Advent International agreed to acquire IPH from PAI Partners and will combine it with Brammer, creating a leading European industrial supplies distributor with over €2.1 billion in revenues.
Uhlmann Packaging Systems L.P. of Towaco, New Jersey acquired Cremer Speciaalmachines B.V., a Dutch manufacturer of counting and packaging systems based in Lisse. Financial terms were not disclosed.
Interpump acquired a 60% controlling stake in Mariotti & Pecini, a Florence-based maker of mixers and agitators for chemical, pharmaceutical, cosmetic and food industries, for a total price of EUR 8.9 million.
PCI has acquired Groupe Ceri and its entities Ceri and Serimatec to accelerate diversification and strengthen its position as an industrial integrator.
Juuri Partners has made a multi-million-euro investment in Hydroline Oy, a Finnish hydraulic solutions manufacturer, as part of a EUR 20 million financial arrangement to support international growth and capacity expansion.
Silversea appointed Hempel to deliver coating solutions, including Hempaguard X7, for its newbuild cruise ship Silver Muse built at Fincantieri shipyard. The vessel was delivered on April 3, 2017.
Heidelberger Druckmaschinen AG took over the coatings and pressroom chemicals operations of Fujifilm Europe BV in the EMEA region, expanding its consumables portfolio.
EDF Energy Services, a joint venture between EDF Energy and Dalkia, has agreed to acquire Imtech UK and Ireland from Endless LLP. Imtech is an engineering services company with over 2,100 employees and annual revenues of over £400 million.
Elgi Equipments plans to acquire overseas air compressor distributors and set up assembly lines in the US, having set aside ₹5,000 crore for the purpose. The company aims to become the number two global air compressor maker by 2027.
Gardner Denver Holdings has acquired Sidney, Ohio-based LeROI Compressors for about $20 million in cash. LeROI makes gas compression equipment for vapor recovery and biogas, and has 80 employees.
Hilti Group has agreed to acquire Norwegian Oglaend System Group, a manufacturer of cable management solutions for the offshore industry. The purchase price is undisclosed and the transaction is subject to antitrust approval. Oglaend System employs about 400 people and will continue to operate from Klepp, Norway.
Dutch genset specialist Sandfirden Technics and Swiss electric equipment supplier Liebherr have agreed to collaborate on the development of hybrid ship propulsion systems. Liebherr will provide complete propulsion systems starting from 200 kW per drive, and Sandfirden will offer a one-stop solution for hybrid propulsion customers.
Chicago Bridge & Iron has entered into a definitive agreement to acquire Shaw Group, a Fortune 500 firm serving the power generation and government services sectors.
Yizumi Precision Machinery (India) Private Limited, a joint venture between Yizumi Precision Machinery Co., Ltd. and Varadan Ramesh, has started operations in Ahmedabad, Gujarat, India. The 8,775-square-meter facility will produce SM and A5 injection molding machine series under 650 tons for the Indian market.
BHS Corrugated was selected to supply a 2.8m Volume Line corrugator for Dunapack Eurobox's new Lubliniec plant. The contract was signed on 3 June 2017 in Vienna.
Ritchie Bros. and Caterpillar launched a strategic alliance, making Ritchie Bros. Caterpillar's preferred global partner for live onsite and online auctions for used Cat equipment. The alliance has an initial five-year term.
Meyer Industries Inc. was acquired by Precision Inc. to better serve Meyer Industries' customer base with a larger platform of research, engineering and manufacturing resources.
Japanese machine tool manufacturer Amada inaugurated 13,000 square meters of new facilities at its Charleville-Mézières plant in France, investing EUR 28.5 million in new equipment and creating 20 jobs. The site becomes the group's logistics center for Europe.
Morrison Data Services announced the completion of its acquisition of Meter-U, a wholly-owned subsidiary of the EnServe Group.
The Heico Companies LLC acquired KaRo Kanal- und Rohrreinigungsmaschinen GmbH, a German manufacturer of drain and sewer cleaning equipment, on May 31, 2017. KaRo will be integrated with Heico's existing subsidiary Rioned.
Gulf Island Fabrication, through its subsidiary Gulf Island Shipyards, executed a contract with Bay Houston Towing Company for the construction of four Z-Tech 30-80 Class Terminal/Escort Tugs. The vessels will be built at the Jennings, Louisiana location.
Deere & Company signed a definitive agreement to acquire the Wirtgen Group, a German manufacturer of road construction and surface mining equipment, for €4.6 billion. The deal includes Wirtgen's five premium brands and over 8,000 employees.
KAISER AG announced the 100% acquisition of Premier Oilfield Equipment, based in Fort Morgan, Colorado, via an asset deal, to expand its global market position in sewer cleaning and industrial disposal vehicles.
Guhring officially opened its new 60,000 ft², £12 million manufacturing facility at Birmingham's Advanced Manufacturing Hub in June 2017. The facility has enabled increased staff numbers by 15% and manufacturing 50% of solid carbide and PCD product lines in the UK, up from 35%.
F.X. MEILLER completed the acquisition of 100% of the shares of BOWELD Truck Bodies Ltd, Holywell, Flintshire, UK, on July 14, 2017.
Teco Electric & Machinery Co. unveiled an automated production center in Taoyuan's Jhongli District, costing US$10 million, to increase annual capacity of IE3 motors from 100,000 to 220,000 units.
thyssenkrupp inaugurated a new Multi-Purpose Facility for elevator manufacturing in Pune, India, with an investment of 3 billion rupees (44 million euros). The facility has an initial capacity of 6,000 elevator units per year.
Schaeffler Group USA Inc. celebrated the grand opening of its expanded manufacturing plant and new administrative building in Fort Mill, South Carolina, representing a $36.5 million investment and creating over 100 jobs.
Manuli Hydraulics has acquired the majority of shares of PSI Hydraulics, India's third largest hydraulic fluid conveyance company with operations in Bangalore and Udaipur. The company was renamed Manuli PSI Hydraulics Private Limited.
Haoji Electromechanical (300503) signed an agreement on May 31, 2017 to acquire 80% equity of Dongguan Xianlong Motor for up to 80 million yuan, to expand its spindle product line.
Siemens Large Drives motor factory in Norwood, Ohio, invested in a new WFL M80 mill-turn machine tool to upgrade manufacturing capabilities for larger and stiffer rotor shafts used in Above NEMA electric motors.
Johnson Lifts opened a heavy duty escalator manufacturing facility at Oragadam near Chennai with an investment of ₹100 crore. The facility added 60-70 new jobs and uses technology from Chinese company SJEC.
Emerson inaugurated a new facility on its Polish site in Lodz, producing Asco valves. The facility space grew from over 7,000 sq m to an additional 6,500 sq m, and employment is expected to double from 400 employees.
Hayward Tyler invested £20 million to expand its Luton-based factory into a 'Centre of Excellence', including a 30,000 sq ft extension that more than doubled production capacity. Street Crane supplied and installed six new overhead cranes for the facility.
Valmet will supply a moisturizer system with two beams to Schumacher Poledno's corrugated line in Bukowiec, Poland, to be started up in July 2017. The order value was not disclosed.
Ground services equipment provider Tronair, Inc. has acquired Quality Products, Inc., the holding company of Columbus Jack/Regent and GSE Spares, broadening its product and service range.
A British engineering firm agreed to acquire Chromalox, an O'Hara Township manufacturer, from a New York private equity firm for $415 million.
DMG Mori plans to invest up to 100 million euros to expand its Famot plant in Pleszew, Poland, including a new 7,000 sqm hall, logistics center, and spindle production area, aiming to double machine tool output to 2,000 units per year and increase sales to EUR 200 million.
Snap-on Incorporated acquired Norbar Torque Tools Holdings Ltd, a UK-based manufacturer of torque equipment, for £55.9 million. Norbar has annual sales of about $41 million.
Inductotherm Equipment Belgium has built a new 10,000 m² plant on the Hauts Sarts industrial estate in Herstal, Belgium, to modernize production of induction heating equipment for the steel industry. Eleven Verlinde hoists were installed to support the facility's cranes.
FANUC UK has officially opened its new 107,000 sq ft headquarters at Ansty Park, Coventry, following a £19 million investment. The facility is four times larger than the previous location and houses robotics, machine tools, and factory automation under one roof.
The Robbins Company, a tunnel boring machine manufacturer, has merged with Chinese state-owned enterprise Northern Heavy Industries Group Co., Ltd (NHI). The transaction was facilitated by Quam Capital and Oaklins.
Jekko srl has opened a new 12,000 sqm production plant in Godega di S.U., Italy, intended for assembly. The site complements its existing 5,000 sqm headquarters in Colle Umberto.
Rochе Systems (로체시스템즈) signed a manufacturing equipment supply contract worth KRW 31.8 billion, disclosed on May 29, 2017, equal to 32.19% of its previous year's revenue.
Hiab Cranes' Zaragoza plant is working on an order of 600 cranes destined for the Indian Army.
Hiab Cranes, part of Cargotec, has invested EUR 1.5 million to double production capacity and improve logistics at its Malpica plant in Zaragoza, Spain. The plant also secured a contract to supply 600 cranes to the Indian Army.
JLB-SOULIER, part of the French White Technologies group, will open a new 2,500 m² mechanical metal processing facility in Pirot, Serbia, in early June 2017. The company has invested close to EUR 1.5 million in the new hall, equipment, and staff.
AWM S.p.A. and Pedax GmbH have formed a partnership for the production, global sales and servicing of the newly developed Hexa rotor straightening machines and bending systems.
Renold Gears has installed a £1.8 million Burkhardt + Weber machining centre at its factory in Rochdale, UK, to increase production of gear cases. The centre is now in production.
Dr. Keller Maschinen GmbH was awarded a contract by Landeshauptstadt Stuttgart for the delivery and installation of a 5-axis machining center for €276,000, awarded on 2017-05-25.