Highlander Partners has sold QTI Fibers, a designer and manufacturer of technical fibers and fabrics, to Norwest Equity Partners. QTI Fibers operates two manufacturing facilities in Alabama and North Carolina.
Kubota Corporation, through its European subsidiary Kubota Holdings Europe B.V., will acquire Officine BIEFFEBI S.p.A. and its subsidiary Gianni Ferrari s.r.l., both Italian mower manufacturers. The transaction is subject to regulatory clearance.
SIG UK acquired Miers Construction Products Limited (MCP), a supplier of specialist construction materials based in St Neots, for an initial cash consideration of £28m plus up to £6.7m earn-out and £1.8m deferred payment.
Arcadia, through its Arcadia Small Cap II fund, acquired majority stakes in KFL EST, a producer of custom air heat exchangers, and CBS EST, a manufacturer of copper tubes and distribution circuits for the HVACR sector. Both companies are based in Italy.
MasTec Inc. announced it will acquire Infrastructure and Energy Alternatives Inc. (IEA) in a deal valued at $1.1 billion, expanding its clean energy and infrastructure segment. The acquisition is expected to close late 2022.
Chinese chip company Xichanweixin led an acquisition of Ampleon, the world's second-largest RF power device provider based in the Netherlands, for over $1.48 billion.
TKH Group acquired Nerian, a German manufacturer of high-speed 3D cameras. Nerian will be integrated into TKH Vision's machine vision division.
One Rock Capital Partners has completed the previously announced acquisition of Prefere Resins Group from Silverfleet Capital. Prefere is a European leader in adhesive resins and formulations.
Aluminum Corporation of China Limited (Chalco) announced it will acquire a 19% stake in Yunnan Aluminium from Yunnan Metallurgical Group for 6.662 billion yuan in cash, becoming the largest shareholder with 29.10% ownership.
Schaeffler AG has entered into an agreement to acquire Ewellix Group from Triton Fund V for a purchase price of approximately EUR 582 million, plus assumed net debt of about EUR 120 million. Closing is expected by end of 2022.
Koenig & Bauer acquired a 49% stake in Celmacch Group S.r.l., a manufacturer of flexo presses and rotary die-cutters for the corrugated board industry. The partnership aims to strengthen their presence in the corrugated board packaging market, with Celmacch operating as Koenig & Bauer Celmacch.
Acrotec Group acquired Irish CNC precision engineering company Takumi Precision Engineering, based in Limerick, Ireland, on July 19, 2022. Takumi employs 120 people and manufactures precision parts for medical devices, aerospace, semiconductor, and pharmaceutical industries.
Vulcan Steel signed a conditional sale and purchase agreement to acquire 100% of Ullrich Aluminium for NZ$165 million, comprising NZ$131 million in net tangible assets and NZ$34 million in net debt. The acquisition will diversify Vulcan into aluminium distribution and processing.
Vulcan Steel announced it is moving to buy Ullrich Aluminium for NZ$165 million, including NZ$34 million of debt. The acquisition will expand Vulcan's operations in aluminium distribution and processing in New Zealand and Australia.
South Africa's Competition Tribunal unconditionally approved CTP Limited's acquisition of the packaging operations of Amcor Flexibles South Africa in Cape Town and Port Elizabeth, including bag-in-box laminate production and tyre-liners.
Promimic, a portfolio company of Karolinska Development, formed a joint venture with Danco Medical called Nano Processing for processing medical implants in the US market. Promimic acquired 60% of the joint venture for USD 417,750 in cash and USD 1,350,000 in newly issued shares, completed on July 21, 2022.
ArchiMed's MED Platform II fund completed its acquisition of Natus Medical, a developer of medical devices for neurological disorders, for a total equity value of $1.2 billion. Natus shareholders received $33.50 per share.
Zakłady Automatyki Kombud S.A. and Rail-Mil Group have merged to form a holding company, approved by the Polish Office of Competition and Consumer Protection. The holding will remain in the hands of the current owners of both groups, employing over 500 people.
AMADA Group has completely taken over Promecam, a French manufacturer of press brakes, in 1986. The acquisition was announced in this article on July 21, 2022, but the event occurred in 1986.
Ray announced the acquisition of its Chinese sales partner, Beijing Shuga Medical Technology Co., Ltd., for KRW 25.5 billion. The company distributes dental medical devices in China and has 150 regional dealerships.
Tandem Diabetes Care, Inc. announced its acquisition of Capillary Biomedical, an infusion set developer. Financial terms were not disclosed.
Arkema announced the planned acquisition of Polimeros Especiales, a Mexican producer of waterborne acrylic resins with sales of around US$40 million in 2021 and 230 employees, to strengthen its Coating Solutions segment in the region.
Hillenbrand has signed a binding offer to acquire LINXIS Group, a global provider of mixing, ingredient automation, and portioning solutions for the food industry, for an enterprise value of approximately EUR 572 million.
Emerson has acquired Fluxa, a company specializing in advanced process automation and control systems, to enhance its capabilities in delivering comprehensive automation solutions across various industries.
Satair, an Airbus Services company, has signed an agreement to acquire VAS Aero Services, a leader in aviation logistics and aftermarket services, through its US subsidiary Satair USA, Inc. The acquisition expands Satair's global footprint and aviation aftermarket service capabilities.
Arcadia Private Equity SGR, through the Arcadia Small Cap II fund, acquired a 60% stake in Kfl Est S.r.l. and Cbs Est S.r.l., both Italian HVACR specialists. Kfl Est manufactures custom heat exchangers, and Cbs Est produces custom products for air conditioning, refrigeration, and heating.
Teck Resources and PolyMet Mining agreed to form a 50:50 joint venture, NewRange Copper Nickel LLC, to advance PolyMet's NorthMet project and Teck's Mesaba deposit in Minnesota. First production from NorthMet is targeted for 2026, with annual payable production of 30,000 tonnes copper, 3,600 tonnes nickel, 58,000 ounces palladium, and 12,000 ounces platinum.
PolyMet Mining and Teck Resources agreed to form a 50:50 joint venture, NewRange Copper Nickel LLC, to develop PolyMet's NorthMet project and Teck's Mesaba deposit in Minnesota. Glencore will fund PolyMet's share of initial work program costs up to US$105 million.
ABB agreed to acquire Siemens' low voltage NEMA motor business, announced 1 September 2022.
Italian investment firm Ambienta agreed to acquire HolwegWeber, a machinery maker for paper-based flexible packaging, to combine it with its In.Pack Machinery. The combined group will have 7 production sites on 3 continents and 400 employees.
CNH Industrial acquired Specialty Enterprises LLC, a manufacturer of aluminium spray booms for agricultural applications. The announcement was made on July 19, 2022.
Vladimir Voronin, owner of FSK Group, has signed an agreement to acquire 100% of Guardian Glass's Russian business, including flat glass plants in Ryazan and Rostov Oblast. The deal value was not disclosed.
Littelfuse has completed its acquisition of C&K Switches, a designer and manufacturer of high-performance electromechanical switches and interconnect solutions.
TRUMPF has acquired the remaining 49 percent of the shares in Indian software developer TRUMPF Metamation Private Limited, a specialist in CAD and CAM software applications and machine control solutions.
Core & Main has entered into a definitive agreement to acquire substantially all of the assets of Inland Water Works Supply Co., a distributor of water and wastewater products based in Southern California.
Edgewater Capital Partners, a private equity firm, has acquired AmeriWater, a manufacturer of water purification systems for healthcare and industrial applications.
Thunderbird LLC has acquired Bright Plastics Inc., an injection-molding company in Greensboro, North Carolina, expanding its capabilities for medical, defense, aerospace, and other markets.
The European Commission approved Bouygues' acquisition of Equans, conditional on compliance with commitments offered by Bouygues to address competition concerns in electrical engineering services for railway contact lines in Belgium.
Novaria Group, a manufacturer of specialty hardware for aerospace and defense, announced it has signed an agreement to acquire Stroco Manufacturing, a precision sheet metal and machined components supplier based in Hazelwood, Missouri. The transaction is expected to close in July 2022.
Arcline Investment Management formed Signia Aerospace, an integrated provider of high-performance systems for aerospace, and acquired International Mezzo Technologies Inc., a designer and manufacturer of microtube heat exchangers. Norman Jordan was appointed CEO of Signia Aerospace.
HEICO Corporation's Flight Support Group acquired 96% of Accurate Metal Machining, Inc., a manufacturer of high-reliability components for aerospace, defense, and semiconductor equipment. The acquisition was for cash at closing with potential additional consideration.
Mahindra & Mahindra increased its stake in Finnish combine harvester maker Sampo Rosenlew Oy from 79.13% to 100% by acquiring 1,317 equity shares for EUR 4.39 million (Rs 35.57 crore).
New Packaging Group, backed by NewPort Capital, announced the acquisition of Novapac B.V., a thermoformed plastic packaging maker, with Novapac continuing under its own name. The announcement was dated 19 July 2022.
Alimak Group has entered into an agreement to acquire 100% of Tall Crane Equipment LTD, a Canadian hoist and crane rental services provider headquartered in Langley, British Columbia. The purchase price is approximately MSEK 215 (MCAD 27) on a cash and debt-free basis, with potential earn-out of up to MSEK 105.
CPL Aromas has acquired the entire operations of Chemarome Brasil, a subsidiary of perfume composition manufacturer Chemarome, including a factory and offices near Curitiba, Brazil. The acquired entity will be renamed CPL Aromas do Brasil.
American Storage & Logistics acquired Binghamton Material Handling and Granite Industries, expanding its product line and regional reach. The company also announced a name change to BMH Equipment LLC.
Sinclair, a global aesthetics company and subsidiary of Huadong Medicine, acquired Viora, a New York-based energy-based devices company.
Delta Electronics completed the acquisition of Universal Instruments Corporation, a US-based electronics manufacturing solutions provider. Universal will operate as a wholly owned subsidiary of Delta.
Chase Corporation has entered into a definitive agreement to acquire NuCera Solutions from SK Capital for $250 million. NuCera is a global leader in specialty polymers and polymerization technologies, headquartered in Houston, Texas with a production facility in Barnsdall, Oklahoma.
ASM International N.V. has reached an agreement to acquire all outstanding shares of LPE S.p.A., an Italian manufacturer of epitaxial reactors for silicon carbide and silicon. LPE's revenue expectations for 2023 are greater than €100 million.