Wacker Neuson has agreed to acquire up to 100% of the Enar Group, a Spanish manufacturer of light construction equipment specializing in concrete compaction, to expand its concrete technology business.
Schneider Electric has acquired Aurtra, an Australian provider of asset management solutions for oil transformers, to strengthen its digital electrical distribution services.
DL Chemical has completed the acquisition of Kraton, a US-based SBC and biochemical company, for an undisclosed amount, becoming a global petrochemical firm.
Geveke, an Amsterdam-based industrial goods and services company that provides pumps and compressors, was acquired by Atlas Copco on March 15, 2022. The terms were not disclosed.
The Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired New England Machinery, Inc., a privately held maker of bottling and packaging line equipment based in Bradenton, Florida. The transaction closed on 11 March 2022 and was announced on 14 March 2022.
Medica Packaging, a UK folding carton and leaflet maker based in Crewe, has acquired F.G. Curtis plc of Redhill, Surrey, a folding carton manufacturer serving cosmetics and beauty markets. The deal was financed with support from Harwood Capital and Shawbrook Bank, and the Curtis business keeps its management and trading names.
HB Chemical, a Ravago company, announced the acquisition of J. Drasner & Co., a supplier of batch inclusion packaging and specialty additives for rubber and plastics.
Groupe Gorgé has entered exclusive negotiations to acquire 100% of iXblue for an enterprise value of €410 million. The transaction will combine iXblue with Groupe Gorgé's subsidiary ECA Group, which specializes in autonomous robotics.
SMT, a Belgian distributor, acquired Texas-based ROMCO Equipment Co., the exclusive Volvo Construction Equipment distributor in most of Texas, with twelve offices across the state. The sale closed on March 9, 2022.
Adler Plastic S.p.A., controlled by Paolo Scudieri, has acquired the 28% stake in Adler Group S.p.A. held by FSI, consolidating full ownership.
Zone Climate Services, a portfolio company of Wind Point Partners, acquired Smart Care Equipment Solutions. The combined business will operate under the Smart Care brand as North America's largest provider of commercial kitchen and refrigeration equipment services.
Westinghouse Electric Company completed the acquisition of 50% of Tecnatom, previously owned by Iberdrola and Naturgy, after receiving all regulatory approvals. Tecnatom will be managed as a joint venture between Endesa and Westinghouse.
Algoma Central Corporation and Nova Marine increased investment in their NovaAlgoma joint venture by acquiring three cement carriers from KGJ Cement in Northern Europe and two handy-size bulk carriers from Swire Bulk Holdings. The first vessel was delivered in early February 2022.
Patria agreed to acquire 100% of NEDAERO, a Dutch specialist in defence and aerospace components and parts with operations in Zevenaar and Alphen aan den Rijn. The transaction will be completed on April 1, 2022.
The Comellas family acquired 100% of the shares of Circutor, a Spanish specialist in energy efficiency and electrical grid quality. The new group includes Circutor and Circontrol.
URACA, a maker of high-pressure plunger pumps, completed its acquisition of cleaning equipment companies Hydroclean and SAT Dimaco on 10 March 2022. Financial terms were not disclosed.
Zebra Technologies has entered into a definitive agreement to acquire the Matrox Imaging division from Matrox. The Matrox Video division will remain under current ownership. The head offices will stay in Montreal.
Worthington Industries has acquired global lamination manufacturer Tempel Steel for $255 million. Tempel operates five manufacturing sites and had revenues of $377 million in its most recent fiscal year.
Resurgent Power Ventures Pte Limited, a joint venture backed by Tata Power, has been selected as the successful bidder for South East UP Power Transmission Company Limited under IBC proceedings. The enterprise value is over ₹6,000 crore.
Indorama Ventures Public Company Limited has agreed to acquire the Yarn Division of Tollegno 1900 S.P.A., including a dyeing plant in Tollegno, spinning and treatment plants in Poland, and brands. The transaction is expected to close within the first half of 2022.
Aalberts has agreed to acquire UWS Technologies and Heat-Power 24, two German companies in hydronic flow control, with a combined annual revenue of about EUR 25 million and 90 employees. The acquisition strengthens Aalberts' hydronic flow control offering.
ALPLA Group acquired Texplast from the FROMM Group and all shares in the joint venture PET Recycling Team Wolfen, increasing its annual PET processing volume in Germany to 75,000 tonnes.
Great Lakes Process Controls joined recent Allied Valve acquisitions, with the four companies merged to form Allied Instrumentation.
Yangtze Optical Fibre and Cable (YOFC) and its subsidiary Wuhan Ruixin will form a consortium to invest in Qidi Semiconductor, a semiconductor R&D and production company. The total consideration is approximately RMB 780 million, and YOFC will gain control of Qidi Semiconductor and Tahertz Engineering Center.
Acces Industrie has acquired 100% of Uping Acces, a Spanish specialist in rental of platforms, forklifts and lifting equipment. Uping has three locations in Catalonia and the acquisition marks Acces Industrie's return to Spain.
HEXPOL has signed an agreement to acquire 70% of the shares in almaak international GmbH, a specialist in high quality recycled engineered polymer compounds based in Germany. almaak's turnover in 2021 was 75 MEUR.
Investcorp announced its acquisition of S&S Truck Parts, a leading independent distributor of private label and branded aftermarket truck parts. Terms were not disclosed.
CECO Environmental Corp. has completed the acquisition of GRC, a leader in rubber expansion joints and flow control products. GRC is now part of the Effox-Flextor-Mader joint venture.
H2 Equity Partners has acquired Acal BFi from DiscoverIE Group plc for £50 million, with mezzanine debt financing from Westbrooke Alternative Asset Management. Westbrooke also takes a minority equity stake.
Emerson announced the sale of its Therm-O-Disc business to One Rock Capital Partners as part of a shift toward a higher-growth, more diversified portfolio.
Schupan & Sons, a Kalamazoo, Michigan recycler, announced its acquisition of Des Moines, Iowa-based Mid America Recycling, a multi-material and deposit container recycler.
Axcel, a Nordic private equity firm, acquired Acobia and merged it with Picca to form a leading Scandinavian industrial automation group with over 175 employees and SEK 300 million in revenue.
Saint-Gobain and AFR established a joint venture company in Bengbu, China, on March 7, 2022, effectively acquiring Anhui Sino-Refractory Technology Co., Ltd. to boost Saint-Gobain's zircon-based refractories business.
Blackhawk Aerospace announced it has signed a Letter of Intent to acquire controlling ownership of Recoil Aerospace, a manufacturer of carbon fiber composite fire suppression tanks and auxiliary fuel tanks for helicopters. The deal aims to expand into the wildfire suppression market.
KION North America announced that its dealer partner Granite Industrial Machinery has been acquired by The Cavanaugh Company, LLC. The business will operate as Granite Industrial Trucks, LLC and sell Linde Material Handling and Baoli brands in New Hampshire, Vermont, and Maine.
Singer Equipment Co. acquired Kittredge Equipment Co., a foodservice equipment dealership in Agawam, Massachusetts. Kittredge will operate as Singer Kittredge.
Caverion has acquired 80% of the shares of Danish industrial automation company DI-Teknik A/S. DI-Teknik has around 185 employees and reported revenue of EUR 27.8 million in 2020/21.
Minnesota Rubber and Plastics acquired Primasil Silicones Ltd., a U.K.-based custom silicone rubber compounder and manufacturer, to expand its European footprint and add silicone formulation expertise. Terms were not disclosed.
Right Time Group of Companies, a residential HVAC contractor, acquired The Comfort Group, a provider of residential heating, cooling, and indoor air quality services in Parksville, British Columbia. Terms were not disclosed.
ELIQUO WATER GROUP GmbH has acquired all shares in GEAL mbH, a specialist in automation of water and wastewater facilities based in Rüsselsheim, Germany. The previous owners Christian Schön and Michael Weindel will continue to run the business during the transition.
The 600 Group PLC has entered into a conditional agreement to sell its Machine Tool Solutions Division to Timesavers Acquisition, LLC for $21 million. The division includes 600 UK Limited, Colchester GmbH, 600 Machinery Australia Pty Ltd and Clausing Industrial, Inc.
Amplex AB has acquired all shares in Pritec Vaculyft AB, a manufacturer of lifting and materials handling equipment based in Fjärås, Sweden. The sellers are founders Roland Andersson and Peter Olsson.
AZZ Inc. announced its intention to acquire Precoat Metals, a metal coatings company. The acquisition was announced on March 7, 2022.
Cornerstone Building Brands, the largest manufacturer of exterior building products in North America, has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice in an all-cash transaction with an enterprise value of approximately $5.8 billion.
Medartis Holding AG has signed an agreement to acquire Nextremity Solutions Inc., a US MedTech company specializing in orthopaedic solutions for extremities. The acquisition aims to accelerate Medartis' US extremities business.
Berlin Packaging announced on March 7, 2022 its acquisition of United Bottles & Packaging, a Quebec-based distributor of glass bottles and closures for food and beverage markets. All employees and locations will be retained.
KYOCERA AVX has reached a final agreement to acquire ROHM Semiconductor's tantalum and polymer capacitor manufacturing lines and intellectual property. The transfer is scheduled for August 5, 2022.
Reliance Industries agreed to acquire a 50.1% stake in Sanmina SCI India for Rs 1,670 crore ($221 million), strengthening its electronics manufacturing capabilities, with the deal expected to close by September 2022.
C-P Flexible Packaging, a portfolio company of First Atlantic Capital, acquired privately held Bass Flexible Packaging, which makes stand-up pouches, premade bags and shrink sleeves in Lakeville, Minnesota. Terms were not disclosed.
Westlake Chemical Corp. completed the acquisition of Hexion Inc.'s global epoxy business for approximately $1.2 billion in an all-cash transaction.