Lehigh Hanson, Inc., a subsidiary of HeidelbergCement, has acquired all assets of Meriwether Ready Mix, including four ready mixed concrete plants and a fleet of mixer trucks in the Metro Atlanta Area. The acquisition strengthens Lehigh Hanson's footprint in the growing market.
Evoqua Water Technologies purchased the remaining equity of Frontier Water Systems, LLC, a supplier of engineered equipment packages for water and wastewater treatment. Financial terms were not disclosed.
Sanara MedTech Inc. entered into a definitive merger agreement to acquire Precision Healing Inc. The purchase price consists of approximately $5.1 million in stock and cash, plus earnout obligations, valuing Precision Healing's equity at about $7.8 million.
Red Lion Controls, an operating company of Spectris plc, acquired MB connect line GmbH, a German provider of secure remote access and industrial IoT solutions.
Celltech Group acquired Fey Elektronik GmbH, a German battery manufacturer, adding R&D and production sites in Germany to its operations.
Yanmar Holdings has acquired a majority share in ELEO Technologies, a battery technology company based in Helmond, Netherlands. ELEO will operate as a stand-alone entity under Yanmar Power Technology. Financial terms were not disclosed.
Swiss packaging maker Aluflexpack AG has acquired an 80% share in Teko Aluminyum, which produces aluminum for manufacturing and aluminum caps for dairy and beverage sectors. The deal value was not stated.
Antalis signed a binding offer to acquire BB Pack Group in Germany, a packaging distributor focused on e-commerce, subject to competition approval. BB Pack Group had consolidated turnover of 42 million in 2021.
Jier Machine Tool Group (济南二机床集团) signed an agreement to acquire equity in Jinan Maiteli Group (济南迈特力集团) on April 2, 2022, to expand product structure and market presence in stamping solutions.
Addiplast Group has taken over Toyo Ink Europe Speciality Chemicals in Villers-Saint-Paul, France, a coloring unit for plastics. The deal adds 33 employees and €12 million in sales, and the site will be renamed Addicolor.
ENTRUST Solutions Group announced its acquisition of TG Advisers, a consulting firm specializing in steam turbine, gas turbine, and generator services, in April 2022.
The Fedrigoni Group announced its investment in a majority share of Tageos, a designer and manufacturer of RFID inlays and tags headquartered in Montpellier, France.
ProLift Toyota Material Handling and Toyota Material Handling Ohio, two equity-owned Toyota dealerships, merged into a single entity. ProLift will absorb TMH Ohio's three locations in northern Ohio under its brand.
PCX Aerosystems acquired Honematic Machine Corporation, a supplier of extendable refueling probes for the rotorcraft market, on April 1, 2022. The acquisition enables vertical integration and collaboration with recently acquired Aero-K.
Central Machine Hire Limited purchased the hire side of PL Clarke Ltd, effective 1 April 2022. The acquisition includes earthmoving equipment and expands CMH's heavy equipment hire operations in New Zealand's South Island.
Indorama Ventures Public Company Limited completed the acquisition of Oxiteno from the Ultra group for $1.48 billion. The deal makes Indorama the top ethylene oxide and surfactants producer in the Americas, adding Oxiteno's 11 plants in South and North America.
IPEX announced the acquisition of Harrington Corporation (Harco) as of April 1, 2022, gaining seven manufacturing plants and distribution centres across the US.
Sarcos Robotics acquired RE2 Robotics for $100 million ($30M cash, $70M stock) to develop robots for dangerous tasks in aviation, construction, defence, and energy.
Synthomer PLC has completed the $1 billion (approx. £763.6m) acquisition of Eastman’s Adhesive Resins business, which will form a new division called Adhesive Technologies.
Stamford-based private equity firm Olympus Partners has acquired Omega Environmental Technologies, an aftermarket distributor of climate control products for automotive sectors, from AEA Investors for an undisclosed sum.
Bremhove, the investment group of entrepreneur Joris Ide, has acquired the French Monopanel factory from Tata Steel. Monopanel manufactures building cladding, flooring profiles and roof panels for the construction sector.
Concentric Equity Partners, through its newly formed HVAC and plumbing platform Leap Partners Holdings, recapitalized Conditioned Air Solutions, a residential and commercial HVAC services provider in North Alabama.
Montana Aerospace AG has closed the acquisition of 100% of the shares of S.R.I.F. NV (the Asco Group), a supplier of aerospace components and structures, for a combination of cash and shares.
Addtech has acquired Electric Control Systems Automation AS. The announcement was made on April 1, 2022.
Beijer Ref signed agreements to acquire all assets of GMR Supplies, a refrigeration wholesaler in Perth, and Mackay Air Supply, an HVAC&R wholesaler in Mackay, Australia, with combined annual turnover of approximately SEK 50 million.
Fuda Alloy will swap all its assets and liabilities (valued at 1.03 billion yuan) for shares of Sanmenxia Aluminum, valuing the latter at 15.56 billion yuan. The deal will make Jinjiang Group the controlling shareholder of the listed company.
Seas-NVE Strømmen, the electricity trading arm of energy group Andel, has acquired Enova Energy, a small heat pump company based in Copenhagen. The acquisition aims to capture a third of the Danish heat pump market by 2030.
Fairbanks Morse Defense (FMD) acquired Maxim Watermakers, a provider of desalination and water treatment technologies for marine defense applications, based in Shreveport, Louisiana.
Hitachi Industrial Equipment Systems Co., Ltd. acquired 100% of the stock of PHOTON ENERGY GmbH, a German laser system manufacturer. The acquisition aims to strengthen Hitachi's coding and marking business by adding PHOTON ENERGY's laser technology.
Celanese Corporation and Mitsubishi Gas Chemical Company completed the restructuring of their 50/50 joint venture Korea Engineering Plastics Co. (KEP). KEP will now focus on manufacturing and supplying products to its shareholders, who will market them independently. Celanese also sold land to KEP at its Ulsan site for approximately $10 million.
Sandvik completed the acquisition of Australian-based Deswik, a leading provider of mine planning software. Deswik will become part of a newly formed Digital Mining Technologies division within Sandvik Mining and Rock Solutions.
TMEIC Corporation Americas, through its subsidiary TMEIC Port Technologies, completed the acquisition of Orbita's Ports and Terminals Division on April 1, 2022, to expand its port automation offerings.
Architectural Surfaces, a distributor of natural stone and tile, acquired ARC Natural Surfaces, an importer and distributor of natural stone and quartz with facilities in Virginia Beach and Ashland, Virginia.
Rotzinger acquired the Spanish company Packfeeder, which designs and manufactures container feeding machines for filling equipment. The terms of the deal were not disclosed.
GAM announced the acquisition of the business units of Intercarretillas and Interplataformas, Yale dealers and JLG service providers in Andalusia, for an enterprise value of €5 million.
ITT Inc bought Habonim, a valve manufacturer based in Kfar HaNassi, Israel, in an all-cash deal valued at US$140 million. Habonim becomes part of ITT's Industrial Process segment.
Germany's Fresenius Kabi signed a definitive agreement to acquire US-based medical technology firm Ivenix. The deal includes an upfront payment of $240 million plus milestone payments tied to commercial and operating targets, with closing expected mid-2022.
Eternity Systems, a French industrial washer of reusable containers and packaging, announced the acquisition of LIP, which washes plastic crates and pallets for the food industry. The deal lets Eternity expand its industrial washing business.
YRG Group, a UK packaging design and reprographics company, announced the acquisition of Spera, an Irish and UK print and packaging origination firm operating in Ireland, the UK and Asia. The deal supports YRG's push into the corrugated industry.
TUBEX Holding GmbH of Rangendingen, Germany acquired Hungarian packaging manufacturer Mátrametál Kft, which produces aluminium aerosol cans and tubes in Sirok. Terms were not disclosed.
Elopak and GLS formed GLS Elopak, a 50-50 joint venture headquartered in Gurugram, India, to make fibre-based aseptic and fresh packaging. Manufacturing will be based in Rewari, Haryana, with a reported value of $35 million.
DADA Holdings, Concord Resources and Invitalia acquired the business unit of Slim Fusina, an aluminium rolling operation in Venice, Italy, through a newly incorporated company Niche Fusina. The facility has a rolling capacity of 75,000 metric tons per year.
Altrad Investment Authority S.A.S. completed its acquisition of ENDEL SAS from ENGIE SA. The deal, agreed on September 7, 2021, closed on April 1, 2022.
Atlas Holdings LLC entered into an agreement to acquire Carlex Glass America, LLC and Carlex Glass Luxembourg S.A. from Central Glass America, Inc. and Central Glass Co., Ltd. The transaction is subject to German competition authority approval.
Core & Main entered into a definitive agreement to acquire substantially all assets of Lock City Supply Inc., a distributor of water and wastewater products based in Lockport, New York.
Allison Transmission completed the acquisition of AVTEC Ltd.'s off-highway transmission portfolio and component machining business for $23 million in cash. The deal, announced on September 16, 2021, closed on March 30, 2022.
Linamar Corporation agreed to acquire GF Casting Solutions' 50% interest in their joint venture GF Linamar LLC in Mills River, North Carolina, giving Linamar 100% ownership. The JV manufactures aluminum and magnesium structural and powertrain components for automotive and commercial vehicle customers.
IMS Engineering Pvt. Ltd. acquired Heavy Electrical Complex (HEC) from the State Engineering Corporation at Rs. 99.999 per share, resulting in Rs. 1.4 billion in proceeds for the government. IMS plans to expand HEC's product line from power transformers to grid stations and export to regional markets.
BMI Group, a Standard Industries company, acquired Asfaltos ChovA, a Spanish specialist in waterproofing and thermal/acoustic insulation solutions. The acquisition expands BMI's flat roofing business in Spain.
LB Officine Meccaniche announced an integration agreement to acquire Barcom srl, an Italian company specializing in environmental technologies for air purification, fume treatment, water treatment and dust filtration.