Mexican cement maker Cemex completed the acquisition of a 53% stake in ProStein, a German company that produces aggregates, gaining access to six active hardstone plants and expanding capacity to serve major cities in Poland, the Czech Republic, and Berlin.
AMP Aero Services has finalized the acquisition of aviation aftermarket materials provider Myriad Aero, headquartered in Kansas City, Missouri. The deal was announced on July 5, 2022.
EFI Fiery, the digital front end business of Electronics For Imaging, acquired CADlink Technology Corp, a software company for digital direct-to-garment printing, cutting, and engraving.
Frontline Machinery acquired Chieftain Equipment, an aggregate equipment dealer based in Edmonton, Alberta, representing Astec, Sandvik, and others.
Ondas Holdings announced it has signed a term sheet to acquire Airobotics Ltd., adding it to its American Robotics unit for drone data collection. The acquisition aims to expand applications and markets for automated drone platforms.
United Air Temp, a portfolio company of Summit Park, completed a recapitalization of Grande Aire Services and Haines Air Conditioning, expanding its HVAC services presence in Southwest Florida.
Ravago acquired two UK companies to expand its post-consumer recycled (PCR) plastics capacity.
Eaton completed the acquisition of a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd., which manufactures low-voltage circuit breakers in China.
Kongsberg Defence & Aerospace agreed to acquire 77% of Lithuanian smallsat manufacturer NanoAvionics for an enterprise value of EUR 65 million. Management retains 23%.
Avcorp Industries shareholders approved the acquisition by a subsidiary of Latécoère S.A. for cash consideration of $0.11 per share. The deal is expected to close in Q3 2022.
SAMP reached agreement to sell a 45% stake in SETIC to GAUDER & Co. As part of the deal, SETIC transfers some of its POURTIER low and medium voltage business to SAMP, and SAMP gains exclusivity to produce and sell POURTIER machines for low and medium voltage under the SAMP POURTIER brand.
Varel Energy Solutions (VES) announced the acquisition of Sledgehammer Oil Tools, an international supplier of oilfield casing, cementing and completion products, strengthening VES's portfolio.
Joymed (Juyi Science and Technology) announced a strategic merger and acquisition agreement to acquire Jiangsu Airis Medical as a wholly-owned subsidiary, strengthening its medical device CDMO platform capabilities.
Ondas Holdings, through its subsidiary American Robotics, signed a term sheet to acquire Airobotics, an Israeli developer of autonomous drone systems. The deal aims to expand American Robotics' technical capabilities and market reach.
Scott Bader Pvt Ltd (India) acquired the commercial business of Satyen Polymers Pvt Ltd, with Satyen Polymers continuing to manufacture for Scott Bader, expanding Scott Bader's product range in the Indian market.
Atlas Copco has acquired FITEC S.A.S., a French distributor of rotary screw compressors based in Tarnos near Bayonne. FITEC has 8 employees and serves small and medium-sized industries. The purchase price was not disclosed.
Dover has completed its acquisition of Malema Engineering Corporation, which becomes part of its PSG business unit within the Pumps & Process Solutions segment.
Scancem International DA, a subsidiary of HeidelbergCement, has extended the deadline for fulfilling conditions of its proposed acquisition of AfriSam's 68.33% stake in Tanga Cement Company from June 30, 2022 to August 31, 2022. The deal is not yet certain.
Valeo acquired Siemens' 50% stake in Valeo Siemens eAutomotive, making it a wholly owned subsidiary integrated into Valeo's Powertrain Systems business, strengthening its position in electric mobility.
Holcim has agreed to acquire Cantillana, a Belgian specialty building solutions provider with estimated 2022 net sales of EUR 80 million, to expand its Solutions & Products business in Europe.
Linamar finalized its purchase of 100% of the equity in Salford Group, a manufacturer of fertilizer application and tillage equipment. The acquisition positions Linamar as a leading Canadian-based agriculture equipment shortline OEM.
Sonepar acquired a majority shareholding in COLD & CO SAS, a French distributor of air conditioning, ventilation and energy efficiency solutions known under the trade name CD-Sud. COLD & CO had a turnover of €140 million in 2021 and employs 215 associates.
Valgroup, Latin America's largest plastics recycler, acquired the PET bottle recycling activity of 3 Rios Fibras e Resinas in Poços de Caldas, Minas Gerais, Brazil, to expand food-grade rPET production.
PTT Global Chemical and Vinythai completed the merger with AGC Chemicals (Thailand) to form AGC Vinythai Public Company Limited on July 1, 2022. PTTGC owns 27.32% of the new entity.
Continental has acquired NorrVulk AB, a conveyor belt systems and services supplier based in Gällivare, Sweden. The acquisition strengthens Continental's industrial business in the region and will be integrated into its Conveying Solutions business area. The purchase price is undisclosed.
Middleby Corporation has acquired South Korea-based Icetro, a manufacturer of ice machines, soft serve machines, and slush machines, with annual sales of about $40 million.
Italmatch Chemicals, a global specialty chemical group, acquired Aubin Group from BGF. Aubin is a developer and supplier of innovative chemical solutions.
CMS Nextech acquired DegreeOne, a nationwide HVAC, refrigeration, and food service company. The acquisition was finalized in July 2022 and expands coverage in California, Arizona, Washington, and Connecticut.
Effective July 1, 2022, Schmietex Engineering GmbH acquired a large part of the needle and part assortment of Naplafa GmbH, Chemnitz, Germany, continuing production at the Chemnitz site.
Forrest Redi-Mix has acquired the ready mix concrete portion of Riber Construction and Ready Mix, adding a plant in Dwight, Illinois. The deal closed on July 1, 2022. The new plant will be called Chief Redi-Mix-Dwight.
Aldes Group, a specialist in ventilation and thermal comfort solutions, announced the acquisition of the Aereco Group. The merger combines production capacities and is expected to consolidate a turnover of over €360 million, strengthening Aldes' position in France and internationally.
JUKI Corporation, Mitsubishi Electric Corporation, and Meiryo Technica Corporation established a new joint company, JUKI TECHNOSOLUTIONS CORPORATION, on July 1, 2022. JUKI holds an 80% stake and Mitsubishi Electric holds a 20% stake, focusing on industrial sewing machines for non-apparel applications.
Parts Authority acquired National Autobody Parts Warehouse Inc., a supplier of collision parts headquartered in Grand Prairie, Texas. The transaction was finalized on July 1, 2022.
Lonsa Everite, together with Legacy Africa Capital Partners and Swartland management, acquired 100% of Swartland Investments and Swartland Insulation for approximately R1.3 billion. The acquisition became effective on 1 July 2022.
Chinese Westron Group acquired 88.9% of German automotive supplier Allgaier Werke GmbH, effective July 1, 2022. The deal was approved by the German Ministry of Economics in February 2022.
Toyota Material Handling acquired PennWest Toyota Lift, a Pennsylvania-based forklift dealership with locations in Mount Pleasant, Pittsburgh and Erie. The acquisition was finalized on July 1, 2022.
Daher completed the acquisition of TRIUMPH's metallic and composite aerostructures assembly facility in Stuart, Florida, adding approximately 400 employees and expanding its North American presence.
Rolls-Royce acquired a 54% majority stake in Hoeller Electrolyzer, a German electrolysis stack developer, to enter the hydrogen production market. The acquisition will form the basis of new mtu electrolyzer products.
Sentry Equipment acquired Rebuild-it, a rebuilder and installer of clarifier drives and thickeners for municipal wastewater treatment, based in West Jordan, Utah. The terms were not disclosed.
Rocky Mountain Wrecker Sales has merged with Santiam Enterprises, a builder of Jerr-Dan tow truck equipment in the Northwest, under the Rocky Mountain Wrecker Sales umbrella.
Mundomedis has completed the acquisition of Insightra Medical India Pvt Ltd (IIPL) in Goa, India, as part of its overall acquisition of Insightra assets. IIPL will be relocated from Goa to Mumbai.
Zurn Water Solutions Corporation completed its combination with Elkay Manufacturing Company, creating Zurn Elkay Water Solutions. Elkay shareholders received approximately 51.6 million shares of Zurn common stock, owning about 29% of the combined company.
Electro-Mechanical LLC, a manufacturer of medium voltage switchgear and electrical apparatus, has acquired Powercon Corporation, a provider of custom-designed medium voltage switchgear, e-houses, and modular substation power systems.
Enercon Engineering, a designer and manufacturer of custom power equipment and industrial enclosures, has been acquired by Generac Holdings Inc.
European Energy acquired a 51% majority stake in Ammongas, a Danish biogas upgrading and carbon capture company, to combine competencies and financial resources for growth in biogas and carbon capture markets.
Chemigate Ltd, a member of the Berner Group, acquired a controlling majority of shares in Finnamyl Group, which includes Finnamyl Ltd and Lapuan Peruna Ltd, strengthening its position in domestic potato starch production and the bio-based product market.
JBT Corporation acquired Alco-food-machines GmbH & Co. KG, a provider of further food processing solutions and production lines, expanding its product offering in convenience meal lines and alternative protein technology.
Wyckham Blackwell and the Keystone Group jointly acquired the David Smith St Ives and Glulam Timber Engineering businesses on July 1, 2022.
ams OSRAM completed the sale of its Automotive Lighting Systems (AMLS) business to Plastic Omnium. The deal closed on July 1, 2022.
DIC Corporation, through its subsidiary DIC (China) Co., Ltd., wholly acquired Guangdong TOD New Materials Co., Ltd., a Chinese coating resins manufacturer. The acquisition price was undisclosed.