Life Science Outsourcing Inc. (LSO) acquired J-Pac Medical, a manufacturing, packaging and sterilization outsourcing partner to medical device and diagnostic companies, headquartered in Somersworth, New Hampshire.
ElvalHalcor, a member of the Viohalco group and sole shareholder of Etem, will join Cosmos Aluminium with a 15% stake, while current Cosmos shareholders hold 85%. The transaction involves the absorption of Etem by Cosmos Aluminium and is contingent on regulatory approval.
Ineos has completed the acquisition of a 50% stake in Shanghai SECCO Petrochemical, an affiliate of Sinopec. SECCO operates a petrochemical complex at the Shanghai Chemical Industry Park with a total capacity of 4.2 million metric tons/year.
Holcim announced it will buy Chrono Chape, a French independent provider of on-site self-leveling screeds. The purchase price has not been disclosed.
Zimmer Biomet has reached a definitive agreement to acquire Embody, a medical device company focused on soft tissue healing, for $155 million at closing plus up to $120 million in milestone payments. The acquisition strengthens Zimmer Biomet's sports medicine portfolio.
Badger Meter, Inc. acquired Syrinix, Ltd., a provider of intelligent water monitoring solutions, for £15 million in cash. The acquisition enhances Badger Meter's smart water capabilities.
Polymer Packaging, Inc. acquired The William-Allen Company, a flexible packaging and container supplier with a 33,000 square foot warehouse in North Canton, Ohio. Terms were not disclosed.
Fundermax took over 100% of Hubregtse B.V., Papiboard B.V. and West Pack Emballasje AS from the Dutch Hubregtse group, effective 3 January 2023. The businesses have about 50 employees and make solid board packaging for the fish industry in the Netherlands and Norway.
PKN ORLEN has finalized the acquisition of a part of Basell Orlen Polyolefins, specializing in the production and sale of low-density polyethylene (LDPE). The transaction was approved by antitrust authorities in Poland and the Netherlands.
George Industries, a portfolio company of Behrman Capital, announced a strategic combination with Alexander Machine & Tool Company (AM&T), a provider of engineered solutions for defense applications. Financial terms were not disclosed.
The European Commission approved the acquisition of joint control of Aubert & Duval by Airbus, Safran and TAC. Aubert & Duval supplies high-end metallurgical products globally.
FTAI Aviation Ltd. and Unical Aviation Inc. completed the acquisition of substantially all assets of iAero Thrust, the only CFM56 engine maintenance and testing facility in the Americas, based in Miami. The facility will be rebranded QuickTurn Engine Center.
Saint-Gobain, through its Chryso business, completed the acquisition of Matchem in Brazil and entered exclusive negotiations to acquire IDP Chemicals in Egypt. Matchem has two plants in Brazil and revenues of €20 million in 2022; IDP Chemicals has one plant in Egypt.
EnviroZyme has entered into a binding agreement to acquire certain wastewater business assets from Novozymes. The acquisition is expected to close in the first quarter of 2023.
Micross Components acquired KCB Solutions, a provider of RF and microwave products based in Shirley, Massachusetts, to expand its proprietary portfolio of high-reliability RF and microwave products.
Holcim subsidiary Geocycle acquired CM Rubber Technologies Inc., the largest tire recycler in northern Michigan, to provide sustainable waste management solutions and supply lower-emissions fuel to the Holcim Alpena cement plant.
Braskem, the largest polyolefins producer in the Americas, acquired taulman3D, a leading 3D filament supplier of nylon, recycled PETG, and PET filaments for aerospace, automotive, healthcare, and other industries. The acquisition doubles Braskem's market share in additive manufacturing.
Ariston Holding N.V. completed the acquisition of 100% of CENTROTEC Climate Systems GmbH, a supplier of heating, ventilation, air-handling and combined heat & power solutions with about 2,500 employees and manufacturing bases in Germany, the Netherlands and Croatia.
J. Sloan & Co. advised on the sale of Arlington, Texas-based water treatment equipment supplier Pumps and Controls to an undisclosed industry buyer. The transaction closed on September 30, 2022, and terms were undisclosed.
Mexican firm Grupo Sayer intends to invest in and acquire 50% of Dutch can coatings company Diostyl Holding B.V., a partnership announced in early January 2023.
Sonoco has signed a definitive agreement to acquire S.P. Holding, Skjern A/S, a Danish paperboard manufacturer, in an all-cash deal estimated at $88 million (675 million DKK).
Ormandy Rycroft Engineering has completed the acquisition of HVAC solutions provider HRS Hevac Ltd and plates and gaskets supplier HeatExchangerSpares.com.
Arkema finalized the divestment of Febex, a phosphorus-based chemistry company, to Belgian group Prayon on January 3, 2023. Febex produces phosphorus derivatives for electronics and pharmaceuticals, with sales of around €30 million in 2021 and 59 employees at one site in Switzerland.
The Schaeffler Group completed the acquisition of Ewellix on January 3, 2023. Ewellix, a global innovator in linear motion and actuation solutions with approximately EUR 250 million in net sales and 1,250 employees, will operate as an additional business within Schaeffler Industrial.
Deutsche Beteiligungs AG and DBAG Fund V sold their shares in Heytex, a manufacturer of technical textiles, to Bencis. The sale concludes DBAG Fund V, which saw Heytex expand into the US and acquire Tencate.
MagnaFlow Group, a manufacturer of performance exhaust and emissions control products, acquired Camburg Engineering, a brand in off-road racing and aftermarket suspension. The founders will continue their roles.
Kempf GmbH acquired a majority stake in Dutch company KeyBAKE, both specializing in bakery sheets, molds, and coatings. Kempf also announced significant investments in the Dutch production site, including a deep-drawing line for sheets.
Kaufmann acquired 51% of the shares of Chilean company Peña Spoerer y Cía, which sells and leases equipment for mining, forestry, and other sectors. The transaction closed on 17 October 2022.
Cremer North America, a subsidiary of CREMER Holding Company, acquired the business of Volunteer Pastilles, Inc., a provider of custom pastillating, packaging and related services with locations in Dayton, TN, and Lake Charles, LA.
A subsidiary of Synagro Technologies acquired substantially all assets of Burch Hydro, Inc., an Ohio-based provider of biosolids and lime-residuals management services, adding more than 20 municipal customers.
NMG Aerospace acquired Matco Manufacturing, a Salt Lake City-based manufacturer of aircraft wheels, brakes, and related components for experimental and light sport aircraft. The acquisition was finalized in Q4 2022.
Cementos Argos and Saint-Gobain announced the closing of an agreement to create a joint venture in Colombia, Saint-Gobain Weber Colombia S.A.S., to develop mortar solutions. Saint-Gobain acquired 60% and Cementos Argos acquired 40% of the joint venture vehicle.
GenServe, a portfolio company of GenNx360 Capital Partners, acquired Illini Power Products and Gen-Power, key players in the Chicago generator market. The acquisition expands GenServe's geographic presence into the Midwest.
New State Aviation Holdings has acquired Blackhawk Aerospace, a provider of aircraft performance improvements including engine upgrades for turboprop planes. The acquisition was announced on January 3, 2023, and terms were not disclosed.
Cactus, Inc. has entered into a definitive agreement to acquire FlexSteel Technologies Holdings, Inc., a manufacturer of spoolable pipe technologies. The acquisition was announced on January 3, 2023.
First Brands Group, a global automotive parts manufacturer, will acquire Horizon Global, a manufacturer of towing and trailering equipment, in an all-cash tender offer for $1.75 per share. The transaction was announced on January 3, 2023.
Finnish technology group Valmet has completed its acquisition of the US-based Process Solutions business of NovaTech Automation. The deal was announced in November 2022.
Newlat has purchased France-based EM Foods from Dr. Oetker for EUR 20 million, including a manufacturing plant in Ludres, France. The deal closed on 2 January 2023.
FIT Hon Teng Limited has entered into a share purchase agreement to acquire PRETTL SWH group, which will become wholly owned by FIT. PRETTL SWH group specializes in automotive sensor harnesses and connectivity solutions for EVs.
Bharat Forge's step-down subsidiary J S Auto Cast Foundry India has entered into a business transfer agreement to acquire Indo Shell Mould's SEZ unit in SIPCOT, Erode, Tamil Nadu. The unit has a capacity of 42,000 MTPA and supplies machined castings to automotive customers.
Airbus Helicopters completed the acquisition of ZF Luftfahrttechnik, now renamed Airbus Helicopters Technik GmbH, based in Kassel-Calden. The company, a manufacturer of dynamic components for helicopters, had revenues of €94 million in 2021 and employs over 450 people.
Hiperbaric's founding and management team increased its stake to 55%, becoming the main shareholder, in a transaction valuing the company at €267 million. The investment fund Alantra reduced its stake to 10%, and INNVIERTE (owned by CDTI) joined as a new shareholder.
Donaldson Co Inc acquired Isolere Bio Inc, an early-stage biotechnology company developing IsoTag reagents and filtration processes for biopharmaceutical purification.
Ingersoll Rand Inc completed the acquisition of SPX Flow's Air Treatment business for approximately $525 million in cash. The business includes brands such as Hankison, Pneumatic Products, Jemaco, Deltech and Delair.
Büfa Composite Systems has taken over the composites distribution activities of Joh. Klinglhuber & Söhne (JKS) in Austria, now operating as Büfa Composites Austria at the same site in Vienna.
Lotte Biologics completed the acquisition of a plant from Bristol Myers Squibb in Syracuse, New York for $160 million on January 1, 2023, to develop it as its North American center.
Sunnen Europe Holding AG has acquired Hommel Präzision GmbH, a distributor of Sunnen's cross-grinding machines and accessories in Germany, effective January 1, 2023. The acquisition includes about 30 employees.
DIEFFENBACHER acquired the know-how and key assets of BERTSCHenergy, a power plant manufacturer based in Bludenz, Austria, through its new subsidiary DIEFFENBACHER Energy GmbH. The deal includes all 150 employees and the existing product portfolio.
Kiewit Corporation completed its acquisition of Weeks Marine, Inc. and its subsidiaries for an undisclosed amount.
Hitachi, Ltd. acquired Flexware Innovation, Inc., a manufacturing systems integrator in the US, to strengthen its MES, SCADA, and digitalization capabilities in North America.