Integrity Fab & Machine, a supplier of cutting, grinding, machining, and packaging equipment, was acquired by BICO Steel in October 2022. Terms were not disclosed.
Epiroc agreed to acquire Wain-Roy, a US manufacturer of excavator attachments for the construction industry, with a manufacturing site in Kronenwetter, Wisconsin, about 100 employees and annual revenues of about MSEK 200.
Mitsui Bussan Steel (MBS) transferred its 50% stake in MM Building Materials, a construction steel and scrap trading joint venture with Metal One, to Mitsui & Co. effective October 1, 2022, to strengthen Mitsui's involvement in infrastructure and cold iron source strategy.
Mutares SE & Co. KGaA acquired the non-filtration business of MANN+HUMMEL International GmbH & Co. KG, forming MoldTecs GmbH. The deal includes production sites in Sonneberg, Bad Harzburg (Germany) and Laval (France) for high-performance plastic parts for automotive.
Vestergaard Company has acquired the remaining shares in Kalmar Motor AB, becoming the sole shareholder. The acquisition builds on a strategic partnership that began in 2017.
Belgium-based Van Genechten Packaging signed a joint venture with UK packaging group CartonCare in October 2022, expanding its premium packaging business with three UK sites. Van Genechten forecasts 2022 turnover of €400 million.
Bewi's acquisition of Jackon Holding AS, a Norwegian insulation and packaging group with about 935 employees and 20 facilities across the Nordics, Germany and Belgium, has been approved by all competition authorities. The deal value is not stated.
Emerson has acquired Fluxa, a life sciences software company whose PKM software accelerates drug development and manufacturing; Fluxa will be integrated with Emerson's DeltaV control system. The deal was reported on October 5, 2022.
Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.
Japan's EBARA Corporation acquired 100% of Hayward Gordon L.P., a Toronto-based maker of heavy-duty process pumps and mixers, expanding EBARA's North American presence. The deal value was not disclosed.
INEOS and SINOPEC notified the European Commission of their proposed joint venture, INEOS Styrolution Advanced Materials (Ningbo) Pte Ltd, to produce advanced materials in China.
Hitachi Ltd signed a share transfer agreement to acquire the remaining 19.9% shares of Hitachi Energy from ABB Ltd, ahead of schedule. The transfer is expected to complete by end of December 2022.
Grupo Acideka acquired 100% of Único Coagulantes S.L., adding a new factory in Segovia, Spain, to expand its production capacity for polyaluminium chlorides used in water treatment.
SupplyOne, Inc. acquired Provident Packaging Corporation, a Philadelphia-based distributor of industrial packaging supplies, expanding its Northeast footprint and offering custom manufacturing and packaging equipment.
The ISEM Group and Industrial Pack closed the aggregation of Industrial Pack into the ISEM Group, creating a luxury packaging group focused on perfumery, cosmetics and wine and spirits packaging.
Motion plastics specialist igus acquired a majority stake in Commonplace Robotics, an integrator specializing in intuitive control systems and software for robotics, to strengthen its Low Cost Automation offering.
EPTAM Precision Solutions, a Frazier Healthcare Partners portfolio company, acquired Sterling Manufacturing and its Albright Silicone division. Sterling specializes in plastic injection molding and liquid silicone rubber molding for medical and other markets.
Archroma, a portfolio company of SK Capital Partners, entered a definitive agreement to acquire the Textile Effects business of Huntsman Corp. The transaction is expected to close in the first half of 2023.
Taigang Stainless Steel Co., Ltd. signed a capital increase agreement to invest RMB 1.74879 billion in Xinhai Industrial Co., Ltd., acquiring a 51% equity stake. Xinhai New Material Co., Ltd. will hold the remaining 49%.
Shell announced it will acquire Nigeria-based Daystar Power Energy Services, a provider of hybrid solar power solutions to commercial and industrial businesses. The deal is subject to regulatory approvals and the value was not disclosed.
Finnish high-tech company Roxia acquired a stake in German filter press manufacturer Aquachem to deepen their collaboration. The deal combines expertise in solid-liquid separation and expands service networks globally.
Worthington Industries announced a plan to separate its Steel Processing business into a new standalone public company, expected to be completed by early 2024.
Groupe Gorgé completed the acquisition of iXblue, paving the way to bring ECA Group and iXblue together under one roof, creating a combined workforce of 1,500 and annual turnover of €250 million.
Mondi completed the merger of Mondi Tire Kutsan and Mondi Olmuksan in Türkiye, effective 30 September 2022, creating Mondi Turkey Oluklu Mukavva, which runs nine corrugated plants, a containerboard mill in Tire and a waste paper facility in Adana.
Sonoco has announced the acquisition of Skjern Paper, a Denmark-based recycled paperboard manufacturer with annual capacity of 75,000 metric tons, for $88 million, with completion expected in Q4 2022.
Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., a Zibo, Shandong maker of liquid ring vacuum pumps with about 100 employees and 2021 revenue of about $12 million, with closing expected in Q4 2022.
Southwest Material Handling, Inc. acquired ProCon JCB, expanding its JCB construction equipment business into five new markets across Colorado, Arizona, New Mexico, Texas and Nevada.
Energetický a průmyslový holding (EPH) reached agreements to acquire the 870MW Sloe combined cycle gas turbine power plant in Zeeland, Netherlands, from EDF and Pzem, each holding 50% stakes, along with Pzem's wholesale business unit.
Pamica acquired 60% of the shares in Artex, a Swedish textile company supplying fabrics for automotive, furniture, and marine industries, which expects 2022 revenues of SEK 200 million.
Reliance Petroleum Retail Limited, a wholly-owned subsidiary of Reliance Industries, executed definitive documents to acquire the polyester business of Shubhalakshmi Polyesters Limited (SPL) and Shubhlaxmi Polytex Limited (SPT) for a total cash consideration of Rs 1,592 crore via slump sale.
Spirax-Sarco announced on September 28, 2022 the acquisition of Durex International Corporation, a privately owned US specialist in custom electric thermal solutions for ultra-high criticality industrial equipment.
Reel SAS acquired CNIM Systèmes Industriels from CNIM Groupe SA. The transaction was completed on September 28, 2022, subject to French Competition Authority approval.
Ufenau Capital Partners acquired HRW Gebäudetechnik GmbH, a provider of building technology services, from the Gegenbauer Group. The transaction closed in October 2022.
Swiss polymer distributor Meraxis has signed contracts to acquire French Fournier Plastics Group, a distributor of standard and engineering polymers. The deal is expected to close before end of 2022, subject to antitrust review.
Biffa Plc has agreed to be taken over by private equity firm Energy Capital Partners in a deal valuing the British waste-management company at about £1.3 billion ($1.41 billion).
B. Braun Medical Inc. acquired the Clik-FIX catheter securement device portfolio from Starboard Medical, Inc. The acquisition includes peripheral, PICC/central, universal, neonatal, and soft securement devices.
The Lundbeck Foundation, Kirk Kapital and ATP have acquired Ferrosan Medical Devices A/S, a Danish medical device company specializing in surgical haemostatic devices and biopsy units.
DTE Group has agreed to purchase Dansk Eksport Emballage ApS, located in Føvling near Vejen, which has about 50 million DKK turnover and about 40 employees, and will become a department of Dansk Træemballage.
Dansk Træemballage has agreed to acquire AB Karl Hedin Emballage, a Swedish wood packaging maker with 10 production sites in Sweden and one in Estonia, with closing on 9 May 2025.
Aven Rabbalshede AB, a Swedish wooden packaging maker and subsidiary of Dansk Træemballage, is acquiring Pall & Träkonstruktioner AB, with completion scheduled for 21 October 2026.
The Board of Forbes Company approved a scheme of arrangement to demerge its business into Forbes Precision Tools and Machine Parts, creating a separate resulting company.
Blue Ridge Construction Capital LLC, in partnership with Anthony Minshew, acquired Matthews Sand and Gravel and Edge Aggregates LLC in North Carolina. The combined entity will operate as Matthews-Edge Sand.
Samvardhana Motherson International Limited, through its Vision systems division, has agreed to buy 100% of the mirror business of Ichikoh Industries, a subsidiary of Valeo SE in Japan.
Samvardhana Motherson Automotive Systems Group BV will acquire 100% of the mirror business of Ichikoh Industries, a Valeo subsidiary, for an enterprise value of JPY 5.2 billion.
Karnell Group signed an agreement to acquire 96% of the shares in Konepaja Timeka Oy, a Finnish niche manufacturing company, with closing planned on 30 September 2022.
SMR Automotive Mirrors UK Limited, a subsidiary of Samvardhana Motherson International, signed a Share Purchase Agreement with Ichikoh Industries to acquire 100% of Misato Industries Co. Ltd. in Japan and Ichikoh (Wuxi) Automotive Parts Co., Ltd. in China. The transaction is expected to close in 6-8 months.
Borealis AG and YILDIRIM Group's YILFERT Holding signed a binding agreement for Yildirim to acquire Borealis' 98.09% stake in Rosier SA, valuing the business at EUR 35 million. Borealis will also launch a squeeze-out offer for remaining shares at EUR 20 per share.
NioCorp Developments Ltd. signed a definitive agreement to acquire GX Acquisition Corp. II, a SPAC, in a business combination that could provide up to $285 million in net cash to advance the Elk Creek Critical Minerals Project in Nebraska.
JUKI Corporation resolved to enter into a capital and business alliance with AIMECHATEC, Ltd. and to acquire common shares of AIMECHATEC from its largest shareholders through a share transfer agreement.
China Satellite's investee company, Dongfang Lantian Titanium Technology Co., Ltd., plans to acquire 51% equity of China Aviation Development Shanxi Aviation Engine Maintenance Co., Ltd. through a property rights exchange at a price not exceeding 44.5357 million yuan.