ILPRA has signed a binding agreement to acquire 30% of MACS Srl, a Bologna-based packaging machine manufacturer. The transaction is expected to close by April 2022.
Ocean GeoLoop has agreed to acquire a 67% majority stake in Energi Teknikk, a supplier of equipment and services for small hydropower plants. The acquisition supports development of carbon capture solutions with integrated power generation.
3D Systems announced an agreement to acquire Kumovis, a Munich-based additive manufacturing solutions provider for personalized healthcare applications, adding unique extrusion technology for medical-grade polymers like PEEK.
Changzhou Faurecia Auto Parts Co., Ltd. was established with a registered capital of 10 million yuan, wholly owned by Shenzhen Faurecia Auto Parts Co., Ltd., which is jointly held by Faurecia (China) Investment Co., Ltd. and BYD Auto Industry Co., Ltd.
Schumacher Packaging obtained a majority interest in the Kaierde board mill in Delligsen, Lower Saxony, raising its solid board capacity at the site from 50,000 to 75,000 tons per year. The deal is part of a 700 million euro investment programme to 2025.
Pactiv Evergreen reported in its Q4 2021 results a recent agreement to sell its carton packaging and filling machinery businesses in China, Korea and Taiwan. The article gives no buyer, value or exact signing date.
IMCD N.V. has signed an agreement to acquire 100% of the business and subsidiaries of Quelaris Internacional S.A., a Latin American regional raw material distributor with offices in Colombia, Costa Rica, and Peru.
OMNTEC Mfg., Inc. has entered into a definitive agreement to acquire Vaporless Mfg., Inc. (VMI), a manufacturer of mechanical and electronic line leak detection systems. The acquisition adds a third manufacturing location in Prescott Valley, Arizona.
U.S. truck engine maker Cummins Inc. announced it will buy auto parts maker Meritor Inc. for $2.58 billion in cash to expand its electric and hybrid vehicle parts offerings.
Teleco Automation has signed an agreement to sell 75% of its shares to Somfy Group, world leader in automatic controls for openings and closures. The deal aims to improve capacity to offer customized and integrated solutions.
Unimicron Technology Corp plans to acquire the 67.82% of Subtron Technology Co it does not own via a share swap, issuing 45.45 million ordinary shares. The deal is expected to close by October 1, 2022, to integrate resources for expansions in EV, autonomous driving, and high-frequency communication markets.
Sivers Semiconductors AB has completed the acquisition of MixComm Inc. for $22.5 million in cash and stock, strengthening its position in 5G, SATCOM and Radar markets. The deal includes a potential earn-out of up to 6,993,007 additional shares based on customer milestones.
ATS Automation Tooling Systems has acquired the intellectual property assets of VASPAC, a Canadian company specializing in software quality assurance for the nuclear industry. Financial terms were not disclosed.
Qatar Investment Authority agreed to acquire a minority interest in AIT, the world's largest provider of factory automation to aerospace, defense, and space launch sectors. The transaction is expected to close in 2022.
Neova Oy has agreed to acquire a 30% minority stake in Kekkilä-BVB Oy from Nielson Belegging en Beheer B.V., giving Neova full ownership of Kekkilä-BVB. The purchase price was not disclosed. Additionally, Vesa Tempakka has assumed the role of CEO of Kekkilä-BVB.
Vestum AB agreed to acquire 100% of KylKontroll Göteborg AB, a climate control specialist in the Gothenburg region with sales of SEK 86 million and EBITDA of SEK 15 million. The purchase price will be partly financed through a share offset issue of 847,218 Vestum shares.
Perlon GmbH, a German synthetic filament manufacturer, acquired NOWO Products Sp. z o.o. in Kluczbork, Poland, a producer of twisted monofilaments for the paper industry, including all 40 employees and production lines.
Komatsu NTC Ltd. has acquired all holdings of YIDA Group in the joint venture YIDA NIPPEI MACHINE TOOL CORPORATION, making it a wholly owned subsidiary, and renamed it KOMATSU (DALIAN) MACHINE TOOL CORPORATION.
Airbus, Safran and Tikehau Ace Capital have signed a memorandum of understanding with Eramet to acquire 100% of its subsidiary Aubert & Duval, a strategic supplier of critical parts and materials for aerospace, defence and nuclear industries.
Italian valve maker Gruppo OMB, through OMB Valves Spa, acquired Nencini Spa of Siena from Gruppo Ipi. Nencini makes large hydraulic valves for dams and hydroelectric plants, opening OMB's entry into the hydraulic valve market.
Evapco announced its acquisition of Canadian-based manufacturer Systèmes LMP (LMP) to form subsidiary Evapco Systems LMP, combining Evapco's ammonia refrigeration expertise with LMP's transcritical CO2 refrigeration technology.
TAQA announced it has fully acquired TENDEKA, a UK-based engineering and manufacturing company specializing in reservoir monitoring and control well completions, with offices in Houston, Stavanger, Aberdeen, Dubai and Kuala Lumpur.
Wavin, an Orbia business, announced it will acquire a majority stake in Vectus Industries, an Indian manufacturer of plumbing and drainage pipes and water storage tanks. The deal is expected to close in Q1 2022.
Hempel completed the acquisition of Khimji Paints, a leading paint and coatings manufacturer in Oman, gaining a production facility and over 70 employees.
Arkema announced the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), a Chinese specialist in hot-melt adhesives for the consumer electronics market. The deal is expected to close in Q1 2022.
Private equity firm CAPZA agreed to acquire a majority stake in Aercal, a Spanish manufacturer of metal parts for aircraft fuselage construction. Financial terms were not disclosed.
Speira announced it has signed a definitive agreement to acquire the European business of Real Alloy, a leading recycler of aluminium and magnesium scrap with seven facilities across Germany, Norway, France and the UK.
LS Group is considering buying an additional 37.4% stake in LS-Nikko Copper from JX Nippon Mining & Metals through two Korean PE firms for about 600 billion won ($490 million), increasing its ownership to 87.5%.
Ravin Group has acquired Cable Corporation of India Ltd., a cable manufacturer established in 1957 in collaboration with Siemens. The group flagged its first dispatches on February 19, 2022, and the acquisition enhances Ravin Group's manufacturing capacity from 250V to 400kV.
Kalpataru Power Transmission Ltd (KPTL) will merge its listed subsidiary JMC Projects (India) into itself in an all-share swap deal. The merger is expected to be completed by March 2023, creating one of the largest EPC companies in India.
Reliance Retail Ventures Ltd. acquired a 54% stake in Addverb Technologies, a robotics company providing intra-logistics automation solutions, for $132 million. Addverb's manufacturing facility in Noida has capacity to make 50,000 robots per year.
Viora announced it has reached an agreement to be acquired by Sinclair Pharma, a global aesthetics company and subsidiary of Huadong Medicine Company Limited.
The Antimonopoly Office of the Slovak Republic approved the acquisition of exclusive control by Legrand France S.A. over EMOS CZ group, a.s., and its subsidiaries in the Czech Republic, Slovakia, Poland, Hungary, and Slovenia.
Schneider Electric purchased a controlling stake in EnergySage, a rooftop and community solar marketplace. EnergySage will also build new solutions for HVAC, smart home devices, and other clean energy products and scale globally.
John Cockerill has completed the purchase of 100% of Cockerill Jingli Hydrogen in China, previously held at 56%.
Indorama Ventures Public Company Limited completed a deal for an 85% equity stake in Czech Republic-based PET plastic recycler UCY Polymers CZ s.r.o. The investment will enable IVL to recycle about 1.12 billion additional post-consumer PET bottles in the Czech Republic annually by 2025.
Celanese Corporation signed a definitive agreement to acquire a majority of DuPont's Mobility & Materials business for $11.0 billion in cash. The acquisition includes engineered thermoplastics and elastomers, brands, IP, and global production assets.
Marshall Excelsior Company, a Harbour Group company, acquired Xanor de Mexico (Xanik), a Mexico City maker of specialty severe-service valves. Terms were not disclosed.
VA Gruppen, a Swedish supplier of water and sewage works, acquired Peters Geotekniska Borrningar AB, a geotechnical drilling company, on February 17, 2022.
The Stertil Group acquired Nussbaum Custom Lifts GmbH and Nussbaum World Lifts GmbH in Kehl, Germany. The acquisition was announced on February 17, 2022.
Bast Fibre Technologies Inc. completed its purchase of Georgia-Pacific's Lumberton Cellulose LLC in Lumberton, North Carolina. BFT plans to expand capacity to over 30,000 tonnes per year.
Bay Crane Companies acquired Gatwood Crane Rental Service, a crane rental company in the Chicago-land area. The acquisition was announced on February 17, 2022.
Danish lifting gear company Fyns Kran Udstyr acquired Swedish company Cranemech, which specializes in service and sales of industrial lifting equipment, as part of a Scandinavian expansion plan.
The French State signed an exclusive agreement to acquire part of GE Steam Power's nuclear activities, including the Arabelle turbine and related technology, with closing expected in first half of 2023.
Mondi agreed to sell its personal care components business, which makes components for baby wipes and diapers, to Japan's Nitto Denko for 615 million euros ($699 million). The sale lets Mondi focus on its packaging division.
The Sherwin-Williams Co. completed the acquisition of AquaSurTech, strengthening its position in coatings for the building products market.
Gruppo Grigolin, a leader in construction materials, completed the acquisition of Magnetti Building, a company specialized in prefabricated concrete industrial buildings. The deal closed on February 16, 2022.
Schneider Electric Industries SAS signed a merger agreement to acquire the remaining 16.07% stake in IGE+XAO SA for €50.7 million.
Redex Group announced the acquisition of ANDANTEX USA Inc., a New Jersey-based company that has been selling and servicing Redex Group products in North America for 40 years.
Shuanghuan Driveline (002472.SZ) announced it will invest 180 million yuan (90% stake) and Nanjing Chuangsa will invest 20 million yuan (10% stake) to establish a joint venture, Jiangsu Huanhuan Transmission Equipment Co., Ltd., with registered capital of 200 million yuan. The JV will focus on high-end gear transmission equipment for new energy, metallurgy, building materials, ports, and power sectors.