DMC Global signed a definitive agreement to acquire a 60% controlling interest in Arcadia Inc., a supplier of architectural building products, for $282.5 million in cash and stock. The total implied transaction value is $469.6 million.
The Max Bögl Group acquired BFT Bohr- und Frästechnik GmbH, a company specializing in trenchless pipeline construction, from sole shareholder Uwe Hey. The purchase price was not disclosed.
Associated Materials, a vertically integrated building products company, entered into a definitive agreement to be acquired by funds managed by SVPGLOBAL. The transaction will make Associated Materials a portfolio company of SVPGLOBAL.
Bentley Systems completed its acquisition of Power Line Systems, a leader in software for overhead electric power transmission line design, from TA Associates for approximately $700 million in cash.
Afinum Neunte Beteiligungsgesellschaft mbH & Co. KG, advised by Afinum Management GmbH, has indirectly acquired a majority stake in GS Swiss PCB AG, a manufacturer of highly miniaturized printed circuit boards, from the exceet Group. Afinum invests together with funds advised by SwanCap Investment Management and the management team.
Zurhaar & Rubb AS, parent company of Rubb Buildings Ltd, has acquired O.B.Wiik AS, a Nordic supplier of fabric buildings and shelters. The combined company expects a turnover of $167.4 million in 2022 and 420 employees globally.
AMD has acquired Xilinx in an all-stock transaction valued at $35 billion, creating a combined company with CPUs, GPUs, FPGAs, and adaptive SoCs for cloud, edge, and end devices.
Tata Steel Long Products won the bid to acquire Neelachal Ispat Nigam Ltd (NINL) for approximately Rs 12,100 crore, including NINL's 1.1 million tonne steel plant in Odisha and iron ore assets.
Inission AB, through its subsidiary Inission Lohja Oy, completed the acquisition of 100% of MLB Electronics Oy, an EMS company based in Lohja, Finland, with 45 employees and EUR 6.9 million revenue in 2021.
Telstra Purple announced plans to acquire Alliance Automation, an IoT industrial automation solutions provider, and Aqura Technologies, a telecommunications infrastructure company, to bolster its IoT capabilities and industry vertical growth.
XP Power Ltd. acquired FuG Elektronik GmbH and Guth High Voltage GmbH for approximately EUR 39 million in cash, strengthening its position in the German power solutions market.
GAM Solutions acquired a 51% stake in Grupo Dynamo Hispaman S.L. (GDH), the main official distributor of Yale in Spain, with an enterprise value of EUR 8 million, making GAM the primary distributor of Hyster and Yale in Spain.
Matalco Inc., a division of Giampaolo Group Inc., acquired Ohio Valley Aluminum Co. LLC (OVACO), a manufacturer of 6000-series aluminum billet based in Shelbyville, Kentucky.
Anglo American Platinum agreed to dispose of its 50% interest in the Kroondal and Marikana pool-and-share agreements to Sibanye-Stillwater.
Vertellus acquired Polyscope Polymers, a supplier of SMA copolymers based in Geleen, Netherlands. Terms were not disclosed.
Faurecia has completed the acquisition of approximately 79.5% of shares in Hella GmbH & Co. KGaA, creating the world's seventh largest automotive supplier. The total value of the acquisition is EUR 5.3 billion.
Komatsu has agreed to dissolve the joint venture with Changlin and Sumitomo Corporation, making Komatsu (Changzhou) Construction Machinery Co., Ltd. a wholly owned subsidiary. The process will proceed sequentially during fiscal year 2021.
Wajax Corporation acquired the net operating assets of Thunder Bay-based Process Flow Systems Ltd., an industrial pump and valve integrator, for about $3.96 million cash plus an earnout of up to $650,000. The deal was announced January 31, 2022.
Munich-based Liberta Partners acquired a majority stake in CWFC Phönix Group GmbH, a valve maker in Volkmarsen, Germany, as a carve-out from Curtiss-Wright. The company has a capacity of 30,000 valves per year.
Systemair AB has agreed to acquire Tecnair Lv SpA from LU-VE S.p.A. and the Monti family for €15 million on a debt-free basis. Systemair will acquire 80% from LU-VE and 20% from the Monti family.
Webb Supply has been acquired by Heritage Distribution Holdings, the U.S. platform for global HVAC wholesaler Beijer Ref.
LyondellBasell's interim CEO Ken Lane reiterated the company's desire and intent to buy Sasol's 50% stake in their joint venture at Lake Charles, Louisiana, which includes a cracker and two polyethylene plants.
JSP International Sarl, a French subsidiary of Japan's JSP Corporation, acquired a 35% stake in Italian plastics injection molder GHEPI srl. The goal is to create a Center of Excellence in plastics injection molding. The founding family retains majority control and operational management.
German chemicals maker Lanxess is reportedly preparing a joint bid with investor Advent for Dutch rival DSM's plastics business, valued at €3 billion. The unit would become part of Lanxess' subsidiary HPM.
Béton des Monts du Lyonnais (BML) acquired Albemi, an independent ready-mixed concrete specialist in the French Lake Geneva region with three plants. The acquisition strengthens BML's presence in the Auvergne-Rhône-Alpes region.
JPW Industries, a manufacturer of metalworking and woodworking equipment, acquired Axiom Tool Group, a designer of CNC machines. Axiom's operations in Westerville, Ohio will remain.
EBNER acquired a majority stake in Mino, a company specializing in mechanics for rolling and forming metals, on January 28, 2022. The terms were not disclosed.
Bay Crane, based in New York, has acquired Gatwood Crane Rental Service, which operates in the greater Chicago region. No financial details were disclosed.
AMD received conditional approval from China's State Administration for Market Regulation for its $35 billion acquisition of Xilinx, with the deal expected to close in Q1 2022.
Clearwater Systems, a distributor of water treatment systems and Kinetico product line, acquired Northern Arizona Quality Water, a Kinetico dealership serving residential and commercial water treatment customers since 1989. The acquisition extends Clearwater's services to Yavapai and Coconino counties in Arizona.
H.B. Fuller, a US-based global adhesives business, acquired Apollo, a Staffordshire-based adhesives, liquids, sealants and primers company, for approximately £50 million. Apollo will operate under H.B. Fuller's Construction Adhesives and Engineering Adhesives division.
China's State Administration for Market Regulation conditionally approved Advanced Micro Devices Inc.'s $35 billion all-stock deal to acquire Xilinx. The approval was announced on January 27, 2022.
Cemex acquired Broquers Ambiental, a company specializing in municipal solid waste separation and treatment in Querétaro, Mexico. Cemex plans to double Broquers' capacity and use the processed waste as low-impact fuel for cement production, creating 50 new jobs.
Unifrax completed its acquisition of Lydall and changed its name to Alkegen. The company will move its filtration and battery headquarters to Dallas, Texas, while keeping its Tonawanda, New York base for thermal insulation and emission control.
Stellantis announced plans to increase its shareholding in the GAC-Stellantis joint venture from 50% to 75%, subject to Chinese government approval, to strengthen its Jeep brand operations in China.
Frencken Group entered into an agreement to acquire a 50% stake in Malaysian polymer company Penchem Technologies for RM15.6 million (S$5.2 million) and subscribe for additional shares, totaling S$5.4 million.
Siam Cement Group and Big Bloc Construction have signed a joint venture agreement to manufacture and distribute autoclaved lightweight concrete (ALC) blocks and panels in Gujarat. The JV will invest around $100 million, with Big Bloc holding 52% and Siam Cement 48%.
Mississippi-based Summit Plastics Inc. is acquiring Clear View Bag Co. Inc., expanding its geographic presence and product line.
ZAPI Group acquired BlueBotics SA, a provider of natural navigation technology for AGVs and AMRs. The transaction closed December 21, 2021.
Venus Medtech (Hangzhou) Inc. concluded its acquisition of 100% equity interest in Cardiovalve Ltd., an Israeli transcatheter mitral and tricuspid valve treatment company, on January 26, 2022.
Bohai Automotive's subsidiary Bohai International will acquire a 25% stake in BTAH from TASE for EUR 26.31 million, making BTAH a wholly owned subsidiary. The deal was approved by the board on January 26, 2022, and requires government approval.
Flat Glass Group announced that its proposed acquisition of Anhui Dahua Dongfang Mining and Anhui Sanli Mining from Anhui Fengsha Mining Group is still under due diligence and has not been completed.
All4Labels Global Packaging Group acquired Limo Labels A/S, the largest label manufacturer in Denmark and a leading label maker in Scandinavia. Limo Labels becomes a subsidiary and its former owners become co-shareholders. Terms were not disclosed.
Novaria Group, a manufacturer of specialty hardware for aerospace and defense, acquired Advanced Coating, a provider of Parylene conformal coating services. Advanced Coating will remain based in Rancho Cucamonga, California.
The Arcticom Group acquired Precision Refrigeration, a commercial refrigeration and HVAC services provider based in Victoria, British Columbia. Financial terms were not disclosed.
Tabreed, through its Oman subsidiary, acquired a new district cooling plant from Al Mouj Muscat, doubling its concession capacity in Oman from 32,000 RT to 62,000 RT. The deal was signed in December 2021 and achieved financial closure by January 2022.
TerraVerdae Bioworks has signed a binding letter of intent to acquire 100% of PolyFerm Canada, adding mcl-PHA technology for biodegradable bioplastics. The transaction is expected to close in Q2 2022.
Munters has acquired EDPAC, an Ireland-based manufacturer of data center cooling equipment and air handling systems, for EUR 29 million. EDPAC has two manufacturing facilities in Ireland and about 150 employees.
Hager Group, through its Swedish subsidiary Hager Elektro AB, has signed an agreement to acquire a majority stake in Elektrofabriken, a leading cabinet builder based in Malmö. The deal is subject to regulatory approval and expected to close in Q1 2022.
Mitsubishi Logisnext acquired 100% of Mitsubishi Logisnext Americas by purchasing the shares held by minority shareholder Caterpillar Industrial Inc.