Cadiz Inc. announced a definitive agreement to acquire ATEC Systems, Inc., a provider of groundwater filtration systems for community, municipal, agricultural and industrial use. The terms were not disclosed.
TotalEnergies acquired a 34% stake in the generation arm of Casa dos Ventos, a major Brazilian wind energy company, for approximately R$4.2 billion including debt assumption.
Fenix Parts completed the acquisition of the assets of American & Import Auto Parts in Sterling Heights, Michigan. American is a full-service auto recycler serving the Detroit market.
KLUBB Group, the European leader in truck-mounted aerial work platforms, acquired 100% of Isoli S.p.A., the Italian market leader in design, production and assembly of aerial platforms, tow trucks and special equipment, to consolidate its presence in Italy and expand its product offering for short-term rental.
Sandvik (China) Investment Co., Ltd. signed an agreement to acquire a 12.44% stake in Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. from a group of shareholders on October 23, 2022.
Epiroc signed an agreement to acquire AARD Mining Equipment, a South African manufacturer of low-profile underground mining equipment, to strengthen its growth in Africa and beyond.
Essex Industries, Inc. acquired Precision Aerospace, Inc., a Connecticut-based manufacturer of precision machined components for aerospace and defense, including pressure sensors and oil debris monitoring technology.
MinervaHub S.p.A. has finalized the acquisition of a majority stake in Jato 1991 S.r.l., a Bolognese company specializing in hand embroidery on fabric for luxury accessories.
Oglethorpe Power has entered into an agreement to acquire two GE combustion turbine units (330 MW) at Washington County Power in Sandersville, Georgia, from Gulf Pacific Power, managed by Harbert Management Corporation. The deal is expected to close by end of 2022.
Hemeria has acquired Cnim Air Space, a specialist in stratospheric balloons, for an undisclosed amount. Hemeria Invest takes 85% of the capital, with 15% going to sovereign fund Definvest.
Thomas Gruppe has acquired Opterra Zement GmbH and Opterra Beton GmbH (east Germany) from CRH Plc, including the Karsdorf cement plant.
Flex Composite Group (FCG), backed by IDI and Andera Partners, has acquired Selcom, an Italian producer of multiaxial fabrics in technical fibers, from the founding family.
Atlas Copco Compressors has acquired the operating assets of Compressed Air Products, Inc. (CAP), a longtime distributor based in Newnan, Georgia, which will become a direct branch. Twenty people will join Atlas Copco; the price was not disclosed.
Arrowhead Engineered Products, parent of Western Power Sports and All Balls Racing Group, acquired Bihr, a European distributor of parts and accessories for motorcycles, ATVs, scooters and bicycles. Bihr is headquartered in Kontich, Belgium.
BOHN de México acquired Intercal Chile, a leader in refrigeration equipment and heat exchangers in Latin America, to expand its product line and presence in the region.
SLB announced it will acquire Kelvion, a global developer and manufacturer of heat exchange solutions, to expand its data center infrastructure business. The announcement was made on October 22, 2022.
Cence Power Inc. has completed the acquisition of Argentum Electronics Inc., a developer of DC power systems. The sale was finalized on October 21, 2022; terms were not disclosed.
Hallador Energy Company, through its subsidiary Hallador Power Company, finalized the acquisition of Hoosier Energy's 1-Gigawatt Merom Generating Station in Sullivan County, Indiana, assuming decommissioning costs and environmental responsibilities, and signed a 3.5-year PPA.
The European Commission approved under the EU Merger Regulation the acquisition of sole control of Germany-based HBPO by Plastic Omnium. HBPO manufactures front carriers, active grille shutters, and vehicle interior modules for light vehicles.
Dorsett Controls acquired Sunapsys, a system integrator specializing in controls and information systems for water and wastewater markets. Terms were not disclosed.
Suao Sensing (300507.SZ) signed a memorandum of understanding to acquire Hanon Systems' 37.5% stake in Wuhu Bonaire Automotive Electrical Systems for ¥169 million, based on a ¥450 million valuation of Bonaire. Bonaire produces automotive air conditioning and thermal management systems.
R&G Fluid Power Group has acquired Fluid Power Services Ltd (FPS), a UK fluid power services business with sites in Liverpool, Bolton and Warrington. The price was not disclosed.
Addtronics, a holding company formed by Kaho Partners, acquired Dynamic Design Solutions, a custom automation and systems integration provider. Dynamic Design Solutions will retain its name, team, and culture.
Avicena, a developer of optical chip-to-chip connectivity, acquired a microLED fabrication facility and related engineering team from Nanosys. Terms were not disclosed. The facility includes epitaxy, wafer processing, and lift-off and transfer tools.
Lamb Weston Holdings agreed to purchase the remaining equity interests in its European joint venture Lamb-Weston/Meijer from Meijer Frozen Foods B.V. for €700 million, consisting of €525 million in cash and €175 million in common stock. The transaction is expected to close in the second half of fiscal 2023.
Groupe JBT, a plastics specialist in healthcare, acquired Boursier-Sogreg, a company based in Cambo-les-Bains specializing in medical and pharmaceutical plastic parts.
Piovan, an Italian company, acquired IPEG Inc. to gain exposure in the North American market.
All States Ag Parts (ASAP) has acquired Arrow Acquisition, a specialist in forks and attachments for materials handling equipment. Arrow is headquartered in Lenexa, Kansas and has distribution facilities in four US states.
Mipa SE will take over the business operations of Warnecke & Böhm GmbH (WB Coatings) effective January 1, 2023, retaining the WB Coatings brand and offering jobs to its 40 employees at Mipa locations.
Speira has received conditional approval from the European Commission to acquire Real Alloy Europe, with commitments to divest facilities in Sainte-Menehould, France, and Swansea, United Kingdom.
Ferrarelle Società Benefit has agreed to transfer ownership of its Presenzano site in Caserta, Italy to the Aloxe Group, with a 10-year R-PET supply contract also agreed. Closing is planned for 7 November 2022.
Göpfert Maschinen GmbH has taken over all of Dücker Corrpal AB in Ystad, Sweden, a specialist in breakers.
E saris Industries, based in Illkirch-Graffenstaden, acquired BRM Systems, a company with 280 employees in Creil, France, to strengthen its position in defense, aerospace, and rail sectors.
Bain Capital and a subsidiary of the Abu Dhabi Investment Authority (ADIA), along with the Merchants leadership team, have completed the acquisition of Merchants Fleet, a fleet management company. Financial terms were not disclosed.
Technical Fire Safety Group (TFSG), parent of Pyroguard and Fire Glass UK, has merged with svt Group of Companies, a European supplier of passive fire protection products.
Snow Peak Capital acquired Dalco Nonwovens and Global Felt Technologies, both manufacturers of nonwoven fabrics for automotive, geotextile, furniture, bedding, and industrial markets. Financial terms were not disclosed.
OMRON Corporation signed a Stock Purchase Agreement to acquire a 60% equity stake in Kirin Techno-System Company (KTS), a manufacturer of inspection machines, from Kirin Brewery Company. The deal aims to develop manufacturing DX solutions for the food and beverage industry.
QSIL SE, a portfolio company of VM Capital, plans to acquire all sites of H.C. Starck High Performance Metal Solutions outside North America, including H.C. Starck Hermsdorf GmbH, H.C. Starck Ltd. (Calne), H.C. Starck Specialty Materials (Taicang) Co., Ltd., and H.C. Starck (India) Pvt. Ltd.
Southwestern Scale Co., Inc. and Palfinger USA, LLC entered into a definitive agreement for Southwestern Scale to acquire the design and manufacturing rights of the PALFINGER USA Weighing Equipment Vehicles product segment. Transition is expected by end of 2022.
Frankston Packaging Company has acquired Paco Label Systems, a manufacturer of flexible packaging and pressure sensitive labels in Tyler, Texas.
Ricoh USA, Inc. sold its patient-specific medical device business, Ricoh 3D for Healthcare, LLC, to Myrava, Inc. The sale aligns with Ricoh's strategic focus on process automation and workplace services.
ErgoSanté has acquired a minority stake in ALTERINOV Group, parent company of BODYNOV and ESOOP, through a capital increase of EUR 300,000.
Groupe Claire, backed by Gimv, acquired Equipement Industriel Européen (E.I.E.) from Sade, a subsidiary of Veolia, to strengthen its position in drinking water network equipment in France.
Bodo Möller Chemie Group acquired Spanish distributor General Adhesivos, expanding its business in Spain and Portugal and adding an adhesives laboratory in Tarragona.
Cardinal Ireland Partners, managed by Cardinal Capital Group, is acquiring Toomebridge-based kitchen equipment maker Uform. The deal is subject to competition authority clearance. BGF will reinvest as a minority shareholder.
Baosteel Metal, a unit of Baowu Steel Group, plans to acquire a controlling 21.5% stake in RSM Group, a magnesium alloy supplier, through a private placement of 62 million new shares. The investment is about CNY 1.4 billion.
Adani Defence Systems & Technologies Ltd. has signed definitive agreements to acquire Air Works, India's largest independent MRO, for an enterprise value of INR 400 crore. Air Works has a pan-India network across 27 cities and six maintenance bays.
VR Equitypartner acquired a significant minority stake in Zimmer & Hälbig GmbH, a provider of refrigeration, air conditioning and ventilation technology in the DACH region, to support growth via a buy-and-build strategy.
EQI, a provider of manufacturing and logistics services for metal castings, completed the acquisition of Accucam, a manufacturer of industrial equipment components. Financial terms were not disclosed.
Alpex Management completed the acquisition of NT Majocchi, an Italian leader in coated and laminated fabrics, creating a European group specialized in technical high-performance textiles.