DART Aerospace, a leader in helicopter and aerospace mission-critical equipment, was acquired by TransDigm Group Inc. DART's Hawkesbury operations will remain unchanged.
Yokogawa Electric acquired all shares of Dublix Technology, a provider of combustion control and boiler performance enhancement solutions for waste-to-energy and biomass power plants. The acquisition adds Dublix's solutions to Yokogawa's control and monitoring systems.
Azelis reached an agreement to acquire the distribution assets of Chemo India and Unipharm Laboratories, both specialty chemicals distributors for CASE, lubricants, and pharmaceutical markets in India. The transaction is expected to close in Q2 2022.
Develop has entered into a letter of intent to acquire Premium Mining & Civil and Premium Mining Personnel for A$7.46 million, subject to approvals, to bolster its contract mining capabilities.
B&W International, a manufacturer of protective and special cases, has acquired a majority stake in Gregor Hofbauer GmbH, a plastics specialist in Türkheim, Germany. The acquisition aims to broaden B&W's range of technical plastic applications.
BEWI has acquired the remaining 49 per cent of Danish paper packaging company Cellpack, becoming its sole owner. BEWI had acquired 51 per cent in April 2021, and former owner Thomas J. Bladt stays on as managing director.
Veolia and Séché Environnement signed an agreement for Séché to acquire a part of Veolia's industrial water treatment services business in France for approximately €40 million. The deal includes a portfolio of contracts generating €60 million in annual revenue.
Stow Group acquired a stake in iFollow, a robotics start-up specializing in autonomous mobile robots for logistics, with iFollow's management retaining control.
Heylen Group became the new long-term majority shareholder of Hermans Heftrucks, a Belgian material handling solutions company, taking over from founders Leo and Patrick Hermans.
Eitrium acquired all shares in Ilmeg Products AB, a Swedish manufacturer of dust collectors for the mining industry. The sellers reinvested part of the purchase price and will continue to operate the company.
Bettcher Industries announced the signing of a definitive agreement to acquire Frontmatec, a global manufacturer of automated solutions for pork and beef processing, from Axcel. KKR will invest additional capital to support the transaction.
Saint-Gobain entered into an agreement to acquire Fibroplac, a gypsum plasterboard producer in Pombal, and Falper, a light steel structures manufacturer in Vila Nova de Gaia, Portugal. The combined turnover is about €15 million and 75 employees.
Novair, a French in-house gas systems manufacturer, acquired America Energy Inc., a Florida-based maker of air compressors and medical gas systems, effective May 20, 2022. Terms were not disclosed.
ProAmpac acquired Specialty Packaging, a Fort Worth, Texas maker of stock and custom bags, wraps and liners. Terms of the transaction were not disclosed.
Holcim, a Switzerland-based global construction company, acquired Cajun Ready Mix Concrete, the largest ready mix producer in Louisiana. Cajun was founded in 2014 and serves residential, commercial, and industrial partners.
EOL Packaging Experts GmbH and Neo Conveying Intelligence Lda. are joining forces as part of EOL's buy & build strategy. The merger combines their expertise in packaging and logistics concepts, strengthening EOL's position in Europe and Africa.
Miba acquired a majority stake in Voltlabor, a battery systems developer and producer. The company will be renamed Miba Battery Systems, and a new production plant, VOLTfactory #1, is being built in Bad Leonfelden, Austria.
Arkema, through its subsidiary Bostik, finalized the acquisition of Ashland's performance adhesives business for $1.65 billion, strengthening its presence in the US and specialty materials portfolio.
Ocado Group announced the proposed acquisition of materials handling robotics startup Myrmex Inc for approximately €10.2 million to accelerate development of automated frame loading systems for the Ocado Smart Platform.
Leoni AG signed an agreement to sell its Business Group Automotive Cable Solutions to Stark Corporation Public Company Limited for an enterprise value of €560 million.
Kaman Corporation signed a definitive agreement to acquire Parker-Hannifin's Aircraft Wheel & Brake division for $440 million, subject to working capital adjustment and regulatory approvals. The division operates from one facility in Avon, Ohio.
Kelso & Co, a private equity firm, completed the acquisition of a majority stake in Inovar Packaging Group from AEA Investors. Inovar makes pressure-sensitive labels, shrink sleeves and flexible packaging. Financial terms were not disclosed.
CATENSYS India Private Limited agreed to acquire the chain drive business from Schaeffler India Limited for approximately INR 274 million.
Siemens Energy launched a €4.05 billion bid for minority holdings in wind turbine unit Siemens Gamesa at €18.05 per share.
ECA Group, a French developer of robotics and intelligent systems, plans to acquire high-end inertial sensor manufacturer iXblue, also from France, for $450 million.
XSemi Corp, a joint venture of Hon Hai Precision Industry and Yageo Corp, plans to acquire a 30% stake in Advanced Power Electronics Corp (APEC) for about NT$2.89 billion (US$97.45 million).
Lear Corporation has entered into a definitive agreement to acquire I.G. Bauerhin (IGB), a supplier of automotive seat climate control systems, for €140 million on a cash- and debt-free basis. The transaction is expected to close in six to nine months.
Sandvik has signed an agreement to acquire Preziss, a Spanish provider of cutting tools and solutions for aluminum and composite machining. The transaction is expected to close in Q3 2022.
Meritor, Inc. entered an agreement to acquire Siemens' Commercial Vehicles business for approximately €190 million in cash. The business develops electric drive systems for commercial vehicles.
HeidelbergCement signed an agreement to acquire 50% of shares in Continental Blue Investment SA (CBI), which controls CBI Ghana, and invest in the construction of the world's largest flash calciner in Ghana. The joint venture will also expand CBI's grinding capacity in Tema.
Freudenberg Chemical Specialities Munich GmbH acquired Deurowood Holding GmbH and Deurowood Produktions GmbH from PINOVA Capital and management. Deurowood is a supplier of chemical additives for paper impregnation and laminates.
Medline International B.V. acquired 100% of the shares in Asid Bonz GmbH, a German supplier of medical devices, from Medi-Globe Group. The transaction volume was not disclosed.
Sika Corp. acquired United Gilsonite Laboratories (UGL), a 90-year-old waterproofing coatings manufacturer based in Dunmore, Pennsylvania, for an undisclosed amount. UGL had sales of about $66.5 million in 2021 and employs 150 people across three plants.
Kitchen Brains, a designer and manufacturer of smart cooking computers and controls for commercial foodservice, has been acquired by private equity firm Source Capital. Terms were not disclosed.
BBB Industries, a sustainable manufacturer of automotive parts, has entered into a definitive agreement to be acquired by Clearlake Capital Group, with continued investment by Genstar Capital and management. Financial terms were not disclosed.
Endurance Technologies Limited acquired ION Energy's advanced electronics business unit Maxwell Energy Systems (MESPL) for $40 million. Endurance will purchase a 51% stake for $17.5 million, with the remaining 49% to be acquired over 5 years.
Gradiant, a cleantech water solutions provider, acquired Canadian AI water technology company Synauta to accelerate digital twin technology in water and wastewater treatment.
VINCI Energies acquired Summa Engineering Limited, an engineering services and system integrator for the water/wastewater industry in Toronto, Canada. Summa Engineering had 40 employees and CAD 10 million turnover in 2021.
Toyota Industries Corporation (TICO) signed an agreement to acquire all shares of viastore Group, a provider of intralogistics systems and software. The deal is subject to antitrust approval and expected to close in Q3 2022. viastore will operate as an independent unit under Toyota Advanced Logistics Group.
Hitachi Energy and Arteche established a new joint venture, Arteche Hitachi Energy Instrument Transformers S.L., with Arteche holding 51% and Hitachi Energy 49%. The JV will produce gas-insulated instrument transformers for switchgear.
Siam Cement Group (SCG) and ZiFiSense established ZiFiSense Asia Co. Ltd, a joint venture with registered capital of 22 million Thai baht (SCG 55%, ZiFiSense 45%), to provide ZETA-based LPWAN solutions for Industrial IoT, Smart City, Smart Agriculture, and Logistics in Southeast Asia.
Hitachi Energy and Arteche established a new joint venture, Arteche Hitachi Energy Instrument Transformers S.L., with Arteche holding 51% and Hitachi Energy 49%. The JV will produce gas-insulated instrument transformers for switchgear.
CGG announced that its Sensing & Monitoring division, Sercel, has acquired Geocomp Corporation, a specialist in geotechnical risk management and infrastructure monitoring based in Acton, Massachusetts. The acquisition gives Sercel access to the U.S. infrastructure market.
Sandvik Materials Technology acquired the remaining 30% stake in Pennsylvania Extruded Tube Company (PEXCO) from Nippon Steel Extruded Tube, taking full ownership of the Clarks Summit, Pennsylvania extruded steel tube plant.
Clearlake announced an acquisition of BBB Industries, described as a sustainable manufacturing platform. The article text gives no further details on terms or location.
ATC Drivetrain announced the acquisition of Global Battery Solutions (GBS), a Holland, Michigan-based company providing battery life-cycle management and EV component services, operating out of a 50,000 sq ft facility.
Latécoère completed the acquisition of Malaga Aerospace, Defense & Electronics Systems (MADES) from American Industrial Acquisition Corporation. The deal, signed in December 2021, received approval from the Spanish Council of Ministers.
AgriFORCE Growing Systems completed the acquisition of intellectual property from Manna Nutritional Group, including patent-pending technologies for processing grain and pulses into low-starch, high-protein flour. The company plans initial production in Saskatchewan, Canada, with operations expected in the second half of 2022.
ENTRUST Solutions Group announced its acquisition of Kestrel Power Engineering in February 2020. Kestrel provides consulting and testing services for power generation facilities.
Black Bay Energy Capital acquired a majority interest in Advanced Industrial Devices, a provider of electric motor automation and control solutions, from Rock Island Capital. AID will remain headquartered in Tulsa, Oklahoma.