BBS Automation agreed to acquire an 84.73% stake in Kahle Automation, an automation company. Financial terms were not disclosed.
Latécoère has entered into an agreement with Figeac Aero to acquire its Hermosillo industrial site in Mexico and Boeing 787-related inventory, to strengthen its Mexican operations for the North and South American aerostructures market. Closing is expected in Q4 2022.
LOU-TEC, a Quebec heavy machinery rental company, acquired Accès Location +, an aerial lift equipment rental specialist. The acquisition closed on June 17, 2022, consolidating LOU-TEC's position as a Quebec leader.
Alkemy (K.B. Recycling Industries Ltd.) announced the closing of its purchase of oceansix GmbH, a Germany-based company focused on technologies from recovered materials, from RAM.ON finance GmbH.
Scaglia Indeva, an Italian industrial manipulator and cobot manufacturer, signed an agreement to acquire a majority stake in Brazilian AGV and mobile robotics company Selettra Automação e Robótica. The closing is expected by end of 2022, and the company will be renamed Indeva Selettra Mobile Robotics.
Italian food-service equipment maker Ali Group secured conditional EU antitrust approval for its $3.4 billion acquisition of Welbilt, agreeing to divest Welbilt's global ice-making machine business including three manufacturing facilities in China, Mexico and the United States.
Dellner Polymer Solutions, part of Sweden's Dellner Group, has acquired Ferrabyrne Ltd, a supplier of rubber-to-metal bonded components and rail suspension systems.
Komatsu, through its subsidiary Komatsu Forest AB, will acquire Bracke Forest AB, a Swedish manufacturer of attachments for silviculture. The acquisition is expected to close on July 1, 2022.
Babcock Power Inc., a provider of energy-related products and services, acquired Renewable Concepts Inc., a U.S. provider of maintenance and service solutions for the wind-power industry. Terms were not disclosed.
Shafer Services Plus, a San Antonio-based HVAC and plumbing company, merged with Braune Air Conditioning & Heating of Lockhart, Texas. The merger creates one of Texas' largest plumbing and HVAC businesses and expands Shafer's service area along the IH35 corridor.
Sinochem International, a subsidiary of Sinochem Group, acquired Spanish ABS polymer manufacturer Elix Polymers from Sun European Partners for €195 million. The deal gives Sinochem access to Elix's patented ABS technology.
Van De Velde Packaging Group reached an agreement to acquire 100% of the share capital of De Dozenhal, a Dutch maker and trader of corrugated cardboard boxes based in Ermelo, Netherlands. The deal was reported on June 17, 2022.
Babcock Power Renewables LLC, a subsidiary of Babcock Power Inc., acquired substantially all assets of Renewable Concepts Inc. and its affiliate R. Tinsley Projects Inc., providers of maintenance and service solutions for the wind power industry.
Applied Materials has acquired Picosun Oy, a privately held semiconductor equipment company based in Espoo, Finland, specializing in atomic layer deposition (ALD) technology for specialty semiconductors.
Wheel Pros has acquired Transamerican Auto Parts Company (TAP), a vertically-integrated manufacturer and distributor of off-road Jeep and truck accessories. Terms were not disclosed.
Resonetics has acquired Agile MV, a product development and turnkey device assembly company based in Montreal, Quebec. The acquisition will rebrand Resonetics' existing Design & Development Services business as AGILE Product Development.
SRM Concrete has acquired Young Trucking, the largest bulk cement transporter in southwest Florida. The acquisition is SRM's second in cement distribution.
Humanetics announced the acquisition of mg-sensor GmbH, a specialist in sensors, data acquisition and calibration services. The deal adds sensor capabilities to Humanetics' safety and digital portfolio.
Akebono Brake Industry Co., Ltd. announced it will dissolve joint venture agreements with ITOCHU Corporation for its Chinese subsidiaries and sign a new joint venture agreement with Fujiwa Machinery Industry (Kunshan) Co., Ltd., transferring ITOCHU's 30% stake.
BID Group has entered into an agreement to acquire Smith Sawmill Service, a supplier of saws, cutting tools and filing room equipment to the wood processing industry. The transaction is expected to close in Q3 2022.
Karman Space & Defense, backed by Trive Capital, has partnered with Cornerstone Research Group to acquire the MG Resin family of technologies for ultra-high temperature composite applications in space and defense.
Wienerberger Österreich has acquired the prefabricated brick wall division of Walzer Bausysteme, including the entire production site in Kirchberg am Wagram, Austria, and all employees. The purchase price is undisclosed.
Boston Scientific Corporation entered into a definitive agreement to purchase approximately 64% of M.I.Tech Co., Ltd from Synergy Innovation Co., Ltd for KRW 291.2 billion (about $230 million). M.I.Tech manufactures medical devices for endoscopic and urologic procedures.
Komatsu Ltd., through its Australian subsidiary, agreed to acquire Mine Site Technologies Pty Ltd (MST Global), a provider of connectivity solutions for underground mining. The acquisition is expected to close on July 1, 2022.
Alkemy acquired 100% of the shares of Plasticos Flome S.L., a plastics manufacturing company in Valencia, Spain, on June 14, 2022.
Tata Steel Mining Limited (TSML), a wholly-owned subsidiary of Tata Steel, acquired the remaining 10% equity stake in Rohit Ferro-Tech Limited from financial creditors for approximately ₹20.06 crore, making RFT a wholly-owned subsidiary of TSML.
KEB Automation acquired a majority stake in Brusatori Srl, an Italian manufacturer of electric motors. Marco Sala was named Managing Director.
American Industrial Partners, through an affiliate, acquired 100% of Aluminium Belgium BV, owner of the Aluminium Duffel rolling mill in Belgium, from Ecnavla 8 UK Ltd.
Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Microwave Dynamics, a leader in high-precision microwave and millimeter wave components for aerospace, defense, and industrial markets.
Pro Mach Italy 2, controlled by US-based Pro Mach, acquired 100% of Reepack, an Italian food packaging automation company based in Seriate, Bergamo.
Machinest, the special machinery division of Baelen Group, acquired Ségépar, a designer and manufacturer of labeling and marking systems for industry, from founder Marie-Jeanne Laurens.
Daeyang Metal announced it will acquire a 50.55% stake in Youngpoong Paper, a manufacturer of base paper and corrugated cardboard, from Growth No.1 Investment Purpose Co. (Q Capital) for approximately KRW 128.9 billion.
Elemental Royalties Corp. and Altus Strategies plc have agreed a recommended all-share merger of equals, with Elemental acquiring Altus. Altus shareholders will receive 0.5940 new Elemental shares per Altus share, and the combined company will be called New Elemental Altus Group.
Carel Industries signed a binding agreement to acquire 70% of Sauber, a company specializing in installation and maintenance of cooling/humidification systems, for an enterprise value of EUR 3.6 million. The closing is expected by June 2022.
ResMed announced a definitive agreement to acquire MEDIFOX DAN, a German leader in out-of-hospital software solutions, from Hg for approximately US$1 billion. The acquisition will expand ResMed's SaaS business into Germany.
Steel Partners Holdings has signed a definitive merger agreement to acquire the remaining common stock of Steel Connect for $1.35 per share in cash plus a contingent value right. The merger is expected to close in the second half of 2022, making Steel Connect a wholly owned subsidiary.
Huitai Medical plans to use 586 million yuan of its own funds to acquire the remaining 37.33% equity in its subsidiary Shanghai Hongtong from minority shareholders, making it a wholly owned subsidiary. The deal is based on a valuation of 1.569 billion yuan for Shanghai Hongtong.
GTC Vorro Technology, a turnkey provider of environmental services and process technologies to oil and gas, refining, petrochemical and chemical companies, has been acquired by US-based MBT Technology, LLC.
Marubeni Corporation has acquired a minority stake in Lunatus Marketing & Consulting, a pharmaceutical and medical device company based in Dubai, to bridge Japan-Middle East markets and bring Japanese pharmaceuticals and medical devices to the Middle East.
Sjørring Maskinfabrik, a leading European manufacturer of buckets for heavy construction equipment, has been sold to Terratech Group. The transaction was advised by Oaklins Denmark.
ProMach, a packaging machinery solutions provider, acquired Reepack, a manufacturer of flexible packaging machinery including vacuum chambers, thermoformers, tray sealers, and flow wrappers. The acquisition expands ProMach's flexible packaging portfolio.
Qualcomm Technologies announced on June 13, 2022, that it has acquired Israeli 5G network automation company Cellwize Wireless Technologies for an estimated $350 million. Cellwize's 200 employees, including 110 in its Ramat Gan development center, will receive incentive bonuses to stay.
DTE Group agreed to buy Dansk Eksport Emballage ApS, located in Føvling near Vejen, Denmark, which has about 40 employees and annual revenue of about DKK 50 million. It will operate as DTE Føvling under Dansk Træemballage A/S.
Dansk Træemballage A/S agreed to acquire AB Karl Hedin Emballage, a Swedish wood packaging maker with 10 production sites in Sweden and one in Estonia, about 275 employees and revenue of about DKK 410 million in 2024. The deal was to close on 9 May 2025.
Dansk Træemballage's Swedish subsidiary Aven Rabbalshede AB is acquiring Pall & Träkonstruktioner AB, with the takeover stated to take place on 21 October 2026. Aven Rabbalshede makes wooden crates, pallets and packaging for about 250 customers.
Guanglian Aviation announced on June 12, 2022, that it plans to invest CNY 120 million to acquire the remaining 30% equity of Chengdu Hangxin, making it a wholly-owned subsidiary. The move aims to enhance its presence in the Southwest China aerospace manufacturing market.
Guanglian Aviation Industry Co., Ltd. announced plans to acquire 30% of Chengdu Hangxin's capital for ¥120 million (RMB), valuing the target at ¥400 million. After completion, Guanglian will own 100% of Chengdu Hangxin, making it a wholly owned subsidiary.
TE Connectivity completed the acquisition of Essex-based Kemtron and its French subsidiary, adding EMI/RFI shielding, environmental sealing, gaskets and components to its portfolio.
Eneva agreed to acquire Central Geradora Termelétrica Fortaleza (Termofortaleza) from Enel Américas for BRL 431.5 million, including a 327 MW gas-fired power plant in Caucaia, Brazil.
Brenntag has entered a 75/25 joint venture with Al-Azzaz Chemicals Co., expanding its specialty chemicals distribution footprint in Saudi Arabia. Al-Azzaz Chemicals generated €25 million in sales in 2021. Closing is expected in August 2022.