Hydro signed an agreement to acquire Hueck, a provider of aluminium window, door, and façade systems and extruded aluminium profiles, for an enterprise value of EUR 60.3 million. The acquisition strengthens Hydro's presence in Germany and other European markets.
Lectra announced on December 8, 2022, the signing of an agreement to acquire 51% of the capital and voting rights of Dutch company TextileGenesis, a provider of a SaaS platform for textile traceability. The acquisition extends Lectra's software offer to material traceability and reinforces its position in Industry 4.0.
Observe Medical ASA, through its subsidiary Observe Medical AS, has signed an asset transfer agreement with Unomedical A/S and Unomedical s.r.o. to acquire trademarks and intellectual property rights for the Unometer and Abdo-Pressure urine measurement products for a total purchase price of USD 4,195,000.
Duni AB (Duni Group) has acquired 80% of the shares in Finnish company LinePack Oy, which specializes in automated packaging solutions for the food industry. The acquisition strengthens Duni Group's Food Packaging Solutions business area.
Gofore Oyj has signed an agreement to acquire the entire share capital of Finnish technology and design company Huld for a debt-free enterprise value of €54.5 million. The acquisition is expected to be completed by 1 September 2025, pending competition authority approval.
Investment AB Latour, through its wholly-owned subsidiary Swegon Group AB, has signed an agreement to acquire HC Groep, a Dutch indoor climate technology company with 386 employees and net sales of EUR 106 million in 2023. Closing is expected in August 2024, subject to competition clearance.
Sdiptech AB has entered into an agreement to acquire Kemi-tech ApS, a Danish provider of tailored chemical solutions for industrial water treatment, based in Hedensted, Denmark. The acquisition is expected to be completed after Danish Business Authority approval during summer 2023.
HEXPOL has acquired 100% of the shares in Star Thermoplastic Alloys and Rubbers, Inc., a TPE compounder near Chicago, Illinois, for $26.5 million on a cash and debt free basis. The acquisition establishes HEXPOL's presence on the American TPE market.
Irisity AB has completed the acquisition of 100% of the shares in Ultinous Zrt, a Swedish-Hungarian AI company specializing in Nvidia-based AI video analytics, for a consideration of SEK 45 million on a cash and debt free basis. The acquisition was financed through an in-kind issue of 9,000,000 new shares and a directed share issue of SEK 45 million from StockhornCapital AB.
Bosch acquired Semiconductor Ideas to the Market (ItoM), a Netherlands-based developer of high-frequency processing system-on-chip (SoC) semiconductors for automotive applications. The acquisition strengthens Bosch's development expertise in high-frequency circuits.
The Stephens Group acquired Quality Valve, an OEM replacement parts provider, from seller Pfingsten. The article gives no deal value.
Laird Connectivity acquired California-based Boundary Devices, a designer and manufacturer of System-on-Modules and Single Board Computers. The acquisition expands Laird Connectivity's SOM portfolio for IoT, industrial automation, and other markets.
The Jor-Mac Company, Inc., a contract manufacturer of engineered metal fabrications, was acquired by The Mendota Group, a private equity firm. Jor-Mac is based in Lomira, Wisconsin.
Anglo American signed a binding agreement to combine its nuGen effort with First Mode, valuing the combined business at about $1.5 billion. Anglo American will inject $200 million and become majority shareholder. The transaction is expected to close in January 2023.
Memscap sold its North Carolina manufacturing plant and certain assets to Science Corporation for $3 million. The deal includes the plant lease, tools, equipment, and foundry customers, but excludes Memscap's VOA products and IP.
Advent-backed Roehm has agreed to buy SABIC's polycarbonate sheets business for about $300 million. The deal is expected to close after antitrust approval.
Squadron Energy, part of the Forrest family's Tattarang Group, has acquired CWP Renewables from Partners Group in a deal reportedly worth more than $4 billion (USD 2.7 billion). The acquisition includes 1.1 GW of operational assets and a large development pipeline.
Marchesini Group, a packaging machinery manufacturer, has acquired Rejves Machinery Srl, a specialist in filling and capping machines for cosmetic, pharmaceutical, chemical and food products. The acquisition was announced on 7 December 2022.
Shriji Polymers (India) Limited has invested in Parekhplast India Limited and bought a controlling stake. The deal is valued in excess of Rs 200 crore. Parekhplast manufactures rigid plastic packaging for consumer goods sectors.
Nijhuis Saur Industries has finalized the acquisition of Veolia's European Mobile Water Services division, following antitrust commitments. The acquired business will be rebranded as NSI Mobile Water Solutions.
Ferrero Group has agreed to acquire Wells Enterprises, its operations and ice cream brands including Blue Bunny, Bomb Pop and Halo Top. Wells will remain a stand-alone business with offices in Le Mars, Iowa and production operations in three US locations.
Kaivac Inc. has purchased Ohio-based plastics manufacturer Eger Products for an undisclosed sum. The deal includes Eger Products' manufacturing facility, and Eger Products will now operate as Expert Roto Molding, a division of Kaivac.
ATA, the Irish precision-engineering multinational, acquired UK cutting tool manufacturer Industrial Tooling Corporation (ITC) and Dutch manufacturer Van Hoorn Carbide, bringing pro-forma 2022 revenue to circa €100 million.
Panasonic announced its intention to acquire the commercial air conditioning business of Systemair AB for an enterprise value of 100 million euros. The acquisition includes shares in Systemair S.r.l, Tecnair s.p.A, and related operations.
Dacke Industri completed the acquisition of 70% of the shares in Fogmaker International AB, a supplier of fire suppression systems for engine compartments. The deal closed on December 1, 2022.
Ambienta's platform company In.Pack Machinery completed the acquisition of Karlville Swiss, a manufacturer of machinery for pre-made pouches. The deal follows the acquisition of HolwegWeber and strengthens In.Pack's position in flexible packaging machinery.
Element Logic has acquired S&P Computersysteme GmbH, a German provider of warehouse management software SuPCIS-L8, to strengthen its intralogistics software portfolio.
Nouryon announced the acquisition of a specialty surfactant alkoxylation plant on Jurong Island, Singapore, to expand its alkoxylation footprint in Southeast Asia and serve growing regional demand in agriculture, home and personal care, natural resources, and paints and coatings markets.
BMZ Group, a battery manufacturer, announced a strategic investment by taking a majority shareholding in Schütz Kunststofftechnik GmbH, a metal and plastic processor that produces battery cell holders for BMZ.
Acea, a multi-utility group, completed the acquisition of a majority stake in ASM Terni, a water treatment and energy distributor. Financial terms were not disclosed.
UFP Packaging, an affiliate of UFP Industries, acquired Titan Corrugated, a corrugated packaging manufacturer, and its affiliate All Boxed Up, a corrugated box distributor. The combined companies had trailing 12-month sales of about $46.5 million, and Titan operates an automated facility in Flower Mound, Texas.
Prinzhorn Group has made a proposal to acquire corrugated packaging plant Scatolificio La Veggia S.p.A. in Roteglia, Italy, which is undergoing restructuring under Italian law. The final takeover is expected in 2023 after court approval; financial terms were not disclosed.
Shurtape Technologies, LLC acquired Pro Tapes & Specialties, Inc., a tape manufacturer and converter. Pro Tapes will become a subsidiary of Shurtape and continue operating its facility in North Brunswick, N.J.
onsemi completed the sale of its Niigata, Japan facility to JS Foundry K.K., a company founded by Mercuria Investment and Sangyo Sosei Advisory. onsemi entered into a wafer supply agreement with JS Foundry to ensure continuity of supply.
Nord West Management GmbH and Niederrheinische Beteiligungs Gesellschaft mbH signed an agreement to acquire GEZ Rail Solutions GmbH from Schaltbau Holding AG. The transaction is expected to close by end of 2022.
Duravant LLC acquired Marelec Food Technologies, a Belgian manufacturer of intelligent portioning and weighing/grading solutions for the food processing industry. Marelec will join Duravant's portfolio of engineered equipment brands.
GMC and Novares agreed on the sale of Novares' European bezels & clusters business to the Portuguese group. The acquisition includes two factories in Portugal and an R&D centre, subject to approval by the Portuguese Competition Authority.
Ekso Bionics acquired the Human Motion and Control Business Unit from Parker Hannifin Corporation, including the Indego exoskeleton product line. The acquisition expands Ekso's product offering into home use and adds Vanderbilt University as a partner.
WTE Wassertechnik GmbH took over HUBER SE's 50% share in sludge2energy GmbH, a joint venture founded in 2012 for thermal sewage sludge utilisation plants. The transaction is subject to regulatory approvals.
Azelis has signed an agreement to acquire 100% of Chemiplas Agencies, a distributor of specialty chemicals and plastic raw materials in Australia, New Zealand and the Pacific Islands. The acquisition strengthens Azelis' lateral value chain and market coverage in the region.
Wozair Energy Holdings, a global manufacturer of HVAC equipment for energy and marine industries, has completed the acquisition of North Sea Ventilation and Air Conditioning Limited. The deal expands Wozair's specialist ventilation equipment offerings in the energy and marine sectors.
E-Space has entered a definitive agreement to acquire CommAgility, a developer of embedded signal processing and RF modules for 4G/5G networks, from Wireless Telecom Group. The acquisition will provide E-Space with 5G source code and an in-house development team to accelerate satellite communications innovation.
Cytech, an Italian manufacturer of cycling apparel pads, has acquired a majority stake in Pasasport, a manufacturer of gloves and accessories for cycling and other sports. The acquisition aims to expand product offerings and international presence.
SIM Automation GmbH, a portfolio company of Private Assets AG, acquired Optima automation GmbH, a specialist in assembly technology with about 50 employees in Fellbach, from the Optima group. The location and workforce will be retained.
VIMAB Group signed a letter of intent to acquire 100% of AoO CNC AB, a Swedish advanced mechanical machining company, for a total purchase price of 23.3 MSEK. The transaction is planned to close in Q1 2023.
Saur signed an exclusivity agreement with Veolia to acquire Suez Industrial Water Ltd (SIWL), a UK market leader in industrial water O&M, as part of Veolia's commitments to the UK CMA. The transaction is expected to close in Q1 2023.
Danfoss announced its intent to acquire Bock GmbH, a German compressor manufacturer specializing in CO₂ and natural refrigerants, from Nord Holding GmbH. Bock has four manufacturing sites and around 350 employees.
AkzoNobel completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, strengthening its performance coatings portfolio.
Pinggao Electric's subsidiary Tianjin Pinggao Intelligent Electric will invest non-monetary assets worth 44.3 million yuan, and Pinggao Group will invest 45.7 million yuan in cash to establish a new company, Tianjin Pinggao Yidian Technology, to focus on the charging and swapping business.
Van Leeuwen Deutschland GmbH has signed an agreement to acquire ALLSTAHL GmbH, a German specialist in steel pipes for heavy vehicles, agricultural machinery, and hydraulics, with annual sales of €20 million. The integration is expected to start on January 1, 2023.