Hexatronic Group AB has entered into a definitive agreement to acquire KNET CO., Ltd., a global specialist in microduct technology solutions, for an enterprise value of USD 63 million (fixed USD 48 million plus earn-out). The acquisition was announced on 24 November 2022.
BULA Technologie SA, a company of Groupe Recomatic, acquired COSMAP Srl, strengthening its position in surface finishing of workpieces and automatic machinery.
UNACEM Chile and UNICON Chile agreed to acquire aggregates company Conovia for US$3.7m. Conovia has 180,000t/yr of aggregates production capacity in Valparaíso Region.
RHI Magnesita agreed to buy the India-based refractory business of Dalmia Bharat Refractories via a share swap for 27 million shares in RHI Magnesita India. The acquisition adds five plants and over 300,000t/yr of refractory capacity.
Aciturri acquired the Chromalloy - Malichaud Atlantique business unit, which manufactures aircraft parts including compressor blades and machine turbines, based in Rochefort, France. Terms were not disclosed.
Hanes Geo Components, a subsidiary of Leggett & Platt, reached an agreement to acquire the majority of the business and assets of geotextile manufacturer Nilex Inc. The transaction is subject to court approval in Canada and the US. The announcement was made on November 23, 2022.
Zanaga Iron Ore Company agreed to acquire Glencore Projects' 50% plus one share interest in Jumelles, which indirectly holds the mining licence for the Zanaga Iron Ore Project in the Republic of Congo, in exchange for a 48.26% stake in ZIOC. The announcement was made on November 23, 2022.
洛阳玻璃股份 agreed to acquire the remaining 40% equity of 北方玻璃 from 耀华集团 for approximately 164 million yuan, making 北方玻璃 a wholly-owned subsidiary to improve operational efficiency and accelerate its solar photovoltaic glass packaging material project.
Luoyang Glass (600876.SH) plans to acquire the remaining 40% equity of Qinhuangdao North Glass from China Yaohua Glass Group for RMB 164 million, making North Glass a wholly-owned subsidiary to accelerate its solar photovoltaic panel project.
All4Labels Global Packaging Group signed an agreement to acquire Romprix Exim, a Romanian manufacturer of self-adhesive labels, making it a 100% subsidiary. The transaction is subject to closing conditions including regulatory approval, and terms were not disclosed. Both production sites are near Bucharest.
First Aviation Services acquired Associated Aircraft Manufacturing and Sales (AAMSI), a Fort Lauderdale-based company that manufactures aircraft parts and offers repair and overhaul services, to augment its MRO capabilities and open new markets.
BÜFA Group acquired a minority share in Ferr-Tech, a specialty chemicals producer for industrial wastewater treatment. The investment of around €2 million will be used to increase production capacity and expand into the US. The deal was signed on November 22, 2022.
Aerzen USA has acquired Aquarius Technologies, a wastewater treatment solutions provider based in Saukville, Wisconsin. Aquarius engineers and manufactures diffused aeration products and systems.
Oxford Performance Materials announced an agreement to acquire the patent portfolio of Ketonex, Ltd., comprising high-performance PAEK polymer synthesis technology for biomedical, industrial, aerospace, energy, and electronics applications.
Bauer AG acquired all shares in fielddata.io GmbH, a software provider for specialist foundation engineering, integrating its digital solutions exclusively for Bauer Maschinen GmbH and Bauer Spezialtiefbau GmbH customers.
Continental Resources announced the completion of its merger with Omega Acquisition, Inc., taking the company private, with shares expected to cease trading on the NYSE on November 23, 2022.
Indian medtech startup SS Innovations acquired a controlling interest in Avra Medical Robotics, a Nasdaq-listed company in the United States, to bring its 'Made in India' surgical robot to the global market.
Biocare Medical, a provider of IHC and FISH instrumentation and reagents, announced the acquisition of Empire Genomics, a market leader in molecular biomarkers for cancer research and diagnostics. The acquisition expands Biocare Medical's molecular portfolio to over 1 million biomarkers.
Afinum has acquired a majority stake in the Christian Koenen Group, a manufacturer of high-tech stencils and screens for SMD and sensor technology, to support the company's next growth phase.
Shanghai Chaozhuo Metal Materials, a subsidiary of Hubei Chaozhuo Aviation Technology, will acquire 100% of Xiangyang Jiade Machinery for CNY 50 million to expand additive manufacturing applications.
Atlas Copco acquired the operating assets of Northeast Compressor, a seller of air compressors and services to industrial customers in upstate New York, strengthening its geographic coverage there; the price was not disclosed.
Structural engineering firm Elema has acquired CPA Structural Glass, expanding its structural services offerings in glass engineering.
IMCD N.V. announced that its Indian subsidiary has signed an agreement to acquire 100% of Parkash DyeChem Private Limited, a distributor of specialty chemicals for construction and printing inks.
Alimak Group AB has completed the acquisition of Tractel, a provider of height solutions, to create a global provider of sustainable premium height solutions with annual revenue above SEK 6 billion.
Healiva announced the acquisition of critical manufacturing assets, including a qualified cell bank, from B. Braun Medical AG Switzerland to accelerate the launch of its EpiDex cell therapy.
Abipa Canada has merged with France's ARM Group to create Abipa International, a larger aerospace components supplier. The merger aims to strengthen global reach and capacity to invest, with Abipa Canada having about $50 million in annual business before the merger.
OSMA-Aufzüge Albert Schenk GmbH & Co. KG will transfer its branches in Stuttgart, Munich, Regensburg and Leipzig to KONE GmbH effective January 1, 2023, including 34 employees.
JK Paper agreed to acquire 85% stakes in Horizon Packs and Securipax Packaging, India's corrugated packaging manufacturers with seven plants, for about Rs 578 crore in phases. The remaining 15% will be acquired within three years.
Panasonic Electric (China) Co., Ltd. signed an agreement to acquire a 40% stake in Panasonic Appliances Cold Chain (Dalian) Co., Ltd. from Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. for CNY 71 million on November 18, 2022.
ScandiNova Systems AB acquired Scanditronix Magnet AB, a producer of magnets and coils for medical, industrial and research applications, located near Växjö, Sweden, adding 30 employees.
Neuenhauser Group has taken over the Textile Machinery business unit of Ontec in Naila, Bavaria, effective November 1, 2022, expanding its product portfolio in textile machinery.
GFG Alliance's Australian subsidiary InfraBuild announced plans to acquire three US steel and wire companies from GFG: Keystone Consolidated Industries, Engineered Wire Products, Johnstown Wire Technologies, and Georgetown Steelworks, to create a more integrated product portfolio.
Shoplogix, a division of FOG Software Group, has acquired PROXIA Software AG, a German Manufacturing Execution System software company, to expand its smart manufacturing software portfolio.
Mill Steel Co. acquired Cleveland Metal Exchange and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023; terms were not disclosed.
Alleima signed an agreement to acquire Endosmart Gesellschaft für Medizintechnik GmbH, a Germany-based manufacturer of medical devices and components made of nitinol, to strengthen its position in the medical segment.
Valesco Industries, LLC acquired North American Kitchen Solutions, Inc., a supplier of customized commercial kitchen hoods and fire suppression systems, from Weinberg Capital Group.
Charbone Hydrogen Corporation amended its agreement to acquire Wolf River Hydro Limited Partnership, owner of a 700 kW hydropower plant in Shawano, Wisconsin, with closing expected on or before December 1, 2022.
CHA Consulting, Inc. acquired Eckler Engineering, Inc., a Fort Lauderdale-based engineering firm specializing in water supply, treatment, and wastewater services. The acquisition expands CHA's water resources team and geographic reach in Florida.
Firan Technology Group Corporation entered an agreement to acquire IMI Inc., a manufacturer of specialty RF circuit boards for aerospace and defense, for approximately $2M CAD. Closing expected in Q1 fiscal 2023, subject to CFIUS approval.
Marel acquired a minority stake in Soft Robotics Inc, a US-based robotics company, for USD 3 million as part of Soft Robotics' Series C round. The transaction closed on 17 November 2022.
Trelleborg Group, through its business area Trelleborg Sealing Solutions, completed the acquisition of MG Silikon GmbH, a German-based aerospace interiors company formerly within Saint-Gobain Group. MG Silikon specializes in sealing solutions for aerospace and industrial applications, with head office and manufacturing in Lindau, Germany.
Forged Solutions Group, a portfolio company of Arlington Capital Partners, has acquired Steel Industries, Inc., a manufacturer of open die forgings and seamless rolled rings based in Redford, Michigan. Steel Industries will continue to be led locally by Frank Witte.
Plas-Fit Group, jointly owned 50% by Israeli investment capital Kedma, has acquired 100% of Tavlit Plastic Ltd, based in Yavne, Israel. Tavlit will operate as a subsidiary of Plas-Fit, combining product lines in fittings, pipes, filtration and sprinklers.
Funds managed by Apollo affiliates completed the acquisition of Tenneco, an automotive parts manufacturer, for $20.00 per share. Jim Voss was appointed CEO of Tenneco effective immediately.
Arconic completed the sale of 100% of its Russian operations to Promishlennie Investitsii LLC, the main shareholder of VSMPO-AVISMA Corporation, for $230 million in cash. The sale includes the Arconic SMZ metallurgical factory in Russia.
ROHM and Suzuki have joined the Japan Industrial Partners (JIP) consortium bidding to acquire Toshiba. ROHM plans to invest up to 300 billion yen, the largest among participating companies, while Suzuki is expected to invest tens of billions of yen. The total acquisition value is 2.2 trillion yen.
Stellantis N.V. entered into an agreement to acquire aiMotive, a developer of artificial intelligence and autonomous driving software, to boost its STLA AutoDrive platform development.
Tinter, a subsidiary of Layer Group, acquired Swedish adhesive specialist Nordial Adhesive from CEO Nicklas Lindqvist for an undisclosed amount.
Oshkosh Corporation has entered into a definitive agreement to acquire Hinowa S.p.A., a manufacturer of track-based aerial work platforms and mini-dumpers, expanding its product line and European footprint.
Tongyizhong (688722.SH) signed an agreement to use CNY 180 million to subscribe for new registered capital in Yancheng Youhebo New Materials, acquiring a 70% stake after the capital increase.