property and customer relationships. Terms were not disclosed.
H.B. Fuller has bought the entire share capital of Lemtapes Oy, combining the two companies to expand their product range and services in Europe.
Infineon and GaN Systems signed a final agreement for Infineon to acquire GaN Systems for US$830 million in all cash, subject to regulatory approval.
Prodrive Technologies founder Pieter Janssen and HAL Investments announced on March 2, 2023 their intention to purchase all shares of co-founder Hans Verhagen, increasing HAL's ownership from 31.45% to 47.18%.
Profura AB acquired LLENTAB Group AB and LGL Construction AB from Dacke Industri, approved by competition authorities, with the takeover completed on March 2, 2023.
Hydro completed the acquisition of Hueck, a manufacturer of extruded aluminum profile systems, for €60.3 million (~US$64.3 million). The acquisition strengthens Hydro's presence in Germany and other European markets.