Hunt Valve Company completed its acquisition of Pima Valve, a Chandler, Arizona maker of severe-duty bronze marine valves, serving the U.S. Navy and industrial customers. The deal was announced on April 25, 2022.
Anchor Packaging LLC announced the acquisition of Panoramic Inc., a rigid food packaging company located in Janesville, Wisconsin.
Indorama Ventures completed its acquisition of Ngoc Nghia Industry Service Trading JSC, a Vietnamese PET preforms, bottles and closures producer with four plants and 76,000 tons annual PET conversion capacity.
Biomerics, a contract manufacturer for medical devices, merged with Northeast Laser & Electropolish (NLE) of Monroe, Connecticut, to form a new metals division called Biomerics NLE. The merger was announced on August 1, 2019.
Singapore-based Cognicept Systems merged with Kabam Robotics, a division of PATEC Group, combining robotics and precision manufacturing expertise.
Parts Authority, an automotive and truck parts distributor, acquired Gem Auto Parts Co. Inc., a six-location auto parts supplier based in Chelsea, Massachusetts. The transaction was finalized on April 22, 2022.
Sandy Alexander, a Snow Peak Capital portfolio company, has acquired Abbott Communications Group (ACG).
Snow Peak Capital has acquired TurbineAero, Inc., the world's largest independent provider of MRO services for aircraft auxiliary power units and aeroengine components.
Snow Peak Capital has sold a majority interest in Dalco-GFT Nonwovens, a manufacturer of needle-punched nonwoven specialty fabrics, to Arvind Advanced Materials Limited, a subsidiary of Arvind Limited. Snow Peak and CEO Joey Duncan retain a minority stake.
Hyde Industrial Blade Solutions announced on April 22, 2022, its merger with Applied Cutting Technology of Midlothian, Virginia. The combined company will operate under the Hyde name.
Marel acquired Sleegers Technique, a specialist in slicing, interleaving, and modular machine construction for the food industry, on April 22, 2022. The terms of the transaction were not disclosed.
New South Construction Supply signed a letter of intent to acquire American Contractors Supply (ACS), a distributor of tilt-up products based in Atlanta, Georgia. The acquisition is expected to close in the second quarter of 2022, and ACS will operate under the New South name.
JSW Group has initiated discussions with private equity firm Carlyle to back its bid for Holcim's Indian cement operations, which include Ambuja Cements and ACC Ltd. The deal could be worth up to $10.6 billion.
20/20 Custom Molded Plastics, an Inteplast Group affiliate, acquired the assets of Vantage Products Corporation in Covington, GA. The company will invest $7 million and expects to create 100 jobs over two years.
Institutional Shareholder Services recommended that Intertape Polymer Group shareholders vote to approve the acquisition by an affiliate of Clearlake Capital Group. The vote is at the upcoming IPG annual and special shareholder meeting.
Continental acquired Rico Auto Industries Limited's 50% shares in the joint venture Continental Rico Hydraulic Brakes India Ltd., making it a wholly owned subsidiary. The plant in Gurgaon, India, produces hydraulic brake system components for OEM customers.
Steel High Temperature Research Institute (Gangyan Gaona) and AECC Power (Hangfa Dongli) will jointly establish Xi'an Steel High Temperature Research Institute Aviation Components Co., Ltd. in Xi'an, Shaanxi, China, with a registered capital of CNY 110 million. Gangyan Gaona will contribute CNY 74.77 million for a 67.97% stake, and AECC Power will contribute assets worth CNY 35.23 million for a 32.03% stake.
Triveni Turbines DMCC, a subsidiary of Triveni Turbine Ltd, acquired a 70% majority stake in South African engineering firm TSE Engineering for R11.9 million, announced April 2022.
Nidec announced plans to acquire three machine tool manufacturers by 2025 to grow its machinery business to 500 billion yen, having already acquired Mitsubishi Heavy Industries Machine Tool and OKK.
All4Labels Global Packaging Group announced the acquisition of Olympus Print Group as part of its global growth strategy.
The US Federal Trade Commission cleared Prince International Corp's merger with Ferro Corp, valued at $2.1 billion, on condition that Prince sells three facilities. EU antitrust regulators had cleared the deal in January 2022.
Mutares SE & Co. KGaA has signed an agreement to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A. The transaction is expected to close by the end of Q3 2022.
Private investment firm Ripple Industries LLC has completed the acquisition of Schumacher Electric Corporation, a global leader in power conversion products, from Lincolnshire Management, Inc. Financial terms were not disclosed.
Prometheus Group, a provider of asset management software, acquired LUCY Industrial Management Solutions, a Dutch software firm for capital project execution. Financial terms were not disclosed.
Element Materials Technology acquired Clinimark, a clinical FDA validation testing firm for medical devices and wearables based in Louisville, Colorado. Financial terms were not disclosed.
Wallaby Medical has acquired German neurovascular device company phenox GmbH, including its subsidiary femtos GmbH, for a total consideration of approximately EUR 500 million including milestone payments. The transaction has received all regulatory approvals and has been completed.
Tech Power Electronics Group, through Tech Power Electronics France, acquired Electronic Development Normandy (E.D.N.), a company specializing in customized power supplies development.
The UK Competition and Markets Authority initiated a Phase 2 merger inquiry into Sika AG's anticipated acquisition of MBCC Group, focusing on competition concerns in chemical admixtures supply.
The Mercantile Court of Barcelona awarded curved glass manufacturer Cricursa to architectural glass manufacturer Tvitec, which will maintain around 130 jobs. Tvitec's offer was chosen over a higher bid due to better business and labour continuity guarantees.
Daio Paper's subsidiary Daio Package resolved to acquire all shares of Yoshizawa Industry, a corrugated cardboard sheet and container box maker in Niigata Prefecture, to secure base paper supply in Japan.
Kordsa of Turkey is to acquire the majority shares of Italian composites company Microtex Composites, which provides carbon fibre fabrics and prepregs for marine, motorsport and super-luxury automotive industries.
Caterpillar has made a preliminary deal to divest its longwall mining equipment business to Hauhinco. The transaction is expected to close in Q3 2022.
Scottish engineering firm Ross-shire Engineering (RSE) completed an investment in DPS Group, an electrical, instrumentation and control solutions provider.
Pidilite Industries agreed to acquire 100% of Huntsman Advanced Materials Solutions Private Limited, which owns the Araldite brand, for about Rs 2,100 crore.
India Grid Trust (IndiGrid) executed a share purchase agreement to acquire 100% of Jhajjar KT Transco from Kalpataru Power Transmission and Techno Electric & Engineering Company for an indicative value of INR 310 crore.
Blanchon acquired Rigo Verffabriek, a Dutch family-owned paint manufacturer specializing in finishing products for wood and heritage buildings. The terms were not disclosed.
Avient Corporation entered into an agreement to purchase the DSM Protective Materials business (including the Dyneema brand) from Royal DSM for $1.485 billion. The acquisition is expected to close in 2022.
SSE Plc agreed to buy a portfolio of onshore wind development projects from Siemens Gamesa for 580 million euros. The projects have 3.9 GW capacity in France, Greece, Italy and Spain.
The Competition Commission recommended approval of Ardagh's acquisition of Consol Glass for R10 billion, with conditions including a new employee share ownership program and investment in a new glass manufacturing facility.
Sonoco acquired the remaining one-third interest in Sonoco do Brasil Participacoes from private investors, taking full ownership of the flexible packaging joint venture near Curitiba, Brazil. The joint venture had about $34 million in 2021 sales.
Fortis Solutions Group LLC announced its acquisition of Label Tech Inc., based in Somersworth, N.H.
MB Aerospace has sold its interests in MB Aerospace Sterling Heights Inc to an affiliate of American Industrial Acquisition Corporation (AIAC). The business will trade as Vital Engineered Components Company (VECCO), focusing on machining high-value cast components for aerospace and industrial markets.
The Kiely Family of Companies (KIELY) acquired Industrial Treatment Technologies, Inc., a wastewater systems and solutions company headquartered in Fernandina Beach, Florida, to expand its water resources capabilities. The acquisition was completed on April 18, 2022.
Tupy S.A. announced an agreement to acquire MWM do Brazil, a wholly owned indirect subsidiary of Navistar International Corporation (a TRATON SE subsidiary), to extend services including machining, assembly, and engineering, and enter new sectors such as energy and decarbonization.
Asahi Songwon Colors Limited acquired a 78% controlling stake in Ahmedabad-based active pharmaceutical ingredient (API) maker Atlas Life Sciences Private Limited for ₹48 crore in an all-cash deal, with plans to acquire the remaining 22% by 2025. The company also plans to set up a new plant at Chhatral near Ahmedabad.
CVC Capital Partners VIII agreed to acquire the Neolith Group, a global leader in sintered stone surfaces, from Investindustrial and the Esteve family. The deal was announced on April 18, 2022.
MHS Global and Fortna will combine to form a multi-billion-dollar company providing parcel, warehouse, and distribution automation. THL will remain majority owner, and a subsidiary of ADIA will acquire a significant minority stake.
Weichai Power Co., Ltd. agreed to acquire a 22.69% stake in Weichai Lovol Heavy Industry Co., Ltd. from Weichai Holding Group for 1.584 billion CNY (approx. $250 million), increasing its ownership to 62%. The announcement was made on April 18, 2022.
Shanxi Taigang Stainless Steel (TISCO) will invest 392.7 million yuan to acquire a 51% stake in Shandong Xinhai Industrial, forming a joint venture with Linyi Xinhai New Material to produce 300-series stainless steel.
Med Platform II, a fund managed by ArchiMed SAS, entered into a definitive agreement to acquire Natus Medical Incorporated for approximately $1.2 billion, or $33.50 per share. The transaction was announced on April 17, 2022.