Wisequity V fund has acquired a majority stake in Italian tracked carrier and aerial lift manufacturer Almac. Co-founder Andrea Artoni will maintain a stake and become CEO, while co-founder Pietro Agosta Del Forte will exit.
The Adani Family has entered into definitive agreements to acquire Holcim's entire stake in Ambuja Cements (63.19%) and ACC (54.53%) for approximately $10.5 billion, making Adani the second largest cement player in India.
Douglas Lake Equipment and Avenue Machinery Corp. have completed a merger agreement, combining their operations in British Columbia and Alberta. Both companies will continue operations under their respective names.
Arcus Infrastructure Partners has acquired Workdry International, a UK provider of water pumps and industrial wastewater treatment equipment and services. Lincoln International advised on the deal.
Sonoco agreed to buy WestRock's remaining equity interest in RTS Packaging, plus a WestRock paper mill in Chattanooga, Tennessee, for $330 million in cash, with closing expected in the first half of 2023.
Victaulic acquired the business assets of Tennessee Metal Fabricating Corporation on Sept. 9, 2022, adding a 125,000 sq-ft facility to enhance its large-diameter piping solutions for the infrastructure market.
York Building Products acquired Union Quarries, a Carlisle, PA-based manufacturer of crushed stone, asphalt, and ready-mix concrete products.
As of July 1, 2022, Tri Tech Refrigeration Australia (TTRA) became an independent business unit under the Climatech Group umbrella. TTRA founder Greg Atkinson selected Climatech Group as the partner to help position TTRA as the leading refrigeration company in Australia.
Caverion has signed an agreement to acquire Simex Klima & Kulde AS, a Norwegian supplier of commercial air conditioning, cooling systems, and heat pumps based in Stavanger. The acquisition is expected to close in October 2022.
REEL International has acquired CNIM Systèmes Industriels, a French designer and manufacturer of large-scale precision equipment for defense, nuclear energy, and high-tech industries. The acquisition was completed on September 28, 2022.
SK Capital has sold part of its stake in Techmer PM, a supplier of polymer masterbatches and additives, to Gryphon Investors for an undisclosed sum.
SK Capital and Edgewater Capital have entered exclusive negotiations to acquire Saint-Gobain's scintillation and photonic crystal business in Hiram, Ohio, used in radiation detection.
Amazon signed an agreement to acquire Cloostermans, a Belgian company that designs and manufactures mechatronics solutions for moving and stacking heavy pallets and totes. Cloostermans' approximately 200 employees will join Amazon Global Robotics.
Harwood Private Equity has acquired SMT Corporation through a management buyout. SMT is a supplier of obsolete and hard-to-find critical electronic components for the US defense and aerospace industry.
Thailand-based Gulf Energy Development has signed an agreement to acquire a 49% stake in the Jackson Generation Power Station in Illinois, USA, for $409.6 million. The transaction is expected to close by December 2022.
American Wealth Mining Corporation has entered into a term sheet with Lik Fong HK Limited to purchase a 10% ownership stake in New Energy Asia Pacific Company Limited, a Hong Kong distributor of electric construction vehicles.
NEXCAP Partners, a Quebec investment banking group, has acquired a majority share in Gecko Alliance Group, a pool and spa control systems and pumps manufacturer. Cofounders remain shareholders.
The Escalante family, owners of Aceitunas Guadalquivir (AG Olives), has acquired Bell-Carter Foods, LLC, a leading US table olive manufacturer. The deal includes investments in Bell-Carter's Corning, California production facilities.
Baileigh Industrial, Inc., a manufacturer of industrial metalworking and woodworking machinery, has acquired Rusch Machine and Design, Inc., a manufacturer of tube and pipe benders and metal shaping machinery. Terms were not disclosed.
Abac Capital and Catral Garden & Home Depot have closed the acquisition of Intermas Group, a Spanish manufacturer of high-performance technical materials, for around EUR 60 million. Abac takes the industrial business, Catral the gardening and DIY division.
Investment AB Latour, through its wholly owned subsidiary Latour Industries AB, has acquired MAXAGV, a supplier of mobile robot systems and software for goods handling, from its founders and management. MAXAGV has 67 employees and annual revenue of approximately SEK 160 million.
Wolfram Manufacturing Technologies has acquired the XMC machine communication and analytics platform to expand its machine monitoring and production management software solutions.
Ube has agreed to acquire all shares of API Corporation, a CDMO and API manufacturer, from Mitsubishi Chemical. APIC provides services from synthetic route design to commercial production for small molecule drugs.
Wheelchair manufacturer Sunrise Medical has acquired UK-based Helping Hand Company, a specialist in pressure management seating and positioning products, and Hungary-based Now Tech, a tech start-up focused on digital and software engineering. The acquisitions were announced on September 8, 2022.
Melrose Industries Plc will split its GKN automotive business into a separate unit, to be headquartered and listed in London, seeking acquisitions in the car industry. The announcement was made on September 8, 2022.
Arkema finalized the acquisition of Polimeros Especiales, strengthening its offering in solvent-free solutions and its position in the region.
APPLIED Adhesives, an adhesive solutions provider in North America, completed its acquisition of In-Line Finishing Solutions, a specialty adhesive and coating solutions provider to the direct mail and label converting markets.
Fortis Solutions Group, a portfolio company of Harvest Partners, acquired Digital Dogma Corp., a digital manufacturer of labels and flexible packaging based in Santa Fe Springs, California. Terms were not disclosed.
Ground Force Worldwide, a subsidiary of Federal Signal Corporation, signed a definitive agreement to acquire substantially all assets and operations of TowHaul Corporation, a designer and manufacturer of heavy-duty off-road specialty metal extraction support equipment. The acquisition is expected to combine the two brands under the Ground Force portfolio.
IMCD Japan acquired 100% of Kuni Chemical, a specialty chemical distributor based in Osaka, Japan. Kuni Chemical generated revenue of approximately JPY 2,500 million (EUR 18 million) in 2021 and has 28 employees.
CHL Systems, an industrial equipment manufacturer, announced the acquisition of JAM Works LLC, a FANUC-authorized robotics integrator. The acquisition expands CHL's robotics capabilities for food processing and material handling.
TruckPro LLC announced the acquisition of the assets of Drivelines N.W. Inc., a driveline repair and parts provider with three locations in Washington state.
Nanjing TICA Thermal Technology Co. Ltd. acquired Exergy, an Italian ORC system manufacturer, in 2019. The acquisition was announced on September 25, 2019.
Nissan Motor Co., Ltd. entered into a definitive agreement to acquire shares in Vehicle Energy Japan Inc., a lithium-ion battery manufacturer, making it a consolidated subsidiary. The transaction is subject to regulatory approvals.
Brainlab, a digital medical technology company, acquired Dr. Langer Medical GmbH, a developer of intraoperative neuromonitoring solutions based in Waldkirch, Germany.
Helios Technologies signed a definitive agreement to acquire the assets of Daman Products Company, a Mishawaka, Indiana maker of precision hydraulic manifolds and integrated packages. The purchase price was not disclosed.
The Timken Company has signed an agreement to acquire GGB Bearing Technology from Enpro Industries for $305 million in cash. GGB is a global leader in metal-polymer plain bearings with expected fiscal 2022 sales of $200 million.
ASSA ABLOY acquired VHS Plastik Metal, a manufacturer of hardware systems for windows and doors, based in Silivri, Turkey.
ASSA ABLOY acquired Control iD, a developer of access control solutions in São Paulo, Brazil, and VHS Plastik Metal, a manufacturer of hardware systems for windows and doors in Silivri, Turkey.
ADDvise Group AB has signed a Letter of Intent to acquire 100% of CliniChain Holding B.V., a medtech equipment provider for clinical studies based in Almere, Netherlands. The purchase price is EUR 33.80 million, with completion scheduled for Q4 2022.
Alro Steel has entered into an agreement to acquire certain assets of Access Metals, a Maryland-based metals service center. The transaction is expected to close on Sept. 30, 2022.
Chase Corporation completed the acquisition of NuCera Solutions from SK Capital for $250 million on September 1, 2022, expanding its specialty polymers portfolio.
Munch's Supply, the HVAC division of Marcone, acquired Total Air Supply and Spiral Air Manufacturing, including three branches in New Hampshire.
Raufoss Technology, a global Tier-1 automotive supplier, has acquired VT2i in Ramonchamp, France, which designs and manufactures automotive ball joints and chassis components. The acquisition closed on September 5, 2022.
The Arcticom Group acquired Market Equipment LLC, a commercial refrigeration and HVAC provider serving the Mountain West. Financial terms were not disclosed. Market Equipment was founded in 1964 and covers Montana, Idaho, Oregon, Washington, and Utah.
Hitachi acquired Flexware Innovation, a manufacturing systems integrator based in the United States, to strengthen its Industry 4.0 offerings in North America. The acquisition closed on August 31, 2022.
Epredia, a global leader in precision cancer diagnostics, announced that its parent company PHC Holdings Corporation acquired anatomical pathology suppliers Microm Microtech France (MMFrance) and Laurypath in a strategic expansion of Epredia's presence in Europe.
Coalza Systems has acquired Irta Group Packaging, a packaging machinery manufacturer based in Almassora, Spain. Irta will continue to operate as an independent brand. The deal value was not disclosed.
Baker Hughes has agreed to acquire the power generation division of Brush Group from One Equity Partners. Brush manufactures electrical generators, synchronous condensers, electric motors, and associated control systems, operating four plants in the UK, Czech Republic, and Netherlands.
Datwyler has acquired Swiss start-up CTsystems, securing several patents for electroactive polymer technology in a unique stacked design. The purchase price is undisclosed.